- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Wireless connection, low-cost sensors, and low-power embedded microcontrollers have resulted in a slew of smart consumer items such as phones, watches, and credit cards. Behind the scenes, the smart factory and smart grid are on the increase, and experts are even working on smart dust.
The smart home is part of a larger movement known as the Internet of Things (IoT), which is bringing significant changes to the manufacturing floor, operating room, and farm. The smart home connects a variety of formerly dumb gadgets and networks them together to improve energy efficiency, security, and convenience.
A home battery serves as a buffer between the house and the electricity grid. It fits directly into existing electrical systems to optimize everyday energy consumption and offer backup power in the event of a grid collapse.
This is accomplished by drawing power from the grid or solar panels and selectively placing it on home.Home batteries have been around for a long time. However, prior to the smartphone, house batteries were big, costly, cumbersome, and restricted in performance.
Swell specializes in the next generation of lithium-ion household batteries.The sophisticated lithium ion battery cells that power electric automobiles like the Tesla are used in smart home batteries. The collaborate with the world's leading battery technology firms to provide small, automated, cloud-connected home battery systems that require no maintenance and last for more than ten years.
Solar panels must be turned off by law during a power loss. If they did not, utility personnel attempting to repair the situation would be electrocuted. A house battery allows solar panels to continue operating in the event of a power loss, giving uninterrupted electricity to home and family.
Connecting multiple devices offers up a world of exciting possibilities, but delivering power to such a diverse collection of items creates challenges for the system designer, especially in a home that wasn't meant to accept a smart installation.
Some power solutions are rather clear. Most smart-home systems rely on a control panel, hub, or base device in a fixed place near an ac outlet. However, the system may also contain dispersed or mobile wireless sensors, video doorbells, security cameras, or similar peripherals that cannot be readily positioned near a fixed power supply, particularly in houses built before to the IoT revolution.
The major source of power is the battery. These include the previously stated remotely situated peripherals, mobile devices such as cleaning robots, and wearables such as in-home medical monitoring.
The battery serves a secondary purpose. When a primary ac-powered source fails, it acts as a backup and comes online. Power continuity is crucial for home security and fire safety, but it's also critical for new home applications like patient monitoring and senior care. Similar applications include energy storage systems and backup supplies for telemetry, UPS, and servers.
The Global Smart Home Battery Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
IIM-Ahmedabad-backed Matter Energy has stated that it would introduce swappable batteries in electric bikes with residential and stationary applications. Motorcycle batteries may also be utilized as dual-purpose smart home dock inverters with IoT capabilities that can be charged remotely.
To add to its technological stack, the electric motorbike manufacturer's energy business has formed a strategic alliance with Schneider Electric-backed Luminous to jointly create such batteries. These may be scaled up with solar applications that can serve as a backup for electric charging stations.
Currently, power disruptions in Tier 2 and Tier 3 markets hinder the capacity to provide on-the-go charging for all classes of electric cars.Matter Energy and Luminous will soon collaborate with EV charging suppliers and potentially bid on such projects to build new solutions that put the client first.
The want to make sure that the application improves his everyday life and lowers his total energy costs.Matters' experience in Lithium-ion battery technology will enable the company to deliver superior solutions to clients in India and throughout the world.
Matter, which displayed India's first geared electric motorbike at the AutoExpo, will also be revealing the name and pricing of its latest products.Myenergi, a British energy solutions company, has launched its own modular home battery called libbi.
According to the manufacturer, libbi is a novel solution for energy independence and sustainability in household applications. It is meant to catch as much excess solar electricity as possible while remaining interconnected with other Myenergi devices.
Myenergi's eco-smart product line-up will include the smart solar diverter eddie and the world's first solar EV smart charger zappi. Customers will be able to complete their home energy ecosystem, allowing them to optimize self-consumption from their own renewable power and drastically cut energy expenditures, according to the business.
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.