Solar Photovoltaic (PV) Market 2024-2028
Incremental Growth2024-2028 (US$bn)
$ 53.5
2024 Year-over-Year Growth
8.03%
CAGR (2024-2028)
8.79%
Report Coverage
Global
Solar Photovoltaic (Pv) Market Segmentation
Market Segmentation & Scope
Market Segment by Geographic Landscape
43%
of the growth will originate
from APAC
Global Market Size 2018 - 2028 (US$ Bn)
Market is segmented by Deployment into Ground-mounted, Rooftop, Utility
The Ground-mounted is expected to be largest growing segment during 2024-2028Largest Segment - Ground-mounted
US$ 231.80 Bn
Solar Photovoltaic (Pv) Market by Deployment into Ground-mounted; 2018-2028 (US$ Bn)
Ground-mounted Market Revenue and Forecast 2018-2028 (US$ Bn)Ground-mounted
- Ground-mounted Market Size and Forecast 2018 to 2028 (US$ Bn)
Solar Photovoltaic (Pv) Market by Deployment into Rooftop; 2018-2028 (US$ Bn)
Rooftop Market Revenue and Forecast 2018-2028 (US$ Bn)Rooftop
- Rooftop Market Size and Forecast 2018 to 2028 (US$ Bn)
Solar Photovoltaic (Pv) Market by Deployment into Utility; 2018-2028 (US$ Bn)
Utility Market Revenue and Forecast 2018-2028 (US$ Bn)Utility
- Utility Market Size and Forecast 2018 to 2028 (US$ Bn)
Market is segmented by End-user into Commercial, Residential
The Commercial is expected to be largest growing segment during 2024-2028Largest Segment - Commercial
US$ 228.20 Bn
Solar Photovoltaic (Pv) Market Size by Segmentation, by End-user (US$ Bn)
End-user | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Commercial | 41.30 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Residential | XX | 25.30 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Solar Photovoltaic (Pv) Market by End-user into Commercial; 2018-2028 (US$ Bn)
Commercial Market Revenue and Forecast 2018-2028 (US$ Bn)Commercial
- Commercial Market Size and Forecast 2018 to 2028 (US$ Bn)
Solar Photovoltaic (Pv) Market by End-user into Residential; 2018-2028 (US$ Bn)
Residential Market Revenue and Forecast 2018-2028 (US$ Bn)Residential
- Residential Market Size and Forecast 2018 to 2028 (US$ Bn)
Market is segmented by Geography into APAC, Europe, North America, Middle East and Africa, South America
The APAC is estimated to contribute 43% to the growth of global market during the forecast period 2024-2028.Largest Segment - APAC
43%
Regional share of different regions, including APAC, Europe, North America, Middle East and Africa
Region | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
---|---|---|---|---|---|---|---|---|---|---|---|---|
APAC | 27.10 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Europe | XX | 22.10 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
North America | XX | XX | 16.00 | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Middle East and Africa | XX | XX | XX | 8.90 | 9.60 | XX | XX | XX | XX | XX | XX | XX |
South America | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Solar Photovoltaic (Pv) Market Size by Geography into APAC; 2018-2028 (US$ Bn)
APAC Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Country into China; 2018-2028 (US$ Bn)
China Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Country into Japan; 2018-2028 (US$ Bn)
Japan Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Country into Vietnam; 2018-2028 (US$ Bn)
Vietnam Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Geography into Europe; 2018-2028 (US$ Bn)
Europe Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Country into Germany; 2018-2028 (US$ Bn)
Germany Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Geography into North America; 2018-2028 (US$ Bn)
North America Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Country into US; 2018-2028 (US$ Bn)
US Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)
Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)Solar Photovoltaic (Pv) Market Size by Geography into South America; 2018-2028 (US$ Bn)
South America Market Revenue and Forecast 2018-2028 (US$ Bn)Major Companies
Market Companies
Name | Profile | Employees | Headquarters | Website | |
---|---|---|---|---|---|
ABB Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
All Earth Renewables | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Canadian Solar Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Eaton Corp plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
EMMVEE SOLAR | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
First Solar Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Hanwha Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
JA Solar Technology Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
JinkoSolar Holding Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
LONGi Green Energy Technology Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Mitsubishi Electric Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Sharp Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
SMA Solar Technology AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Sungrow Power Supply Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Tongwei Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Trina Solar Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Waaree Energies Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Wuxi Suntech Power Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Yingli Green Energy Holding Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Zhejiang CHINT Electrics Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Solar Photovoltaic (Pv) Market Scope
- By Deployment
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By Deployment, 2018 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By Deployment, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022
- Absolute $ Opportunity Analysis By Deployment, 2024 to 2028
- By End-user
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By End-user, 2018 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By End-user, 2024 to 2028
- Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
- Absolute $ Opportunity Analysis By End-user, 2024 to 2028
- By Region
- Introduction / Key Findings
- Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
- Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
- APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Deployment
- By End-user
- Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Deployment
- By End-user
- North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Country
- By Deployment
- By End-user
- Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Deployment
- By End-user
- South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
- By Deployment
- By End-user
Major Companies
Market companies
Name | Profile | Employees | Headquarters | Website | |
---|---|---|---|---|---|
ABB Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
All Earth Renewables | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Canadian Solar Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Eaton Corp plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
EMMVEE SOLAR | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
First Solar Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Hanwha Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
JA Solar Technology Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
JinkoSolar Holding Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
LONGi Green Energy Technology Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Mitsubishi Electric Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Sharp Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
SMA Solar Technology AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Sungrow Power Supply Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Tongwei Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Trina Solar Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Waaree Energies Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Wuxi Suntech Power Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Yingli Green Energy Holding Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
Zhejiang CHINT Electrics Co. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Subscribe to World-Class Market Intelligence
Basic Plan
Experience the best of reports & insights