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Solar Photovoltaic (PV) Market 2024-2028

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    Report

  • 165 Pages
  • September 2024
  • Region: Global
  • TechNavio
  • ID: 5847356
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The solar photovoltaic (PV) market is forecasted to grow by USD 53.5 billion during 2023-2028, accelerating at a CAGR of 8.79% during the forecast period. The report on the solar photovoltaic (PV) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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, increasing focus on renewable energy, and declining cost of solar photovoltaic cells.

The solar photovoltaic (PV) market is segmented as below:

By Deployment

  • Ground-mounted
  • Rooftop

By End-user

  • Commercial
  • Residential
  • Utility

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the increasing focus on decarbonization by vendors as one of the prime reasons driving the solar photovoltaic (PV) market growth during the next few years. Also, advances in thin-film solar photovoltaic cells and increasing grid electrification will lead to sizable demand in the market.

The report on the solar photovoltaic (PV) market covers the following areas:

  • Solar photovoltaic (PV) market sizing
  • Solar photovoltaic (PV) market forecast
  • Solar photovoltaic (PV) market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar photovoltaic (PV) market vendors that include ABB Ltd., All Earth Renewables, Canadian Solar Inc., Eaton Corp PLC, EMMVEE SOLAR, First Solar Inc., Hanwha Corp., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Mitsubishi Electric Corp., Sharp Corp., SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., Tongwei Co. Ltd., Trina Solar Co. Ltd., Waaree Energies Ltd., Wuxi Suntech Power Co. Ltd., Yingli Green Energy Holding Co. Ltd., and Zhejiang CHINT Electrics Co. Ltd. Also, the solar photovoltaic (PV) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 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
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Deployment
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Solar Photovoltaic (PV) Market 2018 - 2022
  • Historic Market Size - Data Table on Global Solar Photovoltaic (PV) Market 2018 - 2022 ($ billion)
4.2 Deployment segment analysis 2018 - 2022
  • Historic Market Size - Deployment Segment 2018 - 2022 ($ billion)
4.3 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Deployment
6.1 Market segments
  • Chart on Deployment - Market share 2023-2028 (%)
  • Data Table on Deployment - Market share 2023-2028 (%)
6.2 Comparison by Deployment
  • Chart on Comparison by Deployment
  • Data Table on Comparison by Deployment
6.3 Ground-mounted - Market size and forecast 2023-2028
  • Chart on Ground-mounted - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Ground-mounted - Market size and forecast 2023-2028 ($ billion)
  • Chart on Ground-mounted - Year-over-year growth 2023-2028 (%)
  • Data Table on Ground-mounted - Year-over-year growth 2023-2028 (%)
6.4 Rooftop - Market size and forecast 2023-2028
  • Chart on Rooftop - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Rooftop - Market size and forecast 2023-2028 ($ billion)
  • Chart on Rooftop - Year-over-year growth 2023-2028 (%)
  • Data Table on Rooftop - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Deployment
  • Market opportunity by Deployment ($ billion)
  • Data Table on Market opportunity by Deployment ($ billion)
7 Market Segmentation by End-user
7.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
7.3 Commercial - Market size and forecast 2023-2028
  • Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
  • Chart on Commercial - Year-over-year growth 2023-2028 (%)
  • Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.4 Residential - Market size and forecast 2023-2028
  • Chart on Residential - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
  • Chart on Residential - Year-over-year growth 2023-2028 (%)
  • Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.5 Utility - Market size and forecast 2023-2028
  • Chart on Utility - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Utility - Market size and forecast 2023-2028 ($ billion)
  • Chart on Utility - Year-over-year growth 2023-2028 (%)
  • Data Table on Utility - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
  • Market opportunity by End-user ($ billion)
  • Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
  • Chart on Japan - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
  • Chart on Japan - Year-over-year growth 2023-2028 (%)
  • Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Vietnam - Market size and forecast 2023-2028
  • Chart on Vietnam - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Vietnam - Market size and forecast 2023-2028 ($ billion)
  • Chart on Vietnam - Year-over-year growth 2023-2028 (%)
  • Data Table on Vietnam - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ billion)
  • Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 ABB Ltd.
  • ABB Ltd. - Overview
  • ABB Ltd. - Business segments
  • ABB Ltd. - Key news
  • ABB Ltd. - Key offerings
  • ABB Ltd. - Segment focus
12.4 Canadian Solar Inc.
  • Canadian Solar Inc. - Overview
  • Canadian Solar Inc. - Business segments
  • Canadian Solar Inc. - Key news
  • Canadian Solar Inc. - Key offerings
  • Canadian Solar Inc. - Segment focus
12.5 Eaton Corp plc
  • Eaton Corp plc - Overview
  • Eaton Corp plc - Business segments
  • Eaton Corp plc - Key news
  • Eaton Corp plc - Key offerings
  • Eaton Corp plc - Segment focus
12.6 First Solar Inc.
  • First Solar Inc. - Overview
  • First Solar Inc. - Business segments
  • First Solar Inc. - Key news
  • First Solar Inc. - Key offerings
  • First Solar Inc. - Segment focus
12.7 Hanwha Corp.
  • Hanwha Corp. - Overview
  • Hanwha Corp. - Product / Service
  • Hanwha Corp. - Key news
  • Hanwha Corp. - Key offerings
12.8 JA Solar Technology Co. Ltd.
  • JA Solar Technology Co. Ltd. - Overview
  • JA Solar Technology Co. Ltd. - Product / Service
  • JA Solar Technology Co. Ltd. - Key news
  • JA Solar Technology Co. Ltd. - Key offerings
12.9 JinkoSolar Holding Co. Ltd.
  • JinkoSolar Holding Co. Ltd. - Overview
  • JinkoSolar Holding Co. Ltd. - Product / Service
  • JinkoSolar Holding Co. Ltd. - Key news
  • JinkoSolar Holding Co. Ltd. - Key offerings
12.10 LONGi Green Energy Technology Co. Ltd.
  • LONGi Green Energy Technology Co. Ltd. - Overview
  • LONGi Green Energy Technology Co. Ltd. - Product / Service
  • LONGi Green Energy Technology Co. Ltd. - Key news
  • LONGi Green Energy Technology Co. Ltd. - Key offerings
12.11 Mitsubishi Electric Corp.
  • Mitsubishi Electric Corp. - Overview
  • Mitsubishi Electric Corp. - Business segments
  • Mitsubishi Electric Corp. - Key news
  • Mitsubishi Electric Corp. - Key offerings
  • Mitsubishi Electric Corp. - Segment focus
12.12 Sharp Corp.
  • Sharp Corp. - Overview
  • Sharp Corp. - Business segments
  • Sharp Corp. - Key news
  • Sharp Corp. - Key offerings
  • Sharp Corp. - Segment focus
12.13 SMA Solar Technology AG
  • SMA Solar Technology AG - Overview
  • SMA Solar Technology AG - Business segments
  • SMA Solar Technology AG - Key offerings
  • SMA Solar Technology AG - Segment focus
12.14 Trina Solar Co. Ltd.
  • Trina Solar Co. Ltd. - Overview
  • Trina Solar Co. Ltd. - Product / Service
  • Trina Solar Co. Ltd. - Key news
  • Trina Solar Co. Ltd. - Key offerings
12.15 Waaree Energies Ltd.
  • Waaree Energies Ltd. - Overview
  • Waaree Energies Ltd. - Product / Service
  • Waaree Energies Ltd. - Key offerings
12.16 Wuxi Suntech Power Co. Ltd.
  • Wuxi Suntech Power Co. Ltd. - Overview
  • Wuxi Suntech Power Co. Ltd. - Product / Service
  • Wuxi Suntech Power Co. Ltd. - Key news
  • Wuxi Suntech Power Co. Ltd. - Key offerings
12.17 Zhejiang CHINT Electrics Co. Ltd.
  • Zhejiang CHINT Electrics Co. Ltd. - Overview
  • Zhejiang CHINT Electrics Co. Ltd. - Product / Service
  • Zhejiang CHINT Electrics Co. Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Solar Photovoltaic (PV) Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Deployment Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Deployment - Market share 2023-2028 (%)
Exhibits 33: Data Table on Deployment - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Deployment
Exhibits 35: Data Table on Comparison by Deployment
Exhibits 36: Chart on Ground-mounted - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Ground-mounted - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Ground-mounted - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Ground-mounted - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Rooftop - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Rooftop - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Rooftop - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Rooftop - Year-over-year growth 2023-2028 (%)
Exhibits 44: Market opportunity by Deployment ($ billion)
Exhibits 45: Data Table on Market opportunity by Deployment ($ billion)
Exhibits 46: Chart on End-user - Market share 2023-2028 (%)
Exhibits 47: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 48: Chart on Comparison by End-user
Exhibits 49: Data Table on Comparison by End-user
Exhibits 50: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 52: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 54: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Utility - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Utility - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Utility - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Utility - Year-over-year growth 2023-2028 (%)
Exhibits 62: Market opportunity by End-user ($ billion)
Exhibits 63: Data Table on Market opportunity by End-user ($ billion)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on Vietnam - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on Vietnam - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on Vietnam - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on Vietnam - Year-over-year growth 2023-2028 (%)
Exhibits 109: Market opportunity By Geographical Landscape ($ billion)
Exhibits 110: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 111: Impact of drivers and challenges in 2023 and 2028
Exhibits 112: Overview on criticality of inputs and factors of differentiation
Exhibits 113: Overview on factors of disruption
Exhibits 114: Impact of key risks on business
Exhibits 115: Companies covered
Exhibits 116: Matrix on companies position and classification
Exhibits 117: ABB Ltd. - Overview
Exhibits 118: ABB Ltd. - Business segments
Exhibits 119: ABB Ltd. - Key news
Exhibits 120: ABB Ltd. - Key offerings
Exhibits 121: ABB Ltd. - Segment focus
Exhibits 122: Canadian Solar Inc. - Overview
Exhibits 123: Canadian Solar Inc. - Business segments
Exhibits 124: Canadian Solar Inc. - Key news
Exhibits 125: Canadian Solar Inc. - Key offerings
Exhibits 126: Canadian Solar Inc. - Segment focus
Exhibits 127: Eaton Corp plc - Overview
Exhibits 128: Eaton Corp plc - Business segments
Exhibits 129: Eaton Corp plc - Key news
Exhibits 130: Eaton Corp plc - Key offerings
Exhibits 131: Eaton Corp plc - Segment focus
Exhibits 132: First Solar Inc. - Overview
Exhibits 133: First Solar Inc. - Business segments
Exhibits 134: First Solar Inc. - Key news
Exhibits 135: First Solar Inc. - Key offerings
Exhibits 136: First Solar Inc. - Segment focus
Exhibits 137: Hanwha Corp. - Overview
Exhibits 138: Hanwha Corp. - Product / Service
Exhibits 139: Hanwha Corp. - Key news
Exhibits 140: Hanwha Corp. - Key offerings
Exhibits 141: JA Solar Technology Co. Ltd. - Overview
Exhibits 142: JA Solar Technology Co. Ltd. - Product / Service
Exhibits 143: JA Solar Technology Co. Ltd. - Key news
Exhibits 144: JA Solar Technology Co. Ltd. - Key offerings
Exhibits 145: JinkoSolar Holding Co. Ltd. - Overview
Exhibits 146: JinkoSolar Holding Co. Ltd. - Product / Service
Exhibits 147: JinkoSolar Holding Co. Ltd. - Key news
Exhibits 148: JinkoSolar Holding Co. Ltd. - Key offerings
Exhibits 149: LONGi Green Energy Technology Co. Ltd. - Overview
Exhibits 150: LONGi Green Energy Technology Co. Ltd. - Product / Service
Exhibits 151: LONGi Green Energy Technology Co. Ltd. - Key news
Exhibits 152: LONGi Green Energy Technology Co. Ltd. - Key offerings
Exhibits 153: Mitsubishi Electric Corp. - Overview
Exhibits 154: Mitsubishi Electric Corp. - Business segments
Exhibits 155: Mitsubishi Electric Corp. - Key news
Exhibits 156: Mitsubishi Electric Corp. - Key offerings
Exhibits 157: Mitsubishi Electric Corp. - Segment focus
Exhibits 158: Sharp Corp. - Overview
Exhibits 159: Sharp Corp. - Business segments
Exhibits 160: Sharp Corp. - Key news
Exhibits 161: Sharp Corp. - Key offerings
Exhibits 162: Sharp Corp. - Segment focus
Exhibits 163: SMA Solar Technology AG - Overview
Exhibits 164: SMA Solar Technology AG - Business segments
Exhibits 165: SMA Solar Technology AG - Key offerings
Exhibits 166: SMA Solar Technology AG - Segment focus
Exhibits 167: Trina Solar Co. Ltd. - Overview
Exhibits 168: Trina Solar Co. Ltd. - Product / Service
Exhibits 169: Trina Solar Co. Ltd. - Key news
Exhibits 170: Trina Solar Co. Ltd. - Key offerings
Exhibits 171: Waaree Energies Ltd. - Overview
Exhibits 172: Waaree Energies Ltd. - Product / Service
Exhibits 173: Waaree Energies Ltd. - Key offerings
Exhibits 174: Wuxi Suntech Power Co. Ltd. - Overview
Exhibits 175: Wuxi Suntech Power Co. Ltd. - Product / Service
Exhibits 176: Wuxi Suntech Power Co. Ltd. - Key news
Exhibits 177: Wuxi Suntech Power Co. Ltd. - Key offerings
Exhibits 178: Zhejiang CHINT Electrics Co. Ltd. - Overview
Exhibits 179: Zhejiang CHINT Electrics Co. Ltd. - Product / Service
Exhibits 180: Zhejiang CHINT Electrics Co. Ltd. - Key offerings
Exhibits 181: Inclusions checklist
Exhibits 182: Exclusions checklist
Exhibits 183: Currency conversion rates for US$
Exhibits 184: Research methodology
Exhibits 185: Information sources
Exhibits 186: Data validation
Exhibits 187: Validation techniques employed for market sizing
Exhibits 188: Data synthesis
Exhibits 189: 360 degree market analysis
Exhibits 190: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global solar photovoltaic (pv) market: ABB Ltd., All Earth Renewables, Canadian Solar Inc., Eaton Corp plc, EMMVEE SOLAR, First Solar Inc., Hanwha Corp., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Mitsubishi Electric Corp., Sharp Corp., SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., Tongwei Co. Ltd., Trina Solar Co. Ltd., Waaree Energies Ltd., Wuxi Suntech Power Co. Ltd., Yingli Green Energy Holding Co. Ltd., and Zhejiang CHINT Electrics Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on decarbonization by vendors."

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:

  • ABB Ltd.
  • All Earth Renewables
  • Canadian Solar Inc.
  • Eaton Corp plc
  • EMMVEE SOLAR
  • First Solar Inc.
  • Hanwha Corp.
  • JA Solar Technology Co. Ltd.
  • JinkoSolar Holding Co. Ltd.
  • LONGi Green Energy Technology Co. Ltd.
  • Mitsubishi Electric Corp.
  • Sharp Corp.
  • SMA Solar Technology AG
  • Sungrow Power Supply Co. Ltd.
  • Tongwei Co. Ltd.
  • Trina Solar Co. Ltd.
  • Waaree Energies Ltd.
  • Wuxi Suntech Power Co. Ltd.
  • Yingli Green Energy Holding Co. Ltd.
  • Zhejiang CHINT Electrics Co. Ltd.