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The solar energy market in South Africa is forecasted to grow by USD 3.74 billion during 2023-2028, accelerating at a CAGR of 32.03% during the forecast period. The report on the solar energy market in South Africa 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 sunny climatic conditions, rising government support, and declining levelized cost of energy (LCoE) of solar power generation.
The solar energy market in South Africa 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
- Middle East and Africa
The report on the solar energy market in South Africa covers the following areas:
- Solar energy market in South Africa sizing
- Solar energy market in South Africa forecast
- Solar energy market in South Africa 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 publisher 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Market Segmentation by Technology
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global solar energy market in South Africa: ARTsolar Pty Ltd, Canadian Solar Inc., Eaton Corp. Plc, Enel Spa, Ener G Africa, Energy Partners Solar Pty Ltd, ENGIE SA, FOXESS CO. LTD., Genergy, IBC SOLAR AG, Jetion Solar China Co. Ltd., Jiangsu Seraphim Solar System Co. Ltd., Jiangsu Zhongli Group Co. Ltd., JinkoSolar Holding Co. Ltd., Renenergy, Schneider Electric SE, Sharp Corp., Soventix GmbH, SunPower Corp., and Trina Solar Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing payg model.'
According to the report, one of the major drivers for this market is the sunny climatic conditions.
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:
- ARTsolar Pty Ltd
- Canadian Solar Inc.
- Eaton Corp. Plc
- Enel Spa
- Ener G Africa
- Energy Partners Solar Pty Ltd
- ENGIE SA
- FOXESS CO. LTD.
- Genergy
- IBC SOLAR AG
- Jetion Solar China Co. Ltd.
- Jiangsu Seraphim Solar System Co. Ltd.
- Jiangsu Zhongli Group Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- Renenergy
- Schneider Electric SE
- Sharp Corp.
- Soventix GmbH
- SunPower Corp.
- Trina Solar Co. Ltd.
