The global market value of solar energy systems stood at roughly *** billion U.S. dollars in 2023 and is forecast to reach over *** billion U.S. dollars in 2031. Solar panels and batteries accounted for the largest shares of the market in 2023.
More information about the global market for solar energy systems can be found .
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Extrapolate. (March 11, 2024). Market value of solar energy systems worldwide in 2023, with a forecast for 2031, by component (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 22, 2026, from /statistics/1456898/global-market-size-solar-energy-systems-by-component/
Extrapolate. "Market value of solar energy systems worldwide in 2023, with a forecast for 2031, by component (in billion U.S. dollars)." Chart. March 11, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 22, 2026. /statistics/1456898/global-market-size-solar-energy-systems-by-component/
Extrapolate. (2024). Market value of solar energy systems worldwide in 2023, with a forecast for 2031, by component (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 22, 2026. /statistics/1456898/global-market-size-solar-energy-systems-by-component/
Extrapolate. "Market Value of Solar Energy Systems Worldwide in 2023, with a Forecast for 2031, by Component (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 11 Mar 2024, /statistics/1456898/global-market-size-solar-energy-systems-by-component/
Extrapolate, Market value of solar energy systems worldwide in 2023, with a forecast for 2031, by component (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1456898/global-market-size-solar-energy-systems-by-component/ (last visited July 22, 2026)
Market value of solar energy systems worldwide in 2023, with a forecast for 2031, by component (in billion U.S. dollars) [Graph], Extrapolate, March 11, 2024. [Online]. Available: /statistics/1456898/global-market-size-solar-energy-systems-by-component/