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Monday 11 February 2019

Solar PV Module Market Analysis by Type and Application to 2025


February 12, 2019:   Global solarPV module market is segmented on the basis of technology, product, connectivity, mounting, application and geography. A single solar cell is incapable of sending desired output. To augment the output power level of a PV system, it is thus required to connect number of such PV solar cells. A solar module is normally a series connected to a sufficient number of solar cells to provide required standard output voltage and power.

In fact, a single solar PV cell generates a tiny amount of watt around 0.1 watt to 2 watts. But it is impractical to use such low power unit as building block of a system. So, the required number of such cells are integrated together to practically form a commercially available solar unit commonly known as a solar module or PV module.


In a solar module, the solar cells are linked in the same manner as the battery cell units in a battery bank system. Photovoltaic (PV) systems are used to convert sunlight into electricity which are safe, reliable and incur less operating costs and are easy to install. Presently, there are significant challenges faced by the rapidly growing PV market.

The enormous potential of solar PV and its various beneficial attributes is majorly driving the market for the same. Thus, PV is playing a vital role in the power/energy system. The PV market is likely to continue to register growth in the Asia Pacific region primarily in China and Japan. PV systems are helping in delivering clean, safe, affordable and decentralized electricity to people. On the basis of technology, the solar PV module market is segmented into thin film, crystalline silicon, polysilicon, monocrystalline silicon and so on.

The U.S. market of solar PV module share is set to expand over 6% in the coming years. Rising investment towards development of energy optimization coupled with strict regulatory norms against GHG emissions will augment industry growth. Ongoing deployment of micro grid with growing focus towards adoption of sustainable energy will stimulate the business growth.


Market Segment:

The major manufacturers covered in this report
• Canadian Solar
• First Solar
• Jinko Solar
• Sharp
• Suntech Power Holdings
• Trina Solar
• Yingli Solar

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, market share and growth opportunity in these key regions, covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India

We can also provide the customized separate regional or country-level reports, for the following regions:
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Rest of Asia-Pacific

For More Details Visit @ million insights




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