Summary

On-Grid Solar PV Market is valued at US$183.4 billion in 2025 and is projected to grow at a CAGR of 9% to reach US$398.33 billion by 2034.

Market Overview:
The on-grid solar PV market is characterized by its integration with the main electricity grid, allowing for the efficient distribution and consumption of solar energy. This sector encompasses the entire value chain from the manufacturing of photovoltaic cells to their installation and maintenance. Key applications include residential, commercial, and industrial uses, where solar PV systems help reduce reliance on fossil fuels while promoting sustainable energy solutions. Recent trends indicate a rising adoption of smart grid technologies and energy storage systems which enhance the efficiency and reliability of solar energy supply. The market is driven by increasing government incentives, technological advancements, and a growing awareness of environmental sustainability. However, challenges such as high initial investment costs and regulatory hurdles persist, affecting market growth.
The competitive landscape is marked by the presence of several global and regional players, each striving to innovate and capture market share through improved efficiency and cost-effectiveness. Regional dynamics reveal a strong momentum in areas with abundant sunlight and supportive government policies, particularly in Asia and North America. Europe, with its stringent environmental standards, also continues to be a significant player in the market. However, regions with less developed infrastructure face challenges in adopting on-grid solar solutions. The demand for cleaner energy sources continues to drive the market, with investments flowing into research and development to overcome existing technical limitations and enhance the scalability of solar PV systems.
Key Insights:
• The on-grid solar PV market is witnessing a surge in technological innovations, particularly in the development of more efficient photovoltaic cells and inverters, which are crucial for enhancing overall system performance and energy conversion rates.
• Government incentives and subsidies are significantly influencing market dynamics, with policies aimed at reducing carbon footprints and promoting renewable energy sources bolstering installation rates across various regions.
• A notable trend is the integration of solar PV systems with smart grid technologies, enabling better energy management and grid stability, which is crucial in areas with high solar penetration.
• Challenges such as high initial capital costs and complex regulatory frameworks continue to impede market growth, especially in emerging economies where financial and policy support is limited.
• The competitive landscape is dominated by a mix of established players and new entrants, leading to increased investments in research and development to achieve greater market differentiation.
• Regional dynamics are influenced by geographical and climatic conditions, with countries in sunny regions experiencing higher adoption rates due to more favorable solar conditions.
• The residential sector is emerging as a significant end-user, driven by decreasing costs of solar panels and growing consumer awareness of energy sustainability benefits.
• Industry consolidation through mergers and acquisitions is prevalent as companies aim to expand their market presence and leverage economies of scale in production and distribution.
• Regulatory standards on energy efficiency and environmental impact are shaping product offerings, compelling manufacturers to develop more eco-friendly and compliant solar solutions.
• Region-specific factors such as political stability, economic conditions, and public awareness levels are crucial in determining the pace and scale of on-grid solar PV adoption.
Market Segmentation:


o Component

o Solar Panels

o Inverters

o Mounting Structures

o Balance of System (BOS)




o End-User

o Residential

o Commercial

o Industrial

o Utility




o Type

o Monocrystalline Silicon

o Polycrystalline Silicon

o Thin-Film




o Application

o Roof-Top

o Ground-Mounted

o Floating Solar Panels





Key Companies Analysed:
• First Solar
• Canadian Solar
• SMA Solar Technology
• JinkoSolar
• Trina Solar
• SunPower Corporation
• LONGi Solar
• Talesun Solar
• Enphase Energy
• Yingli Solar
• JA Solar
• REC Group
• Risen Energy
• Hanwha Q CELLS
• GCL System Integration Technology
• SolarEdge Technologies
• Sharp Corporation
• Shunfeng International Clean Energy
• Fronius International
• Delta Electronics
• Huawei Technologies
• Seraphim Solar System
• Kyocera Corporation
• BYD Company
• Tata Power Solar"
On-Grid Solar PV Market_Deep-Dive Intelligence and Scenario-Led Forecasting
This report is designed for decision-makers who need more than a surface-level market snapshot. It combines rigorous analytical methods—Porter’s Five Forces, value chain mapping, supply–demand assessment, and scenario-based modelling—to translate complex market signals into clear, actionable intelligence. Beyond the core market, the analysis evaluates cross-sector influences from parent, derived, and substitute markets to reveal hidden dependencies, exposure points, and demand spillovers that can materially affect strategy.
Clients benefit from a clearer view of “what is driving what” in the ecosystem: trade and pricing analytics track international flows, key importing and exporting regions, and evolving regional price signals that shape profitability and sourcing decisions. Forecast scenarios integrate macroeconomic conditions, policy and regulatory direction (including carbon pricing and energy security priorities), and shifting customer behaviour, enabling leadership teams to stress-test plans, prioritize investments, and build resilient go-to-market and supply strategies with greater confidence.
On-Grid Solar PV Market Competitive Intelligence Built for Strategic Advantage
The report delivers a structured, decision-ready view of the competitive landscape using OG Analysis’ proprietary frameworks. It profiles leading companies across business models, product and service portfolios, operational footprints, financial performance indicators, and strategic priorities—helping clients benchmark competitors and identify capability gaps. Critical competitive moves such as mergers and acquisitions, technology collaborations, investment inflows, and regional expansions are analysed for their real implications on market power, differentiation, and route-to-market strength.
Clients can use these insights to sharpen positioning, validate partnership targets, and anticipate competitor moves before they impact pricing, access, or share. The report also highlights emerging players and innovation-led startups that are reshaping customer expectations and accelerating disruption. Regional intelligence pinpoints attractive investment destinations, evolving regulatory environments, and partnership ecosystems across key energy and industrial corridors—supporting smarter market entry, expansion sequencing, and risk-managed growth strategies.
Countries Covered:
• North America — Market data and outlook to 2034
• United States
• Canada
• Mexico
• Europe — Market data and outlook to 2034
• Germany
• United Kingdom
• France
• Italy
• Spain
• Netherlands
• Switzerland
• Poland
• Sweden
• Russia
• Asia-Pacific — Market data and outlook to 2034
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Malaysia
• Vietnam
• Middle East and Africa — Market data and outlook to 2034
• Saudi Arabia
• South Africa
• Iran
• UAE
• Egypt
• South and Central America — Market data and outlook to 2034
• Brazil
• Argentina
• Chile
• Peru
* We can include data and analysis of additional countries on demand.
On-Grid Solar PV Market Report (2024–2034): Research Methodology Built for Confident Decisions
This market report is developed using a robust, buyer-ready research process that blends primary interviews with domain experts across the On-Grid Solar PV value chain and deep secondary research from industry associations, government publications, trade databases, and verified company disclosures. Our analysts apply proprietary modeling techniques—including data triangulation, statistical correlation, and scenario planning—to validate assumptions and deliver dependable market sizing, segmentation, and forecasting outcomes.
For clients, this means the insights are not just descriptive—they are built to support high-stakes decisions such as market entry, capacity planning, pricing and sourcing strategy, competitive positioning, and investment prioritization. The result is a market intelligence package that reduces uncertainty, highlights where the market is going next, and explains the “why” behind the numbers.
Key Strategic Questions Answered in the On-Grid Solar PV Market Study (2024–2034)
This section brings together the most important client questions and the report’s core deliverables in one place—so you can quickly see how the study supports decisions on market entry, expansion, sourcing, pricing, partnerships, and investment. It provides global-to-country level visibility, segment-level prioritisation, supply chain and trade clarity, and competitive benchmarking—so stakeholders can move from market understanding to confident action.
• Market size, share, and forecast clarity: Current and forecast On-Grid Solar PV market size at global, regional, and country levels, including coverage across 5 regions and 27 countries (2024–2034), with the key forces shaping the trajectory.
• High-growth segment identification: Which types, products, applications, technologies, and end-user verticals are positioned for the fastest growth—supported by market size, share, and growth outlook (2024–2034).
• Supply chain resilience and cost impact: How supply chains are adapting to geopolitical disruptions, sanctions risks, and macroeconomic volatility, including implications for availability, lead times, and cost structure—supported by value chain/supply chain mapping.
• Trade flows and pricing intelligence: Practical “commercial reality checks” with trade analytics, pricing/price-trend analysis, and supply–demand dynamics to support sourcing, pricing strategy, and regional prioritisation.
• Geopolitical impact assessment: Scenario-based evaluation of how major conflict and tension zones (including Russia–Ukraine and broader Middle East dynamics, as well as wider energy and commodity corridor disruptions) influence trade routes, input costs, and supply continuity.
• Policy and sustainability lens: How regulatory frameworks, trade policies, and sustainability targets reshape demand patterns, customer requirements, and investment timing—helping clients anticipate compliance and capture advantage early.
• Competitive landscape and strategic benchmarking: Porter’s Five Forces, technology developments, and competitive positioning—plus profiles of 5 leading companies covering overview, product focus, key strategies, and financial snapshots.
• Regional hotspots and go-to-market guidance: Which regions and customer segments are likely to outperform—and which go-to-market, channel, and partnership models best support entry, scaling, and defensible positioning.
• Investable opportunities and 3–5 year priorities: Where the most attractive opportunities sit across technology roadmaps, sustainability-linked innovation, and M& A, and which segments are best positioned for near- to mid-term investment decisions.
• Latest market developments: A structured view of recent announcements, partnerships, expansions, and strategic moves shaping the On-Grid Solar PV competitive environment—so clients can act on shifts early.
Additional Support
With the purchase of this report, you will receive
• An updated PDF report and an MS Excel data workbook containing all market tables and figures for easy analysis.
• 7-day post-sale analyst support for clarifications and in-scope supplementary data, ensuring the deliverable aligns precisely with your requirements.
• Complimentary report update to incorporate the latest available data and the impact of recent market developments.
* The updated report will be delivered within 3 working days."

ページTOPに戻る

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global On-Grid Solar PV Market Summary, 2026
2.1 On-Grid Solar PV Industry Overview
2.1.1 Global On-Grid Solar PV Market Revenues (In US$ billion)
2.2 On-Grid Solar PV Market Scope
2.3 Research Methodology
3. On-Grid Solar PV Market Insights, 2025-2035
3.1 On-Grid Solar PV Market Drivers
3.2 On-Grid Solar PV Market Restraints
3.3 On-Grid Solar PV Market Opportunities
3.4 On-Grid Solar PV Market Challenges
3.5 Tariff Impact on Global On-Grid Solar PV Supply Chain Patterns
4. On-Grid Solar PV Market Analytics
4.1 On-Grid Solar PV Market Size and Share, Key Products, 2026 Vs 2035
4.2 On-Grid Solar PV Market Size and Share, Dominant Applications, 2026 Vs 2035
4.3 On-Grid Solar PV Market Size and Share, Leading End Uses, 2026 Vs 2035
4.4 On-Grid Solar PV Market Size and Share, High Growth Countries, 2026 Vs 2035
4.5 Five Forces Analysis for Global On-Grid Solar PV Market
4.5.1 On-Grid Solar PV Industry Attractiveness Index, 2026
4.5.2 On-Grid Solar PV Supplier Intelligence
4.5.3 On-Grid Solar PV Buyer Intelligence
4.5.4 On-Grid Solar PV Competition Intelligence
4.5.5 On-Grid Solar PV Product Alternatives and Substitutes Intelligence
4.5.6 On-Grid Solar PV Market Entry Intelligence
5. Global On-Grid Solar PV Market Statistics – Industry Revenue, Market Share, Growth Trends and Forecast by segments, to 2035
5.1 World On-Grid Solar PV Market Size, Potential and Growth Outlook, 2025- 2035 ($ billion)
5.1 Global On-Grid Solar PV Sales Outlook and CAGR Growth By Component, 2025- 2035 ($ billion)
5.2 Global On-Grid Solar PV Sales Outlook and CAGR Growth By End-User, 2025- 2035 ($ billion)
5.3 Global On-Grid Solar PV Sales Outlook and CAGR Growth By Type, 2025- 2035 ($ billion)
5.4 Global On-Grid Solar PV Sales Outlook and CAGR Growth By Application, 2025- 2035 ($ billion)
5.5 Global On-Grid Solar PV Market Sales Outlook and Growth by Region, 2025- 2035 ($ billion)
6. Asia Pacific On-Grid Solar PV Industry Statistics – Market Size, Share, Competition and Outlook
6.1 Asia Pacific On-Grid Solar PV Market Insights, 2026
6.2 Asia Pacific On-Grid Solar PV Market Revenue Forecast By Component, 2025- 2035 (USD billion)
6.3 Asia Pacific On-Grid Solar PV Market Revenue Forecast By End-User, 2025- 2035 (USD billion)
6.4 Asia Pacific On-Grid Solar PV Market Revenue Forecast By Type, 2025- 2035 (USD billion)
6.5 Asia Pacific On-Grid Solar PV Market Revenue Forecast By Application, 2025- 2035 (USD billion)
6.6 Asia Pacific On-Grid Solar PV Market Revenue Forecast by Country, 2025- 2035 (USD billion)
6.6.1 China On-Grid Solar PV Market Size, Opportunities, Growth 2025- 2035
6.6.2 India On-Grid Solar PV Market Size, Opportunities, Growth 2025- 2035
6.6.3 Japan On-Grid Solar PV Market Size, Opportunities, Growth 2025- 2035
6.6.4 Australia On-Grid Solar PV Market Size, Opportunities, Growth 2025- 2035
7. Europe On-Grid Solar PV Market Data, Penetration, and Business Prospects to 2035
7.1 Europe On-Grid Solar PV Market Key Findings, 2026
7.2 Europe On-Grid Solar PV Market Size and Percentage Breakdown By Component, 2025- 2035 (USD billion)
7.3 Europe On-Grid Solar PV Market Size and Percentage Breakdown By End-User, 2025- 2035 (USD billion)
7.4 Europe On-Grid Solar PV Market Size and Percentage Breakdown By Type, 2025- 2035 (USD billion)
7.5 Europe On-Grid Solar PV Market Size and Percentage Breakdown By Application, 2025- 2035 (USD billion)
7.6 Europe On-Grid Solar PV Market Size and Percentage Breakdown by Country, 2025- 2035 (USD billion)
7.6.1 Germany On-Grid Solar PV Market Size, Trends, Growth Outlook to 2035
7.6.2 United Kingdom On-Grid Solar PV Market Size, Trends, Growth Outlook to 2035
7.6.2 France On-Grid Solar PV Market Size, Trends, Growth Outlook to 2035
7.6.2 Italy On-Grid Solar PV Market Size, Trends, Growth Outlook to 2035
7.6.2 Spain On-Grid Solar PV Market Size, Trends, Growth Outlook to 2035
8. North America On-Grid Solar PV Market Size, Growth Trends, and Future Prospects to 2035
8.1 North America Snapshot, 2026
8.2 North America On-Grid Solar PV Market Analysis and Outlook By Component, 2025- 2035 ($ billion)
8.3 North America On-Grid Solar PV Market Analysis and Outlook By End-User, 2025- 2035 ($ billion)
8.4 North America On-Grid Solar PV Market Analysis and Outlook By Type, 2025- 2035 ($ billion)
8.5 North America On-Grid Solar PV Market Analysis and Outlook By Application, 2025- 2035 ($ billion)
8.6 North America On-Grid Solar PV Market Analysis and Outlook by Country, 2025- 2035 ($ billion)
8.6.1 United States On-Grid Solar PV Market Size, Share, Growth Trends and Forecast, 2025- 2035
8.6.1 Canada On-Grid Solar PV Market Size, Share, Growth Trends and Forecast, 2025- 2035
8.6.1 Mexico On-Grid Solar PV Market Size, Share, Growth Trends and Forecast, 2025- 2035
9. South and Central America On-Grid Solar PV Market Drivers, Challenges, and Future Prospects
9.1 Latin America On-Grid Solar PV Market Data, 2026
9.2 Latin America On-Grid Solar PV Market Future By Component, 2025- 2035 ($ billion)
9.3 Latin America On-Grid Solar PV Market Future By End-User, 2025- 2035 ($ billion)
9.4 Latin America On-Grid Solar PV Market Future By Type, 2025- 2035 ($ billion)
9.5 Latin America On-Grid Solar PV Market Future By Application, 2025- 2035 ($ billion)
9.6 Latin America On-Grid Solar PV Market Future by Country, 2025- 2035 ($ billion)
9.6.1 Brazil On-Grid Solar PV Market Size, Share and Opportunities to 2035
9.6.2 Argentina On-Grid Solar PV Market Size, Share and Opportunities to 2035
10. Middle East Africa On-Grid Solar PV Market Outlook and Growth Prospects
10.1 Middle East Africa Overview, 2026
10.2 Middle East Africa On-Grid Solar PV Market Statistics By Component, 2025- 2035 (USD billion)
10.3 Middle East Africa On-Grid Solar PV Market Statistics By End-User, 2025- 2035 (USD billion)
10.4 Middle East Africa On-Grid Solar PV Market Statistics By Type, 2025- 2035 (USD billion)
10.5 Middle East Africa On-Grid Solar PV Market Statistics By Application, 2025- 2035 (USD billion)
10.6 Middle East Africa On-Grid Solar PV Market Statistics by Country, 2025- 2035 (USD billion)
10.6.1 Middle East On-Grid Solar PV Market Value, Trends, Growth Forecasts to 2035
10.6.2 Africa On-Grid Solar PV Market Value, Trends, Growth Forecasts to 2035
11. On-Grid Solar PV Market Structure and Competitive Landscape
11.1 Key Companies in On-Grid Solar PV Industry
11.2 On-Grid Solar PV Business Overview
11.3 On-Grid Solar PV Product Portfolio Analysis
11.4 Financial Analysis
11.5 SWOT Analysis
12. Appendix
12.1 Global On-Grid Solar PV Market Volume (Tons)
12.1 Global On-Grid Solar PV Trade and Price Analysis
12.2 On-Grid Solar PV Parent Market and Other Relevant Analysis
12.3 Publisher Expertise
12.2 On-Grid Solar PV Industry Report Sources and Methodology