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Commercial and Industrial Solar PV Module Market Share

Report ID: GMI7859
Published Date: Jan 2024
Report Format: PDF

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Commercial & Industrial Solar PV Module Market Share

Partnerships and agreements enable the companies to diversify their product and service offerings. Joint ventures and partnerships often attract investment from both private and public sectors, facilitating the funding of large-scale commercial and industrial solar projects. Collaborative approach helps maintain a stable and sustainable growth trajectory across the solar sector.

Commercial & Industrial Solar PV Module Market Companies

Eminent players operating in the commercial & industrial solar PV module industry are:

Trina Solar
Canadian Solar
JA SOLAR Technology Co., Ltd
JinkoSolar
First Solar
REC Solar Holdings AS
Hanwha Group
LG Electronics
SunPower Corporation
LONGi
CHINT Solar
Reliance Industries Limited

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of commercial & industrial solar PV module reached USD 41.1 billion in 2023 and is set to surpass USD 72 billion by 2032, owing to the steady decrease in the cost of solar PV technology coupled with growing number of businesses committing to sustainability goals and environmental responsibility.

Roof top commercial & industrial solar PV module industry will cross USD 31.7 billion by 2032, due to its capability to reduce transmission and distribution losses associated with transporting electricity over long distances along with growing emphasis and governmental support on net metering policy.

Asia Pacific market size will record more than 7% CAGR from 2024 to 2032, attributed to the growing awareness of environmental sustainability and corporate social responsibility in line with supportive regulatory frameworks.

Trina Solar, Canadian Solar, JA SOLAR Technology Co. Ltd, JinkoSolar, First Solar, REC Solar Holdings AS, Hanwha Group, LG Electronics, SunPower Corporation, LONGi, CHINT Solar, and Reliance Industries Limited.