Press release
Vietnam Solar PV Equipment Market is in the Growing Stage Owing to Government initiatives and Technological Improvements & Reduced Costs: Ken Research
Government's Commitment to Energy Security: The Vietnamese government has provided social security and trust to its people for using green energy like Solar PV through its FiT programs. Delays in new coal and other power projects amid rising electricity demand have reflected the priority of government in switching to cleaner & greener sources like Solar PV.
Public demand for environmental protection: Serious air pollution and climate related concerns in urban areas has triggered public opposition to switch to cleaner energy sources like Solar PV. With favorable conditions for RTS, many households have also started to switch to Solar PV for their self-consumption.
Power Development Plan VIII: With the revised decision of the Power Development Plan VIII, the Vietnam Government has identified renewables like Solar PV, Wind and others as its highest priority sector for generating power in the country, which eventually helped the country to meet the set zero emission target.
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjIw
Geographical Presence: Vietnam as a country is blessed with generous amount of sunshine with roughly 2000-2500 hours of annual sunlight, which makes it an ideal region for using solar power in meeting its power needs. Within the country, the southern part is more viable and potential for solar generation by the geographical landscape as well as the economical point of view.
Rising Solar PV Installed Capacity: Solar PV Equipment Market in Vietnam registered a robust CAGR in between 2017 and 2022P.The surging growth is attributed to the government's Feed-in-Tariffs and tax related incentives arising from concerns on climate change. With the FiT Phase I being introduced to the public, developers increased their installed capacity of solar power massively from just 100MW in 2017 to 4900MW by 2019.The Total Solar PV Installed Capacity in the country also grew from just a 100MW in 2017 to more than 18000 in 2022P.
Analysts at Ken Research in their latest publication- "Vietnam Solar PV Equipment Market Outlook to 2027 - Driven by the regulations and incentives updated by the Government of Vietnam and concerns for climate change" by Ken Research provides a comprehensive analysis of the potential of the Vietnam Solar PV Equipment Market. Public demand for environmental protection and the Government's intention to develop solar power generation as a new economic sector are expected to contribute to the market growth over the forecast period. Vietnam Solar PV Equipment Market is expected to grow at a robust CAGR over the forecasted period 2023E-2027E.
Key Segments Covered
Segmentation by the Type of Technology:
Monocrystalline
Polycrystalline
Thin film
Segmentation by Region:
South
Central highlands
North
Segmentation by Type of End User:
Commercial
Industrial
Residential
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjIw
Segmentation by Type of Mounting
Ground Mounted
Rooftop solar
Segmentation By Type of Connectivity
On Grid
Off Grid
Key Target Audience
Solar PV Module Manufacturers
Solar PV Inverter Companies
EPC/Developers
Power Plant Owners/Utilities
Operation & Maintenance (O&M) Companies
Investor Community
Financing Companies
Government Bodies & Industry Organizations
Other Stakeholders
Time Period Captured in the Report:-
Historical Period: 2017-2022P
Base Year: 2022P
Forecast Period: 2023E-2027E
Ask For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MjIw
Companies Covered:-
Supply Side Entities
Trina solar
Jasolar
Irex
Boviet solar
Canadian solar
Jinko solar
Longi
Firstsolar
Key Topics Covered in the Report:-
Executive summary
Country overview
Market Overview of Solar PV Equipment Market Vietnam
ASEAN Market Overview
Renewable Energy Market Overview
Ecosystem of Major Players in the Market
Value Chain
Market Size of Solar PV Equipment Market in Vietnam
Market Segmentation of Solar PV Equipment Market in Vietnam, 2022
Segmentation on the Type of Technology, End User, Region, Mounting, Connectivity
Industry Analysis
Trends & Developments in Vietnam Solar PV Equipment Market
Growth Drivers of Vietnam Solar PV Equipment Market
Government Regulations & Incentives in Vietnam Solar PV Equipment Market
Upcoming Projects & Investments in Vietnam Solar PV Equipment Market
Challenges & Issues Faced in Vietnam Solar PV Equipment Market
Demand Analysis
TAM, SAM, SOM of Vietnam Solar PV Equipment Market
Demand Analysis of Vietnam Solar PV Equipment Market
Competitive Landscape
Competition Overview of Solar PV Equipment market in Vietnam
Market Positioning Analysis
BCG Matrix Analysis of Vietnam Solar PV Equipment Market
Cross Comparison of Top Players
Future Outlook and Projections, 2023E-2027E
Future Market Size of Solar PV Equipment Market in Vietnam on the basis of Revenue and Total Installed Capacity, 2023E-2027E
Future Market Segmentation on the Type of Technology, 2022P-2027E
Future Market Segmentation on the Type of End User, 2022P-2027E
Future Market Segmentation on the Type of Region, 2022P-2027E
Future Market Segmentation on the Type of Mounting, 2022P-2027E
Future Market Segmentation on the Type of Connectivity, 2022P-2027E
Case Study: LONGi Solar
Analyst Recommendations
Industry Speaks
Research Methodology
Disclaimer
Contact Us
For more insights on the market intelligence, refer to below link:-
https://www.kenresearch.com/energy-and-utilities/clean-technology/vietnam-solar-pv-equipment-market-outlook-to-2027/596220-103.html
Related Report by Ken Research:-
https://www.kenresearch.com/energy-and-utilities/clean-technology/philippines-industrial-waste-water-treatment-market-outlook-to-2026/596106-103.html
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vietnam Solar PV Equipment Market is in the Growing Stage Owing to Government initiatives and Technological Improvements & Reduced Costs: Ken Research here
News-ID: 2879834 • Views: …
More Releases from Ken Research Pvt .Ltd
KSA Aquaculture Feed Market Crosses ~USD 500 million Milestone- Latest Insights …
Comprehensive market analysis maps feed-demand surge, ingredient localization, and strategic imperatives for aquaculture producers and feed manufacturers in the Kingdom's expanding blue economy.
Delhi, India - September 5, 2025 - Ken Research released its strategic market analysis titled "KSA Aquaculture Feed Market Outlook to 2030," revealing that Saudi Arabia's aquaculture feed market is projected to surpass USD xx million by 2030. The comprehensive analysis details how shrimp and marine finfish volumes…
India Invasive Ventilator Market - Ken Research Stated the Market is Projected t …
Comprehensive market analysis maps growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving healthcare ecosystem
Delhi, India - September 5, 2025 - Ken Research released its strategic market analysis titled "India Invasive Ventilator Market Outlook to 2030," revealing that India's invasive ventilator market is projected to surpass USD xx million by 2030. The comprehensive analysis details how invasive ventilator sales are expected to grow at a…
India Hospital Beds Market - Ken Research Stated the Sector is Valued at ~INR 1, …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving healthcare ecosystem
Delhi, India - September 4, 2025 - Ken Research released its strategic market analysis titled "India Hospital Beds Market Outlook to 2030," revealing that India's hospital beds market is projected to surpass USD xx billion by 2030. The comprehensive analysis details how hospital bed sales are expected to multiply 30-fold…
India Beverage Market - Ken Research Stated the Sector is Valued at ~INR 1,43,30 …
Comprehensive market analysis reveals robust growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's rapidly evolving beverage ecosystem
Delhi, India - September 1, 2025 - Ken Research released its strategic market analysis titled "India Beverage Market Outlook to 2029," revealing that India's non-alcoholic beverage market is projected to reach INR xx trillion by 2029. The comprehensive analysis details how the market is expected to grow at a CAGR…
More Releases for Solar
Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues…
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors…
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar…
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others.
This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such…
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook.
Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/1563
Solar PV Module Market size…
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report
The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal…
