Concentrating photovoltaic (CPV) refers to the technology that converts concentrated sunlight directly into electricity through high conversion efficiency photovoltaic cells. CPV is the most typical representative of concentrating solar power generation technology. The crystalline silicon cells and thin-film batteries for photoelectric conversion are the first and second generation of solar energy utilization technology respectively. The use of concentrating solar energy technology that utilizes optical elements to collect sunlight and use it to generate electricity is considered to be the third generation of solar power generation.
First of all,the increasing demand for Concentrator Photovoltaic market is caused by high efficiency of CPV, government support and demand of electricity. For example, CPV can increase conversion rate of light into electricity and reduce the cost of generation. Additionally, which may not pose a threat to environment. Second, the global market for Concentrator Photovoltaic is segmented into some regions. China dominates the Concentrator Photovoltaic market because of the rapid population growth.
In 2019, the market size of Concentrator Photovoltaic is 1150 million US$ and it will reach 2710 million US$ in 2025, growing at a CAGR of 13.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Concentrator Photovoltaic.
This report studies the global market size of Concentrator Photovoltaic, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Concentrator Photovoltaic production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Zytech Solar
Ravano Green Power
SunPower Corporation
Amonix
Morgan Solar
...
Market Segment by Product Type
LCPV
HCPV
Market Segment by Application
Utility-Scale
Commercial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Concentrator Photovoltaic status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Concentrator Photovoltaic manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Concentrator Photovoltaic are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Concentrator Photovoltaic . Industry analysis & Market Report on Concentrator Photovoltaic is a syndicated market report, published as Global (United States, European Union and China) Concentrator Photovoltaic Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Concentrator Photovoltaic market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.