Global Grid-connected PV System Market Growth 2025-2031

The global Grid-connected PV System market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A grid-connected photovoltaic system, or grid-connected PV system is an electricity generating solar PV power system that is connected to the utility grid. A grid-connected PV system consists of solar panels, one or several inverters, a power conditioning unit and grid connection equipment. They range from small residential and commercial rooftop systems to large utility-scale solar power stations. When conditions are right, the grid-connected PV system supplies the excess power, beyond consumption by the connected load, to the utility grid.

United States market for Grid-connected PV System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Grid-connected PV System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Grid-connected PV System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Grid-connected PV System players cover Esolar, CSIQ, EAST, HNAC, Canadian Solar, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Grid-connected PV System Industry Forecast” looks at past sales and reviews total world Grid-connected PV System sales in 2024, providing a comprehensive analysis by region and market sector of projected Grid-connected PV System sales for 2025 through 2031. With Grid-connected PV System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid-connected PV System industry.

This Insight Report provides a comprehensive analysis of the global Grid-connected PV System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grid-connected PV System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grid-connected PV System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid-connected PV System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid-connected PV System.

This report presents a comprehensive overview, market shares, and growth opportunities of Grid-connected PV System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Centralized
Distributed

Segmentation by Application:
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Esolar
CSIQ
EAST
HNAC
Canadian Solar
Hanwha Group
Huawei
JA SOLAR
JinkoSolar
Trina Solar
Zhejiang Tianci New Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grid-connected PV System market?

What factors are driving Grid-connected PV System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Grid-connected PV System market opportunities vary by end market size?

How does Grid-connected PV System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.