Marine Solar Panels Market Size, Share 2024

The United States Marine Solar Panels market size was valued at US$ 156.8 million in 2024 and is projected to reach US$ 287.4 million by 2030, at a CAGR of 10.6% during the forecast period 2024-2030.

Marine Solar Panels are photovoltaic modules specifically designed for use on boats, yachts, and other marine vessels, providing supplementary or primary power for onboard electrical systems.

The US Marine Solar Panels market is growing steadily, driven by increasing adoption of renewable energy in the marine sector, rising fuel costs, and advancements in marine-grade solar technologies. In 2023, total installations reached 120,000 units, with recreational boating accounting for 70% of market value. The market saw a 20% increase in average panel wattage in 2023, as boat owners opt for higher capacity systems to power more onboard equipment. Adoption in commercial fishing and small passenger vessels is growing at 25% annually. The market is witnessing a trend towards flexible and semi-flexible panels that can conform to curved boat surfaces, with a 30% year-over-year increase in sales of these adaptable solutions. Integration with marine lithium batteries and smart charge controllers grew by 35% in 2023. Leading manufacturers are focusing on developing ultra-durable, salt-resistant solar panels, with a 40% increase in product launches featuring advanced encapsulation and anti-corrosion technologies. The industry is also seeing increased interest in solar-electric propulsion systems for small boats, with a 45% rise in projects exploring fully solar-powered vessels for coastal and inland waterways.

This report contains market size and forecasts of Marine Solar Panels in United States, including the following market information:

•    United States Marine Solar Panels Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Marine Solar Panels Market Sales, 2019-2024, 2024-2030,

•    United States Top five Marine Solar Panels companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Marine Solar Panels , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Marine Solar Panels sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Marine Solar Panels market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Type 1