Residential Solar photovoltaic (PV) Systems Market by Type, Technology, And Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 162 SKU: IRTNTR46617

Residential Solar PV Systems Market Analysis Report 2023-2027

The Residential Solar Photovoltaic (PV) Systems Market size is estimated to grow at a CAGR of 5.22% between 2023 and 2027. The market size is forecast to increase by USD 14.17 billion. The growth of the market depends on several factors including favourable government policies for solar power, increasing investments in renewable energy, and rising solar PV installations. 

Residential Solar PV Systems Market Overview :

  • The market segmentation by Type (On-grid and Off-grid)
  • The Technology segment is categorised as  (crystalline silicon and thin film)
  • On-grid segment s fastest growing segment during the forecast year
  • The  On-grid segment  was the largest segment and was valued at  USD 39.90 billion in 2017
  • The Regional Analysis consists of APAC, Europe, North America, Middle East and Africa, and South America
  • APAC is is most dominating region during the forecast period
  •  It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behaviour), and challenges (barriers or obstacles faced by the industry) 

Residential Solar PV Systems Market Growth and Trends

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Residential Solar PV Systems Market Trends 

Reduced residential solar PV system costs are the primary trend in the Residential Solar PV Systems Market size. In the past, high costs and volatility have hampered the adoption of solar energy. The intermittent nature of solar PV energy can be overcome through the use of energy storage systems. This not only fills the gap but increases the acceptance of renewable energy in hybrid systems. By integrating an energy storage system, the electricity generated by solar PVs can be stored and used when needed.

Moreover, in 2020, the cost of residential solar systems has more than doubled compared to 2010. The falling cost of residential solar power systems has led to their widespread adoption and increased installations over the years. Decreasing the cost of residential solar PV systems will increase the demand for residential solar PV systems during the forecast period. 

Largest-Growing Segments 

By Type Analysis

The on-grid segment is estimated to witness significant growth during the forecast period. In the residential solar photovoltaic systems market, the grid-connected residential solar PV system powers the building during the day and remains connected to the local grid for power supply at night. A solar inverter converts the direct current (DC) supplied by a module to alternating current (AC) while synchronizing the AC output with the AC in the grid.

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The main advantage of grid-connected residential solar PV systems is the relatively low operating and maintenance costs, resulting in lower electricity bills. Grid-tied residential solar power systems account for the majority of the world's installed solar power capacity. Due to the advantages of grid-tied residential solar power systems, the demand for Residential Solar PV Systems Market share is expected to grow during the forecast period. 

Residential Solar PV Systems Market Regional Analysis

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APAC is estimated to contribute 67% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. China, Japan, India, Australia, and South Korea are the major leading countries in the APAC region. The major growth in APAC is owing to the financial incentives programs such as feed-in-tariffs (FiTs) in China, Japan, Thailand, and Vietnam.

Moreover, in recent years, the residential solar PV systems market has grown rapidly in APAC. According to the IEA, China has overtaken the US in annual solar installed capacity and remains the world leader in solar power. Furthermore, India is also rapidly increasing solar power production to meet growing energy demand and reduce pollution. As part of the Jawaharlal Nehru National Solar Mission, India aims to reach 20 GW of on-grid solar capacity and 2 GW of off-grid solar capacity by 2022. Such factors are expected to drive the growth of the regional residential solar PV systems market during the forecast period.

In 2020, due to the COVID-19 pandemic, most operations of solar plants were halted, or construction activities in plants were suspended in APAC. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown restrictions, which led to the resumption of supply chain activities. For instance, the Government of India had planned to add 175 gigawatts (GW) to its existing renewable energy capacity by 2022. However, the delays in the signing of power sale agreements (PSAs) led to delays in capacity additions (by 2023). Such factors are expected to boost the growth of the regional residential solar PV systems market during the forecast period

Residential Solar PV Systems Market Dynamic

Key Residential Solar PV Systems Market Driver

Increasing investments in renewable energy is the key factor for the growth of the market. The global energy mix has changed significantly over the past two decades. Energy efficiency development plays an important role in balancing energy supply and demand. According to the International Energy Agency (IEA), renewable energy will account for 30% of global electricity production by 2022. Renewable energy technologies are evolving and the residential solar photovoltaic (PV) systems market competition for new fossil fuel power plants is intensifying.

Moreover, solar PV technology is one of the most widely used renewable energy sources in the world. Growing focus on renewable energy sources has led to increased investment in solar power projects, which is expected to drive the growth of the global residential solar power system market during the forecast period. 

Key Residential Solar PV Systems Market Challenge

The increasing number of alternative energy sources is the challenge that affects the growth of the market. Many countries prefer the use of fossil fuels instead of renewable energy. This is due to the abundance of fossil fuels available to meet their needs and generate electricity. The cost of setting up renewable energy farms for power generation is very high. Also, power generation from renewable sources is not at the same level as power generation from fossil fuels. Therefore, there is a higher preference for non-renewable energy sources in the market instead of the residential solar photovoltaic systems market.

Furthermore, the low cost of natural gas is driving increased power generation from natural gas, which poses challenges for the residential solar photovoltaic systems market. The US shale gas exploration is on the rise, reaching a record high. Therefore, the growth of alternative energy sources will affect the demand for solar energy, which will impede the growth of the market during the forecast period.

Residential Solar PV Systems Market Customer Landscape

The Residential Solar PV Systems Market analysis includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Residential Solar PV Systems Market Customer Landscape

Major Residential Solar PV Systems Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd.: The company offers residential solar PV systems such as UNO-R and the Q CELLS Q.PEAK Duo.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • 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.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The residential solar pv systems market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type  Outlook (USD Billion, 2017 - 2027)
    • On grid
    • Off grid
  • Technology Outlook (USD Billion, 2017 - 2027)
    • Crystalline silicon
    • Thin film
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africav

Residential Solar PV Systems Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.22%

Market growth 2023-2027

USD 14.17 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.13

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 67%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Residential Solar PV Systems Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global residential solar PV systems market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global residential solar pv systems market 2017 - 2021 ($ billion)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 On grid - Market size and forecast 2022-2027
      • Exhibit 34: Chart on On grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on On grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on On grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on On grid - Year-over-year growth 2022-2027 (%)
    • 6.4 Off grid - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Off grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Off grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Off grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Off grid - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 44: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 46: Chart on Comparison by Technology
      • Exhibit 47: Data Table on Comparison by Technology
    • 7.3 Crystalline silicon - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Crystalline silicon - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Crystalline silicon - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Crystalline silicon - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Crystalline silicon - Year-over-year growth 2022-2027 (%)
    • 7.4 Thin film - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Thin film - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Thin film - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Thin film - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Thin film - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Technology
      • Exhibit 56: Market opportunity by Technology ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Technology ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 111: ABB Ltd. - Overview
              • Exhibit 112: ABB Ltd. - Business segments
              • Exhibit 113: ABB Ltd. - Key offerings
              • Exhibit 114: ABB Ltd. - Segment focus
            • 12.4 Canadian Solar Inc.
              • Exhibit 115: Canadian Solar Inc. - Overview
              • Exhibit 116: Canadian Solar Inc. - Business segments
              • Exhibit 117: Canadian Solar Inc. - Key news
              • Exhibit 118: Canadian Solar Inc. - Key offerings
              • Exhibit 119: Canadian Solar Inc. - Segment focus
            • 12.5 Enphase Energy Inc.
              • Exhibit 120: Enphase Energy Inc. - Overview
              • Exhibit 121: Enphase Energy Inc. - Product / Service
              • Exhibit 122: Enphase Energy Inc. - Key offerings
            • 12.6 Hanwha Corp.
              • Exhibit 123: Hanwha Corp. - Overview
              • Exhibit 124: Hanwha Corp. - Product / Service
              • Exhibit 125: Hanwha Corp. - Key news
              • Exhibit 126: Hanwha Corp. - Key offerings
            • 12.7 JinkoSolar Holding Co. Ltd.
              • Exhibit 127: JinkoSolar Holding Co. Ltd. - Overview
              • Exhibit 128: JinkoSolar Holding Co. Ltd. - Product / Service
              • Exhibit 129: JinkoSolar Holding Co. Ltd. - Key offerings
            • 12.8 Kyocera Corp.
              • Exhibit 130: Kyocera Corp. - Overview
              • Exhibit 131: Kyocera Corp. - Business segments
              • Exhibit 132: Kyocera Corp. - Key offerings
              • Exhibit 133: Kyocera Corp. - Segment focus
            • 12.9 LG Corp.
              • Exhibit 134: LG Corp. - Overview
              • Exhibit 135: LG Corp. - Business segments
              • Exhibit 136: LG Corp. - Key offerings
              • Exhibit 137: LG Corp. - Segment focus
            • 12.10 Panasonic Holdings Corp.
              • Exhibit 138: Panasonic Holdings Corp. - Overview
              • Exhibit 139: Panasonic Holdings Corp. - Product / Service
              • Exhibit 140: Panasonic Holdings Corp. - Key news
              • Exhibit 141: Panasonic Holdings Corp. - Key offerings
            • 12.11 Schneider Electric SE
              • Exhibit 142: Schneider Electric SE - Overview
              • Exhibit 143: Schneider Electric SE - Business segments
              • Exhibit 144: Schneider Electric SE - Key news
              • Exhibit 145: Schneider Electric SE - Key offerings
              • Exhibit 146: Schneider Electric SE - Segment focus
            • 12.12 Sharp Corp.
              • Exhibit 147: Sharp Corp. - Overview
              • Exhibit 148: Sharp Corp. - Business segments
              • Exhibit 149: Sharp Corp. - Key news
              • Exhibit 150: Sharp Corp. - Key offerings
              • Exhibit 151: Sharp Corp. - Segment focus
            • 12.13 Sunrun Inc.
              • Exhibit 152: Sunrun Inc. - Overview
              • Exhibit 153: Sunrun Inc. - Product / Service
              • Exhibit 154: Sunrun Inc. - Key offerings
            • 12.14 Tesla Inc.
              • Exhibit 155: Tesla Inc. - Overview
              • Exhibit 156: Tesla Inc. - Business segments
              • Exhibit 157: Tesla Inc. - Key news
              • Exhibit 158: Tesla Inc. - Key offerings
              • Exhibit 159: Tesla Inc. - Segment focus
            • 12.15 TotalEnergies SE
              • Exhibit 160: TotalEnergies SE - Overview
              • Exhibit 161: TotalEnergies SE - Business segments
              • Exhibit 162: TotalEnergies SE - Key news
              • Exhibit 163: TotalEnergies SE - Key offerings
              • Exhibit 164: TotalEnergies SE - Segment focus
            • 12.16 Trina Solar Co. Ltd.
              • Exhibit 165: Trina Solar Co. Ltd. - Overview
              • Exhibit 166: Trina Solar Co. Ltd. - Business segments
              • Exhibit 167: Trina Solar Co. Ltd. - Key offerings
              • Exhibit 168: Trina Solar Co. Ltd. - Segment focus
            • 12.17 Vivint Inc.
              • Exhibit 169: Vivint Inc. - Overview
              • Exhibit 170: Vivint Inc. - Product / Service
              • Exhibit 171: Vivint Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              residential solar pv systems market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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