Solar Power Market Research Reports
The basic unit of all solar electric technology is the photovoltaic (PV) cell. PV cells generate electricity by exploiting the “photovoltaic effect” where, under certain conditions, electrons flow through semiconductor materials when exposed to sunlight.
Solar electric (PV) and solar thermal (ST) are proving technologies, however; the primary industry focus currently is on grid-tied solar electric photovoltaic (PV) power, with solar thermal (ST) power accorded a secondary focus. The reason for taking this approach is that, as presently constituted, the U.S. solar market is built primarily on sales of PV systems.
The solar power market cannot be properly understood without reference to the overall U.S. electricity market, which is thoroughly dominated by coal, natural gas, and nuclear power. Thus the status quo electricity market based on non-renewable energy power must be taken into scope.
Solar Power Industry Research & Market Reports
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Residential Battery Market - Growth, Trends, and Forecasts (2023 - 2028)
... register a CAGR of 17.89% during the forecast period. Although the market studied was affected by COVID-19 in 2020, it recovered and reached pre-pandemic levels. The declining prices of lithium-ion batteries are expected to drive ... Read More
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Switzerland Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... pandemic in 2020, the Swiss solar energy market did not witness any significant impact. Many countries ramped up solar panel production and installations, with several projects put into operation during Q3 and Q4. However, in ... Read More
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Australia Power Epc Market- Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... was hit hard by the COVID-19 outbreak. Power EPC contractors in Australia faced disruption in the procurement of necessary equipment for projects like Neoen solar projects currently in the development phase due to the lockdown, ... Read More
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Australia Energy Storage Systems (Ess) Market - Growth, Trends, and Forecasts (2023 - 2028)
... and it is projected to register a CAGR of -27.56% during the forecast period. Although the market studied was affected by the COVID-19 pandemic in 2020, it recovered and reached pre-pandemic levels. The decrease in ... Read More
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Czech Republic Solar Energy Market - Growth, Trends, and Forecasts (2023 - 2028)
... was negatively impacted by COVID-19. Presently the market has now reached pre-pandemic levels. Key Highlights The primary driver for the market includes government initiatives that include the use of clean and alternative sources of energy ... Read More
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Residential Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 pandemic slowed down the growth of solar energy, including residential installations, due to supply chain disruption amid lockdowns in various nations during Q1 and Q2 2020. With the ongoing pandemic, multiple countries also ... Read More
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Europe Single-Axis Solar Tracker Market - Growth, Trends, and Forecasts (2023 - 2028)
... negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels. Key Highlights Over the medium term, the growing demand for solar power is expected to stimulate market growth. Furthermore, increasing ... Read More
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India Solar Water Pump Systems Market- Growth, Trends, and Forecasts (2023 - 2028)
... negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels. Key Highlights Over the long term, the high solar power targets set by the country for the coming years, and the ease ... Read More
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Australia Solar Power Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... was hit hard by the COVID-19 outbreak. Solar EPC contractors in Australia faced disruption in the procurement of the necessary equipment for projects like Neoen solar projects currently in the development phase due to the ... Read More
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Brazil Renewable Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 outbreak in Q1 of 2020 had an adverse impact on investments. For instance, Petrobras cut its 2020 investments by 30%, down to USD 8.5 billion from USD 12 billion. Though there was an ... Read More
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Commercial Unmanned Systems for the Energy Industry Growth Opportunities
... growth, restraints, trends, challenges, and main growth opportunities. In 2022, the global commercial unmanned systems market for the energy industry generated a revenue of $2.12 billion, with unmanned aerial systems (UASs) being the main product ... Read More
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Middle East and Africa Solar Panel Recycling Market - Growth, Trends, and Forecasts (2023 - 2028)
... during the forecast period. The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, it has reached pre-pandemic levels. Key Highlights Over the long term, factors such as increasing solar panel waste generation ... Read More
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North America Single Axis Solar Tracker Market - Growth, Trends, and Forecasts (2023 - 2028)
... The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels. Key Highlights Over the medium term, factors such as supportive government policies and efforts to meet power demand ... Read More
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South Africa Rooftop Solar Market - Growth, Trends, and Forecasts (2023 - 2028)
... is projected to register a CAGR of 8.04% during the forecast period. Although the market studied was negatively impacted by the COVID-19 pandemic in 2020, it has recovered and reached pre-pandemic levels. The growing government ... Read More
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Poland Solar Energy Market - Growth, Trends, and Forecasts (2023 - 2028)
... register a CAGR of 15% during the forecast period. Although the COVID-19 pandemic affected the market studied in 2020, the market studied has been recovering and reached pre-pandemic levels. Over the forecast period, favorable government ... Read More
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Brazil Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... outbreak has had a significant impact on the country's economy, which is expected to majorly hamper the solar market's growth. In 2020, Brazil generated 10.7 TW.h of solar power and stood as the second-highest contributor ... Read More
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Japan Renewable Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... register a CAGR of over 3.55% during the forecast period. COVID-19 negatively impacted the market in 2020. Presently the market has now reached pre-pandemic levels. Key Highlights Over the long term, the growing demand for ... Read More
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Canada Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... country was significantly impacted due to the COVID-19 outbreak. In 2020, Canada failed to commission major projects, for which it has a solar energy growth of only 15 MW. Further, solar EPC contractors in Canada ... Read More
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South Korea Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 outbreak did not have a significant impact on the South Korean solar energy market. The country witnessed an addition of around 2.6 GW of solar capacity in 2019-2020, without any delays in the projects ... Read More
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Australia Renewable Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic was limited on the country's renewable energy industry as many large- and small-scale renewable projects were completed at the same pace in 2020, which added around 5 GW of new capacity to the ... Read More
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Vietnam Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... period, 2022-2027. Despite the COVID-19 pandemic, the country's rooftop solar installations added 9.3 gigawatts (GW) by the end of 2020. The country has set a new record by creating an eight-fold increase in rooftop solar ... Read More
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Brazil Power Epc Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... policies are likely to drive the Brazil power EPC market during the forecast period. In the Brazilian Energy Expansion Plan for 2024, published by the Brazilian Ministry of Mines and Energy (MME), the Brazilian energy ... Read More
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Kuwait Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic disrupted the supply chain and resulted in economic turmoil, leading to scraping solar projects such as the 1.5 GW al-Dabdaba solar complex. The increasing number of solar projects and investments and declining solar ... Read More
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Thailand Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... slightly affected the solar photovoltaic (PV) installations in the country during Q1 and Q2 2020 due to lockdown restrictions, supply chain disruptions, lowered solar PV production, and project implementation delays. The state-run Electricity Generating Authority ... Read More
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Bangladesh Solar Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... The COVID-19 pandemic negatively affected the Bangladesh solar energy market, and solar module makers in Bangladesh have demanded USD 58.9 million worth of grants, long-term interest-free loans, and tax incentives to recover the losses incurred ... Read More
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