The latest market research report from Reports and Data, Global Solar Power Market, discusses a number of factors affecting revenue for the global Solar Power industry. As well as providing accurate market projections for the global market size and revenue share for key segments, the report also provides regional market projections. By analyzing the key market segments, this report provides readers with in-depth insight into the Solar Power Market and helps them make more informed business decisions. It also provides key information on the leading manufacturers, distributors, suppliers, and buyers. There are five regions in which the Solar Power Market is segmented based on region, including North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. As well as highlighting the current and emerging opportunities and trends for growth in these regional markets, this section of the report provides key insights into their year-over-year revenue growth rate. This report highlights the key market dynamics, including growth drivers, restraints, opportunities, threats, and challenges as well as micro and macroeconomic factors.
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The global Solar Power market size was USD 76.50 billion in 2020 and is expected to register a revenue CAGR of 19.9% during the forecast period. Rapid rise in adoption of solar power systems and solutions in countries across the globe owing to rising focus on renewable energy sources, growing support from energy investors and scientific establishments, acceleration in solar power solutions to replace conventional fossil fuels, and conversion of Solar Power into usable electricity for grid and off-grid applications in a more efficient and economical manner are some key factors expected to drive global market revenue growth over the forecast period. A rapid increase in global population, fast-paced urbanization, a rise in industrial operations, a substantial increase in electricity and power demand, and an increase in the consumption of power and energy resources by consumers, businesses, and governments provide impetus to the global market revenue growth. There are also several key factors contributing to the growth of this industry, including increased government investments in the power energy sector, an increase in power generation activities, an increase in oil gas production exploration activities, and the rapid adoption of renewable and sustainable energy resources in the manufacturing, transportation, logistics, health care, and information technology sectors.
Top companies profiled in the report are:
- Jinko Solar Co. Ltd.
- Canadian Solar Inc.
- First Solar
- GCL-Poly Energy Holdings Limited
- SunPower Corporation
- SolarEdge Technologies
- Xinyi Solar Holdings Limited
- Yingli Solar
- SMA Solar Technology AG
- Atlantica Sustainable Infrastructure Plc.
Regional Segmentation:
- North America (U.S.A., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Key Points Explained in the Regional Outlook Section:
- Regional market revenue share over the forecast period
- Key factors contributing to the regional market growth over the forecast period
- Vital information related to each regional market
- Leading companies in each regional market, as well as the leading products of these companies
- Detailed study of the supply demand ratios and production consumption patterns in each regional market
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Global Solar Power Market Report – Table of Contents:
Report Overview:
- Research Scope
- Key market segments
- Leading market players
- Market segmentation by type
- Market segmentation by application
- Market segmentation by geography
- Key learning objectives
- Report timeline
Market Segmentation:
- 1 Global Solar Power Market sales by product type
- 2 Global Solar Power Market revenue by application type
Competitive Overview:
- Global Solar Power Market size by manufacturer
- Global Solar Power Market key players
- Products/solutions/services by the major players
- New market entrants
- Mergers, acquisitions, joint ventures, and expansion strategies
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Solar Power Market, Solar Power
