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Solar power systems are equipped with solar power equipment, which harness sun?s energy and convert it into electricity for further use by industrial, utility, commercial, or residential sectors.
This report aims to provide a comprehensive presentation of the global market for Solar Power Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Power Equipment. This report contains market size and forecasts of Solar Power Equipment in global, including the following market information:

• Global Solar Power Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Solar Power Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
• Global top five Solar Power Equipment companies in 2022 (%)

The global Solar Power Equipment market was valued at US$ 77290 million in 2022 and is projected to reach US$ 122360 million by 2029, at a CAGR of 6.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Factors such as increase in construction activities and various government policies to deploy solar power systems are expected to drive the adoption of solar power equipment, thereby boosting the growth of the market. In addition, increased emphasis on use of green and eco-friendly energy is expected to propel the growth of the global solar power equipment industry.
We surveyed the Solar Power Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Power Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Power Equipment Market Segment Percentages, by Type, 2022 (%)

• Solar Panels
• Mounting, Racking and Tracking System
• Storage System
• Others

Global Solar Power Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Power Equipment Market Segment Percentages, by Application, 2022 (%)

• Residential
• Nonresidential
• Utility

Global Solar Power Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Power Equipment Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Power Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solar Power Equipment revenues share in global market, 2022 (%)
Key companies Solar Power Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Solar Power Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• ABB Group
• Canadian Solar
• First Solar
• Hanwha Q CELLS
• JA Solar
• JinkoSolar
• LONGi Solar
• Shunfeng International
• SunPower Corporation
• Trina Solar

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Solar Power Equipment, market overview.
• Chapter 2: Global Solar Power Equipment market size in revenue and volume.
• Chapter 3: Detailed analysis of Solar Power Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Solar Power Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Solar Power Equipment capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.