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Global Solar PV Systems Industry
Global Solar PV Systems Market to Reach $2. 3 Trillion by 2027. Amid the COVID-19 crisis, the global market for Solar PV Systems estimated at US$824. 6 Billion in the year 2020, is projected to reach a revised size of US$2.
New York, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Solar PV Systems Industry" - https://www.reportlinker.com/p05960147/?utm_source=GNW
3 Trillion by 2027, growing at a CAGR of 15.6% over the analysis period 2020-2027. Utility, one of the segments analyzed in the report, is projected to record a 13.2% CAGR and reach US$895.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the C&I segment is readjusted to a revised 18.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $223 Billion, While China is Forecast to Grow at 19.5% CAGR
The Solar PV Systems market in the U.S. is estimated at US$223 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$496.8 Billion by the year 2027 trailing a CAGR of 19.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 14.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.
Residential Segment to Record 15.9% CAGR
In the global Residential segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$173.5 Billion in the year 2020 will reach a projected size of US$468 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$325.9 Billion by the year 2027, while Latin America will expand at a 17.1% CAGR through the analysis period. We bring years of research experience to this 6th edition of our report. The 179-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
Canadian Solar, Inc.
Hanwha Group
Ja Solar Co. Ltd.
Jinko Solar
Trina Solar Ltd.
Read the full report: https://www.reportlinker.com/p05960147/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Solar PV Systems Competitor Market Share Scenario Worldwide
(in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Solar PV Systems Global Market Estimates and Forecasts
in US$ Million by Region/Country: 2020-2027
Table 2: Solar PV Systems Global Retrospective Market Scenario
in US$ Million by Region/Country: 2012-2019
Table 3: Solar PV Systems Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Utility (End-Use) Global Opportunity Assessment in US$
Million by Region/Country: 2020-2027
Table 5: Utility (End-Use) Historic Sales Analysis in US$
Million by Region/Country: 2012-2019
Table 6: Utility (End-Use) Percentage Share Breakdown of Global
Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: C&I (End-Use) Worldwide Sales in US$ Million by
Region/Country: 2020-2027
Table 8: C&I (End-Use) Historic Demand Patterns in US$ Million
by Region/Country: 2012-2019
Table 9: C&I (End-Use) Market Share Shift across Key
Geographies: 2012 VS 2020 VS 2027
Table 10: Residential (End-Use) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027
Table 11: Residential (End-Use) Retrospective Demand Analysis
in US$ Million by Region/Country: 2012-2019
Table 12: Residential (End-Use) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Solar PV Systems Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 13: United States Solar PV Systems Latent Demand
Forecasts in US$ Million by End-Use: 2020 to 2027
Table 14: Solar PV Systems Historic Demand Patterns in the
United States by End-Use in US$ Million for 2012-2019
Table 15: Solar PV Systems Market Share Breakdown in the United
States by End-Use: 2012 VS 2020 VS 2027
CANADA
Table 16: Canadian Solar PV Systems Market Quantitative Demand
Analysis in US$ Million by End-Use: 2020 to 2027
Table 17: Solar PV Systems Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2012-2019
Table 18: Canadian Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
JAPAN
Table 19: Japanese Demand Estimates and Forecasts for Solar PV
Systems in US$ Million by End-Use: 2020 to 2027
Table 20: Japanese Solar PV Systems Market in US$ Million by
End-Use: 2012-2019
Table 21: Solar PV Systems Market Share Shift in Japan by
End-Use: 2012 VS 2020 VS 2027
CHINA
Table 22: Chinese Demand for Solar PV Systems in US$ Million by
End-Use: 2020 to 2027
Table 23: Solar PV Systems Market Review in China in US$
Million by End-Use: 2012-2019
Table 24: Chinese Solar PV Systems Market Share Breakdown by
End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Solar PV Systems Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 25: European Solar PV Systems Market Demand Scenario in
US$ Million by Region/Country: 2020-2027
Table 26: Solar PV Systems Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019
Table 27: European Solar PV Systems Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 28: European Solar PV Systems Addressable Market
Opportunity in US$ Million by End-Use: 2020-2027
Table 29: Solar PV Systems Market in Europe: Summarization of
Historic Demand in US$ Million by End-Use for the Period
2012-2019
Table 30: European Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
FRANCE
Table 31: Solar PV Systems Quantitative Demand Analysis in
France in US$ Million by End-Use: 2020-2027
Table 32: French Solar PV Systems Historic Market Review in US$
Million by End-Use: 2012-2019
Table 33: French Solar PV Systems Market Share Analysis:
A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
Table 34: Solar PV Systems Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by End-Use for the
Period 2020-2027
Table 35: German Solar PV Systems Market in Retrospect in US$
Million by End-Use: 2012-2019
Table 36: Solar PV Systems Market Share Distribution in Germany
by End-Use: 2012 VS 2020 VS 2027
ITALY
Table 37: Italian Demand for Solar PV Systems in US$ Million by
End-Use: 2020 to 2027
Table 38: Solar PV Systems Market Review in Italy in US$
Million by End-Use: 2012-2019
Table 39: Italian Solar PV Systems Market Share Breakdown by
End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 40: United Kingdom Demand Estimates and Forecasts for
Solar PV Systems in US$ Million by End-Use: 2020 to 2027
Table 41: United Kingdom Solar PV Systems Market in US$ Million
by End-Use: 2012-2019
Table 42: Solar PV Systems Market Share Shift in the United
Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
Table 43: Spanish Solar PV Systems Market Quantitative Demand
Analysis in US$ Million by End-Use: 2020 to 2027
Table 44: Solar PV Systems Market in Spain: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2012-2019
Table 45: Spanish Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
RUSSIA
Table 46: Russian Solar PV Systems Latent Demand Forecasts in
US$ Million by End-Use: 2020 to 2027
Table 47: Solar PV Systems Historic Demand Patterns in Russia
by End-Use in US$ Million for 2012-2019
Table 48: Solar PV Systems Market Share Breakdown in Russia by
End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 49: Rest of Europe Solar PV Systems Addressable Market
Opportunity in US$ Million by End-Use: 2020-2027
Table 50: Solar PV Systems Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by End-Use for
the Period 2012-2019
Table 51: Rest of Europe Solar PV Systems Market Share Analysis
by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 52: Asia-Pacific Solar PV Systems Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 53: Solar PV Systems Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2012-2019
Table 54: Asia-Pacific Solar PV Systems Market Share Analysis
by Region/Country: 2012 VS 2020 VS 2027
Table 55: Solar PV Systems Quantitative Demand Analysis in
Asia-Pacific in US$ Million by End-Use: 2020-2027
Table 56: Asia-Pacific Solar PV Systems Historic Market Review
in US$ Million by End-Use: 2012-2019
Table 57: Asia-Pacific Solar PV Systems Market Share Analysis:
A 17-Year Perspective by End-Use for 2012, 2020, and 2027
AUSTRALIA
Table 58: Solar PV Systems Market in Australia: Annual Sales
Estimates and Forecasts in US$ Million by End-Use for the
Period 2020-2027
Table 59: Australian Solar PV Systems Market in Retrospect in
US$ Million by End-Use: 2012-2019
Table 60: Solar PV Systems Market Share Distribution in
Australia by End-Use: 2012 VS 2020 VS 2027
INDIA
Table 61: Indian Solar PV Systems Market Quantitative Demand
Analysis in US$ Million by End-Use: 2020 to 2027
Table 62: Solar PV Systems Market in India: Summarization of
Historic Demand Patterns in US$ Million by End-Use for
2012-2019
Table 63: Indian Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
Table 64: Solar PV Systems Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by End-Use for the
Period 2020-2027
Table 65: South Korean Solar PV Systems Historic Market
Analysis in US$ Million by End-Use: 2012-2019
Table 66: Solar PV Systems Market Share Distribution in South
Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 67: Rest of Asia-Pacific Demand Estimates and Forecasts
for Solar PV Systems in US$ Million by End-Use: 2020 to 2027
Table 68: Rest of Asia-Pacific Solar PV Systems Market in US$
Million by End-Use: 2012-2019
Table 69: Solar PV Systems Market Share Shift in Rest of
Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 70: Latin American Solar PV Systems Market Trends by
Region/Country in US$ Million: 2020-2027
Table 71: Solar PV Systems Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2012-2019
Table 72: Latin American Solar PV Systems Market Percentage
Breakdown of Sales by Region/Country: 2012, 2020, and 2027
Table 73: Latin American Demand for Solar PV Systems in US$
Million by End-Use: 2020 to 2027
Table 74: Solar PV Systems Market Review in Latin America in
US$ Million by End-Use: 2012-2019
Table 75: Latin American Solar PV Systems Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
Table 76: Argentinean Solar PV Systems Addressable Market
Opportunity in US$ Million by End-Use: 2020-2027
Table 77: Solar PV Systems Market in Argentina: Summarization
of Historic Demand in US$ Million by End-Use for the Period
2012-2019
Table 78: Argentinean Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
BRAZIL
Table 79: Solar PV Systems Quantitative Demand Analysis in
Brazil in US$ Million by End-Use: 2020-2027
Table 80: Brazilian Solar PV Systems Historic Market Review in
US$ Million by End-Use: 2012-2019
Table 81: Brazilian Solar PV Systems Market Share Analysis:
A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
Table 82: Solar PV Systems Market in Mexico: Annual Sales
Estimates and Forecasts in US$ Million by End-Use for the
Period 2020-2027
Table 83: Mexican Solar PV Systems Market in Retrospect in US$
Million by End-Use: 2012-2019
Table 84: Solar PV Systems Market Share Distribution in Mexico
by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 85: Rest of Latin America Solar PV Systems Latent Demand
Forecasts in US$ Million by End-Use: 2020 to 2027
Table 86: Solar PV Systems Historic Demand Patterns in Rest of
Latin America by End-Use in US$ Million for 2012-2019
Table 87: Solar PV Systems Market Share Breakdown in Rest of
Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 88: The Middle East Solar PV Systems Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 89: Solar PV Systems Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 90: The Middle East Solar PV Systems Market Share
Breakdown by Region/Country: 2012, 2020, and 2027
Table 91: The Middle East Solar PV Systems Market Quantitative
Demand Analysis in US$ Million by End-Use: 2020 to 2027
Table 92: Solar PV Systems Market in the Middle East:
Summarization of Historic Demand Patterns in US$ Million by
End-Use for 2012-2019
Table 93: The Middle East Solar PV Systems Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
IRAN
Table 94: Iranian Demand Estimates and Forecasts for Solar PV
Systems in US$ Million by End-Use: 2020 to 2027
Table 95: Iranian Solar PV Systems Market in US$ Million by
End-Use: 2012-2019
Table 96: Solar PV Systems Market Share Shift in Iran by
End-Use: 2012 VS 2020 VS 2027
ISRAEL
Table 97: Israeli Solar PV Systems Addressable Market
Opportunity in US$ Million by End-Use: 2020-2027
Table 98: Solar PV Systems Market in Israel: Summarization of
Historic Demand in US$ Million by End-Use for the Period
2012-2019
Table 99: Israeli Solar PV Systems Market Share Analysis by
End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 100: Saudi Arabian Demand for Solar PV Systems in US$
Million by End-Use: 2020 to 2027
Table 101: Solar PV Systems Market Review in Saudi Arabia in
US$ Million by End-Use: 2012-2019
Table 102: Saudi Arabian Solar PV Systems Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
Table 103: Solar PV Systems Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
End-Use for the Period 2020-2027
Table 104: United Arab Emirates Solar PV Systems Historic
Market Analysis in US$ Million by End-Use: 2012-2019
Table 105: Solar PV Systems Market Share Distribution in United
Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 106: Solar PV Systems Market in Rest of Middle East:
Annual Sales Estimates and Forecasts in US$ Million by End-Use
for the Period 2020-2027
Table 107: Rest of Middle East Solar PV Systems Market in
Retrospect in US$ Million by End-Use: 2012-2019
Table 108: Solar PV Systems Market Share Distribution in Rest
of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
Table 109: African Solar PV Systems Latent Demand Forecasts in
US$ Million by End-Use: 2020 to 2027
Table 110: Solar PV Systems Historic Demand Patterns in Africa
by End-Use in US$ Million for 2012-2019
Table 111: Solar PV Systems Market Share Breakdown in Africa by
End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 38
Read the full report: https://www.reportlinker.com/p05960147/?utm_source=GNW
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