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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.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar PV market by product type, application, key manufacturers and key regions and countries.
This study considers the Solar PV 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.
Crystalline Silicon
Compound Type
Others
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.
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
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 Solar PV 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 Solar PV market by identifying its various subsegments.
Focuses on the key global Solar PV 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 Solar PV 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 Solar PV 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.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
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
6 APAC
6.1 APAC Solar PV Consumption by Countries
6.1.1 APAC Solar PV Consumption by Countries (2014-2019)
6.1.2 APAC Solar PV Value by Countries (2014-2019)
6.2 APAC Solar PV Consumption by Type
6.3 APAC Solar PV 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 Solar PV by Countries
7.1.1 Europe Solar PV Consumption by Countries (2014-2019)
7.1.2 Europe Solar PV Value by Countries (2014-2019)
7.2 Europe Solar PV Consumption by Type
7.3 Europe Solar PV 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 Solar PV by Countries
8.1.1 Middle East & Africa Solar PV Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Solar PV Value by Countries (2014-2019)
8.2 Middle East & Africa Solar PV Consumption by Type
8.3 Middle East & Africa Solar PV 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 Solar PV Distributors
10.3 Solar PV Customer
11 Global Solar PV Market Forecast
11.1 Global Solar PV Consumption Forecast (2019-2024)
11.2 Global Solar PV Forecast by Regions
11.2.1 Global Solar PV Forecast by Regions (2019-2024)
11.2.2 Global Solar PV 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 Solar PV Forecast by Type
11.8 Global Solar PV Forecast by Application
12 Key Players Analysis
12.1 Hanwha Q CELLS
12.1.1 Company Details
12.1.2 Solar PV Product Offered
12.1.3 Hanwha Q CELLS Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Hanwha Q CELLS News
12.2 Neo Solar Power
12.2.1 Company Details
12.2.2 Solar PV Product Offered
12.2.3 Neo Solar Power Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Neo Solar Power News
12.3 Motech
12.3.1 Company Details
12.3.2 Solar PV Product Offered
12.3.3 Motech Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Motech News
12.4 Kyocera Solar
12.4.1 Company Details
12.4.2 Solar PV Product Offered
12.4.3 Kyocera Solar Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Kyocera Solar News
12.5 Gintech Energy
12.5.1 Company Details
12.5.2 Solar PV Product Offered
12.5.3 Gintech Energy Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Gintech Energy News
12.6 SolarWorld
12.6.1 Company Details
12.6.2 Solar PV Product Offered
12.6.3 SolarWorld Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 SolarWorld News
12.7 SunPower
12.7.1 Company Details
12.7.2 Solar PV Product Offered
12.7.3 SunPower Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 SunPower News
12.8 REC Group
12.8.1 Company Details
12.8.2 Solar PV Product Offered
12.8.3 REC Group Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 REC Group News
12.9 Sharp
12.9.1 Company Details
12.9.2 Solar PV Product Offered
12.9.3 Sharp Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Sharp News
12.10 E-Ton Solar Tech
12.10.1 Company Details
12.10.2 Solar PV Product Offered
12.10.3 E-Ton Solar Tech Solar PV Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 E-Ton Solar Tech News
12.11 Trina Solar
12.12 Yingli
12.13 JA Solar
12.14 Canadian Solar
12.15 Jinko Solar
12.16 China Sunergy
12.17 Hareonsolar
12.18 Eging PV
12.19 TongWei Solar
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Solar PV
Table Product Specifications of Solar PV
Figure Solar PV Report Years Considered
Figure Market Research Methodology<
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