On-Grid Solar PV Global Market Report 2024

Global On-Grid Solar PV Market Report 2024

On-Grid Solar PV Global Market Report 2024 – By Technology (Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies), By Installation (Ground Mounted, Rooftop, Other Installations), By Application (Residential, Non-Residential, Utilities) – Market Size, Trends, And Global Forecast 2024-2033

Name: On-Grid Solar PV Global Market Report 2024
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On-Grid Solar PV Global Market Report 2024

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On-Grid Solar PV Market Definition

On-grid solar photovoltaic (PV) systems refer to grid-tied solar power setups that directly connect to the electrical grid. These systems generate electricity from sunlight through solar panels and feed the power into the grid for broader distribution. It contributes to the reduction of greenhouse gas emissions and reliance on fossil fuels.

The main types of on-grid solar PV technologies are monocrystalline silicon, thin film, polycrystalline silicon, and others. Monocrystalline silicon technology refers to solar panels made from single-crystal silicon, offering high efficiency and a sleek, black appearance. The various types of installations include ground-mounted, rooftop, and others, which are used for several applications, such as residential, non-residential, and utilities.

On-Grid Solar PV Market Segmentation

The on-grid solar PV market covered in this report is segmented –

1) By Technology: Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies

2) By Installation: Ground Mounted, Rooftop, Other Installations

3) By Application: Residential, Non-Residential, Utilities

Global On Grid Solar PV Market Size 2023 to 2028: Graph

On-Grid Solar PV Market Size 2024 And Growth Rate

The on-grid solar PV market size has grown strongly in recent years. It will grow from $160.26 billion in 2023 to $170.56 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to energy security and independence, electricity demand growth, public awareness and acceptance, environmental awareness and climate change concerns, financial institutions and funding.

On-Grid Solar PV Market Growth Forecast

The on-grid solar PV market size is expected to see strong growth in the next few years. It will grow to $208.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to advancements in energy storage technologies, digitalization and IoT, decentralization of energy systems, hybrid renewable energy systems, electric vehicle (EV) integration. Major trends in the forecast period include increased capacity and scale, innovative materials and design, flexible and transparent financing models, advancements in energy storage technologies, smart grid integration.

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On-Grid Solar PV Market Driver: Rising Demand For Renewable Energy Drives Surge In On-Grid Solar PV Market

The rising demand for renewable energy is expected to propel the growth of the on-grid solar PV market going forward. Renewable energy refers to sustainable and environmentally friendly sources of power, such as solar, wind, hydro, and geothermal, that are naturally replenished. The increasing public awareness towards environmental issues and a growing desire for sustainable living contribute to the demand for on-grid solar PV systems. It plays a significant role in the production of renewable energy by producing power using solar panels and supplying it straight to the grid. This helps in reducing the vulnerability of the grid to centralized disruptions, improving overall grid reliability. For instance, in January 2024, according to the International Energy Agency, a France-based government agency, renewable electricity capacity additions reached an estimated 507 GW in 2023, almost 50% higher than in 2022, with solar PV and wind accounting for a record 96% of it. Therefore, the rising demand for renewable energy is driving the growth of the on-grid solar PV market.

Global On-Grid Solar PV Market Major Players

Major companies operating in the on-grid solar PV market are Huawei Technologies Co. Ltd., L&T Electrical & Automation Ltd., Siemens AG, Schneider Electric SE, ABB Ltd., JA SOLAR Technology Co. Ltd., LONGi Green Energy Technology Co. Ltd., Delta Electronics Inc., Trina Solar Limited, JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Omron Corporation, Chint Group Corp., Sungrow Power Supply Co. Ltd., Risen Energy Co. Ltd., SolarEdge Technologies Inc., First Solar Inc., Havells India Ltd., SunPower Corp., SMA Solar Technology AG, GoodWe (Jiangsu) Power Supply Technology Co. Ltd., Enphase Energy Inc., Ginlong (Solis) Technologies, Motech Industries Inc., Indosolar Ltd., Loom Solar Pvt. Ltd., FIMER S.p.A., GCL System Integration Technology Co. Ltd.

Global On-Grid Solar PV Market Trend: Introducing Advanced On-Grid PV Inverters For Enhanced Efficiency In Solar Energy Systems

Major companies operating in the on-grid solar PV market are developing innovative products with advanced technologies, such as on-grid PV (photovoltaic) inverters, to drive their revenues in the market. An on-grid PV inverter is an essential part of a solar energy system that transforms a photovoltaic solar array's variable direct current (DC) output into alternating current (AC) electricity that may be supplied straight into the electrical grid. For instance, in June 2022, V-Guard Industries Ltd., an India-based electricals and home appliances manufacturer, launched Solsmart solar rooftop power system, which consists of On-Grid solar power inverters designed for residential and commercial applications. The Solsmart On-Grid Inverter has an efficiency of 98.4%, making it a cost-effective alternative for users aiming to reduce electricity bills. It has integrated DC switches that offer additional safety benefits, ensuring safer installation and operation. The Solsmart On-Grid solar inverter can perform within an ambient temperature range of -25°C and 60°C.

On-Grid Solar PV Market Merger And Acquisition: JSW Energy Accelerates Renewable Expansion With Mytrah Energy Acquisition

In March 2023, JSW Energy Limited, an India-based power generation, transmission, and trading power company, acquired 1,331 MW of wind capacity and 422 MW of solar from Mytrah Energy for $1,235 million. JSW Energy's aim behind the acquisition was to increase its current operational capacity by over 36% to 6,564 MW and advance towards its capacity target of 10 GW by FY 2025. Through this acquisition, JSW Energy is expected to expand its green energy portfolio and become a full-service electricity company. Mytrah Energy is an India-based provider of on-grid solar PV solutions as part of its renewable energy portfolio.

Regional Insights For The Global On-Grid Solar PV Market

Asia-Pacific was the largest region in the on-grid solar PV market in 2023. The regions covered in the on-grid solar pv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the on-grid solar pv market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The on-grid solar PV market consists of revenues earned by entities by providing solar PV installation, system design, grid connection, and system monitoring and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The on-grid solar PV market also includes sales of solar panels, inverters, and energy storage systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The on-grid solar PV market research report is one of a series of new reports from The Business Research Company that provides on-grid solar PV market statistics, including on-grid solar PV industry global market size, regional shares, competitors with a on-grid solar PV market share, detailed on-grid solar PV market segments, market trends and opportunities, and any further data you may need to thrive in the on-grid solar PV industry. This on-grid solar PV market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

On-Grid Solar PV Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$170.56 billion
Revenue Forecast In 2033	$208.96 billion
Growth Rate	CAGR of 5.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Technology: Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies 2) By Installation: Ground Mounted, Rooftop, Other Installations 3) By Application: Residential, Non-Residential, Utilities
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Huawei Technologies Co. Ltd.; L&T Electrical & Automation Ltd.; Siemens AG; Schneider Electric SE; ABB Ltd.; JA SOLAR Technology Co. Ltd.; LONGi Green Energy Technology Co. Ltd.; Delta Electronics Inc.; Trina Solar Limited; JinkoSolar Holding Co. Ltd.; Canadian Solar Inc.; Omron Corporation; Chint Group Corp.; Sungrow Power Supply Co. Ltd.; Risen Energy Co. Ltd.; SolarEdge Technologies Inc.; First Solar Inc.; Havells India Ltd.; SunPower Corp.; SMA Solar Technology AG; GoodWe (Jiangsu) Power Supply Technology Co. Ltd.; Enphase Energy Inc.; Ginlong (Solis) Technologies; Motech Industries Inc.; Indosolar Ltd.; Loom Solar Pvt. Ltd.; FIMER S.p.A.; GCL System Integration Technology Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. On-Grid Solar PV Market Characteristics

3. On-Grid Solar PV Market Trends And Strategies

4. On-Grid Solar PV Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global On-Grid Solar PV Market Size and Growth

5.1. Global On-Grid Solar PV Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global On-Grid Solar PV Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global On-Grid Solar PV Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. On-Grid Solar PV Market Segmentation

6.1. Global On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Monocrystalline Silicon

Thin Film

Polycrystalline Silicon

Other Technologies

6.2. Global On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Ground Mounted

Rooftop

Other Installations

6.3. Global On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Non-Residential

Utilities

7. On-Grid Solar PV Market Regional And Country Analysis

7.1. Global On-Grid Solar PV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global On-Grid Solar PV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific On-Grid Solar PV Market

8.1. Asia-Pacific On-Grid Solar PV Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China On-Grid Solar PV Market

9.1. China On-Grid Solar PV Market Overview

9.2. China On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India On-Grid Solar PV Market

10.1. India On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan On-Grid Solar PV Market

11.1. Japan On-Grid Solar PV Market Overview

11.2. Japan On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia On-Grid Solar PV Market

12.1. Australia On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia On-Grid Solar PV Market

13.1. Indonesia On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea On-Grid Solar PV Market

14.1. South Korea On-Grid Solar PV Market Overview

14.2. South Korea On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe On-Grid Solar PV Market

15.1. Western Europe On-Grid Solar PV Market Overview

15.2. Western Europe On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK On-Grid Solar PV Market

16.1. UK On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany On-Grid Solar PV Market

17.1. Germany On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France On-Grid Solar PV Market

18.1. France On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy On-Grid Solar PV Market

19.1. Italy On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain On-Grid Solar PV Market

20.1. Spain On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe On-Grid Solar PV Market

21.1. Eastern Europe On-Grid Solar PV Market Overview

21.2. Eastern Europe On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia On-Grid Solar PV Market

22.1. Russia On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America On-Grid Solar PV Market

23.1. North America On-Grid Solar PV Market Overview

23.2. North America On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA On-Grid Solar PV Market

24.1. USA On-Grid Solar PV Market Overview

24.2. USA On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada On-Grid Solar PV Market

25.1. Canada On-Grid Solar PV Market Overview

25.2. Canada On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America On-Grid Solar PV Market

26.1. South America On-Grid Solar PV Market Overview

26.2. South America On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil On-Grid Solar PV Market

27.1. Brazil On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East On-Grid Solar PV Market

28.1. Middle East On-Grid Solar PV Market Overview

28.2. Middle East On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa On-Grid Solar PV Market

29.1. Africa On-Grid Solar PV Market Overview

29.2. Africa On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. On-Grid Solar PV Market Competitive Landscape And Company Profiles

30.1. On-Grid Solar PV Market Competitive Landscape

30.2. On-Grid Solar PV Market Company Profiles

30.2.1. Huawei Technologies Co. Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Schneider Electric SE

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. ABB Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. JA SOLAR Technology Co. Ltd.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. On-Grid Solar PV Market Other Major And Innovative Companies

31.1. LONGi Green Energy Technology Co. Ltd.

31.2. Delta Electronics Inc.

31.3. Trina Solar Limited

31.4. JinkoSolar Holding Co. Ltd.

31.5. Canadian Solar Inc.

31.6. Omron Corporation

31.7. Chint Group Corp.

31.8. Sungrow Power Supply Co. Ltd.

31.9. Risen Energy Co. Ltd.

31.10. SolarEdge Technologies Inc.

31.11. First Solar Inc.

31.12. Havells India Ltd.

31.13. SunPower Corp.

31.14. SMA Solar Technology AG

31.15. GoodWe (Jiangsu) Power Supply Technology Co. Ltd.

32. Global On-Grid Solar PV Market Competitive Benchmarking

33. Global On-Grid Solar PV Market Competitive Dashboard

34. Key Mergers And Acquisitions In The On-Grid Solar PV Market

35. On-Grid Solar PV Market Future Outlook and Potential Analysis

35.1 On-Grid Solar PV Market In 2028 - Countries Offering Most New Opportunities

35.2 On-Grid Solar PV Market In 2028 - Segments Offering Most New Opportunities

35.3 On-Grid Solar PV Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global On-Grid Solar PV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global On-Grid Solar PV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Huawei Technologies Co. Ltd. Financial Performance

Table 75: Siemens AG Financial Performance

Table 76: Schneider Electric SE Financial Performance

Table 77: ABB Ltd. Financial Performance

Table 78: JA SOLAR Technology Co. Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global On-Grid Solar PV Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global On-Grid Solar PV Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, On-Grid Solar PV Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, On-Grid Solar PV Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, On-Grid Solar PV Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Huawei Technologies Co. Ltd. Financial Performance

Figure 75: Siemens AG Financial Performance

Figure 76: Schneider Electric SE Financial Performance

Figure 77: ABB Ltd. Financial Performance

Figure 78: JA SOLAR Technology Co. Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the on-grid solar PV market?

How will the on-grid solar PV market drivers and restraints affect the on-grid solar PV market dynamics? What forces will shape the on-grid solar PV industry going forward?

The on-grid solar PV market major growth driver - Rising Demand For Renewable Energy Drives Surge In On-Grid Solar PV Market. For further insights on the on-grid solar PV market, request a sample here

What is the forecast market size or the forecast market value of the on-grid solar PV market?

The on-grid solar PV market size has grown strongly in recent years. It will grow from $160.26 billion in 2023 to $170.56 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to energy security and independence, electricity demand growth, public awareness and acceptance, environmental awareness and climate change concerns, financial institutions and funding. The on-grid solar PV market size is expected to see strong growth in the next few years. It will grow to $208.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to advancements in energy storage technologies, digitalization and IoT, decentralization of energy systems, hybrid renewable energy systems, electric vehicle (EV) integration. Major trends in the forecast period include increased capacity and scale, innovative materials and design, flexible and transparent financing models, advancements in energy storage technologies, smart grid integration. For further insights on the on-grid solar PV market, request a sample here

How is the on-grid solar PV market segmented?

The on-grid solar PV market is segmented
1) By Technology: Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies
2) By Installation: Ground Mounted, Rooftop, Other Installations
3) By Application: Residential, Non-Residential, UtilitiesFor further insights on the on-grid solar PV market, request a sample here

Which region has the largest share of the on-grid solar PV market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the on-grid solar PV market in 2023. The regions covered in the on-grid solar PV market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the on-grid solar PV market, request a sample here.

Who are the major players in the on-grid solar PV market?

What are the key trends in the on-grid solar PV market?

Major trend in the on-grid solar PV market - Introducing Advanced On-Grid PV Inverters For Enhanced Efficiency In Solar Energy Systems. For further insights on the on-grid solar PV market, request a sample here.

What are the major opportunities in the on-grid solar PV market? What are the strategies for the on-grid solar PV market?

For detailed insights on the major opportunities and strategies in the on-grid solar PV market, request a sample here.

How does the on-grid solar PV market relate to the overall economy and other similar markets?

For detailed insights on on-grid solar PV market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the on-grid solar PV industry?

For detailed insights on the mergers and acquisitions in the on-grid solar PV industry, request a sample here.

What are the key dynamics influencing the on-grid solar PV market growth? SWOT analysis of the on-grid solar PV market.

For detailed insights on the key dynamics influencing the on-grid solar PV market growth and SWOT analysis of the on-grid solar PV industry, request a sample here.