Residential Solar Market in US 2023-2027

Description

List of Tables

The residential solar market in US is forecasted to grow by USD 1,863.96 mn during 2022-2027, accelerating at a CAGR of 7.27% during the forecast period. The report on the residential solar market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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.

Technavio's residential solar market in US is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	6.3%
CAGR	7.27%
Incremental Value	$1,863.96mn

By Technology

Crystalline silicon
Thin-film

By Location

California
Florida
Arizona
Rest of US

By Geographical Landscape

North America

This study identifies residential energy storage as virtual power plants as one of the prime reasons driving the residential solar market in US growth during the next few years. Also, the market attracting new vendors and increased spending on green construction and zero-energy homes will lead to sizable demand in the market.

The report on the residential solar market in US covers the following areas:

Residential solar market sizing in US
Residential solar market forecast in US
Residential solar market industry analysis in US

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential solar market in US vendors that include AUXIN SOLAR Inc., BrightSource Energy Inc., Canadian Solar Inc., Emeren, 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 Heating and Air Inc, and Yaskawa Electric Corp.. Also, the residential solar market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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.

Product Code: IRTNTR70400

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 05: Executive Summary - Chart on Market Segmentation by Location
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Residential solar market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on residential solar market in US 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Location Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Location Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 25: Chart on Technology - Market share 2022-2027 (%)
Exhibit 26: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 27: Chart on Comparison by Technology
Exhibit 28: Data Table on Comparison by Technology
6.3 Crystalline silicon - Market size and forecast 2022-2027
Exhibit 29: Chart on Crystalline silicon - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Crystalline silicon - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Crystalline silicon - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Crystalline silicon - Year-over-year growth 2022-2027 (%)
6.4 Thin-film - Market size and forecast 2022-2027
Exhibit 33: Chart on Thin-film - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Thin-film - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Thin-film - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Thin-film - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Technology
Exhibit 37: Market opportunity by Technology ($ million)
Exhibit 38: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Location

7.1 Market segments
Exhibit 39: Chart on Location - Market share 2022-2027 (%)
Exhibit 40: Data Table on Location - Market share 2022-2027 (%)
7.2 Comparison by Location
Exhibit 41: Chart on Comparison by Location
Exhibit 42: Data Table on Comparison by Location
7.3 California - Market size and forecast 2022-2027
Exhibit 43: Chart on California - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on California - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on California - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on California - Year-over-year growth 2022-2027 (%)
7.4 Florida - Market size and forecast 2022-2027
Exhibit 47: Chart on Florida - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Florida - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Florida - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Florida - Year-over-year growth 2022-2027 (%)
7.5 Arizona - Market size and forecast 2022-2027
Exhibit 51: Chart on Arizona - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Arizona - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Arizona - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Arizona - Year-over-year growth 2022-2027 (%)
7.6 Rest of US - Market size and forecast 2022-2027
Exhibit 55: Chart on Rest of US - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Rest of US - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Rest of US - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Rest of US - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Location
Exhibit 59: Market opportunity by Location ($ million)
Exhibit 60: Data Table on Market opportunity by Location ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 62: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 63: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 64: Overview on factors of disruption
10.4 Industry risks
Exhibit 65: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 66: Vendors covered
11.2 Market positioning of vendors
Exhibit 67: Matrix on vendor position and classification
11.3 AUXIN SOLAR Inc.
Exhibit 68: AUXIN SOLAR Inc. - Overview
Exhibit 69: AUXIN SOLAR Inc. - Product / Service
Exhibit 70: AUXIN SOLAR Inc. - Key offerings
11.4 BrightSource Energy Inc.
Exhibit 71: BrightSource Energy Inc. - Overview
Exhibit 72: BrightSource Energy Inc. - Product / Service
Exhibit 73: BrightSource Energy Inc. - Key offerings
11.5 Enphase Energy Inc.
Exhibit 74: Enphase Energy Inc. - Overview
Exhibit 75: Enphase Energy Inc. - Product / Service
Exhibit 76: Enphase Energy Inc. - Key offerings
11.6 Hanwha Corp.
Exhibit 77: Hanwha Corp. - Overview
Exhibit 78: Hanwha Corp. - Product / Service
Exhibit 79: Hanwha Corp. - Key news
Exhibit 80: Hanwha Corp. - Key offerings
11.7 LG Corp.
Exhibit 81: LG Corp. - Overview
Exhibit 82: LG Corp. - Business segments
Exhibit 83: LG Corp. - Key offerings
Exhibit 84: LG Corp. - Segment focus
11.8 Panasonic Holdings Corp.
Exhibit 85: Panasonic Holdings Corp. - Overview
Exhibit 86: Panasonic Holdings Corp. - Product / Service
Exhibit 87: Panasonic Holdings Corp. - Key news
Exhibit 88: Panasonic Holdings Corp. - Key offerings
11.9 Schneider Electric SE
Exhibit 89: Schneider Electric SE - Overview
Exhibit 90: Schneider Electric SE - Business segments
Exhibit 91: Schneider Electric SE - Key news
Exhibit 92: Schneider Electric SE - Key offerings
Exhibit 93: Schneider Electric SE - Segment focus
11.10 Silfab Solar Inc.
Exhibit 94: Silfab Solar Inc. - Overview
Exhibit 95: Silfab Solar Inc. - Product / Service
Exhibit 96: Silfab Solar Inc. - Key offerings
11.11 Sunnova Energy International Inc.
Exhibit 97: Sunnova Energy International Inc. - Overview
Exhibit 98: Sunnova Energy International Inc. - Business segments
Exhibit 99: Sunnova Energy International Inc. - Key news
Exhibit 100: Sunnova Energy International Inc. - Key offerings
Exhibit 101: Sunnova Energy International Inc. - Segment focus
11.12 Sunrun Inc.
Exhibit 102: Sunrun Inc. - Overview
Exhibit 103: Sunrun Inc. - Product / Service
Exhibit 104: Sunrun Inc. - Key offerings
11.13 Tesla Inc.
Exhibit 105: Tesla Inc. - Overview
Exhibit 106: Tesla Inc. - Business segments
Exhibit 107: Tesla Inc. - Key news
Exhibit 108: Tesla Inc. - Key offerings
Exhibit 109: Tesla Inc. - Segment focus
11.14 TotalEnergies SE
Exhibit 110: TotalEnergies SE - Overview
Exhibit 111: TotalEnergies SE - Business segments
Exhibit 112: TotalEnergies SE - Key news
Exhibit 113: TotalEnergies SE - Key offerings
Exhibit 114: TotalEnergies SE - Segment focus
11.15 Trina Solar Co. Ltd.
Exhibit 115: Trina Solar Co. Ltd. - Overview
Exhibit 116: Trina Solar Co. Ltd. - Business segments
Exhibit 117: Trina Solar Co. Ltd. - Key offerings
Exhibit 118: Trina Solar Co. Ltd. - Segment focus
11.16 Trinity Heating and Air Inc
Exhibit 119: Trinity Heating and Air Inc - Overview
Exhibit 120: Trinity Heating and Air Inc - Product / Service
Exhibit 121: Trinity Heating and Air Inc - Key offerings
11.17 Yaskawa Electric Corp.
Exhibit 122: Yaskawa Electric Corp. - Overview
Exhibit 123: Yaskawa Electric Corp. - Business segments
Exhibit 124: Yaskawa Electric Corp. - Key offerings
Exhibit 125: Yaskawa Electric Corp. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 126: Inclusions checklist
Exhibit 127: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 128: Currency conversion rates for US$
12.4 Research methodology
Exhibit 129: Research methodology
Exhibit 130: Validation techniques employed for market sizing
Exhibit 131: Information sources
12.5 List of abbreviations
Exhibit 132: List of abbreviations