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The solar power market in India is forecasted to grow by USD 273.82 bn during 2022-2027, accelerating at a CAGR of 34.24% during the forecast period. The report on the solar power market in India 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 investments in renewable energy, favorable government regulations, and increased adoption of microgrids.
The solar power market in India is segmented as below:
By Application
- Grid-connected
- Off-grid
By End-user
- Utility
- Rooftop
The report on the solar power market covers in India the following areas:
- Solar power market sizing in India
- Solar power market forecast in India
- Solar power market industry analysis in India
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 an analysis of the key vendors.
The publisher 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the solar power market in India: ABB Ltd., ACME Solar, Adani Group, Azure Power, Canadian Solar Inc., GCL System Integration Technology Co. Ltd., Huawei Technologies Co. Ltd., JA Solar Technology Co. Ltd., Lanco Infratech Ltd., Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., MVV Energie AG, Reliance Industries Ltd., Risen Energy Co. Ltd., SMA Solar Technology AG, Sterling and Wilson Renewable Energy Ltd., Sungrow Power Supply Co. Ltd., Sunsure Energy, Suzlon Energy Ltd., and ReNewPower.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is declining costs of solar energy.'
According to the report, one of the major drivers for this market is the increasing investments in renewable energy.
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.
- ACME Solar
- Adani Group
- Azure Power
- Canadian Solar Inc.
- GCL System Integration Technology Co. Ltd.
- Huawei Technologies Co. Ltd.
- JA Solar Technology Co. Ltd.
- Lanco Infratech Ltd.
- Larsen and Toubro Ltd.
- Mahindra and Mahindra Ltd.
- MVV Energie AG
- Reliance Industries Ltd.
- Risen Energy Co. Ltd.
- SMA Solar Technology AG
- Sterling and Wilson Renewable Energy Ltd.
- Sungrow Power Supply Co. Ltd.
- Sunsure Energy
- Suzlon Energy Ltd.
- ReNewPower
