The PV (Photovoltaics) market was valued at 42700 Million US$ in 2018 and is projected to reach 105700 Million US$ by 2025, at a CAGR of 12.0% during the forecast period. This Global PV (Photovoltaics) Market study offers a comprehensive, 360 degree analysis on the PV (Photovoltaics) market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global PV (Photovoltaics) market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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Global Major Players in PV (Photovoltaics) Market are:
Jinko Solar, Trina Solar, Canadian Solar(NASDAQ: CSIQ), Hanwha, JA Solar, First Solar(NASDAQ: FSLR), ReneSola, Yingli, SunPower, Eging PV, Chint Group, Shunfeng, Risen, Solarworld, REC Group, CSUN, Hareonsolar, Kyocera Solar, Solar Frontier, HT-SAAE, SoloPower, NSP, Hanergy, and Other.
Most important types of PV (Photovoltaics) covered in this report are:
Single Crystal Silicon
Most widely used downstream fields of PV (Photovoltaics) market covered in this report are:
Geographically, the global salicylamide market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2020 to 2026.
– North America (U.S., Canada, Mexico, etc.)
– Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
– Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
– Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
– South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
Solar PV Industry achieved rapid development these years; Global capacity and production have a great development. In 2016, Global Market Size of Solar PV is nearly 38594.78 M USD; the actual sale is about 70546 MW.
China is the largest Solar PV region of Solar PV, with a sales market share nearly 31.94% in 2016. Asia pacific owns the largest market share comparing with Europe and North America, indicating the strong demand of Solar PV products.
The cost of PV has dropped dramatically as the industry has scaled up manufacturing and incrementally improved the technology with new materials. Installation costs have come down too with more experienced and trained installers. However, the U.S. still remains behind other nations that have stronger national policies to shift energy use from fossil fuels to solar. Globally, the U.S. is the fourth largest market for PV installations behind world leaders Germany, Japan and Spain.
Most modern solar cells are made from either crystalline silicon or thin-film semiconductor material. Silicon cells are more efficient at converting sunlight to electricity, but generally have higher manufacturing costs. Thin-film materials typically have lower efficiencies, but can be simpler and less costly to manufacture. A specialized category of solar cells – called multi-junction or tandem cells – are used in applications requiring very low weight and very high efficiencies, such as satellites and military applications. All types of PV systems are widely used today in a variety of applications.
Although there are many pessimistic factors, but the Solar PV industry is a clear development trend from 2016, the installation of Solar PV was about 70.55 GW, a huge increase compared to 2015. And in 2017, it is expected that the installation will have a great increase. Undoubtedly, the total capacity and production of Solar PV will be expanding in the following years.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of PV (Photovoltaics) Market
– Changing PV (Photovoltaics) market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of PV (Photovoltaics) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2019 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
The study comprises a mix of data pertaining to the key restraints, drivers, competitive landscape, regulatory forces, key strategies implemented by the key players, and opportunities, expected to have a profound impact on the scope of growth of the market. A detailed analysis of these factors allows the report to present a reliable forecast regarding the future growth dynamics of the PV (Photovoltaics) market.
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