Crystalline silicon solar PV modules Market to grow by $ 46.90 in 2021, Canadian Solar Inc. and Ja Solar Holdings Co. Ltd. emerge as Key Contributors to growth| Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast|Technavio
Technavio has been monitoring the crystalline silicon solar PV modules market and it is poised to grow by $ 46.90 bn during 2021-2025, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the crystalline silicon solar PV modules market. The market growth in 2021 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions:
What are the major trends in the market?
Increasing investments in renewable energy is a major trend driving the growth of the market
At what rate is the market projected to grow?
The market will accelerate at a CAGR of almost 19% and the incremental growth of the market is anticipated to be $ 46.90 bn
Who are the top players in the market?
Canadian Solar Inc., Ja Solar Holdings Co. Ltd., Jiangsu Shunfeng Photovoltaic Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Risen Energy Co. Ltd., Suzhou Talesun Solar Technology Co. Ltd., Trina Solar Co. Ltd., Yingli Green Energy Holding Co. Ltd., and Zhejiang CHINT Electrics Co. Ltd., are some of the major market participants.
What is the key market driver?
The favorable government regulations is one of the major factors driving the market
How big is the APAC market?
TheAPACregion will contribute 64% of the market share
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Canadian Solar Inc., Ja Solar Holdings Co. Ltd., Jiangsu Shunfeng Photovoltaic Technology Co. Ltd., JinkoSolar Holding Co. Ltd., LONGi Green Energy Technology Co. Ltd., Risen Energy Co. Ltd., Suzhou Talesun Solar Technology Co. Ltd., Trina Solar Co. Ltd., Yingli Green Energy Holding Co. Ltd., and Zhejiang CHINT Electrics Co. Ltd. are some of the major market participants. The favorable government regulations will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this crystalline silicon solar PV modules market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Crystalline silicon solar PV modules Market 2021-2025: Segmentation
Crystalline silicon solar PV modules Market is segmented as below:
Crystalline silicon solar PV modules Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The crystalline silicon solar PV modules market report covers the following areas:
Crystalline silicon solar PV modules Market Size
Crystalline silicon solar PV modules Market Trends
Crystalline silicon solar PV modules Market Industry Analysis
This study identifies increasing investments in renewable energy as one of the prime reasons driving the crystalline silicon solar PV modules Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Crystalline silicon solar PV modules Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist crystalline silicon solar PV modules market growth during the next five years
Estimation of the crystalline silicon solar PV modules market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the crystalline silicon solar PV modules market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of crystalline silicon solar PV modules market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Monocrystalline - Market size and forecast 2020-2025
Polycrystalline - Market size and forecast 2020-2025
Market opportunity by Product
Customer landscape
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Canadian Solar Inc.
Ja Solar Holdings Co. Ltd.
Jiangsu Shunfeng Photovoltaic Technology Co. Ltd.
JinkoSolar Holding Co. Ltd.
LONGi Green Energy Technology Co. Ltd.
Risen Energy Co. Ltd.
Suzhou Talesun Solar Technology Co. Ltd.
Trina Solar Co. Ltd.
Yingli Green Energy Holding Co. Ltd.
Zhejiang CHINT Electrics Co. Ltd.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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