Solar Energy Market: Global Industry Analysis, Size, Share, Growth, Trend, and Forecast 2024-2030.

  • Solar Energy Market size was valued at US$ 212.27 Bn. in 2023. Global Solar Energy Market is estimated to grow at a CAGR of 7.1% over the forecast period.

  • Format : PDF | Report ID : SMR_412

Solar Energy Market Overview:

Solar energy is the sun's radiant energy that may be gathered using a range of technologies such as solar heating, photovoltaic cells, and other methods. It is a cost-effective unconventional energy source and a practical renewable response to rising greenhouse gas emissions and global warming. This report on the solar energy market is analysed and studied on the basis of technology, solar module, application, end-use and region.

 

As per SMR research, despite the significant global impact of COVID-19, the world saw a record 138.2 gigawatts (GW) of solar deployed in 2020, marking an 18% increase over 2019. As a result, by the end of the year, the world's total solar capacity had increased by 23% to 780.4 GW. This unusually robust growth enabled solar to maintain its dominance among all newly installed power generating technologies, achieving a global share of 38%, which corresponds to the astonishing reality that solar will account for more than one-third of all power plant units added in 2020.

 

Solar Energy Market

 

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Solar Energy Market Dynamics:

Growing Adoption of Solar Energy:

The phenomenal growth is part of a larger success story for renewable energy adoption in 2020. According to the International Renewable Energy Agency (IRENA), the world installed more than 260 GW of renewable energy capacity in 2020, nearly double the amount added in 2019. These figures tell a remarkable story of resilience and hope. Despite the challenges and uncertainty of 2020, renewable energy has emerged as an unmistakable source of hope for a better, more equal, resilient, and clean future. This growing adoption rate of renewable energy is propelling solar energy market growth

 

Growing Energy Demand and Government Support across the Globe:

The growing electricity demand and government programs encourage the use of renewable energy sources, which in turn, boosts the solar energy market. The government incentives and tax benefits for successfully exploiting barren land for solar power plants are moving the market forward. Other factors favouring the worldwide market include rising industrialization in emerging countries and cheap operating and maintenance costs of solar power installations.

 

Increased environmental degradation and government incentives and tax refunds to install solar panels are driving the growth of the solar energy market. In addition, solar energy systems' reduced water footprint has increased their demand in the power production sector. As a result of an increase in rooftop installations, followed by an increase in architectural applications, demand for solar cells has increased dramatically.

 

Solar Energy Market

 

Volatile Fossil Fuel Prices across the Globe:

Unpredictable fossil fuel prices, the need to dissociate dependence on fossil fuel imports from areas of political volatility, environmental concerns about the greenhouse gas emissions associated with fossil fuel use, government incentives and other support programs that make solar power more cost-competitive, and a shift in consumer preference are the most important factors which are expected to stimulate the growth of the solar energy market through the forecast period.

 

However, factors including reliability, overall production, and competitiveness are expected to have a minor impact on the adoption of PV system technology. In addition, overall meteorological conditions and geographical latitudes limit the growth of the solar energy market, particularly in areas prone to winter and rainfall.

 

Future Insights in Solar Energy Market:

 The adoption of a storage grid is expected to increase in tandem with the rise in demand for PV installations, fueling demand for lithium ion-powered batteries for solar energy storage which is expected to boost the solar energy market's growth through the forecast period. Due to a rise in installations and the use of solar panels, the amorphous silicon cells segment is predicted to grow the most. In addition, due to the development of cost-effective solar panels, demand for copper indium gallium selenide (CIGS) is expected to rise during the forecast period.

 

Solar Energy Market Segment Analysis:

By Technology, the Solar Energy Market is segmented into Photovoltaic Systems and Concentrated Solar Power Systems. The Photovoltaic Systems segment dominated the market with 71.6% in 2023. Due to the increased desire for off-grid installations, the solar energy market size from photovoltaic (PV) systems is expected to grow significantly based on technology. Solar photovoltaics are becoming more popular as a means of converting solar energy to electricity. The growing requirement for storage grid networks, as well as the increased popularity of lithium ion-powered batteries, has emphasized the need to replace old conventional sources. In addition, an increase in the number of PV installations across the globe is also driving the segment growth.

 

Solar Energy Market

 

By Application, the Solar Energy Market is segmented into Residential, Commercial, and Industrial. The Residential segment held the largest market share with 42% in 2023. Given the rise in non-conventional resource costs, solar energy installation in the residential sector is growing significantly across the globe. In addition, the growth of the market is expected to be aided by an increase in the number of residential projects and the installation of solar energy systems.

 

Solar Energy Market Regional Insights:

The Asia Pacific region dominated the market with a 46% share in 2023. The region’s growth is attributed to the region's growing demand for electricity, APAC is positioned to gain a significant revenue share in the solar energy market. The rising number of solar power plants and the growing population are two promising factors for regional market progress. The industry's growth will also be aided by a rising focus on ramping up new generation capacity and greater deployment of various solar technologies.

 

The North American region is expected to witness significant growth in the solar energy market, at a CAGR of 6.8% during the forecast period. In North America, solar electricity is more economical, accessible, and widespread than it has ever been. For example, solar power capacity in the United States has expanded from 0.34 GW in 2008 to an estimated 97.2 GW now. This amount of energy is enough to power 18 million average American homes. Solar energy, in the form of solar photovoltaics (PV) and concentrating solar-thermal power, now provides over 3% of all electricity in the United States (CSP).

 

The solar energy market has a track record of creating jobs across the country. Solar jobs in the United States have grown 167% in the last decade, five times faster than the general job growth rate in the US economy. More than 250,000 people work in the solar industry in the United States, in industries like manufacture, installation, project development, trading, and distribution.

 

The objective of the report is to present a comprehensive analysis of the Global Solar Energy Market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Solar Energy Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Solar Energy Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Solar Energy Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the global market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.

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The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Solar Energy Market. The report also analyses if the Global Solar Energy Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Solar Energy Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Solar Energy Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Solar Energy Market is aided by legal factors.

 

Solar Energy Market Scope:

Solar Energy Market

Market Size in 2023

USD 212.27 Bn.

Market Size in 2030

USD 343.09 Bn.

CAGR (2024-2030)

7.1%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Technology

  • Photovoltaic Systems
  • Concentrated Solar Power Systems

By Solar Module

  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride
  • Amorphous Silicon Cells
  • Others

By Application

  • Residential
  • Commercial
  • Industrial

By End-Use

  • Electricity Generation
  • Heating
  • Charging and Lighting

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Solar Energy Market Key Players:  

  • First Solar Inc. (US)
  • Trina Solar Limited (China)
  • Sharp Corporation (Japan)
  • Yingli Solar (China)
  • RGS Energy (US)
  • JA Solar (China)
  • ReneSola (US)
  • Hanwha Q Cells (South Korea)
  • Motech Industries Inc. (Taiwan)
  • Waaree Grou12 (India)
  • Canadian Solar Inc. (Canada)
  • Tata Power Solar Systems Ltd. (India)
  • eSolar Inc. (US)
  • SunPower Corporation (U.S.)
  • Urja Global Limited (India)
  • Azure Power (India)


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Frequently Asked Questions

The segments covered in the Solar Energy Market report are based on Technology, Solar Module, Application, and End-Use.

Chapter 1 Scope of the Report
Chapter 2 Research Methodology

      2.1.Research Process
      2.2.Global Solar Energy Market: Target Audience
      2.3.Global Solar Energy Market: Primary Research (As per Client Requirement)
      2.4.Global Solar Energy Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape

      4.1.Market Share Analysis, By Value, 2023-2030
            4.1.1.Market Share Analysis, By Region, By Value, 2023-2030 (In %)
                  4.1.1.1.North America Market Share Analysis, By Value, 2023-2030 (In %)
                  4.1.1.2.Europe Market Share Analysis, By Value, 2023-2030 (In %)
                  4.1.1.3.Asia Pacific Market Share Analysis, By Value, 2023-2030 (In %)
                  4.1.1.4.South America Market Share Analysis, By Value, 2023-2030 (In %)
                  4.1.1.5.Middle East and Africa Market Share Analysis, By Value, 2023-2030 (In %)
            4.1.2.Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %) 
                  4.1.2.1. North America Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.1.1.USA Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.1.2.Canada Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.1.3.Mexico Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                  4.1.2.2. Europe Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.1.UK Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.2.France Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.3.Germany Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.4.Italy Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.5.Spain Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.6.Sweden Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.7.Austria Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.2.8.Rest of Europe Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                  4.1.2.3. Asia Pacific Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.1.China Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.2.India Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.3.Japan Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.4.South Korea Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.5.Australia Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.6.ASEAN Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.3.7.Rest of APAC Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                  4.1.2.4. South America Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.4.1.Brazil Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.4.2.Argentina Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.4.3.Rest of South America Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5. Middle East and Africa Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5.1.South Africa Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5.2.GCC Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5.3.Egypt Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5.4.Nigeria Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
                        4.1.2.5.5.Rest of Middle East and Africa Market Share Analysis, By Solar Module, By Value, 2023-2030 (In %)
        4.1.3.Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                  4.1.3.1. North America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.1.1.USA Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.1.2.Canada Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.1.3.Mexico Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                  4.1.3.2. Europe Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.1.UK Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.2.France Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.3.Germany Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.4.Italy Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.5.Spain Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.6.Sweden Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.7.Austria Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.2.8.Rest of Europe Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                  4.1.3.3. Asia Pacific Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.1.China Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.2.India Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.3.Japan Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.4.South Korea Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.5.Australia Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.6.ASEAN Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.3.7.Rest of APAC Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                  4.1.3.4.South America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.4.1.Brazil Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.4.2.Argentina Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.4.3.Rest of South America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                  4.1.3.5.Middle East and Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.5.1.South Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.5.2.GCC Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.5.3.Egypt Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.5.4.Nigeria Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
                        4.1.3.5.5.Rest of Middle East and Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
            4.1.4.Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                  4.1.4.1.North America Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.1.1.USA Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.1.2.Canada Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.1.3.Mexico Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                  4.1.4.2.Europe Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.1.UK Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.2.France Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.3.Germany Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.4.Italy Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.5.Spain Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.6.Sweden Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.7.Austria Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.2.8.Rest of Europe Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                  4.1.4.3.Asia Pacific Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.1.China Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.2.India Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.3.Japan Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.4.South Korea Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.5.Australia Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.6.ASEAN Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.3.7.Rest of APAC Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                  4.1.4.4. South America Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.4.1.Brazil Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.4.2.Argentina Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.4.3.Rest of South America Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                  4.1.4.5.Middle East and Africa Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.5.1.South Africa Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.5.2.GCC Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.5.3.Egypt Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.5.4.Nigeria Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
                        4.1.4.5.5.Rest of Middle East and Africa Market Share Analysis, By End-Use, By Value, 2023-2030 (In %)
            4.1.5.Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.1. North America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.1.1.USA Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.1.2.Canada Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.1.3.Mexico Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.2.Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.1.UK Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.2.France Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.3.Germany Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.4.Italy Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.5.Spain Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.6.Sweden Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.7.Austria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.2.8.Rest of Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.3.Asia Pacific Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.1.China Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.2.India Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.3.Japan Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.4.South Korea Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.5.Australia Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.6.ASEAN Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.3.7.Rest of APAC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.4. South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.4.1.Brazil Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.4.2.Argentina Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.4.3.Rest of South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.5.Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.5.1.South Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.5.2.GCC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.5.3.Egypt Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                        4.1.5.5.4.Nigeria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
                  4.1.5.6. Rest of Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
      4.2. Stellar Competition matrix
            4.2.1.Global Stellar Competition Matrix
            4.2.2.North America Stellar Competition Matrix
            4.2.3.Europe Stellar Competition Matrix
            4.2.4.Asia Pacific Stellar Competition Matrix
            4.2.5.South America Stellar Competition Matrix
            4.2.6.Middle East and Africa Stellar Competition Matrix
      4.3. Key Players Benchmarking 
            4.3.1.Key Players Benchmarking By Solar Module, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
      4.4. Mergers and Acquisitions in Industry
            4.4.1.M&A by Region, Value and Strategic Intent
      4.5. Market Dynamics
            4.5.1.Market Drivers
            4.5.2.Market Restraints
            4.5.3.Market Opportunities
            4.5.4.Market Challenges
            4.5.5.PESTLE Analysis
            4.5.6.PORTERS Five Force Analysis
            4.5.7.Value Chain Analysis
Chapter 5 Global Solar Energy Market Segmentation: By Solar Module
      5.1.Global Solar Energy Market, By Solar Module, Overview/Analysis, 2023-2030
      5.2.Global Solar Energy Market, By Solar Module, By Value, Market Share (%), 2023-2030 (USD Million)
      5.3.Global Solar Energy Market, By Solar Module, By Value, - 
            5.3.1.Monocrystalline
            5.3.2.Polycrystalline
            5.3.3.Cadmium Telluride
            5.3.4.Amorphous Silicon Cells
            5.3.5.Others
Chapter 6 Global Solar Energy Market Segmentation: By Technology
      6.1.Global Solar Energy Market, By Technology, Overview/Analysis, 2023-2030
      6.2.Global Solar Energy Market Size, By Technology, By Value, Market Share (%), 2023-2030 (USD Million)
      6.3.Global Solar Energy Market, By Technology, By Value, - 
            6.3.1.Photovoltaic Systems
            6.3.2.Concentrated Solar Power Systems
Chapter 7 Global Solar Energy Market Segmentation: By End-Use
      7.1.Global Solar Energy Market, By End-Use, Overview/Analysis, 2023-2030
      7.2.Global Solar Energy Market Size, By End-Use, By Value, Market Share (%), 2023-2030 (USD Million)
      7.3.Global Solar Energy Market, By End-Use, By Value, - 
            7.3.1.Electricity Generation
            7.3.2.Heating
            7.3.3.Charging and Lighting
Chapter 8 Global Solar Energy Market Segmentation: By Application
      8.1.Global Solar Energy Market, By Application, Overview/Analysis, 2023-2030
      8.2.Global Solar Energy Market Size, By Application, By Value, Market Share (%), 2023-2030 (USD Million)
      8.3.Global Solar Energy Market, By Application, By Value, - 
            8.3.1.Residential
            8.3.2.Commercial 
            8.3.3.Industrial
Chapter 9 Global Solar Energy Market Segmentation: By Region
      9.1.Global Solar Energy Market, By Region – North America
            9.1.1.North America Solar Energy Market Size, By Solar Module, By Value, 2023-2030 (USD Million)
            9.1.2.North America Solar Energy Market Size, By Technology, By Value, 2023-2030 (USD Million)
            9.1.3.North America Solar Energy Market Size, By End-Use, By Value, 2023-2030 (USD Million)
            9.1.4.North America Solar Energy Market Size, By Application, By Value, 2023-2030 (USD Million)
            9.1.5.By Country – U.S.
                  9.1.5.1.U.S. Solar Energy Market Size, By Solar Module, By Value,  2023-2030 (USD Million)
                  9.1.5.2.U.S. Solar Energy Market Size, By Technology, By Value, 2023-2030 (USD Million)
                  9.1.5.3.U.S. Solar Energy Market Size, By End-Use, By Value, 2023-2030 (USD Million)  
                  9.1.5.4.U.S. Solar Energy Market Size, By Application, By Value, 2023-2030 (USD Million)  
                  9.1.5.5.Canada Solar Energy Market Size, By Value, 2023-2030 (USD Million)
                  9.1.5.6.Mexico Solar Energy Market Size, By Value, 2023-2030 (USD Million)
      9.2. Europe Solar Energy Market Size, By Value, 2023-2030 (USD Million)
            9.2.1.UK
            9.2.2.France
            9.2.3.Germany
            9.2.4.Italy
            9.2.5.Spain 
            9.2.6.Sweden
            9.2.7.Austria
            9.2.8.Rest of Europe
      9.3. Asia Pacific Solar Energy Market Size, By Value, 2023-2030 (USD Million)
            9.3.1.China
            9.3.2.India
            9.3.3.Japan
            9.3.4.South Korea
            9.3.5.Australia
            9.3.6.ASEAN
            9.3.7.Rest of APAC
      9.4. Middle East and Africa Solar Energy Market Size, By Value, 2023-2030 (USD Million)
            9.4.1.South Africa
            9.4.2.GCC 
            9.4.3.Egypt
            9.4.4.Nigeria
            9.4.5.Rest of Middle East and Africa
      9.5. South America Solar Energy Market Size, By Value, 2023-2030 (USD Million)
            9.5.1.Brazil
            9.5.2.Argentina
            9.5.3.Rest of South America
Chapter 10 Company Profiles
      10.1.Key Players
                  10.1.1.First Solar Inc. (US)
                  10.1.1.1.Company Overview
                  10.1.1.2.Tube Portfolio
                  10.1.1.3.Financial Overview
                  10.1.1.4.Business Strategy
                  10.1.1.5.Key Developments
            10.1.2.Trina Solar Limited (China)
            10.1.3.Sharp Corporation (Japan)
            10.1.4.Yingli Solar (China)
            10.1.5.RGS Energy (US)
            10.1.6.JA Solar (China)
            10.1.7.ReneSola (US)
            10.1.8.Hanwha Q Cells (South Korea)
            10.1.9.Motech Industries Inc. (Taiwan)
            10.1.10.Waaree Grou12 (India)
            10.1.11.Canadian Solar Inc. (Canada)
            10.1.12.Tata Power Solar Systems Ltd. (India)
            10.1.13.eSolar Inc. (US)
            10.1.14.SunPower Corporation (U.S.)
            10.1.15.Urja Global Limited (India)
            10.1.16.Azure Power (India)
      10.2. Key Findings
      10.3. Recommendations

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