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The solar energy market in canada is forecasted to grow by USD 2.25 billion during 2024-2029, accelerating at a CAGR of 23.9% during the forecast period. The report on the solar energy market in canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government support for solar power technology, rise in investments in clean energy technologies, and declining levelized cost of energy (LCOE) of solar power generation.
The solar energy market in canada is segmented as below:
By Application
- Grid-connected
- Off-grid
By End-user
- Utility
- Rooftop
By Technology
- Photovoltaic systems
- Concentrated solar power systems
By Geographical Landscape
- North America
The report on the solar energy market in canada covers the following areas:
- Solar Energy Market in Canada sizing
- Solar Energy Market in Canada forecast
- Solar Energy Market in Canada industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by End-user
10 Market Segmentation by Technology
11 Customer Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the solar energy market in canada: Azgard Solar Inc., Bird Construction Inc., BluEarth Renewables, Canadian Solar Inc., DP Energy, Gorkon Industries, Great Canadian Solar Ltd., Greengate Power Corp., HELIENE Inc., miEnergy Inc., PureSky Community Solar Inc., Quadra Power Inc., and VCT Group Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing adoption of pay-as-you-go (PAYG) model."
According to the report, one of the major drivers for this market is the increasing government support for solar power technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Azgard Solar Inc.
- Bird Construction Inc.
- BluEarth Renewables
- Canadian Solar Inc.
- DP Energy
- Gorkon Industries
- Great Canadian Solar Ltd.
- Greengate Power Corp.
- HELIENE Inc.
- miEnergy Inc.
- PureSky Community Solar Inc.
- Quadra Power Inc.
- VCT Group Inc.
