MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Solar Farm Market Research Report: Forecast (2025–2030). This report provides a detailed assessment of the Solar Farm, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2020–23
- Base Year: 2024
- Forecast Years: 2025–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/solar-farm-market.html (Discover the market potential, platform-specific insights, and key industry trends.)
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Solar Farm Market Outlook
The Global Solar Farm Market size is valued at around USD 170.78 billion in 2025 and is projected to reach USD 212.72 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.49% during the forecast period, i.e., 2025-30. The main reason behind this growth is the decreasing price of solar photovoltaic units and installation, which has made solar farms one of the cheapest energy sources worldwide. The decreasing Levelized Cost of Electricity (LCOE) positions solar power as a competitive option against conventional fossil fuels, which drives worldwide large-scale adoption.
Solar Farm Market Drivers:
Government Policies & Supportive Regulations – The global solar farm industry advances primarily because government policies implement supportive regulations, which reduce investment risks while establishing market stability and promoting large-scale deployment. The combination of tax credits with subsidies and renewable energy targets makes it easier for investors and developers to build solar farms through decreased startup expenses and guaranteed financial profits. For instance, in March 2025, the PM Surya Ghar Muft Bijli Yojana in India achieved a significant accomplishment when it delivered free solar electricity to one million households through rooftop installations. The program distributed around USD54.39 billion in subsidies to 613,000 beneficiaries to enable solar power affordability for residential consumers. The large-scale governmental support through targeted policies enables faster solar adoption while providing development possibilities for solar farm capacity expansion to satisfy increasing energy requirements.
View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/solar-farm-market.html (Explore in-depth analyses, technological trends, and investment patterns.)
Solar Farm Market Trends:
Rising Adoption of Floating Solar System – The rise in the floating solar system has become a major trend in the Global Solar Farm Market. Floating solar systems installations have become popular because they solve land scarcity issues while enhancing power generation efficiency through water-based cooling and capitalizing on existing water storage areas, such as reservoirs and lakes, and irrigation ponds. Land-based solar systems continue to be cost-effective and commonly deployed, but their growth is restricted by limited available land and other land use needs. The increasing adoption of floating solar installations shows the market is moving toward energy generation methods that optimize power production while minimizing environmental impact and land-use challenges. For instance, in May 2025, Ciel & Terre completed a 120 MWp floating solar project at Omkareshwar in Madhya Pradesh, India. This project, developed in collaboration with L&T and SJVN Green Energy Ltd, is among the largest floating solar plants in India. Similarly, Ocean Sun introduced the BOOST offshore floating solar demonstrator at La Palma, Canary Islands, to launch its three-year R&D project that evaluates seawater floating photovoltaics.
Solar Farm Market Segmentation
The study categorizes the Solar Farm into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Type
- Utility-Scale
- Distributed Generation
- Micro-Grids
- Others
By End Users
- Residential
- Commercial
- Industrial
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific.
Talk to Our Industry Analyst: - https://www.marknteladvisors.com/query/talk-to-our-consultant/solar-farm-market.html Get personalized insights into company strategies and regional market dynamics.)
Leading Companies in Solar Farm Market Worldwide: Players, Analysis & Future Outlook
- Brightsource Energy, Inc
- First Solar, Inc.
- Gruppostg.
- Himin Solar Energy Group
- Ja Solar Holdings Co. Ltd.
- Sharp Corporation
- Shenzhen Topray Solar Co., Ltd.
- Tata Power Solar Systems Ltd.
- Trina Solar
- Wuxi Suntech Power Co., Ltd.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/solar-farm-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Solar Farm?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Solar Farm?
4. Who are the prominent players in the Solar Farm?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.
Contact Us:
MarkNtel Advisors
Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 87199 99009
Email: sales@marknteladvisors.com
Website: https://www.marknteladvisors.com