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The market is segmented by Product Type (Thin Film, Multi-Si, and Mono-Si), End-User (Residential, Commercial, and Utility), Deployment (Ground Mounted, and Rooftop Solar), and Geography (North America, Asia-Pacific, Europe, South America, Middle-East and Africa)
Fastest Growing Market:
Backed by the rapid decline in the cost of solar technology, coupled with the growing energy demand, the solar power market is projected to register a growth of around 4.3% CAGR during the forecast period of 2020-2025. Since 2004, the global investment in the solar power market has increased more than ten folds, from USD 11.2 billion to USD 114 billion in 2018, thereby making solar power one of the fastest-growing industries across the globe. The major factor of driving the global solar PV market is the declining cost of solar PV. Solar PV module prices reduced by nearly 73% in 2018, as compared to that in 2010. This would, in turn, have a positive impact on the growth of the global solar photovoltaic (PV) market. However, the adoption of the solar PV system is marginally affected by factors such as reliability, availability, overall production, and competitiveness. In addition, solar PV technology is limited to the snowfall and rain-prone areas.
The solar photovoltaic (PV) market report include:
|Middle-East and Africa|
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The solar photovoltaic (PV) market is fragmented. The key players in the solar photovoltaic market are JinkoSolar Holding Co. Ltd, Canadian Solar Inc., SunPower Corporation, Trina Solar Ltd, First Solar Inc., Suntech Power Holding Co. Ltd., Sharp Corporation, Hanwha Q Cells Co Ltd, and JA Solar Holdings Co. Ltd among others.
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET OVERVIEW
4.2 Solar Photovoltaic Market in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitute Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Thin film
5.2 End User
5.3.1 Ground Mounted
5.3.2 Rooftop Solar
5.4.1 North America
5.4.4 South America
5.4.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 First Solar, Inc.
6.3.2 Suntech Power Holding Co. Ltd.
6.3.3 Sharp Corporation
6.3.4 JinkoSolar Holding Co. Ltd
6.3.5 JA Solar Holdings Co. Ltd
6.3.6 Trina Solar Ltd
6.3.7 Hanwha Q Cells Co Ltd
6.3.8 Acciona SA
6.3.9 Canadian Solar Inc.
6.3.10 SunPower Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability