Residential - Solar Pv Modules Market Statistics
The global residential solar pv modules market size was valued at US$ 52,139.1 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030.
Residential - Solar pv modules market highlights
- The global residential segment generated a revenue of USD 52,139.1 million in 2023 and is expected to reach USD 93,451.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 52,139.1 million |
| Market revenue in 2030 | USD 93,451.8 million |
| Growth rate | 8.7% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Solar PV Modules Market Scope
Solar pv modules market segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
Germany
France
Japan
China
India
Brazil
Saudi Arabia
UAE
UK
Russia
Australia
Solar PV Modules Market Outlook
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