Solar Energy Market Size
Market Size in USD Bn
CAGR12.5%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 12.5% |
| Market Concentration | High |
| Major Players | Canadian Solar, SolarEdge Technologies, SunPower Corporation, First Solar, Inc., Enphase Energy, Inc. and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report?
please let us know !
please let us know !
Solar Energy Market Analysis
The solar energy market is estimated to be valued at USD 137.26 Billion in 2025 and is expected to reach USD 313.05 Billion by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 12.5% from 2025 to 2032. The solar energy market is expected to witness significant growth over the forecast period due to increasing environmental awareness among consumers and governments.