In a recent in-depth analysis of the residential solar industry, encompassing market share, growth trends, and a regional perspective, IMARC Group released its report titled “UK Residential Solar Market Size, Share, Trends, and Forecast by Technology, Type, Connectivity, and Region 2025-2033.”
Data from 2024 reveals that the UK’s residential solar market was valued at 946.85 million. It is projected to surge to 3.12806 billion by 2033, with an expected compound annual growth rate (CAGR) of 14.20% between 2025 and 2033.
The development trends in the UK’s residential solar market indicate that it is undergoing significant transformations driven by technological innovations and shifts in consumer preferences.
Against the backdrop of rising electricity costs and growing environmental awareness, an increasing number of homeowners are opting to install solar panels.
The integration of battery energy storage systems is becoming more and more commonplace. This enables households to maximize their self-sufficiency and reduce their reliance on the power grid.
As the market continues to evolve, these factors are likely to play a pivotal role in shaping the future landscape of the UK’s residential solar sector, offering both opportunities and challenges for industry stakeholders.
