Solar Electricity Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the solar electricity industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected solar electricity market growth numbers 2021-2030.
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The Solar
Electricity Global Market Report 2020-30 by The Business Research Company provides
an in-depth analysis of the global solar electricity market and covers both the
historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The
report evaluates the market and major economies across the regions
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
The Solar
Electricity Global Market Report 2021 covers solar electricity market drivers, solar
electricity market trends, solar electricity market growth rate, solar
electricity market major players, player-adopted strategies in the market, and solar
electricity market size.
The global solar electricity market is
expected to grow from $34.18 in billion 2020 to $37.53 billion in 2021 at a
compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the
companies rearranging their operations and recovering from the COVID-19 impact,
which had earlier led to restrictive containment measures involving social
distancing, remote working, and the closure of commercial activities that
resulted in operational challenges. The market is expected to reach $58.64
billion in 2025 at a CAGR of 12%.
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The report covers the solar electricity market
segments-
1) By Technology: Photovoltaic Systems, Concentrated Solar Power Systems
2) By Solar Module: Monocrystalline,
Polycrystalline, Cadmium Telluride, Amorphous Silicon Cells, Others
3) By End-User: Residential, Commercial,
Industrial
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