Solar PV Module Market Gaining from Consistent Encouragements for Renewable Energy


Published Date : Mar 14, 2017

ALBANY, New York, March 14, 2017: MarketResearchReports.biz announces the addition of a new report to its repository, titled “Solar PV Module Market, Update 2016 - Global Market Size, Competitive Landscape and Key Country Analysis To 2020.” The report studies all the factors that may influence the demand for solar photovoltaic module in the near future and aspires to act as a credible document for audiences such as vendors and researchers of solar PV module, in order to make more informed business decisions. The report includes all the important figures and estimations such as shares of the leading players, opportunities in each geographical region and segment, as well as global. 

The report divides the solar modules into crystalline silicon (c-Si) modules and thin-film technology. As far as historical data is concerned, the report explores the solar PV module market volume and value for the duration of 2010 to 2015, and estimates the market scenario for the forecast period of 2016 to 2020. 

The report observes that solar PV systems, which convert sunlight into electricity, are gaining popularity among the consumers as they are safe, reliable, easy to install, and are operated at low cost once installed. With depleting energy resources, the need to develop alternatives are encouraged by several governments in developed as well as emerging economies. This factor is further fueling the demand for solar PV systems. It has been estimated that a successful installation of solar PV module is able to act as a reliable energy source for more than two decades with minimal maintenance. Since these systems are neutralized off fluctuating prices of fossil fuel, the adoption rate is growing. 

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The report provides estimations on annual installations by technology and volume for solar PV modules in the regions of Asia Pacific including India and China, India, Japan, and Australia, North America including the U.S., and Canada, Europe including Germany, Italy, the U.K., and France, as well as global. The report emphasizes on regulations on solar PV model in several countries, such as golden sun program and building integrated photovoltaic subsidy program in China, renewable energy certificates and Jawaharlal Nehru national solar mission in India, green investment tax credit in Japan, energy independence and security act in the U.S., and market incentive programme in Germany. Globally, the report also estimates the volume of electricity generation and consumption from solar PV module. 

The report identifies top fifteen manufacturers active in the global solar PV module market and explores their c-Si module market, regional share, installed capacity by region, production by region, country share, and key drivers and restraints. Some of the prominent players in this market are Kyocera Corporation, Mitsubishi Electric Corporation, Trina Solar, Kaneka Corporation, Panasonic Corporation, Jinko Solar, ReneSola Co. Ltd., Sharp Corporation, JA solar Co. Ltd, Suntech Power Holdings Co. Ltd, Canadian Solar, and Yingli Green. 

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