Published March 2, 2018
Photovoltaic cells are the type of cells which look similar to solar panels but they work in a different manner. Solar panels are used to produce hot water or steam. Photovoltaic panels convert the sunlight directly into electricity. A typical example of a device powered by photovoltaic cells is a solar-powered calculator. This type of device only needs a small amount of electrical power to work and can even be used in a room with artificial light. Although we see photovoltaic cells powering small devices such as calculators they have a more practical application especially in the third world. Photovoltaic cells have been developed to provide electrical power to pump drinking water from wells in remote villages. British Telecom has developed a system that can be used to power a radiotelephone system.
Europe Photovoltaic Market Report Segments Size & Growth:
Europe Photovoltaic Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increasing demand for solar systems in residential applications, the decline in the cost of the photovoltaic, and supportive government policies and initiatives. However, the high cost of installation, storage, and power conversion devices, and an inadequate number of certified installers are thereby hampering the market growth.
The drop in the photovoltaic cost is one of the major factors driving the market. In 2017, photovoltaic module prices reduced by 75%, as compared to that in 2009. The fall of cost can be mainly attributed to the improvement in material efficiency, production optimization, and economies of scale. Photovoltaic modules can be installed at the utility, commercial, and residential scales. Volatility in crude oil price, the environmental concern of hydropower, and risk of nuclear radiation accidents in nuclear power plants provide a great opportunity for solar power to meet the increasing demand of energy soon. This would, in turn, have a positive impact on the growth of Europe photovoltaic market.
Europe Photovoltaic Market Report Segments Share:
Europe Photovoltaic Market is categorized into a type which comprises of organic PV, and inorganic PV. On the basis of the component, the market is segmented into cells, optics, and trackers. On the basis of application, the market is segmented into residential applications, non-residential, and utility applications. Among them, the utility segment accounted for the largest market size in 2017 at 59% because of growing usage of photovoltaics in power plants, military applications, and other utility applications such as space & defense, industrial projects, and so on. On the basis of Geography, UK and Germany are projected to dominate the market with largest share and France has been the fastest growing region during the forecast period because of growth in the technological advancements, government regulations, and emerging markets. In addition, the increasing focus of players on the development of new products is likely to accelerate the growth of Europe in the next few years. The leaders in photovoltaic capacity per inhabitant were Germany and Belgium.
Europe Photovoltaic Market Report Trends:
solar power plant in Andhra Pradesh.
Europe Photovoltaic Market Report Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
The major market players, such as
Along with these companies, there were many other companies considered/cited in the report while analyzing the Europe Photovoltaic market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.4 SWOT Analysis
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1.1 Increasing Demand for Solar Systems in Residential Applications
4.1.2 Supportive Government Policies and initiatives
4.1.3 Decline in cost of the photovoltaic
4.2.1 High Cost of installation, Storage, And Power Conversion Devices
4.2.2 Inadequate Number of Certified installers
4.3.1 Decreasing Costs of Solar Systems and Energy Storage Devices
4.3.2 Increasing Prices of Fossil Fuels
4.4.1 Availability of Operational Land
Chapter 5 Europe Photovoltaic Market– By Type
5.1 Organic PV
5.2 Inorganic PV
Chapter 6 Europe Photovoltaic Market– By Component
6.1.1 Crystalline Silicon PV Cells
22.214.171.124 Monocrystalline Silicon PV Cells
126.96.36.199 Multicrystalline Silicon PV Cells
6.1.2 Thin Film PV Cells
188.8.131.52 Amorphous Silicon (A-Si) Thin Film PV Cells
184.108.40.206 Cadmium Telluride (CDTE) Thin Film PV Cells
220.127.116.11 Copper indium (Gallium) Diselenide (Cis or Cigs) Thin Film PV Cells
18.104.22.168 Other Thin Film PV Cells
Chapter 7 Europe Photovoltaic Market- By Applications
7.1 Residential Applications
7.2 Non-Residential Applications
7.3 Utility Applications
7.3.1 Power Plants Applications
7.3.2 Military & Space Applications
Chapter 8 Europe Photovoltaic Market- By Geography
8.7 Rest of Europe
Chapter 9 Europe Photovoltaic Market- Company Profiles
9.1 Kaneka Corporation
9.2 Kyocera Corporation
9.3 Mitsubishi Electric Corporation
9.4. Panasonic Corporation
9.5 Sharp Corporation
9.6 Sunpower Company
9.7 Jinko Solar
9.8 China Sunergy
9.9 Suntech Power Holdings Co. Ltd
9.10 Trina Solar
9.11 Yingli Green
9.12 Canadian Solar Inc.
9.13 Bosch Solar Energy AG
9.14 BP Solar
9.15 Greenshine New Energy
Chapter 10 Europe Photovoltaic Market- Competitive Landscape
10.1. Market Share Analysis
10.2. Strategies Adopted by top companies
10.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 11 Market Insights
11.1. Industry Experts Insights
11.2. Analysts Opinions
11.3. Investment Opportunities
Chapter 12 Appendix
12.1 List of Tables
12.2 List of Figures