Analysis of the U.S. Residential Solar Power Market
NEW YORK, Sept. 19, 2012 /PR Newswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Solar PV has become, and will continue to be for the next few years, the fastest growing technology in the U.S. energy industry. The U.S. residential solar power market has grown during the last three years as a consequence of rising energy prices, volatile fuel costs, and government incentives for renewable energy. The present research service analyzes the U.S. residential solar power market, providing investment and installed capacity forecasts. Market challenges, drivers, and restraints are identified in the service. Further, the service considers both technology and financial trends for this market. The study period is 2008 to 2016, with a base year of 2011.
•Solar photovoltaic (PV) has become, and will continue to be, the fastest growing technology in the U.S. energy industry over the next few years.
•Cumulative PV solar installations in the United States reachedxx. The residential segment representedxx percent orxx MW of annual installations during 2011.
•The residential market is projected to grow at a CAGR ofxx percent from 2011 to 2016.
•This high growth in solar installations has not translated into higher revenue due to the continuing decline in the average sale price of solar modules.
•Expiration of the 1603 program is likely to affect new system installations, especially during 2012 and 2013.
•The PV industry experienced a tremendous supply-demand imbalance through the value chain in 2011. Most solar module manufacturers had to reduce prices, decrease margins, and, in some cases, close some manufacturing facilities.
•New financing methods, such as solar lease programs and power purchase agreements (PPAs), are one of the main drivers for solar installations in the residential segment.
Residential Solar Power Market
•External Challenges: Drivers and Restraints
•Forecasts and Trends
•Market Share and Competitive Analysis
•Mega Trends and Industry Convergence Implications
Solar System Components
The Last Word (Conclusions and Implications)
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