Selbyville, DE -- (SBWIRE) -- 06/17/2019 -- Global Crystalline Silicon PV market size will increase to 206200 Million US$ by 2025, from 87400 Million US$ in 2018, at a CAGR of 11.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Crystalline Silicon PV.
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Crystalline silicon PV is made of highly pure silicon wafers that are further used to convert the solar energy into electrical energy. Crystalline silicon (c-Si) is one of the most widely used semiconductor material in photovoltaic (PV) technology to manufacture solar cells. c-Si occupies more than 90% of the total PV market revenue owing to its several benefits such as improved efficiency.
The world crystalline silicon PV market is driven by heightened demand of renewable energy and increase in electricity demand, which is further supported by the rise in population globally. Limited availability of fossil fuels and strict government regulations on carbon emission create the strong need for efficient and cost-effective renewable energy sources such as solar energy. Crystalline silicon solar cells are highly efficient as compared to its rival technologies, for instance, amorphous silicon and non-silicon solar cells. However, high initial investment and reduced efficiency of crystalline silicon at very high temperatures restrain the market growth. Technological advancements in the field of solar cells to increase efficiency and rise in government spending on renewable energy projects are expected to provide growth opportunities in the market.
How extensively has the industry been segmented in terms of the product and application landscapes?
The report encompasses a generic outline of the Crystalline Silicon PV market with respect to the product types as well as applications.
The product landscape, as claimed by the report, is classified into the type such as Mono-Crystalline and Multi-Crystalline.
The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
Considering the application terrain, the report effectively categorizes the same into Utility-Scale, Commercial and Residential.
The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.
The competitive spectrum holds a pivotal position in the Crystalline Silicon PV market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.
As per the report, the Crystalline Silicon PV market is segmented into Hanwha Q CELLS, SolarWorld AG, JA Solar Holdings, Yingly Solar, Sharp Corporation, Jinko Solar, Canadian Solar, China Sunergy, Trina Solar Limited and SunPower Corporation with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.
Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the Crystalline Silicon PV market:
The study extensively elaborates on the geographical expanse of the Crystalline Silicon PV market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Crystalline Silicon PV market report.
Table of Contents:
1 Study Coverage
1.1 Crystalline Silicon PV Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Crystalline Silicon PV Market Size Growth Rate by Type
1.5 Market by Application
1.5.1 Global Crystalline Silicon PV Market Size Growth Rate by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Crystalline Silicon PV Production
2.1.1 Global Crystalline Silicon PV Revenue 2014-2025
2.1.2 Global Crystalline Silicon PV Production 2014-2025
2.1.3 Global Crystalline Silicon PV Capacity 2014-2025
2.1.4 Global Crystalline Silicon PV Marketing Pricing and Trends
2.2 Crystalline Silicon PV Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Crystalline Silicon PV Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
3.1 Crystalline Silicon PV Production by Manufacturers
3.1.1 Crystalline Silicon PV Production by Manufacturers
3.1.2 Crystalline Silicon PV Production Market Share by Manufacturers
3.2 Crystalline Silicon PV Revenue by Manufacturers
3.2.1 Crystalline Silicon PV Revenue by Manufacturers (2014-2019)
3.2.2 Crystalline Silicon PV Revenue Share by Manufacturers (2014-2019)
3.3 Crystalline Silicon PV Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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