DUBLIN--(BUSINESS WIRE)--The "Photovoltaic Market to 2027 - Global Analysis and Forecasts By Application; Type; Component" report has been added to ResearchAndMarkets.com's offering.
The global photovoltaic market accounted for US$.153.99 Bn in 2018 and is expected to grow at a CAGR of 19.8% during the forecast period 2019 - 2027, to account to US$ 768.1 Bn by 2027.
Based on the type, the photovoltaic market has been segmented into organic and inorganic components. In 2018, the inorganic components segment accounted for the largest share of the photovoltaic market. Moreover, the organic components segment is projected to grow at a faster pace during the forecast period. The organic photovoltaic technology is useful to transform solar energy to fully redefined electric energy.
This technology has the potential to supply electricity at a lower cost. The organic components are used in certain electronic gadgets and wearable devices, where the product is designed to operate on solar energy. Additionally, the rising concern regarding greenhouse gas emissions and carbon footprint have also influenced the market of organic components. The growing trend of building green structures in developed countries including the US, Canada, Australia, China, Germany, and France, among others, is expected to favor the growth of the photovoltaic market during the forecast period.
Some of the players present in global photovoltaic market are Mitsubishi Electric Corporation, Panasonic Corporation, Kaneka Corporation, Kyocera Corporation, Sharp Corporation, JA Solar Co. Ltd, Renesola Co. Ltd, Trina Solar, Jinko Solar, and Shunfeng International Clean Energy Limited among others. These players are influencing the growth of the photovoltaic market.
The overall global photovoltaic market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the photovoltaic market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis.
The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the photovoltaic market.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global photovoltaic market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. Photovoltaic Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
5. Photovoltaic Market - Global Market Analysis
5.1 Global Photovoltaic Market Overview
5.2 Global Photovoltaic Market Forecast and Analysis
5.3 Market Positioning - Key Market Players
6. Photovoltaic Market - Key Industry Dynamics
6.1 Key Market Drivers
6.1.1 Focus Toward Renewable Energy Forms
6.1.2 Supportive Government Policies
6.2 Key Market Restraints
6.2.1 High Cost Associated with Photovoltaic Systems
6.3 Key Market Opportunities
6.3.1 Increasing Use of Photovoltaic Paints for Tapping Solar Energy
6.4 Key Future Trends
6.4.1 Rising Demand for Grid-Connected PV Systems
6.5 Impact Analysis
7. Global Photovoltaic Market Analysis - By Type
7.2 Global Photovoltaic Market Breakdown, by Type, 2018 & 2027
7.3 Organic Components
7.4 Inorganic Components
8. Global Photovoltaic Market Analysis - By Component
8.2 Global Photovoltaic Market Breakdown, By Component, 2018 & 2027
9. Global Photovoltaic Market Analysis - by Application
9.2 Global Photovoltaic Market Breakdown, By Application, 2018 & 2027
9.3 Commercial Applications
9.4 Residential Application
9.5 Utility Application
10. Photovoltaic Market - Geographic Analysis
10.2 North America Photovoltaic Market Revenue and Forecasts to 2027
10.3 Europe Photovoltaic Market Revenue and Forecasts to 2027
10.4 SAM Photovoltaic Market Revenue and Forecast to 2027
10.5 APAC Photovoltaic Market Revenue and Forecast to 2027
10.6 MEA Photovoltaic Market Revenue and Forecast to 2027
11. Company Profiles
11.1 Mitsubishi Electric Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Panasonic Corporation
11.3 Kaneka Corporation
11.4 Kyocera Corporation
11.5 Sharp Corporation
11.6 JA Solar Co., Ltd.
11.7 Renesola Co. Ltd
11.8 Trina Solar
11.9 Jinko Solar
11.10 Shunfeng International Clean Energy Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/zipt