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

Combined Heat and Power Market by Fuel (Natural Gas, Coal, Biomass, and Others), by Technology (Gas Turbine, Steam Turbine, Fuel Cell, and Others), and by End-Use (Residential, Industrial, and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Jan-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3729 | Report Format:

The report covers a forecast and an analysis of the combined heat and power market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints of the co...Read More

Feldspar Market by Type (Plagioclase Feldspar and K-Feldspar) and by End-Use (Glass, Ceramics, Fillers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Jan-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3703 | Report Format:

The report covers a forecast and an analysis of the feldspar market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of...Read More

Produced Water Treatment Market by Type (Primary Separation, Secondary Separation, and Tertiary Separation) and by Application (Offshore and Onshore): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Jan-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3701 | Report Format:

The report covers a forecast and an analysis for the produced water treatment market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the...Read More

Static and Rotating Equipment Market (Oil and Gas) by Static Equipment (Valves, Boilers, Heat Exchangers, and Furnaces) and by Rotating Equipment (Compressors, Turbines, and Pumps): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3668 | Report Format:

The report covers a forecast and an analysis for the Static and Rotating Equipment (Oil and Gas) market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and...Read More

Smart Grid Market by Technology (Advanced Metering Infrastructure, Distribution Automation, Software & Hardware, Communication Service, Cyber Security, and Transmission Upgrades) and by Service (Consulting, Deployment & Integration, and Support & Maintenance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3603 | Report Format:

The report covers a forecast and an analysis of the smart grid market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart grid mar...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.