Solar Panel Market Analysis and Forecast 2018-2023

 licia margarete
  31st-May-2018
 162
HWO_1527829307_1.jpg Solar Panel Market

Bharat Book Bureau Provides the Trending Market Research Report on “Solar Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Solar panel, also known as a PV panel, refers to a device which employs natural sunlight to generate electricity. It is made of several solar cells that are manufactured using silicon, boron and phosphorus. A single panel can only generate limited power supply; therefore, most installations incorporate multiple modules. Solar panel systems also consist of an inverter, battery for storage purposes, interconnecting wires, etc. They are comparatively less expensive and can provide electric power for more than three decades, if maintained well. Solar Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global solar panel market reached a volume of 98.8 GW in 2017, growing at a CAGR of around 31% during 2010-2017.

One of the primary factors catalysing the growth of the global solar panel market is the environment friendly nature of these panels as they do not emit any harmful gases or exhaust any fossil fuels. This helps in the reduction of carbon footprints as well as improves energy efficiency. Moreover, the governments in various emerging regions are providing tax relaxations and conducting several awareness campaigns to encourage the installation of solar panels. This acts as another factor facilitating the demand for solar panels. In addition, the market is further propelled by the surging demand for electricity and rising cost of its production. On account of these factors, the global solar panel market is projected to continue its growth trajectory during the upcoming years.

Request a free sample copy of Solar Panel Market Report @
https://www.bharatbook.com/MarketReports/Sample/Reports/1067169

Market Summary:

Based on type, the market has been segregated as crystal silicon and thin film solar panels. Currently, crystal silicon solar panels dominate the market, holding the largest share.

On the basis of end-use, the commercial sector represents the largest segment of solar panels, followed by the residential and industrial sectors.

Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. Amongst these, Asia Pacific is the leading market, accounting for the majority of the global share.

The competitive landscape of the market has also been examined with some of the key players being JinkoSolar, Trina Solar, Canadian Solar, JA Solar, Hanwha Q-CELLS, GCL-SI, LONGi Solar, Risen Energy, Shunfeng and Yingli Green.

This report provides a deep insight into the global solar panel industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a solar panel manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the solar panel industry in any manner.

Browse our full report with Table of Contents :
https://www.bharatbook.com/MarketReports/Solar-Panel-Market-Global-Industry-Trends-Share-Size-Growth-Opportunity-and-Forecast-2018-2023/1067169

About Bharat Book Bureau:

Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

Contact us at:

Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com

Follow us on : Twitter, Facebook, LinkedIn, Google Plus

Domain: Business
Category: Sales & Marketing
Contributing Organization:
Contact Person Address: sandhya@bharatbook.com
Posted By: licia margarete and Contact licia margarete

Recent Press Releases

How you can Select the right Siding ...

Discovering a vinyl siding contractor is definitely the straightforward part-you might locate a list of qualified siding installers online, by way of the phone book, or by asking a

26 May, 2019

5 Vital Factors Each and every Condo...

The demand for condos is still high in addition to a great number of developers are producing them out there to meet with the marketplace demands. New condos come with superior ame

26 May, 2019

SHIMGE Stands the Best Among the Chi...

Wenling City, Zhejing Province (May 25, 2019) – The best pump and water treatment system is something every property need. So, construction companies should be looking for th

26 May, 2019