Report Overview:
The following report titled “Global Solar Farm Market: By Type (Utility-Scale, Distributed Generation, Micro-Grids, Others), By End Users (Residential, Commercial, Industrial) and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global Solar Farm Market Summary
The Global Solar Farm Market is expected to grow at a CAGR of around 18.50% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the gradually reducing costs of PV (Photovoltaic) panels and the rising availability of numerous solar farm producers, who are investing massively in the industry for eco-friendly energy generation and reducing pollution levels caused by fossil fuels.
Report Coverage & Details
- Forecast Period: 2023–2028
- Base Year: 2022
- CAGR: 18.50%
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Solar Farm Market Trend:
Various countries worldwide are gradually transiting to clean energy generation in order to mitigate the rapid climate change and reduce the rising levels of carbon emissions. They are actively installing renewable energy sources, like solar farms, which act as an economical source of everyday power, i.e., stimulating the demand for PV panels.
Segmentation Analysis: Solar Farm Market
By Type
- Utility-Scale
- Distributed Generation
- Micro-Grids
- Others
By End Users
- Residential
- Commercial
- Industrial
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
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Region: Asia-Pacific Holds a Major Market Share
Of all regions globally, Asia-Pacific has been ruling the Solar Farm Market with the largest share and the same trend is likely over the coming years.
Leading Players Analysis: Solar Farm Market
The report provides detailed analysis of key players in the global Solar Farm market, highlighting their strategies and competitive scenario.
- Brightsource Energy, Inc
- First Solar, Inc.
- Gruppostg.
- Himin Solar Energy Group
- Ja Solar Holdings Co. Ltd.
- Sharp Corporation
- Shenzhen Topray Solar Co., Ltd.
- Tata Power Solar Systems Ltd.
- Trina Solar
- Wuxi Suntech Power Co., Ltd.
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