주거용 태양광발전 시장 : 설치 유형별, 그리드 연결성별, 구성요소 유형별, 기술 유형별, 설치 유형별, 소유 모델별, 판매 채널별, 용도 유형별 - 세계 예측(2025-2030년)

The Residential Solar Photovoltaic Market was valued at USD 22.88 billion in 2024 and is projected to grow to USD 24.78 billion in 2025, with a CAGR of 8.44%, reaching USD 37.22 billion by 2030.

Residential solar photovoltaic systems have been at the heart of the energy transformation journey, powering a shift towards sustainable and self-sufficient living environments. This introductory discussion sets the stage by exploring the evolution of solar technology in residential settings, reflecting on the growth dynamics driven by continuously improving efficiencies and cost competitiveness. Over recent years, advancements in photovoltaic cell engineering, inverter technology, and complete system integration have collectively spurred interest among homeowners, policy-makers, and financial stakeholders alike. The residential sector is not only embracing renewable energy solutions to reduce carbon footprints but is also motivated by enhanced energy security and long-term economic benefits. This dynamic climate is further enriched by supportive policies, innovation-driven market entries, and a robust financial framework that encourages both private investments and public initiatives. As the marketplace evolves, strategic planning combined with technical adherence promises to unlock value for all players, paving the way for more comprehensive, scalable, and reliable solar infrastructures. This introduction provides an essential foundation for understanding the complexities and opportunities within the residential solar photovoltaic landscape, offering a clear perspective for stakeholders aiming to navigate and benefit from this rapidly transforming market.

Transformative Shifts in the Landscape of Residential Solar Photovoltaics

The solar energy landscape has experienced transformative shifts that have redefined not only the way technology is deployed in residential settings, but also how consumers, businesses, and governments perceive its value. At the center of these shifts is rapid technological innovation, which has resulted in systems that are more efficient, inherently reliable, and easier to integrate into existing urban and suburban infrastructures. The evolution from conventional technologies to high-performance photovoltaic cells is transforming not only energy yield but also the overall user experience. Along with these advancements, regulatory frameworks have evolved to support decentralized power generation, allowing homeowners to become energy producers rather than mere consumers. Furthermore, evolving financing models such as power purchase agreements, leasing options, and community solar projects have also played a critical role in broadening the adoption across residential sectors. With increased consumer trust and heightened regulatory incentives, the integration of advanced digital monitoring and control systems has empowered homeowners to optimize performance and energy consumption in near real-time. This transformative landscape encourages industry practitioners to rethink strategy, align business models with future market requirements, and identify untapped opportunities that drive sustainable growth.

Key Segmentation Insights Across Installation, Technology, and Ownership Dimensions

An in-depth analysis of the market reveals diverse dimensions and segmentation strategies that are shaping residential solar photovoltaic developments. When assessing the landscape based on installation type, the market is scrutinized through the dual lenses of ground-mounted and rooftop systems, offering valuable insights into performance variability and structural design. Ground-mounted solutions are examined further, distinguishing between fixed-tilt systems and those employing tracking technologies where tracking arrays are segmented by dual-axis and single-axis mechanisms. Complementary to these installation strategies, grid connectivity remains a pivotal segmentation criterion. Market studies differentiate between off-grid and on-grid systems, with the former being analyzed based on the presence or absence of integrated battery storage solutions, while on-grid systems are dissected into frameworks such as feed-in tariff schemes and net metering arrangements. Additionally, the component type segmentation introduces a further layer of complexity by analyzing inverters versus photovoltaic cells. Inverter technology itself branches into central inverters, microinverters, and string inverters, each offering distinct benefits in terms of energy conversion reliability and system redundancy. Beyond these technical factors, insights are also derived from observing technology types by comparing monocrystalline silicon, polycrystalline silicon, and thin-film solutions. In this category, monocrystalline solar panels are examined in the context of N-Type and P-Type variations, and thin films are unpacked with a focus on amorphous silicon, cadmium telluride, and copper indium gallium selenide technologies. Additional market perspectives consider the dichotomy between new installations and retrofit installations, ownership models such as direct ownership versus third-party financial management, sales channels spanning offline and online retailing, and critical application types that cater to both multi-unit apartments and single-family homes. Collectively, these multi-layered segmentation insights empower decision-makers to tailor their strategies with precision while addressing both the technical and economic dimensions of residential solar endeavors.

Based on Installation Type, market is studied across Ground Mounted and Rooftop. The Ground Mounted is further studied across Fixed-Tilt and Tracking. The Tracking is further studied across Dual-Axis and Single-Axis.

Based on Grid Connectivity, market is studied across Off-Grid and On-Grid. The Off-Grid is further studied across With Battery Storage and Without Battery Storage. The On-Grid is further studied across Feed-In Tariff and Net Metering.

Based on Component Type, market is studied across Inverters and Photovoltaic Cells. The Inverters is further studied across Central Inverters, Microinverters, and String Inverters.

Based on Technology Type, market is studied across Monocrystalline Silicon, Polycrystalline Silicon, and Thin Film. The Monocrystalline Silicon is further studied across N-Type and P-Type. The Thin Film is further studied across Amorphous Silicon, Cadmium Telluride, and CIGS (Copper Indium Gallium Selenide).

Based on Installation Type, market is studied across New Installations and Retrofit Installations.

Based on Ownership Model, market is studied across Direct Ownership and Third-Party Ownership.

Based on Sales Channel, market is studied across Offline and Online.

Based on Application Type, market is studied across Multi-Unit Apartments and Single Family Homes.

Regional Insights and Global Dynamics in the Residential Solar Sector

The residential solar market is distinctly characterized by its global dispersion, where regional dynamics introduce a blend of opportunities and challenges that vary significantly from one market to another. In the Americas, emerging trends underline the importance of government incentives alongside a growing appetite for energy independence among homeowners. These policies not only encourage the proliferation of solar installations but also create a vibrant ecosystem for innovative financing models and technological adoption. In contrast, the region comprising Europe, the Middle East, and Africa exhibits a complex mix of mature markets and rapidly evolving energy policies. European markets, in particular, have long been leaders in deploying sustainable energy projects, drawing on a robust regulatory environment and advanced technologies. In the Middle East and Africa, a focus on overcoming infrastructural challenges and arid climate considerations has propelled forward-thinking projects that leverage solar energy as a means to foster socio-economic development. Meanwhile, the Asia-Pacific region is emerging as a powerhouse for renewable energy, where rapid urbanization, increasing energy demands, and strong governmental backing converge to drive a surge in residential solar solutions. This regional analysis underscores the necessity for market entrants to adopt localized strategies that respond to diverse policy environments, economic frameworks, and consumer needs, ensuring alignment of technological proposals with region-specific aspirations.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Competitive Landscape: In-depth Insights on Leading Industry Players

The competitive landscape of residential solar photovoltaics is as dynamic as it is extensive, with numerous global and regional players contributing to a market that thrives on innovation and strategic agility. Industry giants and emerging leaders alike are competing vigorously to offer solutions that are both technically robust and economically feasible. Companies with a proven track record in power electronics, module manufacturing, and integrated system development are driving efficiencies and setting new benchmarks in performance, while others are disrupting traditional energy models through creative financing and modular design. Several notable industry participants have established a significant presence, demonstrating comprehensive portfolios that span design, installation, and maintenance. Entities ranging from multinational engineering conglomerates and specialized solar manufacturers to forward-thinking renewable energy firms are playing pivotal roles in market expansion. With major companies such as ABB Ltd, Acciona SA, Adani Group, Altus Power America, Inc, Brookfield Renewable Partners, Canadian Solar Inc, Enphase Energy, Inc., GreenBrilliance Renewable Energy LLP, Hanwha Group, JA Solar Technology Co.,Ltd, JinkoSolar Holding Co., Ltd., Kaneka Corporation, Kyocera Corporation, NextEra Energy Resources, LLC, Nextracker Inc., Ormat Technologies, Inc., Panasonic Corporation, Renesola Co. Ltd, Risen Energy Co., Ltd., Sharp Corporation, siemens AG, SunPower Corporation, Tata Power Solar Systems Ltd, and Trina Solar actively shaping the narrative, the industry is poised for a period of intensified competition and collaboration. While each of these organizations brings its own brand of expertise, strategic alliances and technological partnerships are driving the sector towards a unified goal-delivering superior energy solutions for modern residential applications.

The report delves into recent significant developments in the Residential Solar Photovoltaic Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd, Acciona SA, Adani Group, Altus Power America, Inc, Brookfield Renewable Partners, Canadian Solar Inc, Enphase Energy, Inc., GreenBrilliance Renewable Energy LLP, Hanwha Group, JA Solar Technology Co.,Ltd, JinkoSolar Holding Co., Ltd., Kaneka Corporation, Kyocera Corporation, NextEra Energy Resources, LLC, Nextracker Inc., Ormat Technologies, Inc., Panasonic Corporation, Renesola Co. Ltd, Risen Energy Co., Ltd., Sharp Corporation, siemens AG, SunPower Corporation, Tata Power Solar Systems Ltd, and Trina Solar. Actionable Recommendations and Strategic Outlook for Industry Leaders

Industry leaders in the residential solar arena are uniquely positioned to capitalize on a host of emerging opportunities if they strategically align their business objectives with evolving trends. To sustain and augment competitive advantage, companies should focus on leveraging advancements in inverter technology and photovoltaic cell design to enhance operational efficiency and reduce system downtime. It is imperative that market players adopt an integrated approach to system design, ensuring that every component-from tracking mechanisms in ground-mounted setups to sophisticated off-grid connectivity solutions-operates in harmony to maximize energy yield. Additionally, an emphasis on strategic partnerships can unlock access to innovative financing models and cutting-edge digital monitoring tools that enhance consumer engagement and system maintenance. By proactively addressing the challenges posed by diverse regulatory environments, organizations can tailor their market entry strategies to regional and local nuances. Strategic investments in research and development, coupled with robust pilot programs that validate new business models, are critical for accelerating product refinements and improving scalability. As market demand grows for retrofits as well as new installations, leaders must also focus on upgrading existing infrastructures while pioneering forward-thinking developments that promote resilience and sustainability. In this competitive environment, those who prioritize agility, innovation, and consumer-centric solutions are best positioned to drive long-term growth and shape the future of residential solar energy.

Conclusion and Future Outlook for Residential Solar Photovoltaic Systems

In conclusion, the residential solar photovoltaic market is in the midst of a dynamic transformation where technology, finance, and regulatory innovation converge to redefine energy generation. The insights gleaned from segmentation analyses, regional comparisons, and competitive assessments collectively indicate that the market is not only expanding in size but also evolving in complexity. This evolution has significant implications for stakeholders across the board-from homeowners and installers to policy-makers and investors. As more regions experience policy shifts and economic pressures that favor renewable energy sources, the industry is set to embark on a growth trajectory defined by accelerated technological adoption and diversified financing strategies. It is clear that the future of residential solar energy lies at the intersection of smart technology, sustainable business practices, and responsive market governance. The continuous refinement of products and adaptation to market demands will serve as the driving force behind innovative energy solutions. Ultimately, strategic foresight combined with data-driven decision-making will be indispensable for any entity aiming to establish a lasting presence in this vibrant market.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Growing environmental awareness among consumers with demand for clean energy solutions
    • 5.1.1.2. Supportive government incentives and subsidies encouraging adoption of solar systems
  • 5.1.2. Restraints
    • 5.1.2.1. High initial investment associated installation and maintenance solar PV
  • 5.1.3. Opportunities
    • 5.1.3.1. Emerging integration of solar PV with smart home technologies and home energy management
    • 5.1.3.2. Ongoing innovations and cost reductions in battery storage technologies of solar PV
  • 5.1.4. Challenges
    • 5.1.4.1. Navigating the complex landscape of regulations and standards for solar installations
• 5.2. Market Segmentation Analysis
  • 5.2.1. Installation Type: Preference for installation for their ease of integration and lower footprint
  • 5.2.2. Application Type: Rising adoption of residential solar photovoltaic across multi-unit apartments with community solar projects and virtual net metering
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Residential Solar Photovoltaic Market, by Installation Type

• 6.1. Introduction
• 6.2. Ground Mounted
  • 6.2.1. Fixed-Tilt
  • 6.2.2. Tracking
    • 6.2.2.1. Dual-Axis
    • 6.2.2.2. Single-Axis
• 6.3. Rooftop

7. Residential Solar Photovoltaic Market, by Grid Connectivity

• 7.1. Introduction
• 7.2. Off-Grid
  • 7.2.1. With Battery Storage
  • 7.2.2. Without Battery Storage
• 7.3. On-Grid
  • 7.3.1. Feed-In Tariff
  • 7.3.2. Net Metering

8. Residential Solar Photovoltaic Market, by Component Type

• 8.1. Introduction
• 8.2. Inverters
  • 8.2.1. Central Inverters
  • 8.2.2. Microinverters
  • 8.2.3. String Inverters
• 8.3. Photovoltaic Cells

9. Residential Solar Photovoltaic Market, by Technology Type

• 9.1. Introduction
• 9.2. Monocrystalline Silicon
  • 9.2.1. N-Type
  • 9.2.2. P-Type
• 9.3. Polycrystalline Silicon
• 9.4. Thin Film
  • 9.4.1. Amorphous Silicon
  • 9.4.2. Cadmium Telluride
  • 9.4.3. CIGS (Copper Indium Gallium Selenide)

10. Residential Solar Photovoltaic Market, by Installation Type

• 10.1. Introduction
• 10.2. New Installations
• 10.3. Retrofit Installations

11. Residential Solar Photovoltaic Market, by Ownership Model

• 11.1. Introduction
• 11.2. Direct Ownership
• 11.3. Third-Party Ownership

12. Residential Solar Photovoltaic Market, by Sales Channel

• 12.1. Introduction
• 12.2. Offline
• 12.3. Online

13. Residential Solar Photovoltaic Market, by Application Type

• 13.1. Introduction
• 13.2. Multi-Unit Apartments
• 13.3. Single Family Homes

14. Americas Residential Solar Photovoltaic Market

• 14.1. Introduction
• 14.2. Argentina
• 14.3. Brazil
• 14.4. Canada
• 14.5. Mexico
• 14.6. United States

15. Asia-Pacific Residential Solar Photovoltaic Market

• 15.1. Introduction
• 15.2. Australia
• 15.3. China
• 15.4. India
• 15.5. Indonesia
• 15.6. Japan
• 15.7. Malaysia
• 15.8. Philippines
• 15.9. Singapore
• 15.10. South Korea
• 15.11. Taiwan
• 15.12. Thailand
• 15.13. Vietnam

16. Europe, Middle East & Africa Residential Solar Photovoltaic Market

• 16.1. Introduction
• 16.2. Denmark
• 16.3. Egypt
• 16.4. Finland
• 16.5. France
• 16.6. Germany
• 16.7. Israel
• 16.8. Italy
• 16.9. Netherlands
• 16.10. Nigeria
• 16.11. Norway
• 16.12. Poland
• 16.13. Qatar
• 16.14. Russia
• 16.15. Saudi Arabia
• 16.16. South Africa
• 16.17. Spain
• 16.18. Sweden
• 16.19. Switzerland
• 16.20. Turkey
• 16.21. United Arab Emirates
• 16.22. United Kingdom

17. Competitive Landscape

• 17.1. Market Share Analysis, 2024
• 17.2. FPNV Positioning Matrix, 2024
• 17.3. Competitive Scenario Analysis
  • 17.3.1. SolarSquare's USD 40M Series B funding fuels expansion of residential solar footprint across India
  • 17.3.2. JinkoSolar's launch of the Tiger Neo 3.0 series introduces solar panels
  • 17.3.3. Roofsol Energy secures INR 255 million in equity funding to fuel ambitious solar growth in India's C&I sector
• 17.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. ABB Ltd
• 2. Acciona SA
• 3. Adani Group
• 4. Altus Power America, Inc
• 5. Brookfield Renewable Partners
• 6. Canadian Solar Inc
• 7. Enphase Energy, Inc.
• 8. GreenBrilliance Renewable Energy LLP
• 9. Hanwha Group
• 10. JA Solar Technology Co.,Ltd
• 11. JinkoSolar Holding Co., Ltd.
• 12. Kaneka Corporation
• 13. Kyocera Corporation
• 14. NextEra Energy Resources, LLC
• 15. Nextracker Inc.
• 16. Ormat Technologies, Inc.
• 17. Panasonic Corporation
• 18. Renesola Co. Ltd
• 19. Risen Energy Co., Ltd.
• 20. Sharp Corporation
• 21. siemens AG
• 22. SunPower Corporation
• 23. Tata Power Solar Systems Ltd
• 24. Trina Solar