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

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Description Table Of Contents Tables & Figures Market Insights Related Reports

On-Grid Solar PV Market Definition And Segments

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.

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

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.

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.

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.

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.

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.

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 Scope
Report AttributeDetails
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 Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; 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 ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    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?

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. For further insights on the on-grid solar PV market, request a sample here

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?

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. For further insights on the on-grid solar PV market, request a sample here.

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.