Solar Energy Market projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% | Schlumberger Ltd, Sivalls, Inc, Van Air Systems, Croft Production Systems, Koch Industries, Pall Corporation, PEMCO
Posted on Dec 2 2019 11:44 AM
"The report on “Solar Energy Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims. "
The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.
Solar energy is the radiant energy emitted from the sun, which is harnessed by using various technologies such as solar heating, photovoltaic cells and others. It is an efficient form of unconventional energy and a convenient renewable solution toward growing greenhouse emissions and global warming.
Top Companies Covered in this Report:
Schlumberger Ltd, Sivalls, Inc, Van Air Systems, Croft Production Systems, Inc., Koch Industries, Inc., Pall Corporation, PEMCO, Burckhardt Compression AG, Gas Processing Equipment, ATB Riva Calzoni S.p.A.
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The growth of the solar energy market is driven by increase in environmental pollution and provision of government incentives & tax rebates to install solar panels. In addition, decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors. The demand for solar cells has gained major traction owing to surge in rooftop installations, followed by increase in applications in the architectural sector. Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.
This global solar energy market size is segmented based on technology, application, component, marketing channel and region. Depending on technology, the market is classified as photovoltaic systems and concentrated solar power systems (parabolic trough, solar power tower, Fresnel reflectors and dish stirling).
In-depth analysis of the Solar Energy market, which is segmented on the basis of products, end users and geographies are discussed in the report at a greater length
Quantitative analysis of the current market and estimations through 2013-2020, Thus helping Solar Energy systems manufacturers to analyze the market
Assessment and ranking of the factors affecting the global market and their impact on the Solar Energy market
Study on the bargaining power of buyers and suppliers in the market, based on porter's five force analysis. Thus helping Solar Energy systems manufacturers to analyze the market
Analysis of trends in various geographic segments that would help the companies to plan their strategies depending on the region
SWOT and competitive analysis of the key players, which would help stakeholders to understand trends followed by their competitors and take actionable decisions.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Solar Energy Market Size
2.2 Solar Energy Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Solar Energy Market Size by Manufacturers
3.2 Solar Energy Key Players Head office and Area Served
3.3 Key Players Solar Energy Product/Solution/Service
3.4 Date of Enter into Solar Energy Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Solar Energy Sales by Product
4.2 Global Solar Energy Revenue by Product
4.3 Solar Energy Price by Product
5 Breakdown Data by End User
5.2 Global Solar Energy Breakdown Data by End User
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