DUBLIN--(BUSINESS WIRE)--The "Saudi
Arabia Solar Panel Market (2018-2024): Market Forecast by Types, by
Applications, by Regions and Competitive Landscape" report has
been added to ResearchAndMarkets.com's offering.
The Saudi Arabia Solar Panel market revenues are projected to grow at a CAGR of 30.2% during 2018-24.
Saudi Arabia is one of the major consumers of solar panels in the Middle
East region. Growth in Saudi Arabia solar panel market is buoyed by
factors such as growing energy demand and shifting focus towards non oil
sectors. Additionally, the Saudi government aims to increase the share
of cleaner fuel in the country's power generation capacity. Solar panel
market in Saudi Arabia would surge on account of growing investment in
the renewable energy sector of which major share would go into solar
Saudi Arabia is likely to ramp up spending on the renewable energy sector. Spending on solar energy is growing tremendously over the past few years. For instance, Saudi Arabia has signed a memorandum of understanding (MoU) with SoftBank Group to build world largest solar project of 200 GW worth $200 Billion by 2030, which would positively impact the solar panel market in coming years.
Amongst all types, polycrystalline solar panel captured the significant share of the market and is expected to maintain market leadership over the forecast period as well. Commercial application was the key revenue generating application followed by Power Utility application in Saudi Arabia Solar Panel market.
- Canadian Solar Middle East Limited
- Desert Technologies
- First Solar International Middle East FZ-LLC
Green Technology Company
- Hanwha Q CELLS Co., Ltd.
- Jinko Solar
- Solar Frontier K.K
- Trina Solar Middle East Ltd
- Yingli Green Energy Holding Co., Ltd.
Key Topics Covered:
1. Executive Summary
3. Saudi Arabia Solar Panel Market Overview
4. Saudi Arabia Solar Panel Market Dynamics
5. Saudi Arabia Solar Panel Market Trends
6. Saudi Arabia Solar Panel Market Overview, By Types
7. Saudi Arabia Solar Panel Market Overview, By Applications
8. Saudi Arabia Solar Panel Market Overview, By Regions
9. Upcoming Solar Projects In Saudi Arabia
10. Saudi Arabia Solar Panel Market - Key Performance Indicators
11. Saudi Arabia Solar Panel Market Opportunity Assessment
12. Saudi Arabia Solar Panel Market Competitive Landscape
13. Company Profiles
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/7rsv4g/saudi_arabia?w=4