Global Airport Solar Power Market segmented by end use (Ground-mounted airport solar power system, roof-mounted airport solar power system, remote airport solar power system, and others) and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to grow at a CAGR of 8% during the forecast period.
Numerous implementation in airport and availability of large areas of unused land within airports are factors fuelling the market growth. However, Solar cells absorb most photons but produce low voltage, while, a cell with a bigger energy gap generating higher energy absorbs lower-energy photons is hampering the market growth. Obtaining suitable ratio of voltage and energy gap is one of the key trends that will gain growth in the market during forecast.
Ground mounted solar airport systems segment dominated the global market.
Ground mounted solar airport systems is expected to maintain its dominance over the forecast period due to effective use of huge acres of unused land at airports for connecting PV systems and availability of large areas of unused land within airports.
North America is anticipated to dominate the global market during the forecast period
Growing implementation of renewable energy sources and rising investments in solar power technology. Governments in North America invest huge funds in airport solar PV plant and these investments have only been increasing. Tax incentives coupled with funds by the government have boosted up the installations of airport.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Solar Frontier, EMMVEE Solar Systems, TECO Energy, SunEdison, Indo Solar, Vikram Solar, Canadian Solar, Ameresco, Robert Bosch, Gaia Solar, Solar Energy Corporation of India, Navitas Solar, General Energy Solutions and SunPower Corp. are key players of global airport solar power market.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the global airport solar power market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global airport solar power market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global airport solar power market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Airport Solar Power Market”.
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