Solar Appliances Market

Solar Appliances Market (Type: Solar Photovoltaic and Solar Thermal) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Solar Appliances Market Outlook 2031

  • The global industry was valued at US$ 56.3 Bn in 2022
  • It is estimated to advance at a CAGR of 15.2% from 2023 to 2031 and reach US$ 201.3 Bn by the end of 2031

Analysts’ Viewpoint on Market Scenario

Rise in demand for renewable energy is driving the global solar appliances market size. Solar power is a clean and sustainable source of energy that is gaining traction as the world moves toward a low-carbon future. Demand for solar appliances, such as solar panels, solar inverters, and solar batteries, is likely to increase in the near future, as more people and businesses strive to reduce their carbon footprint and rely less on fossil fuels.

Development of new and more efficient solar technologies has made solar appliances affordable and accessible for customers. Key players are adopting larger solar cells and module-level power electronics to improve the performance and efficiency of solar panels, thus making them more attractive for customers.

Solar Appliances Market

Market Introduction

Solar appliances run on energy generated from the sun. They are designed to use solar energy instead of electricity from the grid or other sources. Solar appliances offer a sustainable and environmentally-friendly way to meet energy needs, while reducing reliance on fossil fuels and other non-renewable sources of energy.

Solar appliances can be employed in residential, commercial, and industrial sectors. They offer numerous benefits such as cost saving, environmental sustainability, energy independence, and low maintenance.

Rise in Demand for Renewable Energy Boosting Solar Appliances Market Development

Increase in concern about climate change, need to reduce reliance on fossil fuels, and rise in awareness regarding the benefits of renewable energy sources are some of the major factors driving the demand for renewable energy.

Many countries across the globe are looking to reduce their reliance on fossil fuels for energy production owing to concerns about energy security, environmental sustainability, and high cost of fossil fuels. Renewable energy sources offer a viable alternative to fossil fuels, thus providing a reliable and sustainable source of energy.

Demand for solar appliances is expected to grow in the near future as more people become aware of the benefits of renewable energy sources. This, in turn, is projected to fuel the solar appliances market expansion in the next few years.

Renewable energy sources are typically cheaper than traditional energy sources. Therefore, they are more cost-effective for customers. Additionally, renewable energy sources do not produce harmful emissions, which can help reduce air pollution and improve public health.

Governments of countries around the world are taking various initiatives to promote the adoption of renewable energy sources, including solar power. These initiatives include policies, subsidies, and incentives aimed at supporting the development and deployment of solar appliances and other renewable energy technologies.

China is one of the world's largest markets for solar power, accounting for more than 30% of global solar capacity. The Government of China has introduced several policies to promote the usage of solar power, including subsidies and feed-in tariffs for solar installations. In 2020, China added 48.2 GW of solar capacity, bringing its total solar capacity to over 240 GW.

The European Union (EU) is taking several initiatives to promote the adoption of renewable energy sources. This is in line with its commitment to reduce greenhouse gas emissions and achieve climate neutrality by 2050. The EU Green Deal is a comprehensive plan to make the EU's economy more sustainable and reduce its carbon footprint. The plan includes initiatives to promote the use of renewable energy sources and boost investment in renewable energy technologies. Thus, increase in investment in renewable energy is estimated to positively impact the solar appliances market growth in the near future.

Technological Advancements in Solar Energy

Development of new and more efficient solar technologies has made solar appliances more affordable and accessible for customers. Advances in solar panel technology, such as thin-film and bifacial panels, have increased the efficiency of solar systems and reduced their cost. Energy storage systems, smart inverters, and solar trackers have made solar energy more reliable and easier to integrate into the grid.

Adoption of energy storage systems has allowed solar energy to be stored for use when energy generation is low, thereby increasing the flexibility of solar systems. Solar trackers have maximized the amount of sunlight that is captured by solar panels. Advancements in smart inverter technology have improved the efficiency of solar systems and reduced the cost of energy storage.

Smart inverters can communicate with the grid and adjust the output of solar panels to match the needs of the grid. This has made solar energy more reliable and easier to integrate into the grid. Solar appliances are likely to become more efficient and cost-effective as technology continues to improve. This is likely to further boost their adoption, which is expected to propel market statistics in the near future.

Extensive Usage of Solar Photovoltaics

According to the latest solar appliances market trends, the solar photovoltaic type segment accounted for the largest share in 2022. The segment is estimated to maintain its dominance during the forecast period. Growth of the segment can be ascribed to decrease in cost of solar panels and increase in demand for electricity in developing countries.

Solar PV systems convert sunlight into electricity and have become increasingly popular due to their cost-effectiveness, efficiency, and environmental benefits. Governments are also offering tax incentives and subsidies to encourage the use of solar energy.

High Adoption of Solar Appliances in Residential Sector

According to the latest solar appliances market analysis, the residential end-use segment dominated the industry in 2022. Increase in demand for clean and sustainable energy sources, availability of government incentives and subsidies for renewable energy, and technological advancements in solar appliances are driving the segment.

Solar appliances, such as solar water heaters, solar lighting systems, and solar PV systems, provide an eco-friendly and cost-effective solution to meet the energy needs of households. Government incentives and subsidies have made solar appliances more affordable and accessible for homeowners. Technological advancements in energy storage systems have made it possible for homeowners to use solar energy even when sufficient sunlight is not available.

Regional Outlook

According to the latest solar appliances market forecast, Asia Pacific is projected to constitute the largest share from 2023 to 2031. The region dominated the global landscape in 2022. Availability of abundant sunlight, increase in cost of traditional energy sources, and growth in awareness about the need to transition to cleaner and more sustainable sources of energy are driving market dynamics of the region.

Europe and North America are notable markets for solar appliances. Government policies and incentives are playing a significant role in propelling the market trajectory in these regions. Middle East & Africa and Latin America are relatively minor markets for solar appliances than other regions.

Analysis of Key Players

The global industry report highlights several small and large-scale manufacturers that control majority of the solar appliances market share. Manufacturers are investing significantly in comprehensive R&D activities to introduce novel products and offer robust services.

Solaria, Canadian Solar, Trina Solar, SunPower, LG Solar, Hanwha Q Cells, JinkoSolar, First Solar, Schneider Electric, Yingli Solar, SolarEdge, REC Solar, and SMA Solar Technology are key entities operating in this industry.

Prominent players have been profiled in the solar appliances market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments

  • In September 2021, Solaria Corporation launched PowerXT 430R-PL (430-Watt) solar panel that features high-power density and an optimized form factor
  • In January 2021, Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc., completed a purchase and sale agreement with Appalachian Power for Recurrent’s Firefly Energy solar project located in Pittsylvania County, Virginia

Global Solar Appliances Market Snapshot

Attribute

Detail

Market Size Value in 2022

US$ 56.3 Bn

Market Forecast Value in 2031

US$ 201.3 Bn

Growth Rate (CAGR)

15.2%

Forecast Period

2023–2031

Historical Data Available for

2020-2021

Quantitative Units

US$ Bn for Value and Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • Solar Photovoltaic
    • Solar Thermal
  • Appliance
    • Solar Lighting
    • Solar Cooker
    • Solar Water Heater
    • Solar Air Conditioning
    • Solar Inverter
    • Solar Refrigerator
    • Others
  • End-use
    • Industrial
    • Commercial
    • Residential

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Rest of Europe
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Brazil
  • Mexico
  • Rest of Latin America
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Companies Profiled

  • Solaria
  • Canadian Solar
  • Trina Solar
  • SunPower
  • LG Solar
  • Hanwha Q Cells
  • JinkoSolar
  • First Solar
  • Schneider Electric
  • Yingli Solar
  • SolarEdge
  • REC Solar
  • SMA Solar Technology

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the global solar appliances market in 2022?

It was valued at US$ 56.3 Bn in 2022.

How is the industry expected to grow during the forecast period?

It is anticipated to advance at a CAGR of 15.2% from 2023 to 2031.

What are the key driving factors?

Rise in demand for renewable energy and technological advancements in solar energy.

Which was the largest segment in 2022?

Solar photovoltaic was the largest type segment in 2022.

Which region was the most lucrative in 2022?

Asia Pacific was the most lucrative region for vendors in 2022.

Who are the prominent solar appliance manufacturers?

Solaria, Canadian Solar, Trina Solar, SunPower, LG Solar, Hanwha Q Cells, JinkoSolar, First Solar, Schneider Electric, Yingli Solar, SolarEdge, REC Solar, and SMA Solar Technology.

1. Executive Summary

    1.1. Solar Appliances Market Snapshot

    1.2. Key Market Trends

    1.3. Current Market and Future Potential

    1.4. TMR’s Growth Opportunity Wheel

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Trends

    2.3. Market Dynamics

        2.3.1. Drivers

        2.3.2. Restraints

        2.3.3. Opportunities

    2.4. Porter’s Five Forces Analysis

    2.5. Regulatory Analysis

    2.6. Value Chain Analysis

        2.6.1. List of Raw Material Providers

        2.6.2. List of Manufacturers

        2.6.3. List of Dealers/Distributors

        2.6.4. List of Potential Customers

3. COVID-19 Impact Analysis

4. Impact of Current Geopolitical Scenario

5. Price Trend Analysis

6. Production Output, By Region

7. Global Solar Appliances Market Analysis and Forecast, by Type, 2023–2031

    7.1. Introduction and Definitions

    7.2. Global Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

            7.2.1.1. Solar Photovoltaic

            7.2.1.2. Solar Thermal

    7.3. Global Solar Appliances Market Attractiveness, by Type

8. Global Solar Appliances Market Analysis and Forecast, by Appliance, 2023–2031

    8.1. Introduction and Definitions

    8.2. Global Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        8.2.1. Solar Lighting

        8.2.2. Solar Cooker

        8.2.3. Solar Water Heater

        8.2.4. Solar Air Conditioning

        8.2.5. Solar Inverter

        8.2.6. Solar Refrigerator

        8.2.7. Others

9. Global Solar Appliances Market Attractiveness, by Appliance

10. Global Solar Appliances Market Analysis and Forecast, by End-use, 2023–2031

    10.1. Introduction and Definitions

    10.2. Global Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        10.2.1. Industrial

        10.2.2. Commercial

        10.2.3. Residential

    10.3. Global Solar Appliances Market Attractiveness, by End-use

11. Global Solar Appliances Market Analysis and Forecast, by Region, 2023–2031

    11.1. Key Findings

    11.2. Global Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Region, 2023–2031

        11.2.1. North America

        11.2.2. Europe

        11.2.3. Asia Pacific

        11.2.4. Middle East & Africa

        11.2.5. Latin America

    11.3. Global Solar Appliances Market Attractiveness, by Region

12. North America Solar Appliances Market Analysis and Forecast, 2023–2031

    12.1. Key Findings

    12.2. North America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

    12.3. North America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

    12.4. North America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    12.5. North America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Country, 2023–2031

        12.5.1. U.S. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        12.5.2. U.S. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        12.5.3. U.S. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        12.5.4. Canada Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        12.5.5. Canada Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        12.5.6. Canada Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    12.6. North America Solar Appliances Market Attractiveness Analysis

13. Europe Solar Appliances Market Analysis and Forecast, 2023–2031

    13.1. Key Findings

    13.2. Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

    13.3. Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

    13.4. Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    13.5. Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

        13.5.1. Germany Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.2. Germany Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.3. Germany Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.4. France Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.5. France Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.6. France Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.7. U.K. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.8. U.K. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.9. U.K. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.10. Spain Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.11. Spain Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.12. Spain Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.13. Italy Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.14. Italy. Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.15. Italy Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.16. Russia & CIS Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.17. Russia & CIS Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.18. Russia & CIS Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        13.5.19. Rest of Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        13.5.20. Rest of Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        13.5.21. Rest of Europe Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    13.6. Europe Solar Appliances Market Attractiveness Analysis

14. Asia Pacific Solar Appliances Market Analysis and Forecast, 2023–2031

    14.1. Key Findings

    14.2. Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type

    14.3. Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

    14.4. Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    14.5. Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

        14.5.1. China Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        14.5.2. China Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        14.5.3. China Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        14.5.4. Japan Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        14.5.5. Japan Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        14.5.6. Japan Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        14.5.7. India Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        14.5.8. India Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        14.5.9. India Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        14.5.10. ASEAN Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        14.5.11. ASEAN Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        14.5.12. ASEAN Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        14.5.13. Rest of Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        14.5.14. Rest of Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        14.5.15. Rest of Asia Pacific Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    14.6. Asia Pacific Solar Appliances Market Attractiveness Analysis

15. Latin America Solar Appliances Market Analysis and Forecast, 2023–2031

    15.1. Key Findings

    15.2. Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

    15.3. Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

    15.4. Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    15.5. Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

        15.5.1. Brazil Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        15.5.2. Brazil Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        15.5.3. Brazil Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        15.5.4. Mexico Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        15.5.5. Mexico Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        15.5.6. Mexico Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        15.5.7. Rest of Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        15.5.8. Rest of Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        15.5.9. Rest of Latin America Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    15.6. Latin America Solar Appliances Market Attractiveness Analysis

16. Middle East & Africa Solar Appliances Market Analysis and Forecast, 2023–2031

    16.1. Key Findings

    16.2. Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

    16.3. Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

    16.4. Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    16.5. Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

        16.5.1. GCC Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        16.5.2. GCC Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        16.5.3. GCC Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        16.5.4. South Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        16.5.5. South Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        16.5.6. South Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

        16.5.7. Rest of Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Type, 2023–2031

        16.5.8. Rest of Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by Appliance, 2023–2031

        16.5.9. Rest of Middle East & Africa Solar Appliances Market Volume (Units) and Value (US$ Bn) Forecast, by End-use, 2023–2031

    16.6. Middle East & Africa Solar Appliances Market Attractiveness Analysis

17. Competition Landscape

    17.1. Global Solar Appliances Market Company Share Analysis, 2022

    17.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

        17.2.1. Solaria

            17.2.1.1. Company Description

            17.2.1.2. Business Overview

            17.2.1.3. Financial Overview

            17.2.1.4. Strategic Overview

        17.2.2. Canadian Solar

            17.2.2.1. Company Description

            17.2.2.2. Business Overview

            17.2.2.3. Financial Overview

            17.2.2.4. Strategic Overview

        17.2.3. Trina Solar

            17.2.3.1. Company Description

            17.2.3.2. Business Overview

            17.2.3.3. Financial Overview

            17.2.3.4. Strategic Overview

        17.2.4. SunPower

            17.2.4.1. Company Description

            17.2.4.2. Business Overview

            17.2.4.3. Financial Overview

            17.2.4.4. Strategic Overview

        17.2.5. LG Solar

            17.2.5.1. Company Description

            17.2.5.2. Business Overview

            17.2.5.3. Financial Overview

            17.2.5.4. Strategic Overview

        17.2.6. Hanwha Q Cells

            17.2.6.1. Company Description

            17.2.6.2. Business Overview

            17.2.6.3. Financial Overview

            17.2.6.4. Strategic Overview

        17.2.7. JinkoSolar

            17.2.7.1. Company Description

            17.2.7.2. Business Overview

            17.2.7.3. Financial Overview

            17.2.7.4. Strategic Overview

        17.2.8. First Solar

            17.2.8.1. Company Description

            17.2.8.2. Business Overview

            17.2.8.3. Financial Overview

            17.2.8.4. Strategic Overview

        17.2.9. Schneider Electric

            17.2.9.1. Company Description

            17.2.9.2. Business Overview

            17.2.9.3. Financial Overview

            17.2.9.4. Strategic Overview

        17.2.10. Yingli Solar

            17.2.10.1. Company Description

            17.2.10.2. Business Overview

            17.2.10.3. Financial Overview

            17.2.10.4. Strategic Overview

        17.2.11. SolarEdge

            17.2.11.1. Company Description

            17.2.11.2. Business Overview

            17.2.11.3. Financial Overview

            17.2.11.4. Strategic Overview

        17.2.12. REC Solar

            17.2.12.1. Company Description

            17.2.12.2. Business Overview

            17.2.12.3. Financial Overview

            17.2.12.4. Strategic Overview

        17.2.13. SMA Solar Technology

            17.2.13.1. Company Description

            17.2.13.2. Business Overview

            17.2.13.3. Financial Overview

            17.2.13.4. Strategic Overview

18. Primary Research: Key Insights

19. Appendix

List of Tables

Table 1: Global Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 2: Global Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 3: Global Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 4: Global Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 5: Global Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 6: Global Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 7: Global Solar Appliances Market Volume (Units) Forecast, by Region, 2020–2031

Table 8: Global Solar Appliances Market Value (US$ Bn) Forecast, by Region, 2020–2031

Table 9: North America Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 10: North America Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 11: North America Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 12: North America Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 13: North America Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 14: North America Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 15: North America Solar Appliances Market Volume (Units) Forecast, by Country, 2020–2031

Table 16: North America Solar Appliances Market Value (US$ Bn) Forecast, by Country, 2020–2031

Table 17: U.S. Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 18: U.S. Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 19: U.S. Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 20: U.S. Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 21: U.S. Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 22: U.S. Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 23: Canada Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 24: Canada Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 25: Canada Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 26: Canada Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 27: Canada Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 28: Canada Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 29: Europe Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 30: Europe Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 31: Europe Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 32: Europe Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 33: Europe Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 34: Europe Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 35: Europe Solar Appliances Market Volume (Units) Forecast, by Country and Sub-region, 2020–2031

Table 36: Europe Solar Appliances Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031

Table 37: Germany Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 38: Germany Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 39: Germany Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 40: Germany Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 41: Germany Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 42: Germany Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 43: France Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 44: France Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 45: France Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 46: France Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 47: France Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 48: France Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 49: U.K. Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 50: U.K. Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 51: U.K. Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 52: U.K. Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 53: U.K. Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 54: U.K. Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 55: Italy Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 56: Italy Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 57: Italy Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 58: Italy Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 59: Italy Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 60: Italy Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 61: Spain Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 62: Spain Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 63: Spain Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 64: Spain Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 65: Spain Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 66: Spain Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 67: Russia & CIS Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 68: Russia & CIS Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 69: Russia & CIS Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 70: Russia & CIS Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 71: Russia & CIS Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 72: Russia & CIS Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 73: Rest of Europe Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 74: Rest of Europe Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 75: Rest of Europe Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 76: Rest of Europe Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 77: Rest of Europe Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 78: Rest of Europe Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 79: Asia Pacific Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 80: Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 81: Asia Pacific Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 82: Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 83: Asia Pacific Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 84: Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 85: Asia Pacific Solar Appliances Market Volume (Units) Forecast, by Country and Sub-region, 2020–2031

Table 86: Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031

Table 87: China Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 88: China Solar Appliances Market Value (US$ Bn) Forecast, by Type 2020–2031

Table 89: China Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 90: China Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 91: China Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 92: China Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 93: Japan Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 94: Japan Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 95: Japan Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 96: Japan Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 97: Japan Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 98: Japan Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 99: India Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 100: India Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 101: India Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 102: India Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 103: India Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 104: India Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 105: ASEAN Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 106: ASEAN Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 107: ASEAN Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 108: ASEAN Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 109: ASEAN Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 110: ASEAN Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 111: Rest of Asia Pacific Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 112: Rest of Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 113: Rest of Asia Pacific Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 114: Rest of Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 115: Rest of Asia Pacific Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 116: Rest of Asia Pacific Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 117: Latin America Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 118: Latin America Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 119: Latin America Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 120: Latin America Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 121: Latin America Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 122: Latin America Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 123: Latin America Solar Appliances Market Volume (Units) Forecast, by Country and Sub-region, 2020–2031

Table 124: Latin America Solar Appliances Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031

Table 125: Brazil Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 126: Brazil Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 127: Brazil Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 128: Brazil Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 129: Brazil Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 130: Brazil Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 131: Mexico Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 132: Mexico Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 133: Mexico Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 134: Mexico Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 135: Mexico Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 136: Mexico Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 137: Rest of Latin America Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 138: Rest of Latin America Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 139: Rest of Latin America Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 140: Rest of Latin America Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 141: Rest of Latin America Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 142: Rest of Latin America Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 143: Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 144: Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 145: Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 146: Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 147: Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 148: Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 149: Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by Country and Sub-region, 2020–2031

Table 150: Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031

Table 151: GCC Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 152: GCC Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 153: GCC Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 154: GCC Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 155: GCC Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 156: GCC Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 157: South Africa Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 158: South Africa Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 159: South Africa Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 160: South Africa Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 161: South Africa Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 162: South Africa Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

Table 163: Rest of Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by Type, 2020–2031

Table 164: Rest of Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by Type, 2020–2031

Table 165: Rest of Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by Appliance, 2020–2031

Table 166: Rest of Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by Appliance, 2020–2031

Table 167: Rest of Middle East & Africa Solar Appliances Market Volume (Units) Forecast, by End-use, 2020–2031

Table 168: Rest of Middle East & Africa Solar Appliances Market Value (US$ Bn) Forecast, by End-use, 2020–2031

List of Figures

Figure 1: Global Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 2: Global Solar Appliances Market Attractiveness, by Type

Figure 3: Global Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 4: Global Solar Appliances Market Attractiveness, by Appliance

Figure 5: Global Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 6: Global Solar Appliances Market Attractiveness, by End-use

Figure 7: Global Solar Appliances Market Volume Share Analysis, by Region, 2022, 2025, and 2031

Figure 8: Global Solar Appliances Market Attractiveness, by Region

Figure 9: North America Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 10: North America Solar Appliances Market Attractiveness, by Type

Figure 11: North America Solar Appliances Market Attractiveness, by Type

Figure 12: North America Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 13: North America Solar Appliances Market Attractiveness, by Appliance

Figure 14: North America Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 15: North America Solar Appliances Market Attractiveness, by End-use

Figure 16: North America Solar Appliances Market Attractiveness, by Country

Figure 17: Europe Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 18: Europe Solar Appliances Market Attractiveness, by Type

Figure 19: Europe Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 20: Europe Solar Appliances Market Attractiveness, by Appliance

Figure 21: Europe Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 22: Europe Solar Appliances Market Attractiveness, by End-use

Figure 23: Europe Solar Appliances Market Volume Share Analysis, by Country and Sub-region, 2022, 2025, and 2031

Figure 24: Europe Solar Appliances Market Attractiveness, by Country and Sub-region

Figure 25: Asia Pacific Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 26: Asia Pacific Solar Appliances Market Attractiveness, by Type

Figure 27: Asia Pacific Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 28: Asia Pacific Solar Appliances Market Attractiveness, by Appliance

Figure 29: Asia Pacific Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 30: Asia Pacific Solar Appliances Market Attractiveness, by End-use

Figure 31: Asia Pacific Solar Appliances Market Volume Share Analysis, by Country and Sub-region, 2022, 2025, and 2031

Figure 32: Asia Pacific Solar Appliances Market Attractiveness, by Country and Sub-region

Figure 33: Latin America Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 34: Latin America Solar Appliances Market Attractiveness, by Type

Figure 35: Latin America Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 36: Latin America Solar Appliances Market Attractiveness, by Appliance

Figure 37: Latin America Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 38: Latin America Solar Appliances Market Attractiveness, by End-use

Figure 39: Latin America Solar Appliances Market Volume Share Analysis, by Country and Sub-region, 2022, 2025, and 2031

Figure 40: Latin America Solar Appliances Market Attractiveness, by Country and Sub-region

Figure 41: Middle East & Africa Solar Appliances Market Volume Share Analysis, by Type, 2022, 2025, and 2031

Figure 42: Middle East & Africa Solar Appliances Market Attractiveness, by Type

Figure 43: Middle East & Africa Solar Appliances Market Volume Share Analysis, by Appliance, 2022, 2025, and 2031

Figure 44: Middle East & Africa Solar Appliances Market Attractiveness, by Appliance

Figure 45: Middle East & Africa Solar Appliances Market Volume Share Analysis, by End-use, 2022, 2025, and 2031

Figure 46: Middle East & Africa Solar Appliances Market Attractiveness, by End-use

Figure 47: Middle East & Africa Solar Appliances Market Volume Share Analysis, by Country and Sub-region, 2022, 2025, and 2031

Figure 48: Middle East & Africa Solar Appliances Market Attractiveness, by Country and Sub-region

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