According to our (Global Info Research) latest study, the global Home Photovoltaic Power Generation Equipment market size was valued at US$ 2599 million in 2024 and is forecast to a readjusted size of USD 6985 million by 2031 with a CAGR of 14.9% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Home photovoltaic power generation equipment refers to a system that converts sunlight into electrical energy through solar panels, usually including components such as solar panels, inverters, brackets, and battery energy storage systems. It can provide clean, renewable electricity to households, reduce dependence on traditional energy, reduce electricity bills, and support green and environmentally friendly living. The system can be scaled according to household electricity needs and can be connected to the grid or run independently.
The global market for home photovoltaic power generation equipment is expanding rapidly, mainly driven by the following trends:
1. Increased environmental awareness: As the global climate change problem intensifies, environmental awareness continues to grow among home consumers. More and more families choose to install photovoltaic power generation systems to reduce carbon emissions and achieve green energy self-sufficiency.
2. Government policy support: Many countries and regions provide incentives such as financial subsidies and tax breaks to promote the development of the home photovoltaic market. Especially in Europe, the United States and the Asia-Pacific region, policy support is an important factor in promoting the popularization of photovoltaic equipment.
3. Technological progress and cost reduction: The continuous advancement of photovoltaic power generation technology has improved equipment efficiency and significantly reduced production costs. This makes home photovoltaic equipment more affordable and attracts more home users to invest in installation.
4. Increased demand for energy independence: Global energy price fluctuations and unstable supply have prompted families to pay more attention to energy independence. Home photovoltaic systems provide users with a stable source of electricity, especially in remote areas and places with unstable power supply.
Overall, the home photovoltaic market is heading for rapid growth and is expected to become an important part of the global energy transition in the next few years.
This report is a detailed and comprehensive analysis for global Home Photovoltaic Power Generation Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Home Photovoltaic Power Generation Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Home Photovoltaic Power Generation Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Home Photovoltaic Power Generation Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Home Photovoltaic Power Generation Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Home Photovoltaic Power Generation Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Home Photovoltaic Power Generation Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SunPower, First Solar, LG Electronics, Panasonic, IBC Solar, Onyx Solar, NXP, LONGi, Jinko Solar, Trina Solar Limited, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Home Photovoltaic Power Generation Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Small Backup Generators
Large Whole-House Generators
Market segment by Application
Multifamily Homes
Single-Family Homes
Major players covered
SunPower
First Solar
LG Electronics
Panasonic
IBC Solar
Onyx Solar
NXP
LONGi
Jinko Solar
Trina Solar Limited
TONGWEI
JA Solar
Huawei
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Home Photovoltaic Power Generation Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Home Photovoltaic Power Generation Equipment, with price, sales quantity, revenue, and global market share of Home Photovoltaic Power Generation Equipment from 2020 to 2025.
Chapter 3, the Home Photovoltaic Power Generation Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Home Photovoltaic Power Generation Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Home Photovoltaic Power Generation Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Home Photovoltaic Power Generation Equipment.
Chapter 14 and 15, to describe Home Photovoltaic Power Generation Equipment sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Home Photovoltaic Power Generation Equipment. Industry analysis & Market Report on Home Photovoltaic Power Generation Equipment is a syndicated market report, published as Global Home Photovoltaic Power Generation Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Home Photovoltaic Power Generation Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.