Heatbud logo
TOP CHARTS
BROWSE ZONES
CONTEST
SEARCH
HELP CENTER
LOGIN / SIGNUP
MY ZONES
Login to favorite zones.
TOP ZONES+
  • Research Reports
       
  • Business
       
  • Market ResearchNest
       
  • MarketResearch
       
  • Trendy Women Tops That Will Help You To Improve
       
  • eMarketOrg.com
       
  • Health
       
  • AlgoroReports
       
  • Politics
       
  • College
       
  • My Zone
       
  • Beauty and Fashion
       
  • Market Research Report
       
  • Market Research Reports
       
  • chemical
       
  • Research Trades Business Report
       
  • Beauty & Fashion
       
  • Yada Yada Yada
       
  • Provue
       
  • Poems About It All
       
Heatbud Blog Post Contest... Win $50 every month! (for US residents only)
You are in the zone
Education Visit zone home page
Create a Post in this zone  .  Create a new zone
Global Solar PV Market To Register Strong Growth
14 VIEWS   +   0 UP VOTES Vote Up   -   0 DOWN VOTES Vote Down   +   0 COMMENTS Comments   =   14 HEAT INDEX What is Heat Index?
share elsewhere

As per the findings of a study conducted by Hexa Research, the total worldwide Solar PV (photovoltaic) installed capacity for 2020 will be more than 480GW. Key factors contributing to growth are higher global emphasis on clean energy production coupled with governmental support in the form of beneficial policies for development of Solar PV market. Sunbelt countries will particularly gain from regulations like Feed in Tariff which is a preferential rate program.

Hexa Research foresees falling prices of energy generated using Solar PV in future, chiefly due to huge increase in capacity, especially in China. The global Solar PV market demands that companies employ innovation and differentiation strategies as a way to grow. Alliances and partnerships are crucial for gaining competitive edge.

Browse Details of Report @ -http://www.hexaresearch.com/research-report/solar-pv-industry/

Non-residential applications of Solar PV are likely to grow at a CAGR higher than 19% from 2013 to 2020 owing to substitution of conventional energy forms by solar energy in Sunbelt regions. Hexa Research observed that Utility Solar PV, with more than 44% share in the total installed capacity, was the biggest end use segment in the global Solar PV market in 2012. The study forecasts that this segment will experience fastest growth in coming years.

Countries like Germany, France, and Spain, among others led to Europe hosting the largest capacity of Solar PV i.e. more than 68GW, in 2012. However, in future, most demand will be generated from rapidly developing Asia Pacific markets like China, India, Taiwan, etc. China, with factors like low raw material costs and supportive regulations will experience exponential growth at CAGR of more than 34.5% from 2013 to 2020. Lower than expected development of Solar PV in high-potential nations like Brazil and Chile in Latin America and Saudi Arabia in the Middle East may hinder market growth.

Key operators in the global Solar PV industry are Yingli Green Energy from China and First Solar from US. Other notable participants are Trina Solar, Sharp, REC, etc.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/energy-and-power-industry

About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com

Read Our Latest Blogs: hexaresearch1.blogspot.com

Comments:
1 blogger(s) are following this post, but not you. Follow?
No comments yet.
 
Post a Comment:

 
Related Posts: