Global Photovoltaic System Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023

  • ID: 4030675
  • Report
  • Region: Global
  • 140 pages
  • Occams Business Research and Consulting
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The Global Photovoltaic System Market to Grow With CAGR of 18.7% During 2016-2022

FEATURED COMPANIES

  • Bosch Solar
  • Canadian Solar
  • Evergreen Solar
  • Hanwha Solarone
  • Mitsubishi Heavy
  • Schott Solar
  • MORE
The Global Photovoltaic System Market is anticipated to grow with CAGR of 18.70% during 2016-2022. The key drivers of the market are rapidly increasing consumption of the electricity globally, increasing adoption and its usage in various sectors, supportive government initiatives and environmental policies. Market has many opportunities for future such as rising prices of fossil fuels, and continuous reducing cost of photovoltaic system. The global PV market is estimated to reach above $350 billion by 2022. Rapid growth in consumption of electricity is the main driver of the global photovoltaic system market. According to the World Bank approximately 3200 kWh is per capita consumption of electricity power annually. Approx. 13148 million tons oil equivalent energy consumed globally. China is the biggest consumer of energy worldwide, it consumed approx. 3101 million tons oil equivalent energy in 2015. USA is second biggest consumer of energy, it consumed approx. 2196 million tons oil equivalent energy in 2015. Currently whole world need 30TW electricity to lightning the world annually. Statistics show by covering 1% of USA with PV system we can generate 30TW electricity in just 2 hours.

The global Photovoltaic system market can be segmented into types, applications, and components. Sub-segments of the market on the basis of types are organic photovoltaic and inorganic photovoltaic. Furthermore, on the basis of applications market can be sub segmented into military & space applications, residential application, non- residential application, power plant application, and other application. Cells, tracker, and optics are the sub segments of components of photovoltaics. In this segment, photovoltaic cells types are crystalline silicon PV cells, monocrystalline silicon PV cells, and thin film PV cells. Monocrystalline silicon PV cells are most efficient photovoltaic technology among all cells. Due to its capability to convert around 15 % sun light into electricity. Its production is complicated, resulting its cost is higher than other technologies.

The market can be segmented on the basis of geography in Asia Pacific, Europe, North America, South America, and rest of the world. Asia pacific is the fastest growing region in the global photovoltaic system market. Asia Pacific has a world’s biggest companies of photovoltaic system such as Yingli solar, Kyocera, Train solar, JA solar, and Sharp. China, Japan, India, and South Korea are the top consumer of electricity. China is the top producer of solar energy as well. China produced 43,530MW electricity in 2015. It is approximately 22.5% of the world’s total solar energy produced. Moreover Germany is second largest producer of solar energy. It produced approx. 39700MW solar energy in 2015. It is approximately 20.6% of total world’s solar energy. Japan is third largest producer followed by United States, Italy, UK, and France in 2015.

Key companies of the global photovoltaic system market are Trina Solar, Canadian Solar, BP Solar, Bosch Solar, Sharp, Yingli Green, United Solar Ovonic annd First Solar. Main strategies followed by companies are merger or acquisition, jointly work with government, and joint venture with other companies. American government is developing the satellite solar plant with NASA. That solar plant will be above 22000 miles from the earth in space and will be 3 miles to 6 miles wider in the space. NASA estimated $166 million expenditure on this project in next five years.

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FEATURED COMPANIES

  • Bosch Solar
  • Canadian Solar
  • Evergreen Solar
  • Hanwha Solarone
  • Mitsubishi Heavy
  • Schott Solar
  • MORE
1. Introduction
1.1. Executive Summary
1.2. Market Scope

2. Market Overview
2.1. Global Photovoltaic System Market: Evolution & Transition
2.2. Industry Structure
2.3. Manufacturing Process
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360 Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.7.6. Gap Analysis
2.8. Competitive Analysis
2.8.1. Market Share Analysis
2.8.2. Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities in Emerging Applications
2.9.3. Investment Opportunity in Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers& Market Impact
3.1.1. Increasing Energy Consumption Globally.
3.1.2. Adoption By Various Sectors.
3.1.3. Government Regulations And Initiatives.
3.2. Market Restraints
3.2.1. Huge System Installation Cost.
3.2.2. Deficient Certified Installer.
3.3. Market Opportunities
3.3.1. Hiking Prices of Fossil Fuels.
3.3.2. Falling Prices of Solar Panels And Energy Storage Devices.
3.4. Market Challenges
3.4.1. Lack of Awareness in Small Countries.
3.4.2. Requirement of Operational Space.

4. Market Segmentation
4.1. Global Photovoltaic System Market By Type
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation By Type 2014-2022 ($ Million)
4.1.5.1. Organic Photovoltaic
4.1.5.1.1. Adoption Scenario & Market Determinants
4.1.5.1.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.1.5.1.3. Application
4.1.5.1.4. Top Players & Key Products
4.1.5.1.5. Regional Analysis 2014-2022 ($ Million)
4.1.5.1.6. Key Conclusions
4.1.5.2. Inorganic Photovoltaic
4.1.5.2.1. Adoption Scenario & Market Determinants
4.1.5.2.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.1.5.2.3. Application
4.1.5.2.4. Top Players & Key Products
4.1.5.2.5. Regional Analysis 2014-2022 ($ Million)
4.1.5.2.6. Key Conclusions
4.2. Global Photovoltaic System Market By Application
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4. Opportunity Matrix
4.2.5. Market Segmentation By Application 2014-2022 ($ Million)
4.2.5.1. Military & Space Application
4.2.5.1.1. Adoption Scenario & Market Determinants
4.2.5.1.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.2.5.1.3. Application
4.2.5.1.4. Top Players & Key Products
4.2.5.1.5. Regional Analysis 2014-2022 ($ Million)
4.2.5.1.6. Key Conclusions
4.2.5.2. Residential Application
4.2.5.2.1. Adoption Scenario & Market Determinants
4.2.5.2.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.2.5.2.3. Application
4.2.5.2.4. Top Players & Key Products
4.2.5.2.5. Regional Analysis 2014-2022 ($ Million)
4.2.5.2.6. Key Conclusions
4.2.5.3. Non-Residential Application
4.2.5.3.1. Adoption Scenario & Market Determinants
4.2.5.3.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.2.5.3.3. Application
4.2.5.3.4. Top Players & Key Products
4.2.5.3.5. Regional Analysis 2014-2022 ($ Million)
4.2.5.3.6. Key Conclusions
4.2.5.4. Power Plant Application
4.2.5.4.1. Adoption Scenario & Market Determinants
4.2.5.4.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.2.5.4.3. Application
4.2.5.4.4. Top Players & Key Products
4.2.5.4.5. Regional Analysis 2014-2022 ($ Million)
4.2.5.4.6. Key Conclusions
4.2.5.5. Other Application
4.2.5.5.1. Adoption Scenario & Market Determinants
4.2.5.5.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.2.5.5.3. Application
4.2.5.5.4. Top Players & Key Products
4.2.5.5.5. Regional Analysis 2014-2022 ($ Million)
4.2.5.5.6. Key Conclusions
4.3. Global System Market By Components
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation By Components 2014-2022 ($ Million)
4.3.5.1. Photovoltaic Cells
4.3.5.1.1. Adoption Scenario & Market Determinants
4.3.5.1.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.3.5.1.3. Application
4.3.5.1.4. Top Players & Key Products
4.3.5.1.5. Regional Analysis 2014-2022 ($ Million)
4.3.5.1.6. Key Conclusions
4.3.5.2. Photovoltaic Trackers
4.3.5.2.1. Adoption Scenario & Market Determinants
4.3.5.2.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.3.5.2.3. Application
4.3.5.2.4. Top Players & Key Products
4.3.5.2.5. Regional Analysis 2014-2022 ($ Million)
4.3.5.2.6. Key Conclusions
4.3.5.3. Photovoltaic Optics
4.3.5.3.1. Adoption Scenario & Market Determinants
4.3.5.3.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.3.5.3.3. Application
4.3.5.3.4. Top Players & Key Products
4.3.5.3.5. Regional Analysis 2014-2022 ($ Million)
4.3.5.3.6. Key Conclusions
4.3.5.4. Other Components
4.3.5.4.1. Adoption Scenario & Market Determinants
4.3.5.4.2. Market Estimations And Forecast 2014-2022 ($ Million)
4.3.5.4.3. Application
4.3.5.4.4. Top Players & Key Products
4.3.5.4.5. Regional Analysis 2014-2022 ($ Million)
4.3.5.4.6. Key Conclusions

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of M&A
5.1.2. List of Jv
5.1.3. List of Product Launches
5.1.4. List of Partnership
5.2. Top 10 Company Analysis

6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4. Global Photovoltaic System Market By Region 2014-2022 ($ Million)
6.4.1. North America
6.4.1.1. Industrial End- Users Analysis 2014-2022 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.1.2.1.2. Top Players & Key Products
6.4.1.2.1.3. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.1.2.2.2. Top Players & Key Products
6.4.1.2.2.3. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry End- Users Analysis 2014-2022 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. Uk
6.4.2.2.1.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.2.2.1.2. Top Players & Key Products
6.4.2.2.1.3. Key Conclusions
6.4.2.2.2. Italy
6.4.2.2.2.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.2.2.2.2. Top Players & Key Products
6.4.2.2.2.3. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.2.2.3.2. Top Players & Key Products
6.4.2.2.3.3. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.2.2.4.2. Top Players & Key Products
6.4.2.2.4.3. Key Conclusions
6.4.2.2.5. Rest of Europe
6.4.2.2.5.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.2.2.5.2. Top Players & Key Products
6.4.2.2.5.3. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry End-Users Analysis 2014-2022 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.3.2.1.2. Top Players & Key Products
6.4.3.2.1.3. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.3.2.2.2. Top Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.3.2.3.2. Top Players & Key Products
6.4.3.2.3.3. Key Conclusions
6.4.3.2.4. South Korea
6.4.3.2.4.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.3.2.4.2. Top Players & Key Products
6.4.3.2.4.3. Key Conclusions
6.4.3.2.5. Rest of Asia Pacific
6.4.3.2.5.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.3.2.5.2. Top Players & Key Products
6.4.3.2.5.3. Key Conclusions
6.4.4. Row
6.4.4.1. Industry End-Users Analysis 2014-2022 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.4.2.1.2. Top Players & Key Products
6.4.4.2.1.3. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimations And Forecast 2014-2022 ($ Million)
6.4.4.2.2.2. Top Players & Key Products
6.4.4.2.2.3. Key Conclusions

7. Company Profiles
7.1. Bosch Solar
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Innovation Sector
7.1.4. Strategic Initiatives
7.1.5. Scot Analysis
7.2. Bp Solar
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Innovation Sector
7.2.4. Strategic Initiatives
7.2.5. Scot Analysis
7.3. Canadian Solar
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Innovation Sector
7.3.4. Strategic Initiatives
7.3.5. Scot Analysis
7.4. China Sunergy
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Innovation Sector
7.4.4. Strategic Initiatives
7.4.5. Scot Analysis
7.5. Evergreen Solar
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Innovation Sector
7.5.4. Strategic Initiatives
7.5.5. Scot Analysis
7.6. First Solar
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Innovation Sector
7.6.4. Strategic Initiatives
7.6.5. Scot Analysis
7.7. Hanwha Solarone
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Innovation Sector
7.7.4. Strategic Initiatives
7.7.5. Scot Analysis
7.8. Kyocera
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Innovation Sector
7.8.4. Strategic Initiatives
7.8.5. Scot Analysis
7.9. Mitsubishi Heavy
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Innovation Sector
7.9.4. Strategic Initiatives
7.9.5. Scot Analysis
7.10. Motech
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Innovation Sector
7.10.4. Strategic Initiatives
7.10.5. Scot Analysis
7.11. Schott Solar
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Key Innovation Sector
7.11.4. Strategic Initiatives
7.11.5. Scot Analysis
7.12. Sharp
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Key Innovation Sector
7.12.4. Strategic Initiatives
7.12.5. Scot Analysis
7.13. Trina Solar
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Key Innovation Sector
7.13.4. Strategic Initiatives
7.13.5. Scot Analysis
7.14. United Solar Ovonic
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Key Innovation Sector
7.14.4. Strategic Initiatives
7.14.5. Scot Analysis
7.15. Yingli Green
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Key Innovation Sector
7.15.4. Strategic Initiatives
7.15.5. Scot Analysis

List of Tables:
1. Global Photovoltaic System Market By Type 2014-2022 ($ Million)
2. Global Organic Photovoltaic By Geography 2014-2022 ($ Million)
3. Global Inorganic Photovoltaic By Geography 2014-2022 ($ Million)
4. Global Photovoltaic System Market By Application 2014-2022 ($ Million)
5. Global Military & Space Applications By Geography 2014-2022 ($ Million)
6. Global Residential Applications By Geography 2014-2022 ($ Million)
7. Global Non-Residential Applications By Geography 2014-2022 ($ Million)
8. Global Power Plant Applications By Geography 2014-2022 ($ Million)
9. Global Other Applications By Geography 2014-2022 ($ Million)
10. Global Photovoltaic System Market By Components 2014-2022 ($ Million)
11. Global Photovoltaic Cells By Geography 2014-2022 ($ Million)
12. Global Photovoltaic Tracker By Geography 2014-2022 ($ Million)
13. Global Photovoltaic Optics By Geography 2014-2022 ($ Million)
14. Global Other Components By Geography 2014-2022 ($ Million)
15. North America Photovoltaic System Market 2014-2022 ($ Million)
16. Europe Photovoltaic System Market 2014-2022 ($ Million)
17. Asia Pacific Photovoltaic System Market 2014-2022 ($ Million)
18. Rest of the World Photovoltaic System Market 2014-2022 ($ Million)

List of Figures:
1. Global Photovoltaic System Market By Organic Pv 2014-2022 ($ Million)
2. Global Photovoltaic System Market By Inorganic Pv 2014-2022 ($ Million)
3. Global Photovoltaic System Market By Military & Space Application 2014-2022 ($ Million)
4. Global Photovoltaic System Market By Residential Application 2014-2022 ($ Million)
5. Global Photovoltaic System Market By Non-Residential 2014-2022 ($ Million)
6. Global Photovoltaic System Market By Power Plant Application 2014-2022 ($ Million)
7. Global Photovoltaic System Market By Other Application 2014-2022 ($ Million)
8. Global Photovoltaic System Market By Cells 2014-2022 ($ Million)
9. Global Photovoltaic System Market By Trackers 2014-2022 ($ Million)
10. Global Photovoltaic System Market By Optics 2014-2022 ($ Million)
11. Global Photovoltaic System Market By Other 2014-2022 ($ Million)
12. United States (U.S.) Photovoltaic System Market 2014-2022 ($ Million)
13. Canada Photovoltaic System Market 2014-2022 ($ Million)
14. United Kingdom (Uk) Photovoltaic System Market 2014-2022 ($ Million)
15. Italy Photovoltaic System Market 2014-2022 ($ Million)
16. Germany Photovoltaic System Market 2014-2022 ($ Million)
17. Spain Photovoltaic System Market 2014-2022 ($ Million)
18. Roe Photovoltaic System Market 2014-2022 ($ Million)
19. India Photovoltaic System Market 2014-2022 ($ Million)
20. China Photovoltaic System Market 2014-2022 ($ Million)
21. Japan Photovoltaic System Market 2014-2022 ($ Million)
22. Korea Photovoltaic System Market 2014-2022 ($ Million)
23. Roapac Photovoltaic System Market 2014-2022 ($ Million)
24. Latin America Photovoltaic System Market 2014-2022 ($ Million)
25. Mena Photovoltaic System Market 2014-2022 ($ Million)
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  • Bosch Solar
  • Bp Solar
  • Canadian Solar
  • China Sunergy
  • Evergreen Solar
  • First Solar
  • Hanwha Solarone
  • Kyocera
  • Mitsubishi Heavy
  • Motech
  • Schott Solar
  • Sharp
  • Trina Solar
  • United Solar Ovonic
  • Yingli Green
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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