Solar PV Balance Of Systems (BOS) Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 173 SKU: IRTNTR45240

Solar PV Balance Of Systems (BOS) Market 2024-2028

The Solar PV Balance Of Systems (BOS) Market size is forecasted to increase by USD 32.33 billion with a  growth at a CAGR of 19.22% between 2023 and 2028. The growth rate of the market depends on several factors such as increasing investments in renewable energy, supportive government policies and advances in thin-film solar PV modules.

The report includes a comprehensive outlook on the solar PV balance of systems (BOS) market offering forecasts for the industry segmented by Product, which comprises structural, electrical, and inverter. Additionally, it categorizes End-user into commercial, industrial, and residential and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

Solar PV Balance Of Systems (BOS) Market Forecasting

Solar PV Balance Of Systems (BOS) Market Forecast 2024-2028

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Solar PV Balance Of Systems (BOS) Market Dynamic

Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.   

Driver- Increasing investments in renewable energy

The global energy mix has changed drastically over the past two decades. Improvement in energy efficiency played a vital role in balancing energy supply and demand. The competitive cost of producing electricity and low carbon emissions from renewable sources led to an increase in investments in renewable energy across the world. For instance, during the last three years, the renewable power sector investment accounted for a high market share (over 40%) in total power sector investment. Therefore, robust investments in renewable energy will drive the growth of the solar PV balance of systems market. 

Additionally, several countries in Europe, such as Norway, Iceland, and Sweden, rely on renewable sources for more than half of their total annual power demand due to the implementation of stringent emission norms. The increased focus on renewable energy sources is increasing investments in the energy industry, which will drive the growth of the global solar PV balance of systems (BOS) market during the forecast period.

Trends - Advances in inverter technology

The solar energy industry has been focusing on achieving grid parity for the past few years. In many countries across the world and in a few states in the US, solar energy has already surpassed the grid parity. Despite reaching grid parity, the solar energy industry has been competing against itself to provide more advanced and efficient solar energy solutions. As inverters are essential components of solar PV BOS and have a significant impact on LCOE, it is believed that inverter innovation is key to driving advances in the solar industry. 

However, the leading solar inverter manufacturers such as SolarEdge Technologies, and SMA Solar Technology are offering advanced MLPE inverters. As the inverters' functionalities are growing, they are gradually shifting toward digitization. It means that more of the DC to AC conversion processes are happening electronically instead of mechanically. The advances in inverter technologies will positively impact the growth of the solar PV balance of systems (BOS) market. Such factors are expected to drive the market growth during the forecast period

Challenge - Intermittency in solar power generation

Due to the declining solar technology prices and incentives from the governments, the adoption of solar PV systems has been increasing significantly. This has increased the number of solar power installations over the years. However, the intermittent nature of solar power has been a significant challenge, hindering the adoption of solar PV systems. The output of a solar PV system is not continuous, and it depends on many factors, such as the degree of shade, panel efficiency, and solar irradiation that vary for the day and under overcast conditions. Further, regions above the Arctic Circle do not receive high-intensity sunlight, which makes solar PVs ineffective in such places. Solar PVs have an average efficiency of approximately 15%. Although solar PV technology is constantly evolving, the conversion rate cannot match fossil fuels.

Moreover, the intermittent nature of solar power remains a significant challenge for the growth of the solar power industry as it is inefficient as a standalone power system. This is expected to be a significant challenge to the growth of the solar PV industry, which, in turn, will adversely impact the development of the market during the forecast period.

Solar PV Balance Of Systems (BOS) Market Segmentation by Product, End-user, Region 

Product Segment Analysis: 

The structural segment is estimated to witness significant growth during the forecast period. Structural BOS components are used to assemble the PV system components. The structural BOS includes ground-mount trackers, fixed-tilt and rooftop mounting systems, fasteners, brackets, enclosures, racks, and other components that support the structure of the PV system. Structural BOS components are becoming a larger portion of the total cost of solar PV BOS. 

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The structural was the largest segment and was valued at USD 7.18 billion in 2018. However, there has been a significant decrease in the costs of structural BOS over the past few years. This significant decline in the costs of structural components will drive the growth of the structural BOS segment  Rooftop-mounting systems are expected to record significant sales. This is because of the high demand for solar PV systems in the commercial and residential sectors. However, ground-mounted systems will account for the larger share of the structural BOS components due to the high installed solar PV capacity in the utility sector. Structural BOS components are essential parts of solar PV systems. Therefore, the development of the structural BOS is aligned with the rising deployment of solar PV systems. Thus, the rise in the global solar PV capacity will drive the requirement for solar PV systems, which, in turn, will stimulate the deployment of structural BOS components during the forecast period. 

End-user Segment Analysis: 

Based on the end-user, the market has been segmented into commercial, industrial, and residential. The commercial?segment will account for the largest share of this segment.?In the commercial sector, solar PV balance of systems (BOS) serve various commercial applications and enable efficient and reliable solar power generation. Large-scale commercial solar PV installations require robust inverters and power conditioning units to convert DC power generated by solar panels into usable AC power compatible with commercial electric systems. The BOS components play an important role in ensuring the effective deployment, management, and performance optimization of commercial-scale solar PV systems. The advent of globalization and the ability to reach a wider customer base fuel the growth of the commercial sector. The rise in investments in infrastructure in both physical and digital aspects and the improved transportation and communication networks are playing a vital role in driving the growth of the commercial sector. Therefore, owing to such factors, the commercial segment is expected to grow, which in turn will propel the growth of the during the forecast period.

Regional Analysis

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APAC is estimated to contribute 61% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the solar PV balance of systems market growth analysis during the forecast period. The increasing greenhouse gas (GHG) emissions in India and China have resulted in the focus shift toward renewables, such as solar and wind, for power generation. Initiatives taken by many countries in the region to promote solar power generation and their pace of executing the programs indicate an increased focus on replacing fossil fuels with solar power. Moreover, vendors operating in the region have been significantly expanding their portfolio by adding more operational renewable energy capacity. Thus, the growing number of solar PV installations in countries such as India will propel the demand for solar PV BOS, which, in turn, will boost the growth of the market.

In addition, the governments of various countries in APAC are taking initiatives for the implementation of microgrid solutions to improve access to electricity in their countries. The tremendous growth in the solar power industry in APAC is boosting the growth of the solar PV BOS market in the region. Moreover, the targets set by governments for the installation of solar-based powered plants should boost the market growth during the forecast period in both the residential and commercial sectors in the region during the forecast period. 

Who are the Major Solar PV Balance Of Systems (BOS) 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 PV BOS such as fuse disconnectors E 90 PV, cyclindrical E 9F PV, miniature circuit-breakers S800 PV-S, and others.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including ABB Ltd., Array Technologies Inc., Bentek Corp., Eaton Corp. Plc, First Solar Inc., Golden Concord Holdings Ltd., Huawei Technologies Co. Ltd., Loom Solar Pvt. Ltd., Microtek International Pvt. Ltd., Moser Solar, Prysmian Spa, Renesola Ltd., S and P Global Inc., Schneider Electric SE, SolarEdge Technologies Inc., Sungrow Power Supply Co. Ltd., SunPower Corp., Unirac Inc., GeoTrust Inc., and SMA Solar Technology AG.

Technavio solar PV balance of systems (bos) market research report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The solar PV balance of systems (bos) market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook 
    • Structural
    • Electrical
    • Inverter
  •  End-user Outlook 
    • Commercial
    • Industrial
    • Residential 
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Solar PV Balance Of Systems (BOS) Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19.22%

Market Growth 2024-2028

USD 32.33 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

18.38

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 61%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Array Technologies Inc., Bentek Corp., Eaton Corp. Plc, First Solar Inc., Golden Concord Holdings Ltd., Huawei Technologies Co. Ltd., Loom Solar Pvt. Ltd., Microtek International Pvt. Ltd., Moser Solar, Prysmian Spa, Renesola Ltd., S and P Global Inc., Schneider Electric SE, SolarEdge Technologies Inc., Sungrow Power Supply Co. Ltd., SunPower Corp., Unirac Inc., GeoTrust Inc., and SMA Solar Technology AG

Market dynamics

Parent market analysis, 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 the forecast period. 

Customization purview

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What are the Key Data Covered in this Solar PV Balance Of Systems (BOS) Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the solar PV balance of systems (BOS) market between 2024 and 2028
  • Precise estimation of the solar PV balance of systems (BOS) market growth and trends and its contribution to the marketon the parent market
  • Accurate predictions about upcoming solar PV balance of systems (BOS) market trends and analysis and changes in consumer behavior
  • solar PV balance of systems (BOS) market growth and forecasting across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of solar PV balance of systems (BOS) market companies

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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 Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • 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 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global solar PV balance of systems (BOS) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global solar pv balance of systems (bos) market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Structural - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Structural - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Structural - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Structural - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Structural - Year-over-year growth 2023-2028 (%)
    • 6.4 Electrical - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Electrical - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Electrical - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Electrical - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Electrical - Year-over-year growth 2023-2028 (%)
    • 6.5 Inverter - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Inverter - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Inverter - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Inverter - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Inverter - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Commercial - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • 7.4 Industrial - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • 7.5 Residential - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Residential - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ billion)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: 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 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 119: ABB Ltd. - Overview
              • Exhibit 120: ABB Ltd. - Business segments
              • Exhibit 121: ABB Ltd. - Key news
              • Exhibit 122: ABB Ltd. - Key offerings
              • Exhibit 123: ABB Ltd. - Segment focus
            • 12.4 Array Technologies Inc.
              • Exhibit 124: Array Technologies Inc. - Overview
              • Exhibit 125: Array Technologies Inc. - Product / Service
              • Exhibit 126: Array Technologies Inc. - Key offerings
            • 12.5 Bentek Corp.
              • Exhibit 127: Bentek Corp. - Overview
              • Exhibit 128: Bentek Corp. - Product / Service
              • Exhibit 129: Bentek Corp. - Key offerings
            • 12.6 Eaton Corp. Plc
              • Exhibit 130: Eaton Corp. Plc - Overview
              • Exhibit 131: Eaton Corp. Plc - Business segments
              • Exhibit 132: Eaton Corp. Plc - Key news
              • Exhibit 133: Eaton Corp. Plc - Key offerings
              • Exhibit 134: Eaton Corp. Plc - Segment focus
            • 12.7 First Solar Inc.
              • Exhibit 135: First Solar Inc. - Overview
              • Exhibit 136: First Solar Inc. - Business segments
              • Exhibit 137: First Solar Inc. - Key offerings
              • Exhibit 138: First Solar Inc. - Segment focus
            • 12.8 Golden Concord Holdings Ltd.
              • Exhibit 139: Golden Concord Holdings Ltd. - Overview
              • Exhibit 140: Golden Concord Holdings Ltd. - Product / Service
              • Exhibit 141: Golden Concord Holdings Ltd. - Key offerings
            • 12.9 Huawei Technologies Co. Ltd.
              • Exhibit 142: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 143: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 144: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 145: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 146: Huawei Technologies Co. Ltd. - Segment focus
            • 12.10 Loom Solar Pvt. Ltd.
              • Exhibit 147: Loom Solar Pvt. Ltd. - Overview
              • Exhibit 148: Loom Solar Pvt. Ltd. - Product / Service
              • Exhibit 149: Loom Solar Pvt. Ltd. - Key offerings
            • 12.11 Microtek International Pvt. Ltd.
              • Exhibit 150: Microtek International Pvt. Ltd. - Overview
              • Exhibit 151: Microtek International Pvt. Ltd. - Product / Service
              • Exhibit 152: Microtek International Pvt. Ltd. - Key offerings
            • 12.12 Prysmian Spa
              • Exhibit 153: Prysmian Spa - Overview
              • Exhibit 154: Prysmian Spa - Business segments
              • Exhibit 155: Prysmian Spa - Key offerings
              • Exhibit 156: Prysmian Spa - Segment focus
            • 12.13 Renesola Ltd.
              • Exhibit 157: Renesola Ltd. - Overview
              • Exhibit 158: Renesola Ltd. - Product / Service
              • Exhibit 159: Renesola Ltd. - Key offerings
            • 12.14 S and P Global Inc.
              • Exhibit 160: S and P Global Inc. - Overview
              • Exhibit 161: S and P Global Inc. - Business segments
              • Exhibit 162: S and P Global Inc. - Key offerings
              • Exhibit 163: S and P Global Inc. - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 164: Schneider Electric SE - Overview
              • Exhibit 165: Schneider Electric SE - Business segments
              • Exhibit 166: Schneider Electric SE - Key news
              • Exhibit 167: Schneider Electric SE - Key offerings
              • Exhibit 168: Schneider Electric SE - Segment focus
            • 12.16 SMA Solar Technology AG
              • Exhibit 169: SMA Solar Technology AG - Overview
              • Exhibit 170: SMA Solar Technology AG - Product / Service
              • Exhibit 171: SMA Solar Technology AG - Key offerings
            • 12.17 SolarEdge Technologies Inc.
              • Exhibit 172: SolarEdge Technologies Inc. - Overview
              • Exhibit 173: SolarEdge Technologies Inc. - Product / Service
              • Exhibit 174: SolarEdge Technologies Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              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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              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis