The Business Research Company’s Photovoltaic Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Photovoltaic Global Market Report 2023 evaluates photovoltaic market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global photovoltaic market size is expected to grow from $82.75 billion in 2022 to $91.06 billion in 2023 at a compound annual growth rate (CAGR) of 10%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global photovoltaic market size is expected to reach $127.80 billion in 2027 at a CAGR of 8.8%.
The photovoltaic market segments in the report are:
Photovoltaic Market By Component :
Modules
Inverters
Balance Of Systems (BOS)
Photovoltaic Market By Cell Type :
Full-Cell PV Modules
Half-Cell PV Modules
Photovoltaic Market By Installation Type :
Ground-Mounted
Building-Integrated Photovoltaics (BIPV)
Floating PV
Photovoltaic Market By Technology :
Thin Film
Mono-Si
Multi-Si
Photovoltaic Market By Application :
Residential
Commercial And Industrial
Utilities
Top Major Players
inkoSolar
JA Solar Technology Co. Ltd.
Trina Solar Co. Ltd.
LONGi Green Energy Technology Co. Ltd.
Canadian Solar Inc.
Asia-Pacific was the largest region in the Photovoltaic market in 2022.
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The table of contents in TBRC’s photovoltaic market report includes:
1. Executive Summary
2. Photovoltaic Market Characteristics
3. Photovoltaic Market Trends And Strategies
4. Photovoltaic Market - Macro Economic Scenario
5. Photovoltaic Market Size And Growth
......................
26. Africa Photovoltaic Market
27. Photovoltaic Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Photovoltaic Market
29. Photovoltaic Market Future Outlook and Potential Analysis
30. Appendix
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