The US Residential Solar Power Market Size, Analysis, Trends & Forecast during 2018 – 2022

Posted on 2018-04-12 by Mark Hub in Energy // 0 Comments

Albany, US, 2018-Apr-12 — /EPR Network/ — A fresh report has been added to the wide database of Market Research Hub (MRH) titled “Global US Residential Solar Power Market Research Report 2018” which provides an in-depth analysis of the US residential solar market by installed capacity generation, cumulative capacity, rooftop penetration, etc. The report also provides the analysis of The US power generation market and US solar power market. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US residential solar market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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The major players in the US residential solar market are Tesla (SolarCity Corporation), Sunrun Inc., Vivint Solar, Inc. and Sunpower Corporation, whose company profiling is done in the report, including respective companies business overview, business strategies and financial overview.

Company Coverage

Tesla (SolarCity Corporation)
Sunrun Inc.
Vivint Solar, Inc.
Sunpower Corporation

Executive Summary

Solar energy, which is renewable, widely available and clean, provides enough energy to meet the worlds annual consumption needs every 50 minutes. There are two major technologies that have been developed to harness the solar energy. Solar power is broadly classified into two: Thermal and Photovoltaic. Thermal power is further categorized into low-temperature solar thermal power and concentrated solar power.

Different types of solar panels serve different needs and purposes. Manufacturers generally use one of three processes to produce solar panels: Monocrystalline, Polycrystalline and Thin Film.

Solar power by end user could be divided into Residential and Commercial or Residential, Non Residential and Utility. There are three main types of residential solar electric power systems: grid inter-tied; grid inter-tied with battery backup; and off-grid. These three broad types vary in how closely connected they are to the traditional power utility infrastructure, known as the grid.

The US residential solar power market has increased at a significant CAGR during the years 2010-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously.

The residential solar power market is expected to increase due to declining cost of solar equipment, favourable Federal and state policy, depleting conventional sources, etc. Yet the market faces some challenges such climatic issues associated with solar panels, lack of awareness, etc.

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Table of Content:
1. Executive Summary

2. Introduction

2.1 Solar Power Overview

2.1.1 Types of Solar Power
2.1.2 Types of Solar Panels
2.1.3 Types of Solar Power: On the basis of End Users

2.2 Residential Solar Overview

2.2.1 Difference: Residential vs Commercial Solar Panels
2.2.2 Types of Residential Solar Power Systems

3. Global Market Analysis

3.1 The US Power Market: An analysis

3.1.1 The US Power Market by Installed Generation Capacity
3.1.2 The US Power Market Installed Generation Capacity by Segments

3.2 The US Solar Power Market: An Analysis

3.2.1 The US Solar Power Market by Installed Generation Capacity
3.2.2 The US Solar Power Market Installed Generation Capacity by Segments

3.3 The US Residential Solar Power Market: An Analysis

3.3.1 The US Residential Solar Power Market by Installed Generation Capacity
3.3.2 The US Residential Solar Power Market by Penetration in Total Cumulative Installed Generation Capacity
3.3.3 The US Residential Solar Power Market by Cumulative Installed Generation Capacity
3.3.4 The US Residential Solar Power Market by Penetration in Available Rooftop
3.3.5 The US Residential Solar Power Market Penetration in Available Rooftop by States

4. Market Dynamics

4.1 Growth Drivers
4.1.1 Falling Costs for Solar Equipment
4.1.2 Federal and State Policy Support
4.1.3 Depletion of Conventional Energy Sources
4.1.4 Net Energy Metering Policy
4.1.5 Rising Energy Costs

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About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of solar energy research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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