

The global market for Grid-connected Photovoltaic Power Generation System was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
The solar photovoltaic power generation system connected to the public grid is called a grid-connected photovoltaic power generation system. The system structure includes solar cell arrays, DC/DC converters, DC/AC inverters, AC loads, transformers and other components.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.52 GW.
This report aims to provide a comprehensive presentation of the global market for Grid-connected Photovoltaic Power Generation System, 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 Grid-connected Photovoltaic Power Generation System.
The Grid-connected Photovoltaic Power Generation System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Grid-connected Photovoltaic Power Generation System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-connected Photovoltaic Power Generation System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
CSIQ
EAST
HNAC
Canadian Solar
Hanwha Group
Huawei Technologies
JA SOLAR
JinkoSolar
Trina Solar
Segment by Type
With Battery
Without Battery
Segment by Application
Residential
Commercial
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Grid-connected Photovoltaic Power Generation System company competitive landscape, 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Grid-connected Photovoltaic Power Generation System Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 With Battery
1.2.3 Without Battery
1.3 Market by Application
1.3.1 Global Grid-connected Photovoltaic Power Generation System Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Grid-connected Photovoltaic Power Generation System Market Perspective (2020-2031)
2.2 Global Grid-connected Photovoltaic Power Generation System Growth Trends by Region
2.2.1 Global Grid-connected Photovoltaic Power Generation System Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Grid-connected Photovoltaic Power Generation System Historic Market Size by Region (2020-2025)
2.2.3 Grid-connected Photovoltaic Power Generation System Forecasted Market Size by Region (2026-2031)
2.3 Grid-connected Photovoltaic Power Generation System Market Dynamics
2.3.1 Grid-connected Photovoltaic Power Generation System Industry Trends
2.3.2 Grid-connected Photovoltaic Power Generation System Market Drivers
2.3.3 Grid-connected Photovoltaic Power Generation System Market Challenges
2.3.4 Grid-connected Photovoltaic Power Generation System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Grid-connected Photovoltaic Power Generation System Players by Revenue
3.1.1 Global Top Grid-connected Photovoltaic Power Generation System Players by Revenue (2020-2025)
3.1.2 Global Grid-connected Photovoltaic Power Generation System Revenue Market Share by Players (2020-2025)
3.2 Global Grid-connected Photovoltaic Power Generation System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Grid-connected Photovoltaic Power Generation System Revenue
3.4 Global Grid-connected Photovoltaic Power Generation System Market Concentration Ratio
3.4.1 Global Grid-connected Photovoltaic Power Generation System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Grid-connected Photovoltaic Power Generation System Revenue in 2024
3.5 Global Key Players of Grid-connected Photovoltaic Power Generation System Head office and Area Served
3.6 Global Key Players of Grid-connected Photovoltaic Power Generation System, Product and Application
3.7 Global Key Players of Grid-connected Photovoltaic Power Generation System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Grid-connected Photovoltaic Power Generation System Breakdown Data by Type
4.1 Global Grid-connected Photovoltaic Power Generation System Historic Market Size by Type (2020-2025)
4.2 Global Grid-connected Photovoltaic Power Generation System Forecasted Market Size by Type (2026-2031)
5 Grid-connected Photovoltaic Power Generation System Breakdown Data by Application
5.1 Global Grid-connected Photovoltaic Power Generation System Historic Market Size by Application (2020-2025)
5.2 Global Grid-connected Photovoltaic Power Generation System Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Grid-connected Photovoltaic Power Generation System Market Size (2020-2031)
6.2 North America Grid-connected Photovoltaic Power Generation System Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Grid-connected Photovoltaic Power Generation System Market Size by Country (2020-2025)
6.4 North America Grid-connected Photovoltaic Power Generation System Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Grid-connected Photovoltaic Power Generation System Market Size (2020-2031)
7.2 Europe Grid-connected Photovoltaic Power Generation System Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Grid-connected Photovoltaic Power Generation System Market Size by Country (2020-2025)
7.4 Europe Grid-connected Photovoltaic Power Generation System Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Grid-connected Photovoltaic Power Generation System Market Size (2020-2031)
8.2 Asia-Pacific Grid-connected Photovoltaic Power Generation System Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Grid-connected Photovoltaic Power Generation System Market Size by Region (2020-2025)
8.4 Asia-Pacific Grid-connected Photovoltaic Power Generation System Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Grid-connected Photovoltaic Power Generation System Market Size (2020-2031)
9.2 Latin America Grid-connected Photovoltaic Power Generation System Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Grid-connected Photovoltaic Power Generation System Market Size by Country (2020-2025)
9.4 Latin America Grid-connected Photovoltaic Power Generation System Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Grid-connected Photovoltaic Power Generation System Market Size (2020-2031)
10.2 Middle East & Africa Grid-connected Photovoltaic Power Generation System Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Grid-connected Photovoltaic Power Generation System Market Size by Country (2020-2025)
10.4 Middle East & Africa Grid-connected Photovoltaic Power Generation System Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 CSIQ
11.1.1 CSIQ Company Details
11.1.2 CSIQ Business Overview
11.1.3 CSIQ Grid-connected Photovoltaic Power Generation System Introduction
11.1.4 CSIQ Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.1.5 CSIQ Recent Development
11.2 EAST
11.2.1 EAST Company Details
11.2.2 EAST Business Overview
11.2.3 EAST Grid-connected Photovoltaic Power Generation System Introduction
11.2.4 EAST Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.2.5 EAST Recent Development
11.3 HNAC
11.3.1 HNAC Company Details
11.3.2 HNAC Business Overview
11.3.3 HNAC Grid-connected Photovoltaic Power Generation System Introduction
11.3.4 HNAC Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.3.5 HNAC Recent Development
11.4 Canadian Solar
11.4.1 Canadian Solar Company Details
11.4.2 Canadian Solar Business Overview
11.4.3 Canadian Solar Grid-connected Photovoltaic Power Generation System Introduction
11.4.4 Canadian Solar Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.4.5 Canadian Solar Recent Development
11.5 Hanwha Group
11.5.1 Hanwha Group Company Details
11.5.2 Hanwha Group Business Overview
11.5.3 Hanwha Group Grid-connected Photovoltaic Power Generation System Introduction
11.5.4 Hanwha Group Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.5.5 Hanwha Group Recent Development
11.6 Huawei Technologies
11.6.1 Huawei Technologies Company Details
11.6.2 Huawei Technologies Business Overview
11.6.3 Huawei Technologies Grid-connected Photovoltaic Power Generation System Introduction
11.6.4 Huawei Technologies Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.6.5 Huawei Technologies Recent Development
11.7 JA SOLAR
11.7.1 JA SOLAR Company Details
11.7.2 JA SOLAR Business Overview
11.7.3 JA SOLAR Grid-connected Photovoltaic Power Generation System Introduction
11.7.4 JA SOLAR Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.7.5 JA SOLAR Recent Development
11.8 JinkoSolar
11.8.1 JinkoSolar Company Details
11.8.2 JinkoSolar Business Overview
11.8.3 JinkoSolar Grid-connected Photovoltaic Power Generation System Introduction
11.8.4 JinkoSolar Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.8.5 JinkoSolar Recent Development
11.9 Trina Solar
11.9.1 Trina Solar Company Details
11.9.2 Trina Solar Business Overview
11.9.3 Trina Solar Grid-connected Photovoltaic Power Generation System Introduction
11.9.4 Trina Solar Revenue in Grid-connected Photovoltaic Power Generation System Business (2020-2025)
11.9.5 Trina Solar Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
CSIQ
EAST
HNAC
Canadian Solar
Hanwha Group
Huawei Technologies
JA SOLAR
JinkoSolar
Trina Solar
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*If Applicable.