Insights into the Industry
The solar energy industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of solar energy ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the solar energy market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards solar energy 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the solar energy industry and impacting its growth. Our report divides the solar energy market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global solar energy market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Solar Energy Market research report which is segmented by Products (Monocrystalline Silicon Cells, Polycrystalline Silicon Cells, Cadmium Telluride, Amorphous Silicon Cells, Others (Copper Indium Gallium Selenide (CIGS))), by Applications (Residential, Commercial, Industrial), by Key Players/Companies Esolar Inc., Gintech Energy Corp., Canadian Solar Inc., Bright source Energy Inc., Tata Power Solar, Kaneka Corp., Acciona Energia S.A., Wuxi Suntech Power Co. Ltd., Abengoa Solar S.A., Sunpower Corporation”. In 2020, the global solar energy market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Solar Energy Market Research Report |
| By Products | Monocrystalline Silicon Cells, Polycrystalline Silicon Cells, Cadmium Telluride, Amorphous Silicon Cells, Others (Copper Indium Gallium Selenide (CIGS)) |
| By Applications | Residential, Commercial, Industrial |
| By Key Players | Esolar Inc., Gintech Energy Corp., Canadian Solar Inc., Bright source Energy Inc., Tata Power Solar, Kaneka Corp., Acciona Energia S.A., Wuxi Suntech Power Co. Ltd., Abengoa Solar S.A., Sunpower Corporation |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 119 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global solar energy industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, solar energy industry study report has included all major manufacturers and distributors operating in the solar energy market across all major regions.
Solar Energy Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating solar energy market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Solar Energy Market Key Trends Analysis
The key factors influencing the growth of the solar energy market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Solar Energy Market Key Segment Analysis
The report delivers a critical assessment on the solar energy market by segmenting it based on Products, Applications, and region. All the segments and categories of the solar energy market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global solar energy market is segmented into Monocrystalline Silicon Cells, Polycrystalline Silicon Cells, Cadmium Telluride, Amorphous Silicon Cells, Others (Copper Indium Gallium Selenide (CIGS)). Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Residential, Commercial, Industrial. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the solar energy market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Solar Energy Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global solar energy market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the solar energy market.
Some of the leading players profiled in the global solar energy market are,
- Esolar Inc.
- Gintech Energy Corp.
- Canadian Solar Inc.
- Bright source Energy Inc.
- Tata Power Solar
- Kaneka Corp.
- Acciona Energia S.A.
- Wuxi Suntech Power Co. Ltd.
- Abengoa Solar S.A.
- Sunpower Corporation
The Key Audiences for Solar Energy Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the solar energy market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global solar energy market are as follows:
Global Solar Energy Market: By Products
- Monocrystalline Silicon Cells
- Polycrystalline Silicon Cells
- Cadmium Telluride
- Amorphous Silicon Cells
- Others (Copper Indium Gallium Selenide (CIGS))
Global Solar Energy Market: By Applications
- Residential
- Commercial
- Industrial
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major solar energy . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Solar Energy market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Esolar Inc.
- Gintech Energy Corp.
- Canadian Solar Inc.
- Bright source Energy Inc.
- Tata Power Solar
- Kaneka Corp.
- Acciona Energia S.A.
- Wuxi Suntech Power Co. Ltd.
- Abengoa Solar S.A.
- Sunpower Corporation
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Solar Energy Market Share by Type (2020-2026) 1.5.2 Monocrystalline Silicon Cells 1.5.3 Polycrystalline Silicon Cells 1.5.4 Cadmium Telluride 1.5.5 Amorphous Silicon Cells 1.5.6 Others (Copper Indium Gallium Selenide (CIGS)) 1.6 Market by Application 1.6.1 Global Solar Energy Market Share by Application (2020-2026) 1.6.2 Residential 1.6.3 Commercial 1.6.4 Industrial 1.7 Solar Energy Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Solar Energy Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Solar Energy Market 3.1 Value Chain Status 3.2 Solar Energy Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Solar Energy 3.2.3 Labor Cost of Solar Energy 3.2.3.1 Labor Cost of Solar Energy Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Esolar Inc. 4.1.1 Esolar Inc. Basic Information 4.1.2 Solar Energy Product Profiles, Application and Specification 4.1.3 Esolar Inc. Solar Energy Market Performance (2015-2020) 4.1.4 Esolar Inc. Business Overview 4.2 Gintech Energy Corp. 4.2.1 Gintech Energy Corp. Basic Information 4.2.2 Solar Energy Product Profiles, Application and Specification 4.2.3 Gintech Energy Corp. Solar Energy Market Performance (2015-2020) 4.2.4 Gintech Energy Corp. Business Overview 4.3 Canadian Solar Inc. 4.3.1 Canadian Solar Inc. Basic Information 4.3.2 Solar Energy Product Profiles, Application and Specification 4.3.3 Canadian Solar Inc. Solar Energy Market Performance (2015-2020) 4.3.4 Canadian Solar Inc. Business Overview 4.4 Bright source Energy Inc. 4.4.1 Bright source Energy Inc. Basic Information 4.4.2 Solar Energy Product Profiles, Application and Specification 4.4.3 Bright source Energy Inc. Solar Energy Market Performance (2015-2020) 4.4.4 Bright source Energy Inc. Business Overview 4.5 Tata Power Solar 4.5.1 Tata Power Solar Basic Information 4.5.2 Solar Energy Product Profiles, Application and Specification 4.5.3 Tata Power Solar Solar Energy Market Performance (2015-2020) 4.5.4 Tata Power Solar Business Overview 4.6 Kaneka Corp. 4.6.1 Kaneka Corp. Basic Information 4.6.2 Solar Energy Product Profiles, Application and Specification 4.6.3 Kaneka Corp. Solar Energy Market Performance (2015-2020) 4.6.4 Kaneka Corp. Business Overview 4.7 Acciona Energia S.A. 4.7.1 Acciona Energia S.A. Basic Information 4.7.2 Solar Energy Product Profiles, Application and Specification 4.7.3 Acciona Energia S.A. Solar Energy Market Performance (2015-2020) 4.7.4 Acciona Energia S.A. Business Overview 4.8 Wuxi Suntech Power Co. Ltd. 4.8.1 Wuxi Suntech Power Co. Ltd. Basic Information 4.8.2 Solar Energy Product Profiles, Application and Specification 4.8.3 Wuxi Suntech Power Co. Ltd. Solar Energy Market Performance (2015-2020) 4.8.4 Wuxi Suntech Power Co. Ltd. Business Overview 4.9 Abengoa Solar S.A. 4.9.1 Abengoa Solar S.A. Basic Information 4.9.2 Solar Energy Product Profiles, Application and Specification 4.9.3 Abengoa Solar S.A. Solar Energy Market Performance (2015-2020) 4.9.4 Abengoa Solar S.A. Business Overview 4.10 Sunpower Corporation 4.10.1 Sunpower Corporation Basic Information 4.10.2 Solar Energy Product Profiles, Application and Specification 4.10.3 Sunpower Corporation Solar Energy Market Performance (2015-2020) 4.10.4 Sunpower Corporation Business Overview 5 Global Solar Energy Market Analysis by Regions 5.1 Global Solar Energy Sales, Revenue and Market Share by Regions 5.1.1 Global Solar Energy Sales by Regions (2015-2020) 5.1.2 Global Solar Energy Revenue by Regions (2015-2020) 5.2 North America Solar Energy Sales and Growth Rate (2015-2020) 5.3 Europe Solar Energy Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Solar Energy Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Solar Energy Sales and Growth Rate (2015-2020) 5.6 South America Solar Energy Sales and Growth Rate (2015-2020) 6 North America Solar Energy Market Analysis by Countries 6.1 North America Solar Energy Sales, Revenue and Market Share by Countries 6.1.1 North America Solar Energy Sales by Countries (2015-2020) 6.1.2 North America Solar Energy Revenue by Countries (2015-2020) 6.1.3 North America Solar Energy Market Under COVID-19 6.2 United States Solar Energy Sales and Growth Rate (2015-2020) 6.2.1 United States Solar Energy Market Under COVID-19 6.3 Canada Solar Energy Sales and Growth Rate (2015-2020) 6.4 Mexico Solar Energy Sales and Growth Rate (2015-2020) 7 Europe Solar Energy Market Analysis by Countries 7.1 Europe Solar Energy Sales, Revenue and Market Share by Countries 7.1.1 Europe Solar Energy Sales by Countries (2015-2020) 7.1.2 Europe Solar Energy Revenue by Countries (2015-2020) 7.1.3 Europe Solar Energy Market Under COVID-19 7.2 Germany Solar Energy Sales and Growth Rate (2015-2020) 7.2.1 Germany Solar Energy Market Under COVID-19 7.3 UK Solar Energy Sales and Growth Rate (2015-2020) 7.3.1 UK Solar Energy Market Under COVID-19 7.4 France Solar Energy Sales and Growth Rate (2015-2020) 7.4.1 France Solar Energy Market Under COVID-19 7.5 Italy Solar Energy Sales and Growth Rate (2015-2020) 7.5.1 Italy Solar Energy Market Under COVID-19 7.6 Spain Solar Energy Sales and Growth Rate (2015-2020) 7.6.1 Spain Solar Energy Market Under COVID-19 7.7 Russia Solar Energy Sales and Growth Rate (2015-2020) 7.7.1 Russia Solar Energy Market Under COVID-19 8 Asia-Pacific Solar Energy Market Analysis by Countries 8.1 Asia-Pacific Solar Energy Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Solar Energy Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Solar Energy Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Solar Energy Market Under COVID-19 8.2 China Solar Energy Sales and Growth Rate (2015-2020) 8.2.1 China Solar Energy Market Under COVID-19 8.3 Japan Solar Energy Sales and Growth Rate (2015-2020) 8.3.1 Japan Solar Energy Market Under COVID-19 8.4 South Korea Solar Energy Sales and Growth Rate (2015-2020) 8.4.1 South Korea Solar Energy Market Under COVID-19 8.5 Australia Solar Energy Sales and Growth Rate (2015-2020) 8.6 India Solar Energy Sales and Growth Rate (2015-2020) 8.6.1 India Solar Energy Market Under COVID-19 8.7 Southeast Asia Solar Energy Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Solar Energy Market Under COVID-19 9 Middle East and Africa Solar Energy Market Analysis by Countries 9.1 Middle East and Africa Solar Energy Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Solar Energy Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Solar Energy Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Solar Energy Market Under COVID-19 9.2 Saudi Arabia Solar Energy Sales and Growth Rate (2015-2020) 9.3 UAE Solar Energy Sales and Growth Rate (2015-2020) 9.4 Egypt Solar Energy Sales and Growth Rate (2015-2020) 9.5 Nigeria Solar Energy Sales and Growth Rate (2015-2020) 9.6 South Africa Solar Energy Sales and Growth Rate (2015-2020) 10 South America Solar Energy Market Analysis by Countries 10.1 South America Solar Energy Sales, Revenue and Market Share by Countries 10.1.1 South America Solar Energy Sales by Countries (2015-2020) 10.1.2 South America Solar Energy Revenue by Countries (2015-2020) 10.1.3 South America Solar Energy Market Under COVID-19 10.2 Brazil Solar Energy Sales and Growth Rate (2015-2020) 10.2.1 Brazil Solar Energy Market Under COVID-19 10.3 Argentina Solar Energy Sales and Growth Rate (2015-2020) 10.4 Columbia Solar Energy Sales and Growth Rate (2015-2020) 10.5 Chile Solar Energy Sales and Growth Rate (2015-2020) 11 Global Solar Energy Market Segment by Types 11.1 Global Solar Energy Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Solar Energy Sales and Market Share by Types (2015-2020) 11.1.2 Global Solar Energy Revenue and Market Share by Types (2015-2020) 11.2 Monocrystalline Silicon Cells Sales and Price (2015-2020) 11.3 Polycrystalline Silicon Cells Sales and Price (2015-2020) 11.4 Cadmium Telluride Sales and Price (2015-2020) 11.5 Amorphous Silicon Cells Sales and Price (2015-2020) 11.6 Others (Copper Indium Gallium Selenide (CIGS)) Sales and Price (2015-2020) 12 Global Solar Energy Market Segment by Applications 12.1 Global Solar Energy Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Solar Energy Sales and Market Share by Applications (2015-2020) 12.1.2 Global Solar Energy Revenue and Market Share by Applications (2015-2020) 12.2 Residential Sales, Revenue and Growth Rate (2015-2020) 12.3 Commercial Sales, Revenue and Growth Rate (2015-2020) 12.4 Industrial Sales, Revenue and Growth Rate (2015-2020) 13 Solar Energy Market Forecast by Regions (2020-2026) 13.1 Global Solar Energy Sales, Revenue and Growth Rate (2020-2026) 13.2 Solar Energy Market Forecast by Regions (2020-2026) 13.2.1 North America Solar Energy Market Forecast (2020-2026) 13.2.2 Europe Solar Energy Market Forecast (2020-2026) 13.2.3 Asia-Pacific Solar Energy Market Forecast (2020-2026) 13.2.4 Middle East and Africa Solar Energy Market Forecast (2020-2026) 13.2.5 South America Solar Energy Market Forecast (2020-2026) 13.3 Solar Energy Market Forecast by Types (2020-2026) 13.4 Solar Energy Market Forecast by Applications (2020-2026) 13.5 Solar Energy Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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