Solar Power Industry 2019 Global Market Growth, Size, Demand, Trends, Insights and Forecast 2026


The advancements in photovoltaic technology in recent years have boded well for the global solar power market. Growing awareness of the adverse effects of pollution and minimizing greenhouse gases have contributed to the demand for solar power across the world. Furthermore, increasing efforts towards ensuring optimum solar energy consumption will aid the growth of the global solar power market in the forthcoming years. The increasing investment in the development of solar power and related energy generation devices from private as well as government organizations has contributed to the growth of the global market.


Top Players Overview:

  • Abengoa Solar S.A.
  • Acciona Energia S.A.
  • Wuxi Suntech Power Co. Ltd.
  • Bright source Energy Inc.
  • Esolar Inc.
  • Gintech Energy Corp.
  • Kaneka Corp.
  • Sunpower Corporation
  • Canadian Solar Inc.
  • First Solar
  • Jinko Solar
  • Hanwha Q Cells
  • Trina Solar
  • Renesola
  • JA Solar Co. Ltd.
  • LONGi Solar
  • Sharp Corporation
  • Risen Energy Co. Ltd.
  • Auxin Solar inc.
  • Sunpro Power Co., Ltd
  • CSG PVTECH CO., LTD.
  • Kyocera Corporation
  • SolarWorld
  • Panasonic Corporation
  • DMEGC Germany GmbH
The global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution. According to a report published by Fortune Business Insights, titled “Solar Power: Global Market Analysis, Insights and Forecast, 2019-2026,” the market estimated to be at 680.22 GW in 2019. Fortune Business Insights has predicted that the market will reach 4766.82 GW by 2026, thereby exhibiting a CAGR of 30.7%.


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