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Residential Energy Storage Market Is Projected to Reach USD 17.5 Billion by 2024

According to a recent market research report by MarketsandMarkets, the residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. Some of the factors driving this growth include the declining cost of batteries, regulatory support and financial incentives, […]

The post Residential Energy Storage Market Is Projected to Reach USD 17.5 Billion by 2024 appeared first on Solar Magazine.

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