The global market value of utility-scale solar energy systems stood at roughly 117.3 billion U.S. dollars in 2023, accounting for roughly 65 percent of the solar energy system market that year. The residential segment came in second with a market value of 26.8 billion U.S. dollars that year.
More information about the global market for solar energy systems can be found here.
Market value of solar energy systems worldwide in 2023, by end-use segment
(in billion U.S. dollars)
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Extrapolate. (March 11, 2024). Market value of solar energy systems worldwide in 2023, by end-use segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/
Extrapolate. "Market value of solar energy systems worldwide in 2023, by end-use segment (in billion U.S. dollars)." Chart. March 11, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/
Extrapolate. (2024). Market value of solar energy systems worldwide in 2023, by end-use segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/
Extrapolate. "Market Value of Solar Energy Systems Worldwide in 2023, by End-use Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Mar 2024, https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/
Extrapolate, Market value of solar energy systems worldwide in 2023, by end-use segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/ (last visited January 08, 2025)
Market value of solar energy systems worldwide in 2023, by end-use segment (in billion U.S. dollars) [Graph], Extrapolate, March 11, 2024. [Online]. Available: https://www.statista.com/statistics/1456890/global-market-size-solar-energy-systems-by-segment/
