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North America On Grid Solar PV Market Share

Report ID: GMI9813
Published Date: Jun 2024
Report Format: PDF

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North America On Grid Solar PV Market Share

The Solar PV industry in North America is witnessing significant collaborations across various segments, including research and development, manufacturing, and project deployment. These collaborations are crucial for driving innovation, reducing costs, and increasing the adoption of solar PV technology across North America. They leverage the strengths of various stakeholders, including technological expertise, financial resources, and regulatory support, to accelerate the growth of the solar industry.

North America On Grid Solar PV Market Companies

Eminent players operating in the North America on grid solar PV industry are:

Canadian Solar
First Solar
GCL-SI
JA SOLAR Technology Co., Ltd
JinkoSolar
Indosolar
LONGi
Sunova Solar
Trina Solar
621 Energy

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

North America on grid solar PV market size was valued at USD 26.81 billion in 2023 and is anticipated to grow at 6.1% CAGR through 2032, owing to the growing focus on clean electricity through various solar PV targets.

The residential segment in the North America on grid solar PV market is projected to exceed USD 9.01 billion by 2032, owing to policy incentives, technological advancements, and growing awareness of the environmental and economic benefits of the solar energy.

U.S. on Grid Solar PV market is anticipated to grow at over USD 41.26 billion by 2032, attributed to collaborative research projects by multiple universities and research institutions along with partnerships between academic institutions.

Canadian Solar, First Solar, GCL-SI, JA SOLAR Technology Co., Ltd, JinkoSolar, Indosolar, LONGi, Sunova Solar, Trina Solar, and 621 Energy.