Solar Power Market Size, Share, and Trends 2025 to 2034

Solar Power Market (By Application: Residential, Commercial, Industrial; By Technology: Photovoltaic Systems, Moni-Si, Thin Film, Multi-Si, Others, Concentrated Solar Power Systems, Parabolic trough, Solar power tower, Fresnel reflectors, Dish Stirling; By End Use: Electricity Generation, Lighting, Heating, Charging; By Solar Module: Monocrystalline, Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2026 to 2035

Last Updated : 18 Dec 2025  |  Report Code : 1574  |  Category : Energy and Power   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Solar Power Market 

5.1. COVID-19 Landscape: Solar Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Solar Power Market, By Application

8.1. Solar Power Market, by Application Type

8.1.1. Residential

8.1.1.1. Market Revenue and Forecast

8.1.2. Commercial

8.1.2.1. Market Revenue and Forecast

8.1.3. Industrial

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Solar Power Market, By Technology

9.1. Solar Power Market, by Technology

9.1.1. Photovoltaic Systems

9.1.1.1. Market Revenue and Forecast

9.1.2. Concentrated Solar Power Systems

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Solar Power Market, By End Use 

10.1. Solar Power Market, by End Use Type

10.1.1. Electricity Generation

10.1.1.1. Market Revenue and Forecast

10.1.2. Lighting

10.1.2.1. Market Revenue and Forecast

10.1.3. Heating

10.1.3.1. Market Revenue and Forecast

10.1.4. Charging

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Solar Power Market, By Solar Module

11.1. Solar Power Market, by Solar Module Type

11.1.1. Monocrystalline

11.1.1.1. Market Revenue and Forecast

11.1.2. Polycrystalline

11.1.2.1. Market Revenue and Forecast

11.1.3. Cadmium Telluride

11.1.3.1. Market Revenue and Forecast

11.1.4. Amorphous Silicon Cells

11.1.4.1. Market Revenue and Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global Solar Power Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application

12.1.2. Market Revenue and Forecast, by Technology

12.1.3. Market Revenue and Forecast, by End Use Type

12.1.4. Market Revenue and Forecast, by Solar Module Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application

12.1.5.2. Market Revenue and Forecast, by Technology

12.1.5.3. Market Revenue and Forecast, by End Use Type

12.1.5.4. Market Revenue and Forecast, by Solar Module Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application

12.1.6.2. Market Revenue and Forecast, by Technology

12.1.6.3. Market Revenue and Forecast, by End Use Type

12.1.6.4. Market Revenue and Forecast, by Solar Module Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application

12.2.2. Market Revenue and Forecast, by Technology

12.2.3. Market Revenue and Forecast, by End Use Type

12.2.4. Market Revenue and Forecast, by Solar Module Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application

12.2.5.2. Market Revenue and Forecast, by Technology

12.2.5.3. Market Revenue and Forecast, by End Use Type

12.2.5.4. Market Revenue and Forecast, by Solar Module Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application

12.2.6.2. Market Revenue and Forecast, by Technology

12.2.6.3. Market Revenue and Forecast, by End Use Type

12.2.6.4. Market Revenue and Forecast, by Solar Module Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application

12.2.7.2. Market Revenue and Forecast, by Technology

12.2.7.3. Market Revenue and Forecast, by End Use Type

12.2.7.4. Market Revenue and Forecast, by Solar Module Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application

12.2.8.2. Market Revenue and Forecast, by Technology

12.2.8.3. Market Revenue and Forecast, by End Use Type

12.2.8.4. Market Revenue and Forecast, by Solar Module Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application

12.3.2. Market Revenue and Forecast, by Technology

12.3.3. Market Revenue and Forecast, by End Use Type

12.3.4. Market Revenue and Forecast, by Solar Module Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application

12.3.5.2. Market Revenue and Forecast, by Technology

12.3.5.3. Market Revenue and Forecast, by End Use Type

12.3.5.4. Market Revenue and Forecast, by Solar Module Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application

12.3.6.2. Market Revenue and Forecast, by Technology

12.3.6.3. Market Revenue and Forecast, by End Use Type

12.3.6.4. Market Revenue and Forecast, by Solar Module Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application

12.3.7.2. Market Revenue and Forecast, by Technology

12.3.7.3. Market Revenue and Forecast, by End Use Type

12.3.7.4. Market Revenue and Forecast, by Solar Module Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application

12.3.8.2. Market Revenue and Forecast, by Technology

12.3.8.3. Market Revenue and Forecast, by End Use Type

12.3.8.4. Market Revenue and Forecast, by Solar Module Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application

12.4.2. Market Revenue and Forecast, by Technology

12.4.3. Market Revenue and Forecast, by End Use Type

12.4.4. Market Revenue and Forecast, by Solar Module Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application

12.4.5.2. Market Revenue and Forecast, by Technology

12.4.5.3. Market Revenue and Forecast, by End Use Type

12.4.5.4. Market Revenue and Forecast, by Solar Module Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application

12.4.6.2. Market Revenue and Forecast, by Technology

12.4.6.3. Market Revenue and Forecast, by End Use Type

12.4.6.4. Market Revenue and Forecast, by Solar Module Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application

12.4.7.2. Market Revenue and Forecast, by Technology

12.4.7.3. Market Revenue and Forecast, by End Use Type

12.4.7.4. Market Revenue and Forecast, by Solar Module Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application

12.4.8.2. Market Revenue and Forecast, by Technology

12.4.8.3. Market Revenue and Forecast, by End Use Type

12.4.8.4. Market Revenue and Forecast, by Solar Module Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application

12.5.2. Market Revenue and Forecast, by Technology

12.5.3. Market Revenue and Forecast, by End Use Type

12.5.4. Market Revenue and Forecast, by Solar Module Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application

12.5.5.2. Market Revenue and Forecast, by Technology

12.5.5.3. Market Revenue and Forecast, by End Use Type

12.5.5.4. Market Revenue and Forecast, by Solar Module Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application

12.5.6.2. Market Revenue and Forecast, by Technology

12.5.6.3. Market Revenue and Forecast, by End Use Type

12.5.6.4. Market Revenue and Forecast, by Solar Module Type

Chapter 13. Company Profiles

13.1. Abengoa Se

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Acciona S.A.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Canadian solar, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Esolar, Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. United renewable energy co. Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Sunpower corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Kaneka corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Tata power solar systems ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Wuxi suntech power co., ltd.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Brightsource energy, Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The solar power market size is reached at USD 286.15 billion in 2025 and is anticipated to surpass USD 522.71 billion by 2035.

The solar power market is growing at a CAGR of 6.21% over the forecast period 2026 to 2035

A major growth factor behind the surge of green hydrogen has been the declining costs of renewable energy which is a critical input in the production process.

The major players operating in the solar power market are Abengoa Se, Acciona S.A., Canadian solar, Inc., Esolar, Inc., United renewable energy co. Ltd., Sunpower corporation, Kaneka corporation, Tata power solar systems ltd., Wuxi suntech power co., ltd., Brightsource energy, Inc..

Asia Pacific region will lead the global solar power market in near future.

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