Global Solar Demand Monitor: Q4 2016

by Benjamin Attia, Manan Parikh

Update: The Q2 2017 Global Solar Demand Monitor is available here.

The Global Demand Monitor is now part of our Global Downstream Solar service.

Click here to learn about GTM Research's Global Downstream Solar service.

2016 is set to be another record year for solar globally, with the market growing by 45% to nearly 74 GW. However, global demand will slow down next year, expected to drop by 7% as major policy shifts and regulatory uncertainty in several major markets, namely China, Japan, Germany and the U.K., pose headwinds going into 2017. The market will bottom out at a still- impressive 69 GW in 2017, with the contraction abated by triple-digit growth in India, U.S. utility spillover, recently announced tenders in nascent markets, and module oversupply conditions leading to falling module average selling prices (ASPs), especially in India, China and Southeast Asia.

Global PV Demand, 2005-2021E

The Global Solar Demand Monitor is a quarterly report that provides insight into major developments for the global solar landscape, offering an assessment of the trajectory of the market and providing scenario-based demand forecasts. By analyzing the demand drivers, policies and risks that shape global markets, it enables companies globally to be successful in the market today while preparing for the future. The analysis spans across market segments - residential, commercial, industrial and utility-scale - and includes a deeper focus on the major solar markets of China, India, Japan, Germany, the U.K., the U.S. Brazil, Chile and Mexico.

For Premium License buyers and subscribers, each quarter's Monitor includes a spreadsheet-based dataset with segmented demand forecasts at the global and regional levels, historical data, and deeper information on 26 major markets. 


Want more details?

Download a free brochure with a full table of contents as well as more information on the report's analysis.

Benjamin Attia Analyst, Solar

Benjamin Attia is an Analyst with GTM Research’s Global Demand team, providing data analysis and forecasts, market research, and bespoke strategy consulting and advisory to key stakeholders in on-grid and off-grid solar markets in emerging economies in Southeast Asia, India, and Sub-Saharan Africa. He holds a Master of Energy & Environmental Policy and a B.S. in Economics and Energy & Environmental Policy from the University of Delaware.

Manan Parikh Analyst, Solar

Manan Parikh is a Solar Analyst for GTM Research covering global downstream markets. Prior to GTM, his work has been extensively research based, centering upon alternative fuels infrastructure development and Low Carbon Fuels Standard (LCFS) policy models for the Schatz Energy Research Center and UC Berkeley in Northern California. In California, he was also an ambassador to start-up teams within the Clean Tech Open accelerator as well as a consultant to DOE SunShot Catalyst Award winner, PVComplete. In Washington, DC he worked on biomass policy at the American Council On Renewable Energy. He is an alumnus of The University of Texas at Austin, where he graduated with a B.S. in Biochemistry, as well as the DC-based Clean Energy Leadership Institute in its inaugural class.

image description

Contact Us

For pricing information or a demo, fill out the form or contact us at

Please wait while we load the form...