Since 2004, global investment in the solar power market has increased tenfold from $ 1.12 billion in 2016 to $ 113 billion, making solar power one of the fastest growing industries in the world. In 2016, solar energy consumption increased 29.6% from 256. in 2015, and China and India led the Solar Photovoltaic (PV) Market. China and India recorded more than 80% annual growth in consumption between 2005 and 2015.
Along with increasing energy demand, the sharp decline in solar technology costs is expected to drive the Solar Photovoltaic (PV) market to a CAGR of +16% during the forecast period of 2019-2026.
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Companies Profiled in this report includes:
Jolywood Solar Material Technology
Zhejiang Haflon New Energy
Toyo Aluminium K.K.
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Solar Photovoltaic (PV) Breakdown Data by Type
Solar Photovoltaic (PV) Breakdown Data by Application
The drop in price of solar PV modules is one of the main factors driving the global solar PV market. In 2014, solar module prices were 75% lower than in 2009. The decrease may be mainly due to material efficiency, production optimization and economies of scale. Solar PV modules can be installed on utility, commercial and home scales. Volatility in crude oil prices, environmental issues in hydropower, and the risk of nuclear accidents in nuclear power plants provide a good opportunity for solar energy to meet growing energy demands soon. This will have a positive impact on the growth of the global solar power market.
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Major Points Covered in Table of Contents:
1 Industry Overview
2 Manufacturing Cost Structure Analysis of Solar Photovoltaic (PV) Market
3 Technical Data and Manufacturing Plants Analysis
4 Production Analyses of Solar Photovoltaic (PV) Market by Regions, Technology, and Applications
5 Sales and Revenue Analysis of Solar Photovoltaic (PV) Market by Regions
6 Analyses of Solar Photovoltaic (PV) Market Production, Supply, Sales and Market Status 2019-2025
7 Analysis of Solar Photovoltaic (PV) Market industry Key Manufacturers
8 Price and Gross Mar Solar Photovoltaic (PV) Analysis
9 Marketing Traders or Distributor Analysis of Solar Photovoltaic (PV) Market
10 Development Trend of Solar Photovoltaic (PV) Market industries 2019-2025
11 Industry Chain Suppliers of Solar Photovoltaic (PV) Market with Contact Information
12 New Project Investment Feasibility Analysis of Solar Photovoltaic (PV) Market
13 Conclusion of the Solar Photovoltaic (PV) industry 2019 Market Research Report
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