Solar Lease Service Market is estimated to be valued at USD 20.91 Bn in 2025 and is expected to reach USD 69.42 Bn by 2032, growing at a compound annual growth rate (CAGR) of 18.7% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 20.91 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
18.70%
2032 Value Projection:
USD 69.42 Bn
The solar lease industry is growing fast, providing a chance for people and businesses to use solar power without having to spend a lot of money upfront. With this service, customers can rent solar panels and equipment from solar power companies, giving them access to clean and renewable energy and helping them rely less on conventional power sources.
The concept of solar leasing has gained significant traction in recent years, driven by the increasing awareness of the environmental benefits of solar energy and the rising cost of electricity. By choosing a solar lease service, customers can enjoy the advantages of solar power without the need for substantial capital investment. This has made solar energy accessible to a wider audience, including homeowners, businesses, and even non-profit organizations.
Market Dynamics:
The solar lease service market is expected to witness significant growth in the coming years due to several key factors. One of the primary drivers of this growth is the increasing demand for clean and sustainable energy solutions. With concerns over climate change and the need to reduce carbon emissions, solar energy has emerged as an attractive alternative to fossil fuels. The affordability and flexibility offered by solar lease services have played a crucial role in accelerating their adoption.
Furthermore, government initiatives and favorable policies aimed at promoting renewable energy have further propelled the growth of the solar lease service market. Incentives such as tax credits, feed-in tariffs, and net metering have encouraged consumers to shift towards solar energy solutions. These policies have not only reduced the cost of installing solar panels but have also made it economically viable for solar power providers to offer lease services.
Although the solar lease service market offers immense growth prospects, it is not without its challenges. One of the major restraints faced by the market is the variation in the regulatory framework across different regions. The lack of standardized regulations and policies can create uncertainty and hinder market growth. Additionally, the high capital costs associated with setting up solar power infrastructure pose a challenge for small-scale solar lease service providers.
Key Features of the Study:
This report provides in-depth analysis of the global solar lease service market, including market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, with 2024 as the base year.
It elucidates potential revenue opportunities across different market segments and outlines attractive investment propositions for both existing and new players in the market.
The study provides insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players in the industry.
Key players in the global solar lease service market are profiled in this study, including their company highlights, product portfolios, financial performance, and key strategies employed.
The report includes a comprehensive list of key companies in the solar lease service market, allowing stakeholders to identify potential business partners and competitors.
Insights from this report would enable marketers and management authorities to make informed decisions regarding product launches, technological upgrades, market expansion, and marketing tactics.
The global solar lease service market report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders can benefit from various strategy matrices used in analyzing the global solar lease service market, facilitating informed decision-making.
Solar Lease Service Market Segmentation:
By Solar Panel Type
Monocrystalline
Polycrystalline
Thin Film
Others (CdTe, CIGS, etc.)
By Ownership Model
Third Party Ownership
Host Owned
Community Solar
Solar Leasing
Solar Power Purchase Agreement (PPA)
Others
By End User Industry
Residential
Commercial
Industrial
Utilities
Government & Non-profit
By Mounting Type
Ground Mounted
Rooftop
Floating PV
Building Integrated PV (BIPV)
Others
By Connection Type
On-Grid
Off-Grid
Hybrid
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Company Profiles
SunPower Corporation
Sunrun
Vivint, Inc.
Tesla
Jinko Solar.
Canadian Solar
Trina Solar
Hanwha Qcells Alle Rechte vorbehalten
LONGi
RISEN ENERGY Co., LTD.
GCL-SI
Talesun
First Solar
Palmetto Solar, LLC
Freedom Forever LLC
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Solar Lease Service Market, By End User Industry
Solar Lease Service Market, By Solar Panel Type
Solar Lease Service Market, By Ownership Model
Solar Lease Service Market, By Mounting Type
Solar Lease Service Market, By Connection Type
Solar Lease Service Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing solar power generation
Declining solar panel installation costs.
Restraints
Disconnect between Developers and Customers
Complex Legal and Regulatory Requirements
Opportunities
Emerging markets in developing countries
Emergence of battery storage technology
Impact Analysis
Key HighlightsRegulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Solar Lease Service Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Solar Lease Service Market, By End User Industry, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Government & Non-profit
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
6. Solar Lease Service Market, By Solar Panel Type, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021- 2032
Segment Trends
Monocrystalline
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Polycrystalline
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Thin Film
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Others (CdTe, CIGS, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
7. Solar Lease Service Market, By Ownership Model, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021- 2032
Segment Trends
Third Party Ownership
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Host Owned
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Community Solar
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Solar Leasing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Solar Power Purchase Agreement (PPA)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
8. Solar Lease Service Market, By Mounting Type, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021- 2032
Segment Trends
Ground Mounted
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Rooftop
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Floating PV
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Building Integrated PV (BIPV)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
9. Solar Lease Service Market, By Connection Type, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021- 2032
Segment Trends
On-Grid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Off-Grid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Hybrid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
10. Solar Lease Service Market, By Region, 2020-2032, (US$ Billion)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Solar Panel Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Ownership Model, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Connection Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Billion)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Solar Panel Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Ownership Model, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Connection Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Billion)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Solar Panel Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Ownership Model, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Connection Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Billion)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Solar Panel Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Ownership Model, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Connection Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Solar Panel Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Ownership Model, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Mounting Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Connection Type, 2020-2032,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Billion)