MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Solar PV O&M - Utility Scale

Overview
Market size
$7,200
global, USD
CAGR
9.5%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$11335

What changed

Demand by region

China demand38%
North America demand22%
Europe demand18%
Asia Pacific ex China demand14%
Rest of world demand8%
share of global demandtotal 100%

Cost drivers

Direct field labor and technicians45%
Spare parts and inverter components20%
Digital platform and monitoring software15%
Vegetation management and site security12%
Equipment logistics and travel8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked