The global "Solar Electric System Market" size was valued at US$ 234.5 billion in 2024 and is projected to reach US$ 389.7 billion by 2030, at a CAGR of 8.8% during the forecast period 2024-2030.
United States "Solar Electric System Market" size was valued at US$ 67.8 billion in 2024 and is projected to reach US$ 109.4 billion by 2030, at a CAGR of 8.3% during the forecast period 2024-2030.
Report Overview
This report provides a deep insight into the global Solar Electric System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Solar Electric System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Solar Electric System market in any manner.
Global Solar Electric System Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- Engie
- Exelon
- Dominion Energy
- Innogy
- Tata Power
- Greenko Group
By Type:
- Traditional Solar Power Generation Systems
- New Solar Power Generation Systems
By Application:
- Residential Use
- Industrial Use
- Commercial Use
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Solar Electric System Market
- Overview of the regional outlook of the Solar Electric System Market:
Key Reasons to Buy this Report:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Solar Electric System
1.2 Key Market Segments
1.2.1 Solar Electric System Segment by Type
1.2.2 Solar Electric System Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Solar Electric System Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Solar Electric System Market Competitive Landscape
3.1 Global Solar Electric System Revenue Market Share by Company (2019-2024)
3.2 Solar Electric System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Solar Electric System Market Size Sites, Area Served, Product Type
3.4 Solar Electric System Market Competitive Situation and Trends
3.4.1 Solar Electric System Market Concentration Rate
3.4.2 Global 5 and 10 Largest Solar Electric System Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Solar Electric System Value Chain Analysis
4.1 Solar Electric System Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Solar Electric System Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Solar Electric System Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Solar Electric System Market Size Market Share by Type (2019-2024)
6.3 Global Solar Electric System Market Size Growth Rate by Type (2019-2024)
7 Solar Electric System Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Solar Electric System Market Size (M USD) by Application (2019-2024)
7.3 Global Solar Electric System Market Size Growth Rate by Application (2019-2024)
8 Solar Electric System Market Segmentation by Region
8.1 Global Solar Electric System Market Size by Region
8.1.1 Global Solar Electric System Market Size by Region
8.1.2 Global Solar Electric System Market Size Market Share by Region
8.2 North America
8.2.1 North America Solar Electric System Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Solar Electric System Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Solar Electric System Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Solar Electric System Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Solar Electric System Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Engie
9.1.1 Engie Solar Electric System Basic Information
9.1.2 Engie Solar Electric System Product Overview
9.1.3 Engie Solar Electric System Product Market Performance
9.1.4 Engie Solar Electric System SWOT Analysis
9.1.5 Engie Business Overview
9.1.6 Engie Recent Developments
9.2 Exelon
9.2.1 Exelon Solar Electric System Basic Information
9.2.2 Exelon Solar Electric System Product Overview
9.2.3 Exelon Solar Electric System Product Market Performance
9.2.4 Exelon Solar Electric System SWOT Analysis
9.2.5 Exelon Business Overview
9.2.6 Exelon Recent Developments
9.3 Dominion Energy
9.3.1 Dominion Energy Solar Electric System Basic Information
9.3.2 Dominion Energy Solar Electric System Product Overview
9.3.3 Dominion Energy Solar Electric System Product Market Performance
9.3.4 Dominion Energy Solar Electric System SWOT Analysis
9.3.5 Dominion Energy Business Overview
9.3.6 Dominion Energy Recent Developments
9.4 Innogy
9.4.1 Innogy Solar Electric System Basic Information
9.4.2 Innogy Solar Electric System Product Overview
9.4.3 Innogy Solar Electric System Product Market Performance
9.4.4 Innogy Business Overview
9.4.5 Innogy Recent Developments
9.5 Tata Power
9.5.1 Tata Power Solar Electric System Basic Information
9.5.2 Tata Power Solar Electric System Product Overview
9.5.3 Tata Power Solar Electric System Product Market Performance
9.5.4 Tata Power Business Overview
9.5.5 Tata Power Recent Developments
9.6 Greenko Group
9.6.1 Greenko Group Solar Electric System Basic Information
9.6.2 Greenko Group Solar Electric System Product Overview
9.6.3 Greenko Group Solar Electric System Product Market Performance
9.6.4 Greenko Group Business Overview
9.6.5 Greenko Group Recent Developments
10 Solar Electric System Regional Market Forecast
10.1 Global Solar Electric System Market Size Forecast
10.2 Global Solar Electric System Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Solar Electric System Market Size Forecast by Country
10.2.3 Asia Pacific Solar Electric System Market Size Forecast by Region
10.2.4 South America Solar Electric System Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Solar Electric System by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Solar Electric System Market Forecast by Type (2025-2030)
11.2 Global Solar Electric System Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Solar Electric System Market Size Comparison by Region (M USD)
Table 5. Global Solar Electric System Revenue (M USD) by Company (2019-2024)
Table 6. Global Solar Electric System Revenue Share by Company (2019-2024)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solar Electric System as of 2022)
Table 8. Company Solar Electric System Market Size Sites and Area Served
Table 9. Company Solar Electric System Product Type
Table 10. Global Solar Electric System Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Solar Electric System
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Solar Electric System Market Challenges
Table 18. Global Solar Electric System Market Size by Type (M USD)
Table 19. Global Solar Electric System Market Size (M USD) by Type (2019-2024)
Table 20. Global Solar Electric System Market Size Share by Type (2019-2024)
Table 21. Global Solar Electric System Market Size Growth Rate by Type (2019-2024)
Table 22. Global Solar Electric System Market Size by Application
Table 23. Global Solar Electric System Market Size by Application (2019-2024) & (M USD)
Table 24. Global Solar Electric System Market Share by Application (2019-2024)
Table 25. Global Solar Electric System Market Size Growth Rate by Application (2019-2024)
Table 26. Global Solar Electric System Market Size by Region (2019-2024) & (M USD)
Table 27. Global Solar Electric System Market Size Market Share by Region (2019-2024)
Table 28. North America Solar Electric System Market Size by Country (2019-2024) & (M USD)
Table 29. Europe Solar Electric System Market Size by Country (2019-2024) & (M USD)
Table 30. Asia Pacific Solar Electric System Market Size by Region (2019-2024) & (M USD)
Table 31. South America Solar Electric System Market Size by Country (2019-2024) & (M USD)
Table 32. Middle East and Africa Solar Electric System Market Size by Region (2019-2024) & (M USD)
Table 33. Engie Solar Electric System Basic Information
Table 34. Engie Solar Electric System Product Overview
Table 35. Engie Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 36. Engie Solar Electric System SWOT Analysis
Table 37. Engie Business Overview
Table 38. Engie Recent Developments
Table 39. Exelon Solar Electric System Basic Information
Table 40. Exelon Solar Electric System Product Overview
Table 41. Exelon Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 42. Exelon Solar Electric System SWOT Analysis
Table 43. Exelon Business Overview
Table 44. Exelon Recent Developments
Table 45. Dominion Energy Solar Electric System Basic Information
Table 46. Dominion Energy Solar Electric System Product Overview
Table 47. Dominion Energy Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 48. Dominion Energy Solar Electric System SWOT Analysis
Table 49. Dominion Energy Business Overview
Table 50. Dominion Energy Recent Developments
Table 51. Innogy Solar Electric System Basic Information
Table 52. Innogy Solar Electric System Product Overview
Table 53. Innogy Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 54. Innogy Business Overview
Table 55. Innogy Recent Developments
Table 56. Tata Power Solar Electric System Basic Information
Table 57. Tata Power Solar Electric System Product Overview
Table 58. Tata Power Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 59. Tata Power Business Overview
Table 60. Tata Power Recent Developments
Table 61. Greenko Group Solar Electric System Basic Information
Table 62. Greenko Group Solar Electric System Product Overview
Table 63. Greenko Group Solar Electric System Revenue (M USD) and Gross Margin (2019-2024)
Table 64. Greenko Group Business Overview
Table 65. Greenko Group Recent Developments
Table 66. Global Solar Electric System Market Size Forecast by Region (2025-2030) & (M USD)
Table 67. North America Solar Electric System Market Size Forecast by Country (2025-2030) & (M USD)
Table 68. Europe Solar Electric System Market Size Forecast by Country (2025-2030) & (M USD)
Table 69. Asia Pacific Solar Electric System Market Size Forecast by Region (2025-2030) & (M USD)
Table 70. South America Solar Electric System Market Size Forecast by Country (2025-2030) & (M USD)
Table 71. Middle East and Africa Solar Electric System Market Size Forecast by Country (2025-2030) & (M USD)
Table 72. Global Solar Electric System Market Size Forecast by Type (2025-2030) & (M USD)
Table 73. Global Solar Electric System Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Industrial Chain of Solar Electric System
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Solar Electric System Market Size (M USD), 2019-2030
Figure 5. Global Solar Electric System Market Size (M USD) (2019-2030)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Solar Electric System Market Size by Country (M USD)
Figure 10. Global Solar Electric System Revenue Share by Company in 2023
Figure 11. Solar Electric System Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Solar Electric System Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Solar Electric System Market Share by Type
Figure 15. Market Size Share of Solar Electric System by Type (2019-2024)
Figure 16. Market Size Market Share of Solar Electric System by Type in 2022
Figure 17. Global Solar Electric System Market Size Growth Rate by Type (2019-2024)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Solar Electric System Market Share by Application
Figure 20. Global Solar Electric System Market Share by Application (2019-2024)
Figure 21. Global Solar Electric System Market Share by Application in 2022
Figure 22. Global Solar Electric System Market Size Growth Rate by Application (2019-2024)
Figure 23. Global Solar Electric System Market Size Market Share by Region (2019-2024)
Figure 24. North America Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 25. North America Solar Electric System Market Size Market Share by Country in 2023
Figure 26. U.S. Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 27. Canada Solar Electric System Market Size (M USD) and Growth Rate (2019-2024)
Figure 28. Mexico Solar Electric System Market Size (Units) and Growth Rate (2019-2024)
Figure 29. Europe Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 30. Europe Solar Electric System Market Size Market Share by Country in 2023
Figure 31. Germany Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 32. France Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 33. U.K. Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 34. Italy Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 35. Russia Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 36. Asia Pacific Solar Electric System Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Solar Electric System Market Size Market Share by Region in 2023
Figure 38. China Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 39. Japan Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 40. South Korea Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 41. India Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 42. Southeast Asia Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 43. South America Solar Electric System Market Size and Growth Rate (M USD)
Figure 44. South America Solar Electric System Market Size Market Share by Country in 2023
Figure 45. Brazil Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 46. Argentina Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 47. Columbia Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 48. Middle East and Africa Solar Electric System Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Solar Electric System Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 51. UAE Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 52. Egypt Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 53. Nigeria Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 54. South Africa Solar Electric System Market Size and Growth Rate (2019-2024) & (M USD)
Figure 55. Global Solar Electric System Market Size Forecast by Value (2019-2030) & (M USD)
Figure 56. Global Solar Electric System Market Share Forecast by Type (2025-2030)
Figure 57. Global Solar Electric System Market Share Forecast by Application (2025-2030)
