Solar PV Market Size, Share & Trend Analysis Report By Application (Residential, Non-Residential/Commercial, Utility), Value Chain Analysis, Market Dynamics, And Segment Forecasts, 2012 - 2020

  • ID: 4538788
  • Report
  • 93 pages
  • Grand View Research
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FEATURED COMPANIES

  • Canadian Solar (Canada)
  • Hanwha-SolarOne (China)
  • JA Solar (China)
  • Kyocera (Japan)
  • ReneSola (China)
  • SunPower (USA)
  • MORE
The global solar PV market is expected to reach 489.79 GW by 2020. Rising demand for sustainable energy resources coupled with favorable regulatory policies, is expected to drive the market growth over the forecast period.

Supportive regulations involving federal subsidy and incentives expected to be the prime factors impacting the industry growth on a positive note. Europe has been a major market for solar PV owing to early adoption of the technology in the region owing to high consumer awareness and positive government outlook in region.

Increasing demand for renewable energy sources owing to rising consumer awareness towards cost benefits associated with the technology is expected to propel growth. Furthermore, depleting fossil fuel resources coupled with growing demand for durable energy sources is expected to have a positive impact on the industry growth.

The technology offer low conversion efficiencies as compared to conversional energy sources including oil and biomass. Furthermore, the solar PV performance gets affected by various factors including type of raw material used for solar cell manufacturing, availability of sunlight and solar PV designs which is expected to hamper its growth over the forecast period.

Further key findings from the report suggest:
  • Utility is expected to be the fastest growing application segment, progressing at a CAGR of 21.3% over the forecast period, owing to the high demand for solar PV in electricity, and transportation
  • Non-residential application segment accounted for 26.3% of the total market share in 2016, high employment of solar PV in industrial processes for fulfilling heating requirements
  • European market is expected to witness a slow growth rate as compared to other regions, on account of early adoption of the technology in the region which led to saturation of the industry
  • Asia Pacific accounted for 17.9% of the total market share in 2016, on account of the favorable government regulations and initiatives taken by the government to install clean energy resources in order to curb the prevailing issue of pollution
  • The major players in the market are investing in R&D activities in order to come up with efficient and high performance systems in order to tap the rising consumer attention and to compete with the alternative energy resources


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FEATURED COMPANIES

  • Canadian Solar (Canada)
  • Hanwha-SolarOne (China)
  • JA Solar (China)
  • Kyocera (Japan)
  • ReneSola (China)
  • SunPower (USA)
  • MORE
Chapter 1 Executive Summary
1.1 Solar PV - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Solar PV Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Solar PV Market Dynamics
2.4 Key Opportunities Prioritized
2.5 Industry Analysis - Porter's
2.6 Solar PV - Company Market Share Analysis
2.7 Solar PV - PESTEL Analysis

Chapter 3 Solar PV End User Outlook
3.1 Residential
3.2 Non Residential
3.3 Utility

Chapter 4 Solar PV Regional Outlook
4.1 North America
4.2 Latin America
4.3 Europe
4.4 China
4.5 Asia Pacific
4.6 RoW

Chapter 5 Solar PV - Competitive landscape
5.1 Tianwei New Energy (China)
5.1.1 Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
5.2 ReneSola (China)
5.2.1 Company Overview
5.2.2 Financial Performance
5.2.3 Product Benchmarking
5.2.4 Strategic Initiatives
5.3 Kyocera (Japan)
5.3.1 Company Overview
5.3.2 Financial Performance
5.3.3 Product Benchmarking
5.3.4 Strategic Initiatives
5.4 Hanwha-SolarOne (China)
5.4.1 Company Overview
5.4.2 Financial Performance
5.4.3 Product Benchmarking
5.4.4 Strategic Initiatives
5.5 REC (Norway)
5.5.1 Company Overview
5.5.2 Financial Performance
5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives
5.6 Hareon Solar (China
5.6.1 Company Overview
5.6.2 Financial Performance
5.6.3 Product Benchmarking
5.6.4 Strategic Initiatives
5.7 Jinko Solar (China)
5.7.1 Company Overview
5.7.2 Financial Performance
5.7.3 Product Benchmarking
5.7.4 Strategic Initiatives
5.8 JA Solar (China)
5.8.1 Company Overview
5.8.2 Financial Performance
5.8.3 Product Benchmarking
5.8.4 Strategic Initiatives
5.9 First Solar (USA)
5.9.1 Company Overview
5.9.2 Financial Performance
5.9.3 Product Benchmarking
5.9.4 Strategic Initiatives
5.10 Suntech Power (China)
5.10.1 Company Overview
5.10.2 Financial Performance
5.10.3 Product Benchmarking
5.10.4 Strategic Initiatives
5.11 Canadian Solar (Canada)
5.11.1 Company Overview
5.11.2 Financial Performance
5.11.3 Product Benchmarking
5.11.4 Strategic Initiatives
5.12 Trina Solar (China)
5.12.1 Company Overview
5.12.2 Financial Performance
5.12.3 Product Benchmarking
5.12.4 Strategic Initiatives
5.13 Sharp (Japan)
5.13.1 Company Overview
5.13.2 Financial Performance
5.13.3 Product Benchmarking
5.13.4 Strategic Initiatives
5.14 SunPower (USA)
5.14.1 Company Overview
5.14.2 Financial Performance
5.14.3 Product Benchmarking
5.14.4 Strategic Initiatives
5.15 Yingli Green Energy (China)
5.15.1 Company Overview
5.15.2 Financial Performance
5.15.3 Product Benchmarking
5.15.4 Strategic Initiatives

Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources


List of Tables

1. Global Solar PV installed capacity, 2012 - 2020
2. Global Solar PV installed capacity by region, (GW), 2012 - 2020
3. Global Solar PV installed capacity by application, (GW), 2012 - 2020
4. Global Residential Solar PV installed capacity, 2012 - 2020, (GW)
5. Global Non Residential/ Commercial Solar PV installed capacity, 2012 - 2020, (GW)
6. Global Utility Solar PV installed capacity, 2012 - 2020, (GW)
7. North America Solar PV installed capacity, 2012 - 2020, (GW)
8. Latin America Solar PV installed capacity, 2012 - 2020, (GW)
9. Europe Solar PV installed capacity, 2012 - 2020, (GW)
10. China Solar PV installed capacity, 2012 - 2020, (GW)
11. Asia Pacific Solar PV installed capacity, 2012 - 2020, (GW)
12. Rest of the World (RoW) Solar PV installed capacity, 2012 - 2020, (GW)

List of Figures

1. Solar PV industry summary & critical success factors (CSFs)
2. Solar PV industry summary & critical success factors (CSFs)
3. Solar PV market segmentation
4. Global Solar PV installed capacity, (GW), 2012 - 2020
5. Global Solar PV installed capacity growth by region, (GW), 2012 - 2020
6. Global Solar PV installed capacity growth by application, (GW), 2012 - 2020
7. Solar PV market dynamics
8. Solar PV company market share analysis, 2012
9. Key opportunities prioritized
10. Industry analysis - Porter's
11. Solar PV PESTEL analysis, 2012
12. Solar PV Installed Capacity share by application, 2012 & 2020
13. Global residential solar PV installed capacity, (GW), 2012-2020
14. Global non residential/commercial solar PV installed capacity, (GW), 2012-2020
15. Global utility solar PV installed capacity, (GW), 2012-2020
16. Solar PV installed capacity share by region, 2012 & 2020
17. North America solar PV installed capacity
18. Latin America solar PV installed capacity, by application, 2012
19. Europe solar PV installed capacity, by application, 2012
20. China solar PV installed capacity, by application, 2012
21. Asia Pacific solar PV installed capacity, by application, 2012
22. Rest of the World solar PV installed capacity, by application, 2012
23. Global Solar PV Market - competitive landscape
24. Research methodology
25. List of data sources
26. Research scope & assumptions
27. Disclaimer
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  • Tianwei New Energy (China)
  • ReneSola (China)
  • Kyocera (Japan)
  • Hanwha-SolarOne (China)
  • REC (Norway)
  • Hareon Solar (China
  • Jinko Solar (China)
  • JA Solar (China)
  • First Solar (USA)
  • Suntech Power (China)
  • Canadian Solar (Canada)
  • Trina Solar (China)
  • Sharp (Japan)
  • SunPower (USA)
  • Yingli Green Energy (China)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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