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Solar Power Market Size, Growth, Demands Outlook and Forecasts to 2030

Precedence Research - January 27, 2023

According to the research report, the global solar power market size is expected to touch USD 368.63 Billion by 2030, from USD 211.31 Billion in 2022, growing with a significant CAGR of 7.2% from 2022 to 2030. 

Solar Power Market Size 2022-2030

The solar power report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global solar power in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global solar power market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global solar power during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

Sample Link @ https://www.precedenceresearch.com/sample/1574

 Report Scope of the Solar Power Market

Report CoverageDetails
Market SizeUSD 368.63 Billion by 2030
Growth Rate

CAGR of 7.2% from 2022 to 2030

Base Year2021
Largest MarketAsia Pacific
Fastest Growing MarketNorth America
Forecast Period2022 to 2030
Segments CoveredTechnology, Application, End User, Solar Module, Region

This study covers a detailed segmentation of the global solar power market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global solar power market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • Abengoa Se
  • Acciona S.A.
  • Canadian solar, Inc.
  • Esolar, Inc.
  • United renewable energy co. Ltd.
  • Sunpower corporation
  • Kaneka corporation
  • Tata power solar systems ltd.
  • Wuxi suntech power co., ltd.
  • Brightsource energy, Inc.

Market Segmentation

 By Application

  • Residential
  • Commercial
  • Industrial

By Technology

  • Photovoltaic Systems
    • Moni-Si
    • Thin Film
    • Multi-Si
    • Others
  • Concentrated Solar Power Systems
    • Parabolic trough
    • Solar power tower
    • Fresnel reflectors
    • Dish Stirling

By End Use

  • Electricity Generation
  • Lighting
  • Heating
  • Charging

By Solar Module

  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride
  • Amorphous Silicon Cells
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global solar power report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global solar power market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Solar Power Market 

5.1. COVID-19 Landscape: Solar Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Solar Power Market, By Application

8.1. Solar Power Market, by Application Type, 2022-2030

8.1.1. Residential

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Commercial

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Industrial

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Solar Power Market, By Technology

9.1. Solar Power Market, by Technology, 2022-2030

9.1.1. Photovoltaic Systems

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Concentrated Solar Power Systems

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Solar Power Market, By End Use 

10.1. Solar Power Market, by End Use Type, 2022-2030

10.1.1. Electricity Generation

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Lighting

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Heating

10.1.3.1. Market Revenue and Forecast (2019-2030)

10.1.4. Charging

10.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Solar Power Market, By Solar Module

11.1. Solar Power Market, by Solar Module Type, 2022-2030

11.1.1. Monocrystalline

11.1.1.1. Market Revenue and Forecast (2019-2030)

11.1.2. Polycrystalline

11.1.2.1. Market Revenue and Forecast (2019-2030)

11.1.3. Cadmium Telluride

11.1.3.1. Market Revenue and Forecast (2019-2030)

11.1.4. Amorphous Silicon Cells

11.1.4.1. Market Revenue and Forecast (2019-2030)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 12. Global Solar Power Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application (2019-2030)

12.1.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.1.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.1.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.1.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application (2019-2030)

12.1.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.1.6.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.1.6.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application (2019-2030)

12.2.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.2.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.2.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.2.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application (2019-2030)

12.2.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.6.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.2.6.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application (2019-2030)

12.2.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.7.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.2.7.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application (2019-2030)

12.2.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.2.8.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.2.8.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application (2019-2030)

12.3.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.3.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.3.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.3.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application (2019-2030)

12.3.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.6.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.3.6.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application (2019-2030)

12.3.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.7.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.3.7.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application (2019-2030)

12.3.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.3.8.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.3.8.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application (2019-2030)

12.4.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.4.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.4.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.4.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application (2019-2030)

12.4.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.6.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.4.6.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application (2019-2030)

12.4.7.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.7.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.4.7.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application (2019-2030)

12.4.8.2. Market Revenue and Forecast, by Technology (2019-2030)

12.4.8.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.4.8.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application (2019-2030)

12.5.5.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.5.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.5.5.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application (2019-2030)

12.5.6.2. Market Revenue and Forecast, by Technology (2019-2030)

12.5.6.3. Market Revenue and Forecast, by End Use Type (2019-2030)

12.5.6.4. Market Revenue and Forecast, by Solar Module Type (2019-2030)

Chapter 13. Company Profiles

13.1. Abengoa Se

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Acciona S.A.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Canadian solar, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Esolar, Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. United renewable energy co. Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Sunpower corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Kaneka corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Tata power solar systems ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Wuxi suntech power co., ltd.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Brightsource energy, Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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