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Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

  • ID: 4787700
  • Report
  • December 2018
  • Region: Global
  • 239 pages
  • GlobalData
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FEATURED COMPANIES

  • AVANCIS GmbH
  • Canadian Solar Inc
  • China Sunergy Co. Ltd.
  • Hanwha Q Cells GmbH
  • JA Solar Holdings Co Ltd
  • Ky
  • MORE
Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

Summary

Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022. Market saturation, reduction in subsidies and declining costs of technologies are the major factors impacting the global solar PV module market.

The global market volume is estimated to decline at a negative compound annual growth rate (CAGR) of 2.8% from 87.5 gigawatt (GW) in 2018 to 78.13GW in 2022. The large markets of China, India, Japan and the US are likely to decline, due to changes in their energy markets. In 2017, APAC constituted 73.6% of the market value due to the significant movements in the Chinese market. The various levels of economic progress exhibited by countries within APAC will help sustain the market for PV modules, despite a dip in the Chinese market. China, the largest market for solar PV is likely to see a decline in its market value, at a negative CAGR of 14.8% over the forecast period.

In order to counter the redundant capacity deployment of solar, which has transformed into a cost burden, the government proposed removing subsidies for utility scale projects and moving towards a competitive bidding market. Other countries in APAC, in particular in the Southeast, would drive the market, which is estimated to be $13.4bn in 2022. Over the forecast period, the EMEA region is estimated to have the highest solar PV installation growth rate of 7.5%. The European market is projected to hold steady over the forecast period, with Germany, France and Turkey contributing to the capacity addition.

The solar PV module market is projected to slow down, due to reduced installations in major markets. Declining price trends and environmental impact concerns of power generation would create new growth prospects in emerging nations. However, the declining prices of PV modules and other auxiliary technologies such as inverters has translated into lower project costs; benefitting project developers and enabling proliferation within price sensitive markets. The declining price trend will be critical in driving the global market value down to $23.7bn in 2022.

The latest report "Solar PV Module, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022", offers comprehensive information and understanding of the global solar PV module market. The report offers in-depth analysis of solar PV module market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Brazil, Chile, China, India, Japan, the UK, Germany, France and Turkey) level.

The report analyzes the solar PV module market volume, value and module price, classified by technologies for the historical (2012-2017) and forecast (2018-2022) period. The solar PV module technologies covered in the report include crystalline silicon (c-Si) and thin-film. The report covers drivers and restraints impacting the solar PV module market on a global level, key policies and initiatives, and competitive landscape for respective countries in 2017. Profiles of major solar PV module manufacturers and country wise key projects are also presented in this report.

Scope

The report analyzes solar PV module market. Its scope includes -
  • Analysis of the growth of solar PV module market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa (EMEA).
  • The report provides solar PV module market analysis for key countries including the US, Brazil, Chile, China, India, Japan, the UK, Germany, France and Turkey.
  • The report offers country level solar PV module market value and volume analysis for the historical (2012-2017) and forecast (2018-2022) period.
  • It provides competitive landscape at country level for the year 2017, profiles of major players in solar PV module market, and country level key projects.
  • Market drivers and restraints along with their impact on the global solar PV module market, key policies and regulatory environment are also discussed.
Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Facilitate decision-making by analyzing historical and forecast data on solar PV module market.
  • Develop strategies based on developments in the solar PV module market.
  • Identify key partners and business-development avenues, based on an understanding of the activities of the major competitors in the solar PV module market.
  • Respond to your competitors’ business structure, strategies and prospects.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • AVANCIS GmbH
  • Canadian Solar Inc
  • China Sunergy Co. Ltd.
  • Hanwha Q Cells GmbH
  • JA Solar Holdings Co Ltd
  • Ky
  • MORE
Executive Summary
Solar PV modules are Expected to Reach a Global Cumulative Capacity of 831 GW by 2022
China is Expected to Lead the Solar PV Market in the Forecast Period

Introduction
Solar Photovoltaic Technology
Classification of Solar PV Modules

Report Guidance
Solar PV Modules, Global
Solar PV Modules, Global, Market Overview
Solar PV Modules, Global, Drivers and Restraints
Solar PV Modules, Global, Market Volume, by Module Type, 2012-2022
Solar PV Modules, Global, Market Value, by Module Type, 2012-2022
Solar PV Modules, Global, Module Price, by Module Type, 2012-20222
Solar PV Modules, Global, Competitive Landscape, 2017
Solar PV Modules, Americas
Solar PV Modules, Americas, Market Overview
Solar PV Modules, Americas, Market Volume, by Module Type, 2012-2022
Solar PV Modules, Americas, Market Value, by Module Type, 2012-2022
Solar PV Modules, US
Solar PV Modules, US, Market Overview
Solar PV Modules, US, Key Policies and Initiatives
Solar PV Modules, US, Market Size Analysis
Solar PV Modules, US, Competitive Landscape, 2017
Solar PV Modules, US, Key Upcoming Projects
Solar PV Modules, Brazil
Solar PV Modules, Brazil, Market Overview
Solar PV Modules, Brazil, Key Policies and Initiatives
Solar PV Modules, Brazil, Market Size Analysis
Solar PV Modules, Brazil, Competitive Landscape, 2017
Solar PV Modules, Brazil, Key Upcoming Projects
Solar PV Modules, Chile
Solar PV Modules, Chile, Market Overview
Solar PV Modules, Chile, Key Policies and Initiatives
Solar PV Modules, Chile, Market Size Analysis
Solar PV Modules, Chile, Competitive Landscape, 2017
Solar PV Modules, Chile, Key Upcoming Projects
Solar PV Modules, Asia-Pacific
Solar PV Modules, Asia-Pacific, Market Overview
Solar PV Modules, Asia-Pacific, Market Volume, by Module Type, 2012-2022
Solar PV Modules, Asia-Pacific, Market Value, by Module Type, 2012-2022
Solar PV Modules, China
Solar PV Modules, China, Market Overview
Solar PV Modules, China, Key Policies and Initiatives
Solar PV Modules, China, Market Size Analysis
Solar PV Modules, China, Competitive Landscape, 2017
Solar PV Modules, China, Key Upcoming Projects
Solar PV Modules, India
Solar PV Modules, India, Market Overview
Solar PV Modules, India, Key Policies and Initiatives
Solar PV Modules, India, Market Size Analysis
Solar PV Modules, India, Competitive Landscape, 2017
Solar PV Modules, India, Key Upcoming Projects
Solar PV Modules, Japan
Solar PV Modules, Japan, Market Overview
Solar PV Modules, Japan, Key Policies and Initiatives
Solar PV Modules, Japan, Market Size Analysis
Solar PV Modules, Japan, Competitive Landscape, 2017
Solar PV Modules, Japan, Key Upcoming Projects
Solar PV Modules, Europe, Middle East, Africa (EMEA)
Solar PV Modules, EMEA, Market Overview
Solar PV Modules, EMEA, Market Volume, by Module Type, 2012-2022
Solar PV Modules, EMEA, Market Value, by Module Type, 2012-2022
Solar PV Modules, UK
Solar PV Modules, UK, Market Overview
Solar PV Modules, UK, Key Policies and Initiatives
Solar PV Modules, UK, Market Size Analysis
Solar PV Modules, UK, Competitive Landscape, 2017
Solar PV Modules, UK, Key Upcoming Projects
Solar PV Modules, Germany
Solar PV Modules, Germany, Market Overview
Solar PV Modules, Germany, Key Policies and Initiatives
Solar PV Modules, Germany, Market Size Analysis
Solar PV Modules, Germany, Competitive Landscape, 2017
Solar PV Modules, Germany, Key Upcoming Projects
Solar PV Modules, France
Solar PV Modules, France, Market Overview
Solar PV Modules, France, Key Policies and Initiatives
Solar PV Modules, France, Market Size Analysis
Solar PV Modules, France, Competitive Landscape, 2017
Solar PV Modules, France, Key Upcoming Projects
Solar PV Modules, Turkey
Solar PV Modules, Turkey, Market Overview
Solar PV Modules, Turkey, Key Policies and Initiatives
Solar PV Modules, Turkey, Market Size Analysis
Solar PV Modules, Turkey, Competitive Landscape, 2017
Solar PV Modules, Turkey, Key Upcoming Projects
Solar PV Modules, Global, Key Company Profiles

Appendix
Definitions
Abbreviations
Bibliography
Research Methodology
Contact Us
Disclaimer

List of Tables
Table 1: Solar PV Module, Global, Market Snapshot
Table 2: Solar PV Module, Global, Market Drivers and Restraints and Impact Analysis
Table 3: Solar PV Module, Global, Carbon Dioxide Emissions (MT), 2006-2017
Table 4: Solar PV Module, Global, Major Support Mechanisms by Country, as of 2017
Table 5: Solar PV Module, Global Market Volume (GW), by Module Type, 2012-2022
Table 6: Solar PV Module, Global, Market Value ($m), by Module Type, 2012-2022
Table 7: Solar PV Module, Global, Module Price ($/W), by Module Type, 2012-2022
Table 8: Solar PV Module, Global, Crystalline Market Share (%), 2017
Table 9: Solar PV Module, Global, Thin-film Market Share (%), 2017
Table 10: Solar PV Modules, Americas, Market Volume (MW), by Module Type, 2012-2022
Table 11: Solar PV Modules, Americas, Market Value ($m), by Module Type, 2012-2022
Table 12: Solar PV Modules, US, Market Snapshot
Table 13: Renewable Energy Market, US, Investment Tax Credit, 2016
Table 14: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025
Table 15: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
Table 16: Solar PV Modules, US, Market Volume (MW), by Module Type, 2012-2022
Table 17: Solar PV Modules, US, Market Value ($m), by Module Type, 2012-2022
Table 18: Solar PV Modules, US, Module Price ($/W), by Module Type, 2012-2022
Table 19: Solar PV Modules, US, Crystalline Market Share (%), 2017
Table 20: Hanwha Q Cells GmbH, Solar PV Power Plants
Table 21: Canadian Solar Inc., Solar PV Power Plants
Table 22: Jinko Solar Holding Co. Ltd., Solar PV Power Plants
Table 23: Solar PV Modules, US, Thin-film Market Share (%), 2017
Table 24: First Solar Inc., Solar PV Power Plants
Table 25: Solar PV Modules, US, Key Upcoming Projects
Table 26: Solar PV Modules, Brazil, Market Snapshot
Table 27: Renewable Energy Auctions, Brazil, 2007-2017
Table 28: Solar PV Modules, Brazil, Market Volume (MW), by Module Type, 2012-2022
Table 29: Solar PV Modules, Brazil, Market Value ($m), by Module Type, 2012-2022
Table 30: Solar PV Modules, Brazil, Module Price ($/W), by Module Type, 2012-2022
Table 31: Solar PV Modules, Brazil, Crystalline Market Share (%), 2017
Table 32: Canadian Solar Inc., Solar PV Power Plants
Table 33: Solar PV Modules, Brazil, Key Upcoming Projects
Table 34: Solar PV Modules, Chile, Market Snapshot
Table 35: Solar PV Modules, Chile, Market Volume (MW), by Module Type, 2012-2022
Table 36: Solar PV Modules, Chile, Market Value ($m), by Module Type, 2012-2022
Table 37: Solar PV Modules, Chile, Module Price ($/W), by Module Type, 2012-2022
Table 38: Solar PV Modules, Chile, Crystalline Market Share (%), 2017
Table 39: Sunpower Corporation, Solar PV Power Plants
Table 40: Solar PV Modules, Chile, Key Upcoming Projects
Table 41: Solar PV Module, Asia-Pacific, Market Volume (GW), by Module Type, 2012-2022
Table 42: Solar PV Module, Asia-Pacific, Market Value ($m), by Module Type, 2012-2022
Table 43: Solar PV Module, China, Market Snapshot
Table 44: Solar PV Module, China, Renewable Portfolio Standards by Province (%), 2020
Table 45: Solar PV Module, China, Key Provinces for Construction of Solar PV Projects in the 13th Five-Year Plan (MW), 2020
Table 46: Solar PV Module, China, Feed-in Tariffs for Major Provinces, 2015
Table 47: Solar PV Module, China, Feed-in Tariffs ($/kWh), 2016 and 2017
Table 48: Solar PV Module, China, Market Volume (MW), by Module Type, 2012-2022
Table 49: Solar PV Module, China, Market Value ($m), by Module Type, 2012-2022
Table 50: Solar PV Module, China, Module Price ($/W), by Module Type, 2012-2022
Table 51: Solar PV Module, China, Crystalline Market Share (%), 2017
Table 52: Solar PV Module, Lerri Solar Technology, Associated Projects
Table 53: Solar PV Module, Trina Solar Ltd., Associated Projects
Table 54: Solar PV Module, Jinko Solar Holding Co. Ltd., Associated Projects
Table 55: Solar PV Module, China, Key Upcoming Projects
Table 56: Solar PV Modules, India, Market Snapshot
Table 57: Renewable Energy Certificate Volume, India, January 2015-January 2018
Table 58: Result of 2 MW Inter-State Transmission System Wind Power Auction, India, February 2018
Table 59: National Solar Mission, India, Phase Targets, 2010-2022
Table 60: Solar PV Net metering Tariffs, India, 2016
Table 61: Federal Level Feed-in Tariff for Solar Power (INR/kWh and $/kWh), India, 2016-2017
Table 62: Top 10 Largest Solar Parks Under Construction, 2018
Table 63: Solar PV Modules, India, Market Volume (MW), by Module Type, 2012-2022
Table 64: Solar PV Modules, India, Market Value ($m), by Module Type, 2012-2022
Table 65: Solar PV Modules, India, Module Price ($/W), by Module Type, 2012-2022
Table 66: Solar PV Modules, India, Crystalline Market Share (%), 2017
Table 67: Trina Solar Ltd., Solar PV Power Plants
Table 68: Canadian Solar Inc., Solar PV Power Plants
Table 69: JA Solar Holding, Solar PV Power Plants
Table 70: Solar PV Modules, India, Thin-film Market Share (%), 2017

List of Figures
Figure 1: Solar PV Module, Global Share, Annual Installation and Market Value, 2017 and 2022
Figure 2: Solar PV Module, Top 10 Countries
Figure 3: Solar PV Module, Global, Market Value Analysis by Region, 2017 and 2022
Figure 4: Solar PV Module, Global, Project Cost for Solar PV, $/kW
Figure 5: Solar PV Module, Global, Market Volume (GW), by Module Type, 2012-2022
Figure 6: Solar PV Module, Global, Market Value ($m), by Module Type, 2012-2022
Figure 7: Solar PV Module, Global, Crystalline Market Share (%), 2017
Figure 8: Solar PV Module, Global, Thin-film Market Share (%), 2017
Figure 9: Solar PV Modules, Americas, Market Volume (GW), by Module Type, 2012-2022
Figure 10: Solar PV Modules, Americas, Market Value ($m), by Module Type, 2012-2022
Figure 11: Power Mix, US, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 12: Solar PV Modules, US, Market Volume (MW), by Module Type, 2012-2022
Figure 13: Solar PV Modules, US, Market Value ($m), by Module Type, 2012-2022
Figure 14: Solar PV Modules, US, Crystalline Market Share (%), 2017
Figure 15: Solar PV Modules, US, Thin-film Market Share (%), 2017
Figure 16: Power Mix, Brazil, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 17: Solar PV Modules, Brazil, Market Volume (MW), by Module Type, 2012-2022
Figure 18: Solar PV Modules, Brazil, Market Value ($m), by Module Type, 2012-2022
Figure 19: Solar PV Modules, Brazil, Crystalline Market Share (%), 2017
Figure 20: Power Mix, Chile, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 21: Solar PV Modules, Chile, Market Volume (MW), by Module Type, 2012-2022
Figure 22: Solar PV Modules, Chile, Market Value ($m), by Module Type, 2012-2022
Figure 23: Solar PV Modules, Chile, Crystalline Market Share (%), 2017
Figure 24: Solar PV Module, Asia-Pacific, Market Volume (GW), by Module Type, 2012-2022
Figure 25: Solar PV Module, Asia-Pacific, Market Value ($m), by Module Type, 2012-2022
Figure 26: Solar PV Module, China, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 27: Solar PV Module, China, Market Volume (MW), by Module Type, 2012-2022
Figure 28: Solar PV Module, China, Market Value ($m), by Module Type, 2012-2022
Figure 29: Solar PV Module, China, Crystalline Market Share (%), 2017
Figure 30: Power Mix, India, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 31: Solar PV Modules, India, Market Volume (MW), by Module Type, 2012-2022
Figure 32: Solar PV Modules, India, Market Value ($m), by Module Type, 2012-2022
Figure 33: Solar PV Modules, India, Crystalline Market Share (%), 2017
Figure 34: Solar PV Modules, India, Thin-film Market Share (%), 2017
Figure 35: Power Mix, Japan, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 36: Solar PV Modules, Japan, Market Volume (MW), by Module Type, 2012-2022
Figure 37: Solar PV Modules, Japan, Market Value ($m), by Module Type, 2012-2022
Figure 38: Solar PV Modules, Japan, Crystalline Market Share (%), 2017
Figure 39: Solar PV Modules, Japan, Thin-film Market Share (%), 2017
Figure 40: Solar PV Modules, EMEA, Market Volume (GW), by Module Type, 2012-2022
Figure 41: Solar PV Modules, EMEA, Market Value ($m), by Module Type, 2012-2022
Figure 42: Power Mix, UK, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 43: Solar PV Modules, UK, Market Volume (MW), by Module Type, 2012-2022
Figure 44: Solar PV Modules, UK, Market Value ($m), by Module Type, 2012-2022
Figure 45: Solar PV Modules, UK, Crystalline Market Share (%), 2017
Figure 46: Power Mix, Germany, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 47: Solar PV Modules, Germany, Market Volume (MW), by Module Type, 2012-2022
Figure 48: Solar PV Modules, Germany, Market Value ($m), by Module Type, 2012-2022
Figure 49: Power Mix, France, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 50: Solar PV Modules, France, Market Volume (MW), by Module Type, 2012-2022
Figure 51: Solar PV Modules, France, Market Value ($m), by Module Type, 2012-2022
Figure 52: Power Mix, Turkey, Cumulative Installed Capacity (%), by Fuel Sources, 2017 and 2022
Figure 53: Solar PV Modules, Turkey, Market Volume (MW), by Module Type, 2012-2022
Figure 54: Solar PV Modules, Turkey, Market Value ($m), by Module Type, 2012-2022
Figure 55: Solar PV Modules, Turkey, Crystalline Market Share (%), 2017
Note: Product cover images may vary from those shown
3 of 3
  • Hanwha Q Cells GmbH
  • JA Solar Holdings Co Ltd
  • Canadian Solar Inc
  • Trina Solar Ltd
  • China Sunergy Co. Ltd.
  • SolarWorld
  • SunPower Corporation
  • Solibro GmbH
  • AVANCIS GmbH
  • Mitsubishi Electric Corp
  • Yingli Green Energy Holding Company Limited
  • Ky
Note: Product cover images may vary from those shown
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