Dallas,TX (PRWEB) January 20, 2015
One key trend emerging in the solar panels market is the increase in solar energy storage facilities. The development of these facilities influences many vendors to invest more in solar energy projects as this energy can be used during power outages.
According to the report, increased solar energy consumption is one of the key drivers which are expected to elevate the demand for solar panels during the forecast period. Increased awareness of the benefits of solar energy has resulted in a higher production of solar panels. Moreover, the increased costs of fossil fuels have also led to an increased investment in solar power.
Furthermore, the report states that low conversion efficiency is one of the key challenges that the market faces. The energy conversion rate from solar panels is low, which affects the overall power generation of any solar power plant. With low energy generation, the profit margin of the operator will decline, which will discourage further investment in the industry.
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Key players in the Global Solar Panels Market are Canadian Solar Inc., First Solar Inc., JinkoSolar Co. Ltd., Sharp Corp., Suntech Power Holdings Co. Ltd., Trina Solar Ltd. and Yingli Green Energy Holding Co. Ltd.
Other prominent vendors in the market are Bosch Solar Energy, Hanwha SolarOne, JA Solar Holdings, LDK Solar, Panasonic and SolarWorld.
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List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Solar Panel Industry Value Chain
Exhibit 3: Global Solar Panel Market 2014-2019 (GW)
Exhibit 4: Types of Solar Panel
Exhibit 5: Global Solar Panel Market by Type 2014
Exhibit 6: Global Solar Panel Market by Type 2019
Exhibit 7: Global Solar Panel Market by Type 2014-2019 (GW)
Exhibit 8: Global Solar Panel Market by Type 2014-2019
Exhibit 9: Global Solar Crystalline Panel Market 2014-2019 (GW)
Exhibit 10: Percentage Break-up of Crystalline Modules 2014
Exhibit 11: Global Thin-film Panel Market 2014-2019
Exhibit 12: Percentage Break-up of Thin-film Panels 2014
Exhibit 13: Global Solar Panel Market Segmentation by End-user 2014
Exhibit 14: Global Solar PV Market Segmentation by End-user 2019
Exhibit 15: Global Solar PV Market Segmentation by End-user 2014-2019 (GW)
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One key trend in this market is pico solar systems replacing fuel based lighting. Conventional kerosene based lighting methods are unsafe and inefficient and pico solar systems are set to replace these.
Key players in the Global Solar PV Consumer Products Market are Angaza Design, Barefoot Power, D.light Design, Goal Zero and Schneider Electric SA.
Other prominent vendors in the market are Azuri Technologies, BBOXX, Grape Solar, Greenlight Planet and Panasonic.
Global Solar PV Inverter Market 2014-2018
One of the major trends in the market is the increase in the number of new entrants that are seeking to capitalize on the high demand for technologically advanced PV inverters.
Key players in the Global Solar PV Inverter Market are KACO New Energy Inc., Power-One Inc., Schneider Electric Co. and SMA Solar Technology AG.
Other prominent vendors in the market are Bonfiglioli Riduttori, Danfoss Solar Inverter, Eaton, Emerson Electric, Enphase Energy, Fronius International, GE, Jiangsu Zeversolar New Energy, Mitsubishi Electric, Proniso, REFUsol, Riello, Siemens, TDK and Toshiba.
A solar backsheet is used as the outermost layer of a solar PV module. It protects the inner components such as PV cells and electrical components. Due to their dielectric properties, backsheets can act as electric insulators for power-generating modules.
Analysts forecast that the Global Solar PV Backsheet market will grow at a CAGR of 15 percent over the period 2013-2018.
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