Global Solar Market Update (.PDF Download)

Aug. 16, 2023
Increasing demand for unconventional energy sources is driving a global market that’s expected to reach nearly $374 billion by 2029.

Valued at $167.8 billion in 2021, the global solar market is expected to reach $373.8 billion by 2029 according to a new Solar Power Market Size 2023 Fortune Business Insights report. Currently, the global solar market is largely being driven by “increasing demand for unconventional sources of energy,” the company says.