Global Solar Electric Power Generation Market is Estimated to Reach $435 Billion by 2025
Global Solar Electric Power Generation Market report published by Accurize Market Research forecast that the global market is expected to reach $435 billion by 2025; growing at a CAGR of 24.3% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Rising demand for energy along with growing part of renewable in power generation across the globe to drive the growth of the market
Rising demand for energy along with growing part of renewable in power generation fuels the demand for the global solar electric power generation market. Furthermore, government support and supervision for solar energy projects in several countries also boosts the growth of the market.
The global solar electric power generation market has been bifurcated on the basis of technology, solar module, application, generation and geography. By technology, the segmentation is given as photovoltaic cells, inorganic, organic, concentrated solar power systems, parabolic troughs, solar tower and others. By solar module, the segmentation is given as mono-crystalline silicon cells, polycrystalline s