Bhutan Solar Photovoltaic Market (2025-2031) | Trends, Industry, Segmentation, Companies, Revenue, Value, Share, Outlook, Analysis, Growth, Size & Forecast

Market Forecast By Technology (Mono-Si, Thin Film, Multi-Si, Others), By Installation (Ground Mounted, Roof Mounted, Others), By Grid Type (On-grid, Off-grid), By Application (Residential, Non-residential, Utilities) And Competitive Landscape
Product Code: ETC5138062 Publication Date: Nov 2023 Updated Date: Sep 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Bhutan Solar Photovoltaic Market Size Growth Rate


The Bhutan Solar Photovoltaic Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 4.94% in 2028, following an initial rate of 2.25%, before easing to 3.25% at the end of the period.

Bhutan Solar Photovoltaic Market Growth Rate

Solar Photovoltaic Market: Bhutan vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Solar Photovoltaic market in Bhutan is projected to expand at a stable growth rate of 4.60% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Solar Photovoltaic Market: Bhutan vs Top 5 Major Economies in 2027 (Asia)

Key Highlights of the Report:

  • Bhutan Solar Photovoltaic Market Outlook
  • Market Size of Bhutan Solar Photovoltaic Market, 2024
  • Forecast of Bhutan Solar Photovoltaic Market, 2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Revenues & Volume for the Period 2021-2031
  • Bhutan Solar Photovoltaic Market Trend Evolution
  • Bhutan Solar Photovoltaic Market Drivers and Challenges
  • Bhutan Solar Photovoltaic Price Trends
  • Bhutan Solar Photovoltaic Porter`s Five Forces
  • Bhutan Solar Photovoltaic Industry Life Cycle
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Mono-Si for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Thin Film for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Multi-Si for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Installation for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Ground Mounted for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Roof Mounted for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Grid Type for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By On-grid for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Off-grid for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Non-residential for the Period 2021-2031
  • Historical Data and Forecast of Bhutan Solar Photovoltaic Market Revenues & Volume By Utilities for the Period 2021-2031
  • Bhutan Solar Photovoltaic Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Grid Type
  • Market Opportunity Assessment By Application
  • Bhutan Solar Photovoltaic Top Companies Market Share
  • Bhutan Solar Photovoltaic Competitive Benchmarking By Technical and Operational Parameters
  • Bhutan Solar Photovoltaic Company Profiles
  • Bhutan Solar Photovoltaic Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Bhutan Solar Photovoltaic Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bhutan Solar Photovoltaic Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Bhutan Solar Photovoltaic Market Overview

3.1 Bhutan Country Macro Economic Indicators

3.2 Bhutan Solar Photovoltaic Market Revenues & Volume, 2021 & 2031F

3.3 Bhutan Solar Photovoltaic Market - Industry Life Cycle

3.4 Bhutan Solar Photovoltaic Market - Porter's Five Forces

3.5 Bhutan Solar Photovoltaic Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.6 Bhutan Solar Photovoltaic Market Revenues & Volume Share, By Installation , 2021 & 2031F

3.7 Bhutan Solar Photovoltaic Market Revenues & Volume Share, By Grid Type, 2021 & 2031F

3.8 Bhutan Solar Photovoltaic Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Bhutan Solar Photovoltaic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting renewable energy adoption in Bhutan

4.2.2 Increasing awareness about the environmental benefits of solar photovoltaic systems

4.2.3 Growth in off-grid solar solutions to meet rural electrification needs

4.3 Market Restraints

4.3.1 High initial investment costs for solar photovoltaic systems

4.3.2 Limited technical expertise and skilled workforce for solar energy projects in Bhutan

4.3.3 Dependence on imported solar technology and components

5 Bhutan Solar Photovoltaic Market Trends

6 Bhutan Solar Photovoltaic Market Segmentations

6.1 Bhutan Solar Photovoltaic Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Bhutan Solar Photovoltaic Market Revenues & Volume, By Mono-Si, 2021-2031F

6.1.3 Bhutan Solar Photovoltaic Market Revenues & Volume, By Thin Film, 2021-2031F

6.1.4 Bhutan Solar Photovoltaic Market Revenues & Volume, By Multi-Si, 2021-2031F

6.1.5 Bhutan Solar Photovoltaic Market Revenues & Volume, By Others, 2021-2031F

6.2 Bhutan Solar Photovoltaic Market, By Installation

6.2.1 Overview and Analysis

6.2.2 Bhutan Solar Photovoltaic Market Revenues & Volume, By Ground Mounted, 2021-2031F

6.2.3 Bhutan Solar Photovoltaic Market Revenues & Volume, By Roof Mounted, 2021-2031F

6.2.4 Bhutan Solar Photovoltaic Market Revenues & Volume, By Others, 2021-2031F

6.3 Bhutan Solar Photovoltaic Market, By Grid Type

6.3.1 Overview and Analysis

6.3.2 Bhutan Solar Photovoltaic Market Revenues & Volume, By On-grid, 2021-2031F

6.3.3 Bhutan Solar Photovoltaic Market Revenues & Volume, By Off-grid, 2021-2031F

6.4 Bhutan Solar Photovoltaic Market, By Application

6.4.1 Overview and Analysis

6.4.2 Bhutan Solar Photovoltaic Market Revenues & Volume, By Residential, 2021-2031F

6.4.3 Bhutan Solar Photovoltaic Market Revenues & Volume, By Non-residential, 2021-2031F

6.4.4 Bhutan Solar Photovoltaic Market Revenues & Volume, By Utilities, 2021-2031F

7 Bhutan Solar Photovoltaic Market Import-Export Trade Statistics

7.1 Bhutan Solar Photovoltaic Market Export to Major Countries

7.2 Bhutan Solar Photovoltaic Market Imports from Major Countries

8 Bhutan Solar Photovoltaic Market Key Performance Indicators

8.1 Average cost per watt of solar photovoltaic installations in Bhutan

8.2 Number of solar photovoltaic projects receiving government subsidies or incentives

8.3 Percentage increase in installed solar capacity in Bhutan annually

9 Bhutan Solar Photovoltaic Market - Opportunity Assessment

9.1 Bhutan Solar Photovoltaic Market Opportunity Assessment, By Technology, 2021 & 2031F

9.2 Bhutan Solar Photovoltaic Market Opportunity Assessment, By Installation , 2021 & 2031F

9.3 Bhutan Solar Photovoltaic Market Opportunity Assessment, By Grid Type, 2021 & 2031F

9.4 Bhutan Solar Photovoltaic Market Opportunity Assessment, By Application, 2021 & 2031F

10 Bhutan Solar Photovoltaic Market - Competitive Landscape

10.1 Bhutan Solar Photovoltaic Market Revenue Share, By Companies, 2024

10.2 Bhutan Solar Photovoltaic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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