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World Photovoltaic Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773511
Photovoltaic is method of generating electricity from solar energy using semiconductors that produce photovoltaic effect. Photovoltaic market has showed leading growth in European countries. Around 74% of world’s new PV installation was done in Europe in 2011 PV market covers approximately 2.4% of electricity demand and approximately 5.1% of electricity demand in Europe. Photovoltaic market is strongly driven by decrease in PV technology cost and increase in electricity price. This driving force provides benefits to developing countries such as India, China, and Japan.

Change in climatic factors influence the growth of PV market. PV installation rate in Europe is decreased to 55% in 2012 from 74% in 2011.

The global PV market is becoming more diversified. China, America, Japan are emerging markets and continue to grow in future. The major market share for photovoltaic comes from utility sector. Mergers & acquisitions and expansion into new and emerging markets will bring success for the photovoltaic markets to increase sales.

Key companies included in this market are STR holdings, Inc., Hangzhou first PV, Material co.ltd, Solutia, Bridgestone Dow corning, DuPont, Mitsubishi Plastics Inc., Dai Nippon Printing Co. Ltd, Renewsys , Sanvic Inc. , Evasa , First Solar Gmbh.

KEY BENEFITS

The estimation is made according to the current market trends for the period of 2013 to 2020 along with historic revenues of 2011 and 2012
The report provides micro level analysis based on market segments such as type of materials, applications, types of components and geography.
The report provides assistance in making strategic decisions for business growth and expansion through value chain analysis, and Porter’s five forces model
Assessment and ranking the factors that favor the market growth and those factors which act as a Competitive landscape and competitor strategy analysis would help in better planning and execution of business strategies

KEY MARKET SEGMENTS

BY MATERIALS

Polyvinyl butyral
Ethylene vinyl acetate
Poly dimethyl siloxane
Ionomer
Thermoplastic polyurethane
Polyolefin

BY APPLICATIONS

Consumer electronics & telecommunications
Building integrated PV cell applications
Grid connected power supply applications
Military & space applications
Others

BY TYPES

Thin film PV market
Concentrated PV market
Solar PV market

BY COMPONENTS

Cells
Modules
Optics
Trackers

BY GEOGRAPHY

North America
Europe
Asia-Pacific
Row

KEY AUDIENCES

Manufacturers of Defense equipments
Manufacturers of laptops, mobile, cameras and other electronic gadgets.
Automotives manufacturing companies
Electronics goods manufacturing companies

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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