
Solar Photovoltaic Pv
Solar Photovoltaic (PV) Market Forecasts to 2030 - Global Analysis By Type (Multi-Silicon and Mono-Silicon), Installation (Ground Mounted, Rooftop and Other Installations), Grid Type, Technology, Application and By Geography

According to Stratistics MRC, the Global Solar Photovoltaic (PV) Market is accounted for $234.4 billion in 2024 and is expected to reach $894.1 billion by 2030 growing at a CAGR of 25.0% during the forecast period. Solar photovoltaic (PV) technology converts sunlight directly into electricity using semiconductor materials. When exposed to sunlight, these materials generate an electric current through the photovoltaic effect. Solar PV systems are composed of solar panels, which contain many solar cells, and are often installed on rooftops, ground-mounted arrays, or integrated into building materials. They offer a clean, renewable energy source, reducing reliance on fossil fuels and decreasing greenhouse gas emissions.
According to World Energy Outlook, more than 1 billion people worldwide are still living without electricity. According to recent estimates by the International Energy Agency (IEA), around USD 2.8 trillion has been invested in energy in 2023. More than USD 1.7 trillion have been spent on clean energy.
Market Dynamics:
Driver:
Growing investments in solar power resources
The increasing investments in solar power resources are a key driver in the solar photovoltaic (PV) market. Governments and private entities are channeling substantial funds into solar energy projects to capitalize on their environmental benefits and cost-effectiveness. These investments are motivated by the global push for renewable energy to combat climate change, reduce carbon emissions, and achieve energy independence. Financial incentives, subsidies, and favorable policies further encourage the adoption of solar PV technology. Additionally, technological advancements and economies of scale have significantly lowered the costs of solar PV systems, making them more attractive to investors and accelerating market growth.
Restraint:
Low conversion efficiencies
The conversion efficiency of solar photovoltaic (PV) cells, which measures how effectively sunlight is converted into electricity, is a critical factor in the PV market. Despite technological advancements, average commercial PV cells convert only about 15-20% of the solar energy they receive. This relatively low efficiency limits the overall energy output and necessitates larger installations to meet energy demands. Factors such as material quality, environmental conditions, and inherent physical limitations of the technology contribute to this efficiency restraint.
Opportunity:
Favourable government policies and upcoming projects
Favorable government policies and upcoming projects present significant opportunities in the solar photovoltaic (PV) market. Many governments are implementing incentives such as tax credits, subsidies, and feed-in tariffs to promote solar energy adoption. Policies aimed at reducing carbon emissions and promoting renewable energy sources are driving investments in solar PV projects. Additionally, the push for energy independence and the decreasing costs of solar technology are making solar PV an attractive option for new energy projects. Upcoming large-scale solar installations and the integration of solar PV in residential and commercial buildings further underscore the growth potential in this market.
Threat:
Large land based power source
Large land-based power sources, such as nuclear and coal plants, pose significant competitive threat to the solar photovoltaic (PV) market. These traditional energy sources often benefit from established infrastructure, consistent energy output, and, in some cases, lower costs per megawatt-hour due to economies of scale. Their ability to provide baseload power without the intermittency issues faced by solar PV can make them more attractive to energy grids and policymakers. Additionally, subsidies and regulatory support for fossil fuels and nuclear energy can further challenge the growth and adoption of solar PV technologies.
Covid-19 Impact:
The COVID-19 epidemic significantly impacted the supply chain and had a very small influence on market growth. The lowering cost of solar PV and related technologies is the main force propelling the global solar PV market. Economies of scale, increased material efficiency, and manufacturing optimization can all be credited with the drop. However, throughout the anticipated period, issues including the development of other green technologies like wind and bio energy are anticipated to restrain market expansion.
The ground-mounted segment is expected to be the largest during the forecast period
The Ground-mounted segment is estimated to have a lucrative growth, due to increase in utility-scale projects, solar energy targets, and falling solar PV installation costs. Large-scale solar PV projects are being planned by nations all over the world in an effort to diversify their energy sources and lessen their dependency on fossil fuel-based power generation. The increasing installation of large-scale utility solar PV projects is therefore anticipated to make ground-mounted solar PV a dominant segment over the projection period as a result of the considerations mentioned above.
The residential segment is expected to have the highest CAGR during the forecast period
The residential segment is anticipated to witness the fastest CAGR growth during the forecast period, due to lower initial investment costs and increased solar PV module efficiency, the residential sector is anticipated to experience significant development. However, a decline in installations, notably from the residential segment, is anticipated after the expiration of federal incentives. Over the course of the forecast period, the market's expansion is anticipated to be anticipated by the rising popularity of photovoltaic systems due to their use in power generation and low-cost residential building heating.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period. The major markets in the sector with the greatest installed capacities are developing countries. Over the past few years, the solar photovoltaic industry has exploded more quickly than that of any other nation in the region. By establishing the political circumstances for its widespread deployment, JNNSM aims to position India as a global lead in solar energy. During the forecast period, factors including planned solar PV projects, favourable governmental policies, and falling prices for solar PV modules and related systems are anticipated to propel the solar PV market in the area.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period. The government of North America has set up numerous solar, photovoltaic, as well as CSP projects all around the nation. One of these is a 46.8 MW-capacity photovoltaic facility at Puerto Libertad, Sonora. As a result, during the course of the projection period, the requirement for photovoltaic systems in the nation is anticipated to rise. In addition, the utility sector is anticipated to add significant capacity as a result of mounting pressure to achieve renewable energy requirements. Residential installations are also expected to increase over the projection period as a result of regulations and incentives tailored specifically to solar rooftop PV.
Key players in the market
Some of the key players in Solar Photovoltaic (PV) market include Acciona SA, BrightSource Energy Inc., Canadian Solar Inc., First Solar Inc., Hanwha Q Cells Co. Ltd., JA Solar Holdings Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Nextera Energy Sources LLC, Risen Energy, Royal Dutch Shell PLC, Sembcorp Energy India Ltd, Sharp Corporation, SunPower Corporation, Suntech Power Holding Co. Ltd., Tata Power Solar Systems Ltd. and Trina Solar Ltd.
Key Developments:
In May 2024, Canadian Solar Inc. a global developer and owner of solar and energy storage assets, has announced the successful securing of a landmark multi-currency revolving credit facility valued at up to €1.3 billion. The agreement, signed by Recurrent Energy and ten participating financial institutions, aims to fund the construction of renewable energy projects across several European countries.
In April 2024, Indian Bank has entered into a strategic partnership with Tata Power Solar Systems Ltd. (TPSSL) to boost solar energy adoption by providing financial support to residential consumers for installations. The collaboration aims to provide financial support under the PM Surya Ghar Muft Bijli Yojana scheme for installations up to 3 KW, and from 3-10 KW under the regular scheme, the public sector lender said in a statement.
Types Covered:
• Multi-Silicon
• Mono-Silicon
Installations Covered:
• Ground Mounted
• Rooftop
• Other Installations
Grid Types Covered:
• Off Grid
• On Grid
Technologies Covered:
• Monocrystalline Silicon
• Polycrystalline Silicon
• Thin Film
• Other Technologies
Applications Covered:
• Residential
• Commercial
• Utilities
• Industrial
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Solar Photovoltaic (PV) Market, By Type
5.1 Introduction
5.2 Multi-Silicon
5.3 Mono-Silicon
6 Global Solar Photovoltaic (PV) Market, By Installation
6.1 Introduction
6.2 Ground Mounted
6.3 Rooftop
6.4 Other Installations
7 Global Solar Photovoltaic (PV) Market, By Grid Type
7.1 Introduction
7.2 Off Grid
7.3 On Grid
8 Global Solar Photovoltaic (PV) Market, By Technology
8.1 Introduction
8.2 Monocrystalline Silicon
8.3 Polycrystalline Silicon
8.4 Thin Film
8.5 Other Technologies
9 Global Solar Photovoltaic (PV) Market, By Application
9.1 Introduction
9.2 Residential
9.3 Commercial
9.4 Utilities
9.5 Industrial
9.6 Other Applications
10 Global Solar Photovoltaic (PV) Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Acciona SA
12.2 BrightSource Energy Inc.
12.3 Canadian Solar Inc.
12.4 First Solar Inc.
12.5 Hanwha Q Cells Co. Ltd.
12.6 JA Solar Holdings Co. Ltd.
12.7 JinkoSolar Holding Co. Ltd.
12.8 LONGi Green Energy Technology Co. Ltd.
12.9 Nextera Energy Sources LLC
12.10 Risen Energy
12.11 Royal Dutch Shell PLC
12.12 Sembcorp Energy India Ltd
12.13 Sharp Corporation
12.14 SunPower Corporation
12.15 Suntech Power Holding Co. Ltd.
12.16 Tata Power Solar Systems Ltd.
12.17 Trina Solar Ltd.
List of Tables
1 Global Solar Photovoltaic (PV) Market Outlook, By Region (2022-2030) ($MN)
2 Global Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
3 Global Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
4 Global Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
5 Global Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
6 Global Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
7 Global Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
8 Global Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
9 Global Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
10 Global Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
11 Global Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
12 Global Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
13 Global Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
14 Global Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
15 Global Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
16 Global Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
17 Global Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
18 Global Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
19 Global Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
20 Global Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
21 Global Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
22 Global Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
23 North America Solar Photovoltaic (PV) Market Outlook, By Country (2022-2030) ($MN)
24 North America Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
25 North America Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
26 North America Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
27 North America Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
28 North America Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
29 North America Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
30 North America Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
31 North America Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
32 North America Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
33 North America Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
34 North America Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
35 North America Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
36 North America Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
37 North America Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
38 North America Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
39 North America Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
40 North America Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
41 North America Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
42 North America Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
43 North America Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
44 North America Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
45 Europe Solar Photovoltaic (PV) Market Outlook, By Country (2022-2030) ($MN)
46 Europe Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
47 Europe Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
48 Europe Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
49 Europe Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
50 Europe Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
51 Europe Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
52 Europe Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
53 Europe Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
54 Europe Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
55 Europe Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
56 Europe Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
57 Europe Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
58 Europe Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
59 Europe Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
60 Europe Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
61 Europe Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
62 Europe Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
63 Europe Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
64 Europe Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
65 Europe Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
66 Europe Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
67 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Country (2022-2030) ($MN)
68 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
69 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
70 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
71 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
72 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
73 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
74 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
75 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
76 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
77 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
78 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
79 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
80 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
81 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
82 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
83 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
84 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
85 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
86 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
87 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
88 Asia Pacific Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
89 South America Solar Photovoltaic (PV) Market Outlook, By Country (2022-2030) ($MN)
90 South America Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
91 South America Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
92 South America Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
93 South America Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
94 South America Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
95 South America Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
96 South America Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
97 South America Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
98 South America Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
99 South America Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
100 South America Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
101 South America Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
102 South America Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
103 South America Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
104 South America Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
105 South America Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
106 South America Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
107 South America Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
108 South America Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
109 South America Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
110 South America Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
111 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Country (2022-2030) ($MN)
112 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Type (2022-2030) ($MN)
113 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Multi-Silicon (2022-2030) ($MN)
114 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Mono-Silicon (2022-2030) ($MN)
115 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Installation (2022-2030) ($MN)
116 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Ground Mounted (2022-2030) ($MN)
117 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Rooftop (2022-2030) ($MN)
118 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Other Installations (2022-2030) ($MN)
119 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Grid Type (2022-2030) ($MN)
120 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Off Grid (2022-2030) ($MN)
121 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By On Grid (2022-2030) ($MN)
122 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Technology (2022-2030) ($MN)
123 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Monocrystalline Silicon (2022-2030) ($MN)
124 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Polycrystalline Silicon (2022-2030) ($MN)
125 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Thin Film (2022-2030) ($MN)
126 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Other Technologies (2022-2030) ($MN)
127 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Application (2022-2030) ($MN)
128 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Residential (2022-2030) ($MN)
129 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Commercial (2022-2030) ($MN)
130 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Utilities (2022-2030) ($MN)
131 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Industrial (2022-2030) ($MN)
132 Middle East & Africa Solar Photovoltaic (PV) Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.