United States Solar PV Module Market Soars to USD 14.6 Billion in 2023, Propelling Robust 10.7% CAGR Growth Through 2029

According to TechSci Research report, "United States Solar PV Module Market - By Region, Competition, Forecast and Opportunities, 2019-2029", the United States Solar PV Module Market is experiencing significant growth driven by a confluence of factors. Rising awareness and commitment to environmental sustainability have propelled a surge in demand for clean energy sources, positioning solar photovoltaic (PV) modules as a key solution. Technological advancements in PV technology, leading to increased efficiency and cost-effectiveness, further contribute to the market's expansion. Government initiatives, including tax incentives, subsidies, and ambitious renewable energy targets, create a favorable regulatory environment, incentivizing businesses and consumers to adopt solar PV solutions. Additionally, a growing focus on energy independence and resilience in the face of climate change has spurred investments in solar infrastructure. As a result, the United States Solar PV Module Market is poised for sustained growth, offering both economic and environmental benefits in the pursuit of a more sustainable energy landscape.

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Based on Technology, the United States Solar PV Module Market witnessed the continued dominance of the crystalline silicon technology segment, a trend expected to persist throughout the forecast period. Crystalline silicon solar PV modules have maintained their supremacy due to several key advantages, including high efficiency, reliability, and a well-established manufacturing infrastructure. Crystalline silicon can be further categorized into monocrystalline and polycrystalline technologies, both of which have demonstrated superior performance and cost-effectiveness. Monocrystalline modules, with their higher efficiency rates and sleek design, appeal to residential and commercial customers seeking optimal power output within limited space. Polycrystalline modules, although slightly less efficient, offer a compelling balance between cost and performance, making them popular for utility-scale projects.

The maturity of crystalline silicon technology, coupled with continuous research and development efforts, has led to incremental improvements in efficiency and cost reduction, further solidifying its market dominance. While thin-film technology continues to exhibit unique advantages, such as flexibility and lower manufacturing costs, its market share in the United States has been limited by factors like lower efficiency levels and the increasing competitiveness of crystalline silicon. As the demand for solar energy rises and technological advancements continue, crystalline silicon is anticipated to maintain its dominant position, benefitting from economies of scale, established supply chains, and widespread acceptance across diverse solar applications in the United States. The resilience and adaptability of crystalline silicon technology position it as a cornerstone in the United States Solar PV Module Market, ensuring its continued dominance and influence over the trajectory of the industry in the foreseeable future.

Key market players in the United States Solar PV Module Market are: -
First Solar, Inc.
SunPower Corporation
JinkoSolar Holding Co., Ltd.
Canadian Solar Inc.
Trina Solar Limited
JA Solar Holdings Co., Ltd.
Hanwha Q CELLS Co., Ltd.
LONGi Solar Technology Co., Ltd.
Risen Energy Co., Ltd.
LG Electronics Inc.
Sharp Corporation
REC Group
Vivint Solar, Inc.
Sunrun Inc.
Enphase Energy, Inc.

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"United States Solar PV Module Market Segmented By Technology (Thin Film, Crystalline Silicon), By Product (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon, Copper Indium Gallium Diselenide), By Connectivity (On-Grid and Off-Grid), By Mounting (Ground Mounted, Roof Top), By End-Use (Residential, Commercial, Utility), By Region, and By Competition, 2019-2029," has evaluated the future growth potential of United States Solar PV Module Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Solar PV Module Market.

Report Scope:

In this report, the United States Solar PV Module Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
United States Solar PV Module Market, By Technology:
o Thin Film
o Crystalline Silicon
United States Solar PV Module Market, By Connectivity:
o On-Grid
o Off-Grid
United States Solar PV Module Market, By Product:
o Monocrystalline
o Polycrystalline
o Cadmium Telluride
o Amorphous Silicon
o Copper Indium Gallium Diselenide
United States Solar PV Module Market, By Mounting:
o Ground Mounted
o Roof Top
United States Solar PV Module Market, By End-Use:
o Residential
o Commercial
o Utility
United States Solar PV Module Market, By Region:
o South US
o Midwest US
o North-East US
o West US
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the United States Solar PV Module Market.
Available Customizations:
United States Solar PV Module Market report with the given market data, Tech Sci 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).
United States Solar PV Module Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1.Markets Covered
1.2.2.Years Considered for Study
1.2.3.Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1.Secondary Research
2.5.2.Primary Research
2.6. Approach for the Market Study
2.6.1.The Bottom-Up Approach
2.6.2.The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1.Data Triangulation & Validation
3. Executive Summary
4. Impact of COVID-19 on United States Solar PV Module Market
5. Voice of Customer
6. United States Solar PV Module Market Overview
7. United States Solar PV Module Market Outlook
7.1. Market Size & Forecast
7.1.1.By Value
7.2. Market Share & Forecast
7.2.1.By Technology (Thin Film, Crystalline Silicon)
7.2.2.By Product (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon, Copper Indium Gallium Diselenide)
7.2.3.By Connectivity (On-Grid and Off-Grid)
7.2.4.By Mounting (Ground Mounted, Roof Top)
7.2.5.By End-Use (Residential, Commercial, Utility)
7.2.6.By Region (South, Midwest, North-East, West)
7.3. By Company (2023)
7.4. Market Map
8. South United States Solar PV Module Market Outlook
8.1. Market Size & Forecast
8.1.1.By Value
8.2. Market Share & Forecast
8.2.1.By Technology
8.2.2.By Product
8.2.3.By Connectivity
8.2.4.By Mounting
8.2.5.By End-Use
9. Midwest United States Solar PV Module Market Outlook
9.1. Market Size & Forecast
9.1.1.By Value
9.2. Market Share & Forecast
9.2.1.By Technology
9.2.2.By Product
9.2.3.By Connectivity
9.2.4.By Mounting
9.2.5.By End-Use
10. North-East United States Solar PV Module Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By Product
10.2.3. By Connectivity
10.2.4. By Mounting
10.2.5. By End-Use
11. West United States Solar PV Module Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Technology
11.2.2. By Product
11.2.3. By Connectivity
11.2.4. By Mounting
11.2.5. By End-Use
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Company Profiles
14.1. First Solar, Inc.
14.1.1. Business Overview
14.1.2. Key Revenue and Financials
14.1.3. Recent Developments
14.1.4. Key Personnel/Key Contact Person
14.1.5. Key Product/Services Offered
14.2. SunPower Corporation
14.2.1. Business Overview
14.2.2. Key Revenue and Financials
14.2.3. Recent Developments
14.2.4. Key Personnel/Key Contact Person
14.2.5. Key Product/Services Offered
14.3. JinkoSolar Holding Co., Ltd.
14.3.1. Business Overview
14.3.2. Key Revenue and Financials
14.3.3. Recent Developments
14.3.4. Key Personnel/Key Contact Person
14.3.5. Key Product/Services Offered
14.4. Canadian Solar Inc.
14.4.1. Business Overview
14.4.2. Key Revenue and Financials
14.4.3. Recent Developments
14.4.4. Key Personnel/Key Contact Person
14.4.5. Key Product/Services Offered
14.5. Trina Solar Limited
14.5.1. Business Overview
14.5.2. Key Revenue and Financials
14.5.3. Recent Developments
14.5.4. Key Personnel/Key Contact Person
14.5.5. Key Product/Services Offered
14.6. JA Solar Holdings Co., Ltd.
14.6.1. Business Overview
14.6.2. Key Revenue and Financials
14.6.3. Recent Developments
14.6.4. Key Personnel/Key Contact Person
14.6.5. Key Product/Services Offered
14.7. Hanwha Q CELLS Co., Ltd.
14.7.1. Business Overview
14.7.2. Key Revenue and Financials
14.7.3. Recent Developments
14.7.4. Key Personnel/Key Contact Person
14.7.5. Key Product/Services Offered
14.8. LONGi Solar Technology Co., Ltd.
14.8.1. Business Overview
14.8.2. Key Revenue and Financials
14.8.3. Recent Developments
14.8.4. Key Personnel/Key Contact Person
14.8.5. Key Product/Services Offered
14.9. Risen Energy Co., Ltd.
14.9.1. Business Overview
14.9.2. Key Revenue and Financials
14.9.3. Recent Developments
14.9.4. Key Personnel/Key Contact Person
14.9.5. Key Product/Services Offered
14.10. LG Electronics Inc.
14.10.1. Business Overview
14.10.2. Key Revenue and Financials
14.10.3. Recent Developments
14.10.4. Key Personnel/Key Contact Person
14.10.5. Key Product/Services Offered
14.11. Sharp Corporation
14.11.1. Business Overview
14.11.2. Key Revenue and Financials
14.11.3. Recent Developments
14.11.4. Key Personnel/Key Contact Person
14.11.5. Key Product/Services Offered
14.12. REC Group
14.12.1. Business Overview
14.12.2. Key Revenue and Financials
14.12.3. Recent Developments
14.12.4. Key Personnel/Key Contact Person
14.12.5. Key Product/Services Offered
14.13. Vivint Solar, Inc.
14.13.1. Business Overview
14.13.2. Key Revenue and Financials
14.13.3. Recent Developments
14.13.4. Key Personnel/Key Contact Person
14.13.5. Key Product/Services Offered
14.14. Sunrun Inc.
14.14.1. Business Overview
14.14.2. Key Revenue and Financials
14.14.3. Recent Developments
14.14.4. Key Personnel/Key Contact Person
14.14.5. Key Product/Services Offered
14.15. Enphase Energy, Inc.
14.15.1. Business Overview
14.15.2. Key Revenue and Financials
14.15.3. Recent Developments
14.15.4. Key Personnel/Key Contact Person
14.15.5. Key Product/Services Offered
15. Strategic Recommendations
16. About Us & Disclaimer

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