Global Residential Solar PV Systems Market 2023-2027

Description

List of Tables

The residential solar PV systems market is forecasted to grow by USD 14.17 bn during 2022-2027, accelerating at a CAGR of 5.22% during the forecast period. The report on the residential solar 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.

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.

Technavio's residential solar 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

This study identifies the increasing adoption of microgrids as one of the prime reasons driving the residential solar PV systems market growth during the next few years. Also, reduced residential solar PV system costs and development of zero-energy buildings will lead to sizable demand in the market.

The report on the residential solar PV systems market covers the following areas:

Residential solar PV systems market sizing
Residential solar PV systems market forecast
Residential solar PV systems market analysis

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 PV systems market vendors that include 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.. Also, the residential solar PV systems market 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: IRTNTR46617

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 Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global residential solar PV systems market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global residential solar pv systems market 2017 - 2021 ($ billion)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.3 Technology Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technology Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 On grid - Market size and forecast 2022-2027
Exhibit 34: Chart on On grid - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on On grid - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on On grid - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on On grid - Year-over-year growth 2022-2027 (%)
6.4 Off grid - Market size and forecast 2022-2027
Exhibit 38: Chart on Off grid - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Off grid - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Off grid - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Off grid - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ billion)
Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Technology

7.1 Market segments
Exhibit 44: Chart on Technology - Market share 2022-2027 (%)
Exhibit 45: Data Table on Technology - Market share 2022-2027 (%)
7.2 Comparison by Technology
Exhibit 46: Chart on Comparison by Technology
Exhibit 47: Data Table on Comparison by Technology
7.3 Crystalline silicon - Market size and forecast 2022-2027
Exhibit 48: Chart on Crystalline silicon - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Data Table on Crystalline silicon - Market size and forecast 2022-2027 ($ billion)
Exhibit 50: Chart on Crystalline silicon - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Crystalline silicon - Year-over-year growth 2022-2027 (%)
7.4 Thin film - Market size and forecast 2022-2027
Exhibit 52: Chart on Thin film - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Thin film - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Thin film - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Thin film - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Technology
Exhibit 56: Market opportunity by Technology ($ billion)
Exhibit 57: Data Table on Market opportunity by Technology ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 India - Market size and forecast 2022-2027
Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 111: ABB Ltd. - Overview
Exhibit 112: ABB Ltd. - Business segments
Exhibit 113: ABB Ltd. - Key offerings
Exhibit 114: ABB Ltd. - Segment focus
12.4 Canadian Solar Inc.
Exhibit 115: Canadian Solar Inc. - Overview
Exhibit 116: Canadian Solar Inc. - Business segments
Exhibit 117: Canadian Solar Inc. - Key news
Exhibit 118: Canadian Solar Inc. - Key offerings
Exhibit 119: Canadian Solar Inc. - Segment focus
12.5 Enphase Energy Inc.
Exhibit 120: Enphase Energy Inc. - Overview
Exhibit 121: Enphase Energy Inc. - Product / Service
Exhibit 122: Enphase Energy Inc. - Key offerings
12.6 Hanwha Corp.
Exhibit 123: Hanwha Corp. - Overview
Exhibit 124: Hanwha Corp. - Product / Service
Exhibit 125: Hanwha Corp. - Key news
Exhibit 126: Hanwha Corp. - Key offerings
12.7 JinkoSolar Holding Co. Ltd.
Exhibit 127: JinkoSolar Holding Co. Ltd. - Overview
Exhibit 128: JinkoSolar Holding Co. Ltd. - Product / Service
Exhibit 129: JinkoSolar Holding Co. Ltd. - Key offerings
12.8 Kyocera Corp.
Exhibit 130: Kyocera Corp. - Overview
Exhibit 131: Kyocera Corp. - Business segments
Exhibit 132: Kyocera Corp. - Key offerings
Exhibit 133: Kyocera Corp. - Segment focus
12.9 LG Corp.
Exhibit 134: LG Corp. - Overview
Exhibit 135: LG Corp. - Business segments
Exhibit 136: LG Corp. - Key offerings
Exhibit 137: LG Corp. - Segment focus
12.10 Panasonic Holdings Corp.
Exhibit 138: Panasonic Holdings Corp. - Overview
Exhibit 139: Panasonic Holdings Corp. - Product / Service
Exhibit 140: Panasonic Holdings Corp. - Key news
Exhibit 141: Panasonic Holdings Corp. - Key offerings
12.11 Schneider Electric SE
Exhibit 142: Schneider Electric SE - Overview
Exhibit 143: Schneider Electric SE - Business segments
Exhibit 144: Schneider Electric SE - Key news
Exhibit 145: Schneider Electric SE - Key offerings
Exhibit 146: Schneider Electric SE - Segment focus
12.12 Sharp Corp.
Exhibit 147: Sharp Corp. - Overview
Exhibit 148: Sharp Corp. - Business segments
Exhibit 149: Sharp Corp. - Key news
Exhibit 150: Sharp Corp. - Key offerings
Exhibit 151: Sharp Corp. - Segment focus
12.13 Sunrun Inc.
Exhibit 152: Sunrun Inc. - Overview
Exhibit 153: Sunrun Inc. - Product / Service
Exhibit 154: Sunrun Inc. - Key offerings
12.14 Tesla Inc.
Exhibit 155: Tesla Inc. - Overview
Exhibit 156: Tesla Inc. - Business segments
Exhibit 157: Tesla Inc. - Key news
Exhibit 158: Tesla Inc. - Key offerings
Exhibit 159: Tesla Inc. - Segment focus
12.15 TotalEnergies SE
Exhibit 160: TotalEnergies SE - Overview
Exhibit 161: TotalEnergies SE - Business segments
Exhibit 162: TotalEnergies SE - Key news
Exhibit 163: TotalEnergies SE - Key offerings
Exhibit 164: TotalEnergies SE - Segment focus
12.16 Trina Solar Co. Ltd.
Exhibit 165: Trina Solar Co. Ltd. - Overview
Exhibit 166: Trina Solar Co. Ltd. - Business segments
Exhibit 167: Trina Solar Co. Ltd. - Key offerings
Exhibit 168: Trina Solar Co. Ltd. - Segment focus
12.17 Vivint Inc.
Exhibit 169: Vivint Inc. - Overview
Exhibit 170: Vivint Inc. - Product / Service
Exhibit 171: Vivint Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 172: Inclusions checklist
Exhibit 173: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 174: Currency conversion rates for US$
13.4 Research methodology
Exhibit 175: Research methodology
Exhibit 176: Validation techniques employed for market sizing
Exhibit 177: Information sources
13.5 List of abbreviations
Exhibit 178: List of abbreviations