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市场调查报告书
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1406434

住宅发电市场 - 全球产业规模、份额、趋势、机会和预测，按类型、技术、额定功率、按应用、配销通路、地区、竞争细分，2018-2028 年

Residential Power Generation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Technology, By Power Rating, By Application, By Distribution Channel, By Region, By Competition, 2018-2028
出版日期: | 出版商: TechSci Research | 英文 178 Pages | 商品交期: 2-3个工作天内

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简介目录

2022 年全球住宅发电市场估值为 4,500.8 亿美元，预计在预测期内将强劲成长，到 2028 年CAGR为 15.19%。

住宅发电市场是指专注于房主在自己的住宅物业内发电的能源产业部分。在这个市场中，个人和家庭在其住宅上或附近安装和操作各种发电系统，以产生个人消费的电力。这些系统通常包括太阳能光伏（PV）面板、风力涡轮机、微电网和电池等储能解决方案。

住宅发电市场的主要目标是使房主有能力发电（通常来自阳光或风能等再生能源），减少对传统集中式电网的依赖。这种向分散式能源生产的转变具有多种优势，包括减少能源费用、降低温室气体排放以及提高电网停电期间的能源弹性。

市场概况
预测期 2024-2028
2022 年市场规模 4500.8亿美元
2028 年市场规模 10608.9亿美元
2023-2028 年CAGR 15.19%
成长最快的细分市场 离网
最大的市场 亚太

政府政策、激励措施和技术进步在推动该市场的成长方面发挥了关键作用。随着世界拥抱永续和清洁能源解决方案，住宅发电市场不断扩大，有助于全球向更环保和自给自足的能源转型。

目录

第 1 章：产品概述

  • 市场定义
  • 市场范围
    • 涵盖的市场
    • 考虑学习的年份
  • 主要市场区隔

第 2 章：研究方法

  • 研究目的
  • 基线方法
  • 范围的製定
  • 假设和限制
  • 研究来源
    • 二次研究
    • 初步研究
  • 市场研究方法
    • 自下而上的方法
    • 自上而下的方法
  • 计算市场规模和市场份额所遵循的方法
  • 预测方法
    • 数据三角测量与验证

第 3 章：执行摘要

第 4 章：客户之声

第 5 章：全球住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依类型（併网、离网），
    • 按技术（太阳能、风能、水力、生质能、地热），
    • 依额定功率（小于 4 kW、4-8 kW、8-17 kW、大于 17 kW），
    • 按应用（自用、备用电源、併网），
    • 按配销通路（直接面向消费者、零售、线上）
    • 按地区
    • 按公司划分 (2022)
  • 市场地图

第 6 章：北美住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 依技术
    • 按额定功率
    • 按应用
    • 按配销通路
    • 按国家/地区
  • 北美：国家分析
    • 美国
    • 加拿大
    • 墨西哥

第 7 章：欧洲住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 依技术
    • 按额定功率
    • 按应用
    • 按配销通路
    • 按国家/地区
  • 欧洲：国家分析
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙

第 8 章：亚太地区住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 依技术
    • 按额定功率
    • 按应用
    • 按配销通路
    • 按国家/地区
  • 亚太地区：国家分析
    • 中国
    • 印度
    • 日本
    • 韩国
    • 澳洲

第 9 章：南美洲住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 依技术
    • 按额定功率
    • 按应用
    • 按配销通路
    • 按国家/地区
  • 南美洲：国家分析
    • 巴西
    • 阿根廷
    • 哥伦比亚

第 10 章：中东和非洲住宅发电市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按类型
    • 依技术
    • 按额定功率
    • 按应用
    • 按配销通路
    • 按国家/地区
  • 中东和非洲：国家分析
    • 南非住宅发电
    • 沙乌地阿拉伯住宅发电
    • 阿联酋住宅发电
    • 科威特住宅发电
    • 土耳其住宅发电

第 11 章：市场动态

  • 司机
  • 挑战

第 12 章：市场趋势与发展

第 13 章：公司简介

  • 通用电气公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 西门子能源公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 三菱日立电力系统股份有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 卡特彼勒公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 康明斯公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 瓦锡兰公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 艾默生电气公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 伊顿公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • ABB有限公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered
  • 施耐德电机公司
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel/Key Contact Person
    • Key Product/Services Offered

第 14 章：策略建议

第 15 章：关于我们与免责声明

简介目录
Product Code: 19607

Global Residential Power Generation Market was valued at USD 450.08 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 15.19% through 2028.

The residential power generation market refers to the segment of the energy industry focused on the production of electricity by homeowners within their own residential properties. In this market, individuals and households install and operate various power generation systems on or near their homes to generate electrical energy for personal consumption. These systems commonly include solar photovoltaic (PV) panels, wind turbines, microgrids, and energy storage solutions like batteries.

The key objective of the residential power generation market is to empower homeowners with the capacity to produce their electricity, often from renewable sources such as sunlight or wind, reducing their reliance on traditional centralized power grids. This transition towards decentralized energy production offers several advantages, including reduced energy bills, lower greenhouse gas emissions, and increased energy resilience during grid outages.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 450.08 Billion
Market Size 2028USD 1060.89 Billion
CAGR 2023-202815.19%
Fastest Growing SegmentOff-Grid
Largest MarketAsia-Pacific

Government policies, incentives, and advancements in technology have played pivotal roles in driving the growth of this market. As the world embraces sustainable and clean energy solutions, the residential power generation market continues to expand, contributing to the global transition toward more environmentally friendly and self-sufficient energy sources.

Key Market Drivers

Increasing Energy Demand and Electrification Efforts

The global residential power generation market is experiencing significant growth due to the ever-increasing demand for energy. As populations expand and urbanize, there is a greater need for electricity to power homes, appliances, and electronic devices. This demand is further exacerbated by the electrification of various sectors such as transportation and heating, which are shifting from fossil fuels to electricity. As a result, residential power generation solutions are gaining prominence as a means to meet this escalating demand.

With the rise in electric vehicles (EVs) and the electrification of heating and cooling systems, homeowners are looking for ways to generate their own electricity to reduce their reliance on the grid. This trend is driving the adoption of residential power generation technologies like solar panels, wind turbines, and microgrids. These solutions enable homeowners to generate clean and sustainable electricity, reducing their carbon footprint and energy costs.

Falling Costs of Renewable Energy Technologies

The decreasing costs of renewable energy technologies are a major driver of the global residential power generation market. Over the past decade, the cost of solar panels, wind turbines, and energy storage systems has significantly decreased, making these technologies more affordable for homeowners. This cost reduction is primarily driven by advancements in technology, economies of scale, and increased competition in the renewable energy market.

Solar photovoltaic (PV) systems, in particular, have become increasingly cost-effective. The declining cost of solar panels and inverters, coupled with generous government incentives and tax credits in many regions, has made solar power an attractive option for residential consumers. Wind turbines are also becoming more affordable and efficient, especially in areas with strong and consistent wind resources.

The affordability of renewable energy technologies is encouraging more homeowners to invest in residential power generation, leading to market growth.

Environmental Awareness and Sustainability Goals

Growing environmental awareness and sustainability goals are compelling homeowners to embrace residential power generation technologies. Concerns about climate change, air pollution, and fossil fuel depletion have motivated individuals and communities to reduce their carbon footprint and transition to clean energy sources.

Residential power generation solutions like solar panels and wind turbines offer homeowners the opportunity to generate their own renewable electricity, reducing their reliance on fossil fuels and lowering greenhouse gas emissions. Additionally, energy storage systems enable homeowners to store excess energy for later use, enhancing the reliability and resilience of their power supply.

Governments and environmental organizations are also promoting the adoption of residential power generation as a means to achieve sustainability targets. Incentives, rebates, and net metering programs further encourage homeowners to invest in clean energy solutions.

Energy Independence and Grid Resilience

Energy independence and grid resilience are becoming increasingly important drivers of the global residential power generation market. Homeowners are recognizing the benefits of having their own power generation systems to ensure a reliable electricity supply during grid outages or disruptions.

Residential power generation solutions, such as solar panels and energy storage systems, provide homeowners with a degree of energy independence. They can generate and store their electricity, reducing their vulnerability to power outages caused by severe weather events, grid failures, or other emergencies. This increased resilience is particularly appealing to homeowners in regions prone to blackouts or those seeking greater control over their energy supply.

Moreover, microgrid technology is gaining traction, allowing communities to create localized energy systems that can operate independently from the main grid when necessary. This level of self-sufficiency is fostering the growth of the residential power generation market.

Technological Advancements and Energy Efficiency

Continuous technological advancements are driving the global residential power generation market forward. Innovations in solar panel efficiency, energy storage systems, and smart home technologies are making residential power generation more effective and convenient for homeowners.

Efficiency improvements in solar panels and wind turbines are increasing the energy output from these systems, maximizing the return on investment for homeowners. Additionally, energy storage systems are becoming more advanced, with increased capacity and faster response times, enabling homeowners to store excess energy and use it more effectively.

Smart home technologies and integrated energy management systems are also enhancing the user experience and enabling homeowners to optimize their energy consumption. These technologies allow homeowners to monitor and control their power generation and consumption remotely, further increasing the appeal of residential power generation solutions.

Government Policies and Incentives

Government policies and incentives play a crucial role in driving the adoption of residential power generation technologies. Many governments worldwide are implementing policies to promote clean energy adoption and reduce greenhouse gas emissions. These policies often include subsidies, tax incentives, feed-in tariffs, and net metering programs that make residential power generation more financially attractive.

For example, tax credits and rebates for solar panel installations can significantly reduce the upfront costs for homeowners. Net metering programs allow homeowners to sell excess electricity generated by their residential power generation systems back to the grid, providing a financial incentive for adopting renewable energy technologies.

In conclusion, the global residential power generation market is experiencing robust growth driven by increasing energy demand, falling renewable energy technology costs, environmental awareness, energy independence, technological advancements, and supportive government policies. These drivers are collectively shaping a future where residential power generation plays a pivotal role in meeting energy needs sustainably and efficiently.

Government Policies are Likely to Propel the Market

Feed-in Tariffs to Encourage Renewable Energy Adoption

Feed-in tariffs (FiTs) are a vital government policy tool employed globally to incentivize residential power generation from renewable sources such as solar and wind. These policies are designed to promote the adoption of clean energy technologies by offering financial incentives to homeowners who generate excess electricity and feed it back into the grid.

Under a feed-in tariff system, residential power generation system owners receive a guaranteed payment for every unit of electricity they generate and feed into the grid. This payment is typically higher than the market rate for electricity, providing homeowners with a reliable source of income and a faster return on their investment in renewable energy technologies.

Feed-in tariffs not only make residential power generation more financially attractive but also contribute to the growth of the renewable energy sector, reduce greenhouse gas emissions, and enhance energy security. Many countries have successfully implemented FiTs to support the expansion of their residential power generation markets and transition to a more sustainable energy future.

Net Metering to Promote Energy Independence

Net metering is a government policy that promotes residential power generation by allowing homeowners to offset their electricity bills with the excess energy they generate and feed into the grid. This policy encourages homeowners to invest in solar panels, wind turbines, and other renewable energy technologies.

Under a net metering system, residential power generation system owners are credited for the surplus electricity they produce, which can be used to offset their future electricity consumption. If a homeowner generates more electricity than they consume over a specified period, they may receive a monetary credit or have the option to roll over excess credits to subsequent billing cycles.

Net metering enhances energy independence by reducing homeowners' reliance on the grid and enabling them to produce and consume their own clean energy. It also supports the integration of renewable energy sources into the grid, contributing to a more resilient and sustainable energy infrastructure.

Renewable Portfolio Standards (RPS) to Drive Renewable Energy Adoption

Renewable Portfolio Standards (RPS), also known as Renewable Energy Standards (RES) in some regions, are government policies that mandate a certain percentage of a state or country's electricity generation to come from renewable sources. These policies play a crucial role in promoting residential power generation by creating a strong market demand for clean energy.

Under RPS regulations, utilities and electricity providers are required to source a specified portion of their electricity from renewable sources like solar, wind, and biomass. To meet these standards, utilities often incentivize residential power generation through programs that offer financial incentives, rebates, and simplified interconnection processes for homeowners.

RPS policies provide long-term market certainty for renewable energy investments, making it more attractive for homeowners to install solar panels and other residential power generation systems. They contribute to greenhouse gas reduction goals, energy diversification, and job creation in the renewable energy sector.

Tax Incentives and Rebates for Residential Power Generation

Tax incentives and rebates are common government policies used to promote residential power generation. These policies provide financial relief to homeowners who invest in renewable energy technologies by reducing the upfront costs associated with installation.

Tax incentives typically come in the form of tax credits or deductions, allowing homeowners to reduce their income tax liability based on the cost of their residential power generation system. Rebate programs, on the other hand, offer direct cash incentives or refunds for a portion of the system's purchase and installation costs.

These policies make renewable energy technologies more affordable and accessible to a broader range of homeowners, encouraging them to adopt residential power generation solutions. By reducing the financial barriers to entry, tax incentives and rebates help drive market growth and advance sustainability goals.

Green Building Standards and Energy Efficiency Requirements

Many governments have implemented green building standards and energy efficiency requirements to promote sustainable construction and residential power generation. These policies aim to ensure that new residential buildings meet specific energy efficiency and sustainability criteria, often including the integration of renewable energy systems.

Green building standards may require newly constructed homes to incorporate renewable energy technologies such as solar panels or solar water heaters. These requirements encourage homeowners to invest in residential power generation as part of their construction or renovation projects.

By promoting energy-efficient building practices and the use of renewable energy sources, these policies contribute to reduced energy consumption, lower utility bills, and a smaller environmental footprint. They align with broader sustainability goals and promote the adoption of residential power generation as a key component of eco-friendly housing.

Research and Development Funding for Innovative Technologies

Government funding for research and development (R&D) of innovative residential power generation technologies is another essential policy driver in the global market. By providing financial support to researchers and companies working on cutting-edge solutions, governments can accelerate the development and commercialization of advanced residential power generation systems.

These policies often take the form of grants, subsidies, and competitive funding programs aimed at spurring innovation in the renewable energy sector. R&D funding can support projects focused on improving the efficiency, reliability, and affordability of residential power generation technologies.

By fostering innovation, these policies contribute to the continuous improvement of residential power generation options, making them more appealing and accessible to homeowners. They also strengthen a country's position in the global renewable energy market and drive economic growth through technological advancement.

In conclusion, government policies are pivotal in shaping the global residential power generation market. Feed-in tariffs, net metering, renewable portfolio standards, tax incentives, green building standards, and R&D funding collectively drive the adoption of clean energy technologies, reduce greenhouse gas emissions, and promote energy independence. These policies play a critical role in advancing the transition to a more sustainable and resilient energy future.

Key Market Challenges

Grid Integration and Energy Storage

One of the primary challenges facing the global residential power generation market is the seamless integration of decentralized, intermittent renewable energy sources into existing electrical grids. Residential power generation systems, such as solar panels and wind turbines, produce electricity when the sun is shining or the wind is blowing, but not necessarily when homeowners need it. This intermittency poses several significant challenges:

Grid Stability: The variability of renewable energy generation can strain the stability of electrical grids. Sudden fluctuations in electricity production can lead to voltage and frequency variations, potentially causing grid instability and power outages.

Grid Infrastructure: Upgrading existing grid infrastructure to accommodate distributed generation can be costly and time-consuming. Many electrical grids were designed for one-way energy flow, from centralized power plants to consumers, and may not be well-suited to handle the reverse flow of electricity from residential power generation systems back into the grid.

Energy Storage: While energy storage technologies like batteries are evolving rapidly, their cost remains a barrier for many homeowners. Affordable and efficient energy storage solutions are needed to store excess energy generated during sunny or windy periods for use when the sun is not shining or the wind is not blowing.

Grid Management: Utilities and grid operators need sophisticated management and control systems to balance supply and demand in real-time, especially as more residential power generation systems come online. This requires investments in advanced grid management technologies and demand-response programs.

Addressing these grid integration challenges requires collaboration between governments, utilities, and technology providers. Policymakers must create regulatory frameworks that incentivize grid upgrades and support the deployment of energy storage solutions. Additionally, continued research and development in energy storage technologies are essential to making these systems more affordable and efficient for homeowners.

Financing and Affordability

Another significant challenge in the global residential power generation market is financing and affordability. While the cost of renewable energy technologies has been declining steadily, many homeowners still face barriers to adopting residential power generation systems:

Upfront Costs: The initial capital outlay for purchasing and installing solar panels, wind turbines, or other residential power generation systems can be substantial. Even with incentives and rebates, homeowners may struggle to cover these upfront costs.

Access to Financing: Many homeowners may lack access to affordable financing options for renewable energy installations. Traditional financing routes, such as bank loans or home equity lines of credit, may not be easily accessible to all, especially those with lower credit scores or limited financial resources.

Return on Investment: Homeowners often seek assurance that their investment in residential power generation will yield long-term cost savings and a reasonable return on investment. Understanding the financial benefits, payback periods, and potential energy bill savings can be challenging for consumers.

Incentive Programs: The availability and stability of government incentives and rebates for residential power generation systems can vary widely by region and may change over time. This uncertainty can deter homeowners from making investments.

To overcome these financing and affordability challenges, governments, financial institutions, and renewable energy providers can take several steps:

Innovative Financing Models: Develop innovative financing models such as solar leasing, power purchase agreements (PPAs), or community solar programs that reduce the upfront costs and provide homeowners with predictable energy costs.

Education and Outreach: Increase consumer awareness and education about the financial benefits of residential power generation systems, including long-term energy savings and potential incentives.

Financial Inclusion: Ensure that financing options are accessible to a broad range of homeowners, including those with lower incomes or credit challenges, by offering flexible terms and low-interest loans.

Stable Incentive Programs: Governments should commit to stable, long-term incentive programs that provide homeowners with confidence in their investments and reduce uncertainty.

In conclusion, while the global residential power generation market is growing rapidly, it faces significant challenges related to grid integration and energy storage, as well as financing and affordability. Addressing these challenges will require a coordinated effort from governments, utilities, financial institutions, and technology providers to make renewable energy solutions accessible and reliable for homeowners worldwide.

Segmental Insights

On-Grid Insights

The On-Grid segment held the largest market share in 2022. In many developed regions, the electrical grid is highly reliable, with minimal power outages or disruptions. Homeowners in these areas prefer on-grid systems because they can rely on the grid as a backup source of electricity when their renewable energy generation is insufficient, such as during cloudy days or at night. On-grid systems are generally easier and less expensive to install compared to off-grid systems. Homeowners do not need to invest in extensive energy storage solutions (e.g., batteries) to maintain a constant power supply. This ease of installation can make on-grid systems more attractive, especially for those looking for a straightforward renewable energy solution. Many regions offer financial incentives and regulatory support for on-grid solar power installations. These incentives often include net metering programs that allow homeowners to sell excess electricity back to the grid, providing financial benefits and reducing the payback period for their investments. On-grid systems typically have lower upfront costs than off-grid systems because they don't require the purchase of expensive batteries for energy storage. This lower initial investment can make on-grid solutions more accessible to a broader range of homeowners. On-grid systems still contribute to reducing greenhouse gas emissions by generating clean energy from renewable sources. Homeowners who choose on-grid systems can lower their carbon footprint and contribute to sustainability goals without necessarily needing to disconnect entirely from the grid. On-grid systems are particularly well-suited for urban and suburban areas with well-developed grid infrastructure. Most residential areas in these regions have easy access to the grid, making on-grid solutions the logical choice for homeowners. Advancements in smart grid technology and grid management systems have improved the integration of on-grid renewable energy sources. These technologies enable better control, monitoring, and optimization of on-grid systems, enhancing their overall performance and reliability.

Solar Insights

The Solar segment held the largest market share in 2022. Solar energy is a virtually unlimited and widely distributed resource. Sunlight is available in abundance in most parts of the world, making solar power accessible to a large portion of the global population. This resource abundance ensures that solar power is a reliable and available option for residential energy generation. Over the years, the cost of solar technology, especially solar panels, has significantly decreased. Technological advancements, economies of scale, and increased competition in the solar industry have all contributed to making solar power more cost-efficient. As a result, homeowners find solar installations increasingly affordable, with shorter payback periods and attractive return on investment (ROI). Solar photovoltaic (PV) systems are modular and scalable, which allows homeowners to start with small installations and expand them over time. This flexibility caters to varying energy needs and budgets, making solar power accessible to a wide range of residential consumers. Solar PV systems can be seamlessly integrated into the existing electrical grid. This integration is supported by net metering programs, which allow homeowners to sell excess electricity back to the grid and draw power when their solar generation is insufficient. This grid compatibility ensures a stable power supply for residential consumers. Solar power is a clean and renewable energy source. Solar panels generate electricity without producing greenhouse gas emissions or other harmful pollutants during operation. Homeowners who choose solar power can significantly reduce their carbon footprint and contribute to environmental sustainability. Many governments around the world offer incentives, tax credits, rebates, and feed-in tariffs to encourage residential solar installations. These incentives reduce the upfront costs for homeowners and enhance the financial attractiveness of solar power. Solar power offers homeowners a degree of energy independence. By generating their electricity, homeowners can reduce their reliance on utility companies and have greater control over their energy supply. This is particularly appealing in regions prone to power outages or with unreliable grid infrastructure. Ongoing advancements in solar technology, including improvements in solar panel efficiency and energy storage solutions, continue to enhance the performance and reliability of solar power systems. These advancements drive further adoption. Increasing awareness of the environmental impacts of traditional fossil fuel-based energy sources and the benefits of renewable energy has led many consumers to proactively seek out solar power solutions for their homes. As more homeowners adopt solar power, it creates a positive feedback loop. The growing market demand drives further innovation, economies of scale, and cost reductions, making solar power even more appealing to a broader audience.

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Regional Insights

Asia Pacific

The Asia Pacific region is the largest and fastest-growing market for residential power generation. The region is home to some of the world's most populous countries, including China, India, and Indonesia, which are experiencing rapid economic growth and urbanization. As a result, the demand for electricity in the region is expected to increase significantly in the coming years.

The growth of the residential power generation market in the Asia Pacific region is also being driven by government initiatives to promote the use of renewable energy sources. Many countries in the region have set ambitious targets for renewable energy deployment, and they are providing financial incentives and other support mechanisms to encourage households to install solar panels and other renewable energy systems.

North America

North America is the second-largest market for residential power generation. The United States is the largest market in the region, followed by Canada. The residential power generation market in North America is being driven by a number of factors, including:

Increasing demand for electricity due to rising urbanization and industrialization

Growing awareness of the benefits of renewable energy sources

Government initiatives to promote the use of renewable energy.

Decreasing costs of renewable energy technologies

Europe

Europe is the third-largest market for residential power generation. The market in Europe is being driven by a number of factors, including:

Increasing demand for electricity due to rising urbanization and industrialization

Growing awareness of the benefits of renewable energy sources

Government initiatives to promote the use of renewable energy.

Decreasing costs of renewable energy technologies.

Key Market Players

General Electric Company

Siemens Energy AG

Mitsubishi Hitachi Power Systems, Ltd.

Caterpillar Inc.

Cummins Inc.

Wartsila Oyj

Emerson Electric Co.

Eaton Corporation plc

ABB Ltd.

Schneider Electric SE

Report Scope:

In this report, the Global Residential Power Generation Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Residential Power Generation Market, By Type:

  • On-Grid
  • Off-Grid

Residential Power Generation Market, By Technology:

  • Solar
  • Wind
  • Hydro
  • Biomass
  • Geothermal

Residential Power Generation Market, By Power Rating:

  • Less than 4 kW
  • 4-8 kW
  • 8-17 kW
  • More than 17 kW

Residential Power Generation Market, By Application:

  • Self-Consumption
  • Backup Power
  • Grid-Connected

Residential Power Generation Market, By Distribution Channel:

  • Direct-To-Consumer
  • Retail
  • Online

Residential Power Generation Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Residential Power Generation Market.

Available Customizations:

  • Global Residential Power Generation 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).

Table of Contents

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
  • 1.3. 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. Voice of Customer

5. Global Residential Power Generation Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type (On-Grid, Off-Grid),
    • 5.2.2. By Technology (Solar, Wind, Hydro, Biomass, Geothermal),
    • 5.2.3. By Power Rating (Less than 4 kW, 4-8 kW, 8-17 kW, More than 17 kW),
    • 5.2.4. By Application (Self-Consumption, Backup Power, Grid-Connected),
    • 5.2.5. By Distribution Channel (Direct-To-Consumer, Retail, Online)
    • 5.2.6. By Region
    • 5.2.7. By Company (2022)
  • 5.3. Market Map

6. North America Residential Power Generation Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type
    • 6.2.2. By Technology
    • 6.2.3. By Power Rating
    • 6.2.4. By Application
    • 6.2.5. By Distribution Channel
    • 6.2.6. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Residential Power Generation Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Type
        • 6.3.1.2.2. By Technology
        • 6.3.1.2.3. By Power Rating
        • 6.3.1.2.4. By Application
        • 6.3.1.2.5. By Distribution Channel
    • 6.3.2. Canada Residential Power Generation Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Type
        • 6.3.2.2.2. By Technology
        • 6.3.2.2.3. By Power Rating
        • 6.3.2.2.4. By Application
        • 6.3.2.2.5. By Distribution Channel
    • 6.3.3. Mexico Residential Power Generation Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Type
        • 6.3.3.2.2. By Technology
        • 6.3.3.2.3. By Power Rating
        • 6.3.3.2.4. By Application
        • 6.3.3.2.5. By Distribution Channel

7. Europe Residential Power Generation Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type
    • 7.2.2. By Technology
    • 7.2.3. By Power Rating
    • 7.2.4. By Application
    • 7.2.5. By Distribution Channel
    • 7.2.6. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Residential Power Generation Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Type
        • 7.3.1.2.2. By Technology
        • 7.3.1.2.3. By Power Rating
        • 7.3.1.2.4. By Application
        • 7.3.1.2.5. By Distribution Channel
    • 7.3.2. United Kingdom Residential Power Generation Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Type
        • 7.3.2.2.2. By Technology
        • 7.3.2.2.3. By Power Rating
        • 7.3.2.2.4. By Application
        • 7.3.2.2.5. By Distribution Channel
    • 7.3.3. Italy Residential Power Generation Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Type
        • 7.3.3.2.2. By Technology
        • 7.3.3.2.3. By Power Rating
        • 7.3.3.2.4. By Application
        • 7.3.3.2.5. By Distribution Channel
    • 7.3.4. France Residential Power Generation Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Type
        • 7.3.4.2.2. By Technology
        • 7.3.4.2.3. By Power Rating
        • 7.3.4.2.4. By Application
        • 7.3.4.2.5. By Distribution Channel
    • 7.3.5. Spain Residential Power Generation Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Type
        • 7.3.5.2.2. By Technology
        • 7.3.5.2.3. By Power Rating
        • 7.3.5.2.4. By Application
        • 7.3.5.2.5. By Distribution Channel

8. Asia-Pacific Residential Power Generation Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type
    • 8.2.2. By Technology
    • 8.2.3. By Power Rating
    • 8.2.4. By Application
    • 8.2.5. By Distribution Channel
    • 8.2.6. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Residential Power Generation Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Type
        • 8.3.1.2.2. By Technology
        • 8.3.1.2.3. By Power Rating
        • 8.3.1.2.4. By Application
        • 8.3.1.2.5. By Distribution Channel
    • 8.3.2. India Residential Power Generation Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Type
        • 8.3.2.2.2. By Technology
        • 8.3.2.2.3. By Power Rating
        • 8.3.2.2.4. By Application
        • 8.3.2.2.5. By Distribution Channel
    • 8.3.3. Japan Residential Power Generation Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Type
        • 8.3.3.2.2. By Technology
        • 8.3.3.2.3. By Power Rating
        • 8.3.3.2.4. By Application
        • 8.3.3.2.5. By Distribution Channel
    • 8.3.4. South Korea Residential Power Generation Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Type
        • 8.3.4.2.2. By Technology
        • 8.3.4.2.3. By Power Rating
        • 8.3.4.2.4. By Application
        • 8.3.4.2.5. By Distribution Channel
    • 8.3.5. Australia Residential Power Generation Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Type
        • 8.3.5.2.2. By Technology
        • 8.3.5.2.3. By Power Rating
        • 8.3.5.2.4. By Application
        • 8.3.5.2.5. By Distribution Channel

9. South America Residential Power Generation Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type
    • 9.2.2. By Technology
    • 9.2.3. By Power Rating
    • 9.2.4. By Application
    • 9.2.5. By Distribution Channel
    • 9.2.6. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Residential Power Generation Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Type
        • 9.3.1.2.2. By Technology
        • 9.3.1.2.3. By Power Rating
        • 9.3.1.2.4. By Application
        • 9.3.1.2.5. By Distribution Channel
    • 9.3.2. Argentina Residential Power Generation Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Type
        • 9.3.2.2.2. By Technology
        • 9.3.2.2.3. By Power Rating
        • 9.3.2.2.4. By Application
        • 9.3.2.2.5. By Distribution Channel
    • 9.3.3. Colombia Residential Power Generation Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Type
        • 9.3.3.2.2. By Technology
        • 9.3.3.2.3. By Power Rating
        • 9.3.3.2.4. By Application
        • 9.3.3.2.5. By Distribution Channel

10. Middle East and Africa Residential Power Generation Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type
    • 10.2.2. By Technology
    • 10.2.3. By Power Rating
    • 10.2.4. By Application
    • 10.2.5. By Distribution Channel
    • 10.2.6. By Country
  • 10.3. Middle East and Africa: Country Analysis
    • 10.3.1. South Africa Residential Power Generation Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Type
        • 10.3.1.2.2. By Technology
        • 10.3.1.2.3. By Power Rating
        • 10.3.1.2.4. By Application
        • 10.3.1.2.5. By Distribution Channel
    • 10.3.2. Saudi Arabia Residential Power Generation Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Type
        • 10.3.2.2.2. By Technology
        • 10.3.2.2.3. By Power Rating
        • 10.3.2.2.4. By Application
        • 10.3.2.2.5. By Distribution Channel
    • 10.3.3. UAE Residential Power Generation Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Type
        • 10.3.3.2.2. By Technology
        • 10.3.3.2.3. By Power Rating
        • 10.3.3.2.4. By Application
        • 10.3.3.2.5. By Distribution Channel
    • 10.3.4. Kuwait Residential Power Generation Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Type
        • 10.3.4.2.2. By Technology
        • 10.3.4.2.3. By Power Rating
        • 10.3.4.2.4. By Application
        • 10.3.4.2.5. By Distribution Channel
    • 10.3.5. Turkey Residential Power Generation Market Outlook
      • 10.3.5.1. Market Size & Forecast
        • 10.3.5.1.1. By Value
      • 10.3.5.2. Market Share & Forecast
        • 10.3.5.2.1. By Type
        • 10.3.5.2.2. By Source
        • 10.3.5.2.3. By End User

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

13. Company Profiles

  • 13.1. General Electric Company
    • 13.1.1. Business Overview
    • 13.1.2. Key Revenue and Financials
    • 13.1.3. Recent Developments
    • 13.1.4. Key Personnel/Key Contact Person
    • 13.1.5. Key Product/Services Offered
  • 13.2. Siemens Energy AG
    • 13.2.1. Business Overview
    • 13.2.2. Key Revenue and Financials
    • 13.2.3. Recent Developments
    • 13.2.4. Key Personnel/Key Contact Person
    • 13.2.5. Key Product/Services Offered
  • 13.3. Mitsubishi Hitachi Power Systems, Ltd.
    • 13.3.1. Business Overview
    • 13.3.2. Key Revenue and Financials
    • 13.3.3. Recent Developments
    • 13.3.4. Key Personnel/Key Contact Person
    • 13.3.5. Key Product/Services Offered
  • 13.4. Caterpillar Inc.
    • 13.4.1. Business Overview
    • 13.4.2. Key Revenue and Financials
    • 13.4.3. Recent Developments
    • 13.4.4. Key Personnel/Key Contact Person
    • 13.4.5. Key Product/Services Offered
  • 13.5. Cummins Inc.
    • 13.5.1. Business Overview
    • 13.5.2. Key Revenue and Financials
    • 13.5.3. Recent Developments
    • 13.5.4. Key Personnel/Key Contact Person
    • 13.5.5. Key Product/Services Offered
  • 13.6. Wartsila Oyj
    • 13.6.1. Business Overview
    • 13.6.2. Key Revenue and Financials
    • 13.6.3. Recent Developments
    • 13.6.4. Key Personnel/Key Contact Person
    • 13.6.5. Key Product/Services Offered
  • 13.7. Emerson Electric Co.
    • 13.7.1. Business Overview
    • 13.7.2. Key Revenue and Financials
    • 13.7.3. Recent Developments
    • 13.7.4. Key Personnel/Key Contact Person
    • 13.7.5. Key Product/Services Offered
  • 13.8. Eaton Corporation plc
    • 13.8.1. Business Overview
    • 13.8.2. Key Revenue and Financials
    • 13.8.3. Recent Developments
    • 13.8.4. Key Personnel/Key Contact Person
    • 13.8.5. Key Product/Services Offered
  • 13.9. ABB Ltd.
    • 13.9.1. Business Overview
    • 13.9.2. Key Revenue and Financials
    • 13.9.3. Recent Developments
    • 13.9.4. Key Personnel/Key Contact Person
    • 13.9.5. Key Product/Services Offered
  • 13.10. Schneider Electric SE
    • 13.10.1. Business Overview
    • 13.10.2. Key Revenue and Financials
    • 13.10.3. Recent Developments
    • 13.10.4. Key Personnel/Key Contact Person
    • 13.10.5. Key Product/Services Offered

14. Strategic Recommendations

15. About Us & Disclaimer