Solar PV Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
113205 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Solar PV industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Solar PV by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
China is still the biggest market in the global Solar PV market, about 50% market share in 2015, the annual production is more than any single countries\' double production and the capacity is expansion in these years, almost 60% occurs in China. The future capacity and production market share will increase, or at least maintain the current share. For these regions, Asia owns the largest market share comparing with Europe and North America, indicating the strong demand of Solar PV products.
The Solar PV industry concentration degree is relatively low, there are more than 200 manufacturers in the world and we think in the next few years, the concentration degree will rise.
Since the anti-dumping duties occurred, the competitive status has already turned white-hot, with the price declining, the gross profit of the whole industry is narrowing and it will be unsteady to some extent. The raw material\'s price is also uncertainty, currently; the raw material has a growth trend.
The report forecast global Solar PV market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Solar PV market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Hanwha Q CELLS
Neo Solar Power
Motech
Kyocera Solar
Gintech Energy
SolarWorld
SunPower
REC Group
Sharp
E-Ton Solar Tech
Trina Solar
Yingli
JA Solar
Canadian Solar
Jinko Solar
China Sunergy
Hareonsolar
Eging PV
TongWei Solar
At the same time, we classify Solar PV according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Crystalline Silicon
Compound Type
Others Market by Application
Residential
Commercial
Ground Station
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solar PV market for the forecast period 2023 - 2030?
• What are the driving forces in the Solar PV market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solar PV industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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