The Global Home Solar Battery Market was valued at USD 5.8 Billion in 2023 and is projected to reach USD 22.4 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 31.1% during the forecast period (2023–2028). This explosive growth is being driven by rising electricity prices, increasing adoption of residential solar PV systems, government incentives for energy storage, and the growing consumer demand for energy resilience and independence.
As the global energy landscape pivots towards decentralization and sustainability, the focus intensifies on the innovative companies providing the essential energy storage solutions that make solar power reliable and accessible. In this blog, we profile the Top 10 Companies in the Home Solar Battery Industry—a dynamic mix of automotive giants, electronics leaders, and specialized energy storage pioneers shaping the future of home energy management.
🔟 1. Tesla
Headquarters: Austin, Texas, USA
Key Offering: Powerwall, Solar Roof, Integrated Energy Solutions
Tesla is a dominant force in the home energy storage market, renowned for its Powerwall battery system. Designed to store energy from solar panels, the Powerwall enables homeowners to use solar power day and night, providing backup power during outages and optimizing energy consumption through its user-friendly app.
Innovation & Market Position:
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Market leader with significant brand recognition and a vertically integrated solar-plus-storage ecosystem.
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Continuous software updates enhancing Powerwall functionality, including storm watch and time-based control.
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Focus on creating a seamless user experience from solar generation to storage and electric vehicle charging.
Download FREE Sample Report: 2023-2028 Global and Regional Home Solar Battery Industry Status and Prospects Professional Market – View in Detailed Research Report
9️⃣ 2. LG Chem
Headquarters: Seoul, South Korea
Key Offering: LG RESU Prime, RESU Flex Residential Battery Systems
LG Chem is a leading global supplier of lithium-ion batteries for various applications, with a strong portfolio in residential energy storage. The RESU series is known for its high energy density, compact design, and reliability, making it a preferred choice for solar installers and homeowners worldwide.
Innovation & Market Position:
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Leverages decades of expertise in battery chemistry and manufacturing for high safety and performance standards.
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Strong global supply chain and partnerships with major inverter manufacturers for seamless integration.
8️⃣ 3. Sonnen GmbH
Headquarters: Wildpoldsried, Germany
Key Offering: sonnenBatterie, sonnenCommunity, sonnenFlat
Sonnen, a Shell-owned company, is a European pioneer in smart energy storage solutions. The sonnenBatterie is more than just a battery; it’s part of an intelligent ecosystem that allows users to optimize self-consumption, participate in virtual power plants, and benefit from innovative energy tariffs.
Innovation & Market Position:
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Pioneer of the virtual power plant (VPP) concept, pooling residential batteries to provide grid services.
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Strong focus on community-based energy sharing models and software-driven energy management.
7️⃣ 4. Enphase Energy
Headquarters: Fremont, California, USA
Key Offering: Enphase IQ Battery, IQ Microinverters, Enphase System Controller
Enphase Energy revolutionized solar with its microinverter technology and has successfully expanded into the storage market with its AC-coupled IQ Battery. This system integrates seamlessly with existing and new Enphase solar installations, offering modular, scalable, and highly reliable storage.
Innovation & Market Position:
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Unique AC-coupled, modular architecture allows for easy system expansion and high reliability.
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Comprehensive system integration with a single vendor for microinverters, batteries, and energy management software.
Download FREE Sample Report: 2023-2028 Global and Regional Home Solar Battery Industry Status and Prospects Professional Market – View in Detailed Research Report
6️⃣ 5. Samsung SDI
Headquarters: Yongin, South Korea
Key Offering: ESS Battery Pack, SDI Li-ion Battery Cells
Samsung SDI is a major global supplier of lithium-ion battery cells and complete energy storage systems (ESS) for residential use. Its batteries are known for their long cycle life, safety features, and thermal stability, often integrated into systems by various solar inverter and storage solution providers.
Innovation & Market Position:
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Key supplier of battery cells to other system integrators, underpinning a significant portion of the market.
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Continuous R&D focused on increasing energy density and reducing degradation over time.
5️⃣ 6. BYD Company Ltd.
Headquarters: Shenzhen, China
Key Offering: BYD Battery-Box, HVM/HVS Home Storage Systems
BYD, a leader in electric vehicles and batteries, offers the Battery-Box series for residential applications. Its Lithium Iron Phosphate (LFP) chemistry is praised for its exceptional safety, long lifespan, and high performance, making it a strong competitor in markets worldwide.
Innovation & Market Position:
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Vertically integrated manufacturer controlling the entire production process from raw materials to finished systems.
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Strong emphasis on LFP technology, which is becoming the industry standard for safety and longevity.
4️⃣ 7. Panasonic Corporation
Headquarters: Kadoma, Osaka, Japan
Key Offering: EverVolt Home Battery Storage System, HIT Solar Panels
Panasonic leverages its deep expertise in consumer electronics and battery technology to offer the EverVolt battery storage system. Designed to work with any solar panel, EverVolt provides a versatile and robust solution for homeowners seeking to maximize their energy independence.
Innovation & Market Position:
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Integration with high-efficiency Panasonic HIT solar panels for a complete branded energy solution.
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Offers both AC and DC coupling options, providing flexibility for new installations and retrofits.
3️⃣ 8. Generac Power Systems
Headquarters: Waukesha, Wisconsin, USA
Key Offering: PWRcell Energy Storage System, Smart Management Modules
Generac, a well-known name in backup generators, has aggressively entered the solar storage market with its PWRcell system. This integrated solution combines solar storage with whole-home backup power, positioning itself as a comprehensive solution for home resilience.
Innovation & Market Position:
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Leverages strong brand trust in the backup power sector to cross-sell solar battery systems.
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Focus on high-power output, capable of starting and running central air conditioners and other large loads during an outage.
2️⃣ 9. Alpha Technologies
Headquarters: Bellingham, Washington, USA
Key Offering: Stationary Battery Backup Systems, Power Conversion Equipment
Alpha Technologies has a long history in providing reliable backup power solutions for critical infrastructure. The company applies this expertise to the residential solar market, offering robust and durable battery systems designed for longevity and performance in demanding conditions.
Innovation & Market Position:
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Extensive experience in telecommunications and industrial backup power, ensuring high-reliability engineering.
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Focus on robust, long-life battery technologies suitable for off-grid and critical backup applications.
1️⃣ 10. Saft (TotalEnergies)
Headquarters: Paris, France
Key Offering: Intensium Home Battery Systems, Advanced Li-ion Batteries
Saft, a subsidiary of TotalEnergies, brings over a century of battery expertise to the residential market. Its Intensium Home range offers compact, safe, and efficient storage solutions, backed by the global reach and energy transition goals of its parent company.
Innovation & Market Position:
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Heritage in designing batteries for extreme environments (aerospace, defense) translates to high safety and durability for homes.
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Strategic alignment with TotalEnergies’ push into distributed energy and renewables.
Read Full Report: 2023-2028 Global and Regional Home Solar Battery Industry Status and Prospects Professional Market – View in Detailed Research Report
🌍 Outlook: The Future of Home Energy is Stored and Intelligent
The home solar battery market is evolving from a niche product to a mainstream home appliance. While basic energy storage remains the core function, the industry is rapidly advancing towards intelligent, grid-interactive systems that offer new value streams for homeowners and utilities alike.
📈 Key Trends Shaping the Market:
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Accelerating adoption of Lithium Iron Phosphate (LFP) chemistry for its superior safety and lifespan.
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Growth of Virtual Power Plants (VPPs) enabling homeowners to earn revenue by supporting the grid.
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Increased software integration for smart energy management, load shifting, and optimized self-consumption.
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Standardization and regulatory support, including streamlined interconnection processes and new storage-specific incentives.
Read Full Report: 2023-2028 Global and Regional Home Solar Battery Industry Status and Prospects Professional Market – View in Detailed Research Report
The companies listed above are not only providing backup power—they’re building the foundational technology for a decentralized, resilient, and clean energy future.
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