Energy and Power

Solar PV Market in Asia 2015-2019

  • TEC170833
  • 101 Pages
  • January 2015
  • Energy and Power
About Solar PV
PV is a method of generating electricity through the conversion of solar radiation using semiconductors that exhibit the PV effect. PV power generation uses solar panels composed of several solar cells containing a PV material. Materials presently used for PV include mono-c-Si, poly-c-Si, a-Si, CdTe, and copper indium gallium selenide/sulfide. The conventional way of power generation through fossil fuels is continuously depleting and also causes environmental damage. Therefore, eco-friendly renewable methods of power generation such as PV have become popular over the last decade. PV power is generated by the mono-c-Si method, which is the most efficient and least expensive approach. PV power is a good option because its source, solar energy, is free, and even the maintenance cost is negligible.

TechNavio's analysts forecast the Solar PV market in Asia to grow at a CAGR of 23.7 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the Solar PV market in Asia for the period 2015-2019. To calculate the market size, the report considers the cumulative installed capacity of solar PV in the following Asian countries:

Bangladesh
China
India
Indonesia
Japan
Kazakhstan
Malaysia
Pakistan
Philippines
Singapore
South Korea
Taiwan
Thailand
Uzbekistan

The report provides the market segmentation by end-users, which are the Utilities, Commercial, Residential, and Off-grid sectors.
TechNavio's report, the Solar PV Market in Asia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers five major countries; it also covers the landscape of the Solar PV market in Asia and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Countries
China
India
Japan
South Korea
Thailand

Key Vendors
AU Optronics (BenQ Solar)
Hangzhou First PV Material
Panasonic
Sharp
Shunfeng Photovoltaic International
SunEdison

Other Prominent Vendors
Hanwha Solarone
JA Solar
Jinko Solar
Kyocera
Trina Solar
Yingli Green Energy

Market Driver
Increase in Government Support
For a full, detailed list, view our report

Market Challenge
Uncertain Policy Environment
For a full, detailed list, view our report

Market Trend
Rise in Solar PV Demand
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 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?
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