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28 Mar 2018  |  Global  |  Market Research

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...

The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...

29 Nov 2022  |  Global  |  Technology Research

Technological Advancements Enabling Ammonia for Efficient Hydrogen Storage

Safe Handling and High Hydrogen Recovery for Direct Utilization Drive the Demand for Ammonia as a Preferred Hydrogen Storage Medium

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Global efforts to decarbonize the energy and industrial sectors have necessitated looking beyond conventional fossil fuels as the primary energy source. Hydrogen, which has a significantly higher energy content than traditional energy sources such as oil and natural gas, is gaining traction in the industry. However, its low volumetric density requi...

Technological Advancements in Solid-state Batteries for EVs The trend of decarbonization of the global automotive sector has been the main factor driving the research on novel battery materials, owing to their prominence as a key enabling technology for the electrification of the transportation sector. Li-ion batteries have become synonymous to EV...

Organic solar cells (OSCs) are emerging as one of the more versatile photovoltaic technologies inthe third-generation solar cell technology domain, owing to their unique characteristics of flexibility, ultralightweight form factors, low-temperature processing, and compatibility with high-throughput printing techniques. Advancements in donor–accepto...

Lithium-ion batteries (LIBs) have been an integral part of energy storage systems, but their manufacture depends on rare earth metals, such as cobalt and nickel, sourced from countries that are subject to humanitarian crises and illegal mining practices. There is also a concentration of resources in selected locations, such as China, for LIBs. The ...

26 Mar 2025  |  Global  |  Technology Research

Safety Innovations in Lithium-ion Battery Technology: Growth Opportunities, 2025–2030

Revolutionary advancements in fire-resistant materials, thermal management, and failure analysis are enhancing the safety of lithium-ion batteries.

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Lithium-ion batteries (LiB) are seeing an increased number of innovations to cater to the demand of safer battery technologies. These innovations aim at decreasing the risk of fire, enhance reliability and longevity, and ensure usability for multiple use-cases. Battery developers and manufacturers are focused on creating fire-resistant materials an...

19 May 2025  |  Global  |  Market Research

Stationary Batteries Industry, Global, 2025–2035

Energy Storage and Critical Power Requirements Drive Battery Usage

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Governments and companies are investing heavily in renewable energy, especially solar pv and wind, to reduce carbon emissions and fossil fuel dependency. The intermittent nature of renewables requires investment in complimentary grid support solutions. Battery energy storage solutions can provide stability to grids and revenue opportunities for own...

Solid-state batteries are emerging as a key technology for the future of electric vehicles and grid storage, offering enhanced safety, energy density, durability, and thermal stability compared with conventional lithium-ion systems. Advances in inorganic, polymer, and hybrid solid electrolytes, lithium-metal anodes, and next-generation cathodes are...