Global Solar Power Equipment Market

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.

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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)