Global Solar Panel Market Research and Analysis, 2015-2022

  • ID: 3821056
  • Report
  • Region: Global
  • Orion Market Research Private Limited
15 % OFF
until Sep 30th 2018
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FEATURED COMPANIES

  • Abengoa Solar SA
  • Areva Energy Company
  • Canadian Solar Inc.
  • First Solar Inc.
  • Goal Zero Corporation
  • Schott Solar Ag
  • MORE

Market Insights:
The solar panel market is projected to witness an exponential growth rate during the forecasted period 2016-2022. Growing trend towards renewable energy and supportive government initiatives are the key forces driving the global market. One of the finest example of supportive government initiative is the Jawaharlal Nehru National Solar Mission which was launched on 11the January 2010. The mission was primarily targeted at deploying around 20,000 MW of grid connected solar power by the year 2022. It also aims at reducing the solar power generation cost within India by large scale deployment goals through a long-term policy and increasing the domestic production of critical components, raw materials and products and extensive R&D. Depleting natural resources has acted as a potential factor for the growth of the solar energy which in turn is boosting solar panel market. Around 40% of the energy is generated from coal which attributes towards environmental pollution. In such cases, solar energy is a promising alternative to the fossil fuels.

Decreasing prices of solar modules is projected to create significant growth opportunities for the global market. In China, the lowest reported in-house solar module production cost (including depreciation) in Q1 2016 was 37 U.S. cents ($0.37) per W. And as per Canadian Solar Inc., this cost is projected to decrease by 22% and reach around 29 U.S. cents ($0.29) per W by the end of 2017. However, low capacity factor coupled with low adoption in lower income countries is projected to hamper the growth of the global solar panel market.

Geographical Insights:
The global solar panel market can be bifurcated geographically into Asia Pacific, Europe, North America and Rest of the World. Across regions, Asia Pacific is projected to witness the highest growth rate in the global solar panel market during the forecasted period. The growth of the region is backed by the presence of potential forces within the regional countries. Chinese government’s strong solar commitment has boosted the country solar PV market. In 2015, China’s solar PV market was 15.5 GW, up by 46% from 10.6 GW in 2014, accounting for around 30% of total global demand solely. In 2015, China took over the title of largest total installed solar power capacity from Germany. At the end of 2015, China reached 43.5GW solar power capacity installation as compared to Germany at around 40GW. Along with it, Japan also gained 3rd position with around 34.3 GW connected to the grid. During 2015, Japan and China together accounted for over half of the new solar grid-connections, driven by the utility-scale power plants and feed-in tariffs. Rapid increase in solar power capacity within the regional countries is expected to attribute towards the growth of the regional market.

North America also gains a significant market share in the global solar panel market. The U.S. market grew its grid-connected capacity from 6.2GW in 2014 to 7.3GW in 2015. The growth of the region is backed by the state renewable portfolio standards as well as a 30% ITC (Investment Tax Credit) which have incentivized around half of the new installations being the utility-scale power plants. Although, other incentive tool such as net metering is increasingly challenged by the utilities & regulators resulting in the rising demand of solar power in the residential application. In the U.S., the demand for residential solar power increased by about 70% to over 2GW.

The report includes detailed market overview, market determinants, company profiling, sector analysis, market segmentation, geographical analysis, patent analysis, strategic recommendations, key company analysis, gap analysis, key findings, market estimations, market insights, analyst insights and predictive analysis of the market.

Competitive Insights:
The key players of solar panel market include AGL Solar Energy, First Solar Inc., Yingli Solar Energy Company, Trina Solar Ltd., Photonix Solar Pvt. Ltd. and Goal Zero Corporation. Agreements & partnerships, mergers & acquisitions and geographical expansion are some of the key strategies adopted by the market players with the aim to strengthen their market share in the global market. On April 2014, Yingli Green Energy signed an agreement with United PV for the acquisition of around 300MW solar PV plants. Yingli Energy Company Limited had entered into this agreement for the acquisition of solar PV plants in China to be constructed and developed by Yingli Green Energy. This collaboration is expected to benefit both the companies in expanding their solar PV business in China.

Market Segmentation:

Solar Panel Market by Application:

  • Commercial
  • Industrial
  • Residential
  • Power Plants
  • Others

Solar Panel Market by Type:

  • Polycrystalline Solar Panels
  • Monocrystalline Solar Panels
  • Amorphous Solar Panels

This Report Covers:

  • Comprehensive research methodology of global packaging machinery market
  • In-depth analysis of macro and micro factors influencing the market guided by key recommendations
  • Analysis of regional regulations and other government policies impacting the global packaging machinery market
  • Insights about market determinants which are stimulating the global packaging machinery market
  • Detailed and extensive market segments with regional distribution of researched revenues
  • Extensive profiles and recent developments of market players
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abengoa Solar SA
  • Areva Energy Company
  • Canadian Solar Inc.
  • First Solar Inc.
  • Goal Zero Corporation
  • Schott Solar Ag
  • MORE

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. by Segments
1.2.2. by Geography
1.2.3. by Stakeholders
1.2.3.1. Raw Material Suppliers
1.2.3.2. Manufacturers
1.2.3.3. Distributors

2. Market Overview and Insights
2.1. Definition
2.2. Analyst & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
2.3. Regulations
2.3.1. United States
2.3.2. European Union
2.3.3. China
2.3.4. India
2.3.5. Rest of the World

3. Market Determinant
3.1. Motivators
3.1.1. Supportive Government Initiatives
3.1.2. Rising Consumption of Electricity
3.1.3. Depleting Coal & Natural Gas Reserves
3.1.4. Rising Investment in Clean Energy
3.1.5. Low Operating & Maintenance Cost
3.1.6. Rising Environmental Concerns
3.2. Restraints
3.2.1. Low Adoption in Low-Income Countries
3.2.2. Low Capacity Factor
3.2.3. High Electricity Cost in Comparison to Other Sources
3.3. Opportunities
3.3.1. Technological Advancements
3.3.2. Decreasing Prices of Solar PV
3.3.3. Rising Demand from Emerging Economies

4. Market Segmentation
4.1. Solar Panel Market by Application
4.1.1. Commercial
4.1.2. Industrial
4.1.3. Residential
4.1.4. Power Plants
4.1.5. Others
4.2. Solar Panel Market by Type
4.2.1. Polycrystalline Solar Panels
4.2.2. Monocrystalline Solar Panels
4.2.3. Amorphous Solar Cells

5. Competitive Landscape
5.1. Key Strategies
5.2. Key Company Analysis

6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Rest of North America
6.2. Europe
6.2.1. United Kingdom
6.2.2. France
6.2.3. Germany
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of Europe
6.3. Asia Pacific
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Rest of Asia Pacific
6.4. Rest of the World

7. Company Profiles
7.1. Abengoa Solar SA
7.1.1. Introduction
7.1.2. Abengoa Solar SA Product Portfolio
7.1.3. Abengoa Solar SA Recent Activities
7.2. AGL Solar Energy
7.2.1. Introduction
7.2.2. AGL Solar Energy Product Portfolio
7.2.3. AGL Solar Energy Recent Activities
7.3. Areva Energy Company
7.3.1. Introduction
7.3.2. Areva Energy Company Product Portfolio
7.3.3. Areva Energy Company Recent Activities
7.4. Brightsource Energy Inc.
7.4.1. Introduction
7.4.2. Brightsource Energy Inc. Product Portfolio
7.4.3. Brightsource Energy Inc. Recent Activities
7.5. Canadian Solar Inc.
7.5.1. Introduction
7.5.2. Canadian Solar Inc. Product Portfolio
7.5.3. Canadian Solar Inc. Recent Activities
7.6. Esolar Inc.
7.6.1. Introduction
7.6.2. Esolar Inc. Product Portfolio
7.6.3. Esolar Inc. Recent Activities
7.7. First Solar Inc.
7.7.1. Introduction
7.7.2. First Solar Inc. Product Portfolio
7.7.3. First Solar Inc. Recent Activities
7.8. Gintech Eenergy Corp.
7.8.1. Introduction
7.8.2. Gintech Eenergy Corp. Product Portfolio
7.8.3. Gintech Eenergy Corp. Recent Activities
7.9. Goal Zero Corporation
7.9.1. Introduction
7.9.2. Goal Zero Corporation Product Portfolio
7.9.3. Goal Zero Corporation Recent Activities
7.10. Jinko Solar Holding Company Ltd.
7.10.1. Introduction
7.10.2. Jinko Solar Holding Company Ltd. Product Portfolio
7.10.3. Jinko Solar Holding Company Ltd. Recent Activities
7.11. Photonix Solar Pvt. Ltd
7.11.1. Introduction
7.11.2. Photonix Solar Pvt. Ltd. Product Portfolio
7.11.3. Photonix Solar Pvt. Ltd. Recent Activities
7.12. Schott Solar AG
7.12.1. Introduction
7.12.2. Schott Solar AG Product Portfolio
7.12.3. Schott Solar AG Recent Activities
7.13. Sharp Corporation
7.13.1. Introduction
7.13.2. Sharp Corporation Product Portfolio
7.13.3. Sharp Corporation Recent Activities
7.14. Solar Frontier Ltd.
7.14.1. Introduction
7.14.2. Solar Frontier Ltd. Product Portfolio
7.14.3. Solar Frontier Ltd. Recent Activities
7.15. Solar World AG
7.15.1. Introduction
7.15.2. Solar World AG Product Portfolio
7.15.3. Solar World AG Recent Activities
7.16. Suntech Power Holding Co. Ltd.
7.16.1. Introduction
7.16.2. Suntech Power Holding Co. Ltd. Product Portfolio
7.16.3. Suntech Power Holding Co. Ltd. Recent Activities
7.17. Sun Power Corporation
7.17.1. Introduction
7.17.2. Sun Power Corporation Product Portfolio
7.17.3. Sun Power Corporation Recent Activities
7.18. Tessera Solar
7.18.1. Introduction
7.18.2. Tessera Solar Product Portfolio
7.18.3. Tessera Solar Recent Activities
7.19. Trina Solar Ltd.
7.19.1. Introduction
7.19.2. Trina Solar Ltd. Product Portfolio
7.19.3. Trina Solar Ltd. Recent Activities
7.20. Yingli Solar Energy Company
7.20.1. Introduction
7.20.2. Yingli Solar Energy Company Product Portfolio
7.20.3. Yingli Solar Energy Company Recent Activities

List of Tables
Table 1 Global Solar Panel Market Research and Analysis, by Application 2015-2022 ($ Million)
Table 2 Global Commercial Market Research and Analysis 2015-2022 ($ Million)
Table 3 Global Industrial Market Research and Analysis 2015-2022 ($ Million)
Table 4 Global Residential Market Research and Analysis 2015-2022 ($ Million)
Table 5 Global Power Plants Market Research and Analysis 2015-2022 ($ Million)
Table 6 Global Others Market Research and Analysis 2015-2022 ($ Million)
Table 7 Global Solar Panel Market Research and Analysis, by Type 2015-2022 ($ Million)
Table 8 Global Polycrystalline Solar Panels Market Research and Analysis 2015-2022 ($ Million)
Table 9 Global Monocrystalline Solar Panels Market Research and Analysis, by Connector 2015-2022 ($ Million)
Table 10 Global Amorphous Solar Panels Market Research and Analysis 2015-2022 ($ Million)
Table 11 Abengoa Solar SA Product Portfolio
Table 12 Abengoa Solar SA Recent Activities
Table 13 AGL Solar Energy Product Portfolio
Table 14 AGL Solar Energy Recent Activities
Table 15 Areva Energy Company Product Portfolio
Table 16 Areva Energy Company Recent Activities
Table 17 Brightsource Energy Inc. Product Portfolio
Table 18 Brightsource Energy Inc. Recent Activities
Table 19 Canadian Solar Inc. Product Portfolio
Table 20 Canadian Solar Inc. Recent Activities
Table 21 Esolar Inc. Product Portfolio
Table 22 Esolar Inc. Recent Activities
Table 23 First Solar Inc. Product Portfolio
Table 24 First Solar Inc. Recent Activities
Table 25 Gintech Eenergy Corp. Product Portfolio
Table 26 Gintech Eenergy Corp. Recent Activities
Table 27 Goal Zero Corporation Product Portfolio
Table 28 Goal Zero Corporation Recent Activities
Table 29 Jinko Solar Holding Company Ltd. Product Portfolio
Table 30 Jinko Solar Holding Company Ltd. Recent Activities
Table 31 Photonix Solar Pvt. Ltd. Product Portfolio
Table 32 Photonix Solar Pvt. Ltd. Recent Activities
Table 33 Schott Solar AG Recent Activities
Table 34 Sharp Corporation Product Portfolio
Table 35 Sharp Corporation Recent Activities
Table 36 Solar Frontier Ltd. Product Portfolio
Table 37 Solar Frontier Ltd. Recent Activities
Table 38 Solar World AG Product Portfolio
Table 39 Solar World AG Recent Activities
Table 40 Suntech Power Holding Co. Ltd. Product Portfolio
Table 41 Suntech Power Holding Co. Ltd. Recent Activitie
Table 42 Sun Power Corporation Product Portfolio
Table 43 Sun Power Corporation Recent Activities
Table 44 Tessera Solar Product Portfolio
Table 45 Tessera Solar Recent Activities
Table 46 Trina Solar Ltd. Product Portfolio
Table 47 Trina Solar Ltd. Recent Activities
Table 48 Yingli Solar Energy Company Product Portfolio
Table 49 Yingli Solar Energy Company Recent Activities

List of Figures
Figure 1 North America Market Research and Analysis, 2015-2022
Figure 2 US Market Research and Analysis, 2015-2022
Figure 3 Canada Market Research and Analysis, 2015-2022
Figure 4 European Market Research and Analysis, 2015-2022
Figure 5 UK Market Research and Analysis, 2015-2022
Figure 6 France Market Research and Analysis, 2015-2022
Figure 7 Germany Market Research and Analysis, 2015-2022
Figure 8 Italy Market Research and Analysis, 2015-2022
Figure 9 Spain Market Research and Analysis, 2015-2022
Figure 10 RoE Market Research and Analysis, 2015-2022
Figure 11 Asia Pacific Market Research and Analysis, 2015-2022
Figure 12 India Market Research and Analysis, 2015-2022
Figure 13 China Market Research and Analysis, 2015-2022
Figure 14 Japan Market Research and Analysis, 2015-2022
Figure 15 RoAPAC Market Research and Analysis, 2015-2022
Figure 16 Rest of the World Market Research and Analysis, 2015-2022

Note: Product cover images may vary from those shown
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  • Abengoa Solar SA
  • AGL Solar Energy
  • Areva Energy Company
  • BrightSource Energy Inc.
  • Canadian Solar Inc.
  • Esolar Inc.
  • First Solar Inc.
  • Gintech Energy Corp.
  • Goal Zero Corporation
  • Jinko Solar Holding Company Ltd.
  • Photonix Solar Pvt. Ltd.
  • Schott Solar Ag
  • Sharp Corporation
  • Solar Frontier Ltd.
  • Solar World AG
  • Suntech Power Holding Co. Ltd.
  • Sun Power Corporation
  • Tessera Solar
  • Trina Solar Ltd.
  • Yingli Solar Energy Company
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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