Solar PV EPC Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION
An EPC is defined as a contractor that accepts the full responsibility for a solar PV project or part thereof. Full responsibility includes services such as design, engineering, procurement, construction & project management.


MARKET DYNAMICS
The solar industry is witnessing a significant upsurge in the adoption of PV modules owing to rising clean energy requirements across the power grid. Growing emphasis on centralized electrical networks along with the deployment of large-scale renewable projects will fuel the demand for >10 MW to 50 MW capacity. Frequent power outages and the lack of efficient electrical infrastructure shift facilities toward self-sufficient power generation sources will fuel the utility solar PV EPC market expansion.


MARKET SCOPE
The ˜Global Solar PV EPC Market' is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the solar PV EPC market with detailed market segmentation by capacity, application. The global Solar PV EPC market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Solar PV EPC market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
1. By Capacity: On the basis of capacity the market is divided into 10 MW, >10 MW to 50 MW, >50 MW to 200 MW, >200 MW.
2. By Application: On the basis of Application the market is divided into Residential, Commercial and Utility uses.


REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Solar PV EPC market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the Solar PV EPC market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Solar PV EPC market in these regions.
IMPACT OF COVID 19
The outbreak of the novel coronavirus (COVID-19), and the possibility of prolonged quarantine and mitigation responses, will impact manufacturing and supply of key equipment and materials used in the construction of solar energy facilities. The COVID-19 outbreak did not significantly impact the solar energy market, as growth was witnessed in the solar PV installed capacity in 2021 compared to 2021. The cumulative growth in electricity generation by solar energy sources also accelerated in 2021.

Solar PV EPC Market Report Analysis

Solar PV EPC Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• SunPower Corporation
• SUNGROW
• Bharat Heavy Electricals Limited
• Sterling and Wilson
• Swinerton Renewable Energy
• Risen Energy
• Tata Power Solar Systems
• Power Construction Corporation of China
• Ritis Meera Infra Energy

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Capacity

• Below 10 MW
• 10 MW to 50 MW
• 50 MW to 200 MW
• Above 200 MW

By Application

• Residential
• Commercial
• Utility uses

MARKET PLAYERS
The report covers vital developments in the Solar PV EPC Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Solar PV EPC Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Solar PV EPC in the global market. Below mentioned is the list of a few companies engaged in the Solar PV EPC Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Solar PV EPC market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•   SunPower Corporation
  
•   SUNGROW
  
•   Bharat Heavy Electricals Limited
  
•   Sterling and Wilson
  
•   Swinerton Renewable Energy
  
•   Risen Energy
  
•   Tata Power Solar Systems
  
•   Power Construction Corporation of China
  
•   Ritis Meera Infra Energy
  
•   ACME Solar
  
•   Eiffage
  
  

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Solar PV EPC Market Report Scope