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The solar photovoltaic (PV) market is forecasted to grow by USD 58.46 billion during 2024-2029, accelerating at a CAGR of 8.9% during the forecast period. The report on the solar photovoltaic (PV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government support for solar power technology, increasing focus on renewable energy, and declining cost of solar photovoltaic cells.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The solar photovoltaic (PV) market is segmented as below:
By Deployment
- Ground-mounted
- Rooftop
By End-user
- Commercial
- Residential
- Utility
By Technology
- Monocrystalline silicon
- Polycrystalline silicon
- Thin-film
- Bifacial solar panels
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the solar photovoltaic (PV) market covers the following areas:
- Solar Photovoltaic (PV) Market sizing
- Solar Photovoltaic (PV) Market forecast
- Solar Photovoltaic (PV) Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Deployment
9 Market Segmentation by End-user
10 Market Segmentation by Technology
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global solar photovoltaic (PV) market: ABB Ltd., All Earth Renewables, Canadian Solar Inc., Eaton Corp. plc, EMMVEE SOLAR, First Solar Inc., Hanwha Corp., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Mitsubishi Electric Corp., Sharp Corp., SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., Tongwei Co. Ltd., Trina Solar Co. Ltd., Waaree Energies Ltd., Wuxi Suntech Power Co. Ltd., Yingli Solar, and Zhejiang CHINT Electrics Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on decarbonization by companies."
According to the report, one of the major drivers for this market is the increasing government support for solar power technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- All Earth Renewables
- Canadian Solar Inc.
- Eaton Corp. plc
- EMMVEE SOLAR
- First Solar Inc.
- Hanwha Corp.
- JA Solar Technology Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- LONGi Green Energy Technology Co. Ltd.
- Mitsubishi Electric Corp.
- Sharp Corp.
- SMA Solar Technology AG
- Sungrow Power Supply Co. Ltd.
- Tongwei Co. Ltd.
- Trina Solar Co. Ltd.
- Waaree Energies Ltd.
- Wuxi Suntech Power Co. Ltd.
- Yingli Solar
- Zhejiang CHINT Electrics Co. Ltd.