Photovoltaic Market size was valued at US$ 89.50 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.1% through 2023 to 2029, reaching nearly US$ 154.39 Bn.Photovoltaic Market Overview:
The global Photovoltaic market was valued at US $ 89.50 Bn. in 2022, and it is expected to reach US $154.39 Bn. by 2029 with a CAGR of 8.1% during the forecast period. Photovoltaic (PV) is the technology or a process of converting light (Sunlight) into electricity by using certain types of material such as semiconductors. These semiconducting materials exhibit the photovoltaic effect.To know about the Research Methodology :- Request Free Sample Report
Photovoltaic Market Dynamics:
The global photovoltaic market has been seeing ample growth from past decade. The growth of photovoltaic is primarily driven by its high adoption in applications such as solar farms, rooftop and building integrated systems, power stations, rural electrification and many others. Increasing supportive government initiatives and policies, rising demand for PV systems for various commercial and residential applications, declining cost of energy storage devices and PV systems, growing projects related with renewable energy sources, continuous technological advancements in solar cell manufacturing and constantly increasing number of PV installations across the globe are expected to enhance the growth of the market during the forecast period 2023-2029. However, lack of technically skilled personnel for PV installation and maintenance and additional cost associated with installation of PV systems are the major restraining factors that could hamper the growth of the market.Photovoltaic Market Segment Analysis:
The Global Photovoltaic Market is segmented by Type, Material, Installation Type, and Application. Based on the Type, the market is segmented into Modules, Inverters, and Balance of System (BOS). Inverters segment is expected to hold the largest market share of xx% by 2029. A rising adoption of PV inverters in utilities and residential application is accredited to the growth of the market. PV inverters are used to convert the variable DC power of a PV solar panel into AC power and are widely used in commercial electrical grid and for domestic use. PV inverters provide some benefits such as independent operation of each panel, improved fire safety and installation and low cost are making them more demandable in photovoltaic market. These are the factors that drives the growth of the Inverters segment in the global market during the forecast period. Based on the Material, the market is segmented into Silicon, and Compounds. Silicon material segment is expected to grow rapidly at a CAGR of xx% during the forecast period. Silicon is widely used in solar cells and it is the most common semiconductor material. Silicon is present in great quantity on the earth (after oxygen) and also it is used in the computer chips. Moreover, an increasing demand for silicon material for the photovoltaic system is the major factor driving the market growth. These are the key benefits of silicon material that drives the growth of the global market during the forecast period.Based on the Installation Type, the market is segmented into Ground Mounted, Building-Integrated Photovoltaic (BIPV), and Floating PV. Floating PV segment is expected to grow rapidly at a CAGR of xx% during the forecast period. Floating PV installation type offers plenty of benefits such as this installation type requires low civil works, it reduces grid interconnection costs, minimizes shading, and others. These are the key benefits that drives the growth of the floating PV segment in the global market during the forecast period.
Based on the Application, the market is segmented into Residential, Commercial & Industrial, and Utilities. Residential application segment is expected to grow rapidly at a CAGR of xx% during the forecast period. A rising installation of PV systems on home or building rooftop to fulfil the needs of home electricity is attributed to the market growth. In addition, growing incorporation of building-integrated photovoltaic (BIPV) on the walls or roof of new industrial and domestic buildings as an ancillary or principal source of electrical power is expected to drives the growth of the global market in the forecast period.
Photovoltaic Market Regional Insights:
Asia Pacific dominates the Global Market during the forecast period 2022-2029. Asia Pacific is expected to hold the largest market shares of xx% by 2029. The countries such as China, Japan, India, Vietnam, Australia, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the massive presence of various leading market players such as LONGi (China), JinkoSolar (China), Trina Solar (China) and JA Solar (China) across the region. A surge in the adoption of PV modules, presence of largest consumer and producer of PV components and PV modules, rising initiatives and investments by the government to save energy and to promote solar energy and growing installed photovoltaic capacity across the Asia Pacific region are driving the growth of the market in the region. According to MMR study, in 2019, China, India, South Korea, Japan and Australia are among top ten countries in the world in terms of cumulative solar PV capacity. China with 204,700 MW solar PV capacities, Japan with 63,000 MW, India with 42,800 MW, and Australia with 14,600 MW and South Korea with 11,200 MW of solar PV capacity are dominating the market in 2019. Thus, increasing installations of PV modules and rising solar PV capacity are further likely to expand market growth during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global Photovoltaic Market dynamic, structure by analyzing the market segments and project the Global Photovoltaic Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Photovoltaic Market make the report investor’s guide.Photovoltaic Market Scope: Inquire before buying
Photovoltaic Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 89.50 Bn. Forecast Period 2023 to 2029 CAGR: 8.1% Market Size in 2029: US $ 154.39 Bn. Segments Covered: by Type Modules Inverters Balance of System (BOS) by Material Silicon Compounds by Installation Type Ground Mounted Building-Integrated Photovoltaic (BIPV) Floating PV by Application Residential Commercial & Industrial Utilities Photovoltaic Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Photovoltaic Market Key Players are:
1. Kyocera Corporation 2. Panasonic Corporation 3. Kaneka Corporation 4. JA solar Co. Ltd 5. Sharp Corporation 6. Jinko Solar 7. Trina Solar 8. Suntech Power Holdings Co. Ltd 9. Canadian Solar 10.Mitsubishi Electric Corporation 11.ReneSola Co. Ltd 12.Yingli Green 13.LONGi 14.Hanwha Q CELLS Co., Ltd 15.GCL System Integration 16.Risen Energy Co. Ltd 17.Shunfeng International Clean Energy Limited 18.Suntech Power Co.Frequently Asked Questions:
1] What segments are covered in Photovoltaic Market report? Ans. The segments covered in Photovoltaic Market report are based on Type, Material, Installation Type, and Application. 2] Which region is expected to hold the highest share in the Global Photovoltaic Market? Ans. Asia Pacific is expected to hold the highest share in the Global Photovoltaic Market. 3] Who are the top key players in the Global Photovoltaic Market? Ans. Kyocera Corporation, Panasonic Corporation, Kaneka Corporation, JA solar Co. Ltd, and Sharp Corporation are the top key players in the Global Photovoltaic Market. 4] Which segment holds the largest market share in the Global Photovoltaic market by 2029? Ans. Inverters segment hold the largest market share in the Global Photovoltaic market by 2029. 5] What is the market size of the Global Photovoltaic market by 2029? Ans. The market size of the Global Photovoltaic market is US $154.39 Bn. by 2029. 6] What was the market size of the Global Photovoltaic market in 2022? Ans. The market size of the Global Photovoltaic market was worth US $89.50 Bn. in 2022.
Global Photovoltaic Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Photovoltaic Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Photovoltaic Market Analysis and Forecast 6.1. Photovoltaic Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Photovoltaic Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Photovoltaic Market Value Share Analysis, By Type 7.4. Photovoltaic Market Size (US$ Bn) Forecast, By Type 7.5. Photovoltaic Market Analysis, By Type 7.6. Photovoltaic Market Attractiveness Analysis, By Type 8. Global Photovoltaic Market Analysis and Forecast, By Material 8.1. Introduction and Definition 8.2. Key Findings 8.3. Photovoltaic Market Value Share Analysis, By Material 8.4. Photovoltaic Market Size (US$ Bn) Forecast, By Material 8.5. Photovoltaic Market Analysis, By Material 8.6. Photovoltaic Market Attractiveness Analysis, By Material 9. Global Photovoltaic Market Analysis and Forecast, By Installation Type 9.1. Introduction and Definition 9.2. Key Findings 9.3. Photovoltaic Market Value Share Analysis, By Installation Type 9.4. Photovoltaic Market Size (US$ Bn) Forecast, By Installation Type 9.5. Photovoltaic Market Analysis, By Installation Type 9.6. Photovoltaic Market Attractiveness Analysis, By Installation Type 10. Global Photovoltaic Market Analysis and Forecast, By Application 10.1. Introduction and Definition 10.2. Key Findings 10.3. Photovoltaic Market Value Share Analysis, By Application 10.4. Photovoltaic Market Size (US$ Bn) Forecast, By Application 10.5. Photovoltaic Market Analysis, By Application 10.6. Photovoltaic Market Attractiveness Analysis, By Application 11. Global Photovoltaic Market Analysis, by Region 11.1. Photovoltaic Market Value Share Analysis, by Region 11.2. Photovoltaic Market Size (US$ Bn) Forecast, by Region 11.3. Photovoltaic Market Attractiveness Analysis, by Region 12. North America Photovoltaic Market Analysis 12.1. Key Findings 12.2. North America Photovoltaic Market Overview 12.3. North America Photovoltaic Market Value Share Analysis, By Type 12.4. North America Photovoltaic Market Forecast, By Type 12.4.1. Modules 12.4.2. Inverters 12.4.3. Balance of System (BOS) 12.5. North America Photovoltaic Market Value Share Analysis, By Material 12.6. North America Photovoltaic Market Forecast, By Material 12.6.1. Silicon 12.6.2. Compounds 12.7. North America Photovoltaic Market Value Share Analysis, By Installation Type 12.8. North America Photovoltaic Market Forecast, By Installation Type 12.8.1. Ground Mounted 12.8.2. Building-Integrated Photovoltaic (BIPV) 12.8.3. Floating PV 12.9. North America Photovoltaic Market Value Share Analysis, By Application 12.10. North America Photovoltaic Market Forecast, By Application 12.10.1. Residential 12.10.2. Commercial & Industrial 12.10.3. Utilities 12.11. North America Photovoltaic Market Value Share Analysis, by Country 12.12. North America Photovoltaic Market Forecast, by Country 12.12.1. U.S. 12.12.2. Canada 12.13. North America Photovoltaic Market Analysis, by Country 12.14. U.S. Photovoltaic Market Forecast, By Type 12.14.1. Modules 12.14.2. Inverters 12.14.3. Balance of System (BOS) 12.15. U.S. Photovoltaic Market Forecast, By Material 12.15.1. Silicon 12.15.2. Compounds 12.16. U.S. Photovoltaic Market Forecast, By Installation Type 12.16.1. Ground Mounted 12.16.2. Building-Integrated Photovoltaic (BIPV) 12.16.3. Floating PV 12.17. U.S. Photovoltaic Market Forecast, By Application 12.17.1. Residential 12.17.2. Commercial & Industrial 12.17.3. Utilities 12.18. Canada Photovoltaic Market Forecast, By Type 12.18.1. Modules 12.18.2. Inverters 12.18.3. Balance of System (BOS) 12.19. Canada Photovoltaic Market Forecast, By Material 12.19.1. Silicon 12.19.2. Compounds 12.20. Canada Photovoltaic Market Forecast, By Installation Type 12.20.1. Ground Mounted 12.20.2. Building-Integrated Photovoltaic (BIPV) 12.20.3. Floating PV 12.21. Canada Photovoltaic Market Forecast, By Application 12.21.1. Residential 12.21.2. Commercial & Industrial 12.21.3. Utilities 12.22. North America Photovoltaic Market Attractiveness Analysis 12.22.1. By Type 12.22.2. By Material 12.22.3. By Installation Type 12.22.4. By Application 12.23. PEST Analysis 12.24. Key Trends 12.25. Key Developments 13. Europe Photovoltaic Market Analysis 13.1. Key Findings 13.2. Europe Photovoltaic Market Overview 13.3. Europe Photovoltaic Market Value Share Analysis, By Type 13.4. Europe Photovoltaic Market Forecast, By Type 13.4.1. Modules 13.4.2. Inverters 13.4.3. Balance of System (BOS) 13.5. Europe Photovoltaic Market Value Share Analysis, By Material 13.6. Europe Photovoltaic Market Forecast, By Material 13.6.1. Silicon 13.6.2. Compounds 13.7. Europe Photovoltaic Market Value Share Analysis, By Installation Type 13.8. Europe Photovoltaic Market Forecast, By Installation Type 13.8.1. Ground Mounted 13.8.2. Building-Integrated Photovoltaic (BIPV) 13.8.3. Floating PV 13.9. Europe Photovoltaic Market Value Share Analysis, By Application 13.10. Europe Photovoltaic Market Forecast, By Application 13.10.1. Residential 13.10.2. Commercial & Industrial 13.10.3. Utilities 13.11. Europe Photovoltaic Market Value Share Analysis, by Country 13.12. Europe Photovoltaic Market Forecast, by Country 13.12.1. Germany 13.12.2. U.K. 13.12.3. France 13.12.4. Italy 13.12.5. Spain 13.12.6. Norway 13.12.7. Russia 13.12.8. Rest of Europe 13.13. Europe Photovoltaic Market Analysis, by Country 13.14. Germany Photovoltaic Market Forecast, By Type 13.14.1. Modules 13.14.2. Inverters 13.14.3. Balance of System (BOS) 13.15. Germany Photovoltaic Market Forecast, By Material 13.15.1. Silicon 13.15.2. Compounds 13.16. Germany Photovoltaic Market Forecast, By Installation Type 13.16.1. Ground Mounted 13.16.2. Building-Integrated Photovoltaic (BIPV) 13.16.3. Floating PV 13.17. Germany Photovoltaic Market Forecast, By Application 13.17.1. Residential 13.17.2. Commercial & Industrial 13.17.3. Utilities 13.18. U.K. Photovoltaic Market Forecast, By Type 13.18.1. Modules 13.18.2. Inverters 13.18.3. Balance of System (BOS) 13.19. U.K. Photovoltaic Market Forecast, By Material 13.19.1. Silicon 13.19.2. Compounds 13.20. U.K. Photovoltaic Market Forecast, By Installation Type 13.20.1. Ground Mounted 13.20.2. Building-Integrated Photovoltaic (BIPV) 13.20.3. Floating PV 13.21. U.K. Photovoltaic Market Forecast, By Application 13.21.1. Residential 13.21.2. Commercial & Industrial 13.21.3. Utilities 13.22. France Photovoltaic Market Forecast, By Type 13.22.1. Modules 13.22.2. Inverters 13.22.3. Balance of System (BOS) 13.23. France Photovoltaic Market Forecast, By Material 13.23.1. Silicon 13.23.2. Compounds 13.24. France Photovoltaic Market Forecast, By Installation Type 13.24.1. Ground Mounted 13.24.2. Building-Integrated Photovoltaic (BIPV) 13.24.3. Floating PV 13.25. France Photovoltaic Market Forecast, By Application 13.25.1. Residential 13.25.2. Commercial & Industrial 13.25.3. Utilities 13.26. Italy Photovoltaic Market Forecast, By Type 13.26.1. Modules 13.26.2. Inverters 13.26.3. Balance of System (BOS) 13.27. Italy Photovoltaic Market Forecast, By Material 13.27.1. Silicon 13.27.2. Compounds 13.28. Italy Photovoltaic Market Forecast, By Installation Type 13.28.1. Ground Mounted 13.28.2. Building-Integrated Photovoltaic (BIPV) 13.28.3. Floating PV 13.29. Italy Photovoltaic Market Forecast, By Application 13.29.1. Residential 13.29.2. Commercial & Industrial 13.29.3. Utilities 13.30. Spain Photovoltaic Market Forecast, By Type 13.30.1. Modules 13.30.2. Inverters 13.30.3. Balance of System (BOS) 13.31. Spain Photovoltaic Market Forecast, By Material 13.31.1. Silicon 13.31.2. Compounds 13.32. Spain Photovoltaic Market Forecast, By Installation Type 13.32.1. Ground Mounted 13.32.2. Building-Integrated Photovoltaic (BIPV) 13.32.3. Floating PV 13.33. Spain Photovoltaic Market Forecast, By Application 13.33.1. Residential 13.33.2. Commercial & Industrial 13.33.3. Utilities 13.34. Norway Photovoltaic Market Forecast, By Type 13.34.1. Modules 13.34.2. Inverters 13.34.3. Balance of System (BOS) 13.35. Norway Photovoltaic Market Forecast, By Material 13.35.1. Silicon 13.35.2. Compounds 13.36. Norway Photovoltaic Market Forecast, By Installation Type 13.36.1. Ground Mounted 13.36.2. Building-Integrated Photovoltaic (BIPV) 13.36.3. Floating PV 13.37. Norway Photovoltaic Market Forecast, By Application 13.37.1. Residential 13.37.2. Commercial & Industrial 13.37.3. Utilities 13.38. Russia Photovoltaic Market Forecast, By Type 13.38.1. Modules 13.38.2. Inverters 13.38.3. Balance of System (BOS) 13.39. Russia Photovoltaic Market Forecast, By Material 13.39.1. Silicon 13.39.2. Compounds 13.40. Russia Photovoltaic Market Forecast, By Installation Type 13.40.1. Ground Mounted 13.40.2. Building-Integrated Photovoltaic (BIPV) 13.40.3. Floating PV 13.41. Russia Photovoltaic Market Forecast, By Application 13.41.1. Residential 13.41.2. Commercial & Industrial 13.41.3. Utilities 13.42. Rest of Europe Photovoltaic Market Forecast, By Type 13.42.1. Modules 13.42.2. Inverters 13.42.3. Balance of System (BOS) 13.43. Rest of Europe Photovoltaic Market Forecast, By Material 13.43.1. Silicon 13.43.2. Compounds 13.44. Rest of Europe Photovoltaic Market Forecast, By Installation Type 13.44.1. Ground Mounted 13.44.2. Building-Integrated Photovoltaic (BIPV) 13.44.3. Floating PV 13.45. Rest Of Europe Photovoltaic Market Forecast, By Application 13.45.1. Residential 13.45.2. Commercial & Industrial 13.45.3. Utilities 13.46. Europe Photovoltaic Market Attractiveness Analysis 13.46.1. By Type 13.46.2. By Material 13.46.3. By Installation Type 13.46.4. By Application 13.47. PEST Analysis 13.48. Key Trends 13.49. Key Developments 14. Asia Pacific Photovoltaic Market Analysis 14.1. Key Findings 14.2. Asia Pacific Photovoltaic Market Overview 14.3. Asia Pacific Photovoltaic Market Value Share Analysis, By Type 14.4. Asia Pacific Photovoltaic Market Forecast, By Type 14.4.1. Modules 14.4.2. Inverters 14.4.3. Balance of System (BOS) 14.5. Asia Pacific Photovoltaic Market Value Share Analysis, By Material 14.6. Asia Pacific Photovoltaic Market Forecast, By Material 14.6.1. Silicon 14.6.2. Compounds 14.7. Asia Pacific Photovoltaic Market Value Share Analysis, By Installation Type 14.8. Asia Pacific Photovoltaic Market Forecast, By Installation Type 14.8.1. Ground Mounted 14.8.2. Building-Integrated Photovoltaic (BIPV) 14.8.3. Floating PV 14.9. Asia Pacific Photovoltaic Market Value Share Analysis, By Application 14.10. Asia Pacific Photovoltaic Market Forecast, By Application 14.10.1. Residential 14.10.2. Commercial & Industrial 14.10.3. Utilities 14.11. Asia Pacific Photovoltaic Market Value Share Analysis, by Country 14.12. Asia Pacific Photovoltaic Market Forecast, by Country 14.12.1. China 14.12.2. India 14.12.3. Japan 14.12.4. South Korea 14.12.5. Australia 14.12.6. Malaysia 14.12.7. Indonesia 14.12.8. Rest of Asia Pacific 14.13. Asia Pacific Photovoltaic Market Analysis, by Country 14.14. China Photovoltaic Market Forecast, By Type 14.14.1. Modules 14.14.2. Inverters 14.14.3. Balance of System (BOS) 14.15. China Photovoltaic Market Forecast, By Material 14.15.1. Silicon 14.15.2. Compounds 14.16. China Photovoltaic Market Forecast, By Installation Type 14.16.1. Ground Mounted 14.16.2. Building-Integrated Photovoltaic (BIPV) 14.16.3. Floating PV 14.17. China Photovoltaic Market Forecast, By Application 14.17.1. Residential 14.17.2. Commercial & Industrial 14.17.3. Utilities 14.18. India Photovoltaic Market Forecast, By Type 14.18.1. Modules 14.18.2. Inverters 14.18.3. Balance of System (BOS) 14.19. India Photovoltaic Market Forecast, By Material 14.19.1. Silicon 14.19.2. Compounds 14.20. India Photovoltaic Market Forecast, By Installation Type 14.20.1. Ground Mounted 14.20.2. Building-Integrated Photovoltaic (BIPV) 14.20.3. Floating PV 14.21. India Photovoltaic Market Forecast, By Application 14.21.1. Residential 14.21.2. Commercial & Industrial 14.21.3. Utilities 14.22. Japan Photovoltaic Market Forecast, By Type 14.22.1. Modules 14.22.2. Inverters 14.22.3. Balance of System (BOS) 14.23. Japan Photovoltaic Market Forecast, By Material 14.23.1. Silicon 14.23.2. Compounds 14.24. Japan Photovoltaic Market Forecast, By Installation Type 14.24.1. Ground Mounted 14.24.2. Building-Integrated Photovoltaic (BIPV) 14.24.3. Floating PV 14.25. Japan Photovoltaic Market Forecast, By Application 14.25.1. Residential 14.25.2. Commercial & Industrial 14.25.3. Utilities 14.26. South Korea Photovoltaic Market Forecast, By Type 14.26.1. Modules 14.26.2. Inverters 14.26.3. Balance of System (BOS) 14.27. South Korea Photovoltaic Market Forecast, By Material 14.27.1. Silicon 14.27.2. Compounds 14.28. South Korea Photovoltaic Market Forecast, By Installation Type 14.28.1. Ground Mounted 14.28.2. Building-Integrated Photovoltaic (BIPV) 14.28.3. Floating PV 14.29. South Korea Photovoltaic Market Forecast, By Application 14.29.1. Residential 14.29.2. Commercial & Industrial 14.29.3. Utilities 14.30. Australia Photovoltaic Market Forecast, By Type 14.30.1. Modules 14.30.2. Inverters 14.30.3. Balance of System (BOS) 14.31. Australia Photovoltaic Market Forecast, By Material 14.31.1. Silicon 14.31.2. Compounds 14.32. Australia Photovoltaic Market Forecast, By Installation Type 14.32.1. Ground Mounted 14.32.2. Building-Integrated Photovoltaic (BIPV) 14.32.3. Floating PV 14.33. Australia Photovoltaic Market Forecast, By Application 14.33.1. Residential 14.33.2. Commercial & Industrial 14.33.3. Utilities 14.34. Malaysia Photovoltaic Market Forecast, By Type 14.34.1. Modules 14.34.2. Inverters 14.34.3. Balance of System (BOS) 14.35. Malaysia Photovoltaic Market Forecast, By Material 14.35.1. Silicon 14.35.2. Compounds 14.36. Malaysia Photovoltaic Market Forecast, By Installation Type 14.36.1. Ground Mounted 14.36.2. Building-Integrated Photovoltaic (BIPV) 14.36.3. Floating PV 14.37. Malaysia Photovoltaic Market Forecast, By Application 14.37.1. Residential 14.37.2. Commercial & Industrial 14.37.3. Utilities 14.38. Indonesia Photovoltaic Market Forecast, By Type 14.38.1. Modules 14.38.2. Inverters 14.38.3. Balance of System (BOS) 14.39. Indonesia Photovoltaic Market Forecast, By Material 14.39.1. Silicon 14.39.2. Compounds 14.40. Indonesia Photovoltaic Market Forecast, By Installation Type 14.40.1. Ground Mounted 14.40.2. Building-Integrated Photovoltaic (BIPV) 14.40.3. Floating PV 14.41. Indonesia Photovoltaic Market Forecast, By Application 14.41.1. Residential 14.41.2. Commercial & Industrial 14.41.3. Utilities 14.42. Rest of Asia Pacific Photovoltaic Market Forecast, By Type 14.42.1. Modules 14.42.2. Inverters 14.42.3. Balance of System (BOS) 14.43. Rest of Asia Pacific Photovoltaic Market Forecast, By Material 14.43.1. Silicon 14.43.2. Compounds 14.44. Rest of Asia Pacific Photovoltaic Market Forecast, By Installation Type 14.44.1. Ground Mounted 14.44.2. Building-Integrated Photovoltaic (BIPV) 14.44.3. Floating PV 14.45. Rest of Asia Pacific Photovoltaic Market Forecast, By Application 14.45.1. Residential 14.45.2. Commercial & Industrial 14.45.3. Utilities 14.46. Asia Pacific Photovoltaic Market Attractiveness Analysis 14.46.1. By Type 14.46.2. By Material 14.46.3. By Installation Type 14.46.4. By Application 14.47. PEST Analysis 14.48. Key Trends 14.49. Key Developments 15. Middle East & Africa Photovoltaic Market Analysis 15.1. Key Findings 15.2. Middle East & Africa Photovoltaic Market Overview 15.3. Middle East & Africa Photovoltaic Market Value Share Analysis, By Type 15.4. Middle East & Africa Photovoltaic Market Forecast, By Type 15.4.1. Modules 15.4.2. Inverters 15.4.3. Balance of System (BOS) 15.5. Middle East & Africa Photovoltaic Market Value Share Analysis, By Material 15.6. Middle East & Africa Photovoltaic Market Forecast, By Material 15.6.1. Silicon 15.6.2. Compounds 15.7. Middle East & Africa Photovoltaic Market Value Share Analysis, By Installation Type 15.8. Middle East & Africa Photovoltaic Market Forecast, By Installation Type 15.8.1. Ground Mounted 15.8.2. Building-Integrated Photovoltaic (BIPV) 15.8.3. Floating PV 15.9. Middle East & Africa Photovoltaic Market Value Share Analysis, By Application 15.10. Middle East & Africa Photovoltaic Market Forecast, By Application 15.10.1. Residential 15.10.2. Commercial & Industrial 15.10.3. Utilities 15.11. Middle East & Africa Photovoltaic Market Value Share Analysis, by Country 15.12. Middle East & Africa Photovoltaic Market Forecast, by Country 15.12.1. GCC 15.12.2. South Africa 15.12.3. Rest of Middle East & Africa 15.13. Middle East & Africa Photovoltaic Market Analysis, by Country 15.14. GCC Photovoltaic Market Forecast, By Type 15.14.1. Modules 15.14.2. Inverters 15.14.3. Balance of System (BOS) 15.15. GCC Photovoltaic Market Forecast, By Material 15.15.1. Silicon 15.15.2. Compounds 15.16. GCC Photovoltaic Market Forecast, By Installation Type 15.16.1. Ground Mounted 15.16.2. Building-Integrated Photovoltaic (BIPV) 15.16.3. Floating PV 15.17. GCC Photovoltaic Market Forecast, By Application 15.17.1. Residential 15.17.2. Commercial & Industrial 15.17.3. Utilities 15.18. South Africa Photovoltaic Market Forecast, By Type 15.18.1. Modules 15.18.2. Inverters 15.18.3. Balance of System (BOS) 15.19. South Africa Photovoltaic Market Forecast, By Material 15.19.1. Silicon 15.19.2. Compounds 15.20. South Africa Photovoltaic Market Forecast, By Installation Type 15.20.1. Ground Mounted 15.20.2. Building-Integrated Photovoltaic (BIPV) 15.20.3. Floating PV 15.21. South Africa Photovoltaic Market Forecast, By Application 15.21.1. Residential 15.21.2. Commercial & Industrial 15.21.3. Utilities 15.22. Rest of Middle East & Africa Photovoltaic Market Forecast, By Type 15.22.1. Modules 15.22.2. Inverters 15.22.3. Balance of System (BOS) 15.23. Rest of Middle East & Africa Photovoltaic Market Forecast, By Material 15.23.1. Silicon 15.23.2. Compounds 15.24. Rest of Middle East & Africa Photovoltaic Market Forecast, By Installation Type 15.24.1. Ground Mounted 15.24.2. Building-Integrated Photovoltaic (BIPV) 15.24.3. Floating PV 15.25. Rest of Middle East & Africa Photovoltaic Market Forecast, By Application 15.25.1. Residential 15.25.2. Commercial & Industrial 15.25.3. Utilities 15.26. Middle East & Africa Photovoltaic Market Attractiveness Analysis 15.26.1. By Type 15.26.2. By Material 15.26.3. By Installation Type 15.26.4. By Application 15.27. PEST Analysis 15.28. Key Trends 15.29. Key Developments 16. South America Photovoltaic Market Analysis 16.1. Key Findings 16.2. South America Photovoltaic Market Overview 16.3. South America Photovoltaic Market Value Share Analysis, By Type 16.4. South America Photovoltaic Market Forecast, By Type 16.4.1. Modules 16.4.2. Inverters 16.4.3. Balance of System (BOS) 16.5. South America Photovoltaic Market Value Share Analysis, By Material 16.6. South America Photovoltaic Market Forecast, By Material 16.6.1. Silicon 16.6.2. Compounds 16.7. South America Photovoltaic Market Value Share Analysis, By Installation Type 16.8. South America Photovoltaic Market Forecast, By Installation Type 16.8.1. Ground Mounted 16.8.2. Building-Integrated Photovoltaic (BIPV) 16.8.3. Floating PV 16.9. South America Photovoltaic Market Value Share Analysis, By Application 16.10. South America Photovoltaic Market Forecast, By Application 16.10.1. Residential 16.10.2. Commercial & Industrial 16.10.3. Utilities 16.11. South America Photovoltaic Market Value Share Analysis, by Country 16.12. South America Photovoltaic Market Forecast, by Country 16.12.1. Brazil 16.12.2. Mexico 16.12.3. Argentina 16.12.4. Rest of South America 16.13. South America Photovoltaic Market Analysis, by Country 16.14. Brazil Photovoltaic Market Forecast, By Type 16.14.1. Modules 16.14.2. Inverters 16.14.3. Balance of System (BOS) 16.15. Brazil Photovoltaic Market Forecast, By Material 16.15.1. Silicon 16.15.2. Compounds 16.16. Brazil Photovoltaic Market Forecast, By Installation Type 16.16.1. Ground Mounted 16.16.2. Building-Integrated Photovoltaic (BIPV) 16.16.3. Floating PV 16.17. Brazil Photovoltaic Market Forecast, By Application 16.17.1. Residential 16.17.2. Commercial & Industrial 16.17.3. Utilities 16.18. Mexico Photovoltaic Market Forecast, By Type 16.18.1. Modules 16.18.2. Inverters 16.18.3. Balance of System (BOS) 16.19. Mexico Photovoltaic Market Forecast, By Material 16.19.1. Silicon 16.19.2. Compounds 16.20. Mexico Photovoltaic Market Forecast, By Installation Type 16.20.1. Ground Mounted 16.20.2. Building-Integrated Photovoltaic (BIPV) 16.20.3. Floating PV 16.21. Mexico Photovoltaic Market Forecast, By Application 16.21.1. Residential 16.21.2. Commercial & Industrial 16.21.3. Utilities 16.22. Argentina Photovoltaic Market Forecast, By Type 16.22.1. Modules 16.22.2. Inverters 16.22.3. Balance of System (BOS) 16.23. Argentina Photovoltaic Market Forecast, By Material 16.23.1. Silicon 16.23.2. Compounds 16.24. Argentina Photovoltaic Market Forecast, By Installation Type 16.24.1. Ground Mounted 16.24.2. Building-Integrated Photovoltaic (BIPV) 16.24.3. Floating PV 16.25. Argentina Photovoltaic Market Forecast, By Application 16.25.1. Residential 16.25.2. Commercial & Industrial 16.25.3. Utilities 16.26. Rest of South America Photovoltaic Market Forecast, By Type 16.26.1. Modules 16.26.2. Inverters 16.26.3. Balance of System (BOS) 16.27. Rest of South America Photovoltaic Market Forecast, By Material 16.27.1. Silicon 16.27.2. Compounds 16.28. Rest of South America Photovoltaic Market Forecast, By Installation Type 16.28.1. Ground Mounted 16.28.2. Building-Integrated Photovoltaic (BIPV) 16.28.3. Floating PV 16.29. Rest of South America Photovoltaic Market Forecast, By Application 16.29.1. Residential 16.29.2. Commercial & Industrial 16.29.3. Utilities 16.30. South America Photovoltaic Market Attractiveness Analysis 16.30.1. By Type 16.30.2. By Material 16.30.3. By Installation Type 16.30.4. By Application 16.31. PEST Analysis 16.32. Key Trends 16.33. Key Developments 17. Company Profiles 17.1. Market Share Analysis, by Company 17.2. Competition Matrix 17.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 17.2.2. New Product Launches and Product Enhancements 17.2.3. Market Consolidation 17.2.3.1. M&A by Regions, Investment and Applications 17.2.3.2. M&A Key Players, Forward Integration and Backward Integration 17.3. Company Profiles: Key Players 17.3.1. Kyocera Corporation 17.3.1.1. Company Overview 17.3.1.2. Financial Overview 17.3.1.3. Product Portfolio 17.3.1.4. Business Strategy 17.3.1.5. Recent Developments 17.3.1.6. Development Footprint 17.3.2. Panasonic Corporation 17.3.3. Kaneka Corporation 17.3.4. JA solar Co. Ltd 17.3.5. Sharp Corporation 17.3.6. Jinko Solar 17.3.7. Trina Solar 17.3.8. Suntech Power Holdings Co. Ltd 17.3.9. Canadian Solar 17.3.10. Mitsubishi Electric Corporation 17.3.11. ReneSola Co. Ltd 17.3.12. Yingli Green 17.3.13. LONGi 17.3.14. Hanwha Q CELLS Co., Ltd 17.3.15. GCL System Integration 17.3.16. Risen Energy Co. Ltd 17.3.17. Shunfeng International Clean Energy Limited 17.3.18. Suntech Power Co 18. Primary Key Insights