Global Solar Power Equipment Market
Report Description:
SRMV market Research forecasts the Global Solar Power
Equipment Market to grow from USD 96.87 billion in 2019 to USD 492.80 billion
by 2032, at a Compound Annual Growth Rate (CAGR) of 13.31% during the forecast
period. The factors driving the market growth are increased prominence on the
use of green & eco-friendly energy and the declining cost of solar panels
that led to an increase in demand for solar power equipment in the commercial
sector. However, the cost associated with solar energy storage equipment’s
installation restrains the growth of the power supply market.
Solar Power equipment is the equipment that uses solar
radiation as a substitute for traditional energy for water heating,
daylighting, active space heating and cooling, detoxification, or the
production of industrial or commercial process heat, inert heating, electricity
generation, distillation, and desalinization.
Solar Power Equipment’s include of collector’s panel, controls, semiconductors,
energy storage devices, heat pumps and pumps, heat exchangers, windmills, and
other materials.
Global
Solar Power Equipment Market Analysis, by Region (2019 vs 2032) (US$ BN)
Residential segment of End User is anticipated to grow
at higher rate during the forecast period.
Factors such as an increase in investment in solar
rooftop installation in residential sectors are anticipated to drive the growth
of the global solar power equipment market. Moreover, the rising demand for
environment-friendly clean solar energy in various countries due to climate
change and its recent consequences is expected to contribute to the growth.
Thus, the threat of substitutes is low. There are many trending residential
projects associated with a solar-paneled roof that brings a vast opportunity
for industry players.
Asia-Pacific is the major regions in the Solar Power
Equipment market throughout the forecast period.
APAC is one of the major regions for solar Power
Equipment market due to its advantage of high skilled labor and low production
cost, a country like China is among one that supplies spares with low cost.
Moreover, rising attractive initiatives and funding from governments toward
clean renewable energy is expected to have a positive impact on the market.
Increasing installation of solar systems in recent years shows that this region
is a key for the market and has a potential opportunity for the market players.
Companies
operating in the field of Solar Power Equipment Market are ABB Group, SunPower
Corporation, JinkoSolar, Canadian Solar, Shunfeng International, Hanwha Q CELLS,
LONGi Solar, First Solar Inc., Trina Solar, JA Solar, ABROS green GmbH, Yingli
Solar, eSolar, Inc., Abengoa Solar , Gintech Energy Corp.
Solar Energy Types Covered:
Photovoltaic systems
Thin film solar cells
Solar water heating systems
Solar power plants
Passive solar heating
Equipment’s Covered:
Glass
Balance of Systems
Semiconductors
Anti-Reflective Coating
End Users Covered:
Residential
Commercial
Other End users
Research Approach
SRMV market research is
carried by extensive usage of secondary research sources, like research
publications, Associations, Journals and Government websites to validate and
collect information useful for this technical, market-oriented, and commercial
study of every market. The points mentioned below explain the research
methodology applied in making report.
Ø Primary and secondary
research has been conducted to determine the market segmentation, analytical
data that linked to the research area across various countries for different
technologies and services over a period.
Ø Key players are
identified by their shares, performance, etc. thereby, company profiling is
provided by secondary research.
Ø Based on all the
gathered data, an analysis has been done to categorize the best performing or
promising technology, service, or area of market in respective countries that
holds major part of the market globally.
What we offer in reports:
Ø Market Strategies for
the new entrants and for International Expansion.
Ø Market growth assessments
on the regional and global bases of various geographies.
Ø Opportunity Assessment
and Competitor Assessment for every market.
Ø Strategic
recommendations in key business segments based on the market estimations.
Ø Product portfolio with
Product to Market Assessment, geographical presence and their performance
analysis.
Ø Technology Exploration,
Supply Chain Analysis.
Ø Production Analysis,
Application Analysis and Feasibility Analysis of each segment.
Ø Market Trends (Drivers,
Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and
recommendations)
Ø Porter’s five forces
analysis, SWOT analysis, etc.
Ø Supply chain trends
mapping the latest technological advancements of many companies in company
profiling.
Ø Polices and Regulatory
Factors that exists and new that control the market and its trend.
Table of contents
1 Market Outline
1.1 Research Methodology
1.2 Strategic Benchmarking
1.3 Segment Analysis
1.4 Opportunity Analysis
2 Executive Summary
3 Market Policies and Regulatory Factors
4 Market Overview
4.1 Current Trends
4.2 Growth Opportunities/Investment Opportunities
4.3 Challenges
4.4 Drivers
4.5 Restraints
5 Porter's Five Forces Analysis
5.1 Threat of new entrants
5.2 Threat of substitutes
5.3 Bargaining power of suppliers
5.4 Competitive rivalry
5.5 Bargaining power of buyers
6 Global Solar Power Equipment Market, By Solar Energy Types
6.1 Introduction
6.2 Photovoltaic systems
6.2.1 First Generation
6.2.2 Second Generation
6.2.3 Third Generation
6.3 Thin film solar cells
6.4 Solar water heating systems
6.5 Solar power plants
6.6 Passive solar heating
7 Global Solar Power Equipment Market, By Equipments
7.1 Introduction
7.2 Glass
7.2.1 Flat
7.3 Balance of Systems
7.3.1 Charge Controllers
7.3.2 Tracking Systems
7.3.3 Inverters/Converters
7.3.4 Mounting Systems
7.3.5 Batteries
7.3.6 Othe Balance of Systems
7.4 Semiconductors
7.4.1 Polysilicon
7.4.1.1 Monocrystalline
7.4.1.2 Polycrystalline
7.4.1.3 Thin film amorphous
7.5 Anti-Reflective Coating
7.5.1 Titanium Dioxide
7.5.2 Indium-tin Dioxide
7.5.3 Silicon Dioxide
7.5.4 Other Anti-Reflective Coatings
8 Global Solar Power Equipment Market, By End Users
8.1 Introduction
8.2 Residential
8.3 Automotive
8.4 Power Generation
8.5 Construction
8.6 Aerospace
8.7 Machining
8.8 Commercial
8.9 Transportation
8.10 Oil, Gas & Mining
8.11 Communications
8.12 Electronics
8.13 Medical/Research
8.14 Defense/Military/Government
8.15 Chemical Processing
8.16 Food Processing
8.17 Paper & Pulp Industry
8.18 Other End Users
9 Global Solar Power Equipment Market, By Geography
9.1 Europe
9.1.1 U.K
9.1.2 Germany
9.1.3 France
9.1.4 Spain
9.1.5 Italy
9.1.6 Rest of Europe
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Asia Pacific
9.3.1 China
9.3.2 India
9.3.3 Australia
9.3.4 Japan
9.3.5 South Korea
9.3.6 Rest of Asia Pacific
9.4 Middle East
9.4.1 Saudi Arabia
9.4.2 UAE
9.4.3 Israel
9.4.4 Rest of Middle East
9.5 Latin America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Rest of Latin America
9.6 Rest of the World (RoW)
9.6.1 South Africa
9.6.2 Russia
9.6.3 Others
10 Key Player Activities
10.1 Global Competitive trends
10.1.1 Contracts, Agreements of Joint Ventures, Partnerships and Collaborations
10.1.2 Acquisitions & Mergers
10.1.3 Expansions
10.1.4 New Product Launch
10.1.5 Other Activities
10.2 Global Competitive market
10.2.1 Top Performing Companies
10.2.2 Eminent personalities in market
10.2.3 Top innovation and innovators
11 Company Profiles
11.1 ABB Group
11.2 SunPower Corporation
11.3 JinkoSolar
11.4 Canadian Solar
11.5 Shunfeng International
11.6 Hanwha Q CELLS
11.7 LONGi Solar
11.8 First Solar Inc.
11.9 Trina Solar
11.10 JA Solar
11.11 ABROS green GmbH
11.12 Yingli Solar
11.13 eSolar, Inc.
11.14 Abengoa Solar
11.15 Gintech Energy Corp.,
12 List of Tables
Table 1 Global Solar Power Equipment Market By Region, Market Forecast (2020-2032) (US $MN)
Table 2 Global Solar Power Equipment Market By Solar Energy Types, Market Forecast (2020-2032) (US $MN)
Table 3 Global Solar Power Equipment Market By Photovoltaic systems, Market Forecast (2020-2032) (US $MN)
Table 4 Global Solar Power Equipment Market By Thin film solar cells, Market Forecast (2020-2032) (US $MN)
Table 5 Global Solar Power Equipment Market By Solar water heating systems, Market Forecast (2020-2032) (US $MN)
Table 6 Global Solar Power Equipment Market By Solar power plants, Market Forecast (2020-2032) (US $MN)
Table 7 Global Solar Power Equipment Market By Passive solar heating, Market Forecast (2020-2032) (US $MN)
Table 8 Global Solar Power Equipment Market By Equipments, Market Forecast (2020-2032) (US $MN)
Table 9 Global Solar Power Equipment Market By Glass, Market Forecast (2020-2032) (US $MN)
Table 10 Global Solar Power Equipment Market By Balance of Systems, Market Forecast (2020-2032) (US $MN)
Table 11 Global Solar Power Equipment Market By Semiconductors, Market Forecast (2020-2032) (US $MN)
Table 12 Global Solar Power Equipment Market By Anti-Reflective Coating, Market Forecast (2020-2032) (US $MN)
Table 13 Global Solar Power Equipment Market By End Users, Market Forecast (2020-2032) (US $MN)
Table 14 Global Solar Power Equipment Market By Residential, Market Forecast (2020-2032) (US $MN)
Table 15 Global Solar Power Equipment Market By Commercial, Market Forecast (2020-2032) (US $MN)
Table 16 Global Solar Power Equipment Market By Other End users, Market Forecast (2020-2032) (US $MN)
