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Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Historical Data Period | 2020 - 2023 |
CAGR | 12.00 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
APAC Distributed Solar Power Generation Market Analysis
The Asia-Pacific Distributed Solar Power Generation Market is expected to register a CAGR of greater than 12% during the forecast period.
- The gradual shift from energy generation from conventional sources such as coal and natural gas to clean energy is expected to help grow the distributed solar power generation market in the region.
- Commercial and industrial sectors are showing growing interest in distributed solar power generation, due to various economical benefits and constant source of energy to eliminate downtimes and equipment damage due to voltage fluctuations in conventional power grids. This have created a huge opportunity for distributed solar power generation market in the region.
- China is expected to dominate the market, over rising environmental concerns and economical benefits of domestic distributed solar power generation. The country accounts for over 30% of global solar energy generation, amounting to 177.5 Terawatt-hours in 2018.
APAC Distributed Solar Power Generation Market Trends
Increasing Demand for Clean Electricity to Drive the Market
- Increasing demand for clean energy is one of the primary drivers for distributed solar poer generation market in the region. Distributed solar PV capacity in the region is expected to increase by over 47 GW by 2024, while commercial and industrial solar PV capacity is expected to increase by over 166.2 GW by 2024.
- Rooftop solar offers the benefits of modern electricity services to households that had no access to electricity, reducing electricity costs on islands and in other remote locations that are dependent on oil-fired generation, as well as enabling residents and small businesses to generate their own electricity.
- Commercial and industrial systems remain the largest growth segment because they are usually more inexpensive and have a relatively stable load profile during the day that can enable larger savings on electricity bills, depending on the policy scheme in place.
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China to Dominate the Market
- China has dominated the distributed solar power generation market in 2019 in the region and is expected to continue its dominance in the coming years as well. The country holds vast potential for the expansion of distributed energy systems (DES), notably in the form of off-grid and residential solar. Inefficiencies in the power grid infrastructure, power supply shortages, and the scalability of decentralized technology pave way for the deployment in the country.
- Currently distributed solar PV accounts for over 27% of China's total solar PV installed capacity. In 2017 China generated around 13.7 TWh of electricity, which is estimated to be enough to meet all energy requirements of all residential consumers of Beijing for 7.5 months.
- With the rising pollution concerns across the world due to industrialization, especially in China, the regional solar power generation has gained considerable momentum.
- Moreover, various government initiatives, such as incentives and energy saving certificates by the government in China, are also expected to encourage commercial units to adapt to distributed solar power generation during the forecast period.
APAC Distributed Solar Power Generation Industry Overview
The Asia-Pacific distributed solar power generation market is fragmented. Some of the major companies in this market are Wuxi Suntech Power Co. Ltd, First Solar Inc., Juwi Solar Inc., Sharp Solar Energy Solutions Group, and Trina Solar Limited, among others.
APAC Distributed Solar Power Generation Market Leaders
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Wuxi Suntech Power Co. Ltd.
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First Solar Inc
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Juwi Solar Inc.
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Sharp Solar Energy Solutions Group
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Trina Solar Limited
- *Disclaimer: Major Players sorted in no particular order
![Asia-Pacific Distributed Solar Power Generation Market Concentration Wuxi Suntech Power Co. Ltd, First Solar Inc., Juwi Solar Inc., JA Solar Holdings Co., Ltd., Motech Industries Inc., Shenzhen Yingli New Energy Resources Co., Ltd](https://s3.mordorintelligence.com/asia-pacific-distributed-solar-power-generation-market-industry/asia-pacific-distributed-solar-power-generation-market-industry_Market_Conc._-_APAC_Distributed_Solar_Power_Generation_Market.webp)
APAC Distributed Solar Power Generation Industry Segmentation
The Asia-Pacific distributed solar power generation market report include:
Geography | China |
India | |
Japan | |
South Korea | |
Rest of Asia-Pacific |
APAC Distributed Solar Power Generation Market Research FAQs
What is the current Asia-Pacific Distributed Solar Power Generation Market size?
The Asia-Pacific Distributed Solar Power Generation Market is projected to register a CAGR of greater than 12% during the forecast period (2025-2030)
Who are the key players in Asia-Pacific Distributed Solar Power Generation Market?
Wuxi Suntech Power Co. Ltd., First Solar Inc, Juwi Solar Inc., Sharp Solar Energy Solutions Group and Trina Solar Limited are the major companies operating in the Asia-Pacific Distributed Solar Power Generation Market.
What years does this Asia-Pacific Distributed Solar Power Generation Market cover?
The report covers the Asia-Pacific Distributed Solar Power Generation Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Distributed Solar Power Generation Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia-Pacific Distributed Solar Power Generation Industry Report
Statistics for the 2025 Asia-Pacific Distributed Solar Power Generation market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Distributed Solar Power Generation analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.