Global Solar Photovoltaic Panels Market was valued USD 133.34 Bn by 2018 and to USD XX Bn by 2026 at a CAGR of XX% during a forecast period of 2019-2026.
Rising need for sustainable energy resources and depleting oil reserves is a major driver for the market growth of solar photovoltaic panel. Solar Photovoltaic is the third most important source of renewable energy after hydro and wind power. Awareness for energy security and self-sufficiency coupled with government legislations is expected to rise solar photovoltaic panels market growth. Solar photovoltaic panels are used for residential rooftop for End Uses such as powering electronic devices, individual gadgets, and vehicle batteries. Countries with low income cannot afford the installation of solar photovoltaic panel. Also countries with reliable and stable grid infrastructure and subsidized electricity charges limits the adoption of solar photovoltaic panel which add restrain to the solar photovoltaic market. Fluctuation in crude oil price, environmental concern of hydro power, and risk of nuclear radiation accidents in nuclear power plants provide a great opportunity for solar power to meet the increasing demand of energy.
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The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
In terms of technology solar photovoltaic panels market is segmented into thin film, crystalline silicon and others. Among these crystalline silicon dominates the solar photovoltaic panels market. But thin film cells shows a prominent growth Owing to advantages of thin film panel over crystalline silicon. Thin film panels employs cadmium or glass substrates and have higher solar conversion efficiency at relatively lower costs as compared to their crystalline silicon.
In terms of end use solar photovoltaic panels market is segmented into residential, commercial and utility scale. Commercial segment is leading the solar photovoltaic market owing to popularity of top roof installation. Commercial and utility scale is expected to gain solar photovoltaic market in a forecast.
In terms of geography solar photovoltaic panels market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Europe was the largest regional solar panels market 2016. However Europe region has witnessed a sharp decline. Asia Pacific constitute more than half of market. The top five solar photovoltaic markets are China, United States, Japan, India, and United Kingdom, accounting for almost 80% of market.
The objective of the report is to present comprehensive analysis of Global Solar Photovoltaic Panels Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Solar Photovoltaic Panels Market dynamics, structure by analyzing the market segments, and project the Global Solar Photovoltaic Panels Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Solar Photovoltaic Panels Market make the report investor’s guide.
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Global Solar Photovoltaic Panels Market scope:
Global Solar Photovoltaic Panels Market, By Technology Type
• Thin Film
• Crystalline Silicon
Global Solar Photovoltaic Panels Market, By End Use Type
Global Solar Photovoltaic Panels Market, By Region
• Asia Pacific
• North America
• Middle East & Africa
• Latin America
Key Players Analysed in the Global Solar Photovoltaic Panels Market
• Suntech Power Holding Co. Ltd.
• Sun Power Corporation
• First Solar Inc.
• Yingli Green Energy Holding Co. Ltd.
• Canadian Solar Inc.
• Schott Solar Ag
• Sharp Corporation
• Solar World
• Jinko Solar Holding Company Ltd
• Trina Solar Ltd
• Kaneka Corporation
• Kyocera Corporation
• Panasonic Corporation
• Renesola Co. Ltd
• BP Solar International
• Bloo Solar Inc
• 1366 Technologies Inc.
• 3GSolar Photovoltaics Ltd.
MAJOR TOC OF THE REPORT
Chapter One: Solar Photovoltaic Panels Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Solar Photovoltaic Panels Market Competition, by Players
Chapter Four: Global Solar Photovoltaic Panels Market Size by Regions
Chapter Five: North America Solar Photovoltaic Panels Revenue by Countries
Chapter Six: Europe Solar Photovoltaic Panels Revenue by Countries
Chapter Seven: Asia-Pacific Solar Photovoltaic Panels Revenue by Countries
Chapter Eight: South America Solar Photovoltaic Panels Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Solar Photovoltaic Panels by Countries
Chapter Ten: Global Solar Photovoltaic Panels Market Segment by Type
Chapter Eleven: Global Solar Photovoltaic Panels Market Segment by Application
Chapter Twelve: Global Solar Photovoltaic Panels Market Size Forecast (2019-2026)
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
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