According to our (Global Info Research) latest study, the global Solar PV Installation market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Solar PV (Photovoltaic) installation refers to the process of setting up and configuring solar panel systems to generate electricity from sunlight. It involves the design, placement, and installation of solar panels on rooftops, ground-mounted frames, or other suitable locations. The installation process includes mounting the panels, connecting them with wiring, and integrating the system with inverters and batteries for energy conversion and storage. Proper installation ensures optimal positioning, alignment, and electrical connections to maximize solar energy capture and conversion into usable electricity.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.53 GW.
The Global Info Research report includes an overview of the development of the Solar PV Installation industry chain, the market status of Ground PV Systems Installation (Off-grid PV System, Grid-connected PV System), Roof PV Systems Installation (Off-grid PV System, Grid-connected PV System), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Solar PV Installation.
Regionally, the report analyzes the Solar PV Installation markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Solar PV Installation market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Solar PV Installation market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Solar PV Installation industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Off-grid PV System, Grid-connected PV System).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Solar PV Installation market.
Regional Analysis: The report involves examining the Solar PV Installation market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Solar PV Installation market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Solar PV Installation:
Company Analysis: Report covers individual Solar PV Installation players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Solar PV Installation This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Ground PV Systems Installation, Roof PV Systems Installation).
Technology Analysis: Report covers specific technologies relevant to Solar PV Installation. It assesses the current state, advancements, and potential future developments in Solar PV Installation areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Solar PV Installation market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Solar PV Installation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Off-grid PV System
Grid-connected PV System
Market segment by Application
Ground PV Systems Installation
Roof PV Systems Installation
BIPV Systems Installation
Market segment by players, this report covers
SolarCity
GRID Alternatives
Sungevity
Sunpower
RGS Energy
Vivint Solar
Sun Edison
NRG Energy
Sunnova
SunRun
Enfinity
Invictus NV
Energy 21 a.s.
Conergy
Phoenix Solar AG
BIOSAR (AKTOR S.A.)
BP Solar
OPDE Group
Singyes Solar
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Solar PV Installation product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Solar PV Installation, with revenue, gross margin and global market share of Solar PV Installation from 2019 to 2024.
Chapter 3, the Solar PV Installation competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Solar PV Installation market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Solar PV Installation.
Chapter 13, to describe Solar PV Installation research findings and conclusion.
Summary:
Get latest Market Research Reports on Solar PV Installation. Industry analysis & Market Report on Solar PV Installation is a syndicated market report, published as Global Solar PV Installation Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Solar PV Installation market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.