Solar Powered Equipment Market Size, Share, Growth, Trends, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Solar Powered Equipment Market covers analysis by Solar System (Grid-Tied Solar Systems, Off-Grid Solar Systems, Hybrid Solar Systems); Equipment (Solar Panels, Energy Storage System, Power Meter, Others); Application (Residential, Non-Residential) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004040
  • Category : Energy and Power
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION


Solar equipment refers to the devices and component which helps to harness the solar energy from sun. Solar equipment is environment friendly and helps in reducing carbon emission. Moreover, solar equipment is being increasingly used by developed nations to fight climate changes.

MARKET DYNAMICS


The growth in solar power equipment market has been primarily driven by surge in construction projects and rise in electricity demand across of the globe. Moreover, upswing in demand for electricity has amplified the need for concentrated solar power systems.

MARKET SCOPE


The "Global Solar Powered Equipment Market Analysis to 2031" is a specialized and in-depth study of the Solar Powered Equipment industry[HN1] with a special focus on the global market trend analysis. The report aims to provide an overview of Solar Powered Equipment market with detailed market segmentation by Solar System, Equipment, Application and geography. The global Solar Powered Equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Solar Powered Equipment market players and offers key trends and opportunities in the market.[HN2]

MARKET SEGMENTATION


The global Solar Powered Equipment market is segmented on the basis of Solar System, Equipment and Application. Based solar system, the market is segmented as Grid-Tied Solar Systems, Off-Grid Solar Systems and Hybrid Solar Systems. On the basis of the application the market is segmented as Residential and Non-Residential. By nonresidential the market is further segmented into Energy & Utilities and Others. The market on the basis of the equipment is classified as Solar Panels, Energy Storage System, Power Meter and Others.[HN3]

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.


REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Solar Powered Equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Solar Powered Equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Solar Powered Equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Solar Powered Equipment market in these regions.

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.


MARKET PLAYERS



The reports cover key developments in the Solar Powered Equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Solar Powered Equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for Solar Powered Equipment in the global market. Below mentioned is the list of few companies engaged in the Solar Powered Equipment market.

The report also includes the profiles of key Solar Powered Equipment companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
  • ABB Group
  • Canadian Solar
  • First Solar Inc.
  • Hanwha Q Cells
  • JA Solar
  • Jinko Solar
  • LONGi Solar
  • Shunfeng International
  • SunPower Corporation
  • Trina Solar
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Solar Powered Equipment Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Solar System
  • Grid-Tied Solar Systems
  • Off-Grid Solar Systems
  • Hybrid Solar Systems
By Equipment
  • Solar Panels
  • Energy Storage System
  • Power Meter
By Application
  • Residential
  • Non-Residential
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Group
  • Canadian Solar
  • First Solar Inc.
  • Hanwha Q Cells
  • JA Solar
  • Jinko Solar
  • LONGi Solar
  • Shunfeng International
  • SunPower Corporation
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

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    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

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    to country scope.

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    The List of Companies

    1. ABB Group
    2. Canadian Solar
    3. First Solar Inc.
    4. Hanwha Q Cells
    5. JA Solar
    6. Jinko Solar
    7. LONGi Solar
    8. Shunfeng International
    9. SunPower Corporation
    10. Trina Solar
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