Zhi Tong Cai Jing·2025-08-19 01:00Core Viewpoint - The user-side energy storage market is experiencing a recovery with a concentrated market structure, while high-growth new markets are emerging, indicating a return to stable growth in global installations [1][6] Group 1: Household Energy Storage - The household energy storage market has undergone significant restructuring, leading to a gradual recovery and emergence of new growth opportunities [1] - It is expected that global household energy storage installations will see an accelerated growth inflection point by 2025, with a projected CAGR of nearly 15% over the next three years, particularly in markets like Australia and Asia-Pacific [2] - Australia's household storage penetration rates are relatively low at approximately 7% for existing installations and 20% for new installations, indicating substantial growth potential compared to Europe [2] Group 2: Industrial and Commercial Energy Storage - The commercial energy storage market is maturing, with significant growth expected due to improved business models and application scenarios, particularly in Europe where the CAGR is projected to reach around 55% from 2024 to 2029 [3] - The economic advantages of commercial energy storage over diesel generators, along with its suitability for off-grid backup power needs, present considerable replacement opportunities [3] - The increasing acceptance of green energy storage solutions is anticipated to further enhance long-term growth prospects for industrial and commercial energy storage [3] Group 3: Market Opportunities for Domestic Manufacturers - Domestic manufacturers are actively enhancing their product offerings and market expansion strategies to capitalize on the rising demand in overseas user-side energy storage markets [4] - Chinese household storage suppliers are leveraging manufacturing advantages and financial strength to deepen partnerships with leading channel providers in mature markets while exploring high-growth potential markets like Australia and Asia-Pacific [4] - The growing demand in the overseas commercial storage market is prompting domestic battery, inverter, and system manufacturers to accelerate product upgrades and business model expansions [4]