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The residential solar photovoltaic (PV) systems market is forecasted to grow by USD 13.25 billion during 2023-2028, accelerating at a CAGR of 4.73% during the forecast period. The report on the residential solar photovoltaic (PV) systems market 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 favourable government policies for solar power, increasing investments in renewable energy, and rising solar PV installations.
The residential solar photovoltaic (PV) systems market is segmented as below:
By Type
- On grid
- Off grid
By Technology
- Crystalline silicon
- Thin film
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the residential solar photovoltaic (PV) systems market covers the following areas:
- Residential solar photovoltaic (PV) systems market sizing
- Residential solar photovoltaic (PV) systems market forecast
- Residential solar photovoltaic (PV) systems market industry analysis
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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the residential solar photovoltaic (PV) systems market: ABB Ltd., Canadian Solar Inc., Enphase Energy Inc., Hanwha Corp., Huawei Technologies Co. Ltd., Jiangsu SUMEC Group Co. Ltd., JinkoSolar Holding Co. Ltd., Kyocera Corp., LG Corp., Panasonic Holdings Corp., Reliance Industries Ltd., Schneider Electric SE, Sharp Corp., SMA Solar Technology AG, SolarEdge Technologies Inc., Sunrun Inc., Tesla Inc., TotalEnergies SE, Trina Solar Co. Ltd., and Vivint Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of microgrids."
According to the report, one of the major drivers for this market is the favourable government policies for solar power.
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:
- ABB Ltd.
- Canadian Solar Inc.
- Enphase Energy Inc.
- Hanwha Corp.
- Huawei Technologies Co. Ltd.
- Jiangsu SUMEC Group Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- Kyocera Corp.
- LG Corp.
- Panasonic Holdings Corp.
- Reliance Industries Ltd.
- Schneider Electric SE
- Sharp Corp.
- SMA Solar Technology AG
- SolarEdge Technologies Inc.
- Sunrun Inc.
- Tesla Inc.
- TotalEnergies SE
- Trina Solar Co. Ltd.
- Vivint Inc.
