Solar Appliances Market Size & Share, by Type (Solar Photovoltaic, Solar Thermal); Appliance (Solar Lighting, Solar Cooking, Solar Water Heating, Solar Air Conditioning, Solar Inverter, Solar Refrigerator); End-user (Industrial, Commercial, Residential) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4977
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Top Featured Companies Dominating the Global Solar Appliances Market

    • Canadian Solar Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • FTC Solar, Inc.
    • The Solaria Corporation
    • SunPower Corporation
    • Trina Solar Co., Ltd
    • LG Electronics Inc.
    • REC Solar EMEA GmbH
    • Hanwha Q CELLS GmbH
    • First Solar, Inc.
    • Jinko Solar

Browse Key Market Insights with Data Illustration:


In The News

  • Recurrent Energy, LLC, a subsidiary of Canadian Solar Inc. has signed an agreement with EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc., and a large healthcare company for 100% production capacity of the Liberty Solar project, 100 MWac solar project, in Liberty County, Texas.
  • FTC Solar, Inc. has launched Voyager+, the next generation of its single-axis Voyager tracker, engineered to provide compatibility with new large-format solar modules

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 4977
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for an uninterrupted supply of electricity and the rise in the use of electricity are considered to be major factors contributing to market size expansion.

The market size of solar appliances is anticipated to attain a CAGR of 15% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Canadian Solar Inc., FTC Solar, Inc., The Solaria Corporation, SunPower Corporation, Trina Solar Co., Ltd, LG Electronics Inc., REC Solar EMEA GmbH, Hanwha Q CELLS GmbH, First Solar, Inc., Jinko Solar, and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, end-use, and region.

The residential segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Lack of awareness regarding solar power along with the requirement of high initial investments are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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