Friday, March 29, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Energy and Utilities Rising Demand of Solar Rooftop Installations Driving Demand of Global Photovoltaic Modules...

Rising Demand of Solar Rooftop Installations Driving Demand of Global Photovoltaic Modules Market: Ken Research

Photovoltaic modules refer to solar panels, which is a web that captures solar power to convert it into sustainable energy. A semiconductor material, commonly silicon, is the basis of each individual solar cell. It is light sensitive and generates electricity when struck by the rays of the sun thanks to a physical phenomenon called the photovoltaic effect.

The growth of the solar panels (photovoltaic module) market is being majorly driven by growing environmental pollution and due to government incentives and tax rebates offered to install solar panels. In addition to this, decrease in water footprint associated with solar energy systems has fuelled the demand in power generation sectors. The demand for photovoltaic modules has gained major growth due to rapid surge in the rooftop installations which is followed by rise in applications in the architectural sector.

According to the report analysis, ‘Global Photovoltaics Modules Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that Sharp, JA Solar, Yingli, Trina Solar, Canadian Solar, Kyocera Solar, Solar Frontier, SFCE, ReneSola, Hanwha Solar, REC Group, First Solar, SunPower, Jinko Solar, and many more are some of the major companies which are presently operating and dominating the photovoltaic modules market globally. The report covers a competitive landscape which helps in analysing the strategies and policies of government as well as corporates, in establishing the several research and development programs, also in improving the qualitative and quantitative measures of such, spreading the awareness connected to the applications and features, and increasing the applications and benefits of such and forming the effective strategies for the companies entering into the new market.

In addition, report also offers detailed information for each of the above stated firms namely company profile, products & services overview, sales data list, Sales Revenue, Sales Volume, Price, Cost, Gross Margin and many more. Besides, the report also covers a detailed analysis of Photovoltaic modules industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Photovoltaics Modules by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

Furthermore, the report also analyse the global market from 5 geographies namely Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa), South America (Brazil, Argentina, Columbia, Chile, Peru).

The market competition has increased significantly among the manufacturers due to growing development in the photovoltaic-based power distribution systems. Besides, the pricing of the photovoltaic modules varies significantly on the basis of regions such as Europe and Asia-Pacific as the market is largely currently demand oriented.

Therefore, in the near future analysts anticipate that the overall global photoelectric sensor market will increase at a positive compound annual growth rate (CAGR). Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.

For More Information, refer to below link:-

Global Photovoltaics Modules Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

RELATED ARTICLES

Driving Forces and Future Outlook of the US Dry Type Transformer Market

Buy Now What is the Size of US Dry Type Transformer Industry? US Dry Type Transformer Market is expected to grow at a CAGR of ~%...

How Hitachi’s new technology will dominate the US dry type transformers market

Buy Now One of the leading players in transformer industry is Hitachi, which has been coming up with various new technological innovations with dry type...

US Dry type transformers Market expected to grow with CAGR of ~2% by 2028

Buy Now Dry type transformers are the trending transformers, which are hyping in the market, as they do not require cooling since their windings are...

Most Popular

From Onboarding to Upskilling: Decode Growth Drivers in the Global Corporate Training Market

The corporate training market plays a pivotal role in empowering businesses to thrive in today's dynamic and competitive environment. By equipping employees with the...

Analyzing the Skin Whitening Market Size, Trends and Future Forecast 2032

The global skin whitening market is a complex and controversial landscape. While some regions see it as a path to achieving a coveted "fair"...

From Humble Beginnings to a $52 Billion Boom: Unveil Opportunities in India’s Booming Interior Design Market

India's interior designing market is witnessing a remarkable transformation, driven by various factors. This blog delves into the market size, growth projections, key trends,...

Smartphone Industry Insights: Navigating Growth, Trends, and Opportunities

The smartphone industry is a juggernaut, weaving itself into the fabric of our daily lives. From communication to commerce and entertainment, these pocket-sized powerhouses...