Global Solar Electricity Market Report 2024

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

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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.

The main types of technologies in solar electricity are photovoltaic systems and concentrated solar power systems. A photovoltaic (PV) system is made up of one or more solar panels, an inverter, and other electrical and mechanical components that use the sun’s radiation to generate power. The different solar modules include monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others, and are used in various sectors such as residential, commercial, and industrial.

The global solar electricity market is segmented -

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

The global solar electricity market size will grow from $87.07 billion in 2022 to $106.62 billion in 2023 at a compound annual growth rate (CAGR) of 22.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global solar electricity is expected to grow to $228.59 billion in 2027 at a CAGR of 21.0%.

Rising investments from government organizations have contributed to the growth of the solar electricity market. The market has benefited from increased government spending on advanced solar panel research and development. For instance, according to the World Economic Forum (WEF) 2020, global investment in renewable energy reached $282.2 billion last year. Rising investments from government organizations in research and development of electricity generation through solar energy drove the solar electricity market.

Major players 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., and BHEL.

The decline in economic growth is expected to limit the growth of the solar electricity market. A decrease in investments due to the economic slowdown led to a decrease in solar power installations. This is adversely affecting the market growth in several parts of the world. For instance, the economic crisis in Europe has prompted previously supportive European governments to decrease solar energy subsidies. Another such instance was, investment in renewable energy for end use, comprising geothermal energy, bioenergy, and solar thermal applications (for the district, space, and water heating) reached USD 23 billion in 2020, a 10% decrease from 2019 and utility-scale solar PV installation costs were decreased by 10%, on a global average basis, according to World Energy Investment 2021. The economic slowdown decreases investments, thereby impacting the solar electricity market negatively.

Artificial intelligence is being used increasingly 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 instance, in 2022, a project in cooperation with Mekorot, Israel’s national water company, the Israel Innovation Authority tells NoCamels was announced for testing a floating artificial intelligence (AI) powered solar panel that generates electricity by tracking the sun. This solar photovoltaic (PV) system was developed by Israeli startup Xfloat.

In July 2021, Mahindra & Mahindra (M&M), an India-based automotive manufacturer, acquired a 31% share in ReNew Sunlight Energy (RSEPL) for $1.6 billion. By acquiring RSEPL shares, M&M will be able to become an exclusive user and use RSEPL's solar energy. As a result, RSEPL has signed an electrical supply deal with the company. ReNew Sunlight Energy (RSEPL) is an India-based solar electricity company.

Asia-Pacific was the largest region in the solar electricity market in 2022. Western Europe was the second largest region in the global solar electricity market analysis. The regions covered in the global solar electricity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the solar electricity market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia.

The solar electricity market consists of sales of passive solar gain, solar thermal, concentrated solar power, and solar photovoltaics. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The solar electricity market research report is one of a series of new reports from The Business Research Company that provides solar electricity market statistics, including solar electricity industry global market size, regional shares, competitors with a solar electricity market share, detailed solar electricity market segments, market trends and opportunities, and any further data you may need to thrive in the solar electricity industry. This solar electricity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Solar Electricity Market Executive Summary

    2. Table of Contents

    3. List of Figures

    4. List of Tables

    5. Report Structure

    6. Introduction

    6.1. Segmentation By Geography

    6.2. Segmentation By Technology

    6.3. Segmentation By Solar Module

    6.4. Segmentation By End-User

    7. Solar Electricity Market Characteristics

    7.1. Market Definition

    7.2. Market Segmentation By Technology

    7.2.1. Photovoltaic Systems

    7.2.2. Concentrated Solar Power Systems

    7.3. Market Segmentation By Solar Module

    7.3.1. Monocrystalline

    7.3.2. Polycrystalline

    7.3.3. Cadmium Telluride

    7.3.4. Amorphous Silicon Cells

    7.3.5. Others

    7.4. Market Segmentation By End-User Industry

    7.4.1. Residential

    7.4.2. Commercial

    7.4.3. Industrial

    8. Solar Electricity Market Trends and Strategies

    8.1. Increasing Usage Of Digitization And Artificial Intelligence

    8.2. Adoption Of Blockchain Technology

    8.3. Supportive Government Initiatives

    8.4. Improvement In Solar Storage Solutions

    8.5. Rise Of Floating Solar Photovoltaics

    9. Impact Of COVID-19 On Solar Electricity Market

    9.1. Introduction

    9.2. Impact On Companies

    9.3. Impact On Growth and Capacity Additions

    9.4. Impact On Installation of Distributed Solar Photovoltaics

    9.5. Future Outlook

    10. Global Solar Electricity Market Size And Growth

    10.1. Market Size

    10.2. Historic Market Growth, 2016 – 2021, Value ($ Million)

    10.2.1. Drivers Of The Market 2016 – 2021

    10.2.2. Restraints On The Market 2016 – 2021

    10.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    10.3.1. Drivers Of The Market 2021 – 2026

    10.3.2. Restraints On The Market 2021 – 2026

    11. Global Solar Electricity Market Segmentation

    11.1. Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    11.2. Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    11.3. Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    12. Solar Electricity Market, Regional And Country Analysis

    12.1. Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    12.2. Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13. Asia-Pacific Solar Electricity Market

    13.1. Asia-Pacific Solar Electricity Market Overview

    13.1.1. Region Information

    13.1.2. Market Information

    13.1.3. Background Information

    13.1.4. Government Initiatives

    13.1.5. Regulations

    13.1.6. Regulatory Bodies

    13.1.7. Major Associations

    13.1.8. Taxes levied

    13.1.9. Corporate Tax Structure

    13.1.10. Investments

    13.1.11. Major Companies

    13.2. Asia-Pacific Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.3. Asia-Pacific Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.4. Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.5. Asia-Pacific Solar Electricity Market: Country Analysis

    13.6. China Solar Electricity Market

    13.7. China Solar Electricity Market Overview

    13.7.1. Country Information

    13.7.2. Market Information

    13.7.3. Background Information

    13.7.4. Government Initiatives

    13.7.5. Regulations

    13.7.6. Regulatory Bodies

    13.7.7. Major Associations

    13.7.8. Taxes levied

    13.7.9. Corporate Tax Structure

    13.7.10. Investments

    13.7.11. Major Companies

    13.8. China Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.9. China Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.10. China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.11. India Solar Electricity Market

    13.12. India Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.13. India Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.14. India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.15. Japan Solar Electricity Market

    13.16. Japan Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.17. Japan Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.18. Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.19. Australia Solar Electricity Market

    13.20. Australia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.21. Australia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.22. Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.23. Indonesia Solar Electricity Market

    13.24. Indonesia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.25. Indonesia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.26. Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    13.27. South Korea Solar Electricity Market

    13.28. South Korea Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    13.29. South Korea Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    13.30. South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    14. Western Europe Solar Electricity Market

    14.1. Western Europe Solar Electricity Market Overview

    14.1.1. Region Information

    14.1.2. Market Information

    14.1.3. Background Information

    14.1.4. Government Initiatives

    14.1.5. Regulations

    14.1.6. Regulatory Bodies

    14.1.7. Major Associations

    14.1.8. Taxes Levied

    14.1.9. Corporate Tax Structure

    14.1.10. Investments

    14.1.11. Major Companies

    14.2. Western Europe Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    14.3. Western Europe Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    14.4. Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    14.5. Western Europe Solar Electricity Market: Country Analysis

    14.6. UK Solar Electricity Market

    14.7. UK Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    14.8. UK Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    14.9. UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    14.10. Germany Solar Electricity Market

    14.11. Germany Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    14.12. Germany Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    14.13. Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    14.14. France Solar Electricity Market

    14.15. France Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    14.16. France Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    14.17. France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    15. Eastern Europe Solar Electricity Market

    15.1. Eastern Europe Solar Electricity Market Overview

    15.1.1. Region Information

    15.1.2. Market Information

    15.1.3. Background Information

    15.1.4. Government Initiatives

    15.1.5. Regulations

    15.1.6. Regulatory Bodies

    15.1.7. Major Associations

    15.1.8. Taxes Levied

    15.1.9. Corporate Tax Structure

    15.1.10. Investments

    15.1.11. Major Companies

    15.2. Eastern Europe Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    15.3. Eastern Europe Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    15.4. Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    15.5. Eastern Europe Solar Electricity Market: Country Analysis

    15.6. Russia Solar Electricity Market

    15.7. Russia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    15.8. Russia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    15.9. Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    16. North America Solar Electricity Market

    16.1. North America Solar Electricity Market Overview

    16.1.1. Region Information

    16.1.2. Market Information

    16.1.3. Background Information

    16.1.4. Government Initiatives

    16.1.5. Regulatory Bodies

    16.1.6. Major Associations

    16.1.7. Taxes Levied

    16.1.8. Corporate Tax Structure

    16.1.9. Investments

    16.1.10. Major Companies

    16.2. North America Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    16.3. North America Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    16.4. North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    16.5. North America Solar Electricity Market: Country Analysis

    16.6. USA Solar Electricity Market

    16.7. USA Solar Electricity Market Overview

    16.7.1. Country Information

    16.7.2. Market Information

    16.7.3. Background Information

    16.7.4. Government Initiatives

    16.7.5. Regulations

    16.7.6. Regulatory Bodies

    16.7.7. Major Associations

    16.7.8. Taxes Levied

    16.7.9. Corporate Tax Structure

    16.7.10. Investments

    16.7.11. Major Companies

    16.8. USA Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    16.9. USA Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    16.10. USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    17. South America Solar Electricity Market

    17.1. South America Solar Electricity Market Overview

    17.1.1. Region Information

    17.1.2. Market Information

    17.1.3. Background Information

    17.1.4. Government Initiatives

    17.1.5. Regulations

    17.1.6. Regulatory Bodies

    17.1.7. Taxes Levied

    17.1.8. Corporate Tax Structure

    17.1.9. Major Companies

    17.2. South America Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    17.3. South America Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    17.4. South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    17.5. South America Solar Electricity Market: Country Analysis

    17.6. Brazil Solar Electricity Market

    17.7. Brazil Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    17.8. Brazil Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    17.9. Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    18. Middle East Solar Electricity Market

    18.1. Middle East Solar Electricity Market Overview

    18.1.1. Region Information

    18.1.2. Market Information

    18.1.3. Background Information

    18.1.4. Government Initiatives

    18.1.5. Regulations

    18.1.6. Regulatory Bodies

    18.1.7. Major Associations

    18.1.8. Taxes Levied

    18.1.9. Corporate Tax Structure

    18.1.10. Investments

    18.1.11. Major Companies

    18.2. Middle East Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    18.3. Middle East Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    18.4. Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    19. Africa Solar Electricity Market

    19.1. Africa Solar Electricity Market Overview

    19.1.1. Region Information

    19.1.2. Market Information

    19.1.3. Background information

    19.1.4. Government Initiatives

    19.1.5. Regulations

    19.1.6. Regulatory bodies

    19.1.7. Major Associations

    19.1.8. Taxes levied

    19.1.9. Corporate tax structure

    19.1.10. Investments

    19.1.11. Major Companies

    19.2. Africa Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)

    19.3. Africa Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)

    19.4. Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)

    20. Solar Electricity Global Market Competitive Landscape

    20.1. Company Profiles

    20.2. SPIC Solar

    20.2.1. Company Overview

    20.2.2. Products And Services.

    20.2.3. Business Strategy

    20.3. Enel SpA

    20.3.1. Company Overview

    20.3.2. Products And Services

    20.3.3. Business Strategy

    20.3.4. Financial Overview

    20.4. Canadian Solar Inc.

    20.4.1. Company Overview

    20.4.2. Products And Services

    20.4.3. Business Strategy

    20.4.4. Financial Overview

    20.5. Engie

    20.5.1. Company Overview

    20.5.2. Products And Services

    20.5.3. Business Strategy

    20.5.4. Financial Overview

    20.6. Adani Green Energy Limited

    20.6.1. Company Overview

    20.6.2. Products And Services

    20.6.3. Business Strategy

    20.6.4. Financial Overview

    21. Key Mergers And Acquisitions In The Solar Electricity Global Market

    21.1. Reliance New Energy Solar acquired 40% equity share in Sterling & Wilson Solar

    21.2. Reliance New Energy Solar acquired Faradion Limited

    21.3. Keppel Corporation-led consortium acquired majority stake in Cleantech Solar

    21.4. Bouygues acquired EQUANS from ENGIE

    21.5. Hanwha Solutions acquired RES France

    21.6. Adani Green Energy Ltd acquired SB Energy Holdings Ltd

    21.7. SunPower acquired Blue Raven Solar

    21.8. OMERS Infrastructure acquired 19.4% stake in Azure Power

    21.9. NovaSource acquired North American Operations and Maintenance (O&M) business from First Solar

    21.10. Blueleaf Energy acquired Vibrant Energy Holdings from ATN International

    22. Solar Electricity Market Opportunities And Strategies

    22.1. Global Solar Electricity Market In 2026 – Countries Offering Most New Opportunities

    22.2. Global Solar Electricity Market In 2026 – Segments Offering Most New Opportunities

    22.3. Global Solar Electricity Market In 2026 – Growth Strategies

    22.3.1. Market Trend Based Strategies

    22.3.2. Competitor Strategies

    23. Solar Electricity Market Conclusions And Recommendations

    23.1. Conclusions

    23.2. Recommendations

    23.2.1. Product

    23.2.2. Place

    23.2.3. Price

    23.2.4. Promotion

    23.2.5. People

    24. Appendix

    24.1. Market Data Sources

    24.2. Research Methodology

    24.3. Currencies

    24.4. Research Inquiries

    24.5. The Business Research Company

    24.6. Copyright and Disclaimer

List Of Tables

    Table 1: Global Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 2: Global Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 3: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 4: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 5: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 6: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 7: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 8: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 9: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 10: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 11: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 12: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 13: Asia-Pacific Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
  • Table 14: Asia-Pacific Solar Electricity Market, Population by Age Group, By Country, 2015-2025, Thousands
  • Table 15: Asia Pacific Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 16: Asia-Pacific Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 17: Asia-Pacific Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 18: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 19: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 20: China Solar Electricity Market, GDP Per Capita, 2015-2020, $
  • Table 21: China Solar Electricity Market, Population By Age Group, 2015-2025, Thousands
  • Table 22: China Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 23: China Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 24: China Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 25: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 26: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 27: India Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 28: India Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 29: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 30: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 31: Japan Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 32: Japan Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 33: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 34: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 35: Australia Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 36: Australia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 37: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 38: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 39: Indonesia Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 40: Indonesia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 41: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 42: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 43: South Korea Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 44: South Korea Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 45: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 46: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 47: Western Europe Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
  • Table 48: Western Europe Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
  • Table 49: Western Europe Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 50: Western Europe Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 51: Western Europe Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 52: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 53: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 54: UK Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 55: UK Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 56: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 57: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 58: Germany Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 59: Germany Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 60: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 61: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 62: France Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 63: France Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 64: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 65: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 66: Eastern Europe Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
  • Table 67: Eastern Europe Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
  • Table 68:Eastern Europe Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 69: Eastern Europe Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 70: Eastern Europe Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 71: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 72: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 73: Russia Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 74: Russia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 75: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 76: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 77: North America Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
  • Table 78: North America Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
  • Table 79: North America Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 80: North America Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 81: North America Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 82: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 83: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 84: USA Solar Electricity Market, GDP Per Capita, 2015-2020, $
  • Table 85: USA Solar Electricity Market, Population By Age Group, 2015-2025, Thousands
  • Table 86: USA Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 87: USA Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 88: USA Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 89: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 90: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 91: South America Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 92: South America Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 93: South America Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 94: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 95: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 96: Brazil Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 97: Brazil Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 98: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 99: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 100: Middle East Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 101: Middle East Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 102: Middle East Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 103: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 104: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 105: Africa Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
  • Table 106: Africa Solar Electricity Market, Population by Age Group, By Country, 2015-2025, Thousands
  • Table 107: Africa Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
  • Table 108: Africa Solar Electricity Market, Historic, 2016 – 2021, $ Million
  • Table 109: Africa Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
  • Table 110: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
  • Table 111: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
  • Table 112: Global Solar Electricity Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
  • Table 113: Enel SpA – Financial Performance, 2016 – 2020, $ Billion
  • Table 114: Canadian Solar Inc – Financial Performance, 2016 – 2020, $ Billion
  • Table 115: Engie – Financial Overview, 2016 - 2020, $ Billion
  • Table 116: Adani Green Energy Limited– Financial Overview, 2016 - 2020, $ Billion
  • Table 117: Global Solar Electricity Market Size Gain ($ Million), 2021 – 2026, By Country
  • Table 118: Global Solar Electricity Market Size Gain ($ Million), Segmentation By Technology, 2021 – 2026
  • Table 119: Global Solar Electricity Market Size Gain ($ Million), Segmentation By Solar Module, 2021 – 2026
  • Table 120: Global Solar Electricity Market Size Gain ($ Million), Segmentation By End-User, 2021 – 2026
  • Table 121: Solar Electricity Market Data Sources

List Of Figures

    Figure 1: Global Solar Electricity Market Segmentation By Solar Module
  • Figure 2: Global Solar Electricity Market Segmentation By End-User
  • Figure 3: Global Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 4: Global Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 5: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 6: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 7: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 8: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 9: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 10: Asia-Pacific Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 11: Asia-Pacific Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 12: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 13: China Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 14: China Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 15: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 16: India Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 17: India Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 18: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 19: Japan Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 20: Japan Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 21: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 22: Australia Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 23: Australia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 24: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 25: Indonesia Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 26: Indonesia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 27: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 28: South Korea Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 29: South Korea Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 30: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 31: Western Europe Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 32: Western Europe Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 33: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 34: UK Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 35: UK Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 36: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 37: Germany Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 38: Germany Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 39: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 40: France Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 41: France Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 42: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 43: Eastern Europe Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 44: Eastern Europe Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 45: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 46: Russia Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 47: Russia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 48: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 49: North America Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 50: North America Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 51: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 52: USA Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 53: USA Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 54: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 55: South America Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 56: South America Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 57: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 58: Brazil Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 59: Brazil Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 60: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 61: Middle East Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 62: Middle East Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 63: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 64: Africa Solar Electricity Market, Historic, 2016 - 2021, $ Million
  • Figure 65: Africa Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
  • Figure 66: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
  • Figure 67: Global Solar Electricity Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
  • Figure 68: Enel SpA - Financial Performance, 2016 - 2020, $ Billion
  • Figure 69: Canadian Solar Inc - Financial Performance, 2016 - 2020, $ Billion
  • Figure 70: Engie - Financial Overview, 2016 - 2020, $ Billion
  • Figure 71: Adani Green Energy Limited - Financial Overview, 2016 - 2020, $ Billion
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