Global market value of residential solar systems 2021-2031

Published by Lucía Fernández, Mar 18, 2024

The global market value of residential solar systems stood at roughly 26.8 billion U.S. dollars in 2023 and is forecast to reach 91.7 billion U.S. dollars in 2031. Overall, the residential segment accounted for roughly 15 percent of the solar energy systems market worldwide in 2023. 

More information about the global market for solar energy systems can be found here.

Market value of residential solar energy systems worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars)

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Release date

March 2024

Region

Worldwide

Survey time period

2023

Special properties

* Figures from this year onward are forecast

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Statistics on " Residential solar market in the U.S. "

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Other statistics that may interest you Residential solar market in the U.S.

Overview

5

Installations

5

Capacity and generation

5

Companies

6

Costs

4

Public opinion

4

Outlook

6

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Topics

U.S. residential solar photovoltaicsGlobal solar photovoltaicsU.S. solar photovoltaicsWind power in the U.S.Renewable energy in the U.S.
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