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Global Solar Farm Market Size, Trends and Growth Opportunity, By Type (Utility-scale, Distributed Generation, Microgrids, Others) and End User Industry (Residential, Commercial, Industrial), By Region and Forecast Till 2027.


Report ID : IR100685 | Industries : Automotive and Transportation | Published On :November 2024 | Page Count : 5

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  • Global Solar Farm Market Size, Trends and Growth Opportunity, By Type (Utility-scale, Distributed Generation, Microgrids, Others) and End User Industry (Residential, Commercial, Industrial), By Region and Forecast Till 2027.


    Global Solar Farm Market 


    The Global Solar Farm Market was valued at US$1140 million in 2021 and it is expected to reach at US$ 7750 million in 2027 at a CAGR of 36.33% during forecast period 2022-2027.
    Solar farms are places where a lot of solar panels are installed to collect solar energy and generate electricity. These differ from rooftop solar systems and commercial solar power systems in that they use widely spaced, ground-mounted panels to provide electricity to buildings, business buildings, and electric grids.

     

    Market Drivers
    The shingles' adaptability and durability add to their appeal and allow for their use on a variety of buildings, adding to their appeal. Homeowners are becoming more interested in the CIGS thin-film solar farm due to its portability, flexibility, and adaptability. The traditional solar panels' need for a sizable installation area is further reduced by the solar farms. These components are projected to have a favorable effect on the growth of the solar farm market worldwide. They blend nicely with both new and old roofs since they are lighter and more flexible. As a result, the advantages that solar farms provide further spur their demand, which in turn fuels the expansion of the market as a whole.

     

    Market Restraints
    Numerous solar panels must be positioned in a solar farm. This alters the terrain both practically and artistically. The manufacturing of energy is the only activity still taking place there. The panels could have a harmful effect on local species and habitats after they are installed. The adverse effects on local fauna and habitats will also be a significant obstacle to the market expansion for solar farms.

     

    Market Segmentation
    The global solar panels market is segmented into type and end user. By type it segmented into utility-scale, distributed generation, microgrids, others. By end user industry it segmented into residential, commercial, industrial.

     

    Regional Analysis
    The global solar farm market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. In terms of market revenue and market share, Asia-Pacific now dominates the solar farm industry and will maintain this position of strength throughout the projection period. During the projection period, the market is expected to grow at a faster rate due to favorable legislation that encourage the construction of solar farms and more consumer spending on home renovations and upgrades in the region.

     

    Key Players
    Various key players are listed in this report such as First Solar (U.S.), STR Holdings Inc. (U.S.), HANGZHOU FIRST APPLIED MATERIAL CO., LTD. (China), Dow (U.S.), DuPont (U.S.), Mitsubishi Chemical Corporation.(Japan), Cambiosolar (Spain), Kuraray Europe Gmbh (Germany), 3M (U.S.), RenewSys India Pvt. Ltd (India)

     

    Market Taxonomy
    By Type

    •    Utility-Scale
    •    Distributed Generation
    •    Microgrids
    •    Others

     

    By End User
    •    Residential
    •    Commercial
    •    Industrial

     

    Key Question Addressed by the Report
    •    What are the Key Opportunities in Global Solar Farm Market?
    •    What will be the growth rate from 2022 to 2027?
    •    Which segment/region will have highest growth?
    •    What are the factors that will impact/drive the Market?
    •    What is the role of key players in the value chain?

    Global Solar Farm Market 
    1 Introduction    
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Solar Farm Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Solar Farm Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Solar Farm Market Share Analysis, By Type
    5.3 Global Solar Farm Market Size and Forecast, By Type
    5.3.1 Utility-Scale
    5.3.2 Distributed Generation
    5.3.3 Microgrids
    5.3.4 Others
    6 Global Solar Farm Market, By End User
    6.1 Y-o-Y Growth Comparison, By End User
    6.2 Global Solar Farm Market Share Analysis, By End User
    6.3 Global Solar Farm Market Share Analysis, By End User
    6.3.1 Commercial
    6.3.2 Residential
    6.3.3 Industrial
    7 Global Solar Farm  Market, By Region
    7.1 Global Solar Farm Market Share Analysis, By Region
    7.2 Global Solar Farm Market Share Analysis, By Region
    8 North America Solar Farm Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Solar Farm Market Share Analysis, By Type
    8.3 North America Solar Farm Size and Forecast, By End User
    8.4 North America Solar Farm Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Solar Farm Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Solar Farm Market Share Analysis, By Type
    9.3 Europe Solar Farm Market Size and Forecast, By End User
    9.4 Europe Solar Farm Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4 Rest of Europe
    10 Asia Pacific Solar Farm Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia-Pacific Solar Farm Market Size and Forecast, By Type
    10.3 Asia-Pacific Solar Farm Market Size and Forecast, By End User
    10.4 Asia-Pacific Solar Farm Market Size and Forecast, By Country
    10.4.1 China    
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Solar Farm Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Solar Farm Market Size and Forecast, By Type
    11.3 Latin America Solar Farm Market Size and Forecast, By End User
    11.4 Latin America Solar Farm Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2. Rest of Latin America
    12 Middle East Solar Farm Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Solar Farm Market Share Analysis, By Type
    12.3 Middle East Solar Farm Market Size and Forecast, By End User
    12.4 Middle East Solar Farm Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.2. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1. First Solar (U.S.)
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. STR Holdings Inc. (U.S.)
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. HANGZHOU FIRST APPLIED MATERIAL CO., LTD. (China)
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4. Dow (U.S.)
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5. DuPont (U.S.)
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6. Mitsubishi Chemical Corporation.(Japan)
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7. Cambiosolar (Spain)
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8.  Kuraray Europe Gmbh (Germany)
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9. 3M (U.S.)
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10. RenewSys India Pvt. Ltd (India)
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies