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| Market size in 2024 | US$ 12.8 billion |
Forecast Market size by 2030 | US$ 21.5 billion |
|---|---|---|---|
| Growth Rate | CAGR of 9.0% | Number of Pages | 205 Pages |
The United States Residential Solar Power Generation Systems market size was valued at US$ 12.8 billion in 2024 and is projected to reach US$ 21.5 billion by 2030, at a CAGR of 9.0% during the forecast period 2024-2030.
Residential Solar Power Generation Systems are photovoltaic installations designed for individual homes, including rooftop panels, inverters, and often battery storage, allowing homeowners to generate their own electricity.
The US Residential Solar Power Generation Systems market continues to grow steadily, driven by decreasing system costs, increasing electricity prices, and a desire for energy independence. In 2023, total residential installations reached 4.5 million homes, with California, Texas, and Florida leading in new additions. The market saw a 15% increase in average system size in 2023, as homeowners opt for larger installations to cover more of their energy needs. Adoption of solar-plus-storage systems is growing at 25% annually. The market is witnessing a trend towards more aesthetically pleasing designs, with a 30% year-over-year increase in sales of integrated solar roof tiles and low-profile panels. Smart energy management systems for solar homes grew by 35% in 2023. Key manufacturers are focusing on developing higher efficiency panels and simplified installation processes, with a 20% increase in product launches featuring plug-and-play solutions. The industry is also seeing increased interest in virtual power plant programs, with a 40% rise in residential solar systems participating in grid services and energy trading platforms.
This report contains market size and forecasts of Residential Solar Power Generation Systems in United States, including the following market information:
• United States Residential Solar Power Generation Systems Market Revenue, 2019-2024, 2024-2030, ($ millions)
• United States Residential Solar Power Generation Systems Market Sales, 2019-2024, 2024-2030,
• United States Top five Residential Solar Power Generation Systems companies in 2023 (%)
Report Includes
This report presents an overview of United States market for Residential Solar Power Generation Systems , 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 Residential Solar Power Generation Systems sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Residential Solar Power Generation Systems 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.
• Centralized PV Power Plant
• Decentralized PV Power Plant
• Countryside
• City
Key Companies covered in this report:
• Sunrun Inc.
• Vivint Solar
• Tesla Energy (SolarCity)
• SunPower Corporation
• LG Solar USA
• Panasonic Eco Solutions Solar America
• Enphase Energy
• Trinity Solar
• PetersenDean Roofing & Solar
• Sunnova
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Residential Solar Power Generation Systems revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
• Key companies Residential Solar Power Generation Systems revenues share in United Statesn market, 2023 (%)
• Key companies Residential Solar Power Generation Systems sales in United Statesn market, 2019-2024 (Estimated),
• Key companies Residential Solar Power Generation Systems sales share in United Statesn market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Residential Solar Power Generation Systems Market
• Overview of the regional outlook of the Residential Solar Power Generation Systems Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Residential Solar Power Generation Systems Market
• United States Residential Solar Power Generation Systems Market
• Japan Residential Solar Power Generation Systems Market
• Germany Residential Solar Power Generation Systems Market
• South Korea Residential Solar Power Generation Systems Market
• Indonesia Residential Solar Power Generation Systems Market
• Brazil Residential Solar Power Generation Systems Market
Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.
| Report Attributes | Report Details |
|---|---|
| Report Title | United States Residential Solar Power Generation Systems Market Research Report 2024-2030 |
| Market size in 2024 | US$ 12.8 billion |
| Forecast Market size by 2030 | US$ 21.5 billion |
| Growth Rate | CAGR of 9.0% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 205 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
1.1 Residential Solar Power Generation Systems Product Introduction
1.2.1 United Statesn Residential Solar Power Generation Systems Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Centralized PV Power Plant
1.2.3 Decentralized PV Power Plant
1.3.1 United States Residential Solar Power Generation Systems Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Countryside
1.3.3 City
1.4 United States Residential Solar Power Generation Systems Sales Estimates and Forecasts 2019-2030
1.5 United States Residential Solar Power Generation Systems Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 United States Residential Solar Power Generation Systems Sales by Manufacturers
2.1.1 United States Residential Solar Power Generation Systems Sales by Manufacturers (2019-2024)
2.1.2 United States Residential Solar Power Generation Systems Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Residential Solar Power Generation Systems in 2023 in United States
2.2 United States Residential Solar Power Generation Systems Revenue by Manufacturers
2.2.1 United States Residential Solar Power Generation Systems Revenue by Manufacturers (2019-2024)
2.2.2 United States Residential Solar Power Generation Systems Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Residential Solar Power Generation Systems Revenue in 2023
2.3 United States Residential Solar Power Generation Systems Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 United States Residential Solar Power Generation Systems by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Residential Solar Power Generation Systems Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Residential Solar Power Generation Systems Market Size by Region: 2019-2030
3.1.1 United States Residential Solar Power Generation Systems Sales by Region: 2019-2024
3.1.2 United States Residential Solar Power Generation Systems Sales Forecast by Region (2025-2030)
3.1.3 United States Residential Solar Power Generation Systems Revenue by Region: 2019-2024
3.1.4 United States Residential Solar Power Generation Systems Revenue Forecast by Region (2025-2030)
4.1 United States Residential Solar Power Generation Systems Sales by Type
4.1.1 United States Residential Solar Power Generation Systems Historical Sales by Type (2019-2024)
4.1.2 United States Residential Solar Power Generation Systems Forecasted Sales by Type (2025-2030)
4.1.3 United States Residential Solar Power Generation Systems Sales Market Share by Type (2019-2030)
4.2 United States Residential Solar Power Generation Systems Revenue by Type
4.2.1 United States Residential Solar Power Generation Systems Historical Revenue by Type (2019-2024)
4.2.2 United States Residential Solar Power Generation Systems Forecasted Revenue by Type (2025-2030)
4.2.3 United States Residential Solar Power Generation Systems Revenue Market Share by Type (2019-2030)
4.3 United States Residential Solar Power Generation Systems Price by Type
4.3.1 United States Residential Solar Power Generation Systems Price by Type (2019-2024)
4.3.2 United States Residential Solar Power Generation Systems Price Forecast by Type (2025-2030)
5.1 United States Residential Solar Power Generation Systems Sales by Application
5.1.1 United States Residential Solar Power Generation Systems Historical Sales by Application (2019-2024)
5.1.2 United States Residential Solar Power Generation Systems Forecasted Sales by Application (2025-2030)
5.1.3 United States Residential Solar Power Generation Systems Sales Market Share by Application (2019-2030)
5.2 United States Residential Solar Power Generation Systems Revenue by Application
5.2.1 United States Residential Solar Power Generation Systems Historical Revenue by Application (2019-2024)
5.2.2 United States Residential Solar Power Generation Systems Forecasted Revenue by Application (2025-2030)
5.2.3 United States Residential Solar Power Generation Systems Revenue Market Share by Application (2019-2030)
5.3 United States Residential Solar Power Generation Systems Price by Application
5.3.1 United States Residential Solar Power Generation Systems Price by Application (2019-2024)
5.3.2 United States Residential Solar Power Generation Systems Price Forecast by Application (2025-2030)
6.1 Sunrun Inc.
6.1.1 Sunrun Inc. Corporation Information
6.1.2 Sunrun Inc. Overview
6.1.3 Sunrun Inc. in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Sunrun Inc. Residential Solar Power Generation Systems Product Introduction
6.1.5 Sunrun Inc. Recent Developments
6.2 Vivint Solar
6.2.1 Vivint Solar Corporation Information
6.2.2 Vivint Solar Overview
6.2.3 Vivint Solar in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Vivint Solar Residential Solar Power Generation Systems Product Introduction
6.2.5 Vivint Solar Recent Developments
6.3 Tesla Energy (SolarCity)
6.3.1 Tesla Energy (SolarCity) Corporation Information
6.3.2 Tesla Energy (SolarCity) Overview
6.3.3 Tesla Energy (SolarCity) in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Tesla Energy (SolarCity) Residential Solar Power Generation Systems Product Introduction
6.3.5 Tesla Energy (SolarCity) Recent Developments
6.4 SunPower Corporation
6.4.1 SunPower Corporation Corporation Information
6.4.2 SunPower Corporation Overview
6.4.3 SunPower Corporation in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 SunPower Corporation Residential Solar Power Generation Systems Product Introduction
6.4.5 SunPower Corporation Recent Developments
6.5 LG Solar USA
6.5.1 LG Solar USA Corporation Information
6.5.2 LG Solar USA Overview
6.5.3 LG Solar USA in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 LG Solar USA Residential Solar Power Generation Systems Product Introduction
6.5.5 LG Solar USA Recent Developments
6.6 Panasonic Eco Solutions Solar America
6.6.1 Panasonic Eco Solutions Solar America Corporation Information
6.6.2 Panasonic Eco Solutions Solar America Overview
6.6.3 Panasonic Eco Solutions Solar America in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Panasonic Eco Solutions Solar America Residential Solar Power Generation Systems Product Introduction
6.6.5 Panasonic Eco Solutions Solar America Recent Developments
6.7 Enphase Energy
6.7.1 Enphase Energy Corporation Information
6.7.2 Enphase Energy Overview
6.7.3 Enphase Energy in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Enphase Energy Residential Solar Power Generation Systems Product Introduction
6.7.5 Enphase Energy Recent Developments
6.8 Trinity Solar
6.8.1 Trinity Solar Corporation Information
6.8.2 Trinity Solar Overview
6.8.3 Trinity Solar in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Trinity Solar Residential Solar Power Generation Systems Product Introduction
6.8.5 Trinity Solar Recent Developments
6.9 PetersenDean Roofing & Solar
6.9.1 PetersenDean Roofing & Solar Corporation Information
6.9.2 PetersenDean Roofing & Solar Overview
6.9.3 PetersenDean Roofing & Solar in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4PetersenDean Roofing & Solar Residential Solar Power Generation Systems Product Introduction
6.9.5 PetersenDean Roofing & Solar Recent Developments
6.10 Sunnova
6.10.1 Sunnova Corporation Information
6.10.2 Sunnova Overview
6.10.3 Sunnova in United States: Residential Solar Power Generation Systems Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 Sunnova Residential Solar Power Generation Systems Product Introduction
6.10.5 Sunnova Recent Developments
7.1 Residential Solar Power Generation Systems Industry Chain Analysis
7.2 Residential Solar Power Generation Systems Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Residential Solar Power Generation Systems Production Mode & Process
7.4 Residential Solar Power Generation Systems Sales and Marketing
7.4.1 Residential Solar Power Generation Systems Sales Channels
7.4.2 Residential Solar Power Generation Systems Distributors
7.5 Residential Solar Power Generation Systems Customers
8.1.1 Residential Solar Power Generation Systems Industry Trends
8.1.2 Residential Solar Power Generation Systems Market Drivers
8.1.3 Residential Solar Power Generation Systems Market Challenges
8.1.4 Residential Solar Power Generation Systems Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Frequently Asked Questions ?
