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Global Residential Solar PV Module Market Research Report 2024
Synopsis
Residential Solar PV Module is a photovoltaic panel designed for residential use, converting sunlight into electricity. Typically mounted on rooftops, these modules consist of interconnected solar cells encapsulated in a protective layer. They generate clean and renewable energy for homes, contributing to reduced dependence on conventional power sources and lowering carbon footprints. Residential Solar PV Modules play a crucial role in decentralized energy production, allowing homeowners to harness solar power for their electricity needs, promoting sustainability, and often enabling grid-tied or off-grid solar systems for residential energy independence.
The global Residential Solar PV Module market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The industry trend for Residential Solar PV Modules centers around increased efficiency, aesthetics, and smart integration. Manufacturers are focusing on enhancing the efficiency of solar cells to maximize energy output per unit area. Aesthetic considerations involve designing sleek and visually appealing modules to integrate seamlessly with residential architecture. Smart features, such as built-in monitoring and optimization systems, are gaining prominence, providing homeowners with real-time data and control over their solar energy production. The trend also includes advancements in energy storage solutions, enabling greater self-consumption of solar power and promoting resilience in residential energy systems.
This report aims to provide a comprehensive presentation of the global market for Residential Solar PV Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Solar PV Module.
Report Scope
The Residential Solar PV Module market size, estimations, and forecasts are provided in terms of output/shipments (K Sqm) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Solar PV Module market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Solar PV Module manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Canadian Solar
First Solar
The Solaria Corporation
LG Electronics
SOLAR FRONTIER K.K.
SunPower Corporation
Indosolar
VIKRAM SOLAR LTD
JinkoSolar
Yingli Energy
Zhejiang Yuhui Solar Energy Source
Longi Green Energy Technology
Trina Solar
Shunfeng lnternational Clean Energy
Risen Energy
Motech Industries
Segment by Type
On-Grid
Off-Grid
Segment by Application
Residential Ground Installation
Residential Roof Installation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Solar PV Module manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Solar PV Module by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Solar PV Module in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Residential Solar PV Module is a photovoltaic panel designed for residential use, converting sunlight into electricity. Typically mounted on rooftops, these modules consist of interconnected solar cells encapsulated in a protective layer. They generate clean and renewable energy for homes, contributing to reduced dependence on conventional power sources and lowering carbon footprints. Residential Solar PV Modules play a crucial role in decentralized energy production, allowing homeowners to harness solar power for their electricity needs, promoting sustainability, and often enabling grid-tied or off-grid solar systems for residential energy independence.
The global Residential Solar PV Module market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
The industry trend for Residential Solar PV Modules centers around increased efficiency, aesthetics, and smart integration. Manufacturers are focusing on enhancing the efficiency of solar cells to maximize energy output per unit area. Aesthetic considerations involve designing sleek and visually appealing modules to integrate seamlessly with residential architecture. Smart features, such as built-in monitoring and optimization systems, are gaining prominence, providing homeowners with real-time data and control over their solar energy production. The trend also includes advancements in energy storage solutions, enabling greater self-consumption of solar power and promoting resilience in residential energy systems.
This report aims to provide a comprehensive presentation of the global market for Residential Solar PV Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Solar PV Module.
Report Scope
The Residential Solar PV Module market size, estimations, and forecasts are provided in terms of output/shipments (K Sqm) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Solar PV Module market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Solar PV Module manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Canadian Solar
First Solar
The Solaria Corporation
LG Electronics
SOLAR FRONTIER K.K.
SunPower Corporation
Indosolar
VIKRAM SOLAR LTD
JinkoSolar
Yingli Energy
Zhejiang Yuhui Solar Energy Source
Longi Green Energy Technology
Trina Solar
Shunfeng lnternational Clean Energy
Risen Energy
Motech Industries
Segment by Type
On-Grid
Off-Grid
Segment by Application
Residential Ground Installation
Residential Roof Installation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Solar PV Module manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Solar PV Module by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Solar PV Module in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Residential Solar PV Module Market Overview
1.1 Product Definition
1.2 Residential Solar PV Module Segment by Type
1.2.1 Global Residential Solar PV Module Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 On-Grid
1.2.3 Off-Grid
1.3 Residential Solar PV Module Segment by Application
1.3.1 Global Residential Solar PV Module Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential Ground Installation
1.3.3 Residential Roof Installation
1.4 Global Market Growth Prospects
1.4.1 Global Residential Solar PV Module Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residential Solar PV Module Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residential Solar PV Module Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residential Solar PV Module Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residential Solar PV Module Production Market Share by Manufacturers (2019-2024)
2.2 Global Residential Solar PV Module Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residential Solar PV Module, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Residential Solar PV Module Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Residential Solar PV Module Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residential Solar PV Module, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Residential Solar PV Module, Product Offered and Application
2.8 Global Key Manufacturers of Residential Solar PV Module, Date of Enter into This Industry
2.9 Residential Solar PV Module Market Competitive Situation and Trends
2.9.1 Residential Solar PV Module Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residential Solar PV Module Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residential Solar PV Module Production by Region
3.1 Global Residential Solar PV Module Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residential Solar PV Module Production Value by Region (2019-2030)
3.2.1 Global Residential Solar PV Module Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residential Solar PV Module by Region (2025-2030)
3.3 Global Residential Solar PV Module Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residential Solar PV Module Production by Region (2019-2030)
3.4.1 Global Residential Solar PV Module Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residential Solar PV Module by Region (2025-2030)
3.5 Global Residential Solar PV Module Market Price Analysis by Region (2019-2024)
3.6 Global Residential Solar PV Module Production and Value, Year-over-Year Growth
3.6.1 North America Residential Solar PV Module Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residential Solar PV Module Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Residential Solar PV Module Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Residential Solar PV Module Production Value Estimates and Forecasts (2019-2030)
4 Residential Solar PV Module Consumption by Region
4.1 Global Residential Solar PV Module Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residential Solar PV Module Consumption by Region (2019-2030)
4.2.1 Global Residential Solar PV Module Consumption by Region (2019-2024)
4.2.2 Global Residential Solar PV Module Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residential Solar PV Module Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residential Solar PV Module Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residential Solar PV Module Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residential Solar PV Module Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Residential Solar PV Module Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residential Solar PV Module Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Residential Solar PV Module Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residential Solar PV Module Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Residential Solar PV Module Production by Type (2019-2030)
5.1.1 Global Residential Solar PV Module Production by Type (2019-2024)
5.1.2 Global Residential Solar PV Module Production by Type (2025-2030)
5.1.3 Global Residential Solar PV Module Production Market Share by Type (2019-2030)
5.2 Global Residential Solar PV Module Production Value by Type (2019-2030)
5.2.1 Global Residential Solar PV Module Production Value by Type (2019-2024)
5.2.2 Global Residential Solar PV Module Production Value by Type (2025-2030)
5.2.3 Global Residential Solar PV Module Production Value Market Share by Type (2019-2030)
5.3 Global Residential Solar PV Module Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residential Solar PV Module Production by Application (2019-2030)
6.1.1 Global Residential Solar PV Module Production by Application (2019-2024)
6.1.2 Global Residential Solar PV Module Production by Application (2025-2030)
6.1.3 Global Residential Solar PV Module Production Market Share by Application (2019-2030)
6.2 Global Residential Solar PV Module Production Value by Application (2019-2030)
6.2.1 Global Residential Solar PV Module Production Value by Application (2019-2024)
6.2.2 Global Residential Solar PV Module Production Value by Application (2025-2030)
6.2.3 Global Residential Solar PV Module Production Value Market Share by Application (2019-2030)
6.3 Global Residential Solar PV Module Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Canadian Solar
7.1.1 Canadian Solar Residential Solar PV Module Corporation Information
7.1.2 Canadian Solar Residential Solar PV Module Product Portfolio
7.1.3 Canadian Solar Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Canadian Solar Main Business and Markets Served
7.1.5 Canadian Solar Recent Developments/Updates
7.2 First Solar
7.2.1 First Solar Residential Solar PV Module Corporation Information
7.2.2 First Solar Residential Solar PV Module Product Portfolio
7.2.3 First Solar Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.2.4 First Solar Main Business and Markets Served
7.2.5 First Solar Recent Developments/Updates
7.3 The Solaria Corporation
7.3.1 The Solaria Corporation Residential Solar PV Module Corporation Information
7.3.2 The Solaria Corporation Residential Solar PV Module Product Portfolio
7.3.3 The Solaria Corporation Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.3.4 The Solaria Corporation Main Business and Markets Served
7.3.5 The Solaria Corporation Recent Developments/Updates
7.4 LG Electronics
7.4.1 LG Electronics Residential Solar PV Module Corporation Information
7.4.2 LG Electronics Residential Solar PV Module Product Portfolio
7.4.3 LG Electronics Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.4.4 LG Electronics Main Business and Markets Served
7.4.5 LG Electronics Recent Developments/Updates
7.5 SOLAR FRONTIER K.K.
7.5.1 SOLAR FRONTIER K.K. Residential Solar PV Module Corporation Information
7.5.2 SOLAR FRONTIER K.K. Residential Solar PV Module Product Portfolio
7.5.3 SOLAR FRONTIER K.K. Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SOLAR FRONTIER K.K. Main Business and Markets Served
7.5.5 SOLAR FRONTIER K.K. Recent Developments/Updates
7.6 SunPower Corporation
7.6.1 SunPower Corporation Residential Solar PV Module Corporation Information
7.6.2 SunPower Corporation Residential Solar PV Module Product Portfolio
7.6.3 SunPower Corporation Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.6.4 SunPower Corporation Main Business and Markets Served
7.6.5 SunPower Corporation Recent Developments/Updates
7.7 Indosolar
7.7.1 Indosolar Residential Solar PV Module Corporation Information
7.7.2 Indosolar Residential Solar PV Module Product Portfolio
7.7.3 Indosolar Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Indosolar Main Business and Markets Served
7.7.5 Indosolar Recent Developments/Updates
7.8 VIKRAM SOLAR LTD
7.8.1 VIKRAM SOLAR LTD Residential Solar PV Module Corporation Information
7.8.2 VIKRAM SOLAR LTD Residential Solar PV Module Product Portfolio
7.8.3 VIKRAM SOLAR LTD Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.8.4 VIKRAM SOLAR LTD Main Business and Markets Served
7.7.5 VIKRAM SOLAR LTD Recent Developments/Updates
7.9 JinkoSolar
7.9.1 JinkoSolar Residential Solar PV Module Corporation Information
7.9.2 JinkoSolar Residential Solar PV Module Product Portfolio
7.9.3 JinkoSolar Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.9.4 JinkoSolar Main Business and Markets Served
7.9.5 JinkoSolar Recent Developments/Updates
7.10 Yingli Energy
7.10.1 Yingli Energy Residential Solar PV Module Corporation Information
7.10.2 Yingli Energy Residential Solar PV Module Product Portfolio
7.10.3 Yingli Energy Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Yingli Energy Main Business and Markets Served
7.10.5 Yingli Energy Recent Developments/Updates
7.11 Zhejiang Yuhui Solar Energy Source
7.11.1 Zhejiang Yuhui Solar Energy Source Residential Solar PV Module Corporation Information
7.11.2 Zhejiang Yuhui Solar Energy Source Residential Solar PV Module Product Portfolio
7.11.3 Zhejiang Yuhui Solar Energy Source Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Zhejiang Yuhui Solar Energy Source Main Business and Markets Served
7.11.5 Zhejiang Yuhui Solar Energy Source Recent Developments/Updates
7.12 Longi Green Energy Technology
7.12.1 Longi Green Energy Technology Residential Solar PV Module Corporation Information
7.12.2 Longi Green Energy Technology Residential Solar PV Module Product Portfolio
7.12.3 Longi Green Energy Technology Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Longi Green Energy Technology Main Business and Markets Served
7.12.5 Longi Green Energy Technology Recent Developments/Updates
7.13 Trina Solar
7.13.1 Trina Solar Residential Solar PV Module Corporation Information
7.13.2 Trina Solar Residential Solar PV Module Product Portfolio
7.13.3 Trina Solar Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Trina Solar Main Business and Markets Served
7.13.5 Trina Solar Recent Developments/Updates
7.14 Shunfeng lnternational Clean Energy
7.14.1 Shunfeng lnternational Clean Energy Residential Solar PV Module Corporation Information
7.14.2 Shunfeng lnternational Clean Energy Residential Solar PV Module Product Portfolio
7.14.3 Shunfeng lnternational Clean Energy Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Shunfeng lnternational Clean Energy Main Business and Markets Served
7.14.5 Shunfeng lnternational Clean Energy Recent Developments/Updates
7.15 Risen Energy
7.15.1 Risen Energy Residential Solar PV Module Corporation Information
7.15.2 Risen Energy Residential Solar PV Module Product Portfolio
7.15.3 Risen Energy Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Risen Energy Main Business and Markets Served
7.15.5 Risen Energy Recent Developments/Updates
7.16 Motech Industries
7.16.1 Motech Industries Residential Solar PV Module Corporation Information
7.16.2 Motech Industries Residential Solar PV Module Product Portfolio
7.16.3 Motech Industries Residential Solar PV Module Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Motech Industries Main Business and Markets Served
7.16.5 Motech Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residential Solar PV Module Industry Chain Analysis
8.2 Residential Solar PV Module Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residential Solar PV Module Production Mode & Process
8.4 Residential Solar PV Module Sales and Marketing
8.4.1 Residential Solar PV Module Sales Channels
8.4.2 Residential Solar PV Module Distributors
8.5 Residential Solar PV Module Customers
9 Residential Solar PV Module Market Dynamics
9.1 Residential Solar PV Module Industry Trends
9.2 Residential Solar PV Module Market Drivers
9.3 Residential Solar PV Module Market Challenges
9.4 Residential Solar PV Module Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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