| Product Code: ETC9975284 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States residential battery import market continues to thrive in 2024, with significant shipments coming from top exporting countries such as China, South Korea, Japan, Canada, and Hungary. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, driving competition and innovation. With a remarkable compound annual growth rate (CAGR) of 45.41% from 2020 to 2024, the industry shows strong potential for further expansion. The impressive growth rate of 21.09% from 2023 to 2024 underscores the increasing demand for residential batteries in the US market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Residential Battery Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Residential Battery Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Residential Battery Market - Industry Life Cycle |
3.4 United States (US) Residential Battery Market - Porter's Five Forces |
3.5 United States (US) Residential Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Residential Battery Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 United States (US) Residential Battery Market Revenues & Volume Share, By Operation, 2021 & 2031F |
4 United States (US) Residential Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy storage solutions due to growing adoption of renewable energy sources in residential settings |
4.2.2 Government incentives and policies supporting the adoption of residential battery storage systems |
4.2.3 Technological advancements leading to improved efficiency and affordability of residential battery systems |
4.3 Market Restraints |
4.3.1 High upfront costs associated with purchasing and installing residential battery systems |
4.3.2 Lack of awareness and education among consumers about the benefits of residential battery storage |
4.3.3 Regulatory challenges and standards impacting the deployment of residential battery solutions |
5 United States (US) Residential Battery Market Trends |
6 United States (US) Residential Battery Market, By Types |
6.1 United States (US) Residential Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Residential Battery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Residential Battery Market Revenues & Volume, By Lithium-ion Battery, 2021- 2031F |
6.1.4 United States (US) Residential Battery Market Revenues & Volume, By Lead-acid Battery, 2021- 2031F |
6.1.5 United States (US) Residential Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 United States (US) Residential Battery Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Residential Battery Market Revenues & Volume, By 3-6 kW, 2021- 2031F |
6.2.3 United States (US) Residential Battery Market Revenues & Volume, By 6-10 kW, 2021- 2031F |
6.2.4 United States (US) Residential Battery Market Revenues & Volume, By More than 10 kW, 2021- 2031F |
6.3 United States (US) Residential Battery Market, By Operation |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Residential Battery Market Revenues & Volume, By Standalone, 2021- 2031F |
6.3.3 United States (US) Residential Battery Market Revenues & Volume, By Solar, 2021- 2031F |
7 United States (US) Residential Battery Market Import-Export Trade Statistics |
7.1 United States (US) Residential Battery Market Export to Major Countries |
7.2 United States (US) Residential Battery Market Imports from Major Countries |
8 United States (US) Residential Battery Market Key Performance Indicators |
8.1 Average cost per kWh of residential battery storage systems |
8.2 Number of residential installations with battery storage capacity |
8.3 Percentage of households with solar panels also investing in residential battery systems |
9 United States (US) Residential Battery Market - Opportunity Assessment |
9.1 United States (US) Residential Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Residential Battery Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 United States (US) Residential Battery Market Opportunity Assessment, By Operation, 2021 & 2031F |
10 United States (US) Residential Battery Market - Competitive Landscape |
10.1 United States (US) Residential Battery Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Residential Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |