Global Solar Electricity Market Report 2024

Solar Electricity Global Market Report 2024 – By Technology (Photovoltaic Systems, Concentrated Solar Power Systems), By Solar Module (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others), By End User (Residential, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Solar Electricity Market Definition And Segments

Solar electricity refers to renewable energy obtained from sunlight by using the sun's energy either directly as thermal energy or through the use of photovoltaic cells in solar panels and transparent photovoltaic glass to generate electricity. The electricity produced is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations and to distribution systems, which are used for short distances to transport electricity to customers locally.

The main types of technologies in solar electricity are photovoltaic systems and concentrated solar power systems. A photovoltaic (PV) system is made up of one or more solar panels, an inverter, and other electrical and mechanical components that use the sun’s radiation to generate power. The different solar modules include monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others, and are used in various sectors such as residential, commercial, and industrial.

The solar electricity market covered in this report is segmented –

1) By Technology: Photovoltaic Systems, Concentrated Solar Power Systems

2) By Solar Module: Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others.

3) By End User: Residential, Commercial

The solar electricity market size has grown exponentially in recent years. It will grow from $105.91 billion in 2023 to $129.09 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, high cost of diesel power, initiatives by companies to promote solar electricity, and a rise in research and development (r&d) investments.

The solar electricity market size is expected to see rapid growth in the next few years. It will grow to $258.66 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to an urge to go green and corporate csr, rising urbanization and technological advancements. Major trends in the forecast period include embracing the adoption of digital technologies and artificial intelligence, implementing solar pairing with storage offers cost synergies, operational efficiencies, and the opportunity to reduce storage capital costs in addition to the solar investment tax credit, growth path for the solar energy industry can be carved out with the successful implementation of such projects with nascent technologies leading to growth in the solar electricity market.

Government Investments Powering Solar Electricity Market Growth

Rising investments from government organizations have contributed to the growth of the solar electricity market. The market has benefited from increased government spending on advanced solar panel research and development. For instance, in February 2023, according to the International Renewable Energy Agency, a UAE-based intergovernmental organization, in 2022, worldwide investments in energy transition technologies, including energy efficiency, reached a record high of USD 1.3 trillion, marking a 19% increase from 2021 levels. Therefore, rising investments from government organizations in research and development of electricity generation through solar energy drove the solar electricity market.

Increasing Adoption Of Renewable Energy Sources For Electricity Generation To Drive Market Growth

The growing adoption of renewable energy sources for electricity generation is expected to propel the growth of the solar electricity market. Renewable energy refers to energy derived from naturally replenishing sources, such as sunlight, wind, water, geothermal heat, and organic matter, which are not depleted when used for power generation and have minimal environmental impact. Renewable energy sources are particularly essential at this juncture to address environmental concerns, reduce greenhouse gas emissions, and transition away from fossil fuels to mitigate climate change and ensure a sustainable energy future. Renewable energy sources boost the growth of the solar electricity market by fostering a supportive environment and consumer demand for sustainable energy solutions, which leads to increased investments, incentives, and interest in solar power technologies and installations. For instance, in February 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, The global contribution of renewable energy in the power generation mix is projected to increase from 29% to 35% by the year 2025. Therefore, the growing adoption of renewable energy sources for electricity generation is driving the growth of solar electricity market.

Major companies operating in the solar electricity market report are SPIC Solar, Enel SpA, Canadian Solar Inc., Engie, Adani Green Energy Limited, Datang International Power Generation Company Limited, Acciona Energia S.A, Electricite De France SA, Huaneng Power International, Inc., Trina Solar Limited, Waaree Group, Tata Power Solar Systems Ltd., Urja Global Limited, Wuxi Suntech Power Co. Ltd., Azure Power, Vivaan Solar, Ja Solar Holdings Co., Ltd., Aiko Solar, Trina Solar, Zhongli, Suntech, Statkraft As, National Grid PLC, Agder Energi Sa, Ibc Solar Ag, Centrotherm International Ag, Schott Solar Ag, Ecotricity Group Ltd., Lightsource Bp Renewable Energy Investments Limited, Hive Energy, Solaria Energia Y Medio Ambiente Sa, Iberdrola Sa, Cobra Instalaciones Y Servicios Sa, Red Electrica Corporacion Sa, Edf En, Saint Gobain, Wagner Solar, Ekotechnik Czech Sro, Svp Solar Sro, Solar Global As, Solartec Holding As, Photon Energy Nv, Modus Energy, Polski Solar Holding, Renesola Ltd., Sunshine Solar Energy Srl, Amerisolar, Altius-Solar, Nivus Gmbh, Danagroup.Hu, Nextera Energy Inc., Vestas Wind Systems A/S, General Electric Co, M. A. Mortenson Company, First Solar, Inc., Sunpower Corporation, Renewable Energy Systems Ltd., Rosendin Electric Inc., Hanwha Corporation,, 8 Lg Electronics Inc., Inkosolar Holding Co. Ltd., Swinerton Renewable Energy, 8minute Solar Energy, Atlas Renewable Energy, Sonnedix Power Holdings Ltd., Enerwhere Sustainable Energy Dmcc, Acwa Power Barka Saog, Alsa Solar Systems LLC, Benban Solar Project, Kathu Solar Park, Ilanga Concentrated Solar Power 1, Jasper Solar Power Project, Kalkbult Solar Plant, Kaxu Solar One, Lesedi Solar Pv Project

Impacts Of Economic Slowdown On The Solar Electricity Market

The decline in economic growth is expected to limit the growth of the solar electricity market. A decrease in investments due to the economic slowdown led to a decrease in solar power installations. This is adversely affecting the market growth in several parts of the world. For instance, the economic crisis in Europe has prompted previously supportive European governments to decrease solar energy subsidies. Moreover, in February 2023, according to the International Renewable Energy Agency, a UAE-based intergovernmental organization, in 2021, despite achieving record-breaking annual investments surpassing $0.5 billion, funding for off-grid renewable solutions lags significantly behind the annual requirement of $2.3 billion for off-grid solar products alone (excluding mini-grids) between 2021 and 2030. The economic slowdown decreases investments, thereby impacting the solar electricity market negatively.

Harnessing Artificial Intelligence For Advancements In The Solar Electricity Market

Artificial intelligence is being used increasingly to meet the rising demands of the solar power market. Artificial intelligence is the machinery simulating the processes of human intelligence, particularly computer systems. Expert systems, natural language processing (NLP), speech recognition, and machine vision are common AI applications. The use of machine learning through microgrid controllers and artificial intelligence (AI) is the latest solar energy technology solution that helps to adapt to growing business needs. These technologies continue to evolve to meet the rising needs of the solar industry and the businesses that use them as an energy-efficient source. Additionally, new software developments are helping to shape the future of companies that are applying artificial intelligence and machine learning to solar energy technology. For instance, in 2022, a project in cooperation with Mekorot, Israel’s national water company, the Israel Innovation Authority tells NoCamels was announced for testing a floating artificial intelligence (AI) powered solar panel that generates electricity by tracking the sun. This solar photovoltaic (PV) system was developed by Israeli startup Xfloat.

Community Solar Projects Transforming The Solar Electricity Market

Major companies operating in the solar electricity market are developing community solar projects to sustain their position in the market. Community solar projects are initiatives that enable multiple individuals, businesses, or organizations to collectively invest in and share the benefits of a centralized solar energy installation. For instance, in September 2023, SolarEdge Technologies Inc., an Israel-based renewable energy semiconductor manufacturing company launched the high-power three-phase SolarEdge 330kW Inverter, along with the H1300 Power Optimizer designed for applications in community solar, agri-PV, and small-to-medium scale ground mount utility PV projects. This advanced inverter and optimizer solution aims to enhance energy production efficiency and reduce costs in the utility solar segment. It offers improved ROI, design flexibility, safety features, module-level monitoring, and a lower Levelized Cost of Energy (LCOE). The technology is particularly well-suited for the growing community solar market, providing developers with flexibility in site selection and aiding in conserving resources by reducing the need for extensive site grading.

Mahindra & Mahindra's Investment In Renew Sunlight Energy For Solar Energy Access

In July 2021, Mahindra & Mahindra (M&M), an India-based automotive manufacturer, acquired a 31% share in ReNew Sunlight Energy (RSEPL) for $1.6 billion. By acquiring RSEPL shares, M&M will be able to become an exclusive user and use RSEPL's solar energy. As a result, RSEPL has signed an electrical supply deal with the company. ReNew Sunlight Energy (RSEPL) is an India-based solar electricity company.

Asia-Pacific was the largest region in the solar electricity market in 2023. Western Europe was the second largest region in the global solar electricity market analysis. The regions covered in the solar electricity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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

The solar electricity market consists of sales of passive solar gain, solar thermal, concentrated solar power, and solar photovoltaics. 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 solar electricity market research report is one of a series of new reports from The Business Research Company that provides solar electricity market statistics, including solar electricity industry global market size, regional shares, competitors with a solar electricity market share, detailed solar electricity market segments, market trends and opportunities, and any further data you may need to thrive in the solar electricity industry. This solar electricity 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.

Solar Electricity Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $129.09 billion
Revenue Forecast In 2033 $258.66 billion
Growth Rate CAGR of 19% 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: Photovoltaic Systems, Concentrated Solar Power Systems
2) By Solar Module: Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others.
3) By End User: Residential, Commercial
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 SPIC Solar; Enel SpA; Canadian Solar Inc; Engie; Adani Green Energy Limited; Datang International Power Generation Company Limited; Acciona Energia S.A; Electricite De France SA; Huaneng Power International, Inc.; Trina Solar Limited; Waaree Group; Tata Power Solar Systems Ltd.; Urja Global Limited; Wuxi Suntech Power Co. Ltd.; Azure Power; Vivaan Solar; Ja Solar Holdings Co., Ltd; Aiko Solar; Trina Solar; Zhongli; Suntech; Statkraft As; National Grid Plc; Agder Energi Sa; Ibc Solar Ag; Centrotherm International Ag; Schott Solar Ag; Ecotricity Group Ltd; Lightsource Bp Renewable Energy Investments Limited; Hive Energy; Solaria Energia Y Medio Ambiente Sa; Iberdrola Sa; Cobra Instalaciones Y Servicios Sa; Red Electrica Corporacion Sa; Edf En; Saint Gobain; Wagner Solar; Ekotechnik Czech Sro; Svp Solar Sro; Solar Global As; Solartec Holding As; Photon Energy Nv; Modus Energy; Polski Solar Holding; Renesola Ltd; Sunshine Solar Energy Srl; Amerisolar; Altius-Solar; Nivus Gmbh; Danagroup.Hu; Nextera Energy Inc; Vestas Wind Systems A/S; General Electric Co; M. A. Mortenson Company; First Solar, Inc; Sunpower Corporation; Renewable Energy Systems Ltd; Rosendin Electric Inc; Hanwha Corporation,; 8 Lg Electronics Inc.; Inkosolar Holding Co. Ltd; Swinerton Renewable Energy; 8minute Solar Energy; Atlas Renewable Energy; Sonnedix Power Holdings Ltd; Enerwhere Sustainable Energy Dmcc; Acwa Power Barka Saog; Alsa Solar Systems Llc; Benban Solar Project; Kathu Solar Park; Ilanga Concentrated Solar Power 1; Jasper Solar Power Project; Kalkbult Solar Plant; Kaxu Solar One; Lesedi Solar Pv Project
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    Table Of Contents

    1. Executive Summary

    2. Solar Electricity Market Characteristics

    3. Solar Electricity Market Trends And Strategies

    4. Solar Electricity 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 Solar Electricity Market Size and Growth

    5.1. Global Solar Electricity Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

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

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

    6. Solar Electricity Market Segmentation

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

    Photovoltaic Systems

    Concentrated Solar Power Systems

    6.2. Global Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Monocrystalline

    Polycrystalline 

    Cadmium Telluride

    Amorphous Silicon Cells

    Other Solar Modules

    6.3. Global Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Residential

    Commercial

    Industrial

    7. Solar Electricity Market Regional And Country Analysis

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

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

    8. Asia-Pacific Solar Electricity Market

    8.1. Asia-Pacific Solar Electricity 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 Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Solar Electricity Market

    9.1. China Solar Electricity Market Overview

    9.2. China Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Solar Electricity Market

    10.1. India Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Solar Electricity Market

    11.1. Japan Solar Electricity Market Overview

    11.2. Japan Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Solar Electricity Market

    12.1. Australia Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Solar Electricity Market

    13.1. Indonesia Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Solar Electricity Market

    14.1. South Korea Solar Electricity Market Overview

    14.2. South Korea Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Solar Electricity Market

    15.1. Western Europe Solar Electricity Market Overview

    15.2. Western Europe Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Solar Electricity Market

    16.1. UK Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Solar Electricity Market

    17.1. Germany Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Solar Electricity Market

    18.1. France Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Solar Electricity Market

    19.1. Italy Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Solar Electricity Market

    20.1. Spain Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Solar Electricity Market

    21.1. Eastern Europe Solar Electricity Market Overview

    21.2. Eastern Europe Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Solar Electricity Market

    22.1. Russia Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Solar Electricity Market

    23.1. North America Solar Electricity Market Overview

    23.2. North America Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Solar Electricity Market

    24.1. USA Solar Electricity Market Overview

    24.2. USA Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Solar Electricity Market

    25.1. Canada Solar Electricity Market Overview

    25.2. Canada Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Solar Electricity Market

    26.1. South America Solar Electricity Market Overview

    26.2. South America Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Solar Electricity Market

    27.1. Brazil Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Solar Electricity Market

    28.1. Middle East Solar Electricity Market Overview

    28.2. Middle East Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Solar Electricity Market

    29.1. Africa Solar Electricity Market Overview

    29.2. Africa Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Solar Electricity Market Competitive Landscape And Company Profiles

    30.1. Solar Electricity Market Competitive Landscape

    30.2. Solar Electricity Market Company Profiles

    30.2.1. SPIC Solar

    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. Enel SpA

    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. Canadian Solar Inc

    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. Engie

    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. Adani Green Energy Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Solar Electricity Market Other Major And Innovative Companies

    31.1. Datang International Power Generation Company Limited

    31.2. Acciona Energia S.A

    31.3. Electricite De France SA

    31.4. Huaneng Power International, Inc.

    31.5. Trina Solar Limited

    31.6. Waaree Group

    31.7. Tata Power Solar Systems Ltd.

    31.8. Urja Global Limited

    31.9. Wuxi Suntech Power Co. Ltd.

    31.10. Azure Power

    31.11. Vivaan Solar

    31.12. Ja Solar Holdings Co., Ltd

    31.13. Aiko Solar

    31.14. Trina Solar

    31.15. Zhongli

    32. Global Solar Electricity Market Competitive Benchmarking

    33. Global Solar Electricity Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Solar Electricity Market

    35. Solar Electricity Market Future Outlook and Potential Analysis

    35.1 Solar Electricity Market In 2028 - Countries Offering Most New Opportunities

    35.2 Solar Electricity Market In 2028 - Segments Offering Most New Opportunities

    35.3 Solar Electricity 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 Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Solar Electricity Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Solar Electricity Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: SPIC Solar Financial Performance
  • Table 75: Enel SpA Financial Performance
  • Table 76: Canadian Solar Inc Financial Performance
  • Table 77: Engie Financial Performance
  • Table 78: Adani Green Energy Limited 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 Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Solar Electricity Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Solar Electricity Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Solar Electricity Market, Segmentation By Solar Module, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Solar Electricity Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Solar Electricity Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: SPIC Solar Financial Performance
  • Figure 75: Enel SpA Financial Performance
  • Figure 76: Canadian Solar Inc Financial Performance
  • Figure 77: Engie Financial Performance
  • Figure 78: Adani Green Energy Limited Financial Performance
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Frequently Asked Questions

What is the definition of the solar electricity market?

Solar electricity refers to renewable energy obtained from sunlight by using the sun's energy either directly as thermal energy or through the use of photovoltaic cells in solar panels and transparent photovoltaic glass to generate electricity. The electricity produced is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations and to distribution systems, which are used for short distances to transport electricity to customers locally. For further insights on the solar electricity market, request a sample here

How will the solar electricity market drivers and restraints affect the solar electricity market dynamics? What forces will shape the solar electricity industry going forward?

The solar electricity market major growth driver - Government Investments Powering Solar Electricity Market Growth. For further insights on the solar electricity market, request a sample here

What is the forecast market size or the forecast market value of the solar electricity market?

The solar electricity market size has grown exponentially in recent years. It will grow from $105.91 billion in 2023 to $129.09 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, high cost of diesel power, initiatives by companies to promote solar electricity, and a rise in research and development (r&d) investments. The solar electricity market size is expected to see rapid growth in the next few years. It will grow to $258.66 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to an urge to go green and corporate csr, rising urbanization and technological advancements. Major trends in the forecast period include embracing the adoption of digital technologies and artificial intelligence to revolutionize the solar electricity industry. the adoption of blockchain technology to save time and money and have a real impact in terms of both their profitability and their capacity to influence how our culture consumes renewable energy. solar electricity companies taking aid from the governments in the form of subsidies and schemes are bound to benefit and promote growth in the solar electricity market. implementing solar pairing with storage offers cost synergies, operational efficiencies, and the opportunity to reduce storage capital costs in addition to the solar investment tax credit. also, a new growth path for the solar energy industry can be carved out with the successful implementation of such projects with nascent technologies leading to growth in the solar electricity market.. For further insights on the solar electricity market, request a sample here

How is the solar electricity market segmented?

The solar electricity market is segmented
1) By Technology: Photovoltaic Systems, Concentrated Solar Power Systems
2) By Solar Module: Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others.
3) By End User: Residential, Commercial For further insights on the solar electricity market, request a sample here

Which region has the largest share of the solar electricity market? What are the other regions covered in the report?

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

Who are the major players in the solar electricity market?

Major companies operating in the solar electricity market report are SPIC Solar, Enel SpA, Canadian Solar Inc, Engie, Adani Green Energy Limited, Datang International Power Generation Company Limited, Acciona Energia S.A, Electricite De France SA, Huaneng Power International, Inc., Trina Solar Limited, Waaree Group, Tata Power Solar Systems Ltd., Urja Global Limited, Wuxi Suntech Power Co. Ltd., Azure Power, Vivaan Solar, Ja Solar Holdings Co., Ltd, Aiko Solar, Trina Solar, Zhongli, Suntech, Statkraft As, National Grid Plc, Agder Energi Sa, Ibc Solar Ag, Centrotherm International Ag, Schott Solar Ag, Ecotricity Group Ltd, Lightsource Bp Renewable Energy Investments Limited, Hive Energy, Solaria Energia Y Medio Ambiente Sa, Iberdrola Sa, Cobra Instalaciones Y Servicios Sa, Red Electrica Corporacion Sa, Edf En, Saint Gobain, Wagner Solar, Ekotechnik Czech Sro, Svp Solar Sro, Solar Global As, Solartec Holding As, Photon Energy Nv, Modus Energy, Polski Solar Holding, Renesola Ltd, Sunshine Solar Energy Srl, Amerisolar, Altius-Solar, Nivus Gmbh, Danagroup.Hu, Nextera Energy Inc, Vestas Wind Systems A/S, General Electric Co, M. A. Mortenson Company, First Solar, Inc, Sunpower Corporation, Renewable Energy Systems Ltd, Rosendin Electric Inc, Hanwha Corporation,, 8 Lg Electronics Inc., Inkosolar Holding Co. Ltd, Swinerton Renewable Energy, 8minute Solar Energy, Atlas Renewable Energy, Sonnedix Power Holdings Ltd, Enerwhere Sustainable Energy Dmcc, Acwa Power Barka Saog, Alsa Solar Systems Llc, Benban Solar Project, Kathu Solar Park, Ilanga Concentrated Solar Power 1, Jasper Solar Power Project, Kalkbult Solar Plant, Kaxu Solar One, Lesedi Solar Pv Project For further insights on the solar electricity market, request a sample here.

What are the key trends in the solar electricity market?

Major trend in the solar electricity market - Harnessing Artificial Intelligence For Advancements In The Solar Electricity Market. For further insights on the solar electricity market, request a sample here.

What are the major opportunities in the solar electricity market? What are the strategies for the solar electricity market?

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How does the solar electricity market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the solar electricity industry?

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What are the key dynamics influencing the solar electricity market growth? SWOT analysis of the solar electricity market.

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