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Residential Solar Market in the US 2016-2020

Category : Energy and Power  | Published Date : Jun-2016 | Pages : 68
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About the Residential Solar market in the US

A residential solar PV system is a small-scale power generation plant that uses PV technology to convert sunlight into electricity. Harnessing solar energy is considered as one of the most efficient ways to promote renewable energy and improve grid stability. The growing need for electricity and demand-side management (DSM) programs is driving solar PV installations worldwide. Renewable energy accounts for the majority of new capacity installations across countries. In 2015, solar PV installations accounted for 57 GW capacity worldwide, growing by 30% on a YoY basis. 

Technavio’s analysts forecast the residential solar market in the US to grow at a CAGR of 33.12% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the residential solar market in the US for 2016-2020. To calculate the market size, we have collected the annual installed capacity of residential solar PV systems through secondary research. Government policies and targets of various US states have been considered while estimating the market size. In order to calculate the market revenue, the average price of PV balance of system (BOS) based on customer feedback has been taken into consideration.

The market is analyzed based on states: 
• California
• Arizona
• North Carolina
• New Jersey
• Nevada
• Massachusetts
• New York
• Hawaii
• Colorado
• Texas

Technavio's report, Residential Solar market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market. 

Key vendors 
• NRG Energy 
• SolarCity 
• Sungevity 
• Sunrun 
• Verengo 
• Vivint Solar

Other prominent vendors
• First Solar
• Borg Energy 
• Jinko Solar 
• ReneSola

Market driver 
• Federal and state-level policies and incentives
• For a full, detailed list, view our report 

Market challenge 
• Low conversion efficiency of solar PV systems
• For a full, detailed list, view our report 

Market trend 
• Advances in battery storage technology
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
• Research methodology
• Economic indicators
PART 03: Introduction
• Key market highlights
PART 04: Market landscape
• Market size and forecast
• Five forces analysis
PART 05: Market drivers
• Federal and state-level policies and incentives
• Rise in solar PV installations due to third-PARTy financing
• Decline in price of PV systems
• RPS targets and goals at state level
PART 06: Impact of drivers
PART 07: Market challenges
• Low conversion efficiency of solar PV systems
• High life-cycle GHG emissions
PART 08: Impact of drivers and challenges
PART 09: Market trends
• Developments in solar technologies
• Advances in battery storage technology
PART 10: Analysis of top 10 states
• Top 10 states
PART 11: Vendor landscape
• Vendor analysis
• Other prominent vendors
PART 12: Key vendor analysis
• NRG Energy
• SolarCity
• Sungevity
• Sunrun
• Verengo
• Vivint Solar
PART 13: Appendix
• List of abbreviations
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Annual solar installations in the US 2005-2015
Exhibit 03: Annual residential solar PV installations in the US 2010-2015
Exhibit 04: ITC for various solar applications 2016-2022
Exhibit 05: States at or near grid parity in the US
Exhibit 06: Residential solar market in the US 2015-2020 ($ billions)
Exhibit 07: Prices of various battery types
Exhibit 08: Residential solar annual installations in the US 2015-2020
Exhibit 09: Five forces analysis
Exhibit 10: History of ITC in the US
Exhibit 11: Third-PARTy financing model
Exhibit 12: Factors influencing growth and cost of PV systems
Exhibit 13: Price of PV systems by segment 2010 and 2015
Exhibit 14: RES/RPS targets of various states in the US
Exhibit 15: Impact of drivers
Exhibit 16: Electricity generation efficiency (%)
Exhibit 17: Life-cycle GHG emission of various electricity resources (tons of CO? e/GWh)
Exhibit 18: CO? emissions during life cycle of solar PV
Exhibit 19: Impact of drivers and challenges
Exhibit 20: Historical battery prices and future projections 2008-2024 ($/kWh)
Exhibit 21: State-level residential solar incentives
Exhibit 22: Net metering limitations by state
Exhibit 23: Solar energy-related programs and incentives in California
Exhibit 24: Residential solar PV applications under various program administrators in California
Exhibit 25: Solar energy-related programs and incentives in Arizona
Exhibit 26: Solar energy-related programs and incentives in North Carolina
Exhibit 27: Solar energy-related programs and incentives in New Jersey
Exhibit 28: Solar energy-related programs and incentives in Nevada
Exhibit 29: Solar energy-related programs and incentives in Massachusetts
Exhibit 30: Solar energy-related programs and incentives in New York
Exhibit 31: Solar energy-related programs and incentives in Hawaii
Exhibit 32: Solar energy-related programs and incentives in Colorado
Exhibit 33: Solar energy-related programs and in Texas
Exhibit 34: Other prominent vendors
Exhibit 35: Product portfolio
Exhibit 36: Key benefits of solar power with battery backup over traditional power sources
Exhibit 37: Sungevity: Product portfolio
Exhibit 38: Tax equity fund growth in terms of MW capacity
...
Publisher Name : Technavio

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