A new market research report on the Global Photovoltaic
market has introduced by KD Market Insights. The report is dedicated
to in-depth industry analysis of the global Photovoltaic market. The Global Photovoltaic analysis is broken down on
different segmentation levels including
Market By Technology, By System, By Application.
The global photovoltaic
market was valued at $53,916.0 million in 2018, and is projected to
reach $333,725.1 million by 2026, growing at a CAGR of 25.1% from
2019 to 2026.
Photovoltaic energy
is the energy produced by the sun’s radiation, which is transformed into
electricity in photovoltaic cells. The electricity is then fed into the
electricity network for can then be used in electrical equipment. Photovoltaic
energy technology is widely used in rooftop solar installations to provide
stored energy for residential buildings at a low cost. In addition, on a
commercial scale, photovoltaic technology is used in solar lamps, parking
meters, emergency telephones, trash compactors, temporary traffic signs,
charging stations, and remote guard posts & signals. Moreover, it is used
in solar buses and cars to provide electricity to run the vehicle motor.
Furthermore, in the agricultural sector, photovoltaic technology is widely in
solar drying to dry crops faster. It is further used in photovoltaic panels,
which generate electricity to run water pumps, and serves as an economical
option as compared to new electric lines to provide power to remote locations.
Moreover, photovoltaic technology is used in aerospace & defense sector for
manufacturing of solar panels to be used in satellite to generate electricity
for smooth working of satellite in space. In addition, in telecommunication
industry, it is widely used in PV modules consisting of silicon solar cells
connected in series or parallel that provide the required charging current for
batteries, thus enabling maintenance-free operation and reduced storage costs
for the entire system.
The growth of the
global photovoltaic market is majorly driven by increase in energy demand due
to rising population, in addition, surge in need for sustainable energy
resources has been witnessed across the globe, coupled with favorable
government regulations. These regulations focus on the reduced dependency on
fossil fuels and help in controlling environmental pollution. This in turn is
favoring the demand for renewable energy sources such as solar energy and is
the key factor that fuels the demand for photovoltaic energy. In addition,
reduction of carbon footprint and upsurge in need for low-cost energy
generation are expected to propel the growth of the photovoltaic market.
However, factors such
as high cost of installation, storage, and power conversion devices and low
efficiency of PV module are expected to hinder the growth of this market. On
the contrary, decrease in cost of solar systems and energy storage devices is
expected to offer lucrative opportunity for market growth. In addition,
increase in prices of fossil fuels is anticipated to provide remunerative
opportunities for market expansion, as rise in prices of fossil fuels, such as
coal, will boost the cost of electricity generation, which in turn will result
in increase in usage of photovoltaic energy.
The global photovoltaic market is segmented
based on technology, system, application, and region. Depending on technology,
the market is classified into thin film (cadmium telluride, copper indium
gallium diselenide, and amorphous thin-film silicon), mono-Si and multi-Si. The
systems covered in the study include high concentrated PV (HCPV) and low
concentrated PV (LCPV). On the basis of application, the market is classified
into industrial, residential, and commercial. Region wise, it is analyzed
across North America (U.S., Canada, and Mexico), Europe (Germany, France,
Italy, Spain, UK, and rest of Europe), Asia-Pacific (China, India, Japan, South
Korea, Thailand, Australia, and rest of Asia-Pacific), and LAMEA (Chile, South
Africa, Turkey, and rest of LAMEA).
The major key players
operating in the photovoltaic industry include Abengoa, Acciona, Canadian
Solar, First Solar, JA Solar Co., Ltd., Renesola, Sharp Corporation, Tata Power
Solar Systems Ltd., Trina Solar, and Wuxi Suntech Power Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
> Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
> It outlines the current trends and future scenario of the market from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets.
> Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
> The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
> The profiles of key players along with their key strategic developments are enlisted in the report.
> Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
> It outlines the current trends and future scenario of the market from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets.
> Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
> The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
> The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
By Technology
> Thin Film
> Cadmium Telluride
> Copper Indium Gallium Diselenide
> Amorphous Thin-film Silicon
> Mon- Si
> Multi Si
> Thin Film
> Cadmium Telluride
> Copper Indium Gallium Diselenide
> Amorphous Thin-film Silicon
> Mon- Si
> Multi Si
By System
> High Concentrated PV (HCPV)
> Low Concentrated PV (LCPV)
> High Concentrated PV (HCPV)
> Low Concentrated PV (LCPV)
By Application
> Industrial
> Residential
> Commercial
> Industrial
> Residential
> Commercial
By Region
North America
> U.S.
> Canada
> Mexico
Europe
> Germany
> France
> Spain
> Italy
> UK
> Rest of Europe
Asia-Pacific
> China
> Japan
> India
> South Korea
> Thailand
> Australia
> Rest of Asia-Pacific
LAMEA
> Chile
> South Africa
> Turkey
> Rest of LAMEA
> U.S.
> Canada
> Mexico
Europe
> Germany
> France
> Spain
> Italy
> UK
> Rest of Europe
Asia-Pacific
> China
> Japan
> India
> South Korea
> Thailand
> Australia
> Rest of Asia-Pacific
LAMEA
> Chile
> South Africa
> Turkey
> Rest of LAMEA
Access Complete Research Report with TOC @ https://www.kdmarketinsights.com/product/photovoltaic-market-amr
Table of Content
Chapter 1: Introduction
1.1. Report
Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary
Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings of
The Study
2.2. Key Findings
2.2. Key Findings
2.2.1. Top Investment
Pockets
2.3. Cxo Perspective
Chapter 3: Market Overview
3.1. Market
Definition And Scope
3.2. Key Forces Shaping Global Photovoltaic Market
3.3. Pricing Analysis
3.2. Key Forces Shaping Global Photovoltaic Market
3.3. Pricing Analysis
3.3.1. Pricing
Analysis, By Technology, 2018-2026
3.3.2. Pricing Analysis, By System, 2018-2026
3.3.3. Pricing Analysis, By Application, 2018-2026
3.3.4. Pricing Analysis, By Region, 2018-2026
3.3.2. Pricing Analysis, By System, 2018-2026
3.3.3. Pricing Analysis, By Application, 2018-2026
3.3.4. Pricing Analysis, By Region, 2018-2026
3.4. Value Chain
Analysis
3.5. Impact of Government Regulations On Global Photovoltaic Market
3.6. Patent Analysis
3.5. Impact of Government Regulations On Global Photovoltaic Market
3.6. Patent Analysis
3.6.1. By Region,
2012–2018
3.7. Market Dynamics
3.7.1. Drivers
3.7.1.1. Supportive
Government Policies And Initiatives Toward Usage of Photovoltaic Technology
3.7.1.2. Increase In Demand For Pv Technology In Residential Applications
3.7.1.2. Increase In Demand For Pv Technology In Residential Applications
3.7.2. Restraints
3.7.2.1. High Cost of
Installation, Storage, And Power Conversion Devices
3.7.2.2. Low Efficiency of Pv Modules
3.7.2.2. Low Efficiency of Pv Modules
3.7.3. Opportunities
3.7.3.1. Upsurge In
Demand For Renewable Energy
3.7.3.2. Rise In Prices of Fossil Fuels
3.7.3.2. Rise In Prices of Fossil Fuels
3.7.4. Parent Market
Overview
Chapter 4: Photovoltaic Market, By Technology
4.1. Overview
4.1.1. Market Size
And Forecast
4.2. Thin Film
4.2.1. Key Market
Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.2. Market Size And Forecast, By Region
4.2.2.1. Market Size
And Forecast, By Type
4.2.2.2. Cadmium Telluride
4.2.2.3. Copper Indium Gallium Diselenide
4.2.2.4. Amorphous Thin-Film Silicon
4.2.2.2. Cadmium Telluride
4.2.2.3. Copper Indium Gallium Diselenide
4.2.2.4. Amorphous Thin-Film Silicon
4.2.3. Market Share
Analysis, By Country
4.3. Mono-Si
4.3.1. Key Market
Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.4. Multi-Si
4.4.1. Key Market
Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Share Analysis, By Country
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Share Analysis, By Country
Chapter 5: Photovoltaic Market, By System
5.1. Overview
5.1.1. Market Size
And Forecast
5.2. High
Concentrated Pv (Hcpv)
5.2.1. Key Market
Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Low Concentrated
Pv (Lcpv)
5.3.1. Key Market
Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Share Analysis, By Country
Chapter 6: Photovoltaic Market, By Application
6.1. Overview
6.1.1. Market Size
And Forecast
6.2. Industrial
6.2.1. Key Market Trends,
Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Share Analysis, By Country
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Share Analysis, By Country
6.3. Residential
6.3.1. Key Market
Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Share Analysis, By Country
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Share Analysis, By Country
6.4. Commercial
6.4.1. Key Market
Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Share Analysis, By Country
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Share Analysis, By Country
Chapter 7: Photovoltaic Market, By Region
7.1. Overview
7.1.1. Market Size
And Forecast
7.2. North America
7.2.1. Key Market
Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Technology
7.2.3. Market Size And Forecast, By System
7.2.4. Market Size And Forecast, By Application
7.2.5. Market Share Analysis, By Country
7.2.6. U.S.
7.2.2. Market Size And Forecast, By Technology
7.2.3. Market Size And Forecast, By System
7.2.4. Market Size And Forecast, By Application
7.2.5. Market Share Analysis, By Country
7.2.6. U.S.
7.2.6.1. Market Size
And Forecast, By Technology
7.2.6.2. Market Size And Forecast, By System
7.2.6.3. Market Size And Forecast, By Application
7.2.6.2. Market Size And Forecast, By System
7.2.6.3. Market Size And Forecast, By Application
7.2.7. Canada
7.2.7.1. Market Size
And Forecast, By Technology
7.2.7.2. Market Size And Forecast, By System
7.2.7.3. Market Size And Forecast, By Application
7.2.7.2. Market Size And Forecast, By System
7.2.7.3. Market Size And Forecast, By Application
7.2.8. Mexico
7.2.8.1. Market Size
And Forecast, By Technology
7.2.8.2. Market Size And Forecast, By System
7.2.8.3. Market Size And Forecast, By Application
7.2.8.2. Market Size And Forecast, By System
7.2.8.3. Market Size And Forecast, By Application
7.3. Europe
7.3.1. Key Market
Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Technology
7.3.3. Market Size And Forecast, By System
7.3.4. Market Size And Forecast, By Application
7.3.5. Market Share Analysis, By Country
7.3.6. Germany
7.3.2. Market Size And Forecast, By Technology
7.3.3. Market Size And Forecast, By System
7.3.4. Market Size And Forecast, By Application
7.3.5. Market Share Analysis, By Country
7.3.6. Germany
7.3.6.1. Market Size
And Forecast, By Technology
7.3.6.2. Market Size And Forecast, By System
7.3.6.3. Market Size And Forecast, By Application
7.3.6.2. Market Size And Forecast, By System
7.3.6.3. Market Size And Forecast, By Application
7.3.7. France
7.3.7.1. Market Size
And Forecast, By Technology
7.3.7.2. Market Size And Forecast, By System
7.3.7.3. Market Size And Forecast, By Application
7.3.7.2. Market Size And Forecast, By System
7.3.7.3. Market Size And Forecast, By Application
7.3.8. Italy
7.3.8.1. Market Size
And Forecast, By Technology
7.3.8.2. Market Size And Forecast, By System
7.3.8.3. Market Size And Forecast, By Application
7.3.8.2. Market Size And Forecast, By System
7.3.8.3. Market Size And Forecast, By Application
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Email: sales@kdmarketinsights.com
Website: www.kdmarketinsights.com
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