Solar Engineering, Procurement and Construction (EPC) Market
Solar Engineering, Procurement and Construction (EPC) Market Global Industry Assessment & Forecast
Segments Covered
- By Product Rooftop, Ground Mounted
- By Application Residential, Commercial, Industrial, Utility
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 51.2 Billion |
Revenue 2028: | 63.36 Billion |
Revenue CAGR (2021 - 2028): | 2.70% |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Product, the market is divided into Rooftop, Ground Mounted. Rooftop dominated the global Solar Engineering, Procurement and Construction (EPC) market in 2020 and is projected to witness the same trend during the forecast period.
Based on Application, the market is segmented into Residential, Commercial, Industrial, Utility,. Industrial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Solar Engineering, Procurement and Construction (EPC) Market: Product Segment Analysis
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- Rooftop
- Ground Mounted
Global Solar Engineering, Procurement and Construction (EPC) Market: Application Segment Analysis
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- Residential
- Commercial
- Industrial
- Utility
FAQ
Frequently Asked Question
What is the global demand for Solar Engineering, Procurement and Construction (EPC) in terms of revenue?
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The global Solar Engineering, Procurement and Construction (EPC) valued at 51.2 Billion in 2020 and is expected to reach 63.36 Billion in 2028 growing at a CAGR of 2.70%%.
Which are the prominent players in the market?
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The prominent players in the market are First Solar, Sterling and Wilson, SunPower, Bechtel, Eiffage, ALSA, Swinerton, Akuo Energy, Yingli Green Energy, Enerparc, TBEA, Canadian Solar, Enviromena, Topsun, Trina, Hanwha Q Cells, Belectric, Juwi, Conergy..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 2.70%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Solar Engineering, Procurement and Construction (EPC) include
- Environmental concerns are growing thereby elevating the market growth.
- Growing energy consumption has put immense pressure on energy resources, which has alerted the need for renewable energy sources and created a positive scope for the overall market growth.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Solar Engineering, Procurement and Construction (EPC) in 2020.