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Global Solar Energy Panel Market, by Solar Module, by Grid Type, by Application, by Region, Market Trend Analysis, Competitive Analysis, Size And Forecast, 2015-2025

  • ID: 4793168
  • Report
  • April 2019
  • Region: Global
  • 120 pages
  • Blueweave Consulting & Research Pvt Ltd
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FEATURED COMPANIES

  • Canadian Solar Inc.
  • First Solar Inc.
  • JA Solar Holdings Co Ltd.
  • Motech Industries Inc
  • Renesola
  • Trina Solar Limited
  • MORE
The global Solar Energy Panel market is anticipated to worth USD 52,491 million by 2018, with a CAGR of 21% during 2019-2025. The Global Solar Energy Panel Market is expected to witness a significant growth rate over the forecast period. Owing to the increasing government incentives for the adoption of solar panels along with the cost economics of polysilicon has expected to be the major driving factor of the global solar panel market. The solar panels convert solar energy into electricity, which creates a pollution-free environment and is more efficient than combustion technologies. The rapid expansion of solar photovoltaic (PV) installation capacities coupled with increasing demand for renewable power sources, is boosting the solar energy panel market in the coming years.

Moreover, raising awareness about the benefits of solar panels and depletion of fossil fuels is expected to surge the demand for solar panels. The other key factors supporting the growth of the market are future energy supply security, increasing investment in clean energy, and low operating cost of the solar power plant. Additionally, the demand for solar panels is growing due to the growing awareness about solar panel power generation being less polluting and producing fewer carbon emissions. Besides, the falling prices of key raw materials of solar panels, including silver and polysilicon, along with the price drops for other industrial commodities that are used to make solar panels, are expected to drive the market growth over the forecast period.

Commercial Sector Is Projected To Be the Most Lucrative Application Segment Of Global Solar Energy Panel Market During The Anticipated Period

In terms of applications, commercial sectors accounted for the largest market share in past years owing to factors such as high efficiency & utilization of direct current, etc. The emerging-market provides various opportunities to the market players, owing to a rise in disposable incomes and rapid growth in the global economy. Moreover, the residential segment is expected to witness significant growth during the forecast period due to the increasing awareness and adoption of roof-top panels. Besides, the utility-scale solar photovoltaic (PV) will grow at a high rate, owing to improving the cost competitiveness of solar photovoltaic (PV). Furthermore, the residential segment also witnessed sluggish growth in terms of the installation of solar energy due to discrepancies in sales strategies such as high installation and maintenance costs. However, rising development activities in developed countries such as Texas, Utah, Florida, and South California are expected to drive the segment over the forecast period, thereby generating the need for installation of renewable solar panel systems over the coming years.

Asia Pacific Region Is Expected To Be the Fastest Growing Region of Global Solar Energy Panel over the Forecast Period

The Asia Pacific region is expected to be the substantial growing regional segment for the solar panel market within the forecast period. Owing to increasing urbanization and population explosion and low cost of the product, especially in developing countries like China and India, are expected to augment the demand for energy generation and construction activities in a particular region. Besides, the growing investment in clean energy research & development in the emerging economies is expected to further boost the demand for solar energy panels in the coming years. Moreover, the European Region is expected to hold the lion share over the forecast period. Both Europe and the EU region, anticipate having strong growth in past years. While demand in the EU will be driven by the national binding 2020 renewables targets and low prices, the non-EU part of Europe will be propelled by Turkey’s solar program and solar’s attractive costs for the forthcoming years.

Global Solar Energy Panel Market: Competitive Landscape

Key players operating in the solar energy panel market includes Renesola, JinkoSolar Holding Co., Ltd., JA Solar Holdings Co Ltd., Canadian Solar Inc., First Solar, Inc., Trina Solar Limited, Hanwha Q CELLS (Hanwha Group), Motech Industries Inc., Yingli Green Energy Holding Company Limited, and Shunfeng International Clean Energy Limited Suntech, Sharp Solar, and Renewable Energy Corporation. Major Key Players are focused on organic and inorganic strategies such as merger & acquisition, and new product launches to enhance their business and product.


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

  • Canadian Solar Inc.
  • First Solar Inc.
  • JA Solar Holdings Co Ltd.
  • Motech Industries Inc
  • Renesola
  • Trina Solar Limited
  • MORE
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Research methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Sources
2.2. Quantitative Research
2.2.1. Primary & Secondary Sources
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption for the Study
2.7. Market Breakdown & Data Triangulation

3. Executive Summary

4. Industry Insights
4.1. Industry Value Chain Analysis
4.1.1. Vendor Matrix
4.2. Pricing Analysis
4.3. Industry Impact and Forces
4.3.1. Growth Drivers
4.3.2. Challenges
4.4. Technological Landscape
4.5. Regulatory Framework
4.6. Company market share analysis,2018
4.7. Growth Potential analysis,2018
4.8. Porter’s Five forces analysis
4.8.1. Bargaining Power of Suppliers
4.8.2. Bargaining Power of Buyers
4.8.3. Threat of New Entrants
4.8.4. Threat of Substitutes
4.8.5. Intensity of Rivalry
4.9. PESTEL Analysis
4.10. Strategic Outlook

5. Global Solar Energy Panel Market Overview
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Solar Module
5.2.2. By Grid Type
5.2.3. By Application
5.2.4. By Region

6. Global Solar Energy Panel Market, By Solar Module
6.1. Key Solar Module Trends
6.2. Mono-crystalline
6.2.1. Market estimates & forecast, 2015-2015
6.3. Poly-crystalline
6.3.1. Market estimates & forecast, 2015-2015
6.4. Thin-Film
6.4.1. Market estimates & forecast, 2015-2015
6.5. Others
6.5.1. Market estimates & forecast, 2015-2015

7. Global Solar Energy Panel Market, By Grid Type
7.1. Key Grid Type Trends
7.2. Grid-Connected
7.2.1. Market estimates & forecast, 2015-2015
7.3. Off-Grid
7.3.1. Market estimates & forecast, 2015-2015

8. Global Solar Energy Panel Market, By Application
8.1. Key Application Trends
8.2. Residential
8.2.1. Market estimates & forecast, 2015-2015
8.3. Commercial
8.3.1. Market estimates & forecast, 2015-2015
8.4. Industrial
8.4.1. Market estimates & forecast, 2015-2015
8.5. Power Utilities
8.5.1. Market estimates & forecast, 2015-2015

9. Global Solar Energy Panel Market, By Region
9.1. Key Regional Trends
9.2. North America
9.2.1. Market estimates & forecast, 2015-2025
9.2.2. Market estimates & forecast, By Solar Module, 2015-2025
9.2.3. Market estimates & forecast, By Grid Type, 2015-2025
9.2.4. Market estimates & forecast, By Application, 2015-2025
9.2.5. Market estimates & forecast, By Country, 2015-2025
9.3. Europe
9.3.1. Market estimates & forecast, 2015-2025
9.3.2. Market estimates & forecast, By Solar Module, 2015-2025
9.3.3. Market estimates & forecast, By Grid Type, 2015-2025
9.3.4. Market estimates & forecast, By Application, 2015-2025
9.3.5. Market estimates & forecast, By Country, 2015-2025
9.4. Asia Pacific
9.4.1. Market estimates & forecast, 2015-2025
9.4.2. Market estimates & forecast, By Solar Module, 2015-2025
9.4.3. Market estimates & forecast, By Grid Type, 2015-2025
9.4.4. Market estimates & forecast, By Application, 2015-2025
9.4.5. Market estimates & forecast, By Country, 2015-2025
9.5. Latin America
9.5.1. Market estimates & forecast, 2015-2025
9.5.2. Market estimates & forecast, By Solar Module, 2015-2025
9.5.3. Market estimates & forecast, By Grid Type, 2015-2025
9.5.4. Market estimates & forecast, By Application, 2015-2025
9.5.5. Market estimates & forecast, By Country, 2015-2025
9.6. Middle east & Africa
9.6.1. Market estimates & forecast, 2015-2025
9.6.2. Market estimates & forecast, By Solar Module, 2015-2025
9.6.3. Market estimates & forecast, By Grid Type, 2015-2025
9.6.4. Market estimates & forecast, By Application, 2015-2025
9.6.5. Market estimates & forecast, By Country, 2015-2025

10. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)
10.1 Amerisolar
10.2 Axitec
10.3 BenQ Solar (AUO)
10.4 Boviet Solar
10.5 Canadian Solar
10.5 CentroSolar
10.6 CertainTeed Solar
10.7 China Sunergy
10.8 ET Solar
10.9 Grape Solar
10.10 Green Brilliance
10.11 Hanwha Q CELLS
10.12 Solartech Universal
10.13 Trina Solar Energy
10.14 Winaico
10.15 SunPower
10.16 Talesun
10.17 Suniva Inc
10.18 SolarWorld
10.19 Renogy Solar
10.20 Neo Solar Power
Note: Product cover images may vary from those shown
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  • Renesola
  • JinkoSolar Holding Co. Ltd.
  • JA Solar Holdings Co Ltd.
  • Canadian Solar Inc.
  • First Solar Inc.
  • Trina Solar Limited
  • Hanwha Q CELLS (Hanwha Group)
  • Motech Industries Inc
Note: Product cover images may vary from those shown
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