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The solar power market in the US is forecasted to grow by USD 21.7 billion during 2024-2029, accelerating at a CAGR of 11.1% during the forecast period. The report on the solar power 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 rise in investments in renewable energy, rising electricity demand and high cost of grid expansion, and emergence of zero-energy buildings.
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 solar power market in the US is segmented as below:
By Technology
- Photovoltaic systems
- Concentrated solar power systems
By Application
- Utility
- Residential
- Commercial
By Geographical Landscape
- North America
The report on the solar power market in the US covers the following areas:
- Solar Power Market in the US sizing
- Solar Power Market in the US forecast
- Solar Power 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 Application
10 Customer Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the solar power market in us: Abengoa, Acciona SA, Avantus LLC, BrightSource Energy, Canadian Solar Inc., Earthlight Technologies LLC, Envinity, First Solar Inc., Fun In The Sun Pool Heating Inc., Hanwha Corp., M. A. Mortenson Co., Nextera Energy Inc., Porter Electric LLC, Posigen Solar, Professional Solar Products, SOLV Energy, Southern Exposure Solar, Star Solar Specialists LLC, SunPower Corp., and Trina Solar Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of floating solar power plants."
According to the report, one of the major drivers for this market is the rise in 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:
- Abengoa
- Acciona SA
- Avantus LLC
- BrightSource Energy
- Canadian Solar Inc.
- Earthlight Technologies LLC
- Envinity
- First Solar Inc.
- Fun In The Sun Pool Heating Inc.
- Hanwha Corp.
- M. A. Mortenson Co.
- Nextera Energy Inc.
- Porter Electric LLC
- Posigen Solar
- Professional Solar Products
- SOLV Energy
- Southern Exposure Solar
- Star Solar Specialists LLC
- SunPower Corp.
- Trina Solar Co. Ltd.
