China Solar PV (Photovoltaic) Market Analysis by Cells Technology, by Solar Module & by End-user with Regional Outlook & Forecast to 2025

Market Overview

China installation of solar energy system has outperformed globally. China is moving close to curb the carbon emissions; and thus government is inclining towards using renewable energy source, majorly solar energy, and casting out the coal mining and coal-burning power plants. After the successful installation of 43 GW of solar power in 2017, China is expected to install 54 GW (Gigawatt) of solar energy, surpassing the capacity of Japan in 2018. PV cells are in general used in the country to facilitate the generation of solar electricity. In 2017, China has installed world’s largest floating solar power plant with a power output capacity of 40 MW. PV technologies have increased over the period of time from first generation to fourth generation technology. Further, it analyzed that from 2019 onwards, installation of PV is expected to decline in China on account of government notice to withdraw their 6 months grace period for PV power projects policy and thus, various domestic companies such as Beijing Enterprises Group Co. Ltd. and Astronergy Solar Inc. are taking follow-up actions. Goldstein Research analyst forecast that the China solar PV market is set to reach nearly USD 65.8 billion by 2024, growing at a CAGR of 8.3% over the forecast period (2017-2025).

China Solar PV Industry Segmentation

By PV Cells Technology

• Inorganic cell
• Organic cells

By Solar Module

• Monocrystalline silicon cells
• Polycrystalline silicon cells
• Thin-Film Solar Cells
• Amorphous silicon cells
• Concentrated PV Cell (CVP)
• Others

By End-User

• Industrial
• Commercial
• Residential

Market Share by Cell Technology

On the basis of technology, inorganic cells segment dominated the market with a share of nearly 60% on the back of its continuous use in different sectors of the economy. Over the forecast period organic cells market share is expected to grow at a higher CAGR of 10.3%.

Covered in this China Solar PV Market Report

The report covers the present ground scenario and the future growth prospects of the solar PV market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the China region.

China Solar PV Industry Analysis 2017-2025, has been prepared based on an in-depth market research from PV market experts. The report covers the competitive landscape and current position of major players in the China solar PV market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “China Solar PV Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Key Market Players

Our China solar PV market report comprises of the following companies as the key players.

•  CHINT Group Corporation
•  JA Solar Holdings
•  Sungrow Power Supply Co. Ltd
•  Jinniu Energy
•  China Sunergy
•  Hanwha SolarOne
•  Huawei Technologies
•  Trina Solar
•  Xiamen Kehua Hengsheng Co. Ltd
•  Yingli Sola
•  Jinko Solar
•  Renesola

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the PV market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this China Solar PV Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for China solar PV market
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