Global Plug-In Balcony Energy Storage System Market Forecast 2025: Rising Adoption Drives 21.1% CAGR Growth Through 2031

LOS ANGELES, United States: The research study is a highly useful tool in the hands of market players that allows them to effectively assess the global Plug-In Balcony Energy Storage System market and know where they stand in the industry in terms of revenue or sales growth. It comprehensively evaluates the global Plug-In Balcony Energy Storage System market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects. Furthermore, it offers a precise account of key breakthroughs and developments taking shape in the global Plug-In Balcony Energy Storage System market. It takes into consideration both the global and regional progress of the Plug-In Balcony Energy Storage System market to provide a complete analysis.

The global market for Plug-In Balcony Energy Storage System was estimated to be worth US$ 3300 million in 2024 and is forecast to a readjusted size of US$ 15000 million by 2031 with a CAGR of 21.1% during the forecast period 2025-2031.

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The plug-in balcony energy storage system is a smartly designed energy solution that integrates solar photovoltaic power generation and energy storage functions on the balcony. It combines photovoltaic panels with energy storage batteries through a convenient plug-in installation method, which saves space and improves energy efficiency. The system can convert solar energy into electrical energy when there is sufficient sunlight and store it in batteries for use by families at night or on cloudy days, helping to reduce electricity bills and reduce dependence on traditional energy sources.

In recent years, driven by tight energy supply-demand dynamics and policy incentives, the plug-in balcony energy storage system industry, particularly in the European market, has achieved remarkable high growth. Looking ahead, with continued optimization of the policy environment, demand for plug-in balcony energy storage systems in European countries such as Germany, Austria, and France is expected to further expand, with market penetration rates poised for sustained growth. Meanwhile, regions like the Americas and Asia-Pacific will also accelerate their deployment, driving global market expansion. The industry is projected to gradually transition from a high-growth phase to a steady-growth phase, with broad market prospects.

In terms of product design, wall-mounted type have become the mainstream. Major manufacturers are focusing their R&D efforts on wall-mounted products, aligning with the industry's trend toward simplicity and aesthetics. In the future, plug-in balcony energy storage systems will evolve toward appliance-like integration. The market size for wall-mounted products is expected to reach US$9,569.11 million from 2025 to 2031, with a compound annual growth rate (CAGR) of 23.6%.

Regarding application scenarios, multifamily Homes remains the core downstream market. Plug-in balcony energy storage systems effectively address power limitations and space constraints in photovoltaic utilization for multi-family residences while offering economic advantages. Moving forward, multi-family housing will continue to be the primary demand driver, with sustained growth expected. The market size for multi-family housing applications is projected to reach US$11,353.87 million from 2025 to 2031, with a CAGR of 22.4%.

In terms of the global competitive landscape, leading players such as Enphase, Growatt, and Alphaess dominate the market, with the top three companies expected to hold a combined market share of 49.76% in 2024. Market participants can be broadly categorized into two types: established manufacturers with in-house production capabilities for key components like energy storage systems and microinverters, leveraging their technological and supply chain advantages to rapidly capture market share; and emerging players, which, despite lacking first-mover advantages, are quickly gaining traction through strong marketing strategies and capital backing. As more companies enter the market, competition is expected to intensify further in the coming years.

This is one of the most important sections of the research study as it provides deep insights into the growth of the Plug-In Balcony Energy Storage System market at both country and regional level. The researchers estimate market growth in different regions and countries by both value and volume. They accurately calculate the revenue, price, CAGR, consumption, sales, and other factors related to the regional markets studied here.

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Table of Content

1 Market Overview
1.1 Plug-In Balcony Energy Storage System Product Introduction
1.2 Global Plug-In Balcony Energy Storage System Market Size Forecast
1.2.1 Global Plug-In Balcony Energy Storage System Sales Value (2020-2031)
1.2.2 Global Plug-In Balcony Energy Storage System Sales Volume (2020-2031)
1.2.3 Global Plug-In Balcony Energy Storage System Sales Price (2020-2031)
1.3 Plug-In Balcony Energy Storage System Market Trends & Drivers
1.3.1 Plug-In Balcony Energy Storage System Industry Trends
1.3.2 Plug-In Balcony Energy Storage System Market Drivers & Opportunity
1.3.3 Plug-In Balcony Energy Storage System Market Challenges
1.3.4 Plug-In Balcony Energy Storage System Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Plug-In Balcony Energy Storage System Players Revenue Ranking (2024)
2.2 Global Plug-In Balcony Energy Storage System Revenue by Company (2020-2025)
2.3 Global Plug-In Balcony Energy Storage System Players Sales Volume Ranking (2024)
2.4 Global Plug-In Balcony Energy Storage System Sales Volume by Company Players (2020-2025)
2.5 Global Plug-In Balcony Energy Storage System Average Price by Company (2020-2025)
2.6 Key Manufacturers Plug-In Balcony Energy Storage System Manufacturing Base and Headquarters
2.7 Key Manufacturers Plug-In Balcony Energy Storage System Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Plug-In Balcony Energy Storage System
2.9 Plug-In Balcony Energy Storage System Market Competitive Analysis
2.9.1 Plug-In Balcony Energy Storage System Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Plug-In Balcony Energy Storage System Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Plug-In Balcony Energy Storage System as of 2024)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Wall-Mounted Type
3.1.2 Floor-Mounted Type
3.2 Global Plug-In Balcony Energy Storage System Sales Value by Type
3.2.1 Global Plug-In Balcony Energy Storage System Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Plug-In Balcony Energy Storage System Sales Value, by Type (2020-2031)
3.2.3 Global Plug-In Balcony Energy Storage System Sales Value, by Type (%) (2020-2031)
3.3 Global Plug-In Balcony Energy Storage System Sales Volume by Type
3.3.1 Global Plug-In Balcony Energy Storage System Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Plug-In Balcony Energy Storage System Sales Volume, by Type (2020-2031)
3.3.3 Global Plug-In Balcony Energy Storage System Sales Volume, by Type (%) (2020-2031)
3.4 Global Plug-In Balcony Energy Storage System Average Price by Type (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Multifamily Homes
4.1.2 Single-Family Homes
4.2 Global Plug-In Balcony Energy Storage System Sales Value by Application
4.2.1 Global Plug-In Balcony Energy Storage System Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Plug-In Balcony Energy Storage System Sales Value, by Application (2020-2031)
4.2.3 Global Plug-In Balcony Energy Storage System Sales Value, by Application (%) (2020-2031)
4.3 Global Plug-In Balcony Energy Storage System Sales Volume by Application
4.3.1 Global Plug-In Balcony Energy Storage System Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Plug-In Balcony Energy Storage System Sales Volume, by Application (2020-2031)
4.3.3 Global Plug-In Balcony Energy Storage System Sales Volume, by Application (%) (2020-2031)
4.4 Global Plug-In Balcony Energy Storage System Average Price by Application (2020-2031)

5 Segmentation by Region
5.1 Global Plug-In Balcony Energy Storage System Sales Value by Region
5.1.1 Global Plug-In Balcony Energy Storage System Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Plug-In Balcony Energy Storage System Sales Value by Region (2020-2025)
5.1.3 Global Plug-In Balcony Energy Storage System Sales Value by Region (2026-2031)
5.1.4 Global Plug-In Balcony Energy Storage System Sales Value by Region (%), (2020-2031)
5.2 Global Plug-In Balcony Energy Storage System Sales Volume by Region
5.2.1 Global Plug-In Balcony Energy Storage System Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Plug-In Balcony Energy Storage System Sales Volume by Region (2020-2025)
5.2.3 Global Plug-In Balcony Energy Storage System Sales Volume by Region (2026-2031)
5.2.4 Global Plug-In Balcony Energy Storage System Sales Volume by Region (%), (2020-2031)
5.3 Global Plug-In Balcony Energy Storage System Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Plug-In Balcony Energy Storage System Sales Value, 2020-2031
5.4.2 North America Plug-In Balcony Energy Storage System Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Plug-In Balcony Energy Storage System Sales Value, 2020-2031
5.5.2 Europe Plug-In Balcony Energy Storage System Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Plug-In Balcony Energy Storage System Sales Value, 2020-2031
5.6.2 Asia Pacific Plug-In Balcony Energy Storage System Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Plug-In Balcony Energy Storage System Sales Value, 2020-2031
5.7.2 South America Plug-In Balcony Energy Storage System Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Plug-In Balcony Energy Storage System Sales Value, 2020-2031
5.8.2 Middle East & Africa Plug-In Balcony Energy Storage System Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Plug-In Balcony Energy Storage System Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Plug-In Balcony Energy Storage System Sales Value and Sales Volume
6.2.1 Key Countries/Regions Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.2.2 Key Countries/Regions Plug-In Balcony Energy Storage System Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.3.2 United States Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.4.2 Europe Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.5.2 China Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.5.3 China Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.6.2 Japan Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.7.2 South Korea Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.8.2 Southeast Asia Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Plug-In Balcony Energy Storage System Sales Value, 2020-2031
6.9.2 India Plug-In Balcony Energy Storage System Sales Value by Type (%), 2024 VS 2031
6.9.3 India Plug-In Balcony Energy Storage System Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 Enphase
7.1.1 Enphase Company Information
7.1.2 Enphase Introduction and Business Overview
7.1.3 Enphase Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Enphase Plug-In Balcony Energy Storage System Product Offerings
7.1.5 Enphase Recent Development
7.2 Growatt
7.2.1 Growatt Company Information
7.2.2 Growatt Introduction and Business Overview
7.2.3 Growatt Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Growatt Plug-In Balcony Energy Storage System Product Offerings
7.2.5 Growatt Recent Development
7.3 Alphaess
7.3.1 Alphaess Company Information
7.3.2 Alphaess Introduction and Business Overview
7.3.3 Alphaess Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Alphaess Plug-In Balcony Energy Storage System Product Offerings
7.3.5 Alphaess Recent Development
7.4 Solarwatt
7.4.1 Solarwatt Company Information
7.4.2 Solarwatt Introduction and Business Overview
7.4.3 Solarwatt Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Solarwatt Plug-In Balcony Energy Storage System Product Offerings
7.4.5 Solarwatt Recent Development
7.5 EcoFlow
7.5.1 EcoFlow Company Information
7.5.2 EcoFlow Introduction and Business Overview
7.5.3 EcoFlow Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 EcoFlow Plug-In Balcony Energy Storage System Product Offerings
7.5.5 EcoFlow Recent Development
7.6 Apsystems
7.6.1 Apsystems Company Information
7.6.2 Apsystems Introduction and Business Overview
7.6.3 Apsystems Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Apsystems Plug-In Balcony Energy Storage System Product Offerings
7.6.5 Apsystems Recent Development
7.7 Hoymiles
7.7.1 Hoymiles Company Information
7.7.2 Hoymiles Introduction and Business Overview
7.7.3 Hoymiles Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Hoymiles Plug-In Balcony Energy Storage System Product Offerings
7.7.5 Hoymiles Recent Development
7.8 Bluetti
7.8.1 Bluetti Company Information
7.8.2 Bluetti Introduction and Business Overview
7.8.3 Bluetti Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Bluetti Plug-In Balcony Energy Storage System Product Offerings
7.8.5 Bluetti Recent Development
7.9 DAHsolar
7.9.1 DAHsolar Company Information
7.9.2 DAHsolar Introduction and Business Overview
7.9.3 DAHsolar Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 DAHsolar Plug-In Balcony Energy Storage System Product Offerings
7.9.5 DAHsolar Recent Development
7.10 Newsmy Power
7.10.1 Newsmy Power Company Information
7.10.2 Newsmy Power Introduction and Business Overview
7.10.3 Newsmy Power Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Newsmy Power Plug-In Balcony Energy Storage System Product Offerings
7.10.5 Newsmy Power Recent Development
7.11 PVB (Beny New Energy)
7.11.1 PVB (Beny New Energy) Company Information
7.11.2 PVB (Beny New Energy) Introduction and Business Overview
7.11.3 PVB (Beny New Energy) Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 PVB (Beny New Energy) Plug-In Balcony Energy Storage System Product Offerings
7.11.5 PVB (Beny New Energy) Recent Development
7.12 Anker
7.12.1 Anker Company Information
7.12.2 Anker Introduction and Business Overview
7.12.3 Anker Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Anker Plug-In Balcony Energy Storage System Product Offerings
7.12.5 Anker Recent Development
7.13 HFIEpower
7.13.1 HFIEpower Company Information
7.13.2 HFIEpower Introduction and Business Overview
7.13.3 HFIEpower Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 HFIEpower Plug-In Balcony Energy Storage System Product Offerings
7.13.5 HFIEpower Recent Development
7.14 Efficient Energy Technology
7.14.1 Efficient Energy Technology Company Information
7.14.2 Efficient Energy Technology Introduction and Business Overview
7.14.3 Efficient Energy Technology Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Efficient Energy Technology Plug-In Balcony Energy Storage System Product Offerings
7.14.5 Efficient Energy Technology Recent Development
7.15 HAME
7.15.1 HAME Company Information
7.15.2 HAME Introduction and Business Overview
7.15.3 HAME Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 HAME Plug-In Balcony Energy Storage System Product Offerings
7.15.5 HAME Recent Development
7.16 Jackery (Hello-Tech)
7.16.1 Jackery (Hello-Tech) Company Information
7.16.2 Jackery (Hello-Tech) Introduction and Business Overview
7.16.3 Jackery (Hello-Tech) Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Jackery (Hello-Tech) Plug-In Balcony Energy Storage System Product Offerings
7.16.5 Jackery (Hello-Tech) Recent Development
7.17 Zendure
7.17.1 Zendure Company Information
7.17.2 Zendure Introduction and Business Overview
7.17.3 Zendure Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Zendure Plug-In Balcony Energy Storage System Product Offerings
7.17.5 Zendure Recent Development
7.18 Marstek Energy
7.18.1 Marstek Energy Company Information
7.18.2 Marstek Energy Introduction and Business Overview
7.18.3 Marstek Energy Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Marstek Energy Plug-In Balcony Energy Storage System Product Offerings
7.18.5 Marstek Energy Recent Development
7.19 Anfuote
7.19.1 Anfuote Company Information
7.19.2 Anfuote Introduction and Business Overview
7.19.3 Anfuote Plug-In Balcony Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Anfuote Plug-In Balcony Energy Storage System Product Offerings
7.19.5 Anfuote Recent Development

8 Industry Chain Analysis
8.1 Plug-In Balcony Energy Storage System Industrial Chain
8.2 Plug-In Balcony Energy Storage System Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Plug-In Balcony Energy Storage System Sales Model
8.5.2 Sales Channel
8.5.3 Plug-In Balcony Energy Storage System Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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