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The US residential solar market size is forecast to increase by USD 7.87 billion at a CAGR of 10.16% between 2023 and 2028. The residential solar market in the US is experiencing significant growth, driven by several key factors. Firstly, increasing investments in renewable energy continue to fuel market expansion, as homeowners seek to reduce their carbon footprint and energy costs. Secondly, the adoption of residential energy storage as virtual power plants is gaining traction, enabling solar energy to be used during peak hours and providing backup power during outages. Lastly, the availability of alternative solar technologies, such as thin-film and building-integrated photovoltaics, is expanding the market's reach and catering to diverse customer needs. These trends are expected to continue shaping the residential solar market in the US, driving innovation and growth in the industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Location
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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