Scope of the Study
Solar Power Products observe the sunís rays to produce electricity. Two types of solar energy, Photovoltaic, and Thermal. Photovoltaic technology directly converts sunlight into electricity. Solar thermal technology harnesses its heat. Increasing demand for energy and rising environment concern leads to the growth of the solar power products market. Increasing government initiatives for green energy owing to environmental concerns such as greenhouse gas emission boosting the demand for solar power products. The government provides incentives and subsidies for solar power products such as solar pumps and solar lanterns helping to boost this market.
The market study is being classified by Type (Solar Rooftop PV, Solar Pumps, Solar Lantern and Others), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
JinkoSolar (China), Canadian Solar (Canadian), Tata Power Solar Systems (India), Trina Solar (China), SunPower Corp (United States), Hanwha Q Cells (Germany), Vikram Solar (India), Fourth Partner Energy (India) and Vorks Energy (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Scorpius Trackers (India) and Topsun Energy (India).
Research Analyst at AMA predicts that India Manufacturers will contribute to the maximum growth of Global Solar Power Products market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Solar Power Products market by Type, Application and Region.
On the basis of geography, the market of Solar Power Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Environment Concern leads to Adoption of Solar Energy across the World
- Continuously Increasing the Prices of Energy
- High Utilization of Energy across the Globe
- The Government Incentives and Subsidies for Solar Power Products
- Climatic Conditions and Geographical Latitudes
- Fluctuating Price of Raw Material
- Rising Development of Solar Power Generation Projects
- Development of Power Transmission and Distribution Network
In Jan 2019, JinkoSolar Holding Co., Ltd. announced that its wholly-owned subsidiary, JinkoSolar (U.S.) Inc. renewed its partnership with GRID Alternatives. JinkoSolar has donated 600kW of high-efficiency solar modules to support GRID Alternativesí work developing and implementing solar projects and offering hands-on job training in underserved communities.
Key Target AudienceSolar Power Products Manufacturers, Solar Power Products Suppliers and Distributors, Potential Investors, Government Associations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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