Solar Power Equipment Market | ABB Group, Canadian Solar, First Solar Inc, Hanwha Q CELLS, JA Solar, Jinko Solar, LONGi Solar, Shunfeng International, SunPower Corporation, Trina Solar
A new market research report on the Global Solar Power Equipment market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Solar Power Equipment market. The Global Solar Power Equipment analysis is broken down on different segmentation levels including Market By Equipment, By Application.The global solar power equipment market was valued at $76,270.6 million in 2017, and is projected to reach $188,304.0 million in 2025, growing at a CAGR of 12.5%. Solar power equipment are mounted on ground or rooftop to harness the suns energy and convert it into electricity for further use by industrial, utility, commercial, or residential sector. Various types of solar power equipment include solar panels, solar batteries, solar mounting & racking system, solar trackers, solar inverters, and others.
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Solar energy serves as a clean and environment-friendly energy source, which is anticipated to propel the demand for solar power equipment globally. In addition, solar photovoltaic (PV) rooftop system is a potential green technology, which combats climatic changes by decreasing dependence on conservative fossil fuel-based energy. Moreover, they help to meet the energy needs of residential and nonresidential buildings by providing electricity within an existing distribution network. However, high dependency on solar radiation and constant changes in weather conditions are the major challenges faced by the solar power equipment industry. On the contrary, improvements in technology are anticipated to offer lucrative opportunities for the players in the industry.
The global solar power equipment market is segmented based on equipment, application, and region. On the basis of equipment, the market is fragmented into solar panels, mounting, racking, & tracking system, storage system, and others. The solar panels segment is anticipated to dominate the global solar power equipment market throughout the study period. By application, it is categorized into residential, nonresidential, and utility. The utility segment is projected to grow at the highest rate in the near future.
The global solar power equipment market is analyzed across four geographical regions, which include North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to dominate the market throughout the forecast period.
The key players profiled in this report include ABB Group, Canadian Solar, First Solar Inc., Hanwha Q CELLS, JA Solar, JinkoSolar, LONGi Solar, Shunfeng International, SunPower Corporation, and Trina Solar.
Key Benefits for Solar Power Equipment Market :
- The study provides an in-depth analysis of the global solar power equipment market, and current & future trends to elucidate the imminent investment pockets.
- Information about the key drivers, restraints, and opportunities and their impact on the market is provided.
- Porters five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global solar power equipment market from 2017 to 2025 is provided to determine the market potential.
Solar Power Equipment Key Market Segments :
By Equipment
- Solar Panels
- Mounting, Racking, & Tracking System
- Storage System
- Others
By Application
- Residential
- Nonresidential
- Utility
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS PROFILED IN THE REPORT
- ABB Group
- Canadian Solar
- First Solar Inc.
- Hanwha Q CELLS
- JA Solar
- Jinko Solar
- LONGi Solar
- Shunfeng International
- SunPower Corporation
- Trina Solar
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Table of Content
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. KEY FINDINGS:
2.2. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.3. Top Winning Strategies, By Year, 2016-2018*
3.2.4. Top Winning Strategies, By Company, 2016-2018*
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Rise in demand for clean energy
3.4.1.2. Favorable government policies and incentives
3.4.1.3. Lowering prices of solar power equipment
3.4.2. Restraints
3.4.2.1. Large dependency on suns radiation
3.4.2.2. High initial cost and installation cost of equipment
3.4.3. Opportunity
3.4.3.1. Innovative technological advancements
CHAPTER 4: SOLAR POWER EQUIPMENT MARKET, BY EQUIPMENT
4.1. MARKET OVERVIEW
4.1.1. Market size and forecast, by equipment
4.2. SOLAR PANELS
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by country
4.3. MOUNTING, RACKING, & TRACKING SYSTEM
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by country
4.4. STORAGE SYSTEM
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market size and forecast, by country
4.5. OTHERS
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market size and forecast, by country
CHAPTER 5: SOLAR POWER EQUIPMENT MARKET, BY APPLICATION
5.1. MARKET OVERVIEW
5.1.1. Market size and forecast, by application
5.2. RESIDENTIAL
5.2.1. Key market trends, growth and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by country
5.3. NON-RESIDENTIAL
5.3.1. Key market trends, growth and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by country
5.4. UTILITY
5.4.1. Key market trends, growth and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market size and forecast, by country
CHAPTER 6: SOLAR POWER EQUIPMENT MARKET, BY REGION
6.1. MARKET OVERVIEW
6.1.1. Market size and forecast by region
6.2. NORTH AMERICA
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by equipment
6.2.3. Market size and forecast, by application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. U.S., market size and forecast by equipment
6.2.4.1.2. U.S., market size and forecast, by application
6.2.4.2. Canada
6.2.4.2.1. Canada market size and forecast, by equipment
6.2.4.2.2. Canada market size and forecast, by application
6.2.4.3. Mexico
6.2.4.3.1. Mexico market size and forecast, by equipment
6.2.4.3.2. Mexico market size and forecast, by application
6.3. EUROPE
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Europe market size and forecast, by equipment
6.3.3. Europe market size and forecast, by application
6.3.4. Europe market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Germany market size and forecast, by equipment
6.3.4.1.2. Germany market size and forecast, by application
6.3.4.2. France
6.3.4.2.1. France market size and forecast, by equipment
6.3.4.2.2. France market size and forecast, by application
6.3.4.3. UK
6.3.4.3.1. UK market size and forecast, by equipment
6.3.4.3.2. UK market size and forecast, by application
6.3.4.4. Italy
6.3.4.4.1. Italy market size and forecast, by equipment
6.3.4.4.2. Italy market size and forecast, by application
6.3.4.5. Rest of Europe
6.3.4.5.1. Rest of Europe market size and forecast, by equipment
6.3.4.5.2. Rest of Europe market size and forecast, by application
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