Solar Power Equipment Market
Solar Power Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Equipment Solar Panels, Mounting, Racking, & Tracking System, Storage System, Others
- By Application Residential, Nonresidential, Utility
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 113.22 Billion |
Revenue 2030: | USD 260.88 Billion |
Revenue CAGR (2023 - 2030): | 11.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Solar Power Equipment Market Segment Analysis
- Solar Power Equipment Equipment Outlook (Revenue, USD Million, 2018 - 2030)
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Solar Power Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Nonresidential
- Utility
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
-
North America Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- U.S.
- U.S. Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- U.S. Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- U.S. Solar Power Equipment Market, by Equipment
- Canada
- Canada Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Canada Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Canada Solar Power Equipment Market, by Equipment
-
Mexico
- Mexico Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Mexico Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Mexico Solar Power Equipment Market, by Equipment
-
North America Solar Power Equipment Market, by Equipment
- Europe
-
Europe Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
-
Europe Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- U. K.
- U.K. Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- U.K. Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- U.K. Solar Power Equipment Market, by Equipment
- France
- France Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- France Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- France Solar Power Equipment Market, by Equipment
-
Germany
- Germany Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Germany Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Germany Solar Power Equipment Market, by Equipment
-
Italy
- Italy Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Italy Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Italy Solar Power Equipment Market, by Equipment
-
Spain
- Spain Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Spain Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Spain Solar Power Equipment Market, by Equipment
-
Rest of Europe
- Rest of Europe Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Rest of Europe Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Rest of Europe Solar Power Equipment Market, by Equipment
-
Europe Solar Power Equipment Market, by Equipment
- Asia Pacific
-
Asia Pacific Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
-
Asia Pacific Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- China
- China Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- China Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- China Solar Power Equipment Market, by Equipment
- Japan
- Japan Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Japan Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Japan Solar Power Equipment Market, by Equipment
-
Germany
- Germany Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Germany Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Germany Solar Power Equipment Market, by Equipment
-
India
- India Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- India Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- India Solar Power Equipment Market, by Equipment
-
South Korea
- South Korea Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- South Korea Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- South Korea Solar Power Equipment Market, by Equipment
-
South East Asia
- South East Asia Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- South East Asia Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- South East Asia Solar Power Equipment Market, by Equipment
-
Rest of Asia Pacific
- Rest of Asia Pacific Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Rest of Asia Pacific Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Rest of Asia Pacific Solar Power Equipment Market, by Equipment
-
Asia Pacific Solar Power Equipment Market, by Equipment
- Latin America
-
Latin America Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
-
Latin America Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Brazil
- Brazil Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Brazil Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Brazil Solar Power Equipment Market, by Equipment
- Argentina
- Argentina Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Argentina Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Argentina Solar Power Equipment Market, by Equipment
-
Rest of Latin America
- Rest of Latin America Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Rest of Latin America Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Rest of Latin America Solar Power Equipment Market, by Equipment
-
Latin America Solar Power Equipment Market, by Equipment
- Middle East & Africa
-
Middle East & Africa Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
-
Middle East & Africa Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- GCC Countries
- GCC Countries Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- GCC Countries Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- GCC Countries Solar Power Equipment Market, by Equipment
- South Africa
- South Africa Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- South Africa Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- South Africa Solar Power Equipment Market, by Equipment
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Power Equipment Market, by Equipment
- Solar Panels
- Mounting
- Racking
- & Tracking System
- Storage System
- Others
- Rest of Middle East & Africa Solar Power Equipment Market, by Application
- Residential
- Nonresidential
- Utility
- Rest of Middle East & Africa Solar Power Equipment Market, by Equipment
-
Middle East & Africa Solar Power Equipment Market, by Equipment
- North America
FAQ
Frequently Asked Question
What is the global demand for Solar Power Equipment in terms of revenue?
-
The global Solar Power Equipment valued at USD 113.22 Billion in 2022 and is expected to reach USD 260.88 Billion in 2030 growing at a CAGR of 11.00%.
Which are the prominent players in the market?
-
The prominent players in the market are ABB Group, Canadian Solar, First Solar Inc., Hanwha Q CELLS, JA Solar, JinkoSolar, LONGi Solar, Shunfeng International, SunPower Corporation, Trina Solar.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Solar Power Equipment include
- Rise in demand for clean energy
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Solar Power Equipment in 2022.