The global Solar Cell Market Size research report offers the definition, market shares, drivers, restraints, opportunities, and challenges in an voluminous format. On the basis of Type, the market is further categorized into based on the regions, the market is distributed into Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. This markets competitive manufactures and the upcoming manufactures are studied with their research. Revenue, production, price, market share of these players is mentioned with detailed information.
Solar Cell Market study
offers an exhaustive summary of the vendor landscape, competitive analysis, and
key strategies to gain ruthless advantage. Solar Cell Market Forecast provides
sizing and growth opportunities. It provides comprehensive insights on the
latest industry trends, forecast, and growth drivers in the market. it also
includes a detailed analysis of growth drivers, challenges, and investment
opportunities and delivers a complete overview of segments and the regional
outlook of the market.
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Industry Insights:
The global solar cell
market was estimated at 182.4 GW in 2014. The rising demand for electricity
coupled with the increasing consumer awareness concerning the benefits of
renewable resources is anticipated to have a positive impact on the market
growth. Moreover, rising infrastructural developments together with rapid
growth in the industrial sector are estimated to drive demand over the forecast
period.
The increasing demand for a
reliable, clean and eco-friendly energy source to reduce the dependency on
fossil fuels owing to their depletion is projected to propel demand for solar
cells. The technological development in reducing the manufacturing cost and improving
performance efficiency is expected to drive the solar cell market.
The government regulations
in various economies promote the utilization of solar energy systems leading to
the emergence of new opportunities in the industry. Stringent government regulations
related to the reduction in environmental impact are expected to drive the
market demand for renewable energy resources.
The increasing demand for
PV systems for utility, commercial and residential applications owing to
superior efficiency and lower initial investments, is anticipated to augment
the growth of solar cell market. The market is distinguished by combination in
the value chain by various companies such as SolarWorld, SunEdison, and First
Solar.
Regional Insights:
Europe accounted for 45% of
the overall installed capacity in 2014. The government regulations favoring the
PV installations are projected to drive market growth in Europe. The increasing
demand for solar cells in the utility and commercial sector is anticipated to
augment market growth.
The decrease in PV prices
is projected to explore new opportunities for crystalline silicon modules over
the estimated period. In addition, advancements in technology in improving the
operating efficiency of thin film solar cells are anticipated to increase its
demand in commercial and residential applications.
The demand for the solar
cell in North America was estimated to be over 20 GW in 2014. High PV
installations owing to the rising consumer awareness towards benefits in cost
associated with the renewable energy systems in the region is expected to drive
market growth. However, lack of incentives and federal subsidy after 2016 is
expected to witness a reduction in the installation in residential and
commercial segments which is expected to hamper growth.
Table of Contents:-
Chapter
1 Methodology and Scope
Chapter
2 Executive Summary
Chapter
3 Solar Cell: Market Variables, Trends & Scope
Chapter
4 Solar Cell: Product Estimates & Trend Analysis
Chapter
5 Solar Cell: Application Estimates & Trend Analysis
Chapter
6 Solar Cell: End-use Estimates & Trend Analysis
Chapter
7 Solar Cell: Industrial End-use Estimates & Trend Analysis
Chapter
8 Solar Cell: Regional Estimates & Trend Analysis
Chapter
9 Competitive Landscape
Chapter
10 Solar Cell: Manufacturers Company Profiles
Top Key Players of Solar
Cell Market :
First Solar Inc., SunPower
Corporation, Indosolar Limited, Sharp Corporation, SolarWorld AG, Canadian
Solar Inc., GreenBrilliance, Yingli Solar, SunEdison Inc., Tata Power Systems
Limited, Borg Inc., and Trina Solar Limited.
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