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The Argentina solar energy market size is projected to expand at a CAGR of 13.10% between 2024 and 2032.
The Argentine government's efforts to promote clean energy, the rise of environmental awareness, and the growing popularity of photovoltaic systems are contributing to the Argentina solar energy market growth. In 2022, the Energy Secretariat in Argentina (which falls under the Ministry of Economy) approved a series of bids to supply and install solar energy equipment at schools, homes, and other buildings in 19 provinces, at an estimated USD 21.7 million cost. The project for rural energy development will benefit rural households in the provinces of Buenos Aires, Formosa, Misiones, Rio Negro, Santa Cruz, and Tierra del Fuego, among others.
The rising popularity of monocrystalline solar panels in residential areas can be attributed to their impressive energy capacity and efficiency. These panels are particularly advantageous for roofs with limited space as they require less area. Moreover, they excel in low sunlight conditions, making them a perfect choice for cloudy and low sunlight days, consequently driving up the Argentina solar energy market share.
The demand is expected to increase from the residential sector as well as a result of the growing concern among people for the environment and their inclination towards sustainable construction practices. The installation of solar system offers several environmental benefits as it does not release harmful greenhouse gases during electricity generation, making it an environmentally friendly option. Moreover, solar energy systems can prove to be valuable for remote areas that lack access to the electrical grid.
Argentina Solar Energy Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments
Market Breakup by Technology
Market Breakup by Solar Module
Market Breakup by End Use
The market players are increasingly focusing on establishing partnerships with government organisations and are increasing their research activities to develop improved energy solutions to accelerate transition towards clean energy
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Technology |
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Breakup by Solar Module |
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Breakup by End Use |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Solar Energy Market Overview
8.1 Key Industry Highlights
8.2 Latin America Solar Energy Historical Market (2018-2023)
8.3 Latin America Solar Energy Market Forecast (2024-2032)
8.4 Latin America Solar Energy Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Argentina Solar Energy Market Overview
9.1 Key Industry Highlights
9.2 Argentina Solar Energy Historical Market (2018-2023)
9.3 Argentina Solar Energy Market Forecast (2024-2032)
10 Argentina Solar Energy Market by Technology
10.1 Solar Photovoltaic (PV)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Concentrated Solar Power (CSP)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Argentina Solar Energy Market by Solar Module
11.1 Polycrystalline
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Monocrystalline
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Amorphous Silicon Cells
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Cadmium Telluride
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Argentina Solar Energy Market by End Use
12.1 Residential
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Commercial
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Industrial
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Canadian Solar Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Enel Spa
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Genneia SA
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 YPF SA
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Emesa
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 360ENERGY Solar SA
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Solar Energy Market: Key Industry Highlights, 2018 and 2032
2. Argentina Solar Energy Market: Key Industry Highlights, 2018 and 2032
3. Argentina Solar Energy Historical Market: Breakup by Technology (USD Million), 2018-2023
4. Argentina Solar Energy Market Forecast: Breakup by Technology (USD Million), 2024-2032
5. Argentina Solar Energy Historical Market: Breakup by Solar Module (USD Million), 2018-2023
6. Argentina Solar Energy Market Forecast: Breakup by Solar Module (USD Million), 2024-2032
7. Argentina Solar Energy Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Argentina Solar Energy Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Argentina Solar Energy Market Structure
The market is projected to grow at a CAGR of 13.10% between 2024 and 2032.
The market is driven by the rising environmental consciousness and the surging energy demands.
The key trends aiding the market expansion include the favourable government policies, transition towards renewable and clean energy, and rising collaborations among organisations to improve renewable energy technologies.
The major technologies in the market are solar photovoltaic (PV) and concentrated solar power (CSP).
The major types of solar modules in the market are polycrystalline, monocrystalline, amorphous silicon cells, and cadmium telluride, among others.
The key players in the market are Canadian Solar Inc., Enel Spa, Genneia SA, YPF SA, Emesa, and 360ENERGY Solar SA, among others.
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