Global Solar Power Market Outlook, 2027
Global Solar Power Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition Forecast & Opportunities.
- Bonafide Research
- 28-05-2022
- Pages : 130
- Figures : 85
- Tables : 20
- Region : Global
- Category : Energy & Utility
- Alternative & Renewables
Featured Companies
- 1. Engie
- 2. Jinko Solar Holding Co., Limited
- 3. Trina Solar Co., Limited
- 4. Longi Green Energy Technology Co., Limited
- 5. JA Solar Technology Co., Limited
- 6. Canadian Solar Inc.
- 7. Sunpower Corporation
- 8. First Solar Inc.
- 9. Hanwha Q Cells Co. Limited
- More...
Solar power is the most abundant, inexhaustible and clean of all the renewable energy resources till date. Energy from sun can be considered the main source of all types of energies. Solar power is the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar power is generated through various technologies such as solar photovoltaic, concentrated solar power (CSP), solar thermal and concentrated photovoltaic.
Solar power has experienced phenomenal growth in recent years due to both technological improvements resulting in cost reductions and government policies supportive of renewable energy development and utilization. Solar photovoltaic system employs solar modules; consist of number of solar cells, which generate electrical power. Solar photovoltaic is the biggest Solar Power Market; followed by concentrated solar thermal (CSP). In recent years solar photovoltaic installation has experienced an impressive growth. Solar PV cumulative capacity is increased by more than 850 GW in 2021 globally. Correspondingly the cumulative capacity of concentrated solar power also registered average annual growth rate of more than 6%. In current scenario, the market for solar photovoltaic is bigger than CSP; thanks to huge investment, research and development, incentives and initiatives taken by the governments, and a number of projects in the pipeline. However, the market of CSP technologies is expected to grow at a faster rate in future.
According to the report title, “Global Solar Power Market Outlook, 2027”, the market is segregated into two technologies type i.e. solar photovoltaic and concentrated solar power. For solar power market many governments of different countries have set clean energy targets, and are trying to achieve them by switching over to renewable energies such as solar. Asia-Pacific region is dominating in the solar power marker as installation of solar photovoltaic is increased in countries like china, japan and India. Solar photovoltaic is becoming the lowest-cost option for electricity generation in most of the country, which is expected to propel investment in the upcoming years. However, the net zero emission by 2050 and many initiatives by different governments towards renewable energy is likely to drive the market of solar power and other renewable energies.
Major Companies present in the market:
Canadian Solar Inc., Trina Solar Co., Limited, Jinko Solar Holding Co., Limited, Longi Green Energy Technology Co., Limited, JA Solar Technology Co., Limited, Sunpower Corporation, First Solar Inc., Hanwha Corporation, Abengoa, S.A., Engie SA
Considered in this report
• Geography: Global
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Global solar power market with its value and forecast along with its segments
• Region-wise solar power market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
Types of Technology in the report:
• Solar Photovoltaic
• Concentrated Solar Power (CSP)
By Application in the report:
• Residential
• Commercial
• Industrial
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to solar power industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
What's Inside a Bonafide Research`s industry report?
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
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Companies Mentioned
- Engie
- Jinko Solar Holding Co., Limited
- Trina Solar Co., Limited
- Longi Green Energy Technology Co., Limited
- JA Solar Technology Co., Limited
- Canadian Solar Inc.
- Sunpower Corporation
- First Solar Inc.
- Hanwha Q Cells Co. Limited
- Abengoa, S.A.
Table of Contents
- Table of Contents
- 1. Executive Summary
- 2. Report Methodology
- 3. Market Structure
- 3.1. Market Considerate
- 3.2. Market Definition
- 4. Economic /Demographic Snapshot
- 5. Global Solar Power Market Outlook
- 5.1. Market Size By Volume
- 5.2. Market Share
- 5.2.1. By Region
- 5.2.2. By Country
- 5.2.3. By Technology
- 5.2.4. By Application
- 5.3. Solar Thermal Installed Capacity
- 5.4. Total Annual Photovoltaic (PV) Shipments
- 6. North America Solar Power Market Outlook
- 6.1. Market Size By Volume
- 6.2. Market Share
- 6.2.1. By Country
- 6.2.2. By Technology
- 6.2.3. By Application
- 6.3. Solar Thermal Installed Capacity
- 6.4. US Solar Power Market Outlook
- 6.4.1. Market Size By Volume
- 6.4.2. Market Share
- 6.4.2.1. By Technology
- 6.4.2.2. By Application
- 6.5. Canada Solar Power Market Outlook
- 6.5.1. Market Size By Volume
- 6.5.2. Market Share
- 6.5.2.1. By Technology
- 6.5.2.2. By Application
- 6.6. Mexico Solar Power Market Outlook
- 6.6.1. Market Size By Volume
- 6.6.2. Market Share
- 6.6.2.1. By Technology
- 6.6.2.2. By Application
- 7. Europe Solar Power Market Outlook
- 7.1. Market Size By Volume
- 7.2. Market Share
- 7.2.1. By Country
- 7.2.2. By Technology
- 7.2.3. By Application
- 7.3. Solar Thermal Installed Capacity
- 7.4. Germany Solar Power Market Outlook
- 7.4.1. Market Size By Volume
- 7.4.2. Market Share
- 7.4.2.1. By Technology
- 7.4.2.2. By Application
- 7.5. UK Solar Power Market Outlook
- 7.5.1. Market Size By Volume
- 7.5.2. Market Share
- 7.5.2.1. By Technology
- 7.5.2.2. By Application
- 7.6. France Solar Power Market Outlook
- 7.6.1. Market Size By Volume
- 7.6.2. Market Share
- 7.6.2.1. By Technology
- 7.6.2.2. By Application
- 7.7. Netherlands Solar Power Market Outlook
- 7.7.1. Market Size By Volume
- 7.7.2. Market Share
- 7.7.2.1. By Technology
- 7.7.2.2. By Application
- 7.8. Sweden Solar Power Market Outlook
- 7.8.1. Market Size By Volume
- 7.8.2. Market Share
- 7.8.2.1. By Technology
- 7.8.2.2. By Application
- 7.9. Italy Solar Power Market Outlook
- 7.9.1. Market Size By Volume
- 7.9.2. Market Share
- 7.9.2.1. By Technology
- 7.9.2.2. By Application
- 7.10. Spain Solar Power Market Outlook
- 7.10.1. Market Size By Volume
- 7.10.2. Market Share
- 7.10.2.1. By Technology
- 7.10.2.2. By Application
- 8. Asia-Pacific Solar Power Market Outlook
- 8.1. Market Size By Volume
- 8.2. Market Share
- 8.2.1. By Country
- 8.2.2. By Technology
- 8.2.3. By Application
- 8.3. Solar Thermal Installed Capacity
- 8.4. China Solar Power Market Outlook
- 8.4.1. Market Size By Volume
- 8.4.2. Market Share
- 8.4.2.1. By Technology
- 8.4.2.2. By Application
- 8.5. Japan Solar Power Market Outlook
- 8.5.1. Market Size By Volume
- 8.5.2. Market Share
- 8.5.2.1. By Technology
- 8.5.2.2. By Application
- 8.6. India Solar Power Market Outlook
- 8.6.1. Market Size By Volume
- 8.6.2. Market Share
- 8.6.2.1. By Technology
- 8.6.2.2. By Application
- 8.7. South Korea Solar Power Market Outlook
- 8.7.1. Market Size By Volume
- 8.7.2. Market Share
- 8.7.2.1. By Technology
- 8.7.2.2. By Application
- 8.8. Australia Solar Power Market Outlook
- 8.8.1. Market Size By Volume
- 8.8.2. Market Share
- 8.8.2.1. By Technology
- 8.8.2.2. By Application
- 9. Latin America Solar Power Market Outlook
- 9.1. Market Size By Volume
- 9.2. Market Share
- 9.2.1. By Country
- 9.2.2. By Technology
- 9.2.3. By Application
- 9.3. Solar Thermal Installed Capacity
- 9.4. Brazil Solar Power Market Outlook
- 9.4.1. Market Size By Volume
- 9.4.2. Market Share
- 9.4.2.1. By Technology
- 9.4.2.2. By Application
- 9.5. Chile Solar Power Market Outlook
- 9.5.1. Market Size By Volume
- 9.5.2. Market Share
- 9.5.2.1. By Technology
- 9.5.2.2. By Application
- 10. Middle East and Africa Solar Power Market Outlook
- 10.1. Market Size By Volume
- 10.2. Market Share
- 10.2.1. By Country
- 10.2.2. By Technology
- 10.2.3. By Application
- 10.3. Solar Thermal Installed Capacity
- 10.4. UAE Solar Power Market Outlook
- 10.4.1. Market Size By Volume
- 10.4.2. Market Share
- 10.4.2.1. By Technology
- 10.4.2.2. By Application
- 10.5. Israel Solar Power Market Outlook
- 10.5.1. Market Size By Volume
- 10.5.2. Market Share
- 10.5.2.1. By Technology
- 10.5.2.2. By Application
- 10.6. South Africa Solar Power Market Outlook
- 10.6.1. Market Size By Volume
- 10.6.2. Market Share
- 10.6.2.1. By Technology
- 10.6.2.2. By Application
- 11. Market Dynamics
- 11.1. Key Drivers
- 11.2. Key Challenges
- 12. Market Trends and Developments
- 12.1. XXXX
- 12.2. XXXX
- 12.3. XXXX
- 12.4. XXXX
- 13. Policy and Regulatory Landscape
- 14. Supply Chain Management
- 15. Company Profiles
- 15.1. Canadian Solar Inc.
- 15.2. Trina Solar Co., Limited
- 15.3. Jinko Solar Holding Co., Limited
- 15.4. Longi Green Energy Technology Co., Limited
- 15.5. JA Solar Technology Co., Limited
- 15.6. Sunpower Corporation
- 15.7. First Solar Inc.
- 15.8. Hanwha Corporation
- 15.9. Abengoa, S.A.
- 15.10. Engie SA
- 16. Disclaimer
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Solar Power Market Share By Region (2016, 2021 & 2027F)
Table 5: Global Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 6: North America Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 7: Europe Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 8: Asia-Pacific Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 9: Latin America Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 10: Middle East and Africa Solar Power Market Share By Country (2016, 2021 & 2027F)
Table 11: Key Facts of Canadian Solar Inc.
Table 12: Key Facts of Trina Solar Co., Limited
Table 13: Key Facts of Jinko Solar Holding Co., Limited
Table 14: Key Facts of Longi Green Energy Technology Co., Limited
Table 15: Key Facts of JA Solar Technology Co.,Limited
Table 16: Key Facts of Sunpower Corporation
Table 17: Key Facts of First Solar Inc.
Table 18: Key Facts of Hanwha Corporation
Table 19: Key Facts of Abengoa, S.A.
Table 20: Key Facts of Engie SA
Figure 1: Global Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 2: Global Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 3: Global Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 4: Global Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 5: Total Annual Photovoltaic (PV) Shipments (2016 to 2021) (In GW)
Figure 6: North America Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 7: North America Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 8: North America Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 9: North America Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 10: US Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 11: US Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 12: US Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 13: Canada Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 14: Canada Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 15: Canada Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 16: Mexico Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 17: Mexico Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 18: Mexico Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 19: Europe Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 20: Europe Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 21: Europe Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 22: Europe Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 23: Germany Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 24: Germany Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 25: Germany Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 26: UK Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 27: UK Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 28: UK Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 29: France Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 30: France Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 31: France Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 32: Netherlands Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 33: Netherlands Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 34: Netherlands Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 35: Sweden Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 36: Sweden Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 37: Sweden Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 38: Italy Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 39: Italy Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 40: Italy Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 41: Spain Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 42: Spain Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 43: Spain Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 44: Asia-Pacific Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 45: Asia-Pacific Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 46: Asia-Pacific Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 47: Asia-Pacific Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 48: China Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 49: China Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 50: China Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 51: Japan Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 52: Japan Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 53: Japan Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 54: India Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 55: India Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 56: India Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 57: South Korea Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 58: South Korea Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 59: South Korea Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 60: Australia Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 61: Australia Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 62: Australia Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 63: Latin America Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 64: Latin America Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 65: Latin America Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 66: Latin America Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 67: Brazil Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 68: Brazil Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 69: Brazil Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 70: Chile Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 71: Chile Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 72: Chile Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 73: Middle East and Africa Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 74: Middle East and Africa Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 75: Middle East and Africa Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 76: Middle East and Africa Solar Thermal Installed Capacity (2016 to 2021) (In GW)
Figure 77: UAE Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 78: UAE Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 79: UAE Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 80: Israel Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 81: Israel Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 82: Israel Solar Power Market Share By Application (2016, 2021 & 2027F)
Figure 83: South Africa Solar Power Market Size By Volume 2016 to 2027F (In GW)
Figure 84: South Africa Solar Power Market Share By Technology (2016, 2021 & 2027F)
Figure 85: South Africa Solar Power Market Share By Application (2016, 2021 & 2027F)
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