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

Report Code: ZMR-1262 | Report Format : | Status : Upcoming |

Abstract

Global Solar Power Market: Overview

Solar power is the conventional source of energy that is inhabited from the sun. It can be converted into electricity by using photovoltaic’s or concentrated solar power. Concentrated solar power systems consist of mirrors and tracking systems that focus a large area of sunlight on a small area. Photovoltaic cells convert light into electric current with the help of photovoltaic effect. Solar power is generated by using various resources such as solar thermal, concentrated PV, concentrated solar thermal power and solar PV.

Global Solar Power Market: Growth Factors

Increasing environmental concerns of the greenhouse gas emission gave the global rise to the solar power market. The growing awareness among population regarding renewable energy benefits boosted the global market growth. Increasing government spending to encourage renewable energy generation anticipates contributing towards the market growth in the future. Solar power is gaining popularity due to its energy source and low maintenance & operation cost. Favorable environmental regulation is implemented to control greenhouse gas emission which is driving the global solar power market. The considerable shift in consumer preference towards a clean source of energy has encouraged the global market significantly. Solar energy is an economical and efficient source of renewable energy. Unstable fossil fuel prices and depleting resources of the fossil fuel is expected to further propel the global market growth. Stringent government regulations implemented to control the usage of coal-generated energy and environmental pollution has triggered the growth of the global solar power market.

Global Solar Power Market: Segmentation

The global solar power market is classified based on the application as residential, commercial and industrial. Based on the solution the global market is categorized into asset management, network monitoring, remote metering, SCADA, meter data management, and analytics. Furthermore, the global solar power market is fragmented based on the services as demand response and consulting.

Global Solar Power Market: Regional Analysis

Asia Pacific contributed for the largest market chunk owing to rapid urbanization and strong economic growth. Latin America also expects to fuel the demand for the solar power over the next few years. Concentrated solar power is gaining wide acceptance as emerging leading technology and is implemented in the several pipeline projects in Latin America. It is also extensively used niche market which includes Brazil, China, Canada, India, and France. Diminishing resources of the fossil fuel compel the governments and energy agencies to shift towards alternative sources of energy thus fueling the demand in the North American market. Government and power companies initiated to provide subsidy on solar power energy generation in the regions such as Canada and Germany thus expecting to provide immense opportunities for companies in the future. Increasing urbanization in the Russia and UAE is expected to witness strong demand for the solar power market in the next few years.

Global Solar Power Market: Competitive Players

Some of the prominent players dominating the global solar power market include Solsonica, Tebian Electricity, XL Energy, Emmvee Solar Systems, Tata Power Solar, Centrosolar Inc., Shunfeng Photovoltaic and Hanergy Solar. Other key players influencing the global market are OCI Company, Mitsubishi Solar Inc., Solar Power Industries, REC Silicon, ENN Solar, Helios Technology, Neo Solar Power and SunEdison.

Global Solar Power 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 Report 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

Oilfield Services Market (Pressure Pumping Services, Oil Country Tubular Goods, Wireline Services, Well Completion Equipment & Services, Well Intervention Services, Drilling & Completion Fluid Services, and Coiled Tubing Services) for Offshore and Onshore Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Aug-2017 | Price : $ 4199.00 | Pages: 167 | Report Code: ZMR-2087 | Report Format:

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

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

Price : $ 3599.00 | Report Code: ZMR-2074 | Report Format:

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 th...Read More

Lithium Air Batteries Market By Types, Conventional Lithium Air Batteries and Nano Lithium Air Batteries for Applications: Electronics, Electric Cars, and Grid Backup): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2039 | Report Format:

The report covers forecast and analysis for the lithium air batteries market on a global and regional level. The study provides historic data of 2014, 2015, and 2016 along with a forecast from 2017 to 2022 based on revenue (USD million). The study includes drivers and restraints for the lithium ai...Read More

Switchgear Market (By Voltage: Low Voltage, Medium Voltage, and High Voltage; By Insulation: Air, Gas, Oil, and Vacuum; and By End Users: Utilities, Industrial, and Residential & Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Aug-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2027 | Report Format:

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

Green Cooling Technologies Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1944 | Report Format:

Global Green Cooling Technologies Market: Overview The increasing population, the increased requirement for advanced technological methods, and the rise in the demand for the equipment that aids in the decrease of greenhouse gas emission are helping in saving a noteworthy amount of energy. The m...Read More

Choose License Type:
Latest Published Reports

View All Published Reports