Solar Panels Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2074 | Report Format : | Status : Upcoming |

Abstract

Solar Panels Market: Overview

The solar panel consists of a panel which is used to absorb the rays of the sun for the storage of the energy. This stored energy can be used for heating and generate electricity. As the sun is a non-conventional resource of energy thus it reduces the electricity that is generated from the fossil fuels. The alternative name for the solar panels is PV modules and photovoltaic. Solar panels are used in the individual gadgets, powering electronic devices, vehicle batteries, and residential applications.

Solar Panels Market: Segmentation

The global market for the solar panels is fragmented into its type and application. On the basis of type, the global market is fragmented into thin-film panels, monocrystalline solar panels, and polycrystalline solar panels. On the basis of application, the market is categorized into commercial, off grid, residential, and power plants.

Solar Panels Market: Growth Factors

The demand for the solar panels has increased rapidly in the residential rooftop applications. The other important factor that is driving the growth of the market is the decreased prices of the main components such as polysilicon and silver which are basically used in the production of the solar cells. Advantages of using the solar panels are that they do not emit any harmful gases and also there is no noise generation. The increase in the price of the electricity and natural gas and the decrease in the price of the industrial commodities that are used for the making of the solar panels are fuelling the growth of the market. There are some factors that will limit the growth of the solar panels market which includes its limitation of working only at day time and in the case to be used at night there is a requirement of the battery which can store the energy, changing climatic conditions, and the solar technologies are of high cost.

Solar Panels Market: Regional Analysis

On the basis of the regional segmentation, the global solar market includes regions such as North America, Western Europe, Asia Pacific, the Middle East and Africa, Latin America, and Eastern Europe. The region that is leading in the solar panels market in the North America. North America is followed by the regions such as Europe and Asia Pacific. In the North America region, the market is growing significantly owing to the increasing residential application of the solar panels especially in the country of the U.S. In the coming years, there will be a rapid growth of the solar panels market in Asia Pacific region owing to the shift in the manufacturing of the solar panels from the U.S. to the developing nations such as India and China.

Solar Panels Market: Competitive Players

The key market players that are involved in the solar panels market include Photonix Solar Pvt. Ltd., AGL Solar Energy, Yingli Solar, Goal Zero, and others.

Solar Panels Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Gas Meters Market (By Type: Turbine Gas Meter, Ultrasonic Gas Meter, Diaphragm Gas Meter, and Rotary Gas Meter; By Technology: Smart & Automated and Conventional; and By End Users: Residential, Commercial, and Industrial): Global Industrial Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-2277 | Report Format:

The report covers forecast and analysis for the gas meter market on a global and regional level. The study provides historical data from 2014 to 2016 along with a forecast from 2017 to 2022 based on both volume (Million Units) and revenue (USD billion). The study represents annual sales volume and...Read More

Process Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2230 | Report Format:

Process Oil Market: Overview Process oil is a mixture of naphthenic, paraffinic, and perfumed compounds with changeable molecular weight. It is mainly utilized as raw material element or as a help in dealing with materials in industries such as rubber, textile and polymer. Process oil is generat...Read More

Transformer Monitoring System Market (By Type: Services and Hardware; For Transmission & Distribution Transformer, Power Generation Transformer, and Other Applications): Global Industrial Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Sep-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2199 | Report Format:

The report covers forecast and analysis for the transformer monitoring system market on a global and regional level. The study provides historic data from 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the transfor...Read More

Wellhead System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2181 | Report Format:

Wellhead System Market: Overview In oil or the gas drilling well, the wellhead systems are deployed at the external openings. The primary function of the wellhead system is to offer structural pressure enclosing interface for the drilling and the production tools. The wellhead system provides ap...Read More

Directed Energy Weapons (DEW) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2172 | Report Format:

Directed Energy Weapons (DEW) Market: Overview A directed-energy weapon (DEW) releases highly focused power, transferring that power to a target to break it. Prospective applications of this expertise include anti-personnel bludgeon systems, missile protection system, and the disabling of durabl...Read More

Choose License Type:
Latest Published Reports

View All Published Reports