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This report studies the global Solar PV market status and forecast, categorizes the global Solar PV market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
China is still the biggest market in the global Solar PV market, about 50% market share in 2015, the annual production is more than any single countries’ double production and the capacity is expansion in these years, almost 60% occurs in China. The future capacity and production market share will increase, or at least maintain the current share. For these regions, Asia owns the largest market share comparing with Europe and North America, indicating the strong demand of Solar PV products.
The Solar PV industry concentration degree is relatively low, there are more than 200 manufacturers in the world and we think in the next few years, the concentration degree will rise.
Since the anti-dumping duties occurred, the competitive status has already turned white-hot, with the price declining, the gross profit of the whole industry is narrowing and it will be unsteady to some extent. The raw material’s price is also uncertainty, currently; the raw material has a growth trend.
The global Solar PV market is valued at 44800 million US$ in 2017 and will reach 52200 million US$ by the end of 2025, growing at a CAGR of 1.9% during 2018-2025.
The major manufacturers covered in this report
Hanwha Q CELLS
Neo Solar Power
E-Ton Solar Tech
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Application, the market can be split into
The study objectives of this report are:
To analyze and study the global Solar PV capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Solar PV manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Solar PV are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Solar PV Manufacturers
Solar PV Distributors/Traders/Wholesalers
Solar PV Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Solar PV market, by end-use.
Detailed analysis and profiles of additional market players.