Solar Photovoltaic (PV) Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Vietnam, Germany - Size and Forecast 2023-2027

Published: Oct 2023

Pages: 159

SKU: IRTNTR75509

Snapshot

Solar Photovoltaic Market Size 2023-2027

The solar photovoltaic market size is forecast to increase by USD 47.16 billion and is estimated to grow at a CAGR of 8.42% between 2022 and 2027. The market outlook report encompasses historical market data spanning from 2017 to 2021. This period witnessed a surge in demand driven by the escalating emphasis on decarbonization among vendors, breakthroughs in thin-film solar photovoltaic cells, and the expansion of grid electrification initiatives. However, the market faces challenges including competition from alternative energy sources, the intermittent nature of the systems, and the substantial initial investment and maintenance costs associated with them. Despite these hurdles, the market's trajectory remains promising as advancements continue to enhance the efficiency and affordability of solar technology. With a growing global focus on sustainability and renewable energy, these systems are poised to play a pivotal role in shaping the future energy landscape, driving further innovation and adoption worldwide.

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Solar Photovoltaic Market Trends

The primary trend driving the global solar PV market growth is the increasing focus on decarbonization by vendors. This focus has led to the launch of new projects and investments in solar photovoltaics. For example, Canadian Solar's solar power projects in Japan and First Solar's investment in scaling the production of photovoltaic solar modules are contributing to the decarbonization efforts and the fight against climate change. These initiatives are expected to fuel the market's growth during the forecast period.

Market Segments

Market Overview :

The market segmentation by End-user as commercial, residential, and utility.
The Deployment segments include ground-mounted and rooftop.
The Commercial is fastest growing segment during the forecast year
The Commercial segment was the largest segment and was valued at USD 38.34 billion in 2017
The Regional Analysis consists of APAC, Europe, North America, Middle East and Africa, and South America
APAC is is most dominating region during the forecast period
It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behavior), and challenges (barriers or obstacles faced by the industry)

End-User Analysis

The market share growth by the commercial segment will be significant during the forecast period. Solar photovoltaic systems, which include photovoltaic cells in the commercial sector, are mainly used in non-residential buildings where there is a constant requirement for power.

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In this segment, a large amount of power is consumed daily by consumers to meet power needs. Most power needs in the commercial sector are derived from fossil fuel sources. Besides, for backup, diesel generators are used as a source of generating electricity. To reduce the threat of climate change, in some countries such as China, a carbon tax has been imposed on commercial buildings, which increases the electricity cost. Therefore, to stay economically competitive and environmentally responsible, alternative sources of power, such as solar energy, are being considered. Thus, increasing adoption of solar power in commercial buildings will drive the demand and, in turn, drive the market in focus during the forecast

Market Regional Analysis

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APAC is estimated to contribute 42% to the market growth during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The global solar photovoltaic market in APAC will grow significantly during the forecast period. In 2022, the major leading countries in the region were China, Japan, India, Australia, and South Korea. China accounted for a significant market share in the regional market. The market in China and India is expected to grow significantly due to the increasing number of residential installations in these countries. The increasing electrification of rural areas, growing off-grid installations, and the declining cost of the systems are anticipated to drive the growth of the market during the forecast period.

Market Dynamics and Customer Landscape

The market is rapidly evolving, driven by diverse schemes and increasing solar installations. Residential applications are on the rise, fueled by the declining cost of PV systems and innovations in novel technologies and materials, including perovskite. The unique crystal structure of perovskite enhances its potential alongside silicon-based technologies, such as metal halide perovskite solar cells. Improvements in optical absorption coefficient and solar panel efficiency bolster overall performance. Large-scale projects like solar farms are emblematic of the shift towards sustainable power technologies meeting surging electricity demand and expanding power generation capacity. International engagement is key, with focus on meeting capacity quota targets and addressing climate-related disruptions. Technological advancements, supported by artificial intelligence and smart technologies, drive optimization in production processes and energy storage solutions. Governments incentivize adoption through financial incentives and rebates, ensuring a bright future for the market.

Key Market Driver

Increasing government support for solar power technology is the key driver of global market growth. Governments worldwide offer tax benefits, subsidies, and incentives to promote solar energy implementation and reduce greenhouse gas emissions. Countries like China, the US, India, and Australia are gradually adopting solar power to achieve carbon emission targets and reduce reliance on fossil fuels. For instance, the Indian government's production-linked incentive (PLI) for solar modules will strengthen domestic manufacturing and reduce import dependence. This support encourages research and development for more cost-effective and reliable solar technology, leading to market growth during the forecast period.

Major Market Challenge

Competition from alternative energy sources poses a significant challenge to the global market share. Solar energy faces tough competition from fossil fuels, natural gas, wind, and hydropower. Countries like Saudi Arabia prioritize fossil fuels due to their abundant availability for electricity generation. The high cost and intermittent nature of renewables also hinder solar energy adoption. Declining natural gas costs favor its increased use for power generation, competing with solar technology like solar photovoltaic.

Furthermore, within the renewables segment, solar energy faces competition from wind and hydropower. Wind energy's advantage lies in its continuous power generation throughout the day, unlike solar energy, which relies on daylight. Hydropower is widely favored for its low maintenance costs, long lifecycle, and independence from weather conditions. As a result, the growing reliance on these alternative sources hinders the growth of the solar industry and impacts the global market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Major Solar Photovoltaic Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd.: The company offers solar photovoltaic products and services such as residential photovoltaic systems.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

End-User Outlook
- Commercial
- Residential
- Utility
Deployment Outlook
- Ground-mounted
- Rooftop
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing a surge in installations globally, driven by various schemes promoting renewable energy adoption. Residential applications are booming, spurred by declining costs of PV systems and advancements in perovskite technology, known for its unique crystal structure. Metal halide perovskite solar cells are enhancing optical absorption coefficient, carrier mobility, and carrier lifetime, while reducing mid-gap state density, thus boosting power conversion efficiency. Deposition processes and defect passivation techniques are improving cost-effectiveness. Tandem solar cells, bifacial solar panels, and transparent solar cells are reshaping PV modules, aided by advanced manufacturing techniques and Artificial Intelligence (AI)-driven data analytics. Safety issues, skills and expertise, and land acquisition remain challenges, yet investments are soaring, driven by legalities and conservationists' support. Utility applications are expanding, necessitating land with minimal habitat loss, thus floating PVs and solar farms are gaining traction, ensuring sustainable power technologies meet escalating electricity demand. International engagement and capacity quota targets are pivotal in driving carbon emissions down while optimizing power production and installation costs. With innovations in solar panel efficiency and production processes, coupled with energy storage solutions and smart technologies, the market is poised for exponential growth, capitalizing on financial incentives and renewable energy targets.

Moreover, the market is experiencing exponential growth driven by escalating solar installations worldwide. Solar PV systems are at the forefront, with decreasing costs making them increasingly accessible. Silicon, a key component, undergoes passivation of defects to enhance performance. Artificial Intelligence (AI) is revolutionizing the industry, aiding in technological standardization and optimizing costs and economic viability. However, challenges persist, such as the lack of skilled workforce and land requirements, mitigating land degradation is crucial. The market's potential is evident in its expanding power generation capacity and continuous advancements in photovoltaic cell technology, leveraging electrons, silicon atoms, and photons. Government incentives like tax exemptions, tariffs, and financial support drive investment in clean energy sources despite fluctuations in solar energy prices. Focus on resource availability and industry potential fuels solar installation targets and deployment rates, optimizing energy production measured in TWh while addressing climate-related disruptions. Innovations in energy storage, novel materials, and recycling ensure sustainability, complemented by incentives like rebates, feed-in tariffs, and tax credits alongside net metering and NSM initiatives. Enhanced efficiency through organic materials and infrared technology caters to consumer consciousness and diverse designs, bolstering the solar PV market's growth in various grid types.

Solar Photovoltaic Market Scope
Report Coverage	Details
Page number	159
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 8.42%
Market growth 2023-2027	USD 47.16 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	7.81
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 42%
Key countries	US, China, Japan, Vietnam, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	ABB Ltd., All Earth Renewables, Canadian Solar Inc., Eaton Corp. Plc, EMMVEE SOLAR, First Solar Inc., Hanwha Corp., JA Solar Technology Co. Ltd., Longi green energy technology Co. Ltd, Mitsubishi Electric Corp., Sharp Corp., SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., Tongwei Co. Ltd., Trina Solar Co. Ltd., Waaree Energies Ltd., Wuxi Suntech Power Co. Ltd., Yingli Green Energy Holding Co. Ltd., Zhejiang CHINT Electrics Co. Ltd., and JinkoSolar Holding Co. Ltd.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our Market forecast report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global solar photovoltaic cell market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global solar photovoltaic cell market 2017 - 2021 ($ billion)

4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

4.3 Deployment Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 Commercial - Market size and forecast 2022-2027
- Exhibit 34: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

6.4 Residential - Market size and forecast 2022-2027
- Exhibit 38: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Residential - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Residential - Year-over-year growth 2022-2027 (%)

6.5 Utility - Market size and forecast 2022-2027
- Exhibit 42: Chart on Utility - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Utility - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Utility - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Utility - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by End-user
- Exhibit 46: Market opportunity by End-user ($ billion)
- Exhibit 47: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Deployment

7.1 Market segments
- Exhibit 48: Chart on Deployment - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Deployment - Market share 2022-2027 (%)

7.2 Comparison by Deployment
- Exhibit 50: Chart on Comparison by Deployment
- Exhibit 51: Data Table on Comparison by Deployment

7.3 Ground-mounted - Market size and forecast 2022-2027
- Exhibit 52: Chart on Ground-mounted - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Ground-mounted - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Ground-mounted - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Ground-mounted - Year-over-year growth 2022-2027 (%)

7.4 Rooftop - Market size and forecast 2022-2027
- Exhibit 56: Chart on Rooftop - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Rooftop - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Rooftop - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Rooftop - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Deployment
- Exhibit 60: Market opportunity by Deployment ($ billion)
- Exhibit 61: Data Table on Market opportunity by Deployment ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027
- Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.12 Vietnam - Market size and forecast 2022-2027
- Exhibit 103: Chart on Vietnam - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on Vietnam - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on Vietnam - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Vietnam - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 ABB Ltd.
- Exhibit 115: ABB Ltd. - Overview
- Exhibit 116: ABB Ltd. - Business segments
- Exhibit 117: ABB Ltd. - Key news
- Exhibit 118: ABB Ltd. - Key offerings
- Exhibit 119: ABB Ltd. - Segment focus

12.4 Canadian Solar Inc.
- Exhibit 120: Canadian Solar Inc. - Overview
- Exhibit 121: Canadian Solar Inc. - Business segments
- Exhibit 122: Canadian Solar Inc. - Key news
- Exhibit 123: Canadian Solar Inc. - Key offerings
- Exhibit 124: Canadian Solar Inc. - Segment focus

12.5 Eaton Corp. Plc
- Exhibit 125: Eaton Corp. Plc - Overview
- Exhibit 126: Eaton Corp. Plc - Business segments
- Exhibit 127: Eaton Corp. Plc - Key news
- Exhibit 128: Eaton Corp. Plc - Key offerings
- Exhibit 129: Eaton Corp. Plc - Segment focus

12.6 First Solar Inc.
- Exhibit 130: First Solar Inc. - Overview
- Exhibit 131: First Solar Inc. - Business segments
- Exhibit 132: First Solar Inc. - Key offerings
- Exhibit 133: First Solar Inc. - Segment focus

12.7 Hanwha Corp.
- Exhibit 134: Hanwha Corp. - Overview
- Exhibit 135: Hanwha Corp. - Product / Service
- Exhibit 136: Hanwha Corp. - Key news
- Exhibit 137: Hanwha Corp. - Key offerings

12.8 JA Solar Technology Co. Ltd.
- Exhibit 138: JA Solar Technology Co. Ltd. - Overview
- Exhibit 139: JA Solar Technology Co. Ltd. - Product / Service
- Exhibit 140: JA Solar Technology Co. Ltd. - Key offerings

12.9 JinkoSolar Holding Co. Ltd.
- Exhibit 141: JinkoSolar Holding Co. Ltd. - Overview
- Exhibit 142: JinkoSolar Holding Co. Ltd. - Product / Service
- Exhibit 143: JinkoSolar Holding Co. Ltd. - Key offerings

12.10 Longi green energy technology Co. Ltd
- Exhibit 144: Longi green energy technology Co. Ltd - Overview
- Exhibit 145: Longi green energy technology Co. Ltd - Product / Service
- Exhibit 146: Longi green energy technology Co. Ltd - Key offerings

12.11 Mitsubishi Electric Corp.
- Exhibit 147: Mitsubishi Electric Corp. - Overview
- Exhibit 148: Mitsubishi Electric Corp. - Business segments
- Exhibit 149: Mitsubishi Electric Corp. - Key news
- Exhibit 150: Mitsubishi Electric Corp. - Key offerings
- Exhibit 151: Mitsubishi Electric Corp. - Segment focus

12.12 Sharp Corp.
- Exhibit 152: Sharp Corp. - Overview
- Exhibit 153: Sharp Corp. - Business segments
- Exhibit 154: Sharp Corp. - Key news
- Exhibit 155: Sharp Corp. - Key offerings
- Exhibit 156: Sharp Corp. - Segment focus

12.13 SMA Solar Technology AG
- Exhibit 157: SMA Solar Technology AG - Overview
- Exhibit 158: SMA Solar Technology AG - Product / Service
- Exhibit 159: SMA Solar Technology AG - Key offerings

12.14 Trina Solar Co. Ltd.
- Exhibit 160: Trina Solar Co. Ltd. - Overview
- Exhibit 161: Trina Solar Co. Ltd. - Business segments
- Exhibit 162: Trina Solar Co. Ltd. - Key offerings
- Exhibit 163: Trina Solar Co. Ltd. - Segment focus

12.15 Waaree Energies Ltd.
- Exhibit 164: Waaree Energies Ltd. - Overview
- Exhibit 165: Waaree Energies Ltd. - Business segments
- Exhibit 166: Waaree Energies Ltd. - Key offerings
- Exhibit 167: Waaree Energies Ltd. - Segment focus

12.16 Wuxi Suntech Power Co. Ltd.
- Exhibit 168: Wuxi Suntech Power Co. Ltd. - Overview
- Exhibit 169: Wuxi Suntech Power Co. Ltd. - Product / Service
- Exhibit 170: Wuxi Suntech Power Co. Ltd. - Key offerings

12.17 Zhejiang CHINT Electrics Co. Ltd.
- Exhibit 171: Zhejiang CHINT Electrics Co. Ltd. - Overview
- Exhibit 172: Zhejiang CHINT Electrics Co. Ltd. - Product / Service
- Exhibit 173: Zhejiang CHINT Electrics Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources

13.5 List of abbreviations
- Exhibit 180: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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