What is the market size for the solar energy market in south africa?

The Market is expected to grow by $ 3742.04 mn in 2024-2028. <a href='https://www.technavio.com/report/solar-energy-market-industry-in-south-africa-analysis'>Read More</a>

What is the CAGR for the solar energy market in south africa?

32.03% CAGR with $ 3742.04 mn Momentum. <a href='https://www.technavio.com/report/solar-energy-market-industry-in-south-africa-analysis'>Read More</a>

What is the growth rate of the Solar Energy Market in South Africa market?

32.03% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/solar-energy-market-industry-in-south-africa-analysis'>Read More</a>

Which region held the largest market share in the Solar Energy Market in South Africa market?

Middle East and Africa with 100% of the market growth. <a href='https://www.technavio.com/report/solar-energy-market-industry-in-south-africa-analysis'>Read More</a>

Who are the prominent players in the Solar Energy Market in South Africa market?

ARTsolar Pty Ltd, Canadian Solar Inc., Eaton Corp. Plc, Enel Spa, Ener G Africa, Energy Partners Solar Pty Ltd, ENGIE SA, FOXESS CO. LTD., Genergy, .... <a href='https://www.technavio.com/report/solar-energy-market-industry-in-south-africa-analysis'>Read More</a>

South Africa - Solar Energy Market by Application, End-user and Technology - Forecast and Analysis 2024-2028

Published: Feb 2024
Pages: 135
SKU: IRTNTR72193

Enjoy complimentary customisation on priority with our Enterprise License!

South Africa - Solar Energy Market 2024-2028

The South Africa - Solar Energy Market size is forecast to increase by USD 3,742.04 million, at a CAGR of 32.03% between 2023 and 2028. The report includes historic market data from 2018 - 2022. The market is witnessing a growing demand for the growing PAYG model, and the scaling up of renewables in transport.

Market Overview :

The market segmentation by Application is categorized as grid-connected and off-grid
The market segmentation by End-user is categorized as utility and rooftop
The market segmentation by Technology is categorized as photovoltaic systems and concentrated solar power systems
Grid-connected is fastest growing segment during the forecast year
The grid-connected segment was the largest segment and was valued at USD 570.85 million in 2018.
It also includes an in-depth analysis of the sunny climatic conditions, the scaling up of renewables in transport, and the competition from alternative energy sources.

For More Highlights About this Report, Download Free Sample in a Minute

Market Trends

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 08: Parent market
- Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 10: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 11: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 12: Chart on South Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 13: Data Table on South Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 14: Chart on South Africa: Year-over-year growth 2023-2028 (%)
- Exhibit 15: Data Table on South Africa: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Solar energy market in South Africa 2018 - 2022
- Exhibit 16: Historic Market Size – Data Table on solar energy market in south Africa 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 17: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 18: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.4 Technology Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Technology Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 20: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 23: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 24: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 25: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 27: Chart on Application - Market share 2023-2028 (%)
- Exhibit 28: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 29: Chart on Comparison by Application
- Exhibit 30: Data Table on Comparison by Application

6.3 Grid-connected - Market size and forecast 2023-2028
- Exhibit 31: Chart on Grid-connected - Market size and forecast 2023-2028 ($ million)
- Exhibit 32: Data Table on Grid-connected - Market size and forecast 2023-2028 ($ million)
- Exhibit 33: Chart on Grid-connected - Year-over-year growth 2023-2028 (%)
- Exhibit 34: Data Table on Grid-connected - Year-over-year growth 2023-2028 (%)

6.4 Off-grid - Market size and forecast 2023-2028
- Exhibit 35: Chart on Off-grid - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Data Table on Off-grid - Market size and forecast 2023-2028 ($ million)
- Exhibit 37: Chart on Off-grid - Year-over-year growth 2023-2028 (%)
- Exhibit 38: Data Table on Off-grid - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Application
- Exhibit 39: Market opportunity by Application ($ million)
- Exhibit 40: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 41: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 42: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 43: Chart on Comparison by End-user
- Exhibit 44: Data Table on Comparison by End-user

7.3 Utility - Market size and forecast 2023-2028
- Exhibit 45: Chart on Utility - Market size and forecast 2023-2028 ($ million)
- Exhibit 46: Data Table on Utility - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Chart on Utility - Year-over-year growth 2023-2028 (%)
- Exhibit 48: Data Table on Utility - Year-over-year growth 2023-2028 (%)

7.4 Rooftop - Market size and forecast 2023-2028
- Exhibit 49: Chart on Rooftop - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Data Table on Rooftop - Market size and forecast 2023-2028 ($ million)
- Exhibit 51: Chart on Rooftop - Year-over-year growth 2023-2028 (%)
- Exhibit 52: Data Table on Rooftop - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by End-user
- Exhibit 53: Market opportunity by End-user ($ million)
- Exhibit 54: Data Table on Market opportunity by End-user ($ million)

8 Market Segmentation by Technology

8.1 Market segments
- Exhibit 55: Chart on Technology - Market share 2023-2028 (%)
- Exhibit 56: Data Table on Technology - Market share 2023-2028 (%)

8.2 Comparison by Technology
- Exhibit 57: Chart on Comparison by Technology
- Exhibit 58: Data Table on Comparison by Technology

8.3 Photovoltaic systems - Market size and forecast 2023-2028
- Exhibit 59: Chart on Photovoltaic systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 60: Data Table on Photovoltaic systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Chart on Photovoltaic systems - Year-over-year growth 2023-2028 (%)
- Exhibit 62: Data Table on Photovoltaic systems - Year-over-year growth 2023-2028 (%)

8.4 Concentrated solar power systems - Market size and forecast 2023-2028
- Exhibit 63: Chart on Concentrated solar power systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 64: Data Table on Concentrated solar power systems - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Chart on Concentrated solar power systems - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Concentrated solar power systems - Year-over-year growth 2023-2028 (%)

8.5 Market opportunity by Technology
- Exhibit 67: Market opportunity by Technology ($ million)
- Exhibit 68: Data Table on Market opportunity by Technology ($ million)

9 Customer Landscape

9.1 Customer landscape overview
- Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 70: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 71: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 72: Overview on factors of disruption

11.4 Industry risks
- Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 74: Vendors covered

12.2 Market positioning of vendors
- Exhibit 75: Matrix on vendor position and classification

12.3 ARTsolar Pty Ltd
- Exhibit 76: ARTsolar Pty Ltd - Overview
- Exhibit 77: ARTsolar Pty Ltd - Product / Service
- Exhibit 78: ARTsolar Pty Ltd - Key offerings

12.4 Canadian Solar Inc.
- Exhibit 79: Canadian Solar Inc. - Overview
- Exhibit 80: Canadian Solar Inc. - Business segments
- Exhibit 81: Canadian Solar Inc. - Key news
- Exhibit 82: Canadian Solar Inc. - Key offerings
- Exhibit 83: Canadian Solar Inc. - Segment focus

12.5 Enel Spa
- Exhibit 84: Enel Spa - Overview
- Exhibit 85: Enel Spa - Product / Service
- Exhibit 86: Enel Spa - Key offerings

12.6 Energy Partners Solar Pty Ltd
- Exhibit 87: Energy Partners Solar Pty Ltd - Overview
- Exhibit 88: Energy Partners Solar Pty Ltd - Product / Service
- Exhibit 89: Energy Partners Solar Pty Ltd - Key offerings

12.7 ENGIE SA
- Exhibit 90: ENGIE SA - Overview
- Exhibit 91: ENGIE SA - Business segments
- Exhibit 92: ENGIE SA - Key offerings
- Exhibit 93: ENGIE SA - Segment focus

12.8 Genergy
- Exhibit 94: Genergy - Overview
- Exhibit 95: Genergy - Product / Service
- Exhibit 96: Genergy - Key offerings

12.9 IBC SOLAR AG
- Exhibit 97: IBC SOLAR AG - Overview
- Exhibit 98: IBC SOLAR AG - Product / Service
- Exhibit 99: IBC SOLAR AG - Key offerings

12.10 Jetion Solar China Co. Ltd.
- Exhibit 100: Jetion Solar China Co. Ltd. - Overview
- Exhibit 101: Jetion Solar China Co. Ltd. - Product / Service
- Exhibit 102: Jetion Solar China Co. Ltd. - Key offerings

12.11 Jiangsu Seraphim Solar System Co. Ltd.
- Exhibit 103: Jiangsu Seraphim Solar System Co. Ltd. - Overview
- Exhibit 104: Jiangsu Seraphim Solar System Co. Ltd. - Product / Service
- Exhibit 105: Jiangsu Seraphim Solar System Co. Ltd. - Key offerings

12.12 Jiangsu Zhongli Group Co. Ltd.
- Exhibit 106: Jiangsu Zhongli Group Co. Ltd. - Overview
- Exhibit 107: Jiangsu Zhongli Group Co. Ltd. - Product / Service
- Exhibit 108: Jiangsu Zhongli Group Co. Ltd. - Key offerings

12.13 JinkoSolar Holding Co. Ltd.
- Exhibit 109: JinkoSolar Holding Co. Ltd. - Overview
- Exhibit 110: JinkoSolar Holding Co. Ltd. - Product / Service
- Exhibit 111: JinkoSolar Holding Co. Ltd. - Key offerings

12.14 Renenergy
- Exhibit 112: Renenergy - Overview
- Exhibit 113: Renenergy - Product / Service
- Exhibit 114: Renenergy - Key offerings

12.15 Sharp Corp.
- Exhibit 115: Sharp Corp. - Overview
- Exhibit 116: Sharp Corp. - Business segments
- Exhibit 117: Sharp Corp. - Key news
- Exhibit 118: Sharp Corp. - Key offerings
- Exhibit 119: Sharp Corp. - Segment focus

12.16 SunPower Corp.
- Exhibit 120: SunPower Corp. - Overview
- Exhibit 121: SunPower Corp. - Product / Service
- Exhibit 122: SunPower Corp. - Key news
- Exhibit 123: SunPower Corp. - Key offerings

12.17 Trina Solar Co. Ltd.
- Exhibit 124: Trina Solar Co. Ltd. - Overview
- Exhibit 125: Trina Solar Co. Ltd. - Product / Service
- Exhibit 126: Trina Solar Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources