Global Solar Engineering, Procurement & Construction (EPC) Market Growth Analysis and Industry Outlook by 2025 | Key Players: Trina, Canadian Solar, First Solar, SunPower, Enviromena, ALSA, Akuo Energy, Sterling and Wilson, among Others

This detailed market study focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global solar engineering, procurement & construction (EPC) market.

According to the report, the solar engineering, procurement & construction (EPC) market is expected to promise high growth owing to increasing environmental concerns along with strict regulatory mandates to curb GHG emissions in the recent years. Increasing demand from End-Use industries Residential, Commercial, Industrial, Institutional, Utility is expected to drive the growth of solar engineering, procurement & construction market.

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What is an EPC?

EPC is used in the solar sector to provide end-to-end solar services from system design, component procurement, and project installation. It includes activity from liaising / government approvals to maintenance. Engineering design includes customer requirement analysis, site survey, weather monitoring, structural design, determination of power generation capability, equipment choice, engineering design and 3D modeling of the solar power plant being suggested.

Key Factors Impacting Market Growth:

o Favorable government initiatives, including subsidies, FiT, investment tax credits and tax rebates
o Increasing environmental concerns along with strict regulatory mandates to curb GHG emissions

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.
Detailed information for markets like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World is provided by the global outlook for solar engineering, procurement & construction (EPC) market. During the forecast period, North America and Western Europe are projected as main regions for shortwave infrared sector. As one of the developed regions, the energy & power sector is important for the operations of different industries in this area

This is one of the key factors regulating solar engineering, procurement & construction (EPC) market growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.

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During the forecast period Asia Pacific is expected to be one of the fastest growing regions for the solar engineering, procurement & construction (EPC) market. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.

This report provides:

1) An overview of the global market for solar engineering, procurement & construction (EPC) market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global solar engineering, procurement & construction (EPC) market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

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The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like, Trina, Canadian Solar, First Solar, SunPower, Enviromena, ALSA, Akuo Energy, Sterling and Wilson, Enerparc, Hanwha Q Cells, Conergy, TBEA, Bechtel, Yingli Green Energy, Juwi, Belectric, Eiffage, Topsun and Swinerton.

Market Segmentation:

By Technology:
o PV
o CSP

By Type:
o Rooftop
o Ground Mounted

By End User:
o Residential
o Commercial
o Industrial
o Institutional
o Utility

By Region:

North America
o By Country (US, Canada, Mexico)
o By Technology
o By Type
o By End User

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Technology
o By Type
o By End User

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Technology
o By Type
o By End User

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Technology
o By Type
o By End User

o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Technology
o By Type
o By End User

o Rest of the World
o By Region (South America, Africa)
o By Technology
o By Type
o By End User

Reasons To Buy This Report:

o Market size estimation of the global solar engineering, procurement & construction (EPC) market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:

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This release was published on openPR.