India Solar Photovoltaic Panel Market (PV) – Industry Analysis and Forecast (2019-2026) by Product, by Technology and By End User

India Solar Photovoltaic Panel Market (PV) – Industry Analysis and Forecast (2019-2026) by Product, by Technology and By End User

Market Scenario

India Solar Photovoltaic Panel Market (PV) to grow at a CAGR of more than 18 % during a forecast. India Solar Photovoltaic Market India is a country with a majority of areas are exposed to sun rays and it has been absolutely favorable for renewable energy generation. Rising need of renewable energy and strong government support which drives the India solar photovoltaic panel market. Depleting oil reserves and hike in crude oil prices has resulted into high demand of renewable energy. India aims to install 175GW of renewables capacity by 2022 of which 100GW is outlined for solar power. Environment concern of hydro power plant and rising risk of nuclear plant accident offers an opportunity to India solar photovoltaic panel market. Whereas high installation cost and subsidized electricity charges limits the adoption of solar photovoltaic panel adding restrain to the solar photovoltaic market in India. India solar photovoltaic panel market is segmented by product, by technology and by end use. Based on panel type, India solar photovoltaic panel market is segmented into fixed tilt and axis tracker. Axis tracker segment is further sub-segmented into single axis and dual axis tracker. Crystalline silicone and thin film are technology segments of India solar photovoltaic panel market. Crystalline silicone is sub segmented into mono crystalline and polycrystalline. In terms of application, India solar photovoltaic panel market is fragmented into rooftop and utility scale. Advanced crystalline silicone module technology has the XX% share in India solar photovoltaic panel market. Crystalline silicone offers increased cell efficiency. Price of crystalline silicon modules have sharply decreased. The efficiencies of these two technologies are rapidly increasing while the price gap rapidly is narrowing. Thin-film does not necessarily have competitive price advantage over crystalline. In very cold, sunny weather, Crystalline PV can produce the same energy per wp or slightly more than Thin Film. Rooftop segment is growing at XX% CAGR. Growth in rooftop solar installations in India is majorly due to savings in electricity bills and increasing consumer acceptance. In 2018, more than 1GW rooftop photovoltaic projects were auctioned by various government bodies, due to a strong policy push by national and local governments. Tracking systems adjust the position of PV modules to follow the sun can boost yields from solar installations by 40% or more. Fixed tilt panel is dominating the solar photovoltaic panel market in India but trackers are gaining ground in India. Developers are becoming increasingly aware of the enhanced CUFs (Capacity Utilisation Factor) that tracker implementation could bring about. The objective of the report is to present a comprehensive analysis of the India Solar Photovoltaic Panel Market including all the stakeholders of the industry. The past and current status of the industry with 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 includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in 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 report also helps in understanding India Solar Photovoltaic Panel Market dynamics, structure by analyzing the market segments and project the India Solar Photovoltaic Panel Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the India Solar Photovoltaic Panel Market make the report investor’s guide.

Scope of the India Solar Photovoltaic Panel Market (PV)

India Solar Photovoltaic Market, by Technology Type:

• Thin film • Crystalline Silicone

India Solar Photovoltaic (PV) Market, by Product Type:

• Fixed Tilt • Axis Tracker

India Solar Photovoltaic (PV) Market, by End Use Type:

• Rooftop • Utility Scale

Key Player Analysed in India Solar Photovoltaic Panel Market (PV):

• Sterling and Wilson Pvt Ltd • Tata Power Company Ltd • Vikram Solar Limited • ABB • First Solar Inc. • Hanwha Q CELLS Co. • SMA Solar Technology • CME Solar • Adani Group • Azure Power Global Limited • EMMVEE SOLAR • Mahindra Susten Pvt Ltd • Trina Solar Limited

Table of Contents

India Solar Photovoltaic Panel Market (PV)

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. India Solar Photovoltaic (PV) Market Size, By Market Value (US$ Mn) and Market 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 5. India Solar Photovoltaic (PV) Market Analysis and Forecast 5.1. India Solar Photovoltaic (PV) Market Size & Y-o-Y Growth Analysis 6. India Solar Photovoltaic (PV) Market Analysis and Forecast, By Product Type 6.1. Introduction and Definition 6.2. Key Findings 6.3. India Solar Photovoltaic (PV) Market Value Share Analysis, By Product Type 6.4. India Solar Photovoltaic (PV) Market Size (US$ Mn) Forecast, By Product Type 6.5. India Solar Photovoltaic (PV) Market Analysis, By Product Type 6.6. India Solar Photovoltaic (PV) Market Attractiveness Analysis, By Product Type 7. India Solar Photovoltaic (PV) Market Analysis and Forecast, By End Use type 7.1. Introduction and Definition 7.2. India Solar Photovoltaic (PV) Market Value Share Analysis, By End Use type 7.3. India Solar Photovoltaic (PV) Market Size (US$ Mn) Forecast, By End Use type 7.4. India Solar Photovoltaic (PV) Market Analysis, By End Use type 7.5. India Solar Photovoltaic (PV) Market Attractiveness Analysis, By End Use type 8. India Solar Photovoltaic (PV) Market Analysis and Forecast, By Technology Type 8.1. Introduction and Definition 8.2. India Solar Photovoltaic (PV) Market Value Share Analysis, By Technology Type 8.3. India Solar Photovoltaic (PV) Market Size (US$ Mn) Forecast, By Technology Type 8.4. India Solar Photovoltaic (PV) Market Analysis, By Technology Type 8.5. India Solar Photovoltaic (PV) Market Attractiveness Analysis, By Technology Type 9. India Solar Photovoltaic (PV) Market Analysis 9.1. Key Findings 9.2. India Solar Photovoltaic (PV) Market Overview 9.3. India Solar Photovoltaic (PV) Market Value Share Analysis, By Product Type 9.4. India Solar Photovoltaic (PV) Market Forecast, By Product Type 9.4.1. Fixed Tilt 9.4.2. Axis Tracker 9.5. North America Market Value Share Analysis, By End Use type 9.6. India Solar Photovoltaic (PV) Market Forecast, By End Use type 9.6.1. Rooftop 9.6.2. Utility Scale 9.7. India Solar Photovoltaic (PV) Market Value Share Analysis, By Technology Type 9.8. India Solar Photovoltaic (PV) Market Forecast, By Technology Type 9.8.1. Crystalline Silicone 9.8.2. Thin Film 10. Company Profiles 10.1. Market Share Analysis, By Company 10.2. Competition Matrix 10.3. Company Profiles: Key Players 10.4. Sterling and Wilson Pvt Ltd 10.4.1. Company Overview 10.4.2. Financial Overview 10.4.3. Business Strategy 10.4.4. Recent Developments 10.4.5. Manufacturing Footprint 10.5. Tata Power Company Ltd 10.6. Vikram Solar Limited 10.7. ABB 10.8. First Solar Inc. 10.9. Hanwha Q CELLS Co. 10.10. SMA Solar Technology 10.11. CME Solar 10.12. Adani Group 10.13. Azure Power Global Limited 10.14. EMMVEE SOLAR 10.15. Mahindra Susten Pvt Ltd 10.16. Trina Solar Limited 11. Primary Key Insights

About This Report

Report ID19735
Category Energy & Power
Published DateAug 2019
No of Pages68
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