Solar Energy Market in Canada 2025-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	146 Pages	TechNavio	December, 2024	INF19463283

Best Price Guarantee
Price	from $2,500
Length	146 Pages
Publisher	TechNavio
Published Date	December, 2024
SKU	INF19463283

Solar Energy Market In Canada 2025-2029

The solar energy market in canada is forecasted to grow by USD 2250.5 mn during 2024-2029, accelerating at a CAGR of 23.9% during the forecast period. The report on the solar energy market in canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government support for solar power technology, rise in investments in clean energy technologies, and declining levelized cost of energy (LCOE) of solar power generation.

Technavio's solar energy market in canada is segmented as below:

By Application

Grid-connected
Off-grid

By End-user

Utility
Rooftop

By Technology

Photovoltaic systems
Concentrated solar power systems

By Geographical Landscape

North America

This study identifies the growing adoption of pay-as-you-go (PAYG) model as one of the prime reasons driving the solar energy market in canada growth during the next few years. Also, new developments in solar energy market in canada and increase adoption of solar energy sources in transport will lead to sizable demand in the market.

The report on the solar energy market in canada covers the following areas:

Solar Energy Market in Canada sizing
Solar Energy Market in Canada forecast
Solar Energy Market in Canada industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar energy market in canada vendors that include Azgard Solar Inc., Bird Construction Inc., BluEarth Renewables, Canadian Solar Inc., DP Energy, Gorkon Industries, Great Canadian Solar Ltd., Greengate Power Corp., HELIENE Inc., miEnergy Inc., PureSky Community Solar Inc., Quadra Power Inc., and VCT Group Inc.. Also, the solar energy market in canada analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Country Market Characteristics; Executive Summary - Chart on Market Segmentation by Application; Executive Summary - Chart on Market Segmentation by End-user; Executive Summary - Chart on Market Segmentation by Technology; Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis: 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; 2.2 Criticality of inputs and Factors of differentiation; Overview on criticality of inputs and factors of differentiation; 2.3 Factors of disruption; Overview on factors of disruption; 2.4 Impact of drivers and challenges; Impact of drivers and challenges in 2024 and 2029
3 Market Landscape: 3.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 3.2 Market characteristics; Market characteristics analysis; 3.3 Value chain analysis; Value chain analysis
4 Market Sizing: 4.1 Market definition; Offerings of companies included in the market definition; 4.2 Market segment analysis; Market segments; 4.3 Market size 2024; 4.4 Market outlook: Forecast for 2024-2029; Chart on Canada - Market size and forecast 2024-2029 ($ million); Data Table on Canada - Market size and forecast 2024-2029 ($ million); Chart on Canada: Year-over-year growth 2024-2029 (%); Data Table on Canada: Year-over-year growth 2024-2029 (%)
5 Historic Market Size: 5.1 Solar Energy Market in Canada 2019 - 2023; Historic Market Size - Data Table on Solar Energy Market in Canada 2019 - 2023 ($ million); 5.2 Application segment analysis 2019 - 2023; Historic Market Size - Application Segment 2019 - 2023 ($ million); 5.3 End-user segment analysis 2019 - 2023; Historic Market Size - End-user Segment 2019 - 2023 ($ million); 5.4 Technology segment analysis 2019 - 2023; Historic Market Size - Technology Segment 2019 - 2023 ($ million)
6 Qualitative Analysis: 6.1 Impact of AI on the Solar Energy Market in Canada
7 Five Forces Analysis: 7.1 Five forces summary; Five forces analysis - Comparison between 2024 and 2029; 7.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2024 and 2029; 7.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2024 and 2029; 7.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2024 and 2029; 7.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2024 and 2029; 7.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2024 and 2029; 7.7 Market condition; Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application: 8.1 Market segments; Chart on Application - Market share 2024-2029 (%); Data Table on Application - Market share 2024-2029 (%); 8.2 Comparison by Application; Chart on Comparison by Application; Data Table on Comparison by Application; 8.3 Grid-connected - Market size and forecast 2024-2029; Chart on Grid-connected - Market size and forecast 2024-2029 ($ million); Data Table on Grid-connected - Market size and forecast 2024-2029 ($ million); Chart on Grid-connected - Year-over-year growth 2024-2029 (%); Data Table on Grid-connected - Year-over-year growth 2024-2029 (%); 8.4 Off-grid - Market size and forecast 2024-2029; Chart on Off-grid - Market size and forecast 2024-2029 ($ million); Data Table on Off-grid - Market size and forecast 2024-2029 ($ million); Chart on Off-grid - Year-over-year growth 2024-2029 (%); Data Table on Off-grid - Year-over-year growth 2024-2029 (%); 8.5 Market opportunity by Application; Market opportunity by Application ($ million); Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by End-user: 9.1 Market segments; Chart on End-user - Market share 2024-2029 (%); Data Table on End-user - Market share 2024-2029 (%); 9.2 Comparison by End-user; Chart on Comparison by End-user; Data Table on Comparison by End-user; 9.3 Utility - Market size and forecast 2024-2029; Chart on Utility - Market size and forecast 2024-2029 ($ million); Data Table on Utility - Market size and forecast 2024-2029 ($ million); Chart on Utility - Year-over-year growth 2024-2029 (%); Data Table on Utility - Year-over-year growth 2024-2029 (%); 9.4 Rooftop - Market size and forecast 2024-2029; Chart on Rooftop - Market size and forecast 2024-2029 ($ million); Data Table on Rooftop - Market size and forecast 2024-2029 ($ million); Chart on Rooftop - Year-over-year growth 2024-2029 (%); Data Table on Rooftop - Year-over-year growth 2024-2029 (%); 9.5 Market opportunity by End-user; Market opportunity by End-user ($ million); Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Technology: 10.1 Market segments; Chart on Technology - Market share 2024-2029 (%); Data Table on Technology - Market share 2024-2029 (%); 10.2 Comparison by Technology; Chart on Comparison by Technology; Data Table on Comparison by Technology; 10.3 Photovoltaic systems - Market size and forecast 2024-2029; Chart on Photovoltaic systems - Market size and forecast 2024-2029 ($ million); Data Table on Photovoltaic systems - Market size and forecast 2024-2029 ($ million); Chart on Photovoltaic systems - Year-over-year growth 2024-2029 (%); Data Table on Photovoltaic systems - Year-over-year growth 2024-2029 (%); 10.4 Concentrated solar power systems - Market size and forecast 2024-2029; Chart on Concentrated solar power systems - Market size and forecast 2024-2029 ($ million); Data Table on Concentrated solar power systems - Market size and forecast 2024-2029 ($ million); Chart on Concentrated solar power systems - Year-over-year growth 2024-2029 (%); Data Table on Concentrated solar power systems - Year-over-year growth 2024-2029 (%); 10.5 Market opportunity by Technology; Market opportunity by Technology ($ million); Data Table on Market opportunity by Technology ($ million)
11 Customer Landscape: 11.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints: 12.1 Market drivers; 12.2 Market challenges; 12.3 Impact of drivers and challenges; Impact of drivers and challenges in 2024 and 2029; 12.4 Market opportunities/restraints
13 Competitive Landscape: 13.1 Overview; 13.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 13.3 Landscape disruption; Overview on factors of disruption; 13.4 Industry risks; Impact of key risks on business
14 Competitive Analysis: 14.1 Companies profiled; Companies covered; 14.2 Company ranking index; Company ranking index; 14.3 Market positioning of companies; Matrix on companies position and classification; 14.4 Azgard Solar Inc.; Azgard Solar Inc. - Overview; Azgard Solar Inc. - Product / Service; Azgard Solar Inc. - Key offerings; SWOT; 14.5 Bird Construction Inc.; Bird Construction Inc. - Overview; Bird Construction Inc. - Product / Service; Bird Construction Inc. - Key offerings; SWOT; 14.6 BluEarth Renewables; BluEarth Renewables - Overview; BluEarth Renewables - Product / Service; BluEarth Renewables - Key offerings; SWOT; 14.7 Canadian Solar Inc.; Canadian Solar Inc. - Overview; Canadian Solar Inc. - Business segments; Canadian Solar Inc. - Key news; Canadian Solar Inc. - Key offerings; Canadian Solar Inc. - Segment focus; SWOT; 14.8 DP Energy; DP Energy - Overview; DP Energy - Product / Service; DP Energy - Key offerings; SWOT; 14.9 Gorkon Industries; Gorkon Industries - Overview; Gorkon Industries - Product / Service; Gorkon Industries - Key offerings; SWOT; 14.10 Great Canadian Solar Ltd.; Great Canadian Solar Ltd. - Overview; Great Canadian Solar Ltd. - Product / Service; Great Canadian Solar Ltd. - Key offerings; SWOT; 14.11 Greengate Power Corp.; Greengate Power Corp. - Overview; Greengate Power Corp. - Product / Service; Greengate Power Corp. - Key offerings; SWOT; 14.12 HELIENE Inc.; HELIENE Inc. - Overview; HELIENE Inc. - Product / Service; HELIENE Inc. - Key offerings; SWOT; 14.13 miEnergy Inc.; miEnergy Inc. - Overview; miEnergy Inc. - Product / Service; miEnergy Inc. - Key offerings; SWOT; 14.14 PureSky Community Solar Inc.; PureSky Community Solar Inc. - Overview; PureSky Community Solar Inc. - Product / Service; PureSky Community Solar Inc. - Key offerings; SWOT; 14.15 Quadra Power Inc.; Quadra Power Inc. - Overview; Quadra Power Inc. - Product / Service; Quadra Power Inc. - Key offerings; SWOT; 14.16 VCT Group Inc.; VCT Group Inc. - Overview; VCT Group Inc. - Product / Service; VCT Group Inc. - Key offerings; SWOT
15 Appendix: 15.1 Scope of the report; 15.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 15.3 Currency conversion rates for US$; Currency conversion rates for US$; 15.4 Research methodology; Research methodology; 15.5 Data procurement; Information sources; 15.6 Data validation; Data validation; 15.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 15.8 Data synthesis; Data synthesis; 15.9 360 degree market analysis; 360 degree market analysis; 15.10 List of abbreviations; List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Country Market Characteristics; Exhibits4: Executive Summary - Chart on Market Segmentation by Application; Exhibits5: Executive Summary - Chart on Market Segmentation by End-user; Exhibits6: Executive Summary - Chart on Market Segmentation by Technology; Exhibits7: Executive Summary - Chart on Company Market Positioning; Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits9: Overview on criticality of inputs and factors of differentiation; Exhibits10: Overview on factors of disruption; Exhibits11: Impact of drivers and challenges in 2024 and 2029; Exhibits12: Parent Market; Exhibits13: Data Table on - Parent Market; Exhibits14: Market characteristics analysis; Exhibits15: Value chain analysis; Exhibits16: Offerings of companies included in the market definition; Exhibits17: Market segments; Exhibits18: Chart on Canada - Market size and forecast 2024-2029 ($ million); Exhibits19: Data Table on Canada - Market size and forecast 2024-2029 ($ million); Exhibits20: Chart on Canada: Year-over-year growth 2024-2029 (%); Exhibits21: Data Table on Canada: Year-over-year growth 2024-2029 (%); Exhibits22: Historic Market Size - Data Table on Solar Energy Market in Canada 2019 - 2023 ($ million); Exhibits23: Historic Market Size - Application Segment 2019 - 2023 ($ million); Exhibits24: Historic Market Size - End-user Segment 2019 - 2023 ($ million); Exhibits25: Historic Market Size - Technology Segment 2019 - 2023 ($ million); Exhibits26: Five forces analysis - Comparison between 2024 and 2029; Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029; Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029; Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029; Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029; Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029; Exhibits32: Chart on Market condition - Five forces 2024 and 2029; Exhibits33: Chart on Application - Market share 2024-2029 (%); Exhibits34: Data Table on Application - Market share 2024-2029 (%); Exhibits35: Chart on Comparison by Application; Exhibits36: Data Table on Comparison by Application; Exhibits37: Chart on Grid-connected - Market size and forecast 2024-2029 ($ million); Exhibits38: Data Table on Grid-connected - Market size and forecast 2024-2029 ($ million); Exhibits39: Chart on Grid-connected - Year-over-year growth 2024-2029 (%); Exhibits40: Data Table on Grid-connected - Year-over-year growth 2024-2029 (%); Exhibits41: Chart on Off-grid - Market size and forecast 2024-2029 ($ million); Exhibits42: Data Table on Off-grid - Market size and forecast 2024-2029 ($ million); Exhibits43: Chart on Off-grid - Year-over-year growth 2024-2029 (%); Exhibits44: Data Table on Off-grid - Year-over-year growth 2024-2029 (%); Exhibits45: Market opportunity by Application ($ million); Exhibits46: Data Table on Market opportunity by Application ($ million); Exhibits47: Chart on End-user - Market share 2024-2029 (%); Exhibits48: Data Table on End-user - Market share 2024-2029 (%); Exhibits49: Chart on Comparison by End-user; Exhibits50: Data Table on Comparison by End-user; Exhibits51: Chart on Utility - Market size and forecast 2024-2029 ($ million); Exhibits52: Data Table on Utility - Market size and forecast 2024-2029 ($ million); Exhibits53: Chart on Utility - Year-over-year growth 2024-2029 (%); Exhibits54: Data Table on Utility - Year-over-year growth 2024-2029 (%); Exhibits55: Chart on Rooftop - Market size and forecast 2024-2029 ($ million); Exhibits56: Data Table on Rooftop - Market size and forecast 2024-2029 ($ million); Exhibits57: Chart on Rooftop - Year-over-year growth 2024-2029 (%); Exhibits58: Data Table on Rooftop - Year-over-year growth 2024-2029 (%); Exhibits59: Market opportunity by End-user ($ million); Exhibits60: Data Table on Market opportunity by End-user ($ million); Exhibits61: Chart on Technology - Market share 2024-2029 (%); Exhibits62: Data Table on Technology - Market share 2024-2029 (%); Exhibits63: Chart on Comparison by Technology; Exhibits64: Data Table on Comparison by Technology; Exhibits65: Chart on Photovoltaic systems - Market size and forecast 2024-2029 ($ million); Exhibits66: Data Table on Photovoltaic systems - Market size and forecast 2024-2029 ($ million); Exhibits67: Chart on Photovoltaic systems - Year-over-year growth 2024-2029 (%); Exhibits68: Data Table on Photovoltaic systems - Year-over-year growth 2024-2029 (%); Exhibits69: Chart on Concentrated solar power systems - Market size and forecast 2024-2029 ($ million); Exhibits70: Data Table on Concentrated solar power systems - Market size and forecast 2024-2029 ($ million); Exhibits71: Chart on Concentrated solar power systems - Year-over-year growth 2024-2029 (%); Exhibits72: Data Table on Concentrated solar power systems - Year-over-year growth 2024-2029 (%); Exhibits73: Market opportunity by Technology ($ million); Exhibits74: Data Table on Market opportunity by Technology ($ million); Exhibits75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits76: Impact of drivers and challenges in 2024 and 2029; Exhibits77: Overview on criticality of inputs and factors of differentiation; Exhibits78: Overview on factors of disruption; Exhibits79: Impact of key risks on business; Exhibits80: Companies covered; Exhibits81: Company ranking index; Exhibits82: Matrix on companies position and classification; Exhibits83: Azgard Solar Inc. - Overview; Exhibits84: Azgard Solar Inc. - Product / Service; Exhibits85: Azgard Solar Inc. - Key offerings; Exhibits86: SWOT; Exhibits87: Bird Construction Inc. - Overview; Exhibits88: Bird Construction Inc. - Product / Service; Exhibits89: Bird Construction Inc. - Key offerings; Exhibits90: SWOT; Exhibits91: BluEarth Renewables - Overview; Exhibits92: BluEarth Renewables - Product / Service; Exhibits93: BluEarth Renewables - Key offerings; Exhibits94: SWOT; Exhibits95: Canadian Solar Inc. - Overview; Exhibits96: Canadian Solar Inc. - Business segments; Exhibits97: Canadian Solar Inc. - Key news; Exhibits98: Canadian Solar Inc. - Key offerings; Exhibits99: Canadian Solar Inc. - Segment focus; Exhibits100: SWOT; Exhibits101: DP Energy - Overview; Exhibits102: DP Energy - Product / Service; Exhibits103: DP Energy - Key offerings; Exhibits104: SWOT; Exhibits105: Gorkon Industries - Overview; Exhibits106: Gorkon Industries - Product / Service; Exhibits107: Gorkon Industries - Key offerings; Exhibits108: SWOT; Exhibits109: Great Canadian Solar Ltd. - Overview; Exhibits110: Great Canadian Solar Ltd. - Product / Service; Exhibits111: Great Canadian Solar Ltd. - Key offerings; Exhibits112: SWOT; Exhibits113: Greengate Power Corp. - Overview; Exhibits114: Greengate Power Corp. - Product / Service; Exhibits115: Greengate Power Corp. - Key offerings; Exhibits116: SWOT; Exhibits117: HELIENE Inc. - Overview; Exhibits118: HELIENE Inc. - Product / Service; Exhibits119: HELIENE Inc. - Key offerings; Exhibits120: SWOT; Exhibits121: miEnergy Inc. - Overview; Exhibits122: miEnergy Inc. - Product / Service; Exhibits123: miEnergy Inc. - Key offerings; Exhibits124: SWOT; Exhibits125: PureSky Community Solar Inc. - Overview; Exhibits126: PureSky Community Solar Inc. - Product / Service; Exhibits127: PureSky Community Solar Inc. - Key offerings; Exhibits128: SWOT; Exhibits129: Quadra Power Inc. - Overview; Exhibits130: Quadra Power Inc. - Product / Service; Exhibits131: Quadra Power Inc. - Key offerings; Exhibits132: SWOT; Exhibits133: VCT Group Inc. - Overview; Exhibits134: VCT Group Inc. - Product / Service; Exhibits135: VCT Group Inc. - Key offerings; Exhibits136: SWOT; Exhibits137: Inclusions checklist; Exhibits138: Exclusions checklist; Exhibits139: Currency conversion rates for US$; Exhibits140: Research methodology; Exhibits141: Information sources; Exhibits142: Data validation; Exhibits143: Validation techniques employed for market sizing; Exhibits144: Data synthesis; Exhibits145: 360 degree market analysis; Exhibits146: List of abbreviations