Solar PV Market Size is Expected to Exhibit 52700 million USD by 2024

Market Study Report adds 2019-2024 Global Solar PV market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

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.

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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.

According to this study, over the next five years the Solar PV market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 52700 million by 2024, from US$ 44800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solar PV business, shared in Chapter 3.

A brief run-through of the industry segmentation encompassed in the Solar PV market report:

Competitive landscape:

Companies involved: 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 and TongWei Solar

Vital pointers enumerated:

  • Sales area
  • Distribution
  • Company profile
  • Company overview
  • Products manufactured
  • Price patterns
  • Revenue procured
  • Gross margins
  • Product sales

The study mentions the products manufactured by these esteemed companies as well the product price prototypes, profit margins, valuation accrued, and product sales.

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Geographical landscape:

Regions involved: USA, Europe, Japan, China, India, South East Asia

Vital pointers enumerated:

  • Product consumption patterns
  • Valuation that each of these regions account for in the industry
  • Market share which every region holds
  • Consumption market share across the geographies
  • Product consumption growth rate
  • Geographical consumption rate

Segmented into USA, Europe, Japan, China, India, South East Asia, as per the regional spectrum, the Solar PV market apparently covers most of the pivotal geographies, claims the report, which compiles a highly comprehensive analysis of the geographical arena, including details about the product consumption patterns, revenue procured, as well as the market share that each zone holds.

The study presents details regrading the consumption market share and product consumption growth rate of the regions in question, in tandem with the geographical consumption rate with regards to the products and the applications.

Product landscape

Product types involved: Crystalline Silicon, Compound Type and Others

Vital pointers enumerated:

  • Market share held by the product
  • Projected valuation of each type
  • Individual product consumption as per value and growth rate
  • Sales value

The Solar PV market report enumerates information with respect to every product type among 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 and TongWei Solar, elaborating on the market share accrued, projected remuneration of each type, and the consumption rate of each product.

Application landscape:

Application sectors involved: Residential, Commercial and Ground Station

Vital pointers enumerated:

  • Market share held by each application segment
  • Forecast valuation of each application
  • Consumption patterns

The Solar PV market report, with respect to the application spectrum, splits the industry into Residential, Commercial and Ground Station, while enumerating details regarding the market share held by each application and the projected value of every segment by the end of the forecast duration.

The Solar PV market report also includes substantial information about the driving forces impacting the commercialization landscape of the industry as well as the latest trends prevailing in the market. Also included in the study is a list of the challenges that this industry will portray over the forecast period.

Other parameters like the market concentration ratio, enumerated with reference to numerous concentration classes over the projected timeline, have been presented as well, in the report.

Table of Contents

2019-2024 Global Solar PV 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 Solar PV Consumption 2014-2024

2.1.2 Solar PV Consumption CAGR by Region

2.2 Solar PV Segment by Type

2.2.1 Crystalline Silicon

2.2.2 Compound Type

2.2.3 Others

2.3 Solar PV Consumption by Type

2.3.1 Global Solar PV Consumption Market Share by Type (2014-2019)

2.3.2 Global Solar PV Revenue and Market Share by Type (2014-2019)

2.3.3 Global Solar PV Sale Price by Type (2014-2019)

2.4 Solar PV Segment by Application

2.4.1 Residential

2.4.2 Commercial

2.4.3 Ground Station

2.5 Solar PV Consumption by Application

2.5.1 Global Solar PV Consumption Market Share by Application (2014-2019)

2.5.2 Global Solar PV Value and Market Share by Application (2014-2019)

2.5.3 Global Solar PV Sale Price by Application (2014-2019)

3 Global Solar PV by Players

3.1 Global Solar PV Sales Market Share by Players

3.1.1 Global Solar PV Sales by Players (2017-2019)

3.1.2 Global Solar PV Sales Market Share by Players (2017-2019)

3.2 Global Solar PV Revenue Market Share by Players

3.2.1 Global Solar PV Revenue by Players (2017-2019)

3.2.2 Global Solar PV Revenue Market Share by Players (2017-2019)

3.3 Global Solar PV Sale Price by Players

3.4 Global Solar PV Manufacturing Base Distribution, Sales Area, Product Types by Players

3.4.1 Global Solar PV Manufacturing Base Distribution and Sales Area by Players

3.4.2 Players Solar PV 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 Solar PV by Regions

4.1 Solar PV by Regions

4.1.1 Global Solar PV Consumption by Regions

4.1.2 Global Solar PV Value by Regions

4.2 Americas Solar PV Consumption Growth

4.3 APAC Solar PV Consumption Growth

4.4 Europe Solar PV Consumption Growth

4.5 Middle East & Africa Solar PV Consumption Growth

5 Americas

5.1 Americas Solar PV Consumption by Countries

5.1.1 Americas Solar PV Consumption by Countries (2014-2019)

5.1.2 Americas Solar PV Value by Countries (2014-2019)

5.2 Americas Solar PV Consumption by Type

5.3 Americas Solar PV Consumption by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

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