Global Solar PV Systems Market 2017-2021

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Date: 12-Jul-2017
No. of pages: 83
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A solar PV system, also known as a solar power system is designed to provide usable solar power by means of PVs. PVs use a semiconductor material to convert sunlight into electricity. A typical solar PV system consists of an arrangement of several components, including solar panels that absorb and convert sunlight into electricity, a solar inverter to convert the electric current from DC to AC, and other electrical accessories and cabling to set up a working solar power system. A solar PV system can range from small-scale rooftop mounted system typically utilized in residential and commercial buildings to large utility-scale ground mounted systems, which generate thousands of MW of electricity. Solar PV systems can be grid-connected or decentralized/off-grid installations in remote locations. Off-grid solar power systems can be standalone or hybrid systems coupled with other sources of energy, such as wind power.

The analysts forecast global solar PV systems market to grow at a CAGR of 20.73% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global solar PV systems market for 2017-2021. To calculate the market size, the report considers sales of complete Solar PV system i.e. Solar PV module and BOS (inverters, racking, switches, enclosures, and others) including installation cost.

The market is divided into the following segments based on geography:


  • Americas

  • APAC

  • EMEA


The report, Global Solar PV Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors


  • Jinko Solar

  • Trina Solar

  • SMA Solar Technology

  • Huawei Technologies

  • SUNGROW


Other prominent vendors


  • ABB

  • Canadian Solar

  • Chint Group

  • DAQO NEW ENERGY

  • Delta Group

  • Enphase Energy

  • First Solar

  • Flin Energy

  • Fronius International

  • GCL-Poly

  • Golden Concord Holdings

  • GoodWe (Jiangsu) Power Supply Technology

  • Growatt New Energy Technology

  • Hanwha Group

  • JA SOLAR

  • KACO new energy

  • Kstar New Energy

  • KYOCERA

  • Lavancha Renewable Energy

  • Luminous India

  • MICROTEK INTERNATIONAL

  • OMRON

  • Power Electronics

  • Pure Volt

  • Redback Technologies

  • Renesola

  • Risen Energy

  • Schneider Electric

  • SHANGHAI SUNVIS NEW ENERGY

  • Sharp Corporation

  • Shunfeng International Clean Energy

  • Sineng Electric

  • SolarEdge Technologies

  • SolaX Power

  • Su-Kam Power Systems

  • SunPower

  • TABUCHI ELECTRIC

  • Talesun

  • TMEIC

  • Vikram Solar

  • Voltronic Power Technology

  • Waaree Energies

  • Yingli Solar


Market driver


  • Declining cost of solar energy

  • For a full, detailed list, view our report


Market challenge


  • Intermittency in solar power generation

  • For a full, detailed list, view our report


Market trend


  • Floating solar PV plant

  • For a full, detailed list, view our report


Key questions answered in this report


  • What will the market size be in 2021 and what will the growth rate be?

  • What are the key market trends?

  • What is driving this market?

  • What are the challenges to market growth?

  • Who are the key vendors in this market space?

  • What are the market opportunities and threats faced by the key vendors?

  • What are the strengths and weaknesses of the key vendors?

Global Solar PV Systems Market 2017-2021

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
Market outline

PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

PART 06: Market segmentation by end-user
Global solar PV systems market by end-user
Global solar PV systems market by utility segment
Global solar PV systems market by C&I segment
Global solar PV systems market by residential segment

PART 07: Geographical segmentation
Solar PV systems market by geography
Solar PV systems market in APAC
Solar PV systems market in EMEA
Solar PV systems market in Americas

PART 08: Decision framework

PART 09: Drivers and challenges
Market drivers
Market challenges

PART 10: Market trends
Floating solar PV plant
Rise in investments in renewable energy
Emergence of microgrid and green telecom

PART 11: Vendor landscape
Competitive scenario
Other prominent vendors

PART 12: Key vendor analysis
Huawei Technologies
JinkoSolar
SMA Solar Technology
SUNGROW
Trina Solar

PART 13: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Solar power plant overview
Exhibit 02: Global solar PV systems market: Segmentation
Exhibit 03: Global solar PV systems market 2016-2021 ($ billions)
Exhibit 04: Global solar PV market 2016-2021 (GW)
Exhibit 05: Five forces analysis
Exhibit 06: Global solar PV systems market by end-user 2016 and 2021 (%)
Exhibit 07: Global solar PV systems market by end-users 2016-2021 ($ billions)
Exhibit 08: Global solar PV systems market by utility segment 2016-2021 ($ billions)
Exhibit 09: Net electricity generation by utility-scale solar in US 2007-2016 (Thousand MWh)
Exhibit 10: Global solar PV systems market by C&I segment 2016-2021 ($ billions)
Exhibit 11: Global solar PV systems market by residential segment 2016-2021 ($ billions)
Exhibit 12: Net annual electricity generation by Solar PV from residential segment in US 2014-2016 (thousand MWh)
Exhibit 13: Global solar PV systems market by geography 2016 and 2021 (%)
Exhibit 14: Global solar PV systems market by geography 2016-2021 ($ billions)
Exhibit 15: Solar PV systems market in APAC 2016-2021 ($ billions)
Exhibit 16: Solar power capacity and targets in major APAC countries
Exhibit 17: Solar PV systems market in EMEA 2016-2021 ($ billions)
Exhibit 18: Solar PV systems market in Americas 2016-2021 ($ billions)
Exhibit 19: Solar PV annual installations in US 2010-2016 (GW)
Exhibit 20: Indexed cost of solar PV system 2008-2015 (2008=100%)
Exhibit 21: Global electrification rate in 2014
Exhibit 22: Power generation pattern by 1 kW solar PV module in a day
Exhibit 23: Intermittency and its impact on power systems
Exhibit 24: Electricity generation efficiency 2015 (%)
Exhibit 25: Conversion efficiency of crystalline silicon cells (%)
Exhibit 26: Energy consumption from renewable sources in US 2010-2016 (trillion Btu)
Exhibit 27: Global crude oil price 2011-2016 ($/bbl.)
Exhibit 28: Indexed investment in global renewable energy 2006-2016 (%)
Exhibit 29: Global mobile cellular subscriptions per 100 people 2011-2015
Exhibit 30: Other prominent vendors (indicative list)
Exhibit 31: Huawei Technologies: Key products
Exhibit 32: JinkoSolar: Business segmentation
Exhibit 33: JinkoSolar: Key products
Exhibit 34: SMA Solar Technology: Business segmentation
Exhibit 35: SMA Solar Technology: Key products
Exhibit 36: SUNGROW: Key products
Exhibit 37: Trina Solar: Key products

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