Press release
Solar Photovoltaic Installation Market In US, Share, PV Panels, Energy Growth Projections, Panel System in Home, Industry Overview
Solar Photovoltaic Installation
Solar photovoltaic installations have increased in the last decade owing to several government schemes in countries, such as China, Japan, and U.S., where the focus is on meeting the energy requirements in a sustainable manner. Solar energy is the most efficient renewable solution to the existing concerns of greenhouse gas emissions and global warming.
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The global solar photovoltaic installation market is expected to grow at a CAGR of 11.5% from 2017 to 2025. (solar panels market)
Market Landscape by Technology
• Crystalline Silicon Solar Photovoltaic
o Monocrystalline Solar Photovoltaic (photovoltaic systems market)
o Polycrystalline Solar Photovoltaic
• Thin Film Photovoltaic
• Others
Key Point from Table of Content
8. Company profiles
8.1. AGL Solar Energy
8.1.1. Overview (solar pv panels market)
8.1.2. Financials and business segments
8.1.3. Recent developments
8.2. Bosch Solar Energy AG
8.2.1. Overview
8.2.2. Financials and business segments
8.2.3. Recent developments
8.3. Canadian Solar Inc
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Ecolution Group
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Market Dynamics:
Drivers:
• Continuous rise in demand for electricity is fueling the market for more solar panels.
• Cheaper installation and maintenance costs coupled with high output efficiency have made solar panels a more attractive choice for energy conversion.
• Government schemes and policies focused on increasing the installation of solar panels to meet the energy demand sustainably is fostering the market for solar panels.
Restraints:
• Unavailability of solar energy at all times, such as at night or during cloudy days.
Market Players: (Solar Photovoltaic Installation Market companies)
The top players in the global solar photovoltaics installation market include Yingli Solar, Photonix Solar Pvt. Ltd, Goal Zero, AGL Solar Energy, Ecolution Group, Trina Solar Ltd., Canadian Solar Inc, Bosch Solar Energy AG, Suntech Power Holdings Co. Ltd., and First Solar Inc.
Market Landscape by Grid Types
• Off-grid
• Grid Connected
Market Landscape by Application
• Residential (solar panels for home market)
• Commercial
• Power Plants (solar panel installation market)
• Others
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Based on technology, the market is divided into crystalline silicon photovoltaic, thin film photovoltaic, and others, including concentrator photovoltaics (CPV) and organic photovoltaics. According to grid type, the market is bifurcated into off-grid and grid connected. (solar system for home market)
Based on application, the market segmentation includes residential, commercial, power plants, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
Market Landscape by Geography
• North America (Solar Photovoltaic Installation Market by Region)
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
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