| Product Code: ETC13220630 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Distributed Solar Power Generation Market was valued at USD 18.4 Billion in 2024 and is expected to reach USD 38.2 Billion by 2031, growing at a compound annual growth rate of 15.50% during the forecast period (2025-2031).
The Global Distributed Solar Power Generation Market is witnessing significant growth driven by factors such as increasing awareness of renewable energy sources, government initiatives supporting solar power adoption, and declining costs of solar technology. Distributed solar power generation allows for electricity production at or near the point of consumption, reducing transmission losses and enhancing energy security. Key trends in the market include technological advancements in solar panels, batteries, and inverters, as well as the emergence of innovative financing models like solar leasing and power purchase agreements. The market is characterized by a competitive landscape with prominent players including SunPower Corporation, SolarCity, and Canadian Solar Inc. Regions such as Asia-Pacific and North America are expected to dominate the market due to favorable government policies and high solar potential.
The Global Distributed Solar Power Generation Market is experiencing significant growth driven by the increasing demand for renewable energy sources and the declining costs of solar technology. Key trends in the market include the rise of community solar projects, advancements in energy storage solutions, and the integration of digital technologies for better efficiency and monitoring. Opportunities for market expansion lie in emerging markets with high solar potential, such as Asia-Pacific and Africa, as well as in the residential and commercial sectors seeking to reduce energy costs and carbon footprints. Additionally, supportive government policies, incentives, and regulatory frameworks across various regions are further boosting the adoption of distributed solar power generation systems.
The Global Distributed Solar Power Generation Market faces several challenges, including high upfront installation costs, intermittent energy production due to weather conditions, limited grid infrastructure for efficient integration, and regulatory barriers that vary across different regions. Additionally, the lack of standardized policies and support mechanisms can hinder the widespread adoption of distributed solar power generation. Furthermore, issues related to energy storage solutions to overcome the variability of solar power generation and the need for skilled workforce for maintenance and operations pose significant challenges to the market. Despite these obstacles, advancements in technology, decreasing solar panel costs, and increasing environmental awareness are driving forces that are gradually overcoming these challenges and fostering growth in the global distributed solar power generation market.
The global distributed solar power generation market is primarily driven by increasing environmental concerns and the shift towards clean energy sources. Governments and organizations worldwide are promoting the adoption of solar power as a sustainable alternative to traditional fossil fuels, driving market growth. Additionally, decreasing costs of solar technology, advancements in energy storage solutions, and favorable government policies such as tax incentives and subsidies are further propelling the market. The growing awareness about the benefits of distributed solar power, such as reduced electricity bills, energy independence, and lower carbon emissions, is also boosting its adoption among residential, commercial, and industrial users. Overall, the increasing focus on renewable energy and the decentralization of power generation are key drivers shaping the growth of the global distributed solar power generation market.
Government policies related to the Global Distributed Solar Power Generation Market vary by country, with many nations offering incentives and subsidies to promote the adoption of solar energy. In the United States, the Investment Tax Credit (ITC) provides a 26% tax credit for residential and commercial solar installations. In China, the government has implemented feed-in tariffs and other financial incentives to encourage the development of distributed solar power projects. India has set ambitious renewable energy targets and offers various incentives such as net metering and generation-based incentives to promote decentralized solar power generation. In Europe, countries like Germany have implemented favorable feed-in tariffs, while the European Union has set renewable energy targets to increase the share of renewable energy in the energy mix. Overall, government policies play a crucial role in driving growth in the global distributed solar power generation market.
The Global Distributed Solar Power Generation Market is poised for significant growth in the coming years, driven by increasing awareness of renewable energy sources, government incentives, and advancements in solar technology. With a growing emphasis on reducing carbon emissions and transitioning towards sustainable energy sources, distributed solar power generation offers a decentralized and efficient solution for meeting electricity needs. The market is expected to witness continued expansion as more residential, commercial, and industrial consumers adopt solar power systems to lower their energy costs and reduce environmental impact. Key trends such as energy storage integration, digitalization of grid infrastructure, and innovative financing models are likely to further drive market growth and create opportunities for stakeholders across the value chain.
In the Global Distributed Solar Power Generation Market, Asia is a key region driving growth due to government support, favorable policies, and increasing demand for renewable energy. North America is also a significant market with a growing focus on clean energy initiatives and technological advancements. Europe leads in terms of installed capacity and is actively promoting distributed solar power through subsidies and incentives. The Middle East and Africa are witnessing a rise in distributed solar projects to address energy access issues and reduce reliance on fossil fuels. Latin America is experiencing a surge in distributed solar installations driven by decreasing solar panel costs and a push towards sustainability. Overall, these regions are embracing distributed solar power as a sustainable and cost-effective energy solution for the future.
Global Distributed Solar Power Generation Market |
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 Global Distributed Solar Power Generation Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Distributed Solar Power Generation Market Revenues & Volume, 2021 & 2031F |
3.3 Global Distributed Solar Power Generation Market - Industry Life Cycle |
3.4 Global Distributed Solar Power Generation Market - Porter's Five Forces |
3.5 Global Distributed Solar Power Generation Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Distributed Solar Power Generation Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Distributed Solar Power Generation Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.8 Global Distributed Solar Power Generation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Distributed Solar Power Generation Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Global Distributed Solar Power Generation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Distributed Solar Power Generation Market Trends |
6 Global Distributed Solar Power Generation Market, 2021 - 2031 |
6.1 Global Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Distributed Solar Power Generation Market, Revenues & Volume, By Monocrystalline (Mono-SI), 2021 - 2031 |
6.1.3 Global Distributed Solar Power Generation Market, Revenues & Volume, By Polycrystalline (p-Si), 2021 - 2031 |
6.1.4 Global Distributed Solar Power Generation Market, Revenues & Volume, By Amorphous Silicon (A-Si), 2021 - 2031 |
6.1.5 Global Distributed Solar Power Generation Market, Revenues & Volume, By Concentrated PV Cell (CVP), 2021 - 2031 |
6.2 Global Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Distributed Solar Power Generation Market, Revenues & Volume, By Ground Mounted, 2021 - 2031 |
6.2.3 Global Distributed Solar Power Generation Market, Revenues & Volume, By Roof-Top, 2021 - 2031 |
6.3 Global Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Distributed Solar Power Generation Market, Revenues & Volume, By On-Grid, 2021 - 2031 |
6.3.3 Global Distributed Solar Power Generation Market, Revenues & Volume, By Off Grid, 2021 - 2031 |
6.4 Global Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Distributed Solar Power Generation Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.4.3 Global Distributed Solar Power Generation Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.4.4 Global Distributed Solar Power Generation Market, Revenues & Volume, By Utility-Scale, 2021 - 2031 |
7 North America Distributed Solar Power Generation Market, Overview & Analysis |
7.1 North America Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
7.2 North America Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
7.5 North America Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Distributed Solar Power Generation Market, Overview & Analysis |
8.1 Latin America (LATAM) Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
8.5 Latin America (LATAM) Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
9 Asia Distributed Solar Power Generation Market, Overview & Analysis |
9.1 Asia Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
9.5 Asia Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
10 Africa Distributed Solar Power Generation Market, Overview & Analysis |
10.1 Africa Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
10.5 Africa Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
11 Europe Distributed Solar Power Generation Market, Overview & Analysis |
11.1 Europe Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
11.5 Europe Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
12 Middle East Distributed Solar Power Generation Market, Overview & Analysis |
12.1 Middle East Distributed Solar Power Generation Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Distributed Solar Power Generation Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Distributed Solar Power Generation Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Distributed Solar Power Generation Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Distributed Solar Power Generation Market, Revenues & Volume, By Installation, 2021 - 2031 |
12.5 Middle East Distributed Solar Power Generation Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Distributed Solar Power Generation Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
13 Global Distributed Solar Power Generation Market Key Performance Indicators |
14 Global Distributed Solar Power Generation Market - Export/Import By Countries Assessment |
15 Global Distributed Solar Power Generation Market - Opportunity Assessment |
15.1 Global Distributed Solar Power Generation Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Distributed Solar Power Generation Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Distributed Solar Power Generation Market Opportunity Assessment, By Installation, 2021 & 2031F |
15.4 Global Distributed Solar Power Generation Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Distributed Solar Power Generation Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
16 Global Distributed Solar Power Generation Market - Competitive Landscape |
16.1 Global Distributed Solar Power Generation Market Revenue Share, By Companies, 2024 |
16.2 Global Distributed Solar Power Generation Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here