United States Solar Energy Market is projected to grow at significant rate during the Forecast period, on account of increasing awareness among consumers, huge investments, and supportive government policies. United States is one of the largest solar resources of the world.

Solar credit scheme gave the provision to the investors of the solar energy market to claim 30% of the federal taxes consequently playing the major role in the growth of the industry. Tax credits are expected to expire in 2023 for renewable energy resources which will drive the investors interested in Solar Energy Market to finish their projects as soon as possible thereby the solar energy market will be expected to flourish in the coming years.

United Energy solar energy market can be bifurcated into technology, solar module, application, end use, region, and company. Based on application, United States solar energy market can be categorised into residential, commercial and industry. Residential sector will continue to dominate the market as large amount of users are installing solar energy at their homes to avail tax benefits and is boosting the growth of the United States solar energy market. Based on Technology, solar energy market can be categorised into Solar Photovoltaic and Concentrated Solar Power. Solar photovoltaic will play a major role in the market due to decline in the cost of installation and projects like California Flats Solar Project and Shaw Creek Solar energy will continue to surge the solar energy market. Based on Solar Module segmentation can be divided into Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, and others. Cadmium Telluride and Amorphous Silicon Cells are high in demand due to the low-cost factor and Monocrystalline as well as Polycrystalline are in demand especially in the residential sector and installation of the photovoltaic applications. Lucrative government policies and schemes are expected to accelerate the United States Solar Energy Market.

The major players operating in the United States are Solar Energy Market SolarCity Corporation, Solar Five, LLC, SunPower Corporation, Horizon Solar Power, Sunrun Inc., James Petersen Industries, Inc., First Solar, Inc., Trinity Solar, Inc., Suniva Inc., eSolar Inc., Major companies are developing advanced technologies to stay competitive in the market. Other competitive strategies include mergers & acquisitions.

Objective of the Study:

  • To analyze and forecast the market size of United States Solar Energy Market.
  • To classify and forecast United States Solar Energy Market based on technology, solar module, application, end use, region, and company.
  • To identify drivers and challenges for United States Solar Energy Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Solar Energy Market.
  • To identify and analyze the profile of leading players operating in the United States Solar Energy Market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of United States Solar Energy Market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Solar product manufacturers, suppliers, distributors, and other stakeholders

·         Research organizations and consulting companies

·         Trade associations, organizations, forums, and alliances related to Solar Energy.

·         Government bodies such as regulating authorities and policy makers.

·         Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Technology

·         Solar Module

·         Application

·         End Use

·         Installation

Regional scope

South-West, Mid-West, North-East

Key companies profiled

SolarCity Corporation, Solar Five, LLC, SunPower Corporation, Horizon Solar Power, Sunrun Inc., James Petersen Industries, Inc., First Solar, Inc., Trinity Solar, Inc., Suniva Inc., eSolar Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, United States Solar Energy Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Market, by Technology:

o    Solar Photovoltaic

o    Concentrated Solar Power

·         Market, by Solar Module:

o    Monocrystalline

o    Polycrystalline

o    Cadmium Telluride

o    Amorphous Silicon Cells

o    Others

·         Market, by Application:

o    Residential

o    Commercial

o    Industrial

·         Market, by End Use:

o    Electricity Generation

o    Lighting

o    Heating

o    Charging

·         Market, by Installation:

o    Ground Mounted

o    Rooftop

·         Market, by Region:

·         Market, by Company:

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States Solar Energy Market

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what, you are looking for, please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Solar Energy Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Awareness & Recall

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges & Unmet Needs

6.    United States Solar Energy Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.         By Technology (Solar Photovoltaic (PV), Concentrated Solar Power (CSP))

6.2.2.         By Solar Module (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others)

6.2.3.         By Application (Residential, Commercial, Industrial)

6.2.4.         By End Use (Electricity Generation, Lighting, Heating, Charging)

6.2.5.         By Installation (Ground Mounted, Rooftop)

6.2.6.         By Region

6.2.7.         By Company

6.3.  Product Market Map

7.     United States Solar Photovoltaic Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Solar Mode

7.2.2.     By Application

7.2.3.     By End Use

7.2.4.     By Installation

8.     United States Concentrated Solar Power Market Outlook

 

8.1.    Market Size & Forecast

8.1.1. By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Solar Mode

8.2.2.     By Application

8.2.3.     By End Use

8.2.4.     By Installation

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  United States Economic Profile

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles (Top 10 Leading Companies)

13.2.1.1.      Company Details

13.2.1.2.      Services & End Users

13.2.1.3.      Financials (As Reported)

13.2.1.4.      Key Market Focus & Geographical Presence

13.2.1.5.      Recent Developments

13.2.1.6.      Key Management Personnel

 14. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]