Home Banner



Global Photovoltaic Market Size study, by Type (Modules, Inverters and Balance of System (BOS)), by Material (Silicon and Compounds), by Cell Type (Full Cell PV Modules and Half Cell PV modules), by Installation Type (Ground Mounted, Building-Integrated Photovoltaics (BIPV) and Floating PV), by Application (Residential, Commercial & Industrial and Utilities) and Regional Forecasts 2020-2027


ID : 59160 Date : Nov 2020 Pages : 200 Pages Publisher : BRCLLP Industry : Energy nd Power




Global Photovoltaic Market is valued approximately at USD 70.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.1% over the forecast period 2020-2027. The photovoltaic system is used to convert sunlight into electricity without increasing the carbon footprint. It further stores energy for future use and has low operating cost as compared to the traditional systems. It is used in wide range of applications including residential, commercial & industrial and utilities. The rising adoption of renewables in electronics, supportive government policies and initiatives for renewable energy sources and rising demand for PV systems for residential applications are the factors responsible for the growth of Photovoltaic Market over the forecast period 2020-2027. For instance, according to International Renewable Energy Agency IRENA, the renewable share of total generation capacity rose from 33.3% in 2018 to 34.7% in 2019. Also, renewables made up 26.2 percent of global electricity generation in 2018 and is expected to rise to 45 percent in 2040, due to rising consumption from renewable energy solar, wind and hydropower, stated by Center for Climate and Energy Solutions C2ES. Accroding to Hawaii State energy office, Hawaii renewable portfolio standards HRS 269-92 mandates 100 percent renewable energy in the electricity sector by 2045, whereas, in 2017, the renewable portfolio standards stood at 27.6 percent, more than 12 percent ahead of the interim statutory 2015 target of 15 percent. Such a rise in government mandates for renewable power consumption and increasing share of renewable power generation, is expected to boost the solar energy consumption which would propel the growth of the global Photovoltaic market. However, lack of skilled workforce for PV installation and maintenance is the major factor restraining the growth of global Photovoltaic market during the forecast period.

The regional analysis of global Photovoltaic Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the rising investment by government and key players in the region to increase the power generation without increasing the carbon footprint that leads to the market growth.

Major market player included in this report are:
JinkoSolar Holding Co., Ltd.
JA Solar Holdings
Trina Solar Co., Ltd.
Xian Longi Silicon Materials Corporation
Canadian Solar Inc.
First Solar, Inc.
Hanwha Q Cells Co., Ltd.
Mitsubishi Electric Corporation
Sharp Corporation
Suntech Power Holdings Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Modules
Inverters
Balance of System BOS

Material:
Silicon
Compounds

By Cell Type:
Full Cell PV Modules
Half Cell PV modules

By Installation Type:
Ground Mounted
Building-Integrated Photovoltaics BIPV
Floating PV

By Application:
Residential
Commercial & Industrial
Utilities


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Photovoltaic Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Billion
1.2.1. Photovoltaic Market, by Region, 2018-2027 USD Billion
1.2.2. Photovoltaic Market, by Type, 2018-2027 USD Billion
1.2.3. Photovoltaic Market, by Material, 2018-2027 USD Billion
1.2.4. Photovoltaic Market, by Cell Type, 2018-2027 USD Billion
1.2.5. Photovoltaic Market, by Installation Type, 2018-2027 USD Billion
1.2.6. Photovoltaic Market, by Application, 2018-2027 USD Billion
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Photovoltaic Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Photovoltaic Market Dynamics
3.1. Photovoltaic Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Photovoltaic Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Photovoltaic Market, by Type
5.1. Market Snapshot
5.2. Global Photovoltaic Market by Type, Performance - Potential Analysis
5.3. Global Photovoltaic Market Estimates & Forecasts by Type 2017-2027 USD Billion
5.4. Photovoltaic Market, Sub Segment Analysis
5.4.1. Modules
5.4.2. Inverters
5.4.3. Balance of System BOS
Chapter 6. Global Photovoltaic Market, by Material
6.1. Market Snapshot
6.2. Global Photovoltaic Market by Material, Performance - Potential Analysis
6.3. Global Photovoltaic Market Estimates & Forecasts by Material 2017-2027 USD Billion
6.4. Photovoltaic Market, Sub Segment Analysis
6.4.1. Silicon
6.4.2. Compounds
Chapter 7. Global Photovoltaic Market, by Cell Type
7.1. Market Snapshot
7.2. Global Photovoltaic Market by Cell Type, Performance - Potential Analysis
7.3. Global Photovoltaic Market Estimates & Forecasts by Cell Type 2017-2027 USD Billion
7.4. Photovoltaic Market, Sub Segment Analysis
7.4.1. Full Cell PV Modules
7.4.2. Half Cell PV modules
Chapter 8. Global Photovoltaic Market, by Installation Type
8.1. Market Snapshot
8.2. Global Photovoltaic Market by Installation Type, Performance - Potential Analysis
8.3. Global Photovoltaic Market Estimates & Forecasts by Installation Type 2017-2027 USD Billion
8.4. Photovoltaic Market, Sub Segment Analysis
8.4.1. Ground Mounted
8.4.2. Building-Integrated Photovoltaics BIPV
8.4.3. Floating PV
Chapter 9. Global Photovoltaic Market, by Application
9.1. Market Snapshot
9.2. Global Photovoltaic Market by Application, Performance - Potential Analysis
9.3. Global Photovoltaic Market Estimates & Forecasts by Application 2017-2027 USD Billion
9.4. Photovoltaic Market, Sub Segment Analysis
9.4.1. Residential
9.4.2. Commercial & Industrial
9.4.3. Utilities
Chapter 10. Global Photovoltaic Market, Regional Analysis
10.1. Photovoltaic Market, Regional Market Snapshot
10.2. North America Photovoltaic Market
10.2.1. U.S. Photovoltaic Market
10.2.1.1. Type breakdown estimates & forecasts, 2017-2027
10.2.1.2. Material breakdown estimates & forecasts, 2017-2027
10.2.1.3. Cell Type breakdown estimates & forecasts, 2017-2027
10.2.1.4. Installation Type breakdown estimates & forecasts, 2017-2027
10.2.1.5. Application breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Photovoltaic Market
10.3. Europe Photovoltaic Market Snapshot
10.3.1. U.K. Photovoltaic Market
10.3.2. Germany Photovoltaic Market
10.3.3. France Photovoltaic Market
10.3.4. Spain Photovoltaic Market
10.3.5. Italy Photovoltaic Market
10.3.6. Rest of Europe Photovoltaic Market
10.4. Asia-Pacific Photovoltaic Market Snapshot
10.4.1. China Photovoltaic Market
10.4.2. India Photovoltaic Market
10.4.3. Japan Photovoltaic Market
10.4.4. Australia Photovoltaic Market
10.4.5. South Korea Photovoltaic Market
10.4.6. Rest of Asia Pacific Photovoltaic Market
10.5. Latin America Photovoltaic Market Snapshot
10.5.1. Brazil Photovoltaic Market
10.5.2. Mexico Photovoltaic Market
10.6. Rest of The World Photovoltaic Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. JinkoSolar Holding Co., Ltd.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial Subject to Data Availability
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. JA Solar Holdings
11.2.3. Trina Solar Co., Ltd.
11.2.4. Xian Longi Silicon Materials Corporation
11.2.5. Canadian Solar Inc.
11.2.6. First Solar, Inc.
11.2.7. Hanwha Q Cells Co., Ltd.
11.2.8. Mitsubishi Electric Corporation
11.2.9. Sharp Corporation
11.2.10. Suntech Power Holdings Co., Ltd.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
FIG 1. Global Photovoltaic market, research methodology
FIG 2. Global Photovoltaic market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Photovoltaic market, key trends 2019
FIG 5. Global Photovoltaic market, growth prospects 2020-2027
FIG 6. Global Photovoltaic market, porters 5 force model
FIG 7. Global Photovoltaic market, pest analysis
FIG 8. Global Photovoltaic market, value chain analysis
FIG 9. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 10. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 11. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 12. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 13. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 14. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 15. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 16. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 17. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 18. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 19. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 20. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 21. Global Photovoltaic market by segment, 2017 & 2027 USD Billion
FIG 22. Global Photovoltaic market, regional snapshot 2017 & 2027
FIG 23. North America Photovoltaic market 2017 & 2027 USD Billion
FIG 24. Europe Photovoltaic market 2017 & 2027 USD Billion
FIG 25. Asia Pacific Photovoltaic market 2017 & 2027 USD Billion
FIG 26. Latin America Photovoltaic market 2017 & 2027 USD Billion
FIG 27. Global Photovoltaic market, company market share analysis 2019


RELATED REPORTS



CHOOSE A FORMAT


  • $ 4950
  • $ 6250



Do you have any Queries ?



TESTIMONIALS

I am completely satisfied with the information given in the sample pages of the report and I am waiting for the affirmative response from my peers and colleagues to purchase it.hey answered to all my queries promptly. I am highly satisfied!!
Andrew Keats
We received a very quick response to all our queries on the RTLS report and we were also given a free consult with analyst for 15 minutes. It is refreshing (and increasingly rare) to have a new company go the extra mile to win the confidence of the customer
Pascal Kim
I would like to express my gratitude for the excellent service received this morning from the support team. They acknowledged my concern of adding me to the secondary user's list immediately. Thank you for this excellent, speedy and thoughtful service
Ivan Mezia


CUSTOM RESEARCH

Still haven't found what you're looking for ?
Speak to our Custom Research Team