Solar Electric System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022
A solar electric system, also known as photovoltaic system, converts the sun's radiation into usable electricity. It comprises of a methodological arrangement of several components, solar panels, solar inverter, and other electrical accessories to set up a working system. The solar panels absorb and convert the sunlight into electricity and the solar inverter converts the electric current from DC to AC. The latest report by IMARC Group titled, “Solar Electric System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global solar electric system market reached a volume of more than 76 GW in 2016, growing at a CAGR of 40% during 2009-2016.
The market growth of solar electric system is accelerated primarily by energy efficiency and reduction in carbon footprints. The energy produced by a solar electric system is clean and does not release any harmful air or water pollution into the environment, deplete natural resources, or endanger animal or human health. As a result of this, governments are encouraging its use by providing rebate in taxes and conducting awareness programmes. According to the report, the market is further expected to reach a volume of 230 GW by 2022.
The report has segmented the market on the basis of types, which include crystal silicon and thin film solar electric systems. The report has also evaluated the market on the basis of end-use. The major end-use sectors of solar electric systems are commercial, residential, and power utilities. A segmentation of the market on a regional basis is also given, covering China, Japan, United States, Germany, Italy, and United Kingdom. Among these, China accounts for the majority of the total share, representing the largest market. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are Yingli Green, Trina Solar, Canadian Solar, Sharp Solar, and Jinko Solar.
This report provides a deep insight into the global solar electric system industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a solar electric system manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the solar electric system industry in any manner.
Key Questions Answered in This Report:
The market growth of solar electric system is accelerated primarily by energy efficiency and reduction in carbon footprints. The energy produced by a solar electric system is clean and does not release any harmful air or water pollution into the environment, deplete natural resources, or endanger animal or human health. As a result of this, governments are encouraging its use by providing rebate in taxes and conducting awareness programmes. According to the report, the market is further expected to reach a volume of 230 GW by 2022.
The report has segmented the market on the basis of types, which include crystal silicon and thin film solar electric systems. The report has also evaluated the market on the basis of end-use. The major end-use sectors of solar electric systems are commercial, residential, and power utilities. A segmentation of the market on a regional basis is also given, covering China, Japan, United States, Germany, Italy, and United Kingdom. Among these, China accounts for the majority of the total share, representing the largest market. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are Yingli Green, Trina Solar, Canadian Solar, Sharp Solar, and Jinko Solar.
This report provides a deep insight into the global solar electric system industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a solar electric system manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the solar electric system industry in any manner.
Key Questions Answered in This Report:
- How has the global solar electric system market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global solar electric system industry?
- What are the key end-use segments in the global solar electric system industry?
- What are the price trends of solar electric system?
- What are the various stages in the value chain of the global solar electric system industry?
- What are the key driving factors and challenges in the global solar electric system industry?
- What is the structure of the global solar electric system industry and who are the key players?
- What is the degree of competition in the global solar electric system industry?
- What are the profit margins in the global solar electric system industry?
- What are the key requirements for setting up a solar electric system manufacturing plant?
- How is solar electric system manufactured?
- What are the various unit operations involved in a solar electric system manufacturing plant?
- What is the total size of land required for setting up a solar electric system manufacturing plant?
- What are the machinery requirements for setting up a solar electric system manufacturing plant?
- What are the raw material requirements for setting up a solar electric system manufacturing plant?
- What are the packaging requirements for solar electric system?
- What are the transportation requirements for solar electric system?
- What are the utility requirements for setting up a solar electric system manufacturing plant?
- What are the manpower requirements for setting up a solar electric system manufacturing plant?
- What are the infrastructure costs for setting up a solar electric system manufacturing plant?
- What are the capital costs for setting up a solar electric system manufacturing plant?
- What are the operating costs for setting up a solar electric system manufacturing plant?
- What will be the income and expenditures for a solar electric system manufacturing plant?
- What is the time required to break-even?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SOLAR PANEL INDUSTRY
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Type
5.5 Market Breakup by Region
5.6 Market by End-Use
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Strengths
5.8.2 Weaknesses
5.8.3 Opportunities
5.8.4 Threats
5.9 Value Chain Analysis
5.10 Porter’s Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Key Success Factors and Risk Factors for Solar Electric System Manufacturers
6 MARKET BY TYPE
6.1 Crystal Silicon
6.2 Thin Film
7 PERFORMANCE OF KEY REGIONS
7.1 China
7.2 Japan
7.3 United States
7.4 Germany
7.5 Italy
7.6 United Kingdom
8 MARKET BY END-USE
8.1 Commercial
8.2 Residential
8.3 Power Utilities
9 COMPETITIVE LANDSCAPE
9.1 Market Structure
9.2 Shipping Capacities of Key Players
10 SOLAR ELECTRIC SYSTEM MANUFACTURING PROCESS
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 PROJECT DETAILS, REQUIREMENTS AND COSTS INVOLVED
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Raw Material Requirements and Expenditures
11.5 Packaging Requirements and Expenditures
11.6 Transportation Requirements and Expenditures
11.7 Utility Requirements and Expenditures
11.8 Manpower Requirements and Expenditures
11.9 Other Capital Investments
12 LOANS AND FINANCIAL ASSISTANCE
13 PROJECT ECONOMICS
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 KEY PLAYER PROFILES
14.1 Yingli Green
14.2 Trina Solar
14.3 Canadian Solar
14.4 Sharp Solar
14.5 Jinko Solar
?
2 SCOPE AND METHODOLOGY
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SOLAR PANEL INDUSTRY
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Type
5.5 Market Breakup by Region
5.6 Market by End-Use
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Strengths
5.8.2 Weaknesses
5.8.3 Opportunities
5.8.4 Threats
5.9 Value Chain Analysis
5.10 Porter’s Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Key Success Factors and Risk Factors for Solar Electric System Manufacturers
6 MARKET BY TYPE
6.1 Crystal Silicon
6.2 Thin Film
7 PERFORMANCE OF KEY REGIONS
7.1 China
7.2 Japan
7.3 United States
7.4 Germany
7.5 Italy
7.6 United Kingdom
8 MARKET BY END-USE
8.1 Commercial
8.2 Residential
8.3 Power Utilities
9 COMPETITIVE LANDSCAPE
9.1 Market Structure
9.2 Shipping Capacities of Key Players
10 SOLAR ELECTRIC SYSTEM MANUFACTURING PROCESS
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 PROJECT DETAILS, REQUIREMENTS AND COSTS INVOLVED
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Raw Material Requirements and Expenditures
11.5 Packaging Requirements and Expenditures
11.6 Transportation Requirements and Expenditures
11.7 Utility Requirements and Expenditures
11.8 Manpower Requirements and Expenditures
11.9 Other Capital Investments
12 LOANS AND FINANCIAL ASSISTANCE
13 PROJECT ECONOMICS
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 KEY PLAYER PROFILES
14.1 Yingli Green
14.2 Trina Solar
14.3 Canadian Solar
14.4 Sharp Solar
14.5 Jinko Solar
?
LIST OF FIGURES
Figure 1: Global: Solar Panel Market: Volume Trends (in Gigawatt), 2009-2016
Figure 2: Global: Solar Panel Market: Value Trends (in Million US$), 2009- 2016
Figure 3: Global: Solar Panel Market: Price Trends (in US$/ Watt), 2009-2016
Figure 4: Global: Solar Panel Market: Breakup by Type (in %), 2016
Figure 5: Global: Solar Panel Market: Breakup by Region (in %), 2016
Figure 6: Global: Solar Panel Market: Breakup by End-use (in %), 2016
Figure 7: Global: Solar Panel Market Forecast: Volume Trends (in Gigawatt), 2017-2022
Figure 8: Global: Solar Panel Market Forecast: Value Trends (in Million US$), 2017-2022
Figure 9: Global: Solar Panel Industry: SWOT Analysis
Figure 10: Global: Solar Panel Industry: Value Chain Analysis
Figure 11: Global: Solar Panel Industry: Porter’s Five Forces Analysis
Figure 12: Global: Crystalline Silicon Market: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 13: Global: Thin Film Market: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 14: China: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 15: Japan: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 16: United States: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 17: Germany: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 18: Italy: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 19: United Kingdom: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 20: Global: Solar Panel Market: Commercial Application: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 21: Global: Solar Panel Market: Residential Application: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 22: Global: Solar Panel Market: Power Utilities: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 23: Solar Panel Manufacturing Process: Detailed Process Flow
Figure 24: Lead Battery Manufacturing Process: Detailed Process Flow
Figure 25: Solar Electric System Manufacturing Plant: Various Unit Operations Involved
Figure 26: Solar Panel Manufacturing Process: Conversion Rate of Products
Figure 27: Lead Battery Manufacturing Process: Conversion Rate of Products
Figure 28: Solar Electric System Manufacturing Plant: Proposed Plant Layout
Figure 29: Solar Electric System Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 30: Solar Electric System Industry: Breakup of Profit Margins at Various Level of the Value Chain
Figure 31: Solar Electric System Manufacturing Plant: Breakup of Operating Costs (in %)
Figure 1: Global: Solar Panel Market: Volume Trends (in Gigawatt), 2009-2016
Figure 2: Global: Solar Panel Market: Value Trends (in Million US$), 2009- 2016
Figure 3: Global: Solar Panel Market: Price Trends (in US$/ Watt), 2009-2016
Figure 4: Global: Solar Panel Market: Breakup by Type (in %), 2016
Figure 5: Global: Solar Panel Market: Breakup by Region (in %), 2016
Figure 6: Global: Solar Panel Market: Breakup by End-use (in %), 2016
Figure 7: Global: Solar Panel Market Forecast: Volume Trends (in Gigawatt), 2017-2022
Figure 8: Global: Solar Panel Market Forecast: Value Trends (in Million US$), 2017-2022
Figure 9: Global: Solar Panel Industry: SWOT Analysis
Figure 10: Global: Solar Panel Industry: Value Chain Analysis
Figure 11: Global: Solar Panel Industry: Porter’s Five Forces Analysis
Figure 12: Global: Crystalline Silicon Market: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 13: Global: Thin Film Market: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 14: China: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 15: Japan: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 16: United States: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 17: Germany: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 18: Italy: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 19: United Kingdom: Solar Panel Market Forecast: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 20: Global: Solar Panel Market: Commercial Application: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 21: Global: Solar Panel Market: Residential Application: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 22: Global: Solar Panel Market: Power Utilities: Volume Trends (in Megawatt), 2009, 2016 & 2022
Figure 23: Solar Panel Manufacturing Process: Detailed Process Flow
Figure 24: Lead Battery Manufacturing Process: Detailed Process Flow
Figure 25: Solar Electric System Manufacturing Plant: Various Unit Operations Involved
Figure 26: Solar Panel Manufacturing Process: Conversion Rate of Products
Figure 27: Lead Battery Manufacturing Process: Conversion Rate of Products
Figure 28: Solar Electric System Manufacturing Plant: Proposed Plant Layout
Figure 29: Solar Electric System Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 30: Solar Electric System Industry: Breakup of Profit Margins at Various Level of the Value Chain
Figure 31: Solar Electric System Manufacturing Plant: Breakup of Operating Costs (in %)
LIST OF TABLES
Table 1: Global: Solar Panel Market: Key Industry Highlights, 2016 and 2022
Table 2: Global: Solar Panel Market: Breakup by Type, 2017-2022
Table 3: Global: Solar Panel Market: Breakup by Region, 2017-2022
Table 4: Global: Solar Panel Market: Breakup by End-Use, 2017-2022
Table 5: Global: Solar Electric System: Competitive Structure
Table 6: Global: Solar Panel Market: Shipping Capacities of Key Players
Table 7: Solar Electric System Manufacturing Plant: Raw Material Requirements
Table 8: Solar Electric System Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 9: Solar Electric System Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 10: Solar Electric System Manufacturing Plant: Machinery Costs (in US$)
Table 11: Solar Electric System Manufacturing Plant: Raw Material Requirements and Expenditure
Table 12: Solar Electric System Manufacturing Plant: Costs Related to Utilities
Table 13: Solar Electric System Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Solar Electric System Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: Solar Electric System Manufacturing Plant: Capital Costs (in US$)
Table 17: Solar Electric System Manufacturing Plant: Techno-Economic Parameters
Table 18: Solar Electric System Manufacturing Plant: Income Projections (in US$)
Table 19: Solar Electric System Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Solar Electric System Manufacturing Plant: Taxation (in US$)
Table 21: Solar Electric System Manufacturing Plant: Depreciation (in US$)
Table 22: Solar Electric System Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: Solar Electric System Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: Solar Electric System Manufacturing Plant: Profit and Loss Account (in US$)
Table 1: Global: Solar Panel Market: Key Industry Highlights, 2016 and 2022
Table 2: Global: Solar Panel Market: Breakup by Type, 2017-2022
Table 3: Global: Solar Panel Market: Breakup by Region, 2017-2022
Table 4: Global: Solar Panel Market: Breakup by End-Use, 2017-2022
Table 5: Global: Solar Electric System: Competitive Structure
Table 6: Global: Solar Panel Market: Shipping Capacities of Key Players
Table 7: Solar Electric System Manufacturing Plant: Raw Material Requirements
Table 8: Solar Electric System Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 9: Solar Electric System Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 10: Solar Electric System Manufacturing Plant: Machinery Costs (in US$)
Table 11: Solar Electric System Manufacturing Plant: Raw Material Requirements and Expenditure
Table 12: Solar Electric System Manufacturing Plant: Costs Related to Utilities
Table 13: Solar Electric System Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Solar Electric System Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Details of Financial Assistance Offered by Financial Institutions
Table 16: Solar Electric System Manufacturing Plant: Capital Costs (in US$)
Table 17: Solar Electric System Manufacturing Plant: Techno-Economic Parameters
Table 18: Solar Electric System Manufacturing Plant: Income Projections (in US$)
Table 19: Solar Electric System Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Solar Electric System Manufacturing Plant: Taxation (in US$)
Table 21: Solar Electric System Manufacturing Plant: Depreciation (in US$)
Table 22: Solar Electric System Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
Table 23: Solar Electric System Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 24: Solar Electric System Manufacturing Plant: Profit and Loss Account (in US$)
