DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zhfsjx/solar_panels) has announced the addition of Wintergreen Research, Inc's new report "Solar Panels: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2021" to their offering.
Solar panels have moved from the trial stage to the early adopter stage. Markets at $24.2 billion in 2014 are expected to reach $180.7 billion by 2021. Growth is expected to achieve rapid adoption of renewable energy.
The ability to remain competitive depends upon the ability to develop technologically advanced products and processes. What better investment in infrastructure on the part of a government than solar power? Cheap energy promises to provide water, cheap manufacturing, electric vehicles, all sorts of things more useful than a war that the government might alternatively spend its money on.
Main areas of solar panels is for: large scale utility systems connected to the electrical grid. Residential and commercial markets are evolving further.
Solar panel market driving forces relate primarily to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts agree, a tipping point has been reached, solar panel markets are at the critical point in the market development, where an inevitability of adoption is certain. Solar panels markets have been an up and down evolving situation that was completely dependent on government subsidies.
Solar panel markets have crossed a threshold and gains will possibly have significant momentum, triggered by the technology. Solar panel adoption is now a dynamic process of innovation, insight, and influence through advocacy. The critical point in solar panel adoption is a process that is now unstoppable.
The growth of solar has been driven by a single paradigm at the federal and state levels worldwide. Now, with China so entirely dedicated to making solar less expensive than coal electrical generation, solar energy will take hold worldwide. Almost all solar has taken advantage of - and needed to take advantage of - state-level incentives.
China has had government subsidies for a long time. This continues to be the case, but in China now, grid parity is a result of taxing coal electrical generation, making solar panels attractive. The US is poised to see rapid adoption of solar panels in various regions.
Key Topics Covered:
Solar Panels Use Inexpensive, Lasting Energy From The Sun
- China Achieves Grid Parity For Solar
- PV Market Impacted By Huge Investment China Made In Solar Panel Manufacturing Capacity
- In US Aim Is For Solar To Offer A Customer 10 Percent Net Savings In Year One
- European Utilities Struggle with Solar
- Solar Market Driving Forces
- Drop In Solar Installation Costs
- Solar Panel Market Shares
- Solar Panel Market Forecasts
1. Solar Panel Market Description and Market Dynamics
2. Solar Panel Market Shares and Market Forecasts
3. Solar Panels Product Description
4 Solar Technology
5 Solar Company Profiles
- First Solar
- Shunfeng Wuxi Suntech
- Trina Solar
- Canadian Solar
- JA Solar
- Yingli Green Energy
- Panasonic / Sanyo
- Hanwha QCells
- Solar World
- Ascent Solar Technologies
- Trina Solar
- Canadian Solar
- ET Solar
- China Sunergy
- Shenzhen Sunshine Electronics
For more information visit http://www.researchandmarkets.com/research/zhfsjx/solar_panels
Source: Wintergreen Research, Inc