U.S. Residential Solar PV Market Size Is Projected To Reach USD 14.1 Billion By 2028
San Francisco, 11 March 2022: The Report U.S. Residential Solar PV Market Size, Share & Trends Analysis Report By Construction, By State (California, New York, Arizona, New Jersey, Massachusetts, Texas, Rest Of the U.S.), And Segment Forecasts, 2021 - 2028 The U.S. residential solar PV market size is expected to reach USD 14.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Factors such as rising demand for renewable clean power generation and government policies related to incentives and tax rebates for solar PV (photovoltaic) systems are expected to drive the market over the forecast period. Increasing awareness among people regarding the use of low carbon-intensive technologies to limit carbon footprint is one of the major factors driving the adoption of solar PV systems in the U.S. residential sector. The rejoining of the U.S. in the Paris C...