Global Residential Solar PV Growth Opportunities

Residential Solar Pv Market – Growth Opportunities, Analysis, Forecast, North America, 2022

The Metaverse Is Reshaping Marketing Strategies And Offering Brands Revolutionary Ways To Engage With Their Audiences,Solar Panel Industry Growth,Global Residential Solar Pv Market,Solar Market Growth

RELEASE DATE
08-Dec-2022
REGION
Global
Research Code: MGM7-01-00-00-00
SKU: EG02290-GL-MR_27195
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Description

The residential solar PV segment is witnessing a period of fast growth, driven by a combination of an increasingly favorable regulatory climate, higher electricity prices, and concerns over climate change. The restraints that have held the market back, primarily delays in approvals, have grown weaker, as governments gradually tackle these issues. The uptake of battery storage systems will be pivotal to PV market growth in the future, as households with battery storage solutions can significantly increase their self-consumption of electricity and further mitigate higher
energy costs.

This research service highlights the main drivers and restraints and their relative strengths. Profiles of key countries (a relatively small number
of country markets still account for a significant percentage of the total market) offer a clear picture of the status, the growth accelerators and challenges, and the market potential. In addition, countries are ranked in terms of market attractiveness, based on criteria, such as policy support, incentives, and accessibility. Growth opportunities for active market participants and new entrants are also identified.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Residential Photovoltaic (PV) Sector

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Findings

Scope of Analysis

Global Residential Solar PV Market Capacity Additions, 2023–2030

Growth Drivers

Growth Restraints

Revenue and Unit Shipment Forecast

Hotspots—The United States

The United States

Revenue and Unit Shipment Forecast

Hotspots—Australia

Australia

Revenue and Unit Shipment Forecast

Hotspots—India

India

Revenue and Unit Shipment Forecast

Hotspots—Germany

Germany

Revenue and Unit Shipment Forecast

Hotspots—Italy

Italy

Revenue and Unit Shipment Forecast

Hotspots—UK

UK

Revenue and Unit Shipment Forecast

Hotspots—Poland

Poland

Revenue and Unit Shipment Forecast

Hotspots—The Netherlands

The Netherlands

Revenue and Unit Shipment Forecast

Hotspots—Belgium

Belgium

Revenue and Unit Shipment Forecast

Hotspots—Japan

Japan

Revenue and Unit Shipment Forecast

Hotspots—Brazil

Brazil

Revenue and Unit Shipment Forecast

Hotspots—Turkey

Turkey

Revenue and Unit Shipment Forecast

Hotspots—Spain

Spain

Revenue and Unit Shipment Forecast

Growth Opportunity 1: Solar-as-a-service

Growth Opportunity 1: Solar-as-a-service (continued)

Growth Opportunity 2: Strategic Partnerships

Growth Opportunity 2: Strategic Partnerships (continued)

Growth Opportunity 3: Off-grid Deployments

Growth Opportunity 3: Off-grid Deployments (continued)

List of Exhibits

Legal Disclaimer

The residential solar PV segment is witnessing a period of fast growth, driven by a combination of an increasingly favorable regulatory climate, higher electricity prices, and concerns over climate change. The restraints that have held the market back, primarily delays in approvals, have grown weaker, as governments gradually tackle these issues. The uptake of battery storage systems will be pivotal to PV market growth in the future, as households with battery storage solutions can significantly increase their self-consumption of electricity and further mitigate higher energy costs. This research service highlights the main drivers and restraints and their relative strengths. Profiles of key countries (a relatively small number of country markets still account for a significant percentage of the total market) offer a clear picture of the status, the growth accelerators and challenges, and the market potential. In addition, countries are ranked in terms of market attractiveness, based on criteria, such as policy support, incentives, and accessibility. Growth opportunities for active market participants and new entrants are also identified.
More Information
New Title Residential Solar Pv Market – Growth Opportunities, Analysis, Forecast, North America, 2022
New Subtitle The Metaverse Is Reshaping Marketing Strategies And Offering Brands Revolutionary Ways To Engage With Their Audiences,Solar Panel Industry Growth,Global Residential Solar Pv Market,Solar Market Growth
Author Saraswathi Venkatesan
Industries Energy
No Index No
Is Prebook No
Keyword 1 Solar Panel Industry Growth
Keyword 2 Global Residential Solar PV Market
Keyword 3 solar market growth
Podcast No
WIP Number MGM7-01-00-00-00