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World Ultra Efficient Solar Power Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773137
The global rise of industrialization has increased the importance of solar energy. Solar energy is a viable alternative to fossil fuels, which are contributing to environmental pollution. The worldwide depletion of energy sources and growing environmental concerns are driving the need for solar power. However, the seasonal & fluctuating nature of solar radiations is a factor which significantly hinders the adoption of solar power. The ultra efficient solar power technology resolves this issue by maximizing the amount of energy generated. Solar energy is collected and utilized through various technologies such as solar PV, Solar Thermal and Concentrated PV. These technologies are promoted by governments and power companies through subsidies. Research and development is being conducted regarding various other technologies which are presently in the pipeline. There is a rising demand for energy sources that are renewable and environmentally friendly. This is a driving which boosts the growth of the global ultra efficient solar energy market. The rising energy consumption and the energy crisis in developing economies have illuminated the need for solar energy in developing economies such as China, India, Brazil, Canada and Germany.

The key players profiled in the reports are Intel, Tata Power Solar System Limited, Abengoa Solar SA, Areva, Canadian Solar Inc., Motech industries Inc., Renesola Limited, Solarworld AG, and Sunway.For the purpose of analysis, the market is segmented into materials, technology and regions. The materials market is further segmented into Silicon, Gallium Arsenide (GaAs), Copper Indium Diselenide and Cadmium Telluride (CdTe). With regard to technologies, the market is segmented into Crystalline & thin film PV and Concentric PV. Geographically, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East and Africa (LAMEA).

KEY BENEFITS

The report provides market intelligence with respect to product types, applications and geographies to enable precise investment decisions for companies
Value chain analysis provides key inputs on the role of all the stakeholders in the market
Porter’s Five Force analysis illustrates the potency of suppliers & buyers and the competitive scenario of the market, which assists companies in making plans to stay ahead of the competition
Estimations are made according to the current market scenario and future trends are projected for the analysis period of 2014-2020 with 2013 as the base year.

MARKET BY PRODUCT

Silicon
Cadmium Telluride (CdTe)
Copper Indium Diselenide
Gallium Arsenide (GaAs)

MARKET BY TECHNOLOGY

Crystalline
Thin film PV
Concentric PV

MARKET BY GEOGRAPHY

North America
Europe
Asia-Pacific
Latin America, Middle East and Africa (LAMEA)

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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