Solar Power Market
Solar Power Market - Global Industry Assessment & Forecast
#
Pages:
149
Base Year:
2022
Jan - 2023
Format:
Report Code:
VMR-1989
Segments Covered
By
Technology Photovoltaic Systems, Concentrated Solar Power Systems
-
By
Solar Module Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Other Solar Modules
-
By
Applications Residential, Commercial, Industrial
-
By
End Uses Electricity Generation, Lighting, Heating, Charging
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 186.20 Billion |
 Revenue 2030:
|
USD 305.85 Billion |
 Revenue CAGR
(2023 - 2030): |
6.40% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
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
Solar Power Market Segment Analysis
- Solar Power Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Solar Power Solar Module Outlook (Revenue, USD Million, 2018 - 2030)
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Solar Power Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Solar Power End Uses Outlook (Revenue, USD Million, 2018 - 2030)
- Electricity Generation
- Lighting
- Heating
- Charging
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
-
North America Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
-
North America Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
-
North America Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- U.S.
- U.S. Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- U.S. Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- U.S. Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- U.S. Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- U.S. Solar Power Market, by Technology
- Canada
- Canada Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Canada Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Canada Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Canada Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Canada Solar Power Market, by Technology
-
Mexico
- Mexico Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Mexico Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Mexico Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Mexico Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Mexico Solar Power Market, by Technology
-
North America Solar Power Market, by Technology
- Europe
-
Europe Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
-
Europe Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
-
Europe Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
-
Europe Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- U. K.
- U.K. Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- U.K. Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- U.K. Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- U.K. Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- U.K. Solar Power Market, by Technology
- France
- France Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- France Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- France Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- France Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- France Solar Power Market, by Technology
-
Germany
- Germany Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Germany Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Germany Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Germany Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Germany Solar Power Market, by Technology
-
Italy
- Italy Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Italy Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Italy Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Italy Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Italy Solar Power Market, by Technology
-
Spain
- Spain Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Spain Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Spain Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Spain Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Spain Solar Power Market, by Technology
-
Rest of Europe
- Rest of Europe Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Rest of Europe Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Rest of Europe Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Rest of Europe Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Rest of Europe Solar Power Market, by Technology
-
Europe Solar Power Market, by Technology
- Asia Pacific
-
Asia Pacific Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
-
Asia Pacific Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
-
Asia Pacific Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
-
Asia Pacific Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- China
- China Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- China Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- China Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- China Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- China Solar Power Market, by Technology
- Japan
- Japan Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Japan Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Japan Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Japan Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Japan Solar Power Market, by Technology
-
Germany
- Germany Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Germany Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Germany Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Germany Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Germany Solar Power Market, by Technology
-
India
- India Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- India Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- India Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- India Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- India Solar Power Market, by Technology
-
South Korea
- South Korea Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- South Korea Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- South Korea Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- South Korea Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- South Korea Solar Power Market, by Technology
-
South East Asia
- South East Asia Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- South East Asia Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- South East Asia Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- South East Asia Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- South East Asia Solar Power Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Rest of Asia Pacific Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Rest of Asia Pacific Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Rest of Asia Pacific Solar Power Market, by Technology
-
Asia Pacific Solar Power Market, by Technology
- Latin America
-
Latin America Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
-
Latin America Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
-
Latin America Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
-
Latin America Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Brazil
- Brazil Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Brazil Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Brazil Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Brazil Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Brazil Solar Power Market, by Technology
- Argentina
- Argentina Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Argentina Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Argentina Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Argentina Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Argentina Solar Power Market, by Technology
-
Rest of Latin America
- Rest of Latin America Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Rest of Latin America Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Rest of Latin America Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Rest of Latin America Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Rest of Latin America Solar Power Market, by Technology
-
Latin America Solar Power Market, by Technology
- Middle East & Africa
-
Middle East & Africa Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
-
Middle East & Africa Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
-
Middle East & Africa Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
-
Middle East & Africa Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- GCC Countries
- GCC Countries Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- GCC Countries Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- GCC Countries Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- GCC Countries Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- GCC Countries Solar Power Market, by Technology
- South Africa
- South Africa Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- South Africa Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- South Africa Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- South Africa Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- South Africa Solar Power Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Power Market, by Technology
- Photovoltaic Systems
- Concentrated Solar Power Systems
- Rest of Middle East & Africa Solar Power Market, by Solar Module
- Monocrystalline
- Polycrystalline
- Cadmium Telluride
- Amorphous Silicon Cells
- Other Solar Modules
- Rest of Middle East & Africa Solar Power Market, by Applications
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Solar Power Market, by End Uses
- Electricity Generation
- Lighting
- Heating
- Charging
- Rest of Middle East & Africa Solar Power Market, by Technology
-
Middle East & Africa Solar Power Market, by Technology
- North America
Vantage Market
Research | 30-Jan-2023
FAQ
Frequently Asked Question
What is the global demand for Solar Power in terms of revenue?
-
The global Solar Power valued at USD 186.20 Billion in 2022 and is expected to reach USD 305.85 Billion in 2030 growing at a CAGR of 6.40%.
Which are the prominent players in the market?
-
The prominent players in the market are Abengoa SE (Spain), Acciona SA (Spain), Canadian Solar Inc. (Canada), Esolar Inc. (US), United Renewable Energy Co. Ltd. (Taiwan), Sunpower Corporation (US), Kaneka Corporation (Japan), Tata Power Solar Systems Ltd. (India), Wuxi Suntech Power Co. Ltd. (China), Brightsource Energy Inc. (US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Solar Power include
- Decrease in price of solar modules
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Solar Power in 2022.
