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Solar Cells Market: North America is one of the leading investors for alternative energy sources among others.

08-31-2016 11:42 AM CET | Energy & Environment

Press release from: MarketIntelReports

Global Solar Cells Market Professional Survey Report 2016

Global Solar Cells Market Professional Survey Report 2016

Solar cells are used to convert solar energy into electricity. Solar cells are high in demand due to the rise of having alternative energy sources demand from many countries for environmental reasons. Many photovoltaic systems are used in solar power plant to generate renewable energy for utilization. There is increasing scope for the Solar Cells Market across the globe in upcoming years.

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Scope and Regional Forecast of the Solar Cells Market:
North America is one of the leading regions in the Solar Cells Market. The high presence of industries, high consumption of electricity and need of generating renewable energy is pushing the demand for this market in this region. The US and Canada are prominent regions with high demand for solar energy cells. The Photovoltaic systems are expected to be used for commercial well as household purposes in upcoming term.
Europe is expected to witness high growth in the Solar Cells Market. Europe has very strong environmental policies and high demand for energy generated from renewable source. By using solar thermal power industries and all other power issues can be resolved. Germany, Italy, UK and France are the countries in Europe with high demand of photovoltaic cells in the region.
Asia Pacific is the largest region for the sales of the Solar Cells Market. This is the dominating region due to high production as well as utilization of solar array. China, India and Japan are the prominent manufacturers of the solar cells in the region. India and china is expected to witness high demand for solar technology clean energy owing to the population size and energy needs.

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Segmentation and Key Players of the Solar Cells Market:
The Solar Cells Market is segmented into various categories by company and by region as follows:
• By company: First Solar, YINGLI SOLAR, Trina Solar, JA SOLAR, SHARP,
Motech Industries, Hanwha Solarone, REC, Gintech, Q-cells, Jinko,
Sungen Solar, SunPower, KYOCERA, NEO SOLAR POWER, Canadian
Solar and SCUN
• By region: USA, China, Europe and Japan
The key players in the Solar Cells Market are as follows:
• First Solar
• Sharp
• Trina Solar
• REC
• Gintech
The Solar Cells Market is a high potential market with high demand for the photovoltaic cells for utilizing the solar technology to generate electricity through natural source. The increasing use of alternative energy sources for electricity, encouragement to use renewable energy is propelling the growth of this market in various regions across the globe in the upcoming term.

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