市場調查報告書
商品編碼
1516942
全球太陽能發電廠市場評估:依類型、依電網類型、依應用、依地區、機會、預測(2017-2031)Photovoltaic Power Station Market Assessment, By Type, By Grid Type, By Application, By Region, Opportunities and Forecast, 2017-2031F |
全球太陽能發電廠市場規模預計將從2023年的 1,053.5 億美元增至2031年的 3,334.2 億美元,預計2024-2031年期間年複合成長率為 15.49%。近年來市場呈現顯著成長。在農業、航空航太、國防和工業領域擴張的推動下,預計未來幾年將保持強勁的擴張速度。太陽能發電廠又稱光電發電廠,不排放二氧化碳,避免環境破壞,推動全球太陽能發電廠市場的成長。人們對化石燃料負面影響的認識不斷提高,化石燃料價格上漲以及有利的政府政策推動預測期內對全球太陽能發電廠市場的需求。此外,政府大力投資再生能源領域,並透過各種政策支持國內製造商,為市場參與者創造市場成長機會。2014年至2021年,印度再生能源領域累計獲得直接投資80億美元。
太陽能技術的進步支持全球市場的成長。由於節省成本,太陽能發電廠的技術創新發展成為主要能源。此外,太陽能發電廠可以在任何氣候下發電,維護成本低,減少電費,減少碳排放,提高房屋價值,這些都是預測期間全球市場成長的驅動因素。此外,全球市場的主要參與者贏得訂單並增加收入。
例如,2024年 5月,Vikram Solar Limited 宣布收到 Gujarat Industries Power Company Ltd. 的訂單,為其供應 250 MW 組件,安裝在古吉拉特邦 Khavda 附近的一個再生能源園區。重大技術進步推動市場需求
太陽能發電廠技術的進步帶來了更大的發電量和更高的效率。設計創新使得利用各種表面反射的陽光有效發電成為可能。雙面太陽能板技術的進步有助於降低成本、提高效率、清潔能源和環境效益,有助於增加全球太陽能發電廠市場的市場佔有率。製造技術和原材料的不斷進步可以透過擴散產生能量,使其適用於低光源或多雲條件的場所。輕量、柔性太陽能板的開發改變再生能源的使用並重塑其用途。這些因素將推動全球太陽能電站市場需求,並在預測期內為市場公司創造新的市場成長機會。此外,市場上的主要參與者相互簽約,以滿足對清潔能源解決方案不斷成長的需求。
例如,2024年 4月,Waaree Energies Limited 與 Gujarat Industries Power Company Limited 簽署協議,為 Khavda 附近的 2,375 兆瓦再生能源園區提供整合先進雙面技術的太陽能光伏組件。不斷成長的電力需求推動市場成長
由於經濟發展、製造業蓬勃發展以及人口成長,新興國家的電力消費大幅成長,進一步推動全球太陽能電站市場的成長。發展中國家的擴張、基礎設施發展和人民生活水準的變化顯示對電力的需求急劇增加。隨著世界對電力需求的增加,各國透過擴大現有設施和建造新發電廠來提高發電能力。世界各國政府實施嚴格的碳排放法規,導致人們更加關注再生能源產業,特別是太陽能發電廠。預計這項變更將在預測期內加速市場成長。
本報告針對全球太陽能電站市場進行研究和分析,提供市場規模和預測、市場動態、主要參與者的現狀和前景等。
Global photovoltaic power station market is projected to observe a CAGR of 15.49% during the forecast period 2024-2031, growing from USD 105.35 billion in 2023 to USD 333.42 billion in 2031. The market has witnessed significant growth in recent years. It is projected to maintain a strong pace of expansion during the coming years due to the expansion of the agricultural sector, aerospace and defense sector, industrial sector, and others. Photovoltaic power stations, better known as solar power plants, produce no carbon emissions and avoid environmental damage, propelling the global photovoltaic power station market growth. An increase in awareness concerning the negative impact of fossil fuels, rising prices of fossil fuels, and favorable government policies are fostering the global photovoltaic power station market demand in the forecast period. Also, the government is investing significantly in the renewable sector and supporting domestic manufacturers through different policy measures, creating market growth opportunities for market players. The renewable sector has received a cumulative FDI of USD 8 billion in India from 2014 through 2021.
Advancements in solar energy technologies have supported the global market growth. Innovations in photovoltaic power stations have evolved into a major source of energy as it results in cost savings. In addition, solar power stations can produce power in any climate, have low maintenance costs, can reduce electricity bills, reduce carbon emissions, and improve home value are a few drivers driving the global photovoltaic power stations market growth in the forecast period. Furthermore, key participants in the global market are receiving orders, which increases their revenue.
For instance, in May 2024, Vikram Solar Limited announced that it had received a supply order of 250 MW modules from Gujarat Industries Power Company Ltd. to be installed at a renewable energy park near Khavda, Gujarat.
Significant Technological Advancements Drive Market Demand
The technological advancement in solar power plants resulted in greater electricity production and improved efficiency. Innovations in the designs enable them to use reflected sunlight from different surfaces to produce electricity effectively. The advancement in bifacial solar panel technology has contributed to their increasing market share in the global photovoltaic power stations market as it is helpful in cost reduction, improved efficiency, clean energy, and environmental benefits. The continuous advancement in manufacturing techniques and raw materials can produce energy from diffuse and make them appropriate for locations with low-light and cloudy conditions. The development of lightweight and flexible solar panels has transformed the usage of renewable energy and reformed its incorporation daily. These factors drive the global photovoltaic power stations market demand and creating new market growth opportunities for market players in the forecast period. In addition, key companies in the market are contracting with each other to address the rising demand for clean energy solutions.
For instance, in April 2024, Waaree Energies Limited signed a contract with Gujarat Industries Power Company Limited to provide solar PV modules integrating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, Gujarat.
Growing Requirement for Electricity Propels Market Growth
In emerging countries, the rate of power consumption is rising significantly due to economic development, boasting manufacturing sector, and an increase in population, which further propels the growth of the global photovoltaic power stations market. Expansion and infrastructure development and change in the living standards of individuals in developing countries are observing a surge in electricity demand. As the demand for electricity increases globally, different countries are improving their power generation capacity by either expanding prevailing facilities or constructing new plants. Governments globally have implemented strict carbon emission regulations, resulting in an increasing emphasis on the renewable energy sector, especially photovoltaic power stations. This shift is projected to accelerate market growth in the forecast period.
For instance, in September 2022, the Government of India approved the Ministry of New & Renewable Energy's proposal to implement the Production Linked Incentive Scheme on the 'National Programme on High-Efficiency Solar PV Modules' to accomplish a GW-scale capacity in High-Efficiency Solar PV modules with an expenditure of USD 23.3 million. Government Regulations and Favorable Regulatory Reforms Push Market Growth
The rising environmental awareness concerning greenhouse gas emissions and carbon emissions, coupled with global warming, has led to a significant increase in the demand for photovoltaic power stations. This surge in demand is a clear indication of the global need for sustainable energy resources. The growth of the global market is further bolstered by the rising installation of solar panels, a trend driven by the provision of government incentives and tax rebates. These incentives, along with favorable government measures, have fostered market growth. The government measures, which aim at decreasing dependency on fossil fuels and controlling environmental pollution, are a testament to the urgency and importance of the market growth. Furthermore, the regulations for decreasing the carbon footprint and the increasing demand for cost-effective energy generation are projected to drive the photovoltaic power stations market growth.
For instance, in February 2024, the European Union planned a major surge in solar PV capacity from 263 GW to nearly 600 GW by 2030. Europe implemented this to be able to contribute to eco-friendly economic growth.
Commercial Segment Dominates with the Largest Market Share by Application
The commercial segment holds the largest revenue share in the global photovoltaic power station market due to technological innovations in the photovoltaic technology to be utilized in power generation in the aerospace and defense industry, telecommunication, and industrial segments. In the aerospace and defense industry, the technology of photovoltaic is significantly utilized to generate electricity at a low cost and make a sustainable environment. In addition, in emerging countries, governments across the globe are increasing investments in different research and development activities to improve the civil and military purposes of photovoltaic power stations. Also, the continuous advancement in telecommunication technologies including 5G and 4G, drives the demand for photovoltaic power stations to maintain sustainability. Key companies in the market are promoting solar power plants for commercial operations.
For instance, in November 2022, Canadian Solar Inc. announced its Japan flagship mega project, located across the Fukushima Prefecture. The 100 MWp Azuma Kofuji solar project is powered by a Canadian Solar high-efficiency HiKu module to continue developing the business sustainably and responsibly.
Asia-Pacific Dominates with the Largest Market Size
Asia-Pacific registered the highest market growth due to an increase in population, a rise in installation of power plants, and significant economic development. India is projected to dominate the photovoltaic power station as India has the world's largest solar park, which can produce 2,245 MW of electricity alone. This plant in India, named Bhadla Solar Park, is enough to produce power for 1.3 million homes. In addition, strict government rules and regulations over carbon emissions and increased awareness concerning sustainable environment drive the demand for photovoltaic power stations in Asia-Pacific. Key participants in the global market are investing in different renewable energy projects to produce power for the industrial and commercial sectors.
For instance, in May 2024, Serentica Renewables India Private Limited announced an investment of USD 3.59 billion to target 10 GW capacity by 2027, primarily aiming at the commercial and industrial sectors.
Future Market Scenario (2024-2031F)
Rapid urbanization and economic development, coupled with an increase in the installation of solar power plants, are propelling the global photovoltaic power plants market growth.
Different initiatives and favorable policies launched by the legal authorities of emerging countries promote the usage of solar energy, further increasing the global photovoltaic power plant market demand.
Significant technological advancements in photovoltaic power plants are driving solar panel sales and the growth of the global market.
The negative effects of greenhouse gas emissions and growing awareness about global climate change are majorly attributed to the market growth in the forecast period.
Key Players Landscape and Outlook
Companies in the global photovoltaic power station market are significantly investing in different research and development activities to expand the product portfolio. Key market players are working on enhancing the functioning of photovoltaic power stations to address the rising demand for power generation. In addition, companies are adopting different market growth strategies, including joint ventures, new product launches, partnerships, collaboration, and others to expand their footprint.
In February 2024, BayWa r.e. AG announced the partnership with 3E NV/SA to choose the SaaS platform SynaptiQ by 3E as the new PV monitoring and analytics system for all its strategic PV and battery energy storage systems assets.
In June 2023, Cleantech Energy Corporation Pte Ltd announced the expansion of its regional partnership with Etika Group of Companies in Indonesia and Malaysia with rooftop solar PV projects totaling 3.4 MWp.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.