Press release
Solar PV Systems Market: Key Player Trends, Analysis and Forecast to grow CAGR during 2019-2025
It has been observed that most of the installed solar power capacity is in the utility segment. The growth in global population that is increasing the need for electricity is driving the demand for solar PV systems from the utility segment. According to this market research and analysis, the utility segment was the major end-user to the solar PV systems market during 2017.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2025. The rising focus of the governments of various countries in this region towards the implementation of microgrid solutions to improve access to electricity in their countries will be a major factor propelling the growth of the solar PV systems market in this region.
The global Solar PV Systems market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Solar PV Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Solar PV Systems in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
SMA Solar Technology
JinkoSolar
Canadian Solar
Sungrow
Trina Solar
Schneider Elect
Huawei Technologies
KACO New Energy
Sharp Corporation
Flin Energy
First Solar
JA Solar
SolarEdge Technologies
Omron
Microtek International
Enphase Energy
Delta Group
Sineng Electric
Fronius International
Daqo New Energy
Chint Group
GoodWe (Jiangsu) Power Supply Technology
By the product type, the market is primarily split into
Organic PV
Inorganic PV
By the end users/application, this report covers the following segments
Utility
Commercial & Industrial
Residential
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