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Solar power equipment is an important component of a solar energy system. Solar power equipment helps to harness the solar energy from the sun, reducing carbon emission, and reducing or eliminating energy bills.
This report elaborates the market size, market characteristics, and market growth of the Solar Power Equipment industry, and breaks down according to the type, application, and consumption area of Solar Power Equipment. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Solar Power Equipment in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Solar Power Equipment market covered in Chapter 13:
Shunfeng International
First Solar Inc
Canadian Solar
Hanwha Q Cells
JA Solar
Trina Solar
ABB Group
LONGi Solar
Jinko Solar
SunPower Corporation
In Chapter 6, on the basis of types, the Solar Power Equipment market from 2015 to 2025 is primarily split into:
Solar Panels
Mounting
Racking and Tracking System
Storage System
Others
In Chapter 7, on the basis of applications, the Solar Power Equipment market from 2015 to 2025 covers:
Residential
Nonresidential
Utility
Others
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Solar Power Equipment Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Solar Power Equipment Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Solar Power Equipment Market Forces
3.1 Global Solar Power Equipment Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Solar Power Equipment Market - By Geography
4.1 Global Solar Power Equipment Market Value and Market Share by Regions
4.1.1 Global Solar Power Equipment Value ($) by Region (2015-2020)
4.1.2 Global Solar Power Equipment Value Market Share by Regions (2015-2020)
4.2 Global Solar Power Equipment Market Production and Market Share by Major Countries
4.2.1 Global Solar Power Equipment Production by Major Countries (2015-2020)
4.2.2 Global Solar Power Equipment Production Market Share by Major Countries (2015-2020)
4.3 Global Solar Power Equipment Market Consumption and Market Share by Regions
4.3.1 Global Solar Power Equipment Consumption by Regions (2015-2020)
4.3.2 Global Solar Power Equipment Consumption Market Share by Regions (2015-2020)
5 Solar Power Equipment Market - By Trade Statistics
5.1 Global Solar Power Equipment Export and Import
5.2 United States Solar Power Equipment Export and Import (2015-2020)
5.3 Europe Solar Power Equipment Export and Import (2015-2020)
5.4 China Solar Power Equipment Export and Import (2015-2020)
5.5 Japan Solar Power Equipment Export and Import (2015-2020)
5.6 India Solar Power Equipment Export and Import (2015-2020)
5.7
6 Solar Power Equipment Market - By Type
6.1 Global Solar Power Equipment Production and Market Share by Types (2015-2020)
6.1.1 Global Solar Power Equipment Production by Types (2015-2020)
6.1.2 Global Solar Power Equipment Production Market Share by Types (2015-2020)
6.2 Global Solar Power Equipment Value and Market Share by Types (2015-2020)
6.2.1 Global Solar Power Equipment Value by Types (2015-2020)
6.2.2 Global Solar Power Equipment Value Market Share by Types (2015-2020)
6.3 Global Solar Power Equipment Production, Price and Growth Rate of Solar Panels (2015-2020)
6.4 Global Solar Power Equipment Production, Price and Growth Rate of Mounting (2015-2020)
6.5 Global Solar Power Equipment Production, Price and Growth Rate of Racking and Tracking System (2015-2020)
6.6 Global Solar Power Equipment Production, Price and Growth Rate of Storage System (2015-2020)
6.7 Global Solar Power Equipment Production, Price and Growth Rate of Others (2015-2020)
7 Solar Power Equipment Market - By Application
7.1 Global Solar Power Equipment Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Solar Power Equipment Consumption by Applications (2015-2020)
7.1.2 Global Solar Power Equipment Consumption Market Share by Applications (2015-2020)
7.2 Global Solar Power Equipment Consumption and Growth Rate of Residential (2015-2020)
7.3 Global Solar Power Equipment Consumption and Growth Rate of Nonresidential (2015-2020)
7.4 Global Solar Power Equipment Consumption and Growth Rate of Utility (2015-2020)
7.5 Global Solar Power Equipment Consumption and Growth Rate of Others (2015-2020)
8 North America Solar Power Equipment Market
8.1 North America Solar Power Equipment Market Size
8.2 United States Solar Power Equipment Market Size
8.3 Canada Solar Power Equipment Market Size
8.4 Mexico Solar Power Equipment Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Solar Power Equipment Market Analysis
9.1 Europe Solar Power Equipment Market Size
9.2 Germany Solar Power Equipment Market Size
9.3 United Kingdom Solar Power Equipment Market Size
9.4 France Solar Power Equipment Market Size
9.5 Italy Solar Power Equipment Market Size
9.6 Spain Solar Power Equipment Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Solar Power Equipment Market Analysis
10.1 Asia-Pacific Solar Power Equipment Market Size
10.2 China Solar Power Equipment Market Size
10.3 Japan Solar Power Equipment Market Size
10.4 South Korea Solar Power Equipment Market Size
10.5 Southeast Asia Solar Power Equipment Market Size
10.6 India Solar Power Equipment Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Solar Power Equipment Market Analysis
11.1 Middle East and Africa Solar Power Equipment Market Size
11.2 Saudi Arabia Solar Power Equipment Market Size
11.3 UAE Solar Power Equipment Market Size
11.4 South Africa Solar Power Equipment Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Solar Power Equipment Market Analysis
12.1 South America Solar Power Equipment Market Size
12.2 Brazil Solar Power Equipment Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Shunfeng International
13.1.1 Shunfeng International Basic Information
13.1.2 Shunfeng International Product Profiles, Application and Specification
13.1.3 Shunfeng International Solar Power Equipment Market Performance (2015-2020)
13.2 First Solar Inc
13.2.1 First Solar Inc Basic Information
13.2.2 First Solar Inc Product Profiles, Application and Specification
13.2.3 First Solar Inc Solar Power Equipment Market Performance (2015-2020)
13.3 Canadian Solar
13.3.1 Canadian Solar Basic Information
13.3.2 Canadian Solar Product Profiles, Application and Specification
13.3.3 Canadian Solar Solar Power Equipment Market Performance (2015-2020)
13.4 Hanwha Q Cells
13.4.1 Hanwha Q Cells Basic Information
13.4.2 Hanwha Q Cells Product Profiles, Application and Specification
13.4.3 Hanwha Q Cells Solar Power Equipment Market Performance (2015-2020)
13.5 JA Solar
13.5.1 JA Solar Basic Information
13.5.2 JA Solar Product Profiles, Application and Specification
13.5.3 JA Solar Solar Power Equipment Market Performance (2015-2020)
13.6 Trina Solar
13.6.1 Trina Solar Basic Information
13.6.2 Trina Solar Product Profiles, Application and Specification
13.6.3 Trina Solar Solar Power Equipment Market Performance (2015-2020)
13.7 ABB Group
13.7.1 ABB Group Basic Information
13.7.2 ABB Group Product Profiles, Application and Specification
13.7.3 ABB Group Solar Power Equipment Market Performance (2015-2020)
13.8 LONGi Solar
13.8.1 LONGi Solar Basic Information
13.8.2 LONGi Solar Product Profiles, Application and Specification
13.8.3 LONGi Solar Solar Power Equipment Market Performance (2015-2020)
13.9 Jinko Solar
13.9.1 Jinko Solar Basic Information
13.9.2 Jinko Solar Product Profiles, Application and Specification
13.9.3 Jinko Solar Solar Power Equipment Market Performance (2015-2020)
13.10 SunPower Corporation
13.10.1 SunPower Corporation Basic Information
13.10.2 SunPower Corporation Product Profiles, Application and Specification
13.10.3 SunPower Corporation Solar Power Equipment Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Solar Power Equipment Market Forecast (2020-2025)
14.2 Europe Solar Power Equipment Market Forecast (2020-2025)
14.3 Asia-Pacific Solar Power Equipment Market Forecast (2020-2025)
14.4 Middle East and Africa Solar Power Equipment Market Forecast (2020-2025)
14.5 South America Solar Power Equipment Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Solar Power Equipment Market Forecast by Types (2020-2025)
15.1.1 Global Solar Power Equipment Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Solar Power Equipment Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Solar Power Equipment Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Solar Power Equipment Picture
Table Solar Power Equipment Key Market Segments
Figure Study and Forecasting Years
Figure Global Solar Power Equipment Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Solar Power Equipment Value ($) and Growth Rate (2015-2020)
Table Global Solar Power Equipment Value ($) by Countries (2015-2020)
Table Global Solar Power Equipment Value Market Share by Regions (2015-2020)
Figure Global Solar Power Equipment Value Market Share by Regions in 2019
Figure Global Solar Power Equipment Production and Growth Rate (2015-2020)
Table Global Solar Power Equipment Production by Major Countries (2015-2020)
Table Global Solar Power Equipment Production Market Share by Major Countries (2015-2020)
Figure Global Solar Power Equipment Production Market Share by Regions in 2019
Figure Global Solar Power Equipment Consumption and Growth Rate (2015-2020)
Table Global Solar Power Equipment Consumption by Regions (2015-2020)
Table Global Solar Power Equipment Consumption Market Share by Regions (2015-2020)
Figure Global Solar Power Equipment Consumption Market Share by Regions in 2019
Table Global Solar Power Equipment Export Top 3 Country 2019
Table Global Solar Power Equipment Import Top 3 Country 2019
Table United States Solar Power Equipment Export and Import (2015-2020)
Table Europe Solar Power Equipment Export and Import (2015-2020)
Table China Solar Power Equipment Export and Import (2015-2020)
Table Japan Solar Power Equipment Export and Import (2015-2020)
Table India Solar Power Equipment Export and Import (2015-2020)
Table Global Solar Power Equipment Production by Types (2015-2020)
Table Global Solar Power Equipment Production Market Share by Types (2015-2020)
Figure Global Solar Power Equipment Production Share by Type (2015-2020)
Table Global Solar Power Equipment Value by Types (2015-2020)
Table Global Solar Power Equipment Value Market Share by Types (2015-2020)
Figure Global Solar Power Equipment Value Share by Type (2015-2020)
Figure Global Solar Panels Production and Growth Rate (2015-2020)
Figure Global Solar Panels Price (2015-2020)
Figure Global Mounting Production and Growth Rate (2015-2020)
Figure Global Mounting Price (2015-2020)
Figure Global Racking and Tracking System Production and Growth Rate (2015-2020)
Figure Global Racking and Tracking System Price (2015-2020)
Figure Global Storage System Production and Growth Rate (2015-2020)
Figure Global Storage System Price (2015-2020)
Figure Global Others Production and Growth Rate (2015-2020)
Figure Global Others Price (2015-2020)
Table Global Solar Power Equipment Consumption by Applications (2015-2020)
Table Global Solar Power Equipment Consumption Market Share by Applications (2015-2020)
Figure Global Solar Power Equipment Consumption Share by Application (2015-2020)
Figure Global Residential Consumption and Growth Rate (2015-2020)
Figure Global Nonresidential Consumption and Growth Rate (2015-2020)
Figure Global Utility Consumption and Growth Rate (2015-2020)
Figure Global Others Consumption and Growth Rate (2015-2020)
Figure North America Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table North America Solar Power Equipment Consumption by Countries (2015-2020)
Table North America Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure North America Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure United States Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Canada Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Mexico Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table Europe Solar Power Equipment Consumption by Countries (2015-2020)
Table Europe Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Europe Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Germany Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure France Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Italy Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Spain Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Solar Power Equipment Consumption by Countries (2015-2020)
Table Asia-Pacific Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure China Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Japan Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure South Korea Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure India Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Solar Power Equipment Consumption by Countries (2015-2020)
Table Middle East and Africa Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure UAE Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure South Africa Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Figure South America Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table South America Solar Power Equipment Consumption by Countries (2015-2020)
Table South America Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure South America Solar Power Equipment Consumption Market Share by Countries (2015-2020)
Figure Brazil Solar Power Equipment Market Consumption and Growth Rate (2015-2020)
Table Shunfeng International Company Profile
Table Shunfeng International Production, Value, Price, Gross Margin 2015-2020
Figure Shunfeng International Production and Growth Rate
Figure Shunfeng International Value ($) Market Share 2015-2020
Table First Solar Inc Company Profile
Table First Solar Inc Production, Value, Price, Gross Margin 2015-2020
Figure First Solar Inc Production and Growth Rate
Figure First Solar Inc Value ($) Market Share 2015-2020
Table Canadian Solar Company Profile
Table Canadian Solar Production, Value, Price, Gross Margin 2015-2020
Figure Canadian Solar Production and Growth Rate
Figure Canadian Solar Value ($) Market Share 2015-2020
Table Hanwha Q Cells Company Profile
Table Hanwha Q Cells Production, Value, Price, Gross Margin 2015-2020
Figure Hanwha Q Cells Production and Growth Rate
Figure Hanwha Q Cells Value ($) Market Share 2015-2020
Table JA Solar Company Profile
Table JA Solar Production, Value, Price, Gross Margin 2015-2020
Figure JA Solar Production and Growth Rate
Figure JA Solar Value ($) Market Share 2015-2020
Table Trina Solar Company Profile
Table Trina Solar Production, Value, Price, Gross Margin 2015-2020
Figure Trina Solar Production and Growth Rate
Figure Trina Solar Value ($) Market Share 2015-2020
Table ABB Group Company Profile
Table ABB Group Production, Value, Price, Gross Margin 2015-2020
Figure ABB Group Production and Growth Rate
Figure ABB Group Value ($) Market Share 2015-2020
Table LONGi Solar Company Profile
Table LONGi Solar Production, Value, Price, Gross Margin 2015-2020
Figure LONGi Solar Production and Growth Rate
Figure LONGi Solar Value ($) Market Share 2015-2020
Table Jinko Solar Company Profile
Table Jinko Solar Production, Value, Price, Gross Margin 2015-2020
Figure Jinko Solar Production and Growth Rate
Figure Jinko Solar Value ($) Market Share 2015-2020
Table SunPower Corporation Company Profile
Table SunPower Corporation Production, Value, Price, Gross Margin 2015-2020
Figure SunPower Corporation Production and Growth Rate
Figure SunPower Corporation Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Solar Power Equipment Market Forecast Production by Types (2020-2025)
Table Global Solar Power Equipment Market Forecast Production Share by Types (2020-2025)
Table Global Solar Power Equipment Market Forecast Value ($) by Types (2020-2025)
Table Global Solar Power Equipment Market Forecast Value Share by Types (2020-2025)
Table Global Solar Power Equipment Market Forecast Consumption by Applications (2020-2025)
Table Global Solar Power Equipment Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Solar Power Equipment Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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