Saudi Arabia Solar PV Module Market by Technology, by Product Type, by Connectivity, by Mounting and by End Use: Industry Analysis, Trends, Growth and Forecast 2023-2028

Saudi Arabia Solar PV Module Market Overview:

The Saudi Arabia solar pv module market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia solar pv module market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. 

The report analyses the competitive structure of the Saudi Arabia solar pv module market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Saudi Arabia solar pv module market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia solar pv module market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Saudi Arabia solar pv module market industry. Furthermore, the value chain analysis of the Saudi Arabia solar pv module market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Saudi Arabia Solar PV Module Market Segment Insights:

The Saudi Arabia solar pv module market has been analysed as followed:

By Technology:

  • Thin Film
  • Crystalline Silicon
  • Others

By Product Type:

  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride
  • Amorphous Silicon
  • Others

By Connectivity:

  • On-Grid
  • Off-Grid

By Mounting:

  • Ground Mounted
  • Roof-Top

By End Use:

  • Residential
  • Commercial
  • Industrial

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.  Some of the leading players operating in the market are:

  • Desert Technologies
  • Egphil Solar Solutions
  • Haala Energy
  • Hanwha Group
  • Meeco AG
  • National Solar Systems
  • Saudi American Solar
  • Sharp Middle East (Sharp Corporation)
  • Sun Capture and Vista Eco.

Highlights of the Saudi Arabia Solar PV Module Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The Saudi Arabia solar pv market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1   Preface
2   Scope and Methodology
 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Saudi Arabia Solar PV Module Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Technology
    6.1    Thin Film
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Crystalline Silicon 
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others 
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Product Type
    7.1    Monocrystalline 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Polycrystalline
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Cadmium Telluride
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Amorphous Silicon
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Connectivity
    8.1    On-Grid
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Off-Grid
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Mounting
    9.1    Ground Mounted 
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Roof-Top 
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by End Use
    10.1    Residential
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Commercial
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Industrial
        10.3.1 Market Trends
        10.3.2 Market Forecast 
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Desert Technologies
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
        14.3.2    Egphil Solar Solutions
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Haala Energy
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Hanwha Group
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Meeco AG
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    National Solar Systems
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Saudi American Solar
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Sharp Middle East (Sharp Corporation)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Sun Capture
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Vista Eco
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio

List of Figures

Figure 1: Saudi Arabia: Solar PV Module Market: Major Drivers and Challenges
Figure 2: Saudi Arabia: Solar PV Module Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Saudi Arabia: Solar PV Module Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Saudi Arabia: Solar PV Module Market: Breakup by Technology (in %), 2022
Figure 5: Saudi Arabia: Solar PV Module Market: Breakup by Product Type (in %), 2022
Figure 6: Saudi Arabia: Solar PV Module Market: Breakup by Connectivity (in %), 2022
Figure 7: Saudi Arabia: Solar PV Module Market: Breakup by Mounting (in %), 2022
Figure 8: Saudi Arabia: Solar PV Module Market: Breakup by End Use (in %), 2022
Figure 9: Saudi Arabia: Solar PV Module (Thin Film) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Saudi Arabia: Solar PV Module (Thin Film) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Saudi Arabia: Solar PV Module (Crystalline Silicon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Saudi Arabia: Solar PV Module (Crystalline Silicon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Saudi Arabia: Solar PV Module (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Saudi Arabia: Solar PV Module (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Saudi Arabia: Solar PV Module (Monocrystalline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Saudi Arabia: Solar PV Module (Monocrystalline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Saudi Arabia: Solar PV Module (Polycrystalline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Saudi Arabia: Solar PV Module (Polycrystalline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Saudi Arabia: Solar PV Module (Cadmium Telluride) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Saudi Arabia: Solar PV Module (Cadmium Telluride) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Saudi Arabia: Solar PV Module (Amorphous Silicon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Saudi Arabia: Solar PV Module (Amorphous Silicon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Saudi Arabia: Solar PV Module (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Saudi Arabia: Solar PV Module (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Saudi Arabia: Solar PV Module (On-Grid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Saudi Arabia: Solar PV Module (On-Grid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Saudi Arabia: Solar PV Module (Off-Grid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Saudi Arabia: Solar PV Module (Off-Grid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Saudi Arabia: Solar PV Module (Ground Mounted) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Saudi Arabia: Solar PV Module (Ground Mounted) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Saudi Arabia: Solar PV Module (Roof-Top) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Saudi Arabia: Solar PV Module (Roof-Top) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Saudi Arabia: Solar PV Module (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Saudi Arabia: Solar PV Module (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Saudi Arabia: Solar PV Module (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Saudi Arabia: Solar PV Module (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Saudi Arabia: Solar PV Module (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Saudi Arabia: Solar PV Module (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Saudi Arabia: Solar PV Module Industry: SWOT Analysis
Figure 40: Saudi Arabia: Solar PV Module Industry: Value Chain Analysis
Figure 41: Saudi Arabia: Solar PV Module Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Saudi Arabia: Solar PV Module Market: Key Industry Highlights, 2022 and 2028
Table 2: Saudi Arabia: Solar PV Module Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Saudi Arabia: Solar PV Module Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 4: Saudi Arabia: Solar PV Module Market Forecast: Breakup by Connectivity (in Million US$), 2023-2028
Table 5: Saudi Arabia: Solar PV Module Market Forecast: Breakup by Mounting (in Million US$), 2023-2028
Table 6: Saudi Arabia: Solar PV Module Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 7: Saudi Arabia: Solar PV Module Market: Competitive Structure
Table 8: Saudi Arabia: Solar PV Module Market: Key Players

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