The
global solar PV installation was 29.6 GW in 2011 and is expected to
reach 60.05 GW in 2018, growing at a CAGR of 10.7% from 2012 to 2018.
In terms of revenue, the market is expected to grow at a CAGR of 5.6%
from 2012 to 2018.
Browse
the full report at Solar
Photovoltaic (PV) Installation Market
http://www.transparencymarketresearch.com/solar-photovoltaic-market.html
Solar
PV technologies estimated and forecasted in this study comprise of
thin film PV, crystalline silicon PV and Others (organic solar PV,
CPV etc.). Abundant supply of sunlight/ solar energy, growing demand
for electricity, well-matched alternative with adequate output
efficiency, lower than expected solar PV system prices, strong
government support in the form of incentive schemes, favorable
regulatory scenario and growing application scope are expected to
drive solar PV systems demand over the next five years.
The
wet climate across different geographic regions leading to
deterioration of solar panels, limited life of batteries utilized in
off-grid solar PV systems, slashed feed-in tariff rates, irregular
solar intensities, and oversupply conditions are collectively
expected to restrain the market growth of solar PV systems.
The
residential end use sector is expected to be one of the rapidly
growing markets and accounted for 30.22% of the overall demand in
2011. Increasing applications in utility-scale enabled this sector to
dominate the solar PV market in 2011, accounting for 43.07% of market
share. The residential sector is expected to attain 33.36% market
share by 2018.
Key
products analyzed and estimated in this study include thin film PV,
crystalline silicon PV (c-Si PV) and Other types (organic solar PV,
Concentrated PV etc.) of solar PV's. The study also covers
grid-connected and off-grid PV systems. Grid-connected solar PV's
dominated the grid type market, accounting for 98.03% of the overall
installed capacity in 2011. Crystalline silicon solar PV has captured
majority of the market and accounted for 80.81% of the overall
installed capacity in 2011. Thin film PV market follows the c-Si PV
market and is expected to grow with a CAGR of 18.0% from 2012 to
2018.
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In
terms of volume, EMEA dominated the global market accounting for over
75.7% of the overall annually installed capacity in 2011. Europe is
followed by Asia Pacific in terms of solar PV installations due to
high demand in emerging economies, especially China and India. Annual
installations of solar PV are expected to increase in Asia Pacific
due to increasing solar PV application scope, particularly in
utility-scale, commercial and residential sectors. The current
paradigm shift in the solar PV market is expected to change the
scenario by 2018 with the Asia Pacific solar PV market volume
expected to grow at a CAGR 16.99% from 2012 to 2018 owing to strong
government support and lower prices.
The
study also provides extensive geographical analysis of the solar PV
market, wherein the demand for various applications and end user
industries as well as key regions has been forecasted for North
America, EMEA, Asia Pacific and Rest of the World. In addition, a
detailed analysis of the cause and effect of these applications in a
particular region is also provided.
Browse
all Press Releases:
http://www.transparencymarketresearch.com/press-releases.htm
Key
market participants profiled in this report include Suntech Power
Holdings Co. Ltd., First Solar Inc, Canadian Solar Inc, Yingli Green
Energy Holdings Co. Ltd., Trina Solar Ltd., Bosch Solar Energy AG and
others.
This
research analyzes and estimates the performance and installed
capacity of solar PV systems in the global scenario, providing
detailed trend analysis of the market by geography and technology and
comprehensive analysis of companies dealing in solar PV. The report
presents a thorough assessment of the strategies followed by
different stakeholders by segmenting the solar PV installation market
as below:
Browse
all Article :
http://www.transparencymarketresearch.com/articles.htm
Global
solar PV Installation market, by grid type
Grid-connected solar PV
Off-grid
solar PV
Global
solar PV Installation market, by technology
Thin
film PV
Crystalline
silicon PV
Others
(organic solar PV, CPV etc.)
Global
solar PV Installation market, by end use
Residential
Commercial
Utility-scale
Global
solar PV Installation market, by geography
North
America
EMEA
Asia-Pacific
Rest
of the World (RoW)
Browse
all Energy Industry Research Reports @
http://www.transparencymarketresearch.com/energy-market-reports-3.html
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