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Solar Power Generation Systems-Global Market Insights and Sales Trends 2024
Synopsis
The global Solar Power Generation Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Power Generation Systems in various end use industries. The expanding demands from the Commercial Use, Utility and Industrial Use,, are propelling Solar Power Generation Systems market. Centralized PV Power Plant, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Decentralized PV Power Plant segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.306 GW.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Power Generation Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Power Generation Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Power Generation Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Power Generation Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Power Generation Systems covered in this report include Schneider, Hitachi, Chint Group, Sunrun, Vivint Solar, NRG Home Solar, Verengo Solar, SolarCity and Sungevity, etc.
The global Solar Power Generation Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider
Hitachi
Chint Group
Sunrun
Vivint Solar
NRG Home Solar
Verengo Solar
SolarCity
Sungevity
SunPower
RGS Energy
Global Solar Power Generation Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Power Generation Systems market, Segment by Type:
Centralized PV Power Plant
Decentralized PV Power Plant
Global Solar Power Generation Systems market, by Application
Commercial Use
Utility
Industrial Use
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Solar Power Generation Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Solar Power Generation Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Power Generation Systems in various end use industries. The expanding demands from the Commercial Use, Utility and Industrial Use,, are propelling Solar Power Generation Systems market. Centralized PV Power Plant, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Decentralized PV Power Plant segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.306 GW.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Power Generation Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Power Generation Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Power Generation Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Power Generation Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Power Generation Systems covered in this report include Schneider, Hitachi, Chint Group, Sunrun, Vivint Solar, NRG Home Solar, Verengo Solar, SolarCity and Sungevity, etc.
The global Solar Power Generation Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider
Hitachi
Chint Group
Sunrun
Vivint Solar
NRG Home Solar
Verengo Solar
SolarCity
Sungevity
SunPower
RGS Energy
Global Solar Power Generation Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Power Generation Systems market, Segment by Type:
Centralized PV Power Plant
Decentralized PV Power Plant
Global Solar Power Generation Systems market, by Application
Commercial Use
Utility
Industrial Use
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Solar Power Generation Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Solar Power Generation Systems
1.1 Solar Power Generation Systems Market Overview
1.1.1 Solar Power Generation Systems Product Scope
1.1.2 Solar Power Generation Systems Market Status and Outlook
1.2 Global Solar Power Generation Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Solar Power Generation Systems Market Size by Region (2018-2029)
1.4 Global Solar Power Generation Systems Historic Market Size by Region (2018-2023)
1.5 Global Solar Power Generation Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Solar Power Generation Systems Market Size (2018-2029)
1.6.1 North America Solar Power Generation Systems Market Size (2018-2029)
1.6.2 Europe Solar Power Generation Systems Market Size (2018-2029)
1.6.3 Asia-Pacific Solar Power Generation Systems Market Size (2018-2029)
1.6.4 Latin America Solar Power Generation Systems Market Size (2018-2029)
1.6.5 Middle East & Africa Solar Power Generation Systems Market Size (2018-2029)
2 Solar Power Generation Systems Market by Type
2.1 Introduction
2.1.1 Centralized PV Power Plant
2.1.2 Decentralized PV Power Plant
2.2 Global Solar Power Generation Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Solar Power Generation Systems Historic Market Size by Type (2018-2023)
2.2.2 Global Solar Power Generation Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Solar Power Generation Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Solar Power Generation Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Solar Power Generation Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Solar Power Generation Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Solar Power Generation Systems Revenue Breakdown by Type (2018-2029)
3 Solar Power Generation Systems Market Overview by Application
3.1 Introduction
3.1.1 Commercial Use
3.1.2 Utility
3.1.3 Industrial Use
3.2 Global Solar Power Generation Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Solar Power Generation Systems Historic Market Size by Application (2018-2023)
3.2.2 Global Solar Power Generation Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Solar Power Generation Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Solar Power Generation Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Solar Power Generation Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Solar Power Generation Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Solar Power Generation Systems Revenue Breakdown by Application (2018-2029)
4 Solar Power Generation Systems Competition Analysis by Players
4.1 Global Solar Power Generation Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Power Generation Systems as of 2022)
4.3 Date of Key Players Enter into Solar Power Generation Systems Market
4.4 Global Top Players Solar Power Generation Systems Headquarters and Area Served
4.5 Key Players Solar Power Generation Systems Product Solution and Service
4.6 Competitive Status
4.6.1 Solar Power Generation Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Schneider
5.1.1 Schneider Profile
5.1.2 Schneider Main Business
5.1.3 Schneider Solar Power Generation Systems Products, Services and Solutions
5.1.4 Schneider Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.1.5 Schneider Recent Developments
5.2 Hitachi
5.2.1 Hitachi Profile
5.2.2 Hitachi Main Business
5.2.3 Hitachi Solar Power Generation Systems Products, Services and Solutions
5.2.4 Hitachi Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.2.5 Hitachi Recent Developments
5.3 Chint Group
5.3.1 Chint Group Profile
5.3.2 Chint Group Main Business
5.3.3 Chint Group Solar Power Generation Systems Products, Services and Solutions
5.3.4 Chint Group Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.3.5 Sunrun Recent Developments
5.4 Sunrun
5.4.1 Sunrun Profile
5.4.2 Sunrun Main Business
5.4.3 Sunrun Solar Power Generation Systems Products, Services and Solutions
5.4.4 Sunrun Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.4.5 Sunrun Recent Developments
5.5 Vivint Solar
5.5.1 Vivint Solar Profile
5.5.2 Vivint Solar Main Business
5.5.3 Vivint Solar Solar Power Generation Systems Products, Services and Solutions
5.5.4 Vivint Solar Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.5.5 Vivint Solar Recent Developments
5.6 NRG Home Solar
5.6.1 NRG Home Solar Profile
5.6.2 NRG Home Solar Main Business
5.6.3 NRG Home Solar Solar Power Generation Systems Products, Services and Solutions
5.6.4 NRG Home Solar Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.6.5 NRG Home Solar Recent Developments
5.7 Verengo Solar
5.7.1 Verengo Solar Profile
5.7.2 Verengo Solar Main Business
5.7.3 Verengo Solar Solar Power Generation Systems Products, Services and Solutions
5.7.4 Verengo Solar Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.7.5 Verengo Solar Recent Developments
5.8 SolarCity
5.8.1 SolarCity Profile
5.8.2 SolarCity Main Business
5.8.3 SolarCity Solar Power Generation Systems Products, Services and Solutions
5.8.4 SolarCity Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.8.5 SolarCity Recent Developments
5.9 Sungevity
5.9.1 Sungevity Profile
5.9.2 Sungevity Main Business
5.9.3 Sungevity Solar Power Generation Systems Products, Services and Solutions
5.9.4 Sungevity Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.9.5 Sungevity Recent Developments
5.10 SunPower
5.10.1 SunPower Profile
5.10.2 SunPower Main Business
5.10.3 SunPower Solar Power Generation Systems Products, Services and Solutions
5.10.4 SunPower Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.10.5 SunPower Recent Developments
5.11 RGS Energy
5.11.1 RGS Energy Profile
5.11.2 RGS Energy Main Business
5.11.3 RGS Energy Solar Power Generation Systems Products, Services and Solutions
5.11.4 RGS Energy Solar Power Generation Systems Revenue (US$ Million) & (2018-2023)
5.11.5 RGS Energy Recent Developments
6 North America
6.1 North America Solar Power Generation Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Solar Power Generation Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Solar Power Generation Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Solar Power Generation Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Solar Power Generation Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Solar Power Generation Systems Market Dynamics
11.1 Solar Power Generation Systems Industry Trends
11.2 Solar Power Generation Systems Market Drivers
11.3 Solar Power Generation Systems Market Challenges
11.4 Solar Power Generation Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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