PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1607780
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1607780
Solar Energy Market Assessment, By Technology [Solar Photovoltaic, Concentrated Solar Power], By Application [Residential, Commercial, Industrial, Utility], By Region, Opportunities and Forecast, 2018-2032F
Global solar energy market is projected to witness a CAGR of 7.48% during the forecast period 2024-2032, growing from USD 222.84 billion in 2024 to USD 396.70 billion in 2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
The global solar energy market is driven by multiple factors such as the declining price of solar photovoltaic, energy storage solutions, and rural electrification. The demand for clean energy sources is on the rise which drives the need for renewable energy sources such as solar to generate electricity to reduce greenhouse gas emissions. Solar energy has become a leading renewable energy source due to the effective reduction in solar photovoltaic module prices, which have dropped by nearly 90% over the past decade.
Moreover, government policies such as tax incentives, renewable portfolio standards, and international climate commitments are accelerating the solar industry adoption which is further propelling the market towards growth. Companies and consumers increasingly adopt solar energy technologies to meet sustainability goals and reduce electricity costs. In developing countries, solar is a pivotal tool for expanding electricity access, mainly in remote areas where grid infrastructure is limited, driving the demand for solar energy.
Furthermore, the recent advancement in energy storage technology is further strengthening the solar market by addressing intermittent solar power. As energy security concerns are rising globally, the demand for decentralized solar solutions is gaining traction in residential and commercial applications.
For instance, in September 2024, First Solar, Inc. inaugurated a new USD 1.1 billion fully vertically integrated thin-film solar manufacturing facility in Lawrence County, Alabama. The facility will add 3.5 gigawatts (GW) of solar manufacturing capacity in the United States. The facility aims to reduce the nation's dependence on foreign-made solar panels by producing American-made solar panels with components sourced from a domestic supply chain.
Technology Advancement in Solar Panel is Pushing the Market Towards Growth
Technological advancements are significantly driving the growth of the solar energy market, primarily through innovations in solar panel design and efficiency. The rise of bifacial solar panels, which capture sunlight from both sides. This design enhances energy production by utilizing reflected light from the ground and surrounding surfaces, making them increasingly vital in industry. This form of design can produce up to 10-30% more energy than traditional monofacial panels in terms of energy efficiency.
Additionally, the advancements in solar cell efficiency have propelled the market forward. Modern solar panels can achieve conversion efficiencies of more than 20-25%, a greater improvement from earlier generations of solar cells which could only convert about 10% of sunlight into electricity. The need for installation space is therefore reduced, further improving efficiency since more energy can be harnessed from less space.
Moreover, the incorporation of smart technologies within solar systems allows them to be remotely monitored and optimized which further improves the overall performance and reliability of the solar systems. These technological advancements make solar energy more viable and attractive which drives its adoption across various sectors.
For instance, in July 2024, LONGi announced an upgrade to its Hi-MO 7 bifacial solar module, enhancing its power output and efficiency. The new Hi-MO 7 module boasts a 620W power output and an increased efficiency of 23%. This upgraded model incorporates high-quality monocrystalline silicon wafers, optimized module encapsulation, advanced cell pastes, and intelligent automatic junction box welding technology. The upgrade reflects LONGi's ongoing dedication to advancing solar technology and meeting the growing demands of the renewable energy market.
Government Initiative to Support Growing Demand for Electricity Pushing the Market Growth
Globally, the consumption of energy is on the rise across the globe as an impact of rapid growth in industrialization, urbanization, and population. Developing regions such as Asia-Pacific and Africa have some of the highest rates of energy consumption, and the International Energy Agency (IEA) forecasts that global energy use could rise by nearly 30% by 2040. This rising demand for electricity increases the pressure on traditional fossil fuel sources, which are limited and have a negative impact on the environment. Therefore, the adoption of renewable energy sources, such as solar energy, is a viable option to meet this growing demand for electricity.
Moreover, government incentives and policies worldwide are creating a favorable environment for solar energy. Several governments are adopting policies that provide financial assistance in the form of solar installation subsidies, tax incentives, and even grants. For instance, in the United States of America, through an Investment Tax Credit or ITC, solar energy is experiencing massive investment due to an offset of about 30% of the installation costs.
In Europe, goals are ambitious due to EU Green Deal and RED II which sets the renewable energy capacity and reduces carbon emissions by up to 55% by the end of 2030. Such measures have also made it possible to raise significant financial resources for solar energy infrastructure enhanced by policies that guarantee production-based pay such as feed-in tariffs. More Chinese government also subsidizes many projects and provides low-cost loans, which have made China the leading nation in solar manufacturing and installations.
For instance, in April 2024, the United States government launched a transformative initiative aimed at expanding access to solar energy through the Solar for All program, which allocates USD 7 billion in grants. This initiative is designed to deliver residential solar projects to over 900,000 low-income and disadvantaged households across the United States. Announced on Earth Day, this program is part of the President's Investing in America agenda and is funded by the Inflation Reduction Act.
The Solar Photovoltaic Segment is Dominating the Market Share
The solar photovoltaic segment is the dominant segment in the global solar energy market, primarily due to its widespread applicability and technological advancements. Photovoltaics convert sunlight directly into electricity, making them a viable solution for various energy needs.
One of the key drivers of the PV segment's dominance is the increasing demand for renewable energy sources as countries aim to reduce their carbon footprints and transition away from fossil fuels. The affordability and efficiency of Photovoltaic PV systems have improved significantly over recent years, making them accessible for residential, commercial, and utility-scale applications.
Moreover, large-scale utility projects utilizing ground-mounted PV systems are rapidly expanding, particularly in regions with abundant sunlight like China, the United States, and India. This expansion is further supported by government incentives and policies designed to encourage the adoption of clean energy solutions.
As a result, photovoltaic technology continues to lead the solar energy market, providing a sustainable solution to meet the rising global electricity demand while contributing to environmental sustainability.
For instance, in September 2024, Oxford PV launched its next-generation perovskite tandem solar panels in the United States, marking a significant milestone in solar technology. These innovative 72-cell panels are designed with proprietary perovskite-on-silicon solar cells and could produce up to 20% more energy than standard silicon panels. The advancement will be utilized in utility-scale installation, reducing the levelized cost of electricity (LCOE) and allowing for more efficient land use by generating more electricity from the same area.
Asia-Pacific Dominates the Market Share of Solar Energy
Asia-Pacific is dominating the global solar energy market due to several factors. First and foremost, China leads the world in solar capacity, having installed an impressive amount of solar power, which significantly contributes to the region's overall dominance. The Chinese government has implemented strong policies and incentives that promote solar energy adoption, including subsidies and feed-in tariffs.
Additionally, India is rapidly expanding its solar infrastructure, driven by ambitious national goals and substantial investments in renewable energy. The country's initiatives aim to increase solar capacity significantly, reflecting a broader commitment to renewable energy.
Furthermore, the region benefits from a combination of rising energy demand due to urbanization and industrial growth, alongside decreasing costs of solar technology. This economic landscape encourages investment in solar projects, leading to greater capacity installations.
Moreover, the presence of innovative technologies, such as bifacial solar panels and energy storage solutions, further enhances the efficiency and appeal of solar energy in the Asia-Pacific market.
For instance, in October 2024, TotalEnergies ENEOS completed the installation of a 1.8 megawatt-peak (MWp) floating solar photovoltaic (PV) system project in Thailand with S. Kijchai Enterprise, a Thailand-based manufacturer of wood-based panels. This is the second PV system that TotalEnergies ENEOS has installed for the company within 4 years and the first floating solar PV system for TotalEnergies ENEOS in the Asia-Pacific. The solar PV system will generate approximately 2,650 megawatt-hours (MWh) of renewable electricity annually.
Future Market Scenario (2025 - 2032F)
Innovations in solar technology, such as improved photovoltaic efficiency and the integration of energy storage systems, are making solar power more accessible and cost-effective. These advancements help address issues related to intermittent and enhance the overall reliability of solar energy.
Several countries are implementing favorable policies, including tax credits, subsidies, and renewable energy targets, to encourage solar adoption.
As populations grow and economies develop, the need for sustainable and reliable electricity sources is becoming more important which further fosters the adoption of solar energy.
Growing awareness of climate change and environmental degradation is prompting a shift towards cleaner energy sources such as solar.
Key Players Landscape and Outlook
Continuous innovation characterizes the landscape of solar energy globally, as companies compete to outperform one another in terms of solar panel efficiency, storage solutions, and unique features. The market prognosis remains positive, owing to increased demand for integration with smart grids. Solar panel manufacturers are concerned with advancing the technologies of solar panels for improving energy efficiency, which will likely define the industry's future. Collaborations and developing technologies are projected to increase competition in this fast-paced market.
For instance, in November 2024, TotalEnergies ENEOS successfully completed the installation of a 2.2 megawatt-peak (MWp) solar rooftop project with PT. Perusahaan Industri Ceres (Ceres), is a leader in Indonesian chocolate confectionery products. The solar photovoltaic (PV) system generates approximately 3,250 megawatt-hours (MWh) of renewable electricity annually and will power about 9% of Ceres' manufacturing facility in Bandung, Indonesia. This newly installed PV system is expected to reduce the company's overall carbon footprint by approximately 2,600 tons of CO2 emissions, which is equivalent to taking around 560 cars off the road or planting over 39,000 trees.
Table of Contents
1. Project Scope and Definitions
2. Research Methodology
3. Executive Summary
4. Voice of Customer
- 4.1. Respondent Demographic
- 4.2. Factor Influencing Purchase Decision
- 4.2.1. Installation Time
- 4.2.2. Solar Panel Efficiency
- 4.2.3. Technical Sales and Service
- 4.2.4. Product Efficiency
- 4.3. Government Initiative and Policies
5. Global Solar Energy Market Outlook, 2018-2032F
- 5.1. Market Size Analysis & Forecast
- 5.1.1. By Value
- 5.1.2. By Volume
- 5.2. Market Share Analysis & Forecast
- 5.2.1. By Technology
- 5.2.1.1. Solar Photovoltaic
- 5.2.1.2. Concentrated Solar Power
- 5.2.2. By Application
- 5.2.2.1. Residential
- 5.2.2.2. Commercials
- 5.2.2.3. Industrial
- 5.2.2.4. Utility
- 5.2.3. By Region
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia-Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East and Africa
- 5.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
- 5.2.1. By Technology
- 5.3. Market Map Analysis, 2023
- 5.3.1. By Technology
- 5.3.2. By Application
- 5.3.3. By Region
6. North America Solar Energy Market Outlook, 2018-2032F*
- 6.1. Market Size Analysis & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. Market Share Analysis & Forecast
- 6.2.1. By Technology
- 6.2.1.1. Solar Photovoltaic
- 6.2.1.2. Concentrated Solar Power
- 6.2.2. By Application
- 6.2.2.1. Residential
- 6.2.2.2. Commercial
- 6.2.2.3. Industrial
- 6.2.2.4. Utility
- 6.2.3. By Country Share
- 6.2.3.1. United States
- 6.2.3.2. Canada
- 6.2.3.3. Mexico
- 6.2.1. By Technology
- 6.3. Country Market Assessment
- 6.3.1. United States Solar Energy Market Outlook, 2018-2032F*
- 6.3.1.1. Market Size Analysis & Forecast
- 6.3.1.1.1. By Value
- 6.3.1.1.2. By Volume
- 6.3.1.2. Market Share Analysis & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.1.1. Solar Photovoltaic
- 6.3.1.2.1.2. Concentrated Solar Power
- 6.3.1.2.2. By Application
- 6.3.1.2.2.1. Residential
- 6.3.1.2.2.2. Commercial
- 6.3.1.2.2.3. Industrial
- 6.3.1.2.2.4. Utility
- 6.3.1.2.1. By Type
- 6.3.1.1. Market Size Analysis & Forecast
- 6.3.2. Canada
- 6.3.3. Mexico
- 6.3.1. United States Solar Energy Market Outlook, 2018-2032F*
All segments will be provided for all regions and countries covered
7. Europe Solar Energy Market Outlook, 2018-2032F
- 7.1. Germany
- 7.2. France
- 7.3. Italy
- 7.4. United Kingdom
- 7.5. Russia
- 7.6. Netherlands
- 7.7. Spain
- 7.8. Turkey
- 7.9. Poland
8. Asia-Pacific Solar Energy Market Outlook, 2018-2032F
- 8.1. India
- 8.2. China
- 8.3. Japan
- 8.4. Australia
- 8.5. Vietnam
- 8.6. South Korea
- 8.7. Indonesia
- 8.8. Philippines
9. South America Solar Energy Market Outlook, 2018-2032F
- 9.1. Brazil
- 9.2. Argentina
10. Middle East and Africa Solar Energy Market Outlook, 2018-2032F
- 10.1. Saudi Arabia
- 10.2. UAE
- 10.3. South Africa
11. Porter's Five Forces Analysis
12. PESTLE Analysis
13. Market Dynamics
- 13.1. Market Drivers
- 13.2. Market Challenges
14. Market Trends and Developments
15. Competitive Landscape
- 15.1. Competition Matrix of Top 5 Market Leaders
- 15.2. SWOT Analysis for Top 5 Players
- 15.3. Key Players Landscape for Top 10 Market Players
- 15.3.1. Sharp Corporation
- 15.3.1.1. Company Details
- 15.3.1.2. Key Management Personnel
- 15.3.1.3. Products and Services
- 15.3.1.4. Financials (As Reported)
- 15.3.1.5. Key Market Focus and Geographical Presence
- 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
- 15.3.2. LONGi Green Energy Technology Co., Ltd.
- 15.3.3. TrinaSolar Co., Ltd.
- 15.3.4. Canadian Solar Inc.
- 15.3.5. RISEN ENERGY Co., LTD.
- 15.3.6. First Solar, Inc.
- 15.3.7. JA Solar Technology Co., Ltd.
- 15.3.8. AIKO Energy Co., Ltd.
- 15.3.9. Tongwei Co., Ltd.
- 15.3.10. Shoals Technologies Group, Inc.
- 15.3.11. TotalEnergies SE
- 15.3.1. Sharp Corporation
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
16. Strategic Recommendations
17. About Us and Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 2. Global Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 3. Global Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 4. Global Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 5. Global Solar Energy Market Share (%), By Region, 2018-2032F
- Figure 6. North America Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 7. North America Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 8. North America Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 9. North America Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 10. North America Solar Energy Market Share (%), By Country, 2018-2032F
- Figure 11. United States Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 12. United States Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 13. United States Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 14. United States Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 15. Canada Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 16. Canada Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 17. Canada Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 18. Canada Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 19. Mexico Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 20. Mexico Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 21. Mexico Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 22. Mexico Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 23. Europe Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 24. Europe Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 25. Europe Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 26. Europe Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 27. Europe Solar Energy Market Share (%), By Country, 2018-2032F
- Figure 28. Germany Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 29. Germany Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 30. Germany Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 31. Germany Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 32. France Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 33. France Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 34. France Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 35. France Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 36. Italy Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 37. Italy Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 38. Italy Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 39. Italy Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 40. United Kingdom Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 41. United Kingdom Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 42. United Kingdom Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 43. United Kingdom Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 44. Russia Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 45. Russia Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 46. Russia Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 47. Russia Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 48. Netherlands Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 49. Netherlands Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 50. Netherlands Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 51. Netherlands Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 52. Spain Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 53. Spain Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 54. Spain Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 55. Spain Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 56. Turkey Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 57. Turkey Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 58. Turkey Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 59. Turkey Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 60. Poland Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 61. Poland Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 62. Poland Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 63. Poland Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 64. South America Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 65. South America Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 66. South America Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 67. South America Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 68. South America Solar Energy Market Share (%), By Country, 2018-2032F
- Figure 69. Brazil Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 70. Brazil Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 71. Brazil Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 72. Brazil Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 73. Argentina Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 74. Argentina Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 75. Argentina Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 76. Argentina Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 77. Asia-Pacific Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 78. Asia-Pacific Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 79. Asia-Pacific Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 80. Asia-Pacific Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 81. Asia-Pacific Solar Energy Market Share (%), By Country, 2018-2032F
- Figure 82. India Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 83. India Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 84. India Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 85. India Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 86. China Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 87. China Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 88. China Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 89. China Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 90. Japan Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 91. Japan Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 92. Japan Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 93. Japan Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 94. Australia Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 95. Australia Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 96. Australia Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 97. Australia Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 98. Vietnam Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 99. Vietnam Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 100. Vietnam Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 101. Vietnam Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 102. South Korea Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 103. South Korea Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 104. South Korea Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 105. South Korea Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 106. Indonesia Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 107. Indonesia Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 108. Indonesia Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 109. Indonesia Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 110. Philippines Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 111. Philippines Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 112. Philippines Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 113. Philippines Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 114. Middle East & Africa Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 115. Middle East & Africa Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 116. Middle East & Africa Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 117. Middle East & Africa Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 118. Middle East & Africa Solar Energy Market Share (%), By Country, 2018-2032F
- Figure 119. Saudi Arabia Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 120. Saudi Arabia Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 121. Saudi Arabia Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 122. Saudi Arabia Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 123. UAE Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 124. UAE Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 125. UAE Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 126. UAE Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 127. South Africa Solar Energy Market, By Value, In USD Billion, 2018-2032F
- Figure 128. South Africa Solar Energy Market, By Volume, in Gigawatt (GW), 2018-2032F
- Figure 129. South Africa Solar Energy Market Share (%), By Technology, 2018-2032F
- Figure 130. South Africa Solar Energy Market Share (%), By Application, 2018-2032F
- Figure 131. By Technology Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 132. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 133. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
