Solar Photovoltaic (PV) Market Size, Growth Analysis | Forecasts to 2030

The global solar photovoltaic (PV) market size is expected to reach around US$250.63 billion by 2030 from US$ 159.84 billion in 2021 and is expected to grow at an impressive double-digit rate of 5.1% from 2022 to 2030. The rising demand for sustainable energy supplies, combined with favorable government legislation aimed at reducing reliance on fossil fuels, is projected to be a major driver for the growth of the solar photovoltaic (PV) market during the forecast period.

The study includes drivers and restraints of this market. The study provides an analysis of the global solar photovoltaic (PV) market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.

 

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Key Developments

• Sonnedix, a global independent solar power producer, added 8.2 MW to its operating capacity in Italy by purchasing two portfolios in July 2020.

Why should you invest in this report?

If you are aiming to enter the global solar photovoltaic (PV) market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for solar photovoltaic (PV) are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Some of the prominent players in the global solar photovoltaic (PV) market include:

• Tata Power Solar Systems Ltd.
• Canadian Solar Inc.
• Wuxi Suntech Power Co. Ltd
• Nextera Energy Sources LLC
• BrightSource Energy Inc.
• SunPower Corporation
• Vivaan Solar
• Waaree Group
• Trina Solar
• Jinko Solar

Market Segmentation:

By Technology

• Monocrystalline Silicon
• Thin Film
• Polycrystalline Silicon
• Others

By Grid Type

• On-grid
• Off-grid

By Installation

• Ground Mounted
• Rooftop
• Others

By Application

• Residential
• Non-residential
• Utilities

Regional Analysis:

The geographical analysis of the global solar photovoltaic (PV) market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.

The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global solar photovoltaic (PV) Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).

Key Questions Answered by the Report:

• What will be the size of the global solar photovoltaic (PV) market in 2030?
• What is the expected CAGR for the solar photovoltaic (PV) market between 2021 and 2030?
• Which are the top players active in this global market?
• What are the key drivers of this global market?
• How will the market situation change in the coming years?
• Which region held the highest market share in this global market?
• What are the common business tactics adopted by players?
• What is the growth outlook of the global solar photovoltaic (PV) market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Solar Photovoltaic (PV) Market 

5.1. COVID-19 Landscape: Solar Photovoltaic (PV) Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Solar Photovoltaic (PV) Market, By Grid Type

8.1. Solar Photovoltaic (PV) Market, by Grid Type, 2022-2030

8.1.1. On-grid

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Off-grid

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Solar Photovoltaic (PV) Market, By Technology

9.1. Solar Photovoltaic (PV) Market, by Technology, 2022-2030

9.1.1. Monocrystalline Silicon

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Thin Film

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Polycrystalline Silicon

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Solar Photovoltaic (PV) Market, By Installation 

10.1. Solar Photovoltaic (PV) Market, by Installation, 2022-2030

10.1.1. Ground Mounted

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Rooftop

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Solar Photovoltaic (PV) Market, By Application 

11.1. Solar Photovoltaic (PV) Market, by Application, 2022-2030

11.1.1. Residential

11.1.1.1. Market Revenue and Forecast (2019-2030)

11.1.2. Non-residential

11.1.2.1. Market Revenue and Forecast (2019-2030)

11.1.3. Utilities

11.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 12. Global Solar Photovoltaic (PV) Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.1.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.3. Market Revenue and Forecast, by Installation (2019-2030)

12.1.4. Market Revenue and Forecast, by Application (2019-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.1.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.1.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.1.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.6.3. Market Revenue and Forecast, by Installation (2019-2030)

12.1.6.4. Market Revenue and Forecast, by Application (2019-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.2.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.3. Market Revenue and Forecast, by Installation (2019-2030)

12.2.4. Market Revenue and Forecast, by Application (2019-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.2.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.2.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.2.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.6.3. Market Revenue and Forecast, by Installation (2019-2030)

12.2.6.4. Market Revenue and Forecast, by Application (2019-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.2.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.7.3. Market Revenue and Forecast, by Installation (2019-2030)

12.2.7.4. Market Revenue and Forecast, by Application (2019-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.2.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.8.3. Market Revenue and Forecast, by Installation (2019-2030)

12.2.8.4. Market Revenue and Forecast, by Application (2019-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.3.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.3. Market Revenue and Forecast, by Installation (2019-2030)

12.3.4. Market Revenue and Forecast, by Application (2019-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.3.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.3.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.3.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.6.3. Market Revenue and Forecast, by Installation (2019-2030)

12.3.6.4. Market Revenue and Forecast, by Application (2019-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.3.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.7.3. Market Revenue and Forecast, by Installation (2019-2030)

12.3.7.4. Market Revenue and Forecast, by Application (2019-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.3.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.8.3. Market Revenue and Forecast, by Installation (2019-2030)

12.3.8.4. Market Revenue and Forecast, by Application (2019-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.4.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.3. Market Revenue and Forecast, by Installation (2019-2030)

12.4.4. Market Revenue and Forecast, by Application (2019-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.4.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.4.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.4.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.6.3. Market Revenue and Forecast, by Installation (2019-2030)

12.4.6.4. Market Revenue and Forecast, by Application (2019-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.4.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.7.3. Market Revenue and Forecast, by Installation (2019-2030)

12.4.7.4. Market Revenue and Forecast, by Application (2019-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.4.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.8.3. Market Revenue and Forecast, by Installation (2019-2030)

12.4.8.4. Market Revenue and Forecast, by Application (2019-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.5.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.5.3. Market Revenue and Forecast, by Installation (2019-2030)

12.5.5.4. Market Revenue and Forecast, by Application (2019-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Grid Type (2019-2030)

12.5.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.6.3. Market Revenue and Forecast, by Installation (2019-2030)

12.5.6.4. Market Revenue and Forecast, by Application (2019-2030)

Chapter 13. Company Profiles

13.1. Tata Power Solar Systems Ltd.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Canadian Solar Inc.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Wuxi Suntech Power Co. Ltd

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Nextera Energy Sources LLC

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. BrightSource Energy Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. SunPower Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Vivaan Solar

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Waaree Group

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Trina Solar

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Jinko Solar

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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