Press release
Photovoltaic Market - Development Status, Dynamics, Opportunities, Challenge and Growth 2025
Photovoltaics (PV) also known as solar PV originally evolved from a purely niche market with some small-scale application, and then gradually became one of the mainstream electricity source. Initially the market was dominated by Japan and developed nations of Europe only, however with several government initiatives taken across the globe for solar power plant installation, the market started growing exponentially.The report aims to provide an overview of global photovoltaic market with detailed market segmentation by component, applications, and five major geographical regions. The global photovoltaic market is expected to witness exponential growth rate during the forecast period. Awareness towards clean energy and rising power demand across all sector will drive photovoltaic market in the coming years.
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The objective of this report is as follows:
- To provide overview of the global photovoltaic market
- To analyze and forecast the global photovoltaic market on the basis of component and application
- To provide market size and forecast till 2025 for overall photovoltaic market with respect to five major regions
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
Segmentations Covered in the Photovoltaic Market:
Overview: Photovoltaic Market – By Component, By Application, Country, By Region
Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
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Some of the leading players in Photovoltaic Market:
Bosch Solar Energy AG
BP Solar
Greenshine New Energy
Canadian Solar
China Sunergy
Conergy
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