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

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: ETC5138089 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

Ethiopia Solar Photovoltaic Market Size Growth Rate


The Ethiopia Solar Photovoltaic Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 13.47% in 2025, the growth rate steadily ascends to 16.06% in 2029.

Ethiopia Solar Photovoltaic Market Growth Rate

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Ethiopia 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 Ethiopia 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 Ethiopia Solar Photovoltaic Market Overview

3.1 Ethiopia Country Macro Economic Indicators

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

3.3 Ethiopia Solar Photovoltaic Market - Industry Life Cycle

3.4 Ethiopia Solar Photovoltaic Market - Porter's Five Forces

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

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

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

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

4 Ethiopia Solar Photovoltaic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives and policies promoting renewable energy adoption

4.2.2 Increasing awareness about the benefits of solar energy

4.2.3 Growing demand for electricity in Ethiopia

4.2.4 Declining costs of solar photovoltaic technology

4.2.5 Investments and funding in the solar energy sector

4.3 Market Restraints

4.3.1 High upfront costs of solar PV systems

4.3.2 Lack of access to financing for solar projects

4.3.3 Limited grid infrastructure and electricity transmission capabilities

4.3.4 Political and regulatory uncertainties

4.3.5 Skills shortage in the solar energy workforce

5 Ethiopia Solar Photovoltaic Market Trends

6 Ethiopia Solar Photovoltaic Market Segmentations

6.1 Ethiopia Solar Photovoltaic Market, By Technology

6.1.1 Overview and Analysis

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

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

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

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

6.2 Ethiopia Solar Photovoltaic Market, By Installation

6.2.1 Overview and Analysis

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

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

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

6.3 Ethiopia Solar Photovoltaic Market, By Grid Type

6.3.1 Overview and Analysis

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

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

6.4 Ethiopia Solar Photovoltaic Market, By Application

6.4.1 Overview and Analysis

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

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

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

7 Ethiopia Solar Photovoltaic Market Import-Export Trade Statistics

7.1 Ethiopia Solar Photovoltaic Market Export to Major Countries

7.2 Ethiopia Solar Photovoltaic Market Imports from Major Countries

8 Ethiopia Solar Photovoltaic Market Key Performance Indicators

8.1 Capacity utilization rate of solar PV installations

8.2 Average cost per watt of installed solar capacity

8.3 Number of new solar PV projects initiated

8.4 Percentage increase in solar energy generation capacity

8.5 Adoption rate of solar PV technology in residential and commercial sectors

9 Ethiopia Solar Photovoltaic Market - Opportunity Assessment

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

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

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

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

10 Ethiopia Solar Photovoltaic Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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