Solar Farm Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global solar farm market was worth $61.4 billion in 2019 and is expected to grow to $261.0 billion by 2028, with a CAGR of 19% from 2022 to 2028. The solar farm market has grown at a rapid rate in recent years, owing to cheap PV panel costs and a large number of solar water farm manufacturers. Furthermore, consumer awareness of solar water farming is growing as a result of government legislation encouraging the production of electricity from renewable sources in order to reduce reliance on fossil fuels and reduce pollution emissions.
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The key players operating in the global solar farm industry are Trina Solar, Sharp Corporation, TATA Power Solar Systems Ltd. , First Solar, Inc., BrightSource Energy, Inc., Shenzhen Topray Solar Co., Ltd and JA Solar Holdings Co. Ltd.
Market Segmentation:
By Type
- Surface Suction
- Utility-scale
- Distributed Generation
- Microgrids
- Others
By End-user Industry
- Residential
- Commercial
- Industrial
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key Questions Answered by Solar Farm Market Report
- What was the Solar Farm Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Solar Farm Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Solar Farm Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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