Solar Energy Markets

Report Code: EGY165B

Publish Date: Aug 2022

Publisher: BCC Publishing

Category: Energy

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Report Highlights

The global market for solar power technologies is estimated to increase from $182.5 billion in 2022 to $371.7 billion by 2027, at a compound annual growth rate (CAGR) of 15.3% during 2022-2027.

Report Includes

  • 86 data tables and 65 additional tables
  • An up-to-date overview and analysis of the global market for solar power technologies
  • Analyses of the global and regional market trends with market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size for solar energy markets in value and volumetric terms, market forecast, and corresponding market share analysis by energy type, technology, application, and geographic region
  • Discussion of the key market growth drivers, opportunities and restraints in the solar energy industry, regulatory dynamics, manufacturing trends, upcoming technologies, and future trends & innovations
  • Examination of the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on manufacturers, suppliers, and major users of these products
  • Updated information on key mergers and acquisitions and other strategies in the solar electric power generation market
  • Analysis of the competitive landscape of the major manufacturers and suppliers of PV modules based on recent developments and segmental revenues
  • Descriptive company profiles of the leading PV manufacturers, including ABB Power Generation, Canadian Solar Inc., LONGi Green Energy Technology, Jinko Solar, Tata Power Solar, and Trina Solar Co., Ltd.

Report Scope

The report is a compilation of existing BCC Research reports in the solar energy market. The topics analyzed within the report include a detailed breakdown and analysis of the global markets for solar technologies by geography, technology and application. Additionally, included are a review of the different technologies from second-generation and third-generation solar technologies such as Organic Photovoltaics (OPVs)/Plastic Solar Cells and Multi-junction Photovoltaics (MJPVs) and Concentrating Photovoltaics (CPVs) which are currently in commercial use; and a review of early-stage technologies that are beginning to see transfer from research to commercialization and major factors impelling and impeding the global growth.

The scope of this report extends to sizing of the solar energy market and an analysis of global market trends with market data for solar installations at global level in 2021, which is being considered as the base year, 2022 as the estimate year and forecast for 2027, with a projection of CAGRs from 2022 to 2027. Market data provided in volume is cumulative installed capacity. The report also provides the value in millions of U.S. dollars and which corresponds to the volume presented in this report.

The report focuses on assessment of solar energy technologies and an analysis of companies/manufacturers and the related system providers. Market dynamics such as drivers, restraints, and opportunities are also discussed in the report. The study forecasts the market value of the solar energy market for key technologies such as PV and CSP.

This report covers the technological, economic and business considerations of the solar industry, with analyses and forecasts provided for global markets. Included in the report are descriptions of market forces relevant to the solar industry and their areas of application.

This report considers the impact of COVID-19. In 2020, the growth rate of manufacturing industries around the world was severely affected by the pandemic. The COVID-19 pandemic halted progress in every regional economy. Various governments around the world are taking necessary measures to contain the economic slowdown.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $158.8 billion
Market size forecast $371.7 billion
Growth rate CAGR of 15.3% from 2022 to 2027
Units considered $ Millions
Segments covered Region/Country, TYPE, Technology, Application
Regions covered North America, Asia-Pacific, Europe, South America, Middle East and Africa (MEA).
Countries covered U.S., Canada., China., Japan., Rest of Asia-Pacific., Germany., Italy., Rest of Europe.
Key Market Drivers
  • High Efficiency and Significant Cost reductions
  • Carbon Footprint Reduction
  • Low Installation and Maintenance Costs
  • Rising Energy Demand
  • Continuing Movement to Reduce Dependence on Fossil Fuels for Power Generation
  • Tax Incentives and Regulatory Assistance for the Growth of Solar PV Technologies
  • Building-Integrated Photovoltaic Applications (BIPVs)
  • Dominance of c-Si Modules Across All Applications
  • Effects of Wet Climatic Conditions on Solar Panel Performance
Companies studied
3S SWISS SOLAR SOLUTIONSACCIONA
ARZON SOLAR (FORMER AMONIX CO.)ASCENT SOLAR TECHNOLOGIES INC.
CANADIAN SOLARCOGENTRIX ENERGY LLC.
DAQO NEW ENERGYENPHASE ENERGY INC.
FIRST SOLAR INC.GCL TECHNOLOGY HOLDINGS CO. LTD.
GENERAL ELECTRICGREATCELL SOLAR
HANWHA QCELLSHEMLOCK SEMICONDUCTOR CORP.
HILTI CORP.HITACHI LTD.
INDOSOLAR LTD.JA SOLAR PV TECHNOLOGY CO. LTD.
JINKO SOLARKACO NEW ENERGY GMBH
KYOCERA CORP.LONGI GREEN ENERGY TECHNOLOGY CO. LTD.
LUMETA SOLARMAGE SUNOVATION GMBH
MIASOLÉMITSUBISHI HEAVY INDUSTRIES LTD.
MOSE SOLARMOTECH INDUSTRIES INC.
OCI SOLAR POWERONYX SOLAR GROUP LLC
RENEWABLE ENERGY CORP. (REC)SAINT-GOBAIN
SATCON TECHNOLOGY CORP.SCHNEIDER ELECTRIC
SHARP CORP.SIEMENS
SMA SOLAR TECHNOLOGY AGSOLAR FACTORY GMBH (SOLAR FABRIK)
SOLAR FRONTIERSOLARWORLD
STAT KRAFT ASSUNPOWER CORP.
SUNTECHSUNTRIX
TATA POWER SOLARTRINASOLAR
YINGLI SOLARAQUATHERM INDUSTRIES INC.
BOSS POLYMER TECHNOLOGIESFAFCO
MODULO SOLARSOLAR HYDRONICS CORP.
SUNTREKTECHNO-SOLIS
UMA SOLARACR SOLAR INTERNATIONAL
ALTERNATE ENERGY TECHNOLOGIESAPRICUS
ARISTON HOLDING N.V.BOSCH THERMOTECHNIK GMBH
CALPAKCHIRYU HEATER
CHROMAGENCOSMOSOLAR LTD.
DIMAS SAEMMVEE SOLAR
GREENONETEC SOLARINDUSTRIE GMBHGUANGDONG FIVESTAR SOLAR ENERGY CO.
INNOSOLAR ENERGY CO. LTD.INTEGRATED SOLAR
PRIME LASER TECHNOLOGY LTD.SAMMLER V. MICHALOPOULOS SA
SOLAHARTSUNEARTH INC.
VAILLANT GROUPWAGNER SOLAR GMBH
AMK-SOLAC SYSTEMSAPRICUS
CALPAKHIMIN SOLAR ENERGY GROUP CO. LTD.
LINUO PARADIGMA CO. LTD.SUNDA SOLAR ENERGY TECHNOLOGY CO. LTD.
SUNSHORE SOLAR ENERGY PRODUCTS CO. LTD.TATA POWER SOLAR
INTEGRATED SOLARSUNEARTH INC.
ARCTIC SUNLIGHT INNOVATIONATAS INTERNATIONAL INC.
CANSOLAIRCONSERVAL ENGINEERING
ENVIRONMENTAL SOLAR SYSTEMSGRAMMER SOLAR
SOLARVENTI3M RENEWABLE ENERGY
ALANOD GMBH & CO. KGKONICA MINOLTA INC.
NORSK HYDRO ASAAGC GLASS EUROPE
GUARDIAN INDUSTRIES CORP.REFLEX SPA
RIOGLASS SOLAR INTERNATIONALSCHOTT SOLAR CSP LLC.
AALBORG CSPABENGOA SOLAR
BABCOCK & WILCOX ENTERPRISES INC.BRIGHTSOURCE ENERGY
JOHN COCKERILLSENER
SR ENERGYABB
BOSCH REXROTH AGEMERSON ELECTRIC CO.
FUJI ELECTRIC CO. LTD.HAWE HYDRAULIK
KLINGER GROUPPARKER HANNIFIN CORP.
SCHUBERT & SALZER GMBHWEBER-HYDRAULIK GMBH
ABENGOA SOLARENER-T INTERNATIONAL
NATIONAL STEEL FABRICATIONCNIM
HIMIN SOLAR ENERGY GROUP CO. LTD.INDUSTRIAL SOLAR GMBH
SOLTIGUABRAYTON ENERGY
TEXEL ENERGY STORAGEANTEC SOLAR GMBH
ASCENT SOLAR TECHNOLOGIES INC.AVANCIS GMBH
FIRST SOLAR INC.FLISOM AG
HANERGY HOLDING GROUPHELIATEK
HELIOTROP SASKANEKA CORP.
MANZ AGMIASOLÉ
MICROLINK DEVICES INC.MIDSUMMER AB
NANOSOLAR INC.ONYX SOLAR GROUP LLC
OXFORD PHOTOVOLTAICS LTD.SIVA POWER INC.
SOLARONIX SASOLARWORLD INDUSTRIES GMBH
SOLOPOWER SYSTEMS INC.WURTH GROUP
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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Solar Energy Markets337Free
Chapter- 1: Introduction14Free
Chapter- 2: Summary and Highlights6Free
Chapter- 3: Market Overview49Free
Chapter- 4: Global Solar Energy Market, Industry Value Chain22Free
Chapter- 5: Global Market for Solar PV Technologies24Free
Chapter- 6: Global Outlook for Solar PV Technologies46Free
Chapter- 7: Global Market for Solar Thermal Technologies21Free
Chapter- 8: Global Outlook for Concentrated Solar Power Technologies23Free
Chapter- 9: Global Market for Solar Photovoltaic Glass Technologies6Free
Chapter- 10: Competitive Landscape6Free
Chapter- 11: Company Profiles115Free
Chapter- 12: Appendix: Acronyms5Free
Published - Apr-2019| Analyst - BCC Publishing| Code - EGY165A

Report Highlights

The global market for solar power technologies should grow from $143.3 billion in 2018 to $286.3 billion by 2023 at a compound annual growth rate (CAGR) of 14.9% during the forecast period of 2018-2023.

Report Includes

  • 39 data tables and 38 additional tables
  • Industry analysis of the solar energy technologies
  • Analyses of global market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Detailed study of market driving forces, opportunities, restraints and other critical technological and regulatory updates that influence the current and future market dynamics
  • Regional dynamics of the solar energy market covering North America, Europe, APAC and other emerging economies from the rest of the world
  • Brief outlining of alternative solar photovoltaic technologies industry and its structure, and companies associated with providing these technologies
  • Examination of the competitive landscape and market share analysis of the key global players
  • Comprehensive profiles of market leading companies within the energy sector, including General Electric Company, Kyocera Corp., Mitsubishi Electric Corp., Schneider Electric, St. Gobain and Parker Hannifin Inc.

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