Report Detail
Global PV (Photovoltaics) Market Growth 2019-2024
- RnM2925275 |
- 11 February, 2019 |
- Global |
- 178 Pages |
- LPI(LP Information) |
- Machinery & Equipment
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.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume.
Solar PV Industry achieved rapid development these years; Global capacity and production have a great development. In 2016, Global Market Size of Solar PV is nearly 38594.78 M USD; the actual sale is about 70546 MW.
China is the largest Solar PV region of Solar PV, with a sales market share nearly 31.94% in 2016. Asia pacific owns the largest market share comparing with Europe and North America, indicating the strong demand of Solar PV products.
The cost of PV has dropped dramatically as the industry has scaled up manufacturing and incrementally improved the technology with new materials. Installation costs have come down too with more experienced and trained installers. However, the U.S. still remains behind other nations that have stronger national policies to shift energy use from fossil fuels to solar. Globally, the U.S. is the fourth largest market for PV installations behind world leaders Germany, Japan and Spain.
Most modern solar cells are made from either crystalline silicon or thin-film semiconductor material. Silicon cells are more efficient at converting sunlight to electricity, but generally have higher manufacturing costs. Thin-film materials typically have lower efficiencies, but can be simpler and less costly to manufacture. A specialized category of solar cells - called multi-junction or tandem cells - are used in applications requiring very low weight and very high efficiencies, such as satellites and military applications. All types of PV systems are widely used today in a variety of applications.
Although there are many pessimistic factors, but the Solar PV industry is a clear development trend from 2016, the installation of Solar PV was about 70.55 GW, a huge increase compared to 2015. And in 2017, it is expected that the installation will have a great increase. Undoubtedly, the total capacity and production of Solar PV will be expanding in the following years.
According to this study, over the next five years the PV (Photovoltaics) market will register a 12.2% CAGR in terms of revenue, the global market size will reach US$ 85200 million by 2024, from US$ 42700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PV (Photovoltaics) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of PV (Photovoltaics) market by product type, application, key manufacturers and key regions and countries.
This study considers the PV (Photovoltaics) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Crystal Silicon
Polycrystalline Silicon
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
Ground Station
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Jinko Solar
Trina Solar
Canadian Solar
Hanwha
JA Solar
First Solar
ReneSola
Yingli
SunPower
Eging PV
Chint Group
Shunfeng
Risen
Solarworld
REC Group
CSUN
Hareonsolar
Kyocera Solar
Solar Frontier
HT-SAAE
SoloPower
NSP
Hanergy
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global PV (Photovoltaics) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of PV (Photovoltaics) market by identifying its various subsegments.
Focuses on the key global PV (Photovoltaics) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the PV (Photovoltaics) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of PV (Photovoltaics) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global PV (Photovoltaics) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global PV (Photovoltaics) Consumption 2014-2024
- 2.1.2 PV (Photovoltaics) Consumption CAGR by Region
- 2.2 PV (Photovoltaics) Segment by Type
- 2.2.1 Single Crystal Silicon
- 2.2.2 Polycrystalline Silicon
- 2.2.3 Other
- 2.3 PV (Photovoltaics) Consumption by Type
- 2.3.1 Global PV (Photovoltaics) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global PV (Photovoltaics) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global PV (Photovoltaics) Sale Price by Type (2014-2019)
- 2.4 PV (Photovoltaics) Segment by Application
- 2.4.1 Residential
- 2.4.2 Commercial
- 2.4.3 Ground Station
- 2.5 PV (Photovoltaics) Consumption by Application
- 2.5.1 Global PV (Photovoltaics) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global PV (Photovoltaics) Value and Market Share by Application (2014-2019)
- 2.5.3 Global PV (Photovoltaics) Sale Price by Application (2014-2019)
3 Global PV (Photovoltaics) by Players
- 3.1 Global PV (Photovoltaics) Sales Market Share by Players
- 3.1.1 Global PV (Photovoltaics) Sales by Players (2017-2019)
- 3.1.2 Global PV (Photovoltaics) Sales Market Share by Players (2017-2019)
- 3.2 Global PV (Photovoltaics) Revenue Market Share by Players
- 3.2.1 Global PV (Photovoltaics) Revenue by Players (2017-2019)
- 3.2.2 Global PV (Photovoltaics) Revenue Market Share by Players (2017-2019)
- 3.3 Global PV (Photovoltaics) Sale Price by Players
- 3.4 Global PV (Photovoltaics) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global PV (Photovoltaics) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players PV (Photovoltaics) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 PV (Photovoltaics) by Regions
- 4.1 PV (Photovoltaics) by Regions
- 4.1.1 Global PV (Photovoltaics) Consumption by Regions
- 4.1.2 Global PV (Photovoltaics) Value by Regions
- 4.2 Americas PV (Photovoltaics) Consumption Growth
- 4.3 APAC PV (Photovoltaics) Consumption Growth
- 4.4 Europe PV (Photovoltaics) Consumption Growth
- 4.5 Middle East & Africa PV (Photovoltaics) Consumption Growth
5 Americas
- 5.1 Americas PV (Photovoltaics) Consumption by Countries
- 5.1.1 Americas PV (Photovoltaics) Consumption by Countries (2014-2019)
- 5.1.2 Americas PV (Photovoltaics) Value by Countries (2014-2019)
- 5.2 Americas PV (Photovoltaics) Consumption by Type
- 5.3 Americas PV (Photovoltaics) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC PV (Photovoltaics) Consumption by Countries
- 6.1.1 APAC PV (Photovoltaics) Consumption by Countries (2014-2019)
- 6.1.2 APAC PV (Photovoltaics) Value by Countries (2014-2019)
- 6.2 APAC PV (Photovoltaics) Consumption by Type
- 6.3 APAC PV (Photovoltaics) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe PV (Photovoltaics) by Countries
- 7.1.1 Europe PV (Photovoltaics) Consumption by Countries (2014-2019)
- 7.1.2 Europe PV (Photovoltaics) Value by Countries (2014-2019)
- 7.2 Europe PV (Photovoltaics) Consumption by Type
- 7.3 Europe PV (Photovoltaics) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa PV (Photovoltaics) by Countries
- 8.1.1 Middle East & Africa PV (Photovoltaics) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa PV (Photovoltaics) Value by Countries (2014-2019)
- 8.2 Middle East & Africa PV (Photovoltaics) Consumption by Type
- 8.3 Middle East & Africa PV (Photovoltaics) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 PV (Photovoltaics) Distributors
- 10.3 PV (Photovoltaics) Customer
11 Global PV (Photovoltaics) Market Forecast
- 11.1 Global PV (Photovoltaics) Consumption Forecast (2019-2024)
- 11.2 Global PV (Photovoltaics) Forecast by Regions
- 11.2.1 Global PV (Photovoltaics) Forecast by Regions (2019-2024)
- 11.2.2 Global PV (Photovoltaics) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global PV (Photovoltaics) Forecast by Type
- 11.8 Global PV (Photovoltaics) Forecast by Application
12 Key Players Analysis
- 12.1 Jinko Solar
- 12.1.1 Company Details
- 12.1.2 PV (Photovoltaics) Product Offered
- 12.1.3 Jinko Solar PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Jinko Solar News
- 12.2 Trina Solar
- 12.2.1 Company Details
- 12.2.2 PV (Photovoltaics) Product Offered
- 12.2.3 Trina Solar PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Trina Solar News
- 12.3 Canadian Solar
- 12.3.1 Company Details
- 12.3.2 PV (Photovoltaics) Product Offered
- 12.3.3 Canadian Solar PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Canadian Solar News
- 12.4 Hanwha
- 12.4.1 Company Details
- 12.4.2 PV (Photovoltaics) Product Offered
- 12.4.3 Hanwha PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Hanwha News
- 12.5 JA Solar
- 12.5.1 Company Details
- 12.5.2 PV (Photovoltaics) Product Offered
- 12.5.3 JA Solar PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 JA Solar News
- 12.6 First Solar
- 12.6.1 Company Details
- 12.6.2 PV (Photovoltaics) Product Offered
- 12.6.3 First Solar PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 First Solar News
- 12.7 ReneSola
- 12.7.1 Company Details
- 12.7.2 PV (Photovoltaics) Product Offered
- 12.7.3 ReneSola PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 ReneSola News
- 12.8 Yingli
- 12.8.1 Company Details
- 12.8.2 PV (Photovoltaics) Product Offered
- 12.8.3 Yingli PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Yingli News
- 12.9 SunPower
- 12.9.1 Company Details
- 12.9.2 PV (Photovoltaics) Product Offered
- 12.9.3 SunPower PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 SunPower News
- 12.10 Eging PV
- 12.10.1 Company Details
- 12.10.2 PV (Photovoltaics) Product Offered
- 12.10.3 Eging PV PV (Photovoltaics) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Eging PV News
- 12.11 Chint Group
- 12.12 Shunfeng
- 12.13 Risen
- 12.14 Solarworld
- 12.15 REC Group
- 12.16 CSUN
- 12.17 Hareonsolar
- 12.18 Kyocera Solar
- 12.19 Solar Frontier
- 12.20 HT-SAAE
- 12.21 SoloPower
- 12.22 NSP
- 12.23 Hanergy
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on PV (Photovoltaics) . Industry analysis & Market Report on PV (Photovoltaics) is a syndicated market report, published as Global PV (Photovoltaics) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of PV (Photovoltaics) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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