Photovoltaic Market: A Breakdown of the Industry by Technology, Application, and Geography

 The global photovoltaic market size reached USD 87.51 Billion in 2021 and is expected to register a revenue CAGR of 24.7% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of photovoltaic systems in residential applications is the key factor driving market revenue growth.

The current market environment and the underlying development possibilities are thoroughly examined in the research. The research includes a well-organized database on Photovoltaic market dynamics that aids industry experts in estimating the pace of growth of the global market over the anticipated time frame. As a result, the report, released by Emergen Research, is a thorough compilation of the essential elements of the Photovoltaic market, including the major market segments, top competitors, their company profiles, pricing strategies, production capabilities, revenue generation plans, technological advancements, and many others. It also includes the key players' product offerings, the broad application range of these products, the major market segments, and many others.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Photovoltaic market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Trina Solar Co., Ltd., Canadian Solar Inc., JA Solar Holdings, Acciona, S.A, First Solar, Inc., Tata Power Solar Systems Limited, Suntech Power Holdings Co., Ltd., Sharp Corporation, JinkoSolar Holding Co., Ltd., Risen Energy Co., Ltd., SunPower Corporation, and SolarEdge Technologies Inc

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Emergen Research has segmented the global Photovoltaic market on the basis of type, application, end-use, and region:

  • Technology Outlook (Revenue, USD Billion; 2019-2030)

    • Thin Film
    • Multicrystalline Silicon
    • Monocrystalline Silicon

  • Installation Outlook (Revenue, USD Billion; 2019-2030)

    • Ground Mounted
    • Roof Mounted
    • Floating PV
    • Building-Integrated Photovoltaics (BIPV)
    • Others

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Industrial
    • Residential
    • Commercial
    • Utilities

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Photovoltaic Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Photovoltaic Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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