Global Solar Photovoltaic Installations Market (PV) – Industry Analysis and Forecast (2019-2027) by Type, by End User and by Region
Global Solar Photovoltaic Installations Market (PV) was valued at US$140 Mn in 2019 and is anticipated to reach US$XX Mn by 2027 at a CAGR of about XX % during the forecast.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Solar Photovoltaic Installations Market (PV)
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Global Solar Photovoltaic Installations Market (PV) Dynamics:
Depleting oil reserves and the rising need for sustainable energy resources is a major driver for the market growth of the solar photovoltaic panel installation market. Awareness for energy security and self-sufficiency combined with government legislations is expected to rise solar photovoltaic panel’s installation market growth. Solar photovoltaic panel’s installation on rooftops is gaining popularity. Fluctuation in crude oil price, the environmental concern of hydropower, and the risk of nuclear radiation accidents in nuclear power plants offer an opportunity. Countries with low income cannot afford the installation of solar photovoltaic panels this may hinder the solar photovoltaic panel installation market. Countries with reliable and stable grid infrastructure and subsidized electricity charges limit the adoption of the solar photovoltaic panel installation market, which adds restrain to the market.
Global Solar Photovoltaic Installations Market (PV) Segment Analysis:
Global Solar Photovoltaic Installations Market (PV) is segmented by Technology, by grid type, by end-use, and by region. Based on technology Global Solar Photovoltaic Installations Market (PV) is segmented into thin Film, Crystalline Silicon, and Others. In terms of grid Global Solar Photovoltaic Installations Market (PV) is segmented into Grid Connected and Off-Grid. Residential, Commercial, and Utility-Scale are end-user segments in Global Solar Photovoltaic Installations Market (PV). Geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
In terms of technology solar photovoltaic panel’s installation market is segmented into a thin film, crystalline silicon, and others. Crystalline silicon Photovoltaics is the most widely used photovoltaic technology in the solar photovoltaic panels market. Crystalline silicon solar cells offer high efficiency compared to a thin film in terms of voltage rating temp coefficient, mounting system, and required area. Mono-crystalline silicon and Mono-crystalline silicon are sub-segments of crystalline silicon Photovoltaics.
Commercial is dominating the solar photovoltaic panel’s installation market. Commercial are simple enough to install does not need a skilled person and are cost effective. Residential is not able to provide power for all your loads since the cost and volume of batteries would be prohibitive. Off-Grid systems require a more specialized equipment to function that is more costly and more complex to install.
Commercial segment is leading the Global Solar Photovoltaic Installations Market (PV) owing to popularity of top roof installation. Residential and utility scale is expected to gain solar photovoltaic market in the forecast period. Various project is planned worldwide.
Global Solar Photovoltaic Installations Market (PV) Regional Insights:
Asia Pacific is leading the solar photovoltaic panel’s installation market. China has surpassed its 2019 solar panel target. India is following the China’s footprint. Europe is second largest segment by region solar photovoltaic installation market.
The objective of the report is to present a comprehensive analysis Global Solar Photovoltaic Installations Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with an analysis of complicated data in simple language. The report covers all the aspects of the industry with the dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Solar Photovoltaic Installations Market dynamics, structure by analyzing the market segments and project the Global Solar Photovoltaic Installations Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Solar Photovoltaic Installations Market make the report investor’s guide.
Global Solar Photovoltaic Installations Market (PV), Key Highlights:
• Global Solar Photovoltaic Installations Market (PV) analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Solar Photovoltaic Installations Market (PV)
• Global Solar Photovoltaic Installations Market (PV) segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Solar Photovoltaic Installations Market (PV) strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Solar Photovoltaic Installations Market (PV) analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Solar Photovoltaic Installations Market (PV) are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of the Global Solar Photovoltaic Installations Market (PV):Inquire before buying
Global Solar Photovoltaic (PV) Installations Market by Technology:
• Thin Film
• Crystalline Silicon
• Other
Global Solar Photovoltaic (PV) Installations Market by Grid Type
• Grid Connected
• Off-Grid
Global Solar Photovoltaic (PV) Installations Market by End Use
• Residential
• Commercial
• Utility Scale
Global Solar Photovoltaic (PV) Installations Market by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Global Solar Photovoltaic Installations Market (PV): Key Player
• Suntech Power Holding Co. Ltd.
• Sun Power CorporatioN
• First Solar Inc.
• Yingli Green Energy Holding Co. Ltd.
• Canadian Solar Inc.
• Schott Solar Ag
• Sharp Corporation
• Solar World
• Jinko Solar Holding Company Ltd
• Trina Solar Ltd
• Kaneka Corporation
• Kyocera Corporation
• Panasonic Corporation
• Renesola Co. Ltd
• BP Solar International
• Bloo Solar Inc
• 1366 Technologies Inc.
• 3GSolar Photovoltaics Ltd.
• Solar Optimum
• Solar Generation
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