太陽光発電所の世界市場の評価：タイプ別、グリッドタイプ別、用途別、地域別、機会、予測（2017年～2031年）

世界の太陽光発電所の市場規模は、2023年の1,053億5,000万米ドルから2031年に3,334億2,000万米ドルに達すると予測され、2024年～2031年の予測期間にCAGRで15.49%の成長が見込まれます。市場は近年著しい成長を示しています。農業部門、航空宇宙・防衛部門、工業部門などの拡大により、今後数年間も力強い拡大ペースを維持すると予測されています。太陽光発電プラントとして知られる太陽光発電所は、二酸化炭素を排出せず環境破壊を回避するため、世界の太陽光発電所市場の成長が促進されています。化石燃料の悪影響に関する意識の高まり、化石燃料の価格の上昇、有利な政府政策が、予測期間における世界の太陽光発電所市場の需要を促進しています。また、政府は再生可能エネルギー部門に多額の投資を行い、さまざまな政策を通じて国内メーカーを支援しているため、市場企業に市場成長機会がもたらされています。再生可能エネルギー部門は、2014年～2021年にインドで累計80億米ドルの直接投資を受けています。

太陽エネルギー技術の進歩が世界市場の成長を支えています。太陽光発電所の技術革新は、コスト削減につながることから、主なエネルギー源へと発展しています。さらに、太陽光発電所はどのような気候でも発電でき、メンテナンスコストが低く、電気代を削減でき、二酸化炭素排出を削減でき、住宅価値を向上させることが、予測期間における世界市場の成長促進要因となっています。さらに、世界市場の主要参入企業は受注を獲得し、収益を伸ばしています。

例えば2024年5月、Vikram Solar Limitedは、グジャラート州Khavda近郊の再生可能エネルギーパークに設置する250MWモジュールの供給をGujarat Industries Power Company Ltd.から受注したと発表しました。

大幅な技術の進歩が市場需要を促進

太陽光発電所の技術の進歩は、より大きな発電量と効率の向上をもたらしました。設計の革新により、さまざまな表面から反射する太陽光を利用して効率的に発電することが可能になっています。両面受光型太陽電池パネル技術の進歩は、コスト削減、効率向上、クリーンエネルギー、環境上の利益に役立つため、世界の太陽光発電所市場における市場シェアの拡大に寄与しています。製造技術と原材料の継続的な進歩は、拡散からエネルギーを生成し、低照度や曇りがちな条件の場所に適したものにすることができます。軽量でフレキシブルなソーラーパネルの開発により、再生可能エネルギーの利用が変化し、その取り入れが日々改革されています。これらの要因は、世界の太陽光発電所市場の需要を促進し、予測期間に市場企業に新たな市場成長の機会を創出します。また、市場の主要企業は、クリーンエネルギーソリューションに対する需要の高まりに対応するために、互いに契約を結んでいます。

例えば2024年4月、Waaree Energies LimitedはGujarat Industries Power Company Limitedと、Vill. Khavda近郊の2,375MW RE Parkに先進の両面受光技術を統合した太陽光発電モジュールを提供する契約を締結しました。

電力需要の高まりが市場成長を促進

新興諸国では、経済発展や製造部門の活況、人口増加により電力消費が大幅に増加しており、これが世界の太陽光発電所市場の成長をさらに後押ししています。発展途上国における拡大やインフラ開発、人々の生活水準の変化は、電力需要の急増を示しています。世界の電力需要の増加に伴い、各国は既存の施設を拡張したり、新しい発電所を建設したりして発電能力を向上させています。世界各国の政府は厳しい二酸化炭素排出規制を実施しており、その結果、再生可能エネルギー部門、特に太陽光発電所への注目が高まっています。この変化は、予測期間の市場成長を加速させる見込みです。

当レポートでは、世界の太陽光発電所市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢と見通しなどを提供しています。

目次

第1章 調査手法

第2章 プロジェクトの範囲と定義

第3章 エグゼクティブサマリー

第4章 顧客の声

• 製品と市場情報
• ブランド認知の方式
• 設置決定において考慮される要素
• 安全規制の検討

第5章 世界の太陽光発電所市場の見通し（2017年～2031年）

• 市場規模と予測
  • 金額
• タイプ別
  • 陸上太陽光発電プラント
  • 屋上太陽光発電プラント
  • ファサード太陽光発電プラント
  • その他
• グリッドタイプ別
  • オングリッド
  • オフグリッド
  • ハイブリッド
• 用途別
  • 住宅
  • 商業
• 地域別
  • 北米
  • 欧州
  • アジア太平洋
  • 南米
  • 中東・アフリカ
• 市場シェア：企業別（2023年）

第6章 世界の太陽光発電所市場の見通し：地域別（2017年～2031年）

• 北米
  • 市場規模と予測
  • タイプ別
  • グリッドタイプ別
  • 用途別
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • フランス
  • イタリア
  • 英国
  • ロシア
  • オランダ
  • スペイン
  • トルコ
  • ポーランド
• アジア太平洋
  • インド
  • 中国
  • 日本
  • オーストラリア
  • ベトナム
  • 韓国
  • インドネシア
  • フィリピン
• 南米
  • ブラジル
  • アルゼンチン
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • 南アフリカ

第7章 市場マッピング（2023年）

• タイプ別
• グリッドタイプ別
• 用途別
• 地域別

第8章 マクロ環境と産業構造

• 需給分析
• 輸入輸出分析
• バリューチェーン分析
• PESTEL分析
• ポーターのファイブフォース分析

第9章 市場力学

• 成長促進要因
• 成長抑制要因（課題、抑制要因）

第10章 主要企業の情勢

• マーケットリーダー上位5社の競合マトリクス
• マーケットリーダー上位5社の市場収益の分析（2023年）
• 合併と買収/合弁事業（該当する場合）
• SWOT分析（市場企業5社）
• 特許分析（該当する場合）

第11章 価格分析

第12章 ケーススタディ

第13章 主要企業の見通し

• Vikram Solar Limited
• Waaree Energies Limited
• Schneider Electric SE
• Adani Enterprise Limited
• First Solar, Inc.
• Tata Power Company Limited
• JinkoSolar Holding Co., Ltd
• NextEra Energy, Inc.
• JA Solar Holdings
• SolarEdge Technologies, Inc.
• Cleantech Energy Corporation Pte Ltd

第14章 戦略的推奨

第15章 当社について、免責事項

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 Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 2. Global Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 3. Global Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 4. Global Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 5. Global Photovoltaic Power Station Market Share (%), By Region, 2017-2031F
• Figure 6. North America Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 7. North America Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 8. North America Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 9. North America Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 10. North America Photovoltaic Power Station Market Share (%), By Country, 2017-2031F
• Figure 11. United States Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 12. United States Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 13. United States Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 14. United States Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 15. Canada Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 16. Canada Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 17. Canada Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 18. Canada Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 19. Mexico Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 20. Mexico Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 21. Mexico Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 22. Mexico Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 23. Europe Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 24. Europe Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 25. Europe Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 26. Europe Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 27. Europe Photovoltaic Power Station Market Share (%), By Country, 2017-2031F
• Figure 28. Germany Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 29. Germany Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 30. Germany Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 31. Germany Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 32. France Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 33. France Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 34. France Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 35. France Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 36. Italy Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 37. Italy Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 38. Italy Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 39. Italy Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 40. United Kingdom Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 41. United Kingdom Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 42. United Kingdom Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 43. United Kingdom Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 44. Russia Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 45. Russia Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 46. Russia Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 47. Russia Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 48. Netherlands Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 49. Netherlands Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 50. Netherlands Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 51. Netherlands Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 52. Spain Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 53. Spain Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 54. Spain Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 55. Spain Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 56. Turkey Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 57. Turkey Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 58. Turkey Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 59. Turkey Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 60. Poland Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 61. Poland Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 62. Poland Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 63. Poland Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 64. South America Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 65. South America Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 66. South America Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 67. South America Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 68. South America Photovoltaic Power Station Market Share (%), By Country, 2017-2031F
• Figure 69. Brazil Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 70. Brazil Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 71. Brazil Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 72. Brazil Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 73. Argentina Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 74. Argentina Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 75. Argentina Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 76. Argentina Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 77. Asia-Pacific Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 78. Asia-Pacific Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 79. Asia-Pacific Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 80. Asia-Pacific Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 81. Asia-Pacific Photovoltaic Power Station Market Share (%), By Country, 2017-2031F
• Figure 82. India Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 83. India Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 84. India Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 85. India Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 86. China Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 87. China Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 88. China Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 89. China Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 90. Japan Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 91. Japan Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 92. Japan Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 93. Japan Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 94. Australia Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 95. Australia Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 96. Australia Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 97. Australia Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 98. Vietnam Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 99. Vietnam Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 100. Vietnam Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 101. Vietnam Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 102. South Korea Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 103. South Korea Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 104. South Korea Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 105. South Korea Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 106. Indonesia Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 107. Indonesia Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 108. Indonesia Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 109. Indonesia Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 110. Philippines Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 111. Philippines Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 112. Philippines Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 113. Philippines Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 114. Middle East & Africa Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 115. Middle East & Africa Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 116. Middle East & Africa Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 117. Middle East & Africa Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 118. Middle East & Africa Photovoltaic Power Station Market Share (%), By Country, 2017-2031F
• Figure 119. Saudi Arabia Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 120. Saudi Arabia Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 121. Saudi Arabia Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 122. Saudi Arabia Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 123. UAE Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 124. UAE Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 125. UAE Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 126. UAE Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 127. South Africa Photovoltaic Power Station Market, By Value, In USD Billion, 2017-2031F
• Figure 128. South Africa Photovoltaic Power Station Market Share (%), By Type, 2017-2031F
• Figure 129. South Africa Photovoltaic Power Station Market Share (%), By Grid Type, 2017-2031F
• Figure 130. South Africa Photovoltaic Power Station Market Share (%), By Application, 2017-2031F
• Figure 131. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
• Figure 132. By Grid Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
• Figure 133. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
• Figure 134. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023

Global photovoltaic power station market is projected to observe a CAGR of 15.49% during the forecast period 2024-2031, growing from USD 105.35 billion in 2023 to USD 333.42 billion in 2031. The market has witnessed significant growth in recent years. It is projected to maintain a strong pace of expansion during the coming years due to the expansion of the agricultural sector, aerospace and defense sector, industrial sector, and others. Photovoltaic power stations, better known as solar power plants, produce no carbon emissions and avoid environmental damage, propelling the global photovoltaic power station market growth. An increase in awareness concerning the negative impact of fossil fuels, rising prices of fossil fuels, and favorable government policies are fostering the global photovoltaic power station market demand in the forecast period. Also, the government is investing significantly in the renewable sector and supporting domestic manufacturers through different policy measures, creating market growth opportunities for market players. The renewable sector has received a cumulative FDI of USD 8 billion in India from 2014 through 2021.

Advancements in solar energy technologies have supported the global market growth. Innovations in photovoltaic power stations have evolved into a major source of energy as it results in cost savings. In addition, solar power stations can produce power in any climate, have low maintenance costs, can reduce electricity bills, reduce carbon emissions, and improve home value are a few drivers driving the global photovoltaic power stations market growth in the forecast period. Furthermore, key participants in the global market are receiving orders, which increases their revenue.

For instance, in May 2024, Vikram Solar Limited announced that it had received a supply order of 250 MW modules from Gujarat Industries Power Company Ltd. to be installed at a renewable energy park near Khavda, Gujarat.

Significant Technological Advancements Drive Market Demand

The technological advancement in solar power plants resulted in greater electricity production and improved efficiency. Innovations in the designs enable them to use reflected sunlight from different surfaces to produce electricity effectively. The advancement in bifacial solar panel technology has contributed to their increasing market share in the global photovoltaic power stations market as it is helpful in cost reduction, improved efficiency, clean energy, and environmental benefits. The continuous advancement in manufacturing techniques and raw materials can produce energy from diffuse and make them appropriate for locations with low-light and cloudy conditions. The development of lightweight and flexible solar panels has transformed the usage of renewable energy and reformed its incorporation daily. These factors drive the global photovoltaic power stations market demand and creating new market growth opportunities for market players in the forecast period. In addition, key companies in the market are contracting with each other to address the rising demand for clean energy solutions.

For instance, in April 2024, Waaree Energies Limited signed a contract with Gujarat Industries Power Company Limited to provide solar PV modules integrating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, Gujarat.

Growing Requirement for Electricity Propels Market Growth

In emerging countries, the rate of power consumption is rising significantly due to economic development, boasting manufacturing sector, and an increase in population, which further propels the growth of the global photovoltaic power stations market. Expansion and infrastructure development and change in the living standards of individuals in developing countries are observing a surge in electricity demand. As the demand for electricity increases globally, different countries are improving their power generation capacity by either expanding prevailing facilities or constructing new plants. Governments globally have implemented strict carbon emission regulations, resulting in an increasing emphasis on the renewable energy sector, especially photovoltaic power stations. This shift is projected to accelerate market growth in the forecast period.

For instance, in September 2022, the Government of India approved the Ministry of New & Renewable Energy's proposal to implement the Production Linked Incentive Scheme on the 'National Programme on High-Efficiency Solar PV Modules' to accomplish a GW-scale capacity in High-Efficiency Solar PV modules with an expenditure of USD 23.3 million. Government Regulations and Favorable Regulatory Reforms Push Market Growth

The rising environmental awareness concerning greenhouse gas emissions and carbon emissions, coupled with global warming, has led to a significant increase in the demand for photovoltaic power stations. This surge in demand is a clear indication of the global need for sustainable energy resources. The growth of the global market is further bolstered by the rising installation of solar panels, a trend driven by the provision of government incentives and tax rebates. These incentives, along with favorable government measures, have fostered market growth. The government measures, which aim at decreasing dependency on fossil fuels and controlling environmental pollution, are a testament to the urgency and importance of the market growth. Furthermore, the regulations for decreasing the carbon footprint and the increasing demand for cost-effective energy generation are projected to drive the photovoltaic power stations market growth.

For instance, in February 2024, the European Union planned a major surge in solar PV capacity from 263 GW to nearly 600 GW by 2030. Europe implemented this to be able to contribute to eco-friendly economic growth.

Commercial Segment Dominates with the Largest Market Share by Application

The commercial segment holds the largest revenue share in the global photovoltaic power station market due to technological innovations in the photovoltaic technology to be utilized in power generation in the aerospace and defense industry, telecommunication, and industrial segments. In the aerospace and defense industry, the technology of photovoltaic is significantly utilized to generate electricity at a low cost and make a sustainable environment. In addition, in emerging countries, governments across the globe are increasing investments in different research and development activities to improve the civil and military purposes of photovoltaic power stations. Also, the continuous advancement in telecommunication technologies including 5G and 4G, drives the demand for photovoltaic power stations to maintain sustainability. Key companies in the market are promoting solar power plants for commercial operations.

For instance, in November 2022, Canadian Solar Inc. announced its Japan flagship mega project, located across the Fukushima Prefecture. The 100 MWp Azuma Kofuji solar project is powered by a Canadian Solar high-efficiency HiKu module to continue developing the business sustainably and responsibly.

Asia-Pacific Dominates with the Largest Market Size

Asia-Pacific registered the highest market growth due to an increase in population, a rise in installation of power plants, and significant economic development. India is projected to dominate the photovoltaic power station as India has the world's largest solar park, which can produce 2,245 MW of electricity alone. This plant in India, named Bhadla Solar Park, is enough to produce power for 1.3 million homes. In addition, strict government rules and regulations over carbon emissions and increased awareness concerning sustainable environment drive the demand for photovoltaic power stations in Asia-Pacific. Key participants in the global market are investing in different renewable energy projects to produce power for the industrial and commercial sectors.

For instance, in May 2024, Serentica Renewables India Private Limited announced an investment of USD 3.59 billion to target 10 GW capacity by 2027, primarily aiming at the commercial and industrial sectors.

Future Market Scenario (2024-2031F)

Rapid urbanization and economic development, coupled with an increase in the installation of solar power plants, are propelling the global photovoltaic power plants market growth.

Different initiatives and favorable policies launched by the legal authorities of emerging countries promote the usage of solar energy, further increasing the global photovoltaic power plant market demand.

Significant technological advancements in photovoltaic power plants are driving solar panel sales and the growth of the global market.

The negative effects of greenhouse gas emissions and growing awareness about global climate change are majorly attributed to the market growth in the forecast period.

Key Players Landscape and Outlook

Companies in the global photovoltaic power station market are significantly investing in different research and development activities to expand the product portfolio. Key market players are working on enhancing the functioning of photovoltaic power stations to address the rising demand for power generation. In addition, companies are adopting different market growth strategies, including joint ventures, new product launches, partnerships, collaboration, and others to expand their footprint.

In February 2024, BayWa r.e. AG announced the partnership with 3E NV/SA to choose the SaaS platform SynaptiQ by 3E as the new PV monitoring and analytics system for all its strategic PV and battery energy storage systems assets.

In June 2023, Cleantech Energy Corporation Pte Ltd announced the expansion of its regional partnership with Etika Group of Companies in Indonesia and Malaysia with rooftop solar PV projects totaling 3.4 MWp.

Table of Contents

1. Research Methodology

2. Project Scope and Definitions

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Mode of Brand Awareness
• 4.3. Factors Considered in Installation Decisions
  • 4.3.1. Features and Applications Other Value-Added Service
  • 4.3.2. Strength and Reliability
  • 4.3.3. Efficiency of Solutions
  • 4.3.4. After-Sales Assistance
• 4.4. Consideration of Safety Regulations

5. Global Photovoltaic Power Station Market Outlook, 2017-2031F

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. By Type
  • 5.2.1. Ground-Based Photovoltaic Power Plants
  • 5.2.2. Rooftop Photovoltaic Power Plant
  • 5.2.3. Facade Photovoltaic Power Plant
  • 5.2.4. Others
• 5.3. By Grid Type
  • 5.3.1. On-Grid
  • 5.3.2. Off-Frid
  • 5.3.3. Hybrid
• 5.4. By Application
  • 5.4.1. Residential
  • 5.4.2. Commercial
• 5.5. By Region
  • 5.5.1. North America
  • 5.5.2. Europe
  • 5.5.3. Asia-Pacific
  • 5.5.4. South America
  • 5.5.5. Middle East and Africa
• 5.6. By Company Market Share (%), 2023

6. Global Photovoltaic Power Station Market Outlook, By Region, 2017-2031F

• 6.1. North America*
  • 6.1.1. Market Size & Forecast
    • 6.1.1.1. By Value
  • 6.1.2. By Type
    • 6.1.2.1. Ground-Based Photovoltaic Power Plants
    • 6.1.2.2. Rooftop Photovoltaic Power Plant
    • 6.1.2.3. Facade Photovoltaic Power Plant
    • 6.1.2.4. Others
  • 6.1.3. By Grid Type
    • 6.1.3.1. On-Grid
    • 6.1.3.2. Off-Grid
    • 6.1.3.3. Hybrid
  • 6.1.4. By Application
    • 6.1.4.1. Residential
    • 6.1.4.2. Commercial
  • 6.1.5. United States*
    • 6.1.5.1. Market Size & Forecast
      • 6.1.5.1.1. By Value
    • 6.1.5.2. By Type
      • 6.1.5.2.1. Ground-Based Photovoltaic Power Plants
      • 6.1.5.2.2. Rooftop Photovoltaic Power Plant
      • 6.1.5.2.3. Facade Photovoltaic Power Plant
      • 6.1.5.2.4. Others
    • 6.1.5.3. By Grid Type
      • 6.1.5.3.1. On-Grid
      • 6.1.5.3.2. Off-Grid
      • 6.1.5.3.3. Hybrid
    • 6.1.5.4. By Application
      • 6.1.5.4.1. Residential
      • 6.1.5.4.2. Commercial
  • 6.1.6. Canada
  • 6.1.7. Mexico

All segments will be provided for all regions and countries covered

• 6.2. Europe
  • 6.2.1. Germany
  • 6.2.2. France
  • 6.2.3. Italy
  • 6.2.4. United Kingdom
  • 6.2.5. Russia
  • 6.2.6. Netherlands
  • 6.2.7. Spain
  • 6.2.8. Turkey
  • 6.2.9. Poland
• 6.3. Asia-Pacific
  • 6.3.1. India
  • 6.3.2. China
  • 6.3.3. Japan
  • 6.3.4. Australia
  • 6.3.5. Vietnam
  • 6.3.6. South Korea
  • 6.3.7. Indonesia
  • 6.3.8. Philippines
• 6.4. South America
  • 6.4.1. Brazil
  • 6.4.2. Argentina
• 6.5. Middle East and Africa
  • 6.5.1. Saudi Arabia
  • 6.5.2. UAE
  • 6.5.3. South Africa

7. Market Mapping, 2023

• 7.1. By Type
• 7.2. By Grid Type
• 7.3. By Application
• 7.4. By Region

8. Macro Environment and Industry Structure

• 8.1. Demand Supply Analysis
• 8.2. Import Export Analysis
• 8.3. Value Chain Analysis
• 8.4. PESTEL Analysis
  • 8.4.1. Political Factors
  • 8.4.2. Economic System
  • 8.4.3. Social Implications
  • 8.4.4. Technological Advancements
  • 8.4.5. Environmental Impacts
  • 8.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
• 8.5. Porter's Five Forces Analysis
  • 8.5.1. Supplier Power
  • 8.5.2. Buyer Power
  • 8.5.3. Substitution Threat
  • 8.5.4. Threat From New Entrant
  • 8.5.5. Competitive Rivalry

9. Market Dynamics

• 9.1. Growth Drivers
• 9.2. Growth Inhibitors (Challenges and Restraints)

10. Key Players Landscape

• 10.1. Competition Matrix of Top Five Market Leaders
• 10.2. Market Revenue Analysis of Top Five Market Leaders (By Value, 2023)
• 10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
• 10.4. SWOT Analysis (For Five Market Players)
• 10.5. Patent Analysis (If Applicable)

11. Pricing Analysis

12. Case Studies

13. Key Players Outlook

• 13.1. Vikram Solar Limited
  • 13.1.1. Company Details
  • 13.1.2. Key Management Personnel
  • 13.1.3. Products and Services
  • 13.1.4. Financials (As Reported)
  • 13.1.5. Key Market Focus and Geographical Presence
  • 13.1.6. Recent Developments
• 13.2. Waaree Energies Limited
• 13.3. Schneider Electric SE
• 13.4. Adani Enterprise Limited
• 13.5. First Solar, Inc.
• 13.6. Tata Power Company Limited
• 13.7. JinkoSolar Holding Co., Ltd
• 13.8. NextEra Energy, Inc.
• 13.9. JA Solar Holdings
• 13.10. SolarEdge Technologies, Inc.
• 13.11. Cleantech Energy Corporation Pte Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

14. Strategic Recommendations

15. About Us & Disclaimer