North America Distributed Solar Market Size & Outlook
North America distributed solar market highlights
- The North America distributed solar market generated a revenue of USD 26,796.0 million in 2024.
- The market is expected to grow at a CAGR of 5.7% from 2025 to 2033.
- In terms of segment, monocrystalline (mono-si) was the largest revenue generating product type in 2024.
- Monocrystalline (Mono-Si) is the most lucrative product type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2024 | USD 26,796.0 million |
| Market revenue in 2033 | USD 44,579.9 million |
| Growth rate | 5.7% (CAGR from 2025 to 2033) |
| Largest segment | Monocrystalline (mono-si) |
| Fastest growing segment | Monocrystalline (Mono-Si) |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monocrystalline (Mono-Si) |
Other key industry trends
- In terms of revenue, North America region accounted for 22.0% of the global distributed solar market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 100,789.4 million by 2033.
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Distributed Solar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hanwha Q CELLS | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://hanwha-solarone.com |
| First Solar | View profile | 5001-10000 | Tempe, Arizona, United States, North America | http://www.firstsolar.com |
| TRINA SOLAR LTD | View profile | 10001+ | Changzhou, Zhejiang, China, Asia | http://www.trinasolar.com/ |
| JA SOLAR | View profile | 5001-10000 | Shanghai, Shanghai, China, Asia | http://jasolar.com |
| SMA Solar Technology AG | View profile | 4518 | Sonnenallee 1, Niestetal, Germany, 34266 | https://www.sma.de |
| SunPower Corp | View profile | 4710 | 51 Rio Robles, San Jose, CA, United States, 95134 | https://www.sunpower.com |
| Canadian Solar Inc | View profile | 22234 | 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 | https://www.canadiansolar.com |
| JinkoSolar Holding Co Ltd DR | View profile | 31030 | 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, China, People's Republic of, 334100 | https://www.jinkosolar.com/en |
| Enphase Energy Inc | View profile | 3157 | 47281 Bayside Parkway, Fremont, CA, United States, 94538 | https://www.enphase.com |
North America distributed solar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to distributed solar market will help companies and investors design strategic landscapes.
Monocrystalline (mono-si) was the largest segment with a revenue share of 106.52% in 2024. Horizon Databook has segmented the North America distributed solar market based on monocrystalline (mono-si) covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of distributed solar market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America distributed solar market , including forecasts for subscribers. This continent databook contains high-level insights into North America distributed solar market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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