Solar Photovoltaic (PV) systems are used to generate
electricity through the photovoltaic effect. Solar radiation is trapped and
converted to electricity via solar PV panels. The solar PV systems generate
electricity with negligible carbon emissions thereby cutting the carbon level
in the environment. Solar energy is freely and abundantly available,
eliminating the cost involved in fuel input. Solar energy is one of the best
alternative renewable sources of energy with least maintenance and operation
costs. The global solar PV installation is expected to reach 60.05 GW in 2018,
growing at a CAGR of 10.7% from 2012 to 2018.
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This market research analyzes the global market for solar
PV, estimating and forecasting the market from the demand perspective. The
overall market has been segmented on the basis of products based on grid type
(grid-connected and off-grid), end users, technology, as well as on a
geographical basis to provide a holistic picture of the market.
Key solar PV products analyzed in this study include
grid-connected and off-grid PV systems. Solar PV technologies estimated and
forecasted in this study include thin film PV, crystalline silicon PV, and
Other types that comprise CPV and organic solar PV etc. End users estimated and
forecasted include residential, commercial, and utility-scale sectors. Regional
data has been provided for North America, Europe, Middle East and Africa
(EMEA), Asia-Pacific, and Rest of the World (RoW).
This report also includes Porters five forces model, value
chain analysis of the market and market attractiveness analysis by technology.
Some of the key players that deal in solar PV include Suntech Power Holdings
Co. Ltd, Yingli Green Holdings Co. Ltd., Canadian Solar Inc., First Solar Inc,
and JA Solar. The report provides an overview of these companies followed by
their financial revenue, business strategies and recent developments.
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The research provides detailed analysis of companies dealing
in solar PV installation, trend analysis and demand forecast by geography.
Various levels of market segmentation for which estimate and forecast has been
provided are as follows:
Global solar PV market, by grid type:
Grid-connected
Off-grid
Global solar PV market, by technology:
Thin film PV
Crystalline silicon PV
Others
Global solar PV market, by end use:
Residential sector
Commercial sector
Utility-scale
Global solar PV market, by geography:
North America
Europe
Asia-Pacific
Rest of the World (RoW)
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