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Global Solar Panel Market 2019-2025

  • ID: 4901070
  • Report
  • January 2020
  • Region: Global
  • Orion Market Research Private Limited
UP TO OFF
until Dec 31st 2021

FEATURED COMPANIES

  • Canadian Solar Inc.
  • Hanwha Solarone Co. Ltd.
  • juwi AG
  • Motech Industries Inc.
  • Renesola Zhejiang Ltd
  • Sharp Corp.
Global Solar Panel Market Size, Share & Trends Analysis Report by Technology (Mono-crystalline, Polycrystalline silicon, Thin-film solar panel, and others), By End-User (Residential and Commercial), and Forecast, 2019-2025.

Global solar panel market is expected to grow with CAGR of 12.2% during the forecast period of 2019-2025. Solar energy is a form of renewable energy, which can be harnessed through solar panels that use the sun as the chief source of power. The solar panel is used in various industry verticals to convert to generate electrical power from solar energy. A variety of factors such as environmental concern, unstable crude and need of alternative energy sources are driving the solar panel market. Increased carbon emission due to fossil fuel and the need for unlimited clean energy are reasons behind the growth of the solar energy market. Government subsidy and policies aligned with the market is another motivating factor in various geographies. Recently, the energy sector became less popular investment destination due to unstable crude prices. The low interest of investors in the energy sector is a major restraint of the market.

Geographically, the global solar panel market is further classified into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is anticipated to have a significant market share in the global solar panel market. Emerging countries such as Malaysia, which is showing signs of possible rapid PV development in the future, followed by Vietnam and Indonesia. India could become one of the global PV market leaders during the forecast period. This can be attributed to the increasing investment in the renewable energy sector by the government. The North America solar panel market is growing due to the growth of the regional market that is backed by the rise in installations of rooftop solar panels within the regional countries, coupled with supportive government schemes in the region.

The global solar panel market is influenced by product development and technological advancements conducted by the market players. The key players of the solar panel market include Canadian Solar Inc., First Solar, Inc., Hanwha Solarone Co. Ltd., JinkoSolar Holding Co., Ltd, Sharp Corp., SunPower Corp., Tata Power Solar Systems Ltd., Trina Solar Co., Ltd, and many others. These players are playing a significant role in the growth of the solar panel market by providing various products and adopting several strategies such as a merger and acquisition, partnerships and collaboration, technological development, and others. For instance, in April 2018, First Solar, Inc. expanded its geographical presence by building a new solar module manufacturing facility near its existing Perrysburg, Ohio plant. The manufacturing facility is expected to produce 1.2 GW capacity of solar panels. Further, the manufacturing facility is focused on producing advanced technology Series 6 thin-film PV module.

Research Methodology

The market study of the global solar panel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.

Secondary sources include:
  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalogue
The report is intended for a solar panel manufacturer, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Global Solar panel Market Research and Analysis by Technology
2. Global Solar panel Market Research and Analysis by End-User

The Report Covers:
  • Comprehensive research methodology of the global solar panel market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global solar panel market.
  • Insights about market determinants which are stimulating the global solar panel market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Canadian Solar Inc.
  • Hanwha Solarone Co. Ltd.
  • juwi AG
  • Motech Industries Inc.
  • Renesola Zhejiang Ltd
  • Sharp Corp.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Canadian Solar Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. First Solar, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. JinkoSolar Holding Co., Ltd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Sharp Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. SunPower Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Global Solar panel Market by Technology
5.1.1. Mono-crystalline
5.1.2. Polycrystalline silicon
5.1.3. Thin-film solar panel
5.1.4. Others (Amorphous Silicon)
5.2. Global Solar panel Market by End-User
5.2.1. Residential
5.2.2. Commercial

6. Regional Analysis
6.1. North America
6.1.1. The US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. ALLPOWERS Industrial international Ltd.
7.2. Canadian Solar Inc.
7.3. China Sunergy (Nanjing) Co., Ltd.
7.4. First Solar, Inc.
7.5. Hanwha Solarone Co. Ltd.
7.6. JA SOLAR Co., Ltd.
7.7. JinkoSolar Holding Co., Ltd.
7.8. juwi AG
7.9. KYOCERA Corp.
7.10. Motech Industries Inc.
7.11. Neo Solar Power Corp.
7.12. Renesola Zhejiang Ltd
7.13. Risen Energy Co., Ltd
7.14. Sharp Corp.
7.15. Shenzhen Portable Electronic Technology Co., Ltd.
7.16. SunEdison Inc.
7.17. SunPower Corp.
7.18. Tata Power Solar Systems Ltd.
7.19. Trina Solar Co., Ltd,
7.20. Vikram Solar Ltd.
7.21. Yingli Green Energy Holding Co. Ltd.
Note: Product cover images may vary from those shown
  • ALLPOWERS Industrial international Ltd.
  • Canadian Solar Inc.
  • China Sunergy (Nanjing) Co., Ltd.
  • First Solar, Inc.
  • Hanwha Solarone Co. Ltd.
  • JA SOLAR Co., Ltd.
  • JinkoSolar Holding Co., Ltd.
  • juwi AG
  • KYOCERA Corp.
  • Motech Industries Inc.
  • Neo Solar Power Corp.
  • Renesola Zhejiang Ltd
  • Risen Energy Co., Ltd
  • Sharp Corp.
  • Shenzhen Portable Electronic Technology Co., Ltd.
  • SunEdison Inc.
  • SunPower Corp.
  • Tata Power Solar Systems Ltd.
  • Trina Solar Co., Ltd,
  • Vikram Solar Ltd.
  • Yingli Green Energy Holding Co. Ltd.
Note: Product cover images may vary from those shown
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