インドの太陽電池モジュール市場：タイプ別、用途別、エンドユーザー別、地域別、機会、予測、2018年～2032年

インドの太陽電池モジュールの市場規模は、2025年～2032年の予測期間中に11.83％のCAGRで拡大し、2023年の70億3,000万米ドルから2032年には172億米ドルに上昇すると予想されています。

インドのエネルギー事情は、再生可能エネルギーへの移行を支援し、化石燃料への依存を減らすために、太陽電池モジュールやソーラーパネルを必要としています。エネルギーの地産地消は、ソーラーパネルによる調理、照明、その他用途の電力供給を通じて農村部の状況を改善し、経済成長と生態系の持続可能性をもたらし、気候変動緩和の取り組みや国の二酸化炭素排出削減戦略において重要な役割を果たします。そのため、インドは太陽光発電容量の増加に注力しており、これは今後も続くと予想されます。

インドでは、屋上太陽光発電設備の需要が急速に増加しています。そのため、インド政府は大規模な取り組みに力を入れています。こうした取り組みにより、国全体の屋上ソーラー設置容量が大幅に増加し、市場成長率が大幅に促進されると期待されています。

ソーラーパネルシステムは、水ポンプの運転に必要な長寿命で自然な電力源として、灌漑システムに利用されています。これにより、化石燃料への依存度を減らし、ランニングコストを下げ、生態系への影響を最小限に抑えることができます。太陽光発電による灌漑システムは、点滴灌漑のような技術を取り入れた賢明な水管理によって水効率を高め、農産物の増産につながります。さらに、農業生産性を向上させ、持続可能な農業を促進し、大気中に放出される温室効果ガスを削減するために、非電化地帯に有用です。

当レポートでは、インドの太陽電池モジュール市場について調査し、市場の概要とともに、タイプ別、用途別、エンドユーザー別、地域別動向、および市場に参入する企業のプロファイルなどを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

第5章 インドの太陽電池モジュール市場の見通し、2018年～2032年

• 市場規模の分析と予測
• 市場シェア分析と予測
• 市場マップ分析、2024年
  • タイプ別
  • 用途別
  • エンドユーザー別
  • 地域別

第6章 ポーターのファイブフォース分析

第7章 PESTLE分析

第8章 市場力学

• 市場の促進要因
• 市場の課題

第9章 市場の動向と発展

第10章 ケーススタディ

第11章 競合情勢

• 市場リーダートップ5の競合マトリックス
• 参入企業トップ5のSWOT分析
• 市場の主要参入企業トップ10の情勢
  • Tata Power Solar Systems Limited
  • Adani Green Energy Limited (AGEL)
  • Waaree Energies Limited
  • Loom Solar Pvt Ltd.
  • Pixon Green Energy Pvt Ltd.
  • Vikram Solar Ltd.
  • Goldi Solar, Inc.
  • RenewSys India Pvt. Ltd
  • Premier Solar Systems Pvt Ltd
  • Saatvik Green Energy Pvt Ltd.

第12章 戦略的提言

第13章 お問い合わせと免責事項

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. India Solar Module Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2. India Solar Module Market, By Volume, In Mega Watt (MW), FY2018-FY2032F
• Figure 3. India Solar Module Market Share (%), By Type, FY2018-FY2032F
• Figure 4. India Solar Module Market Share (%), By Application, FY2018-FY2032F
• Figure 5. India Solar Module Market Share (%), By End-user, FY2018-FY2032F
• Figure 6. India Solar Module Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 8. By Application Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 9. By End-user Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 10. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024

India solar module market is expected to observe a CAGR of 11.83% during the forecast period FY2025- FY2032, rising from USD 7.03 billion in FY2023 to USD 17.20 billion in FY2032.

Indian energy landscape requires solar modules or solar panels to support its transition to renewable energy, and thereby reduce dependency on fossil fuel. Localized energy production encourages using solar panels to improve the condition of rural areas through the provision of power for cooking, lighting, and other uses, leading to economic growth and ecological sustainability, thereby playing a vital role in climate change mitigation efforts and national carbon-emission reduction strategies. Hence, India is focusing on increasing its solar capacity, and this will continue over the projected years.

For instance, in July 2024, Ornate Solar announced that India's solar energy capacity has reached a huge milestone of 85,474 MW, with the country adding 1,197 MW of new capacity in June. The expansion of solar power is crucial for addressing rising energy demands and accelerating the transition to renewable energy. As India expands its solar infrastructure, it positions itself as a pioneer in sustainable energy production, helping to meet environmental goals and ensure energy security.

Rise in Rooftop Solar Installation Capacity to Augment Market Growth

In India, the requirement for rooftop solar installations is increasing rapidly. Hence, the Indian government is focusing on major initiatives. The initiatives are expected to lead to a substantial increase in rooftop solar capacity throughout the country, thereby fostering the market growth rate extensively.

For instance, in August 2024, the Indian government announced that India has built 1.1 GW of rooftop solar capacity during the first half of 2024, which is 26% higher than the recorded capacity in the same duration last year. The residential sector saw unprecedented growth rates with increasing installations by more than ten times than observed in the previous quarter. Gujarat, Kerala, Maharashtra, Uttar Pradesh, and Tamil Nadu led in rooftop solar capacity additions, accounting for more than 81% of all installations during the quarter. As of June 2024, India's total rooftop solar capacity reached 11.6 GW.

Rise in Utilization of Solar Panels in Irrigation Systems to Expedite the Market Growth

Solar panel systems are utilized in irrigation systems for a long-lasting and natural source of power required for the operation of water pumps. This leads to reduced dependence on fossil fuels, lowered running costs, and a minimal ecological impact. Solar-powered irrigation systems enhance water efficiency through the sensible management of water incorporating techniques such as drip irrigation which lead to increased farm output. Furthermore, these are useful for off-grid zones to improve agricultural productivity, promote sustainable agriculture, and reduce greenhouse gases released into the atmosphere.

For instance, in February 2024, India effectively installed more than 2,95,000 solar water pumps for farmers under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme which aims at improving irrigation and reducing dependence on diesel. Notably, Haryana, Maharashtra, and Rajasthan account for nearly seventy-five percent of these installations. The success of the scheme highlights its role in advancing sustainable agriculture, boosting farmer incomes and helping achieve India's renewable energy targets through access to solar technology.

Solar EV Charging Stations are Propelling Market Growth

Rising EV charging stations in India are influencing the demand for solar panels significantly. In recent times, India has seen a significant rise in public charging stations. Charging stations nowadays are gradually integrating solar panels to allow for a more sustainable power source which results in less reliance on the grid and lower operational expenses. The synergy between EV sales and solar power consumption in India is boosting the growth of EV charging stations, thereby, proliferating market growth and contributing to a cleaner environment.

For instance, in July 2024, the first grid connected solar powered EV charging station of Delhi was launched by the National Solar Energy Federation of India (NSEFI). The innovative project is being developed in collaboration with Bombay Suburban Electric Supply (BSES) aimed at promoting sustainable energy and upgrading the electric vehicle infrastructure. The charging station is capable of charging two and four wheelers in an hour. The pilot initiative is supported by a German non-profit organization, Sequa GmbH, which demonstrates a model for solar power integration into EV charging stations, contributing to India's renewable energy objectives and promote electric mobility development.

Government Initiatives are Amplifying the Market Prosperity

Government initiatives play a significant role in India for the adoption of solar panels or clean energy generation. The Indian government has sponsored various projects to promote the use of solar energy, including the Jawaharlal Nehru National Solar Mission. These initiatives offer monetary incentives to cut the cost of solar panels for residential rooftops and business buildings, thereby making solar energy more affordable across the country.

The goal is to reduce carbon emissions while also supporting local renewable energy companies, which has helped India to become a global leader in the solar power industry. Subsidies for rooftop solar systems, the Production Linked Incentive (PLI) program to stimulate local manufacturing, and the National Green Hydrogen Mission are all major initiatives. These efforts have greatly increased India's solar power capacity, which now accounts for a major part of the country's overall renewable energy.

Northern India Comprehensively Led the Market Share

Northern India emerged as the market leader in 2024 and is expected to maintain its position over the forecast years. The region's vast population, along with a prominent industrialization, has positioned it as a solar power hub in the country.

For instance, in June 2024, Rajasthan Urja Vikas Nigam Ltd. (RUVNL) launched a solar tender for 8,000 MW, which stands as one of the biggest individual tenders in India's solar energy industry. The step aims to boost solar power output in Rajasthan strengthening the state's role as a major player in India's renewable energy scene. Moreover, Rajasthan is expected to continue building its reputation of being the largest source of renewable energies in India, especially in the solar power sector.

Future Market Scenario (FY2025 - FY2032F)

The utilization of solar panels in irrigation systems in India will contribute to provide sustainable farming methods and enhance agricultural output, yielding extensive opportunities for market growth in the forecast years.

The charging stations for electric vehicles are expected to increase the need for solar panels, thereby leading to ample market growth opportunities.

The utilization of perovskite solar cells in bifacial solar modules is expected to increase market growth at an exponential rate in the projected years, improving effectiveness and reducing expenses.

The Indian government's investment in infrastructure to support solar panel installations will be improved through the development of solar parks and cities.

Key Players Landscape and Outlook

In the highly competitive solar module business, market players in India are always searching for strategies that would give them an edge over their rivals. Therefore, they have been investing heavily in rooftop solar installation and building integrated photovoltaics. Furthermore, the organizations are indulging in a variety of collaborations to promote the installations of solar energy projects, such as rooftop-solar projects, solar farms, etc.

In July 2024, Waaree Energies Ltd. signed a contract with Serentica Renewables to supply 900 MW of bifacial solar modules for a major solar power project in Rajasthan. It is regarded as one of India's largest projects that uses Waaree's Elite Series N Type Top-Con bifacial solar modules. The cooperation intends to increase renewable energy generation, cut-down carbon emissions, and aid India's transition to sustainable energy.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Mode of Brand Awareness
• 4.3. Factors Considered in Purchase Decisions
  • 4.3.1. Features and Other Value-Added Service
  • 4.3.2. Efficiency
  • 4.3.3. Technical Support
  • 4.3.4. Price

5. India Solar Module Market Outlook, FY2018-FY2032F

• 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 Type
    • 5.2.1.1. Monofacial Modules
    • 5.2.1.2. Bifacial Modules
      • 5.2.1.2.1. P-Type
      • 5.2.1.2.2. N-Type
    • 5.2.1.3. Polycrystalline Modules
  • 5.2.2. By Application
    • 5.2.2.1. Rooftop Installations
    • 5.2.2.2. Irrigation Systems
    • 5.2.2.3. Solar Farms
    • 5.2.2.4. Water Heating Systems
    • 5.2.2.5. Solar EV Charging Stations
    • 5.2.2.6. Others
  • 5.2.3. By End-user
    • 5.2.3.1. Residential
    • 5.2.3.2. Commercial
    • 5.2.3.3. Industrial
  • 5.2.4. By Region
    • 5.2.4.1. North
    • 5.2.4.2. South
    • 5.2.4.3. East
    • 5.2.4.4. West and Central
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, 2024
  • 5.3.1. By Type
  • 5.3.2. By Application
  • 5.3.3. By End-user
  • 5.3.4. By Region

All segments will be provided for all regions

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Case Studies

11. Competitive Landscape

• 11.1. Competition Matrix of Top 5 Market Leaders
• 11.2. SWOT Analysis for Top 5 Players
• 11.3. Key Players Landscape for Top 10 Market Players
  • 11.3.1. Tata Power Solar Systems Limited
    • 11.3.1.1. Company Details
    • 11.3.1.2. Key Management Personnel
    • 11.3.1.3. Products and Services
    • 11.3.1.4. Financials (As Reported)
    • 11.3.1.5. Key Market Focus and Geographical Presence
    • 11.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 11.3.2. Adani Green Energy Limited (AGEL)
  • 11.3.3. Waaree Energies Limited
  • 11.3.4. Loom Solar Pvt Ltd.
  • 11.3.5. Pixon Green Energy Pvt Ltd.
  • 11.3.6. Vikram Solar Ltd.
  • 11.3.7. Goldi Solar, Inc.
  • 11.3.8. RenewSys India Pvt. Ltd
  • 11.3.9. Premier Solar Systems Pvt Ltd
  • 11.3.10. Saatvik Green Energy Pvt Ltd.

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

12. Strategic Recommendations

13. About Us and Disclaimer