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Solar Power Market

Solar Power Market

Solar Power Market - Global Industry Assessment & Forecast

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Energy & Power
Number Of Pages # Pages:

149

Base Year:

2022

Date

Jan - 2023

Format:

PDF XLS PPT

Report Code:

VMR-1989

Segments Covered
  • By Technology By Technology Photovoltaic Systems, Concentrated Solar Power Systems
  • By Solar Module By Solar Module Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Other Solar Modules
  • By Applications By Applications Residential, Commercial, Industrial
  • By End Uses By End Uses Electricity Generation, Lighting, Heating, Charging
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 186.20 Billion
Revenue 2030Revenue 2030: USD 305.85 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 6.40%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Solar Power Market - Segment Analysis
    1. Overview
    2. Global Solar Power Market, 2016 - 2028 (USD Million)
    3. Global Solar Power Market - by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. Global Solar Power Market - by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. Global Solar Power Market - by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Global Solar Power Market - by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. Global Solar Power Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    8. Market comparative analysis
  4. North America Solar Power Market - Segment Analysis
    1. Overview
    2. North America Solar Power Market, 2016 - 2028 (USD Million)
    3. North America Solar Power Market, by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. North America Solar Power Market, by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. North America Solar Power Market, by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. North America Solar Power Market, by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. North America Solar Power Market, by Country
      1. U.S.
        1. U.S. Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. U.S. Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. U.S. Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. U.S. Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      2. Canada
        1. Canada Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Canada Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Canada Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Canada Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      3. Mexico
        1. Mexico Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Mexico Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Mexico Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Mexico Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
  5. Europe Solar Power Market - Segment Analysis
    1. Overview
    2. Europe Solar Power Market, 2016 - 2028 (USD Million)
    3. Europe Solar Power Market, by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. Europe Solar Power Market, by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. Europe Solar Power Market, by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Europe Solar Power Market, by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. Europe Solar Power Market, by Country
      1. Germany
        1. Germany Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Germany Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Germany Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Germany Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      2. UK
        1. UK Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. UK Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. UK Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. UK Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      3. France
        1. France Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. France Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. France Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. France Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      4. Spain
        1. Spain Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Spain Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Spain Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Spain Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      5. Italy
        1. Italy Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Italy Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Italy Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Italy Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      6. BENELUX
        1. BENELUX Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. BENELUX Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. BENELUX Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. BENELUX Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      7. Rest of Europe
        1. Rest Of Europe Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Rest Of Europe Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Rest Of Europe Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Rest Of Europe Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
  6. Asia Pacific Solar Power Market - Segment Analysis
    1. Overview
    2. Asia Pacific Solar Power Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Solar Power Market, by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. Asia Pacific Solar Power Market, by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. Asia Pacific Solar Power Market, by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Asia Pacific Solar Power Market, by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. Asia Pacific Solar Power Market, by Country
      1. China
        1. China Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. China Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. China Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. China Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      2. Japan
        1. Japan Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Japan Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Japan Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Japan Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      3. India
        1. India Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. India Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. India Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. India Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      4. South Korea
        1. South Korea Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. South Korea Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. South Korea Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. South Korea Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      5. South East Asia
        1. South East Asia Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. South East Asia Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. South East Asia Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. South East Asia Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Rest of Asia Pacific Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Rest of Asia Pacific Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Rest of Asia Pacific Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
  7. Latin America Solar Power Market - Segment Analysis
    1. Overview
    2. Latin America Solar Power Market, 2016 - 2028 (USD Million)
    3. Latin America Solar Power Market, by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. Latin America Solar Power Market, by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. Latin America Solar Power Market, by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Latin America Solar Power Market, by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. Latin America Solar Power Market, by Country
      1. Brazil
        1. Brazil Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Brazil Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Brazil Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Brazil Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      2. Argentina
        1. Argentina Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Argentina Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Argentina Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Argentina Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      3. Rest of Latin America
        1. Rest of Latin America Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Rest of Latin America Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Rest of Latin America Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Rest of Latin America Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
  8. Middle East & Africa Solar Power Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Solar Power Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Solar Power Market, by Technology
      1. By Photovoltaic Systems
      2. By Concentrated Solar Power Systems
    4. Middle East & Africa Solar Power Market, by Solar Module
      1. By Monocrystalline
      2. By Polycrystalline
      3. By Cadmium Telluride
      4. By Amorphous Silicon Cells
      5. By Other Solar Modules
    5. Middle East & Africa Solar Power Market, by Applications
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Middle East & Africa Solar Power Market, by End Uses
      1. By Electricity Generation
      2. By Lighting
      3. By Heating
      4. By Charging
    7. Middle East & Africa Solar Power Market, by Country
      1. GCC Countries
        1. GCC Countries Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. GCC Countries Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. GCC Countries Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. GCC Countries Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      2. South Africa
        1. South Africa Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. South Africa Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. South Africa Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. South Africa Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Solar Power Market, By Technology
          1. By Photovoltaic Systems
          2. By Concentrated Solar Power Systems
        2. Rest of Middle East & Africa Solar Power Market, By Solar Module
          1. By Monocrystalline
          2. By Polycrystalline
          3. By Cadmium Telluride
          4. By Amorphous Silicon Cells
          5. By Other Solar Modules
        3. Rest of Middle East & Africa Solar Power Market, By Applications
          1. By Residential
          2. By Commercial
          3. By Industrial
        4. Rest of Middle East & Africa Solar Power Market, By End Uses
          1. By Electricity Generation
          2. By Lighting
          3. By Heating
          4. By Charging
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Abengoa SE (Spain)
    2. Acciona SA (Spain)
    3. Canadian Solar Inc. (Canada)
    4. Esolar Inc. (US)
    5. United Renewable Energy Co. Ltd. (Taiwan)
    6. Sunpower Corporation (US)
    7. Kaneka Corporation (Japan)
    8. Tata Power Solar Systems Ltd. (India)
    9. Wuxi Suntech Power Co. Ltd. (China)
    10. Brightsource Energy Inc. (US)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 30-Jan-2023
Solar Power Market to Reach Valuation of USD 256.2 Billion by 2028 – Growth in Investments in Solar Energy Drives the Market
FAQ
Frequently Asked Question

  • 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%.

  • 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).

  • The market is project to grow at a CAGR of 6.40% between 2023 and 2030.

  • The driving factors of the Solar Power include

    • Decrease in price of solar modules

  • Asia Pacific was the leading regional segment of the Solar Power in 2022.

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