India Solar Photovoltaics Equipment Market Segmented By DC Voltage (400V, 600V, 1000V & 1500V), By Installation Mode (Ground Mounted and Rooftop) By End-User (Residential, Commercial, Industrial), By Module Type (Monocrystalline, Polycrystalline & Thin Film), By Type (Circuit Configuration, Module Mounting Systems, Solar Charge Controllers, and Others), By Region, Competition, Forecast & Opportuni
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Power | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Solar Photovoltaics Equipment Market Segmented By DC Voltage (400V, 600V, 1000V & 1500V), By Installation Mode (Ground Mounted and Rooftop) By End-User (Residential, Commercial, Industrial), By Module Type (Monocrystalline, Polycrystalline & Thin Film), By Type (Circuit Configuration, Module Mounting Systems, Solar Charge Controllers, and Others), By Region, Competition, Forecast & Opportuni
| Forecast Period | 2023-2028 |
| Market Size (2022) | USD 8.62 Billion |
| CAGR (2023-2028) | 13.56% |
| Market Size (2028) | USD 18.10 Billion |
| Fastest Growing Segment | Polycrystalline |
| Largest Market | South India |
The Growth in Investments in Renewable Energy
investment in renewable energy in India of around USD 14.5 Billion in 2022, an increase of 125% over 2021 and 72% higher than in the pre-pandemic period of the 2019-20 financial year
Favorable Government Policies and Upcoming Projects
Rewa Ultra Mega Solar Power, Bhadla Solar Park Project, Kurnool Ultra Mega Solar Project, Pavagada Solar Park Project, and NP Kunta Ultra Mega Solar Park
Increasing Electricity Demand is Driving Solar Photovoltaics Equipment Market
India's power consumption logged a double-digit growth of over 11% to 121.19 billion units in December 2022 compared to the year-ago period
Market Segmentation
Market Player
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic
Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and
2024-2028 |
|
Report
coverage |
Revenue forecast, company share,
growth factors, and trends |
|
Segments covered |
By DC Voltage By Installation By End-User By Module Type By Type |
|
Country
scope |
India |
|
Region scope |
East, West, North and South |
|
Key companies
profiled |
Tata Power Solar Systems
Limited., Mundra Solar PV Limited., Vikram Solar Limited, Waaree Energies
Limited, Jain Irrigation Systems Ltd. EMMVEE Photovoltaic Power Private
Limited, V-GUARD Industries Limited, C.R.I. Pumps Private Limited, Shakti
Pumps (India) Limited, Kotak Urja Private Limited. |
|
Customization scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
Pricing and
purchase options |
Avail customized purchase
options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide
the editable version of the report in PPT/Word format on special request) |
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