Global Residential Solar PV Growth Opportunities

Description

Innovative Business Models and Improved Customer Experience to Drive Growth

The residential solar PV segment is witnessing a period of fast growth, driven by a combination of an increasingly favorable regulatory climate, higher electricity prices, and concerns over climate change. The restraints that have held the market back, primarily delays in approvals, have grown weaker, as governments gradually tackle these issues. The uptake of battery storage systems will be pivotal to PV market growth in the future, as households with battery storage solutions can significantly increase their self-consumption of electricity and further mitigate higher energy costs.

This research service highlights the main drivers and restraints and their relative strengths. Profiles of key countries (a relatively small number of country markets still account for a significant percentage of the total market) offer a clear picture of the status, the growth accelerators and challenges, and the market potential. In addition, countries are ranked in terms of market attractiveness, based on criteria, such as policy support, incentives, and accessibility. Growth opportunities for active market participants and new entrants are also identified.

Product Code: MGM7-27

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Residential Photovoltaic (PV) Sector
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Scope of Analysis

Growth Opportunity Analysis

Global Residential Solar PV Market Capacity Additions, 2023-2030
Growth Drivers
Growth Restraints
Revenue and Unit Shipment Forecast
Hotspots-The United States
The United States
Revenue and Unit Shipment Forecast
Hotspots-Australia
Australia
Revenue and Unit Shipment Forecast
Hotspots-India
India
Revenue and Unit Shipment Forecast
Hotspots-Germany
Germany
Revenue and Unit Shipment Forecast
Hotspots-Italy
Italy
Revenue and Unit Shipment Forecast
Hotspots-UK
UK
Revenue and Unit Shipment Forecast
Hotspots-Poland
Poland
Revenue and Unit Shipment Forecast
Hotspots-The Netherlands
The Netherlands
Revenue and Unit Shipment Forecast
Hotspots-Belgium
Belgium
Revenue and Unit Shipment Forecast
Hotspots-Japan
Japan
Revenue and Unit Shipment Forecast
Hotspots-Brazil
Brazil
Revenue and Unit Shipment Forecast
Hotspots-Turkey
Turkey
Revenue and Unit Shipment Forecast
Hotspots-Spain
Spain
Revenue and Unit Shipment Forecast

Growth Opportunity Universe

Growth Opportunity 1: Solar-as-a-service
Growth Opportunity 1: Solar-as-a-service (continued)
Growth Opportunity 2: Strategic Partnerships
Growth Opportunity 2: Strategic Partnerships (continued)
Growth Opportunity 3: Off-grid Deployments
Growth Opportunity 3: Off-grid Deployments (continued)
List of Exhibits
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