“Governments global help the adoption of photo voltaic PV structures via presenting incentives, subsidies, and tax advantages to producers and consumers. In the US, the photo voltaic ITC is a vital federal coverage mechanism, developed to assist the deployment of photo voltaic electricity in the country.”

According to the report, Demand For Solar Installation and Maintenance Will Grow is one of the primary growth factors for the market. Growing Demand for Renewable-Based Clean Electricity Coupled With Government Policy Tax Rebates and Incentives to Install Solar Panels is also expected to contribute significantly to the Next Generation Solar PV market. Overall, Residential applications of Next Generation Solar PV, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Next Generation Solar PV market identified that the demand is rising in many different parts of the world as "More diverse supply chain ". Furthermore, some recent industry insights like "In 2020, Canadian Utilities, an ATCO company, introduced the completion of Canada's biggest off-grid photo voltaic project, which was once constructed in two phases. The first section blanketed a 600kW photo voltaic farm and the 2nd section protected a 2,200kW photo voltaic farm. This is predicted to extend the demand for photo voltaic PV panels in the United States of America in the coming years." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Next Generation Solar PV market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Next Generation Solar PV market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Next Generation Solar PV market size is calculated using market estimation process, the Next Generation Solar PV market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Next Generation Solar PV market size has been validated using both top-down and bottom-up approaches.