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Solar Photovoltaic (PV) Market Share

  • Report ID: GMI5407
  • Published Date: Dec 2022
  • Report Format: PDF

Solar Photovoltaic Market Share

Top participants operating in the solar PV market are

  • Trina Solar
  • First Solar
  • Canadian Solar
  • Jinko Solar
  • REC Solar Holdings AS
  • GCL-SI
  • CsunSolar Tech
  • Solaria Corporation

Strategic partnerships, collaborations, and mergers by major players along with the development of several large-scale projects in emerging nations will enhance the industry scenario.
 

For example, in August 2022, CSI Solar, a subsidiary of Canadian Solar, signed an investment agreement with the municipal government of Qinghai province in China. Under the agreement, the firm plans to construct a production facility of approximately 50,000-ton capacity of high-purity polysilicon and aims to set up an industrial-scale solar manufacturing park in Haidong. The deal improved CSI Solar’s presence at the global level and helped the firm establish a strong position across the industry.

Authors: Ankit Gupta, Sristhi Agrawal

Frequently Asked Questions (FAQ) :

The market size of solar PV crossed USD 140 billion in 2021 and is expected to record a CAGR of over 5% through 2032.

Ground mounted solar photovoltaic market size is expected to register more than 4% growth rate through 2032 due to multiple benefits, such as enhanced efficiency, easy installation & maintenance, high performance, and greater variability in orientation & inclination.

The North America market is predicted to observe more than 4% gains till 2032, owing to the introduction of supportive initiatives, such as tax rebates, funding, and feed-in tariff schemes to bolster the deployment of solar PV panels.

Top companies operating in industry are Trina Solar, First Solar, Canadian Solar, Jinko Solar, REC Solar Holdings AS, GCL-SI, CsunSolar Tech, and Solaria Corporation, among others.

Solar Photovoltaic (PV) Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 24
  • Tables & Figures: 1217
  • Countries covered: 46
  • Pages: 600
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