Solar Electricity Market 2023 - By Share, Current Trends, Opportunities, Growth Size And Forecast To 2032

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Solar Electricity Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Solar Electricity Market Segments
The Business Research Company segments its Solar
Electricity market report as
Photovoltaic Systems, Concentrated Solar Power
Systems
By Type
Monocrystalline, Polycrystalline , Cadmium
Telluride, Amorphous Silicon Cells, Other Solar
Modules
By Technology
Residential, Commercial, Industrial
By Solar Module
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Solar Electricity Market Statistics
The global solar electricity market size will
grow from 87.07 billion in 2022 to 106.62
billion in 2023 at a compound annual growth rate
(CAGR) of 22.5. The market size of the global
solar electricity is expected to grow to 228.59
billion in 2027 at a CAGR of 21.0.
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Key Market Drivers And Trends
Drivers
Rising investments from government organizations
have contributed to the growth of the solar
electricity market.
Trends
Artificial intelligence is being used
increasingly to meet the rising demands of the
solar power market.
Region
Asia-Pacific was the largest region in the solar
electricity market in 2022. The regions covered
in the global solar electricity market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East, and
Africa.
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Key Market Players

• Major players in the Solar Electricity market
  are
• Enel SpA
• Exelon Corp.
• Dominion Energy Inc.
• Engie S.A
• Canadian Solar Inc.
• And more.

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