Solar Photovoltaic (PV) Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 53.5

overview_2
2024 Year-over-Year Growth

8.03%

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CAGR (2024-2028)

8.79%

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Report Coverage

Global

Solar Photovoltaic (Pv) Market Segmentation

Market Segmentation & Scope

Geography

Europe

UK France Germany

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

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 2024-2028

Largest 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 2024-2028

Largest 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 Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
All Earth RenewablesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Canadian Solar Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Eaton Corp plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EMMVEE SOLARView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
First Solar Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hanwha Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JA Solar Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JinkoSolar Holding Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LONGi Green Energy Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sharp Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SMA Solar Technology AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sungrow Power Supply Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tongwei Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Trina Solar Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Waaree Energies Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Wuxi Suntech Power Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Yingli Green Energy Holding Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Zhejiang CHINT Electrics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Solar Photovoltaic (Pv) Market Scope

  1. By Deployment
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Deployment, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Deployment, 2024 to 2028
      1. Ground-mounted
      2. Rooftop
    4. Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Deployment, 2024 to 2028
  2. By End-user
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By End-user, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By End-user, 2024 to 2028
      1. Commercial
      2. Residential
      3. Utility
    4. Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
    5. Absolute $ Opportunity Analysis By End-user, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. Middle East and Africa
      5. South America
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
      3. Vietnam
    4. By Deployment
    5. By End-user
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
    4. By Deployment
    5. By End-user
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Deployment
    5. By End-user
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Deployment
    4. By End-user
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Deployment
    4. By End-user

Major Companies

Market companies

Name Profile Employees Headquarters Website
ABB Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
All Earth RenewablesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Canadian Solar Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Eaton Corp plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EMMVEE SOLARView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
First Solar Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hanwha Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JA Solar Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JinkoSolar Holding Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LONGi Green Energy Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sharp Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SMA Solar Technology AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sungrow Power Supply Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tongwei Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Trina Solar Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Waaree Energies Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Wuxi Suntech Power Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Yingli Green Energy Holding Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Zhejiang CHINT Electrics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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