Press release
Concentrated Photovoltaic Market: Evolving Market Trends & Dynamics 2022
Global Concentrated Photovoltaic Market is accounted for $0.89 billion in 2015 and is expected to reach $2.35 billion by 2022 growing at a CAGR of 14.7% during the forecast period. Financial incentives, technology cost reductions and government renewable targets are some of the factors fostering the market growth. With around 90% of the total share, HCPV segment commanded the global market. It is anticipated to observe a robust growth owing to the improved dedicated approach on the part of the industry for enhanced efficiency output. Commercial segment is anticipated to grow at a faster pace owing to rising power demand from residential buildings particularly in developing economies such as India, China, South Korea, and Vietnam. Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to rapid industrialization.Request a sample copy of Report @ http://www.orbisresearch.com/contacts/request-sample/184731
Some of the key players in the market include Solar Junction, Zytech Solar, Isofoton S.A., Semprius Inc, Amonix, Sunpower Corporation, Ravano Green Powers, Solarsystem, Magpower, Suncore Photovoltaic Technology Co. Ltd. and Soitec.
Concentrated Levels Covered:7
Low Concentrated Photovoltaic
High Concentrated Photovoltaic
Medium Concentrated Photovoltaic
Technologies Covered:
Refractor
Luminescent Concentrators
Fresnel Lens
Reflector
Parabolic Mirror
Browse Full Report with TOC@ http://www.orbisresearch.com/reports/index/concentrated-photovoltaic-global-market-outlook-2015-2022
Components Covered:
Modules
Trackers
Cells
Optics
Applications Covered:
Commercial
Utility-Scale
Other Applications
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
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