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Solar Photovoltaic (PV) Installations Market Growing By Technology $393,594 Million In 2023
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The sudden decline of prices in recent years opens new possibilities to develop PV systems in some locations with limited or no financial incentives. Furthermore, the fact that a PV solar power system requires no fuel provides a unique and valuable benefits to owners of such systems relative to traditional electricity generation assets.
This report projects the trends and opportunities of the global solar photovoltaic (PV) installations market. It includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
The global solar photovoltaic (PV) installations market witnesses strong growth owing to the availability of solar energy and increase in demand for electricity. Moreover, various encouraging steps taken by government to promote this mode of power generation and formation of multiple policies is expected to fuel the market growth. In addition, increase in demand for solar energy from residential, utility scale, and commercial sectors also boost the growth of the market. Furthermore, affordability of the installations has increased owing to high levels of market competition. Rise in property value, durability, and decrease in utility bills also contribute to the market growth in residential areas.
The global solar photovoltaic (PV) installations market is segmented based on technology, grid-type, end use, and geography. On the basis of technology, it is classified into thin film, crystalline silicon (mono and multi crystalline), and others (organic and concentrator photovoltaics). On the basis of grid type, it is bifurcated into grid connected and off-grid. Grid connected is further divided into centralized and decentralized. By end use, the market is categorized into residential, commercial, and utility scale. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector include:
• Trina Solar Ltd
• Canadian Solar Inc
• JA Solar
• First Solar Inc
• Jinko Solar Holding Company Ltd
• Yingli Green Energy Holding Co. Ltd
• Renesola
• Sun Power Corporation
• Solar World Ag and
• Mitsubishi Electric Corporation.
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KEY BENEFITS FOR STAKEHOLDERS
• This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2016–2023, which assists to identify the prevailing market opportunities.
• Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
• Region-wise and country-wise market conditions are comprehensively analyzed in the report.
Key players of the market are also listed.
• This study evaluates the value chain to understand the competitive environment across geographies.
• An in-depth analysis of segmentation is provided to elucidate the dominant market opportunities.
KEY MARKET SEGMENTATION
By Technology
• Thin Film
• Crystalline Silicon
• Monocrystalline
• Multicrystalline
• Others (Organic and Concentrator Photovoltaics)
By Grid Type
• Grid Connected
• Centralized
• Decentralized
• Off-Grid
By End Use
• Residential
• Commercial
• Utility Scale
By Region
• North America
• U.S.
• Canada
• Mexico
• Europe
• France
• Germany
• UK
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• India
• China
• Japan
• Australia
• Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Chile
• South Africa
• Rest of LAMEA
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The other players in the value chain (profiles not included in the report) are:
• Kaneka Corporation
• Kyocera Corporation
• Panasonic Corporation
• Sharp Corporation Ltd
• BP Solar International
• Bloo Solar Inc
• 1366 Technologies Inc. and
• 3GSolar Photovoltaics Ltd
• *The above list of companies is not profiled in the report, but can be added based on client interest.
Table Of Content
• CHAPTER 1. INTRODUCTION
• CHAPTER 2. EXECUTIVE SUMMARY
• CHAPTER 3. MARKET OVERVIEW
• CHAPTER 4. GLOBAL SOLAR PHOTOVOLTAIC (PV) INSTALLATIONS MARKET, BY TECHNOLOGY
• CHAPTER 5. GLOBAL SOLAR PHOTOVOLTAIC (PV) INSTALLATIONS MARKET, BY GRID TYPE
• CHAPTER 6. GLOBAL SOLAR PHOTOVOLTAIC (PV) INSTALLATIONS MARKET, BY END-USE
• CHAPTER 7. GLOBAL SOLAR PHOTOVOLTAIC (PV) INSTALLATIONS MARKET, BY GEOGRAPHY
• CHAPTER 8. COMPANY PROFILES
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