Solar Electric Power Generation Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_0042340
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Market Snapshot

CAGR:8.57
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 8.57
Energy & Power-companies
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Report Overview

Report Scope:

This research report categorizes the solar electric power generation market by type. Product types include residential, commercial and industrial.

Report Includes:

- 96 tables
- A comprehensive overview and industry analysis of solar electric power generation markets
- Country specific data and analysis for France, Germany, Italy, Spain, UK, China, India, Japan, US, Canada, Mexico, Middle East and Africa
- Characterization and quantification of market potential for solar electric power generation by energy type, application area, end use industry and geographical region
- Detailed descriptions of opportunity analysis; and current trends, with a focus on solar electricity and emerging technologies along with cohesive government policies for solar power generation
- Patent analysis in the field of solar electric power generation with most recent innovations listed
- Company profiles of the major players of the solar electric power generation market, including State Power Investment Corp. (SPIC), Enel SpA, Exelon Corp., Dominion Energy, Inc., and Engie S.A

Summary

The solar electric power generation market growth outlook is stable with significant growth potential for electricity from residential customers. There is mounting pressure to reduce costs, improve power supply and improve efficiency of solar generation. At the same time, factors such as emerging market growth, rapid urbanization and industrialization are contributing to the growth of the market.

The solar electric power generation market reached a value of nearly $REDACTED billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2023.

The market for solar electric power generation is fragmented. Major players in the market are State Power Investment Corp. (SPIC), Enel SpA, Exelon Corp., Dominion Energy, Inc., and Engie S.A. The residential segment accounted for the largest share of the solar electric power generation market in 2018 at $REDACTED billion. The highest growth is projected to come from the residential segment, which isforecast to grow at a CAGR of REDACTED%. Major factors for this growth include rapid increase in populationin many countries in Asia and the Middle East, and urbanization in emerging markets.

Asia Pacific was the largest region in the solar electric power generation market, accounting for REDACTED% ofthe global market. It was followed by Western Europe and North America. Going forward, the MiddleEast is expected to witness the fastest growth in the solar electric power generation market, estimatedat grow at a CAGR of REDACTED%, followed by South America which is expected to grow at a CAGR of REDACTED%.

Japan was the largest country in terms of value in the solar electric power generation market. Russia and India are forecast to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively.

The market is challenged by restraints such as low efficiency of solar panels, land scarcity and increasing trade protectionism.
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Country Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Solar Electric Power Generation Market Overview
Solar Electric Power Generation Market Characteristics
Residential
Industrial
Commercial
Value Chain
Note on the Data
Solar Electric Power Generation Market Size and Growth
Historic Market Growth
Forecast Market Growth
Global Solar Electric Power Generation Market, by Segment
Global Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023,
Solar Electric Power Generation Market Trends and Strategies
Solar Power Tower (SPT)
Robotic Self-Cleaning System
Solar Tracking Sensors
Chapter 4 PESTEL Analysis
Political
Economic
Social
Technological
Environmental
Legal
Chapter 5 Solar Electric Power Generation Market Customer Information
Majority of British Public Want to Install Solar Panels
Need to Expand Solar Energy Sector in India
The US Homeowners Are Installing Solar Panels to Save Money
Chapter 6 Global Solar Electric Power Generation Market Comparison with Macro Economic Factors
Global Per Capita Average Solar Electric Power Generation Market Expenditure
Per Capita Average Solar Electric Power Generation Market Expenditure, by Country
Global Solar Electric Power Generation Market Size, Percentage of GDP
Global Solar Electric Power Generation Market Size, Percentage of GDP, by Country
Chapter 7 Solar Electric Power Generation Market Regional and Country Analysis
Global Solar Electric Power Generation Market, by Region, 2018
Global Solar Electric Power Generation Historic and Forecast Market, by Region, 2014-2023
Global Solar Electric Power Generation Market Segmentation, by Region, 2018
Global Solar Electric Power Generation Market, by Country, 2018
Global Solar Electric Power Generation Historic and Forecast Market, by Country, 2014-2023.
Global Solar Electric Power Generation Market Segmentation, by Country, 2018,
Chapter 8 Asia-Pacific Solar Electric Power Generation Market
Asia-Pacific Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Corporate Tax Structure
Major Companies
Asia-Pacific Solar Electric Power Generation Historic Market, 2014-2018
Asia-Pacific Solar Electric Power Generation Forecast Market, 2018-2023.
Asia-Pacific Solar Electric Power Generation Market, by Segment
Asia-Pacific Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023.
Asia-Pacific Solar Electric Power Generation Market: Country Analysis
China Solar Electric Power Generation Market
India Solar Electric Power Generation Market
Japan Solar Electric Power Generation Market
Australia Solar Electric Power Generation Market
Chapter 9 Western Europe Solar Electric Power Generation Market
Western Europe Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Corporate Tax Structure
Major Companies
Western Europe Solar Electric Power Generation Historic Market, 2014-2018
Western Europe Solar Electric Power Generation Forecast Market, 2018-2023
Western Europe Market Size, by Segment
Western Europe Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023
Western Europe Solar Electric Power Generation Market: Country Analysis
UK Solar Electric Power Generation Market
Germany Solar Electric Power Generation Market
France Solar Electric Power Generation Market
Italy Solar Electric Power Generation Market
Spain Solar Electric Power Generation Market
Chapter 10 Eastern Europe Solar Electric Power Generation Market
Eastern Europe Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Corporate Tax Structure
Major Companies
Eastern Europe Solar Electric Power Generation Historic Market, 2014-2018
Eastern Europe Solar Electric Power Generation Forecast Market, 2018-2023
Eastern Europe Market Size, by Segment
Eastern Europe Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023
Eastern Europe Solar Electric Power Generation Market: Country Analysis
Russia Solar Electric Power Generation Market
Chapter 11 North America Solar Electric Power Generation Market
North America Solar Electric Power Generation Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Corporate Tax Structure
Major Companies
North America Solar Electric Power Generation Historic Market, 2014-2018
North America Solar Electric Power Generation Forecast Market, 2018-2023
North America Market Size, by Segment
North America Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023
North America Solar Electric Power Generation Market: Country Analysis
USA Solar Electric Power Generation Market
Chapter 12 South America Solar Electric Power Generation Market
South America Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Corporate Tax Structure
Major Companies
South America Solar Electric Power Generation Historic Market, 2014-2018
South America Solar Electric Power Generation Forecast Market, 2018-2023
South America Market Size, by Segment
South America Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023
South America Solar Electric Power Generation Market: Country Analysis
Brazil Solar Electric Power Generation Market
Chapter 13 Middle East Solar Electric Power Generation Market
Middle East Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Major Companies
Middle East Solar Electric Power Generation Historic Market, 2014-2018
Middle East Solar Electric Power Generation Forecast Market, 2018-2023
Middle East Market Size, by Segment
Middle East Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023
Chapter 14 Africa Solar Electric Power Generation Market
Africa Solar Electric Power Generation Market Overview
Region Information
Market Information
Background Information
Investments in Solar Electric Power Generation Market
Regulations
Regulatory Bodies
Major Associations
Tax Levied
Major Companies
Africa Solar Electric Power Generation Historic Market, 2014-2018
Africa Solar Electric Power Generation Forecast Market, 2018-2023
Africa Market Size, by Segment
Africa Solar Electric Power Generation Historic and Forecast Market, by Segment, 2014-2023,
Chapter 15 Solar Electric Power Generation Market Competitive Landscape
Company Profiles
DOMINION ENERGY, INC.
ENEL SPA
ENGIE SA
EXELON CORP.
STATE POWER INVESTMENT CORP. LTD.
Chapter 16 Key Mergers and Acquisitions in the Solar Electric Power Generation Market
E.ON Acquired Innogy SE
Global Infrastructure Partners Acquired Equis Energy
PTT Public Company Ltd. Acquired Glow Energy PCL
Tata Power Co. Ltd. Acquired Welspun Renewables Energy Pvt. Ltd.
Greenko Group Acquired Orange Group
Chapter 17 Appendix
NAICS Definitions of Industry Covered in This Report
Research Methodology
Chapter 18 References

List of Tables
Summary Table : Global Solar Electric Power Generation Market, Through 2023
Table 1 : Global Solar Electric Power Generation Historic Market, Through 2018
Table 2 : Global Solar Electric Power Generation Market, Through 2023
Table 3 : Global Solar Electric Power Generation Market, by Segment, 2018
Table 4 : Global Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, Through 2023
Table 5 : Global Per Capita Average Solar Electric Power Generation Market Expenditure, 2014-2023
Table 6 : Per Capita Average Solar Electric Power Generation Market Expenditure, by Country, 2018
Table 7 : Global Solar Electric Power Generation Market Value, Market Size as A Percentage of Global GDP, 2014-2023
Table 8 : Global Solar Electric Power Generation Market Size, Percentage of GDP, by Country
Table 9 : Global Solar Electric Power Generation Market, by Region, 2018
Table 10 : Global Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Region, Through 2023
Table 11 : Global Solar Electric Power Generation Market, by Region, 2018
Table 12 : Global Solar Electric Power Generation Market, by Country, 2018
Table 13 : Global Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Country, 2014-2023
Table 14 : Global Solar Electric Power Generation Market, by Country, 2018
Table 15 : Asia-Pacific-Solar Electric Power Generation Historic Market, Through 2018
Table 16 : Asia-Pacific Solar Electric Power Generation Market, Through 2023
Table 17 : Asia-Pacific Solar Electric Power Generation Market, by Segment, 2018
Table 18 : Asia-Pacific Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 19 : China Solar Electric Power Generation Historic Market, Through 2018
Table 20 : China Solar Electric Power Generation Market, Through 2023
Table 21 : China Solar Electric Power Generation Market, by Segment, 2018
Table 22 : Table 22 China Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 23 : India Solar Electric Power Generation Historic Market, Through 2018
Table 24 : India Solar Electric Power Generation Market, Through 2023
Table 25 : India Solar Electric Power Generation Market, by Segment, 2018
Table 26 : India Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 27 : Japan Solar Electric Power Generation Historic Market, Through 2018
Table 28 : Japan Solar Electric Power Generation Market, Through 2023
Table 29 : Japan Solar Electric Power Generation Market, by Segment, 2018
Table 30 : Japan Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 31 : Australia Solar Electric Power Generation Historic Market, Through 2018
Table 32 : Australia Solar Electric Power Generation Market, Through 2023
Table 33 : Australia Solar Electric Power Generation Market, by Segment, 2018
Table 34 : Australia Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 35 : Western Europe Solar Electric Power Generation Historic Market, Through 2018
Table 36 : Western Europe Solar Electric Power Generation Market, Through 2023
Table 37 : Western Europe Solar Electric Power Generation Market, by Segment, 2018
Table 38 : Western Europe Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, Through 2023
Table 39 : UK Solar Electric Power Generation Historic Market, Through 2018
Table 40 : UK Solar Electric Power Generation Market, Through 2023
Table 41 : UK Solar Electric Power Generation Market, by Segment, 2018
Table 42 : UK Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 43 : Germany Solar Electric Power Generation Historic Market, Through 2018
Table 44 : Germany Solar Electric Power Generation Market, Through 2023
Table 45 : Germany Solar Electric Power Generation Market, by Segment, 2018
Table 46 : Germany Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 47 : France Solar Electric Power Generation Historic Market, Through 2018
Table 48 : France Solar Electric Power Generation Market, Through 2023
Table 49 : France Solar Electric Power Generation Market, by Segment, 2018
Table 50 : France Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 51 : Italy Solar Electric Power Generation Historic Market, Through 2018
Table 52 : Italy Solar Electric Power Generation Market, Through 2023
Table 53 : Italy Solar Electric Power Generation Market, by Segment, 2018
Table 54 : Italy Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 55 : Spain Solar Electric Power Generation Historic Market, Through 2018
Table 56 : Spain Solar Electric Power Generation Market, 2018-2023
Table 57 : Spain Solar Electric Power Generation Market, by Segment, 2018
Table 58 : Spain Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 59 : Eastern Europe Solar Electric Power Generation Historic Market, Through 2018
Table 60 : Eastern Europe Solar Electric Power Generation Market, Through 2023
Table 61 : Eastern Europe Solar Electric Power Generation Market, by Segment, 2018
Table 62 : Eastern Europe Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 63 : Russia Solar Electric Power Generation Historic Market, Through 2018
Table 64 : Russia Solar Electric Power Generation Market, Through 2023
Table 65 : Russia Solar Electric Power Generation Market, by Segment, 2018
Table 66 : Russia Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 67 : North America Solar Electric Power Generation Historic Market, Through 2018
Table 68 : North America Solar Electric Power Generation Market, Through 2023
Table 69 : North America Solar Electric Power Generation Market, by Segment, 2018
Table 70 : North America Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 71 : USA Solar Electric Power Generation Historic Market, Through 2018
Table 72 : USA Solar Electric Power Generation Market, Through 2023
Table 73 : USA Solar Electric Power Generation Market, by Segment, 2018
Table 74 : USA Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, Through 2023
Table 75 : South America Solar Electric Power Generation Historic Market, Through 2018
Table 76 : South America Solar Electric Power Generation Market, Through 2023
Table 77 : South America Solar Electric Power Generation Market, by Segment, 2018
Table 78 : South America Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, Through 2023
Table 79 : Brazil Solar Electric Power Generation Historic Market, Through 2018
Table 80 : Brazil Solar Electric Power Generation Market, Through 2023
Table 81 : Brazil Solar Electric Power Generation Market, by Segment, 2018
Table 82 : Brazil Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 83 : Middle East Solar Electric Power Generation Historic Market, Through 2018
Table 84 : Middle East Solar Electric Power Generation Market, Through 2023
Table 85 : Middle East Solar Electric Power Generation Market, by Segment, 2018
Table 86 : Middle East Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 87 : Africa Solar Electric Power Generation Historic Market, 2014-2018
Table 88 : Africa Solar Electric Power Generation Market, Through 2023
Table 89 : Africa Solar Electric Power Generation Market, by Segment, 2018
Table 90 : Africa Solar Electric Power Generation Historic and Forecast Growth Rate Market, by Segment, 2014-2023
Table 91 : Global Market Shares for Key Competitors of Solar Electric Power Generation Market, 2017
Table 92 : Dominion Energy, Inc.: Financial Performance, 2014-2017
Table 93 : Enel SpA: Financial Performance, 2013-2017
Table 94 : Engie S.A.: Financial Performance, 2014-2017
Table 95 : Exelon Corp.: Financial Performance, 2013 - 2017
Table 96 : Market Data Sources

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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