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Solar EPC Market Share

Report ID: GMI3072
Published Date: Mar 2023
Report Format: PDF

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Solar EPC Market Share

Some of the leading companies operating in the global industry are

Canadian Solar
Sterling and Wilson Renewable Energy Limited
Eternia Solar
Black & Veatch Holding Company
Bechtel Corporation
SUNEL GROUP
Siemens Gamesa Renewable Energy, S.A.
BELECTRIC
VIKRAM SOLAR LTD.
Tata Power Solar Systems Ltd.

Strategic collaboration, partnerships and mergers and ongoing development of expansive utility projects will likely sway the industry scenario. The initiative will help them augment the rollout and development of solar capacity across the region.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of solar EPC valued at USD 256.18 billion in 2023 and is slated to grow at over 4.5% gains through 2032, driven by strict sustainable development targets across several economies.

The PV segment held a capacity of more than 210 GW in 2022, with projections expecting the segment to dominate the industry outlook due to the rapidly declining costs of PV components and panels.

The Asia Pacific market crossed over USD 121.5 billion in 2022, with regional efforts to improve renewables integration into the energy mix driving the revenue scenario through 2032.

The list of leading solar EPC industry players includes the likes of Canadian Solar, Sterling and Wilson Renewable Energy Limited, Eternia Solar, Black & Veatch Holding Company, Bechtel Corporation, SUNEL GROUP, Siemens Gamesa Renewable Energy, S.A., BELECTRIC, VIKRAM SOLAR LTD., and Tata Power Solar Systems Ltd. amongst others.