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Global Solar PV Balance Of Systems (BOS) Market 2019-2023 - Product Image

Global Solar PV Balance Of Systems (BOS) Market 2019-2023

  • ID: 4751572
  • Report
  • Region: Global
  • 128 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • ALLIED WIRE & CABLE
  • EATON
  • Huawei Technologies
  • SMA Solar Technology
  • SUNGROW
  • MORE

The market has witnessed an increasing development of Zero Energy Buildings (ZEB) as it significantly reduces the energy use by slashing its demand. It supplies the energy needs from renewable energy sources, such as solar panels. The ZEBs are constructed and designed using special materials, such as well-insulated building structures to prevent leaks for heating/cooling and increase the overall building efficiency. Renewable energy sources such as solar PV, fuel cells, and energy storage technologies are used to generate the power required by the building.

Governments across the world are pushing many initiatives for sustainable smart city developments. Many other countries have also set their focus on building smart cities. Solar PV systems help building smart cities significantly. Therefore, the initiatives that the governments are taking across the world for sustainable smart city developments will drive the growth of the global solar PV industry. This, in turn, will drive the growth of the global solar PV balance of systems. The global solar PV balance of systems market is expected to grow at a CAGR of over 21% during the forecast period.

Market Overview

Increasing investments in renewables energy

The total cost of generating electricity using renewable sources is relatively compared with the traditional sources such as fossil fuels. The shift in focus to renewable sources of energy is increasing investments in the energy industry. This will drive the growth of the global solar PV market. This, in turn, should drive the growth of the global solar PV balance of systems market during our forecast period.

Rising competition from other sources of energy

Many countries prefer using fossil fuels rather than renewable energy due to abundantly available fossil fuels rather than renewable energy. Therefore, the increased adoption of other resources of energy has been hindering the growth of the solar PV industry. This will affect the market negatively during our forecast period.

For the detailed list of factors that will drive and challenge the growth of the solar PV balance of systems market during the 2019-2023, view this report.

Competitive Landscape

The solar PV balance of systems market is moderately fragmented owing to the presence of several market players. The competitive cost of generating electricity and low carbon emissions from renewable sources have increased investments in renewable energy, globally. The market is currently in the growth phase. This will result in a highly competitive environment since all players will compete intensely to make the most from this growth. To help clients improve their positions in this competitive market, this research provides a detailed analysis of the market’s competitive landscape and also offers details on the services offered by several companies.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • ALLIED WIRE & CABLE
  • EATON
  • Huawei Technologies
  • SMA Solar Technology
  • SUNGROW
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Electrical BOS - Market size and forecast 2018-2023
  • Inverter - Market size and forecast 2018-2023
  • Structural BOS - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Advances in inverter technology
  • Reduced solar energy costs
  • Increasing development of Zero Energy Buildings (ZEB)
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB
  • ALLIED WIRE & CABLE
  • EATON
  • Huawei Technologies
  • SMA Solar Technology
  • SUNGROW
  • UNIRAC
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global solar PV systems market
Exhibit 03: Segments of global solar PV systems market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Product - Market share 2018-2023 (%)
Exhibit 19: Comparison by product
Exhibit 20: Electrical BOS - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Electrical BOS - Year-over-year growth 2019-2023 (%)
Exhibit 22: Inverter - Market size and forecast 2018-2023 ($ billions)
Exhibit 23: Inverter - Year-over-year growth 2019-2023 (%)
Exhibit 24: Structural BOS - Market size and forecast 2018-2023 ($ billions)
Exhibit 25: Structural BOS - Year-over-year growth 2019-2023 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2018-2023 (%)
Exhibit 29: Geographic comparison
Exhibit 30: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 32: Americas - Market size and forecast 2018-2023 ($ billions)
Exhibit 33: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 34: EMEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 35: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 36: Key leading countries
Exhibit 37: Market opportunity
Exhibit 38: Decision framework
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: ABB - Vendor overview
Exhibit 46: ABB - Business segments
Exhibit 47: ABB - Organizational developments
Exhibit 48: ABB - Geographic focus
Exhibit 49: ABB - Segment focus
Exhibit 50: ABB - Key offerings
Exhibit 51: ALLIED WIRE & CABLE - Vendor overview
Exhibit 52: ALLIED WIRE & CABLE - Organizational developments
Exhibit 53: ALLIED WIRE & CABLE - Key offerings
Exhibit 54: EATON - Vendor overview
Exhibit 55: EATON - Business segments
Exhibit 56: EATON - Organizational developments
Exhibit 57: EATON - Segment focus
Exhibit 58: EATON - Key offerings
Exhibit 59: Huawei Technologies - Vendor overview
Exhibit 60: Huawei Technologies - Business segments
Exhibit 61: Huawei Technologies - Organizational developments
Exhibit 62: Huawei Technologies - Geographic focus
Exhibit 63: Huawei Technologies - Segment focus
Exhibit 64: Huawei Technologies - Key offerings
Exhibit 65: SMA Solar Technology - Vendor overview
Exhibit 66: SMA Solar Technology - Business segments
Exhibit 67: SMA Solar Technology - Organizational developments
Exhibit 68: SMA Solar Technology - Geographic focus
Exhibit 69: SMA Solar Technology - Segment focus
Exhibit 70: SMA Solar Technology - Key offerings
Exhibit 71: SUNGROW - Vendor overview
Exhibit 72: SUNGROW - Organizational developments
Exhibit 73: SUNGROW - Key offerings
Exhibit 74: UNIRAC - Vendor overview
Exhibit 75: UNIRAC - Organizational developments
Exhibit 76: UNIRAC - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • ALLIED WIRE & CABLE
  • EATON
  • Huawei Technologies
  • SMA Solar Technology
  • SUNGROW
  • MORE
Global Solar PV Balance of Systems (BOS) Market 2019-2023

The analyst recognizes the following companies as the key players in the global solar PV balance of systems (BOS) market: ABB, ALLIED WIRE & CABLE, EATON, Huawei Technologies, SMA Solar Technology, SUNGROW, UNIRAC.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the advances in inverter technology such as shifting towards digitization. It means that more of the DC to AC conversion processes is happening electronically instead of mechanically. The advances in the inverter technologies will positively impact the growth of the global solar PV balance of systems market during the forecast period.”

According to the report, one of the major drivers for this market is the shift in focus to renewable sources of energy in increasing investments in the energy industry. This should drive the growth of the global solar PV balance of systems market during the estimated period.

Further, the report states that one of the major factors hindering the growth of this market is the increasing adoption of other resources of energy has been hindering the growth of the global PV industry globally. This has been adversely impacting the growth of the global solar PV balance of systems market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ABB
  • ALLIED WIRE & CABLE
  • EATON
  • Huawei Technologies
  • SMA Solar Technology
  • SUNGROW
  • UNIRAC
Note: Product cover images may vary from those shown
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