Quick Summary:
Stepping into the threshold of the renewable energy revolution, the residential solar PV systems market is emerging as an exciting yet lucrative space; with its worth set to surge significantly. The growth is fueled by favorable government policies for solar power, increasing investments in renewable energy, and a steady rise in solar PV installations.
Our comprehensive residential solar PV systems market analysis report charts an all-encompassing outlook, backed by meticulous research of trends, growth drivers, challenges, and an in-depth vendor analysis that covers around 25 leading vendors. This report segments the market based on type (On grid, Off grid), technology (Crystalline silicon, Thin film), and geographical landscape (APAC, Europe, North America, Middle East, Africa, South America).
Our study cites the increasing adoption of microgrids and the development of zero-energy buildings as key drivers of the market's exponential growth. Furthermore, this report is fortified with a detailed analysis of the market sizing, forecast, and the players' landscape. It adds value by highlighting upcoming trends and challenges to help companies strategize and capitalize on imminent growth opportunities.
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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 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 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 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.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the global residential solar 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 reduced residential solar PV system costs.'
According to the report, one of the major drivers for this market is the increasing 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
A selection of companies mentioned in this report includes:
- 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.