Report Outlook
On-grid solar PV systems consist of photovoltaic modules connected directly to the utility grid, supplying generated power while drawing grid electricity during shortfalls. These systems help reduce carbon footprints, stabilize energy bills, and promote distributed energy. Driven by climate policies and technological advances, on-grid PV is a key pillar of clean energy transition globally. Innovations such as bifacial modules, agri-PV, and storage integration further enhance value. However, challenges like grid intermittency and land use disputes persist, requiring smart grid and policy solutions.The On-Grid Solar PV market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 13.40% during the forecast period. Valued at 220Billion, the market is expected to reach 610Billion by 2032, with a year-on-year growth rate of .
On-Grid Solar PV Market Size in (USD Billion) CAGR Growth Rate 13.40%
| Study Period | 2020-2032 |
| Market Size (2024): | 220Billion |
| Market Size (2032): | 610Billion |
| CAGR (2024 - 2032): | 13.40% |
| Fastest Growing Region | Europe |
| Dominating Region | Asia-Pacific |
www.www.htfmarketinsights.com
This market research report provides a thorough analysis of the On-Grid Solar PV, offering a detailed examination of key trends, drivers, and challenges shaping the industry. The report begins with an overview of the market's current landscape, including size, growth potential, and competitive dynamics. It delves into the factors driving market expansion, such as technological innovations and evolving consumer preferences, while also addressing the restraints that may impact growth, including regulatory constraints and economic uncertainties. Through comprehensive data analysis and strategic insights, the report equips stakeholders with the knowledge needed to make informed decisions, identify emerging opportunities, and navigate potential risks. This in-depth analysis is designed to support strategic planning and enhance competitive positioning within the market.
Report Importance
Understanding the future market is essential for investors and existing businesses to make informed decisions and strategic plans. Market reports that offer forecasts and future trends provide critical insights into potential opportunities and challenges that lie ahead. These reports help investors evaluate the long-term viability of their investments by highlighting projected market growth, emerging trends, and potential risks. For existing businesses, such reports offer valuable information on evolving consumer preferences, technological advancements, and competitive dynamics, enabling them to adapt their strategies and remain competitive. By analyzing future market conditions, companies can make proactive decisions, optimize resource allocation, and identify areas for innovation. Ultimately, such reports serve as a strategic tool for planning, risk management, and capitalizing on new growth opportunities, ensuring informed decision-making and sustained business success.
For the complete company list, please ask for sample pages. Need More Details on Market Players and Competitors?
DOWNLOAD Sample Report
Competitive landscape
The key players in the On-Grid Solar PV are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as
- Trina Solar (China)
- JA Solar (China)
- LONGi Green Energy (China)
- JinkoSolar (China)
- Canadian Solar (Canada/China)
- First Solar (USA)
- SunPower (USA)
- REC Group (Singapore/Norway)
- Hanwha Q Cells (South Korea)
- Tata Power Solar (India)
- Enphase Energy (USA)
- SMA Solar Technology (Germany)
- Fronius (Austria)
- Huawei Solar (China)
Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the On-Grid Solar PV, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the On-Grid Solar PV. Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green chemistry movement, thereby fueling market growth.
Regional Insight
The Asia-Pacific leads the market share, largely due to rising consumption, a growing population, and strong economic momentum that boosts demand. In contrast, the Europe is emerging as the fastest-growing area, driven by rapid infrastructure development, the expansion of industrial sectors, and heightened consumer demand, making it a critical factor for future market growth. Regions covered in our report are
This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Dominating Region
Asia-Pacific
{FASTEST_ROWING_REGION_MAP}
Market Segmentation
:Segmentation by Type
- Monocrystalline
- Polycrystalline
- Thin-film
- Bifacial
On-Grid Solar PV Market Segmentation by Type
www.htfmarketinsights.com
- Utility power plants
- Commercial rooftops
- Industrial rooftops
- Agri-PV
- Floating solar farms
On-Grid Solar PV Market Segmentation by Application
www.htfmarketinsights.com
On-Grid Solar PV Market Dynamics
Influencing Trend:
- Bifacial and heterojunction solar cells
- integration with battery storage
- solar-plus-EV infrastructure
- smart inverter technology
Market Growth Drivers:
- Falling Module Costs
- government Incentives & Net Metering
- growing Electricity Demand
- need For Grid Diversification
Challenges:
- Intermittency And Grid Balancing
- land Use Conflicts
- recycling Of Solar Panels
- saturation In Mature Markets
Opportunities:
- Integration Into Smart Grids
- grid-scale Storage Solutions
- retrofitting Commercial Rooftops
- virtual Power Plant (VPP) Participation
Research Methodology
The research methodology for this involves several key steps to ensure comprehensive and accurate insights. First, the objectives of the research are clearly defined, focusing on aspects such as market size, growth trends, and competitive dynamics. Data collection is conducted through both primary and secondary methods. Primary research includes interviews with industry experts, surveys, and focus groups to gather first-hand information, while secondary research involves analyzing existing reports, government publications, and company filings.
The collected data is then subjected to rigorous analysis, with quantitative methods used to evaluate market size and trends and qualitative methods applied to understand industry dynamics and consumer behavior. Findings are compiled into a detailed report featuring key insights, data visualizations, and strategic recommendations. Validation is achieved through data verification and peer reviews to ensure accuracy.
Finally, the research concludes with actionable insights and recommendations, along with suggestions for future studies to address emerging trends and gaps. This methodology provides a structured approach to understanding the {keywords} and guiding strategic decisions.
Market Segmentation Overview
• Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
• Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
• Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
• Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
• Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
SWOT Analysis
SWOT analysis in the healthcare industry involves a structured assessment of strengths, weaknesses, opportunities, and threats to identify strategic advantages and areas for improvement.
• Strengths: Evaluates internal factors such as advanced technology, skilled personnel, and a strong brand reputation. For example, a hospital with cutting-edge medical equipment and specialized staff is considered to have a strong competitive edge.
• Weaknesses: Identifies internal limitations like outdated facilities, regulatory compliance issues, or high operational costs. Weaknesses could include inefficient processes or lack of innovation.
• Opportunities: Assesses external factors that could drive growth, such as emerging medical technologies, expanding markets, or favorable government policies. Opportunities might involve partnerships or new service lines.
• Threats: Examines external challenges such as increasing competition, changing regulations, or economic downturns. Threats might include new entrants with disruptive technologies or stricter regulatory requirements.
Market Highlights
|
Report Features |
Details |
|
Base Year |
2024 |
|
Based Year Market Size |
220Billion |
|
Historical Period |
2020 |
|
CAGR (2023 to 2030) |
13.40% |
|
Forecast Period |
2032 |
|
Forecasted Period Market Size (2030) |
610Billion |
|
Scope of the Report |
Monocrystalline,Polycrystalline,Thin-film,Bifacial, Utility power plants,Commercial rooftops,Industrial rooftops,Agri-PV,Floating solar farms, Sales Channel |
|
Regions Covered |
North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
|
Companies Covered |
Trina Solar (China),JA Solar (China),LONGi Green Energy (China),JinkoSolar (China),Canadian Solar (Canada/China),First Solar (USA),SunPower (USA),REC Group (Singapore/Norway),Hanwha Q Cells (South Korea),Tata Power Solar (India),Enphase Energy (USA),SMA Solar Technology (Germany),Fronius (Austria),Huawei Solar (China) |
|
Customization Scope |
15% Free Customization (For EG) |
|
Delivery Format |
PDF and Excel through Email |
On-Grid Solar PV - Table of Contents
Chapter 1: Market Preface
- 1.1 Global On-Grid Solar PV Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global On-Grid Solar PV Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global On-Grid Solar PV Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Falling module costs
- 3.1.2 government incentives & net metering
- 3.1.3 growing electricity demand
- 3.1.4 need for grid diversification
-
3.2 Available Opportunities
- 3.2.1 Integration into smart grids
- 3.2.2 grid-scale storage solutions
- 3.2.3 retrofitting commercial ro
-
3.3 Influencing Trends
- 3.3.1 Bifacial and heterojunction solar cells
- 3.3.2 integration with battery storage
- 3.3.3 solar-plus-
-
3.4 Challenges
- 3.4.1 Intermittency and grid balancing
- 3.4.2 land use conflicts
- 3.4.3 recycling of solar panels
- 3.4.4 satura
- 3.5 Regional Dynamics
Need only Qualitative Analysis? Get Prices
Sectional Purchase
Chapter 4 : Global On-Grid Solar PV Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of On-Grid Solar PV Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: On-Grid Solar PV : Competition Benchmarking & Performance Evaluation
- 5.1 Global On-Grid Solar PV Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by On-Grid Solar PV Revenue 2024
- 5.3 BCG Matrix
- 5.3 Market Entropy
- 5.4 FPNV Positioning Matrix
- 5.5 Heat Map Analysis
Chapter 6: Global On-Grid Solar PV Market: Company Profiles
- 6.1 Trina Solar (China)
- 6.1.1 Trina Solar (China) Company Overview
- 6.1.2 Trina Solar (China) Product/Service Portfolio & Specifications
- 6.1.3 Trina Solar (China) Key Financial Metrics
- 6.1.4 Trina Solar (China) SWOT Analysis
- 6.1.5 Trina Solar (China) Development Activities
- 6.2 JA Solar (China)
- 6.3 LONGi Green Energy (China)
- 6.4 JinkoSolar (China)
- 6.5 Canadian Solar (Canada/China)
- 6.6 First Solar (USA)
- 6.7 SunPower (USA)
- 6.8 REC Group (Singapore/Norway)
- 6.9 Hanwha Q Cells (South Korea)
- 6.10 Tata Power Solar (India)
- 6.11 Enphase Energy (USA)
- 6.12 SMA Solar Technology (Germany)
- 6.13 Fronius (Austria)
- 6.14 Huawei Solar (China)
- 6.15 Sungrow Power (China)
To View a Complete List of Players? Inquiry Now
Sectional Purchase
Chapter 7 : Global On-Grid Solar PV by Type & Application (2020-2032)
-
7.1 Global On-Grid Solar PV Market Revenue Analysis (USD Million) by Type (2020-2024)
- 7.1.1 Monocrystalline
- 7.1.2 Polycrystalline
- 7.1.3 Thin-film
- 7.1.4 Bifacial
- 7.1.5 PERC
-
7.2 Global On-Grid Solar PV Market Revenue Analysis (USD Million) by Application (2020-2024)
- 7.2.1 Utility Power Plants
- 7.2.2 Commercial Rooftops
- 7.2.3 Industrial Rooftops
- 7.2.4 Agri-PV
- 7.2.5 Floating Solar Farms
- 7.3 Global On-Grid Solar PV Market Revenue Analysis (USD Million) by Type (2024-2032)
- 7.4 Global On-Grid Solar PV Market Revenue Analysis (USD Million) by Application (2024-2032)
Chapter 8 : North America On-Grid Solar PV Market Breakdown by Country, Type & Application
- 8.1 North America On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 8.2.1 Monocrystalline
- 8.2.2 Polycrystalline
- 8.2.3 Thin-film
- 8.2.4 Bifacial
- 8.2.5 PERC
-
8.3 North America On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 8.3.1 Utility Power Plants
- 8.3.2 Commercial Rooftops
- 8.3.3 Industrial Rooftops
- 8.3.4 Agri-PV
- 8.3.5 Floating Solar Farms
- 8.4 North America On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 8.5 North America On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 8.6 North America On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Looking for Section Purchase? Get Quote Now
Sectional Purchase
Chapter 9 : LATAM On-Grid Solar PV Market Breakdown by Country, Type & Application
- 9.1 LATAM On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 9.2.1 Monocrystalline
- 9.2.2 Polycrystalline
- 9.2.3 Thin-film
- 9.2.4 Bifacial
- 9.2.5 PERC
-
9.3 LATAM On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 9.3.1 Utility Power Plants
- 9.3.2 Commercial Rooftops
- 9.3.3 Industrial Rooftops
- 9.3.4 Agri-PV
- 9.3.5 Floating Solar Farms
- 9.4 LATAM On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 9.5 LATAM On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 9.6 LATAM On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 10 : West Europe On-Grid Solar PV Market Breakdown by Country, Type & Application
- 10.1 West Europe On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 10.2.1 Monocrystalline
- 10.2.2 Polycrystalline
- 10.2.3 Thin-film
- 10.2.4 Bifacial
- 10.2.5 PERC
-
10.3 West Europe On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 10.3.1 Utility Power Plants
- 10.3.2 Commercial Rooftops
- 10.3.3 Industrial Rooftops
- 10.3.4 Agri-PV
- 10.3.5 Floating Solar Farms
- 10.4 West Europe On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 10.5 West Europe On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 10.6 West Europe On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 11 : Central & Eastern Europe On-Grid Solar PV Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 11.2.1 Monocrystalline
- 11.2.2 Polycrystalline
- 11.2.3 Thin-film
- 11.2.4 Bifacial
- 11.2.5 PERC
-
11.3 Central & Eastern Europe On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 11.3.1 Utility Power Plants
- 11.3.2 Commercial Rooftops
- 11.3.3 Industrial Rooftops
- 11.3.4 Agri-PV
- 11.3.5 Floating Solar Farms
- 11.4 Central & Eastern Europe On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 11.5 Central & Eastern Europe On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 11.6 Central & Eastern Europe On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 12 : Northern Europe On-Grid Solar PV Market Breakdown by Country, Type & Application
- 12.1 Northern Europe On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 12.2.1 Monocrystalline
- 12.2.2 Polycrystalline
- 12.2.3 Thin-film
- 12.2.4 Bifacial
- 12.2.5 PERC
-
12.3 Northern Europe On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 12.3.1 Utility Power Plants
- 12.3.2 Commercial Rooftops
- 12.3.3 Industrial Rooftops
- 12.3.4 Agri-PV
- 12.3.5 Floating Solar Farms
- 12.4 Northern Europe On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 12.5 Northern Europe On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 12.6 Northern Europe On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 13 : Southern Europe On-Grid Solar PV Market Breakdown by Country, Type & Application
- 13.1 Southern Europe On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 13.2.1 Monocrystalline
- 13.2.2 Polycrystalline
- 13.2.3 Thin-film
- 13.2.4 Bifacial
- 13.2.5 PERC
-
13.3 Southern Europe On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 13.3.1 Utility Power Plants
- 13.3.2 Commercial Rooftops
- 13.3.3 Industrial Rooftops
- 13.3.4 Agri-PV
- 13.3.5 Floating Solar Farms
- 13.4 Southern Europe On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 13.5 Southern Europe On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 13.6 Southern Europe On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 14 : East Asia On-Grid Solar PV Market Breakdown by Country, Type & Application
- 14.1 East Asia On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 14.2.1 Monocrystalline
- 14.2.2 Polycrystalline
- 14.2.3 Thin-film
- 14.2.4 Bifacial
- 14.2.5 PERC
-
14.3 East Asia On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 14.3.1 Utility Power Plants
- 14.3.2 Commercial Rooftops
- 14.3.3 Industrial Rooftops
- 14.3.4 Agri-PV
- 14.3.5 Floating Solar Farms
- 14.4 East Asia On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 14.5 East Asia On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 14.6 East Asia On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 15 : Southeast Asia On-Grid Solar PV Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 15.2.1 Monocrystalline
- 15.2.2 Polycrystalline
- 15.2.3 Thin-film
- 15.2.4 Bifacial
- 15.2.5 PERC
-
15.3 Southeast Asia On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 15.3.1 Utility Power Plants
- 15.3.2 Commercial Rooftops
- 15.3.3 Industrial Rooftops
- 15.3.4 Agri-PV
- 15.3.5 Floating Solar Farms
- 15.4 Southeast Asia On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 15.5 Southeast Asia On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 15.6 Southeast Asia On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 16 : South Asia On-Grid Solar PV Market Breakdown by Country, Type & Application
- 16.1 South Asia On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 16.2.1 Monocrystalline
- 16.2.2 Polycrystalline
- 16.2.3 Thin-film
- 16.2.4 Bifacial
- 16.2.5 PERC
-
16.3 South Asia On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 16.3.1 Utility Power Plants
- 16.3.2 Commercial Rooftops
- 16.3.3 Industrial Rooftops
- 16.3.4 Agri-PV
- 16.3.5 Floating Solar Farms
- 16.4 South Asia On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 16.5 South Asia On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 16.6 South Asia On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 17 : Central Asia On-Grid Solar PV Market Breakdown by Country, Type & Application
- 17.1 Central Asia On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 17.2.1 Monocrystalline
- 17.2.2 Polycrystalline
- 17.2.3 Thin-film
- 17.2.4 Bifacial
- 17.2.5 PERC
-
17.3 Central Asia On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 17.3.1 Utility Power Plants
- 17.3.2 Commercial Rooftops
- 17.3.3 Industrial Rooftops
- 17.3.4 Agri-PV
- 17.3.5 Floating Solar Farms
- 17.4 Central Asia On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 17.5 Central Asia On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 17.6 Central Asia On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 18 : Oceania On-Grid Solar PV Market Breakdown by Country, Type & Application
- 18.1 Oceania On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 18.2.1 Monocrystalline
- 18.2.2 Polycrystalline
- 18.2.3 Thin-film
- 18.2.4 Bifacial
- 18.2.5 PERC
-
18.3 Oceania On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 18.3.1 Utility Power Plants
- 18.3.2 Commercial Rooftops
- 18.3.3 Industrial Rooftops
- 18.3.4 Agri-PV
- 18.3.5 Floating Solar Farms
- 18.4 Oceania On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 18.5 Oceania On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 18.6 Oceania On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 19 : MEA On-Grid Solar PV Market Breakdown by Country, Type & Application
- 19.1 MEA On-Grid Solar PV Market by Country (USD Million) [2020-2024]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA On-Grid Solar PV Market by Type (USD Million) [2020-2024]
- 19.2.1 Monocrystalline
- 19.2.2 Polycrystalline
- 19.2.3 Thin-film
- 19.2.4 Bifacial
- 19.2.5 PERC
-
19.3 MEA On-Grid Solar PV Market by Application (USD Million) [2020-2024]
- 19.3.1 Utility Power Plants
- 19.3.2 Commercial Rooftops
- 19.3.3 Industrial Rooftops
- 19.3.4 Agri-PV
- 19.3.5 Floating Solar Farms
- 19.4 MEA On-Grid Solar PV Market by Country (USD Million) [2025-2032]
- 19.5 MEA On-Grid Solar PV Market by Type (USD Million) [2025-2032]
- 19.6 MEA On-Grid Solar PV Market by Application (USD Million) [2025-2032]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The On-Grid Solar PV market may reach an estimated size of 610 Billion by 2032.
The On-Grid Solar PV Market is estimated to grow at a CAGR of 13.40%, currently pegged at 220 Billion.
The changing dynamics and trends such as Bifacial And Heterojunction Solar Cells,integration With Battery Storage,solar-plus-EV Infrastructure,smart Inverter Technology,floating Solar PV Adoption are seen as major Game Changer in Global On-Grid Solar PV Market.
The leaders in the Global On-Grid Solar PV Market such as Trina Solar (China),JA Solar (China),LONGi Green Energy (China),JinkoSolar (China),Canadian Solar (Canada/China),First Solar (USA),SunPower (USA),REC Group (Singapore/Norway),Hanwha Q Cells (South Korea),Tata Power Solar (India),Enphase Energy (USA),SMA Solar Technology (Germany),Fronius (Austria),Huawei Solar (China),Sungrow Power (China) are targeting innovative and differentiated growth drivers some of them are Falling Module Costs,government Incentives & Net Metering,growing Electricity Demand,need For Grid Diversification,decarbonization Commitments
Some of the major challanges seen in Global On-Grid Solar PV Market are Intermittency And Grid Balancing,land Use Conflicts,recycling Of Solar Panels,saturation In Mature Markets,dependency On Weather.
The market opportunity is clear from the flow of investment into Global On-Grid Solar PV Market, some of them are Integration Into Smart Grids,grid-scale Storage Solutions,retrofitting Commercial Rooftops,virtual Power Plant (VPP) Participation,agrivoltaics Applications.
On-Grid Solar PV Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Trina Solar (China),JA Solar (China),LONGi Green Energy (China),JinkoSolar (China),Canadian Solar (Canada/China),First Solar (USA),SunPower (USA),REC Group (Singapore/Norway),Hanwha Q Cells (South Korea),Tata Power Solar (India),Enphase Energy (USA),SMA Solar Technology (Germany),Fronius (Austria),Huawei Solar (China),Sungrow Power (China).
Research paper of Global On-Grid Solar PV Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Utility power plants,Commercial rooftops,Industrial rooftops,Agri-PV,Floating solar farms.
The Global On-Grid Solar PV Market Study is segmented by Monocrystalline,Polycrystalline,Thin-film,Bifacial,PERC.
The Global On-Grid Solar PV Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - Base year: 2024. Forecast period**: 2025 to 2032 [** unless otherwise stated]
On-grid solar PV systems consist of photovoltaic modules connected directly to the utility grid, supplying generated power while drawing grid electricity during shortfalls. These systems help reduce carbon footprints, stabilize energy bills, and promote distributed energy. Driven by climate policies and technological advances, on-grid PV is a key pillar of clean energy transition globally. Innovations such as bifacial modules, agri-PV, and storage integration further enhance value. However, challenges like grid intermittency and land use disputes persist, requiring smart grid and policy solutions.
