Solar power market in India is expected to grow by USD 240.42 billion by 2026, evolving opportunities with ABB Ltd., ACME Solar, Adani Enterprises Ltd.  -Technavio

Solar power market in India is expected to grow by USD 240.42 billion by 2026, evolving opportunities with ABB Ltd., ACME Solar, Adani Enterprises Ltd. -Technavio

NEW YORK, November 10, 2022 /PRNewswire/ — The solar energy market India should grow by $240.42 billion during 2021-2026. The market is segmented by end user and application. The Technavio report is compiled on research from a mixture of primary interviews and secondary research, as well as analytical tools that were used to build the forecasting and prediction models. The solar energy market in India report also offers information about several market vendors including ABB Ltd., ACME Solar, Adani Enterprises Ltd., Azure Power, Canadian Solar Inc., GCL System Integration Technology Co. Ltd., Huawei Investment and Holding Co. Ltd., JA Solar Technology Co. Ltd., juwi AG and Sterling and Wilson Solar Ltd. among others. Read a free sample report.

Technavio has announced its latest market research report titled Solar Power Market in India

Solar energy market in India:

  • ABB Ltd. : The company offers solar energy services that provide electrical energy, including power generation, power transmission, transportation, process automation and pollution control, under the ABB Ltd brand. .

  • ACME Solar: The company offers solar energy services that provide innovative green energy and energy management solutions that include solar water heating, water heating systems, solar heating, solar ventilation , solar lighting, portable solar power and solar transportation, under the ACME Solar brand.

  • Adani Enterprises Ltd: The company offers solar energy services which include solar electricity, solar water heating, solar heating, solar ventilation, solar lighting, solar portable energy, solar transportation and many more. others, branded Adani Enterprises Ltd.

  • Azure Power: The company offers solar energy services that provide solar power plants, solar water heaters, water heating systems, solar heating, solar ventilation, solar lighting, solar energy portable and many more under the Azure Power brand.

  • Canadian Solar Inc.: The company offers solar energy services that provide solar photovoltaic modules, battery storage solutions, solar lighting, portable solar power, solar transportation and many more under the Canadian Solar brand. Inc.

To find additional highlights on vendor growth strategies and product offerings, read a free sample report.

Solar energy market in India: Segmentation analysis

  • Per end user

  • By request

To know highlights and additional key points on various market segments and their impact in the coming years, get a free sample report.

Obligatory overviews on the following aspects:

  • How big was the global solar power industry in India by value?

  • How big will the global solar power industry be in India in 2026?

  • What factors are affecting the strength of competition in the global solar energy industry in India?

  • How has the industry fared over the past five years?

  • What are the main segments that make up the global solar energy market in India?

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The solar energy market in India The research report presents critical information and factual data on the Solar Energy in India industry, with an overall statistical study of this market based on market drivers, market limitations and future prospects. Widespread trends and opportunities are also considered in the solar energy market in India study.

The product range of solar energy in the Indian industry is examined based on their production chain, product pricing and profit generated from them. Different regional markets are analyzed in the solar energy market in India research report and production volume and efficiency across the world are discussed.

Why buy?

  • Identify factors affecting growth prospects in the markets.

  • Track competitors’ market share gains and losses.

  • Evaluate the financial performance of competitors.

Refine your business goals by buying the solar power market by India. Buy a sample report now!

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solar energy market in india

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Slowing down to a CAGR of 35.24%

Market Growth 2022-2026

$240.42 billion

Market structure

Fragmented

Annual growth (%)

37.31

Regional analysis

India

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

ABB Ltd., ACME Solar, Adani Enterprises Ltd., Azure Power, Canadian Solar Inc., GCL System Integration Technology Co. Ltd., Huawei Investment and Holding Co. Ltd., JA Solar Technology Co. Ltd., juwi AG and Sterling and Wilson Solar Ltd.

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by application

  • Market segments

  • Comparison by application

  • Grid Connected – Market size and forecast 2021-2026

  • Off-grid – Market size and forecast 2021-2026

  • Market Opportunity by Application

Market segmentation by end user

  • Market segments

  • Comparison by end user

  • Utility – Market size and forecast 2021-2026

  • Roof – Market size and forecast 2021-2026

  • Market opportunity by end user

Customer landscape

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Insight

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • ABB Ltd.

  • ACME Solar

  • Adani Enterprises Ltd.

  • Azure Power

  • Canadian Solar Inc.

  • GCL System Integration Technology Co.Ltd.

  • Huawei Investment and Holding Co.Ltd.

  • JA Solar Technology Co.Ltd.

  • Juwi AG

  • Sterling and Wilson Solar Ltd.

Annex

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio Research
Jesse Maida
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solar energy market in india

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