Mexico Alternative Solar Photovoltaic Technologies Market Size & Outlook, 2025-2033
OverviewMexico Alternative Solar Photovoltaic Technologies Market Highlights
- According to Market Strides analysis, the Mexico Alternative Solar Photovoltaic Technologies Market size was USD 602.12 Million in 2024 and is projected to reach USD 1,315.83 Million by 2033.
- The Mexico market is projected to grow at a CAGR of 9.04% between 2025 and 2033.
- By segment, Perovskite Solar Cells emerged as the largest Technology Type in terms of market size in 2024.
- Organic Photovoltaics is anticipated to remain the most attractive Technology Type segment, recording the fastest growth during the forecast period.
Source: MS Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, Mexico held 2.64% of the global Alternative Solar Photovoltaic Technologies Market size.
- By 2033, United States is anticipated to capture the largest share of the global Alternative Solar Photovoltaic Technologies Market.
- In LATAM, Brazil is expected to lead the regional Alternative Solar Photovoltaic Technologies Market size by 2033.
- Argentina will remain the fastest-growing market in LATAM, reaching USD 1063.95 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 602.12 Million |
| Market Size In 2033 | USD 1,315.83 Million |
| Largest segment | Perovskite Solar Cells |
| Units | Revenue in USD Million |
| CAGR | 9.04% (2025-2033) |
| Segmnetation Covered | |
| Technology Type |
|
| Application |
|
| Efficiency |
|
| Cost |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Mexico Alternative Solar Photovoltaic Technologies Market Technology Type 2025-2033 (USD Million)
| Technology Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Perovskite Solar Cells | XX.x | XX.x | XX.x | 260.65 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Organic Photovoltaics | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Dye-Sensitized Solar Cells | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Thin-Film Solar Cells | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Quantum Dot Solar Cells | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Mexico Alternative Solar Photovoltaic Technologies Market Application 2025-2033 (USD Million)
| Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential | XX.x | XX.x | XX.x | 244.4 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Commercial | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Industrial | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Utility-Scale | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Mexico Alternative Solar Photovoltaic Technologies Market Efficiency 2025-2033 (USD Million)
| Efficiency | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Low (15%) | XX.x | XX.x | XX.x | 293.41 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Medium (15-20%) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| High (20-25%) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Very High (>25%) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Mexico Alternative Solar Photovoltaic Technologies Market Cost 2025-2033 (USD Million)
| Cost | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Low ($1 per watt) | XX.x | XX.x | XX.x | 241.93 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Medium ($1-$2 per watt) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| High ($2-$3 per watt) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Very High ($3+ per watt) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Author :
Market Strides Research Team
The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.
Related Reports
Report Details
| Author | Market Strides Research Team |
| Format | PDF & Excel |
| Language | English |
| Published | Nov, 2025 |
USD 2100
Buy Now
"A sample report is available for preview before making a purchase decision."