The global residential battery market size was valued at USD 17.82 billion in 2025. The market is projected to grow from USD 20.66 billion in 2026 to USD 60.72 billion by 2034, exhibiting a CAGR of 14.42% during the forecast period. Europe dominated the residential battery market, accounting for a market share of 38.60% in 2025. Market growth is driven by the increasing adoption of residential solar energy systems, rising electricity costs, growing demand for backup power, an