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시장 조사 자료 (Market Report)-영문판 > 에너지(Energy)
세계 태양광 발전 시스템 시장 통찰력, 기회 분석, 시장 점유율 및 예측(2016 -2022년)
Global Photovoltaic System Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022
발   행   사 : Occams Business Research & Consulting Pvt. Ltd. 저       자 :
체         제 : 140 pages 발  행  일 : 2017-01
ISBN/CODE : 수       량 :  
$3,900 -> 4,485,000원 PDF Version

The Global Photovoltaic System Market is expected to grow with impressive CAGR of 18.70% during 2016-2022. Key drivers of the market are rapidly increasing global energy consumption. Other drivers of the market are supportive government policies and initiatives, and growing demand in various fields. Increasing energy consumption globally is the major market driver. World’s energy consumption gets doubled in every fourteenth year. Any known sources for energy production are limited.  However, photovoltaic system generate electricity from solar energy. It is low maintenance system which gives energy for 20 years after installation. Government of various countries have already started implementing photovoltaic system such as USA government has taken initiative to develop solar PV plant named the Nellis Solar Plant located at Clark County, Nevada in December 2007, that plant is a 14 megawatt PV power station. This power station supplies 25% electricity of Nellis air force base. Plant has occupied 140 acres of land and generates approx. 32 gigawatt hour of electricity per annum. Moreover, California government develops Topaz Solar Farm with the help of U.S. Company First Solar.  It is one of the largest solar farm in the world. It is situated at San Luis Obispo Country, California and generates 1100 gigawatt hour energy per annum. Government initiatives for developing the photovoltaic system will drive the global photovoltaic system market. On the other hand, continuous rising diesel price in global market is also driving the photovoltaic system market.  

The market can be segmented into types of photovoltaic, applications of photovoltaic, and components of photovoltaic. In application segment residential sector dominates the market. Due to huge population of the world and high energy consumption propelling the demand of solar PV. China’s population is highest in the world and it consumes largest amount of electricity in the world. It shows the direct relation between population and energy consumption. According to World Bank, electric power consumption for per capita is approx. 3200 kWh annually in the world.

On the basis of geography, the global photovoltaic system market is divided into North America, South America, Asia pacific, Europe, and rest of the world. Asia pacific is dominating in the global photovoltaic system market due to Chinese and Japanese market giants. China has world’s biggest companies such as Trina Solar, JA solar, Jinko Solar, and Yingli Solar. Moreover, Japan has companies like Sharp and Kyocera. China also has world’s largest population and it consumed approx. 4921 terawatt hour electricity in 2015. India also have a potential to grow solar PV market. The Asian development bank invested $100 million in India for initial support and to empower solar power developers in private sector. The Asia Pacific countries are adopting the clean energy concept and installing photovoltaic system across the region. Japan is rapidly installing large scale solar panels on its all water bodies. Due to frequent earthquakes and tsunami, nuclear power plants are being damaged. In 2011, tragedy hampered on energy sector of Japan. After that, Japan is strengthening its approach towards generating electricity from renewable energy. Presently Japan has the largest floating photovoltaic system to produce energy in the world. The capacity of floating photovoltaic system is approximately 15,635 MW annually and total capacity in 2015 is 34410 MW. Government initiatives also strengthening the Asia pacific in the global photovoltaic system market. Major countries of the Asia pacific is adopting solar panel energy generation. Indian government is setting a plant in Rajasthan with the help of Adani Enterprises Ltd. It will be the largest solar plant. It will generate 10,000 MW of electricity. Moreover, the national development and reform commission of China has been targeting new production goals. Their minimum target is to reach 70GW by 2017. This step up in China can boost the demand of PV solar in China.

The global photovoltaic system market is also influenced by presence of some big players such as Trina Solar, United Solar Ovonic , Yingli Green, Sharp, First Solar, Canadian Solar, BP Solar, and Bosch Solar. All the companies are strengthening themselves for decreasing the cost of PV solar. Companies are trying to expand its business in other countries through merger, acquisition and joint venture with another company.

On February 02, 2015 Canadian Solar acquired Recurrent Energy for $265 million. Recurrent Energy is the leading solar developer. That acquisition enhanced the Canadian solar capacity of energy generation by 4 gigawatt and its revenue by $ 2.3 billion.  


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