The Global Solar PV Balance of System Market was valued at USD 83,729 Million in 2024 and is projected to grow to USD 197,687 Million by 2030, with a compound annual growth rate (CAGR) of 14.2% from 2025 to 2030.
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Solar PV Balance of System Market Size & Growth 2025–2030
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Solar PV Balance of System Market Size & Growth 2025–2030

Global solar PV balance of system market to grow from USD 83,729 Mn in 2024 to USD 197,687 Mn by 2030 at 14.2% CAGR, driven by renewable energy demand and solar infrastructure expansion.