Solar Electricity Global Market Report 2023 – By P Solar Electricity Global Market Report 2023 – By Product Type (Dike Type, Diversion Hydropower Station, Mixed Type, Tide, Pumped Storage), By Capacity (Large, Medium, Small), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

Solar electricity refers to renewable energy obtained from sunlight by using the sun's energy either directly as thermal energy or through the use of photovoltaic cells in solar panels and transparent photovoltaic glass to generate electricity. The electricity produced is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations and to distribution systems, which are used for short distances to transport electricity to customers locally. For further insights on the solar electricity market, request a sample here

The solar electricity market growth is aided by rising investments from government organizations. However, some solar electricity market restraints include decline in economic growth. For further insights on the solar electricity market, request a sample here

The solar electricity market is expected to reach $228.59 billion in 2027 at a rate of 21.0%. For further insights on the solar electricity market, request a sample here

The global solar electricity market is segmented as
1) By Technology: Photovoltaic Systems, Concentrated Solar Power Systems
2) By Solar Module: Monocrystalline, Polycrystalline , Cadmium Telluride, Amorphous Silicon Cells, Other Solar Modules
3) By End-User: Residential, Commercial, Industrial
For further insights on the solar electricity market, request a sample here

Asia-Pacific was the largest region in the solar electricity market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Key competitors in the solar electricity market are, Enel SpA, Exelon Corp., Dominion Energy, Inc, Engie S.A, Canadian Solar Inc., Sharp Corporation, STATE POWER INVESTMENT CORP. LTD, Wuxi Suntech Power Co. Ltd., Tata Power Solar, First Solar Inc., Trina Solar Limited, Yingli Solar, ReneSola, Motech Industries Inc., Abengoa Solar S.A., Acciona Energia S.A., Bright source Energy Inc., Esolar Inc., Gintech Energy Corp., Kaneka Corp., Sunpower Corporation, Verengo Inc, RGS Energy, JA Solar, GT Advantage Technologies, Hanwha Q Cells, SolarCity Corporation, JinkoSolar Holding Co. Ltd, Suntech Power Holdings Co. Ltd., BHEL. For further insights on the solar electricity market, request a sample here.

Major trends influencing the solar electricity market include increasingly using artificial intelligence to meet the rising demands of the solar power market. Artificial intelligence is the machinery simulating the processes of human intelligence, particularly computer systems. Expert systems, natural language processing (NLP), speech recognition, and machine vision are common AI applications. The use of machine learning through microgrid controllers and artificial intelligence (AI) is the latest solar energy technology solution that helps to adapt to growing business needs. These technologies continue to evolve to meet the rising needs of the solar industry and the businesses that use them as an energy-efficient source. Additionally, new software developments are helping to shape the future of companies that are applying artificial intelligence and machine learning to solar energy technology. For further insights on the solar electricity market, request a sample here.

For detailed insights on the major opportunities and strategies in the solar electricity market, request a sample here.

For detailed insights on solar electricity market's relation to the overall economy and other similar markets, request a sample here.

For detailed insights on the mergers and acquisitions in the solar electricity industry, request a sample here.

For detailed insights on the key dynamics influencing the solar electricity market growth and SWOT analysis of the solar electricity industry, request a sample here.