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Photovoltaic Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Jul 2024

Report ID: ARC1961

Pages : 250

Format : Photovoltaic Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Photovoltaic Market

1.1. Definition and Scope

1.1.1. Definition of Photovoltaic

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Photovoltaic Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Photovoltaic Market By Technology

1.2.3. Photovoltaic Market By System

1.2.4. Photovoltaic Market By Application

1.2.5. Photovoltaic Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Source

2.2.2. Primary Source

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Photovoltaic Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Photovoltaic Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Price Trend of Key Raw Material

3.8.1. Raw Material Suppliers

3.8.2. Proportion of Manufacturing Cost Structure

3.8.2.1. Raw Material

3.8.2.2. Labor Cost

3.8.2.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Photovoltaic Market By Technology

5.1. Introduction

5.2. Photovoltaic Revenue By Technology

5.2.1. Photovoltaic Revenue (USD Billion) and Forecast, By Technology, 2020-2032

5.2.2. Thin Film

5.2.2.1. Thin Film Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.2. Cadmium telluride

5.2.2.2.1. Cadmium telluride Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.3. Amorphous thin-film silicon

5.2.2.3.1. Amorphous thin-film siliconMarket Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.4. Copper indium gallium diselenide

5.2.2.4.1. Copper indium gallium diselenide Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Multi-Si

5.2.3.1. Multi-Si Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Mono-Si

5.2.4.1. Mono-Si Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Photovoltaic Market By System

6.1. Introduction

6.2. Photovoltaic Revenue By System

6.2.1. Photovoltaic Revenue (USD Billion) and Forecast, By System, 2020-2032

6.2.2. Low Concentrated PV (LCPV)

6.2.2.1. Low Concentrated PV (LCPV) Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. High Concentrated PV (HCPV)

6.2.3.1. High Concentrated PV (HCPV) Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Photovoltaic Market By Application

7.1. Introduction

7.2. Photovoltaic Revenue By Application

7.2.1. Photovoltaic Revenue (USD Billion) and Forecast, By Application, 2020-2032

7.2.2. Industrial

7.2.2.1. Industrial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Commercial

7.2.3.1. Commercial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Residential

7.2.4.1. Residential Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. North America Photovoltaic Market By Country 

8.1. North America Photovoltaic Market Overview

8.2. U.S.

8.2.1. U.S. Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.2.2. U.S. Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

8.2.3. U.S. Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

8.3. Canada

8.3.1. Canada Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.3.2. Canada Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

8.3.3. Canada Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

8.4. North America PEST Analysis

CHAPTER 9. Europe Photovoltaic Market By Country

9.1. Europe Photovoltaic Market Overview

9.2. U.K.

9.2.1. U.K. Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.2.2. U.K. Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

9.2.3. U.K. Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

9.3. Germany

9.3.1. Germany Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.3.2. Germany Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

9.3.3. Germany Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

9.4. France

9.4.1. France Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.4.2. France Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

9.4.3. France Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

9.5. Spain

9.5.1. Spain Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.5.2. Spain Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

9.5.3. Spain Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.6.2. Rest of Europe Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

9.6.3. Rest of Europe Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Photovoltaic Market By Country

10.1. Asia Pacific Photovoltaic Market Overview

10.2. China

10.2.1. China Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.2.2. China Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.2.3. China Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.3. Japan

10.3.1. Japan Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.3.2. Japan Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.3.3. Japan Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.4. India

10.4.1. India Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.4.2. India Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.4.3. India Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.5. Australia

10.5.1. Australia Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.5.2. Australia Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.5.3. Australia Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.6. South Korea

10.6.1. South Korea Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.6.2. South Korea Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.6.3. South Korea Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.7.2. Rest of Asia-Pacific Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

10.7.3. Rest of Asia-Pacific Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Photovoltaic Market By Country

11.1. Latin America Photovoltaic Market Overview

11.2. Brazil

11.2.1. Brazil Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.2.2. Brazil Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

11.2.3. Brazil Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

11.3. Mexico

11.3.1. Mexico Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.3.2. Mexico Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

11.3.3. Mexico Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.4.2. Rest of Latin America Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

11.4.3. Rest of Latin America Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Photovoltaic Market By Country 

12.1. Middle East & Africa Photovoltaic Market Overview

12.2. GCC

12.2.1. GCC Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.2.2. GCC Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

12.2.3. GCC Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

12.3. South Africa

12.3.1. South Africa Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.3.2. South Africa Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

12.3.3. South Africa Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Photovoltaic Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.4.2. Rest of Middle East & Africa Photovoltaic Revenue (USD Billion) and Forecast By System, 2020-2032

12.4.3. Rest of Middle East & Africa Photovoltaic Revenue (USD Billion) and Forecast By Application, 2020-2032

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Photovoltaic Market

13.1. Photovoltaic Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Photovoltaic Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. Tata Power Solar Systems Ltd.

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2022

14.1.3.2. Tata Power Solar Systems Ltd. 2022 Photovoltaic Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. Wuxi Suntech Power Co. Ltd

14.3. Canadian Solar Inc.

14.4. Nextera Energy Sources LLC

14.5. Vivaan Solar

14.6. SunPower Corporation

14.7. Waaree Group

14.8. Jinko Solar

14.9. Trina Solar

14.10. BrightSource Energy Inc.

Frequently Asked Questions

How big is the photovoltaic market?

The photovoltaic market size was USD 96.2 Billion in 2022.

What is the CAGR of the global Photovoltaic Market from 2023 to 2032?

The CAGR of photovoltaic is 22.4% during the analysis period of 2023 to 2032.

Which are the key players in the Photovoltaic Market?

The key players operating in the global market are including Tata Power Solar Systems Ltd., Wuxi Suntech Power Co. Ltd, Canadian Solar Inc., Nextera Energy Sources LLC, Vivaan Solar, SunPower Corporation, Waaree Group, Jinko Solar, Trina Solar, and BrightSource Energy Inc.

Which region dominated the global Photovoltaic Market share?

Asia-Pacific held the dominating position in photovoltaic industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Latin America region exhibited fastest growing CAGR for market of photovoltaic during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global photovoltaic industry?

The current trends and dynamics in the photovoltaic industry include declining costs of solar technology, supportive government policies and incentives, increasing environmental awareness, and advancements in PV technology, improving efficiency and durability.

Which system held the maximum share in 2022?

The low concentrated PV (LCPV) system held the maximum share of the photovoltaic industry.

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