Global Solar PV Supply Chain Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Nov 2023 |
Format:
| No. of Pages: 234
Industry: Energy & Natural Resources | Author Name: Harshad
The solar PV supply chain market size has been recorded to be around US$125.8 Bn as of 2022. The market valuation is expected to expand at a robust CAGR of 12.3% by the end of 2030.
The primary factor projected to drive the solar PV supply chain market expansion includes a significant decrease in the price of solar PV components, revolutionising the solar sector and bringing solar energy closer to parity with other more accessible and affordable energy sources.
As of 2022, the solar cell category registered a significant share of the global market revenue, and the trend will most likely prevail through the end of 2030.
The C&I segment currently constitutes a major revenue share of the solar PV supply chain market.
Asia Pacific presently represents the leading revenue share of the global solar PV supply chain market.