1h Free Analyst Time
The solar power market in India is forecasted to grow by USD 754 billion during 2024-2029, accelerating at a CAGR of 42.4% during the forecast period. The report on the solar power market in India 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 investments in renewable energy, favorable government regulations for solar energy, and increased adoption of microgrids.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The solar power market in India is segmented as below:
By Application
- Grid-connected
- Off-grid
By End-user
- Utility
- Rooftop
By Geographical Landscape
- APAC
The report on the solar power market in India covers the following areas:
- Solar Power Market in India sizing
- Solar Power Market in India forecast
- Solar Power Market in India industry analysis
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 Customer Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the solar power market in india: ABB Ltd, ACME Solar, Adani Group, Azure Power Global Ltd., Canadian Solar Inc., GCL System Integration Technology Co. Ltd., Huawei Technologies Co. Ltd., JA Solar Technology Co. Ltd., Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., MVV Energie AG, Reliance Industries Ltd., ReNew Energy Global Plc, Risen Energy Co. Ltd., SMA Solar Technology AG, Sterling and Wilson Renewable Energy Ltd, Sungrow Power Supply Co. Ltd., Sunsure Energy, and Suzlon Energy Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is declining costs of solar energy."
According to the report, one of the major drivers for this market is the increasing investments in renewable energy.
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:
- ABB Ltd
- ACME Solar
- Adani Group
- Azure Power Global Ltd.
- Canadian Solar Inc.
- GCL System Integration Technology Co. Ltd.
- Huawei Technologies Co. Ltd.
- JA Solar Technology Co. Ltd.
- Larsen and Toubro Ltd.
- Mahindra and Mahindra Ltd.
- MVV Energie AG
- Reliance Industries Ltd.
- ReNew Energy Global Plc
- Risen Energy Co. Ltd.
- SMA Solar Technology AG
- Sterling and Wilson Renewable Energy Ltd
- Sungrow Power Supply Co. Ltd.
- Sunsure Energy
- Suzlon Energy Ltd.
