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The residential solar market in the US is forecasted to grow by USD 10.92 billion during 2024-2029, accelerating at a CAGR of 12.3% during the forecast period. The report on the residential solar market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in renewable energy, favorable government regulations, and rising number of solar PV installations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The residential solar market in the US is segmented as below:
By Technology
- Crystalline silicon
- Thin-film
By Location
- California
- Florida
- Arizona
- Rest of US
By Type
- Rooftop solar systems
- Ground-mounted solar systems
By Connectivity
- On-grid solar systems
- Off-grid solar systems
By Geographical Landscape
- North America
The report on the residential solar market in the US covers the following areas:
- Residential Solar Market in the US sizing
- Residential Solar Market in the US forecast
- Residential Solar Market in the US industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by Location
10 Market Segmentation by Type
11 Market Segmentation by Connectivity
12 Customer Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the residential solar market in us: AUXIN SOLAR Inc., BrightSource Energy, Canadian Solar Inc., Emeren Group Ltd., Enphase Energy Inc., Hanwha Corp., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LG Corp., Panasonic Holdings Corp., Schneider Electric SE, Silfab Solar Inc., SPI Energy Co. Ltd., Sunnova Energy International Inc., Sunrun Inc., Tesla Inc., TotalEnergies SE, Trina Solar Co. Ltd., Trinity Solar Inc., and Yaskawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is residential energy storage as virtual power plants."
According to the report, one of the major drivers for this market is the increasing investments in renewable energy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AUXIN SOLAR Inc.
- BrightSource Energy
- Canadian Solar Inc.
- Emeren Group Ltd.
- Enphase Energy Inc.
- Hanwha Corp.
- JA Solar Technology Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- LG Corp.
- Panasonic Holdings Corp.
- Schneider Electric SE
- Silfab Solar Inc.
- SPI Energy Co. Ltd.
- Sunnova Energy International Inc.
- Sunrun Inc.
- Tesla Inc.
- TotalEnergies SE
- Trina Solar Co. Ltd.
- Trinity Solar Inc.
- Yaskawa Electric Corp.
