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Solar Power Market in US 2022-2026

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    Report

  • 120 Pages
  • February 2022
  • Region: United States
  • TechNavio
  • ID: 5546058
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The publisher has been monitoring the solar power market in US and it is poised to grow by 13.55 GW during 2022-2026, progressing at a CAGR of 9.69% during the forecast period. The report on the solar power 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, latest trends and drivers, and the overall market environment. The market is driven by favorable government regulations and the declining cost of solar PV panels.

The solar power market in US analysis includes technology and application segments.

The solar power market in US is segmented as below:


By Technology

  • Photovoltaic systems
  • Concentrated solar power systems

By Application

  • Utility
  • Residential
  • Commercial

This study identifies the increasing investments in renewable energy as one of the prime reasons driving the solar power market growth in US during the next few years.

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

  • Solar power market sizing
  • Solar power market forecast
  • Solar power market industry analysis

The publisher's 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 solar power market vendors in US that include 8minutenergy Renewables LLC, Abengoa SA, Acciona SA, BrightSource Energy Inc., Canadian Solar Inc., First Solar Inc., M. A. Mortenson Co., Nextera Energy Inc., SOLV Energy, and SunPower Corp. Also, the solar power 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.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Utility - Market size and forecast 2021-2026
  • Residential - Market size and forecast 2021-2026
  • Commercial - Market size and forecast 2021-2026
  • Market opportunity by Application

Market Segmentation by Technology
  • Market segments
  • Comparison by Technology
  • Photovoltaic systems - Market size and forecast 2021-2026
  • Concentrated solar power systems - Market size and forecast 2021-2026
  • Market opportunity by Technology

Customer Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • 8minutenergy Renewables LLC
  • Abengoa SA
  • Acciona SA
  • BrightSource Energy Inc.
  • Canadian Solar Inc.
  • First Solar Inc.
  • M. A. Mortenson Co.
  • Nextera Energy Inc.
  • SOLV Energy
  • SunPower Corp.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2021 - 2026 (GW)
  • Global market: Year-over-year growth 2021 - 2026 (%)
  • Five forces analysis 2021 & 2026
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2021
  • Application - Market share 2021-2026 (%)
  • Comparison by Application
  • Utility - Market size and forecast 2021-2026 (GW)
  • Utility - Year-over-year growth 2021-2026 (%)
  • Residential - Market size and forecast 2021-2026 (GW)
  • Residential - Year-over-year growth 2021-2026 (%)
  • Commercial - Market size and forecast 2021-2026 (GW)
  • Commercial - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Application
  • Technology - Market share 2021-2026 (%)
  • Comparison by Technology
  • Photovoltaic systems - Market size and forecast 2021-2026 (GW)
  • Photovoltaic systems - Year-over-year growth 2021-2026 (%)
  • Concentrated solar power systems - Market size and forecast 2021-2026 (GW)
  • Concentrated solar power systems - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Technology
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • 8minutenergy Renewables LLC - Overview
  • 8minutenergy Renewables LLC - Product and service
  • 8minutenergy Renewables LLC - Key offerings
  • 8minutenergy Renewables LLC - Key customers
  • 8minutenergy Renewables LLC - Segment focus
  • Abengoa SA - Overview
  • Abengoa SA - Product and service
  • Abengoa SA - Key offerings
  • Abengoa SA - Key customers
  • Abengoa SA - Segment focus
  • Acciona SA - Overview
  • Acciona SA - Business segments
  • Acciona SA - Key offerings
  • Acciona SA - Key customers
  • Acciona SA - Segment focus
  • BrightSource Energy Inc. - Overview
  • BrightSource Energy Inc. - Product and service
  • BrightSource Energy Inc. - Key offerings
  • BrightSource Energy Inc. - Key customers
  • BrightSource Energy Inc. - Segment focus
  • Canadian Solar Inc. - Overview
  • Canadian Solar Inc. - Business segments
  • Canadian Solar Inc. - Key offerings
  • Canadian Solar Inc. - Key customers
  • Canadian Solar Inc. - Segment focus
  • First Solar Inc. - Overview
  • First Solar Inc. - Business segments
  • First Solar Inc. - Key offerings
  • First Solar Inc. - Key customers
  • First Solar Inc. - Segment focus
  • M. A. Mortenson Co. - Overview
  • M. A. Mortenson Co. - Product and service
  • M. A. Mortenson Co. - Key offerings
  • M. A. Mortenson Co. - Key customers
  • M. A. Mortenson Co. - Segment focus
  • Nextera Energy Inc. - Overview
  • Nextera Energy Inc. - Business segments
  • Nextera Energy Inc. - Key offerings
  • Nextera Energy Inc. - Key customers
  • Nextera Energy Inc. - Segment focus
  • SOLV Energy - Overview
  • SOLV Energy - Product and service
  • SOLV Energy - Key offerings
  • SOLV Energy - Key customers
  • SOLV Energy - Segment focus
  • SunPower Corp. - Overview
  • SunPower Corp. - Business segments
  • SunPower Corp. - Key offerings
  • SunPower Corp. - Key customers
  • SunPower Corp. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the solar power market in US: 8minutenergy Renewables LLC, Abengoa SA, Acciona SA, BrightSource Energy Inc., Canadian Solar Inc., First Solar Inc., M. A. Mortenson Co., Nextera Energy Inc., SOLV Energy, and SunPower Corp.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing investments in renewable energy.`

According to the report, one of the major drivers for this market is favorable government regulations.

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:

  • 8minutenergy Renewables LLC
  • Abengoa SA
  • Acciona SA
  • BrightSource Energy Inc.
  • Canadian Solar Inc.
  • First Solar Inc.
  • M. A. Mortenson Co.
  • Nextera Energy Inc.
  • SOLV Energy
  • SunPower Corp.