Solar Power Market by Technology (Solar Photovoltaic Systems {Mono-Si, Thin Film, Multi-Si, And Others}, Concentrated Solar Power Systems {Parabolic Trough, Power Tower, And Linear Fresnel}), Application (Residential, Non-Residential, And Utility), Solar Module (Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others) And Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) Global Trends and Forecast From 2022 To 2029

Published on: Apr 2023
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Market Size	CAGR	Dominating Region
USD 377.04 billion by 2029	7.0%	Asia Pacific

By Technology	By Application	By Solar Module
Solar Photovoltaic Systems Mono-Si Thin Film Multi-Si Others Concentrated Solar Power Systems Parabolic Trough Power Tower Linear Fresnel	Residential Non-Residential Utility	Monocrystalline Polycrystalline Cadmium Telluride Amorphous Silicon Cells Others

By Technology

By Application

By Solar Module

Solar Photovoltaic Systems

Mono-Si
Thin Film
Multi-Si
Others

Concentrated Solar Power Systems

Parabolic Trough
Power Tower
Linear Fresnel

Residential
Non-Residential
Utility

Monocrystalline
Polycrystalline
Cadmium Telluride
Amorphous Silicon Cells
Others

4.5/5 - (2 votes)

Solar Power Market Overview

The global Solar Power Market size is projected to reach USD 377.04 billion by 2029, at a CAGR of 7.0% during the forecast period.

Solar power is the process of conversion of energy from sunlight into electricity by directly using photovoltaics (PV) or indirectly using concentrated solar power. The photovoltaic effect is used by photovoltaic cells to convert light into an electric current. A huge region of sunlight is focused to a hot spot using concentrated solar power systems, which are frequently used to power a steam turbine.

In recent years, the generation of electricity has been powerfully impacted by the growing population in emerging countries. Power generation from renewable sources is increasing at a healthy rate and is thought to be the greatest practical replacement for conventional power sources like oil and coal products with the growth in carbon reduction.

ATTRIBUTE	DETAILS
Study period	2020-2029
Base year	2022
Estimated year	2022
Forecasted year	2022-2029
Historical period	2018-2020
Unit	Value (USD Billion)
Segmentation	by technology, application, solar module, Region.
By Technology	Solar Photovoltaic Systems Mono-Si Thin Film Multi-Si Others Concentrated Solar Power Systems Parabolic Trough Power Tower Linear Fresnel
By Application	Residential Non-Residential Utility
By Solar Module	Monocrystalline Polycrystalline Cadmium Telluride Amorphous Silicon Cells Others
By Region	North America Europe Asia Pacific South America Middle East and Africa

Solar energy generates electricity using photovoltaic cells found in solar boards and transparent photovoltaic glass or as thermal energy (heat). The total amount of solar energy incident on Earth is currently enormously ample and may anticipate energy needs. This widely dispersed source has the potential to supply all of the energy needs of the future if properly utilized.

Due to its limitless availability and ecofriendly nature, solar energy has emerged over the past several years as a significant renewable energy source that contrasts with the finite fossil fuels of coal, oil, and natural gas. The demand for renewable energy and its sources has increased as a result of the growing desire to lessen our reliance on fossil fuels and reduce the carbon emissions that result from burning them. During the forecast period, this aspect is expected to fuel market growth.

Solar Power Market | Exactitude Consultancy

Solar Power Market Segment Analysis

The global solar power market is segmented into of technology, application, solar module and region.

Based on technology, the market is divided into solar photovoltaic systems the photovoltaic (PV) systems category and concentrated solar power systems. The photovoltaic (PV) systems category, with a market with a market share of over 70%, dominated the global solar power market. Due to the huge market demand for solar systems, the size of photovoltaic systems can range widely, from small rooftop or portable systems to massive utility-scale production plants. During the projected period, the concentrated solar power systems segment will be the most opportunistic. This market sector is expanding at the fastest rate in the solar power industry due to the enormous increase in solar energy demand.

The market is segmented into residential, non-residential, and utility segments based on application. The utility segment dominates the market due to growing installation targets and the high operating efficiency of PV panels compared to other competitors. Utility-beneficial large-scale solar power plants are made up of numerous PV arrays installed together. Due to the ease of installation and electrical interconnectivity of the arrays, utilities may construct PV plants much more quickly than conventional power plants. With the rising energy demand, solar energy usage is also rising across residential segment. In parallel with the public’s improved understanding of the benefits of employing renewable and efficient energy sources for residential purposes, there are more residential construction projects being undertaken. As a result, it is anticipated that these elements will fuel the residential segment’s expansion.

On the basis of solar module, the market is segmented into monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, others. Both monocrystalline and polycrystalline silicon cells has been seen high demand, particularly in residential applications. The demand for first-generation silicon cells, which comprise both monocrystalline and polycrystalline silicon cells, has increased due to the growth of solar applications. Due to low cost, amorphous silicon and cadmium telluride silicon cells are predicted to rise in popularity.

Solar Power Market Players:

The global solar power companies profiled in the report include Trina Solar, First Solar, Yingli Solar, Tata Power Solar System Ltd, Abengoa, Canadian Solar Inc., Waaree Group, General Electric Company, BrightSource Energy, Inc., SunPower Corporation, Convert Italia, Urja Global Limited, eSolar Inc. Mergers and acquisitions, joint ventures, capacity expansion, significant distribution, and branding decisions by established industry players to improve market share and regional presence. They are also engaged in ongoing R&D activities to develop new products and are focused on expanding the product portfolio. This is expected to increase competition and pose a threat to new entrants into the market.

Recent Developments

May 11, 2022: Trina Solar launched new generation of Vertex S and Vertex modules for rooftops, with a 30W power boost.

September 14, 2020: Trina Solar Co., Ltd, a leading global PV and smart energy total solution provider, announced its acquisition of the remaining 49% equity in Nclave Renewable S.L. to make Nclave a wholly-owned subsidiary of Trina Solar.

Who Should Buy? Or Key stakeholders

Research and development
Manufacturing
End-Use Industries
Research Institutes and Organizations
Regulatory Bodies
Environmental research institutes
National and local governments
Solar thermal system manufacturers and suppliers
National and local governments

Solar Power Market Regional Analysis

Geographically, the Solar power Market is segmented into North America, South America, Europe, APAC and MEA.

North America: includes the US, Canada, Mexico
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

Asia Pacific is expected to hold the largest market share for solar power during the forecast period, with China accounting for the majority of demand. The country ranks among the world’s top manufacturers and consumers of solar energy. The country needs to use more renewable energy sources and is heavily reliant on traditional supplies. Another important prospective market for solar energy in the Asia Pacific region is India. As energy demand from many industries grows quickly, solar energy installation is rising. A favorable forecast for the use of clean energy and a supportive regulatory environment are some of the main forces driving regional growth.

Furthermore, a huge portion of the industry in 2021 is probably going to be in North America. Regional growth is mostly driven by the rapidly rising energy demand from numerous industries, a promising future for the deployment of clean energy, and a supportive regulatory environment.

Additionally, the Middle East and Africa solar power market is anticipated to see the greatest growth rate between 2022 and 2029 as a result of the successful initiatives put out by numerous countries in the region to lessen their reliance on natural gas and crude oil for the production of energy. A dependable power source must be adopted in the area in order to support the remote locations with high sun exposure and poor grid connectivity.

Key Market Segments: Solar Power Market

Solar Power Market By Technology, 2020-2029, (Usd Billion)

Solar Photovoltaic Systems
Mono-Si
Thin Film
Multi-Si
Others
Concentrated Solar Power Systems
Parabolic Trough
Power Tower
Linear Fresnel

Solar Power Market By Application, 2020-2029, (Usd Billion)

Residential
Non-Residential
Utility

Solar Power Market By Solar Module, 2020-2029, (Usd Billion)

Monocrystalline
Polycrystalline
Cadmium Telluride
Amorphous Silicon Cells
Others

Solar Power Market By Region, 2020-2029, (Usd Billion)

North America
Europe
Asia Pacific
South America
Middle East And Africa

Important Countries In All Regions Are Covered.

Exactitude Consultancy Services Key Objectives:

Increasing sales and market share
Developing new technology
Improving profitability
Entering new markets
Enhancing brand reputation

Key Question Answered

What is the expected growth rate of the solar power market over the next 7 years?
Who are the major players in the solar power market and what is their market share?
What are the end-user industries driving demand for market and what is their outlook?
What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
How is the economic environment affecting the solar power market, including factors such as interest rates, inflation, and exchange rates?
What is the expected impact of government policies and regulations on the solar power market?
What is the current and forecasted size and growth rate of the global solar power market?
What are the key drivers of growth in the solar power market?
Who are the major players in the market and what is their market share?
What are the distribution channels and supply chain dynamics in the solar power market?
What are the technological advancements and innovations in the solar power market and their impact on product development and growth?
What are the regulatory considerations and their impact on the market?
What are the challenges faced by players in the solar power market and how are they addressing these challenges?
What are the opportunities for growth and expansion in the solar power market?
What are the product offerings and specifications of leading players in the market?

INTRODUCTION
1. MARKET DEFINITION
2. MARKET SEGMENTATION
3. RESEARCH TIMELINES
4. ASSUMPTIONS AND LIMITATIONS
RESEARCH METHODOLOGY
1. DATA MINING
  1. SECONDARY RESEARCH
  2. PRIMARY RESEARCH
  3. SUBJECT-MATTER EXPERTS’ ADVICE
2. QUALITY CHECKS
  1. FINAL REVIEW
3. DATA TRIANGULATION
  1. BOTTOM-UP APPROACH
  2. TOP-DOWN APPROACH
  3. RESEARCH FLOW
4. DATA SOURCES
EXECUTIVE SUMMARY
MARKET OVERVIEW
1. GLOBAL SOLAR POWER MARKET OUTLOOK
  1. MARKET DRIVERS
  2. MARKET RESTRAINTS
  3. MARKET OPPORTUNITIES
2. IMPACT OF COVID-19 ON THE SOLAR POWER MARKET
3. PORTER’S FIVE FORCES MODEL
  1. THREAT FROM NEW ENTRANTS
  2. THREAT FROM SUBSTITUTES
  3. BARGAINING POWER OF SUPPLIERS
  4. BARGAINING POWER OF CUSTOMERS
  5. DEGREE OF COMPETITION
4. INDUSTRY VALUE CHAIN ANALYSIS
GLOBAL SOLAR POWER MARKET BY TECHNOLOGY, 2020-2029, (USD BILLION)
1. SOLAR PHOTOVOLTAIC SYSTEMS
  1. MONO-SI
  2. THIN FILM
  3. MULTI-SI
  4. OTHERS
2. CONCENTRATED SOLAR POWER SYSTEMS
  1. PARABOLIC TROUGH
  2. POWER TOWER
  3. LINEAR FRESNEL

GLOBAL SOLAR POWER MARKET BY APPLICATION, 2020-2029, (USD BILLION)
1. RESIDENTIAL
2. NON-RESIDENTIAL
3. UTILITY
GLOBAL SOLAR POWER MARKET BY SOLAR MODULE, 2022-2029, (USD BILLION)
1. MONOCRYSTALLINE
2. POLYCRYSTALLINE
3. CADMIUM TELLURIDE
4. AMORPHOUS SILICON CELLS
5. OTHERS
GLOBAL SOLAR POWER MARKET BY REGION, 2020-2029, (USD BILLION)
1. NORTH AMERICA
  1. US
  2. CANADA
  3. MEXICO
2. SOUTH AMERICA
  1. BRAZIL
  2. ARGENTINA
  3. COLOMBIA
  4. REST OF SOUTH AMERICA
3. EUROPE
  1. GERMANY
  2. UK
  3. FRANCE
  4. ITALY
  5. SPAIN
  6. RUSSIA
  7. REST OF EUROPE
4. ASIA PACIFIC
  1. INDIA
  2. CHINA
  3. JAPAN
  4. SOUTH KOREA
  5. AUSTRALIA
  6. SOUTH-EAST ASIA
  7. REST OF ASIA PACIFIC
5. MIDDLE EAST AND AFRICA
  1. UAE
  2. SAUDI ARABIA
  3. SOUTH AFRICA
  4. REST OF MIDDLE EAST AND AFRICA

COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
1. TRINA SOLAR
2. FIRST SOLAR
3. YINGLI SOLAR
4. TATA POWER SOLAR SYSTEM LTD
5. ABENGOA
6. CANADIAN SOLAR INC.
7. WAAREE GROUP
8. GENERAL ELECTRIC COMPANY
9. BRIGHTSOURCE ENERGY, INC.
10. SUNPOWER CORPORATION
11. CONVERT ITALIA
12. URJA GLOBAL LIMITED
13. ESOLAR INC *THE COMPANY LIST IS INDICATIVE

LIST OF TABLES

TABLE 1 GLOBAL SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 2 GLOBAL SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 3 GLOBAL SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 4 GLOBAL SOLAR POWER MARKET BY REGION (USD BILLION), 2020-2029

TABLE 5 NORTH AMERICA SOLAR POWER MARKET BY COUNTRY, 2020-2029

TABLE 6 NORTH AMERICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 7 NORTH AMERICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 8 NORTH AMERICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 9 US SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 10 US SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 11 US SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 12 CANADA SOLAR POWER MARKET BY TECHNOLOGY (MILLIONS), 2020-2029

TABLE 13 CANADA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 14 CANADA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 15 MEXICO SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 16 MEXICO SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 17 MEXICO SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 18 SOUTH AMERICA SOLAR POWER MARKET BY COUNTRY (USD BILLION), 2020-2029

TABLE 19 SOUTH AMERICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 20 SOUTH AMERICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 21 SOUTH AMERICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 22 BRAZIL SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 23 BRAZIL SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 24 BRAZIL SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 25 ARGENTINA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 26 ARGENTINA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 27 ARGENTINA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 28 COLOMBIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 29 COLOMBIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 30 COLOMBIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 31 REST OF SOUTH AMERICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 32 REST OF SOUTH AMERICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 33 REST OF SOUTH AMERICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 34 ASIA-PACIFIC SOLAR POWER MARKET BY COUNTRY (USD BILLION), 2020-2029

TABLE 35 ASIA-PACIFIC SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 36 ASIA-PACIFIC SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 37 ASIA-PACIFIC SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 38 INDIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 39 INDIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 40 INDIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 41 CHINA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 42 CHINA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 43 CHINA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 44 JAPAN SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 45 JAPAN SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 46 JAPAN SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 47 SOUTH KOREA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 48 SOUTH KOREA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 49 SOUTH KOREA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 50 AUSTRALIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 51 AUSTRALIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 52 AUSTRALIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 53 SOUTH EAST ASIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 54 SOUTH EAST ASIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 55 SOUTH EAST ASIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 56 REST OF ASIA PACIFIC SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 57 REST OF ASIA PACIFIC SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 58 REST OF ASIA PACIFIC SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 59 EUROPE SOLAR POWER MARKET BY COUNTRY (USD BILLION), 2020-2029

TABLE 60 EUROPE SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 61 EUROPE SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 62 EUROPE SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 63 GERMANY SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 64 GERMANY SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 65 GERMANY SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 66 UK SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 67 UK SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 68 UK SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 69 FRANCE SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 70 FRANCE SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 71 FRANCE SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 72 ITALY SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 73 ITALY SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 74 ITALY SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 75 SPAIN SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 76 SPAIN SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 77 SPAIN SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 78 RUSSIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 79 RUSSIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 80 RUSSIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 81 REST OF EUROPE SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 82 REST OF EUROPE SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 83 REST OF EUROPE SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 84 MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY COUNTRY (USD BILLION), 2020-2029

TABLE 85 MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 86 MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 87 MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 88 UAE SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 89 UAE SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 90 UAE SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 91 SAUDI ARABIA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 92 SAUDI ARABIA SOLAR POWER MARKET BY TECHNOLOGY, 2020-2029

TABLE 93 SAUDI ARABIA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 94 SAUDI ARABIA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 95 SOUTH AFRICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 96 SOUTH AFRICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 97 SOUTH AFRICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

TABLE 98 REST OF MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY TECHNOLOGY (USD BILLION), 2020-2029

TABLE 99 REST OF MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY APPLICATION (USD BILLION), 2020-2029

TABLE 100 REST OF MIDDLE EAST AND AFRICA SOLAR POWER MARKET BY SOLAR MODULE (USD BILLION), 2020-2029

LIST OF FIGURES

FIGURE 1 MARKET DYNAMICS

FIGURE 2 MARKET SEGMENTATION

FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4 DATA TRIANGULATION

FIGURE 5 BOTTOM-UP APPROACH

FIGURE 6 TOP-DOWN APPROACH

FIGURE 7 RESEARCH FLOW

FIGURE 8 GLOBAL SOLAR POWER MARKET BY TECHNOLOGY, USD BILLION, 2020-2029

FIGURE 9 GLOBAL SOLAR POWER MARKET BY APPLICATION, USD BILLION, 2020-2029

FIGURE 10 GLOBAL SOLAR POWER MARKET BY SOLAR MODULE, USD BILLION, 2020-2029

FIGURE 11 GLOBAL SOLAR POWER MARKET BY REGION, USD BILLION, 2020-2029

FIGURE 12 PORTER’S FIVE FORCES MODEL

FIGURE 13 GLOBAL SOLAR POWER MARKET BY TECHNOLOGY, 2021

FIGURE 14 GLOBAL SOLAR POWER MARKET BY APPLICATION, 2021

FIGURE 15 GLOBAL SOLAR POWER MARKET BY SOLAR MODULE, 2021

FIGURE 16 GLOBAL SOLAR POWER MARKET BY REGION, 2021

FIGURE 17 MARKET SHARE ANALYSIS

FIGURE 18 TRINA SOLAR: COMPANY SNAPSHOT

FIGURE 19 FIRST SOLAR: COMPANY SNAPSHOT

FIGURE 20 YINGLI SOLAR: COMPANY SNAPSHOT

FIGURE 21 TATA POWER SOLAR SYSTEM LTD: COMPANY SNAPSHOT

FIGURE 22 ABENGOA: COMPANY SNAPSHOT

FIGURE 23 CANADIAN SOLAR INC.: COMPANY SNAPSHOT

FIGURE 24 WAAREE GROUP: COMPANY SNAPSHOT

FIGURE 25 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT

FIGURE 26 BRIGHTSOURCE ENERGY, INC.: COMPANY SNAPSHOT

FIGURE 27 SUNPOWER CORPORATION: COMPANY SNAPSHOT

FIGURE 28 CONVERT ITALIA: COMPANY SNAPSHOT

FIGURE 29 URJA GLOBAL LIMITED: COMPANY SNAPSHOT

FIGURE 30 ESOLAR INC: COMPANY SNAPSHOT

FIGURE 31 OTHER.: COMPANY SNAPSHOT

• What is the worth of global Solar power Market?

The solar power market size had crossed USD 219.24 billion in 2021 and will observe a CAGR of more than 7.0% up to 2029

• Which market segments are covered in the report on the solar power market?

Based on technology, application, and solar module, the solar power market report’s divisions are broken down.

• What is the CAGR of solar power market?

The global solar power market registered a CAGR of 7.0% from 2022 to 2029. The industry segment was the highest revenue contributor to the market.

• Which are the top companies to hold the market share in solar power market?

• Which is the largest regional market for solar power market?

Asia Pacific is estimated to be the fastest growing market for solar power during 2022 to 2029

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