Solar Panels: Market Will Reach $180.7 Billion By 2021

"The Report Solar Panels: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Solar Panels Market

The 2015 study has 537 pages, 212 tables and figures. Worldwide markets for solar panels are growing as units become more efficient and less costly for generating electricity. Rapid adoption of solar panels worldwide is occurring as systems provide peak power efficiently.

The ability to remain competitive depends upon the ability to develop technologically advanced products and processes. What better investment in infrastructure on the part of a government than solar power? Cheap energy promises to provide water, cheap manufacturing, electric vehicles, all sorts of things more useful than a war that the government might alternatively spend its money on.

Main areas of solar panels is for: large scale utility systems connected to the electrical grid. Residential and commercial markets are evolving further.

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Solar panel market driving forces relate primarily to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts agree, a tipping point has been reached, solar panel markets are at the critical point in the market development, where an inevitability of adoption is certain. Solar panels markets have been an up and down evolving situation that was completely dependent on government subsidies.

Now the government subsidies seem certain. Market development without government subsidies seems certain. Utilities have to have solar energy. Governments have to have solar energy. People have to have solar energy. The stability of the solar panel market leads to a new and irreversible positive thrust for the market. Market development is certain to occur, the question is simply how fast.

Solar panel markets have crossed a threshold and gains will possibly have significant momentum, triggered by the technology. Solar panel adoption is now a dynamic process of innovation, insight, and influence through advocacy. The critical point in solar panel adoption is a process that is now unstoppable.

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The growth of solar has been driven by a single paradigm at the federal and state levels worldwide. Now, with China so entirely dedicated to making solar less expensive than coal electrical generation, solar energy will take hold worldwide. Almost all solar has taken advantage of -- and needed to take advantage of -- state-level incentives.

China has had government subsidies for a long time. This continues to be the case, but in China now, grid parity is a result of taxing coal electrical generation, making solar panels attractive. The US is poised to see rapid adoption of solar panels in various regions.

According to Susan Eustis, the lead author of the team that created the study, “Solar panel market driving forces relate primarily to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts agree, a tipping point has been reached, solar panel markets are at the critical point in the market development, where an inevitability of adoption is certain. Utilities have to have solar energy to meet the regulatory requirements. Governments have to have solar energy to achieve clean air standards. People have to have solar energy to charge electric cars. The stability of the solar panel market leads to a new and irreversible positive thrust for the market. Market development is certain to occur, the question is simply how fast.”

Solar panels have moved from the trial stage to the early adopter stage. Markets at $24.2 billion in 2014 are expected to reach $180.7 billion by 2021. Growth is expected to achieve rapid adoption of renewable energy

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Companies Profiled

Market Leaders

First Solar
Shunfeng Wuxi Suntech
SunPower
Trina Solar
Sharp
Canadian Solar
JA Solar
Yingli Green Energy
Panasonic / Sanyo
Hanwha QCells
Solar World
Motech
Market Participants
SunTech
Ascent Solar Technologies
SolarWorld
Trina Solar
Canadian Solar
Solarfun-Power
Sunpower
Evergreen
ET Solar
China Sunergy
Shenzhen Sunshine Electronics
Kyocera
Sanyo
Mitsubishi

Key Topics

Solar Panels
Inexpensive, Lasting Energy
Energy From The Sun
Grid Parity
China Achieves Grid Parity
For Solar
PV
Photo Voltaic
Solar
Distributed Generation (DG)
Project
European Utilities Struggle
with Solar
Solar Power Plants
PV Photovoltaic
Technologies
Solar Panel Technological
Innovation
Solar Market Driving Forces
Drop In Solar Installation
Costs
Solar Panel Pricing
Solar Panel Regional Market
Nano Silver Coating
Solar Glass
Solar Panel Economies of
Scale
Powering Current Sensors

Table Of Contents

1. SOLAR PANEL MARKET DESCRIPTION AND MARKET DYNAMICS 46

1.1 Solar Power Plants 46
1.1.1 Sun Is The Earth's Most Abundant And Primary Source Of Energy 47
1.1.2 Sunlight Intensity in Various Regions 47
1.1.3 Average Solar Irradiance 49
1.1.4 Global Solar Resources for PV Photovoltaic Technologies 50
1.1.5 Economics of PV 51
1.1.6 Sunshine Index 53
1.1.7 Map of Solar Electricity Potential in Europe 54
1.1.8 Solar Energy Large-Scale Production 57
1.1.9 World's Largest PV Installation German Solar 58
1.2 Solar and Climate Change 60
1.3 Solar Panel Technological Innovation 63
1.3.1 PV Cell Device Made From Polysilicon Wafers 63
1.4 Installing Solar 67
1.5 Solar Production Equipment and Technologies 68

2. SOLAR PANEL MARKET SHARES AND MARKET FORECASTS 69

2.1 Solar Panels Use Inexpensive, Lasting Energy From The Sun 69
2.1.1 China Achieves Grid Parity For Solar 70
2.1.2 PV Market Impacted By Huge Investment China Made In Solar Panel Manufacturing Capacity 70
2.1.3 In US Aim Is For Solar To Offer A Customer 10 Percent Net Savings In Year One 71
2.1.4 European Utilities Struggle with Solar 71
2.1.5 Solar Market Driving Forces 72
2.1.6 Drop In Solar Installation Costs 76
2.2 Solar Panel Market Shares 77
2.2.1 First Solar 80
2.2.2 Shunfeng Wuxi Suntech STP260-20/Wd 81
2.2.3 Trina Solar 82
2.2.4 Yingli Solar 82
2.2.5 Canadian Solar Standard Modules 83
2.2.6 Sharp 83
2.2.7 SunPower Highest Efficiency Solar 84
2.2.8 Panasonic / Sanyo HIT Solar Modules 84
2.3 Solar Panel Market Forecasts 84
2.4 Solar Panel Pricing 89
2.5 Solar Panel Regional Market Segments 91
5.1.1 Annually Installed Solar Power Capacity Reaches 10% Annual Use In Some Places 92
2.5.1 Chinese economy 93
2.5.2 China Achieves Grid Parity For Solar 94
2.5.3 PV Market Impacted By Investment In Manufacturing Capacity 95

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