The global market for solar energy was valued at $492.7 billion in 2025 and, is estimated to reach $582.7 billion by 2026 and $974.7 billion by 2031, at a compound annual growth rate (CAGR) of 10.8% from 2026 through 2031.
Report Scope
In this report, the global solar energy market is segmented and analyzed by technology, end-use industry, and region. The market size is provided in value ($ million) and volume (megawatts). The scope of the report extends to sizing the solar energy market with market data for solar installations at the global level. The report covers different types of solar energy technologies and the country-wise analysis. It also discusses market dynamics, emerging technologies, global developments, technological advances, climate regulations, and technical standards. The report also includes a value chain analysis and Porter's Five Forces analysis.
Report Includes
- 107 data tables and 52 additional tables
- An overview and analysis of the global solar energy market
- Analyses of global market trends, with revenue estimates and forecasts in current U.S. dollars
- Market evaluation based on technology, solar module type, end-use industry, and region
- Detailed analysis of PV technologies, including crystalline silicon and thin-film, and CSP technologies such as parabolic trough, solar power tower, Fresnel reflectors, and dish Stirling
- Discussion of market dynamics, including drivers, restraints, opportunities, and challenges
- Review of the regulatory landscape affecting the solar energy market
- Analysis of emerging technologies, key developments, and the impact of synergy between data centers and solar energy
- Evaluation of supply chain and logistics
- Competitive intelligence, including market share analysis, strategic developments, and M&A and venture funding activity
- Company profiles of major players within the industry, including Jinko Solar, LONGi, JA Solar Technology Co. Ltd., Trinasolar, and Tongwei Co. Ltd.