Solar Farms Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Solar Farms Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Blog Article
Solar farms market is anticipated to grow at a CAGR of 14.5% during the forecast period (2024-2031). The market growth is driven by the rising investment in solar energy production, increasing government efforts for energy diversification. The declining cost of solar electricity generation infrastructure by substantial government support through policies, subsidies, and schemes, and global emission reduction targets are other contributors to the global market growth.
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The global solar farms market is further segmented based on geography including North America (the US, and copyright), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Solar Farms Market by Type
- Utility-Scale
- Community Scale
- Distributed Generation
- Microgrids
- Others (Agrovoltaic Systems, Floating Solar Farms)
Global Solar Farms Market by End-User
- Residential
- Commercial
- Industrial
Regional Analysis
- North America
- United States
- copyright
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Cypress Creek Renewables, LLC
- Enel Green Power S.p.A.
- First Solar, Inc.
- GruppoSTG
- Iberdrola, S.A.
- ib vogt GmbH
- Invenergy LLC
- Ja Solar Holdings Co. Ltd
- JinkoSolar Holding Co., Ltd.
- Sharp Corp.
- Shenzhen Topray Solar Co., Ltd.
- SunPower Corp.
- Tata Power Solar Systems Ltd
- Trina Solar
- TotalEnergies SE
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global solar farms market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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