Global Solar PV Market and Solar Thermal Market in Europe 2014-2018 Forecasts and Analysis in New Research Reports at Sandlerresearch.org
Dallas, Texas (PRWEB) October 17, 2014 -- One of the major trends in this market is the increase in investment by various governments. Various national authorities across the globe are encouraging companies to manufacture PV modules.
Analysts forecast the Global Solar PV market to grow at a CAGR of 20.3 percent over the period 2013-2018. According to the report, one of the major driving factors in the market is the increase in government support. There is continuous increase in government support in terms of FIT programs, investment tax credit, and other tax benefit schemes.
The report covers the present scenario and the growth prospects of the Global Solar PV market for the period 2013-2018. The report includes the segmentation of the Global Solar PV market based on the following criteria: technology, end-user, and geography.
The Global Solar PV Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Solar PV market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Solar Photovoltaic (PV) Market: First Solar Inc., Suntech Power Holdings Co. Ltd., Trina Solar Ltd. and Yingli Green Energy Holding Co. Ltd.
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Other Prominent Vendors in the market are: Bosch Solar Energy, Canadian Solar, Dyesol, EniPower, ET Solar, E-Ton Solar Tech, Evergreen Solar, Flisom, GE Energy, Global Solar Energy, Hanwha SolarOne, Hitachi Metals America, Isofoton, JA Solar Holdings, JinkoSolar Holding, Kyocera, LDK Solar, Matrix Solar Technologies, MiaSole, Mitsubishi Electric, Moser Baer Solar, Motech Industries, Nanosolar, Primestar Solar, Q-Cells, REC Solar, ReneSola, Ritek, Sanyo Solar, Schott Solar, Schuco, Sharp Solar Energy Solutions Group, Signet Solar, Siliken and SunPower.
Key Market Driver
• Increase in Government Support
• For a full, detailed list, view our report
Key Market Trend
• Increase in Investment by Governments
• For a full, detailed list, view our report
Further, the report states that the seasonal fluctuations in solar power availability are a significant threat to the market vendors. This leads to an increase in demand for solar panels only during the summer season, bringing down the demand for the same during other seasons.
Power consumption has grown exponentially in the region. Increased population growth and electricity use in different sectors have triggered an increase in power demand.
Analysts forecast the Solar Thermal market in Europe to grow at a CAGR of 18.2 percent over the period 2013-2018. According to the report, changing patterns of power generation has helped the market gain significant traction in Europe. Some of the European countries are changing their power generation patterns. Countries such as Germany, Switzerland, Spain, and Belgium are phasing out their nuclear power plants because of safety-related issues and concerns following the Fukushima plant disaster in Japan.
The report covers the segmentation of the Solar Thermal market in Europe in two segments; Technology and Geography. The Technology segment consists of Parabolic and Frensel Trough, Central Receiver, Dish-engine System, and Solar Updraft Tower. The Geographical segments include Germany, Greece, and Austria.
The Solar Thermal Market in Europe 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers detailed study of the technological segmentation based on demand for solar thermal energy; it also covers the Solar Thermal market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Solar Thermal Market in Europe: Abengoa Solar, Areva Solar, BrightSource Energy and Torresol Energy.
Other Prominent Vendors in the market are: Aora Solar, Novatech Solar, Rackam, SENER and Skyfuel.
Order a copy of this report at (Prices start at US $2500 for a single user PDF) http://www.sandlerresearch.org/purchase?rname=25592.
Key Market Driver
• Changing Power Mix
• For a full, detailed list, view our report
Key Market Trend
• Growing Power Demand
• For a full, detailed list, view our report
Further, the report states that seasonal fluctuations in the availability of sunlight have prevented the market from achieving sustained growth. The Solar Thermal market depends on the availability of sunlight, the intensity of which is prone to seasonal fluctuations and variations in intensity.
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Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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