Global Solar Power Market, 2018 Update

Global Solar Power Market, 2018 Update

Solar Photovoltaic (PV) Gains Momentum as a Globally Irreversible Mainstream Energy Source

RELEASE DATE
01-Mar-2018
REGION
Global
Research Code: MD5F-01-00-00-00
SKU: EG01859-GL-MR_21567

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Description

This research report presents the Global Solar Power Market, with a specific focus on solar photovoltaic (PV). The study includes an in-depth analysis of the solar power market with a specific focus on eight regions—North America, Europe, Latin America, Asia-Pacific, China, India, Africa, and the Middle East. End-user groups are residential, commercial and industrial, and utility scale. Installed capacity and expected trends in end-user segments vary across regions. Application and technology are covered at a global perspective. This research service provides the description and analysis of the global solar power market at the top-level, as well as the regional market level.

Global solar PV continues on a period of exceptional growth; its annual installed capacity in 2017 was 101.6 GW, almost double the 51.4 GW installed in 2015. The pace of growth is forecast to slow significantly over the next few years, but growth post-2020 will see the market increase to 144.6 GW in 2025. The market is largely driven by cost reduction of solar modules. Economies of scale, technological advancement, and increasing automation in production are key forces behind the price reduction in solar modules. The global agenda for renewable and clean energy sources pave the way for the development of solar power. Technological advances in battery storage solutions integrated with solar PV systems provide residential and commercial/industrial end-users with the opportunity to reduce peak periods, by delivering their stored power on-demand.

The research methodology is a combination of primary and secondary research. Secondary research involves desk-based research. Primary research involves interaction with market participants and getting their perspective and feedback on our analysis.


Research Benefits

This study will provide an in-depth analysis on the solar photovoltaic industry in terms of revenue and annual capacity additions; it will also discuss interesting trends and technologies driving solar market growth. These insights will aid clients in identifying growth opportunities, promising areas and right technology/solution to invest in, choose the addressable markets, and also develop innovative business models.

Key Issues Addressed

  • Is the global solar power market growing; how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Will these companies, products, and applications continue to exist?
  • What are the key drivers and restraints affecting the solar power market?
  • Are the technologies offered today meeting customer needs or are additional development needed?
  • How are the growth trends for solar power different in developed and developing markets?

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Key Findings

Market Engineering Measurements

CEO’s Perspective

Associated Multimedia and Related Research

Market Scope

Regional Scope

Market Definitions

Key Questions this Study will Answer

Market Structure

Market Segmentation by Region

Distribution Channels

Drivers and Restraints

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Market Engineering Measurements

Forecast Assumptions

Revenue Forecast

Annual Installed Capacity Forecast

Regulatory Snapshot

Pricing Trends

Pricing Trends (continued)

Pricing Analysis

Financial Trends and Incentives

Technology Analysis

Technology Analysis (continued)

Annual Installed Capacity Forecast by Region

Annual Installed Capacity Forecast by Region Discussion

Revenue Forecast by Region

Revenue Forecast by Region Discussion

Annual Installed Capacity Forecast by Project Type

Competitive Analysis

Competitive Analysis—Market Share

Competitive Environment

Strategic Analysis—Five Forces Model

Growth Opportunity 1—Manufacturing in Different Regions

Growth Opportunity 2—Expand Offerings to Include Residential and C&I Storage

Strategic Imperatives for Success and Growth

North America—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Country

Annual Installed Capacity Forecast by Project Type

Competitive Environment

Europe—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Country

Annual Installed Capacity Forecast by Project Type

Competitive Environment

Asia-Pacific—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Country

Annual Installed Capacity Forecast by Project Type

Competitive Environment

China—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Project Type

Competitive Environment

India—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Project Type

Competitive Environment

Latin America—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Country

Annual Installed Capacity Forecast by Project Type

Competitive Environment

Africa—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Project Type

Competitive Environment

Middle East—Strategic Insights

Revenue Forecast

Revenue Forecast Discussion

Annual Installed Capacity Forecast

Annual Installed Capacity Forecast Discussion

Annual Installed Capacity Forecast by Project Type

Competitive Environment

The Last Word—3 Big Predictions

Legal Disclaimer

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Market Engineering Methodology

Related Research
This research report presents the Global Solar Power Market, with a specific focus on solar photovoltaic (PV). The study includes an in-depth analysis of the solar power market with a specific focus on eight regions—North America, Europe, Latin America, Asia-Pacific, China, India, Africa, and the Middle East. End-user groups are residential, commercial and industrial, and utility scale. Installed capacity and expected trends in end-user segments vary across regions. Application and technology are covered at a global perspective. This research service provides the description and analysis of the global solar power market at the top-level, as well as the regional market level. Global solar PV continues on a period of exceptional growth; its annual installed capacity in 2017 was 101.6 GW, almost double the 51.4 GW installed in 2015. The pace of growth is forecast to slow significantly over the next few years, but growth post-2020 will see the market increase to 144.6 GW in 2025. The market is largely driven by cost reduction of solar modules. Economies of scale, technological advancement, and increasing automation in production are key forces behind the price reduction in solar modules. The global agenda for renewable and clean energy sources pave the way for the development of solar power. Technological advances in battery storage solutions integrated with solar PV systems provide residential and commercial/industrial end-users with the opportunity to reduce peak periods, by delivering their stored power on-demand. The research methodology is a combination of primary and secondary research. Secondary research involves desk-based research. Primary research involves interaction with market participants and getting their perspective and feedback on our analysis.--BEGIN PROMO--

Research Benefits

This study will provide an in-depth analysis on the solar photovoltaic industry in terms of revenue and annual capacity additions; it will also discus

More Information
No Index No
Podcast No
Author Irmak Giray
Industries Energy
WIP Number MD5F-01-00-00-00
Is Prebook No
GPS Codes 9301-A4,9597,9851,9852,9AFE-A4,9AFF-A4,9B00-A4,GETE