China is still the biggest market in the global Solar PV market, about 50% market share in 2015, the annual production is more than any single countries’ double production and the capacity is expansion in these years, almost 60% occurs in China. The future capacity and production market share will increase, or at least maintain the current share. For these regions, Asia owns the largest market share comparing with Europe and North America, indicating the strong demand of Solar PV products.
Market Analysis and Insights: Global Solar PV Market
In 2019, the global Solar PV market size was US$ 46630 million and it is expected to reach US$ 53270 million by the end of 2026, with a CAGR of 1.9% during 2021-2026.
Global Solar PV Scope and Market Size
Solar PV market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Solar PV market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Solar PV market is segmented into
Segment by Application, the Solar PV market is segmented into
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscapeand Solar PV Market Share Analysis
Solar PV market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Solar PV product introduction, recent developments, Solar PV sales by region, type, application and by sales channel.
The major companies include:
Hanwha Q CELLS
Neo Solar Power
E-Ton Solar Tech
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region