Freedom Solar Power

Mar 2, 2023

- Technavio News provided by Share this article Share this article NEW YORK, March 2, 2023 /PRNewswire/ -- The residential solar market size in the US is projected to grow by USD 6.67 billion between 2021 and 2026, accelerating at a CAGR of 10.39% during the forecast period. The market is fragmented due to the presence of many regional and international players. There is intense competition among vendors to increase their market shares. They are investing in capacity expansions and forming strategic alliances with other players to remain competitive in the market. To know more about the market size -  Download a Sample Report Residential Solar Market in the US 2022-2026: Vendor Analysis AUXIN SOLAR Inc., BrightSource Energy Inc, E Solar, Enphase Energy Inc., Freedom Solar LLC, Hanwha Corp., LG Corp., Panasonic Holdings Corp., Schneider Electric SE, Sharp Corp., Silfab Solar Inc., Solar Panels Plus LLC, Sungevity Inc., Sunnova Energy International Inc., Sunrun Inc., Tesla Inc., TotalEnergies SE, Trina Solar Co. Ltd., and Trinity Heating and Air Inc are among some of the major market participants. Residential Solar Market in the US 2022-2026: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The residential solar market in the US report covers the following areas: The residential solar market in the US is segmented as below: Technology Thin-film The market growth in the crystalline silicon segment will be significant during the forecast period. The segment is driven by the growing number of installations of utility-scale solar photovoltaic (PV) operating capacity across the US. Also, the rise in initiatives undertaken to enhance the R&D of c-Si PV systems is driving the growth of the segment. Why Buy? Residential Solar Market in the US 2022-2026: Key Highlights CAGR of the market during the forecast period 2022-2026 Detailed information on factors that will assist residential solar market growth in the US  during the next five years Estimation of the residential solar market size in the US  and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the residential solar market in the US Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of residential solar market vendors in the US Related Reports: The renewable energy market is estimated to grow at a CAGR of 8.91% between 2022 and 2027. The size of the market is forecast to increase by 1,776.08 GW. The supportive government policies are notably driving the renewable energy market growth, although factors such as competition from fossil fuels may impede the market growth. The off-grid solar power systems market is estimated to grow at a CAGR of 11.92% between 2022 and 2027. The size of the market is forecast to increase by USD 3,263.94 million. The high cost of grid expansion is notably driving the market growth, although factors such as the low awareness about alternative sustainable technology may impede the off-grid solar energy market growth. Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Residential Solar Market In The US Scope Report Coverage Exhibit 24: Data Table on Comparison by Technology 5.3 Crystalline silicon - Market size and forecast 2021-2026 Exhibit 25: Chart on Crystalline silicon - Market size and forecast 2021-2026 ($ million) Exhibit 26: Data Table on Crystalline silicon - Market size and forecast 2021-2026 ($ million) Exhibit 27: Chart on Crystalline silicon - Year-over-year growth 2021-2026 (%) Exhibit 28: Data Table on Crystalline silicon - Year-over-year growth 2021-2026 (%) 5.4 Thin-film - Market size and forecast 2021-2026 Exhibit 29: Chart on Thin-film - Market size and forecast 2021-2026 ($ million) Exhibit 30: Data Table on Thin-film - Market size and forecast 2021-2026 ($ million) Exhibit 31: Chart on Thin-film - Year-over-year growth 2021-2026 (%) Exhibit 32: Data Table on Thin-film - Year-over-year growth 2021-2026 (%) 5.5 Market opportunity by Technology Exhibit 33: Market opportunity by Technology ($ million) 6 Customer Landscape About Us Technavio is a leading technology research and advisory company. 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