Global Solar PV Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Solar PV Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
According to APO Research, The global Solar PV market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Solar PV is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Solar PV is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Solar PV is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Solar PV include Hanwha, Sharp, First Solar, Kyocera Solar, SunPower, REC Group, Solar Frontier, Solarworld and NSP, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Solar PV, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar PV.
The Solar PV market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar PV market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Hanwha
Sharp
First Solar
Kyocera Solar
SunPower
REC Group
Solar Frontier
Solarworld
NSP
SoloPower
Trina Solar
Yingli
Canadian Solar
Jinko Solar
JA Solar
ReneSola
Shunfeng
Chint Group
Hareonsolar
Eging PV
Risen
HT-SAAE
CSUN
BYD
Hanergy
Solar PV segment by Type

Crystalline Silicon
Compound Type
Others
Solar PV segment by Application

Residential
Commercial
Ground Station
Solar PV Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Solar PV market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Solar PV and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Solar PV.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solar PV manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Solar PV in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Solar PV Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Solar PV Sales Estimates and Forecasts (2019-2030)
1.3 Solar PV Market by Type
1.3.1 Crystalline Silicon
1.3.2 Compound Type
1.3.3 Others
1.4 Global Solar PV Market Size by Type
1.4.1 Global Solar PV Market Size Overview by Type (2019-2030)
1.4.2 Global Solar PV Historic Market Size Review by Type (2019-2024)
1.4.3 Global Solar PV Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Solar PV Sales Breakdown by Type (2019-2024)
1.5.2 Europe Solar PV Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Solar PV Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Solar PV Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Solar PV Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Solar PV Industry Trends
2.2 Solar PV Industry Drivers
2.3 Solar PV Industry Opportunities and Challenges
2.4 Solar PV Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Solar PV Revenue (2019-2024)
3.2 Global Top Players by Solar PV Sales (2019-2024)
3.3 Global Top Players by Solar PV Price (2019-2024)
3.4 Global Solar PV Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Solar PV Key Company Manufacturing Sites & Headquarters
3.6 Global Solar PV Company, Product Type & Application
3.7 Global Solar PV Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Solar PV Market CR5 and HHI
3.8.2 Global Top 5 and 10 Solar PV Players Market Share by Revenue in 2023
3.8.3 2023 Solar PV Tier 1, Tier 2, and Tier 3
4 Solar PV Regional Status and Outlook
4.1 Global Solar PV Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Solar PV Historic Market Size by Region
4.2.1 Global Solar PV Sales in Volume by Region (2019-2024)
4.2.2 Global Solar PV Sales in Value by Region (2019-2024)
4.2.3 Global Solar PV Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Solar PV Forecasted Market Size by Region
4.3.1 Global Solar PV Sales in Volume by Region (2025-2030)
4.3.2 Global Solar PV Sales in Value by Region (2025-2030)
4.3.3 Global Solar PV Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Solar PV by Application
5.1 Solar PV Market by Application
5.1.1 Residential
5.1.2 Commercial
5.1.3 Ground Station
5.2 Global Solar PV Market Size by Application
5.2.1 Global Solar PV Market Size Overview by Application (2019-2030)
5.2.2 Global Solar PV Historic Market Size Review by Application (2019-2024)
5.2.3 Global Solar PV Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Solar PV Sales Breakdown by Application (2019-2024)
5.3.2 Europe Solar PV Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Solar PV Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Solar PV Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Solar PV Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Hanwha
6.1.1 Hanwha Comapny Information
6.1.2 Hanwha Business Overview
6.1.3 Hanwha Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Hanwha Solar PV Product Portfolio
6.1.5 Hanwha Recent Developments
6.2 Sharp
6.2.1 Sharp Comapny Information
6.2.2 Sharp Business Overview
6.2.3 Sharp Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Sharp Solar PV Product Portfolio
6.2.5 Sharp Recent Developments
6.3 First Solar
6.3.1 First Solar Comapny Information
6.3.2 First Solar Business Overview
6.3.3 First Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.3.4 First Solar Solar PV Product Portfolio
6.3.5 First Solar Recent Developments
6.4 Kyocera Solar
6.4.1 Kyocera Solar Comapny Information
6.4.2 Kyocera Solar Business Overview
6.4.3 Kyocera Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Kyocera Solar Solar PV Product Portfolio
6.4.5 Kyocera Solar Recent Developments
6.5 SunPower
6.5.1 SunPower Comapny Information
6.5.2 SunPower Business Overview
6.5.3 SunPower Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.5.4 SunPower Solar PV Product Portfolio
6.5.5 SunPower Recent Developments
6.6 REC Group
6.6.1 REC Group Comapny Information
6.6.2 REC Group Business Overview
6.6.3 REC Group Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.6.4 REC Group Solar PV Product Portfolio
6.6.5 REC Group Recent Developments
6.7 Solar Frontier
6.7.1 Solar Frontier Comapny Information
6.7.2 Solar Frontier Business Overview
6.7.3 Solar Frontier Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Solar Frontier Solar PV Product Portfolio
6.7.5 Solar Frontier Recent Developments
6.8 Solarworld
6.8.1 Solarworld Comapny Information
6.8.2 Solarworld Business Overview
6.8.3 Solarworld Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Solarworld Solar PV Product Portfolio
6.8.5 Solarworld Recent Developments
6.9 NSP
6.9.1 NSP Comapny Information
6.9.2 NSP Business Overview
6.9.3 NSP Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.9.4 NSP Solar PV Product Portfolio
6.9.5 NSP Recent Developments
6.10 SoloPower
6.10.1 SoloPower Comapny Information
6.10.2 SoloPower Business Overview
6.10.3 SoloPower Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.10.4 SoloPower Solar PV Product Portfolio
6.10.5 SoloPower Recent Developments
6.11 Trina Solar
6.11.1 Trina Solar Comapny Information
6.11.2 Trina Solar Business Overview
6.11.3 Trina Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Trina Solar Solar PV Product Portfolio
6.11.5 Trina Solar Recent Developments
6.12 Yingli
6.12.1 Yingli Comapny Information
6.12.2 Yingli Business Overview
6.12.3 Yingli Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Yingli Solar PV Product Portfolio
6.12.5 Yingli Recent Developments
6.13 Canadian Solar
6.13.1 Canadian Solar Comapny Information
6.13.2 Canadian Solar Business Overview
6.13.3 Canadian Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Canadian Solar Solar PV Product Portfolio
6.13.5 Canadian Solar Recent Developments
6.14 Jinko Solar
6.14.1 Jinko Solar Comapny Information
6.14.2 Jinko Solar Business Overview
6.14.3 Jinko Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Jinko Solar Solar PV Product Portfolio
6.14.5 Jinko Solar Recent Developments
6.15 JA Solar
6.15.1 JA Solar Comapny Information
6.15.2 JA Solar Business Overview
6.15.3 JA Solar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.15.4 JA Solar Solar PV Product Portfolio
6.15.5 JA Solar Recent Developments
6.16 ReneSola
6.16.1 ReneSola Comapny Information
6.16.2 ReneSola Business Overview
6.16.3 ReneSola Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.16.4 ReneSola Solar PV Product Portfolio
6.16.5 ReneSola Recent Developments
6.17 Shunfeng
6.17.1 Shunfeng Comapny Information
6.17.2 Shunfeng Business Overview
6.17.3 Shunfeng Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Shunfeng Solar PV Product Portfolio
6.17.5 Shunfeng Recent Developments
6.18 Chint Group
6.18.1 Chint Group Comapny Information
6.18.2 Chint Group Business Overview
6.18.3 Chint Group Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Chint Group Solar PV Product Portfolio
6.18.5 Chint Group Recent Developments
6.19 Hareonsolar
6.19.1 Hareonsolar Comapny Information
6.19.2 Hareonsolar Business Overview
6.19.3 Hareonsolar Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Hareonsolar Solar PV Product Portfolio
6.19.5 Hareonsolar Recent Developments
6.20 Eging PV
6.20.1 Eging PV Comapny Information
6.20.2 Eging PV Business Overview
6.20.3 Eging PV Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Eging PV Solar PV Product Portfolio
6.20.5 Eging PV Recent Developments
6.21 Risen
6.21.1 Risen Comapny Information
6.21.2 Risen Business Overview
6.21.3 Risen Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Risen Solar PV Product Portfolio
6.21.5 Risen Recent Developments
6.22 HT-SAAE
6.22.1 HT-SAAE Comapny Information
6.22.2 HT-SAAE Business Overview
6.22.3 HT-SAAE Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.22.4 HT-SAAE Solar PV Product Portfolio
6.22.5 HT-SAAE Recent Developments
6.23 CSUN
6.23.1 CSUN Comapny Information
6.23.2 CSUN Business Overview
6.23.3 CSUN Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.23.4 CSUN Solar PV Product Portfolio
6.23.5 CSUN Recent Developments
6.24 BYD
6.24.1 BYD Comapny Information
6.24.2 BYD Business Overview
6.24.3 BYD Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.24.4 BYD Solar PV Product Portfolio
6.24.5 BYD Recent Developments
6.25 Hanergy
6.25.1 Hanergy Comapny Information
6.25.2 Hanergy Business Overview
6.25.3 Hanergy Solar PV Sales, Revenue and Gross Margin (2019-2024)
6.25.4 Hanergy Solar PV Product Portfolio
6.25.5 Hanergy Recent Developments
7 North America by Country
7.1 North America Solar PV Sales by Country
7.1.1 North America Solar PV Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Solar PV Sales by Country (2019-2024)
7.1.3 North America Solar PV Sales Forecast by Country (2025-2030)
7.2 North America Solar PV Market Size by Country
7.2.1 North America Solar PV Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Solar PV Market Size by Country (2019-2024)
7.2.3 North America Solar PV Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Solar PV Sales by Country
8.1.1 Europe Solar PV Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Solar PV Sales by Country (2019-2024)
8.1.3 Europe Solar PV Sales Forecast by Country (2025-2030)
8.2 Europe Solar PV Market Size by Country
8.2.1 Europe Solar PV Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Solar PV Market Size by Country (2019-2024)
8.2.3 Europe Solar PV Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Solar PV Sales by Country
9.1.1 Asia-Pacific Solar PV Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Solar PV Sales by Country (2019-2024)
9.1.3 Asia-Pacific Solar PV Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Solar PV Market Size by Country
9.2.1 Asia-Pacific Solar PV Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Solar PV Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Solar PV Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Solar PV Sales by Country
10.1.1 Latin America Solar PV Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Solar PV Sales by Country (2019-2024)
10.1.3 Latin America Solar PV Sales Forecast by Country (2025-2030)
10.2 Latin America Solar PV Market Size by Country
10.2.1 Latin America Solar PV Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Solar PV Market Size by Country (2019-2024)
10.2.3 Latin America Solar PV Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Solar PV Sales by Country
11.1.1 Middle East and Africa Solar PV Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Solar PV Sales by Country (2019-2024)
11.1.3 Middle East and Africa Solar PV Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Solar PV Market Size by Country
11.2.1 Middle East and Africa Solar PV Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Solar PV Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Solar PV Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Solar PV Value Chain Analysis
12.1.1 Solar PV Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Solar PV Production Mode & Process
12.2 Solar PV Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Solar PV Distributors
12.2.3 Solar PV Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings