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2020-09-01
739
China
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 Market Intelligence analyst forecast that the China solar PV market is set to grow at a CAGR of 8.3% over the forecast period (2017-2030).
By PV Cells Technology
By Solar Module
By End-User
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%.
The report covers the present ground scenario and the future growth prospects of the solar PV market for 2017-2030 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 2017-2030, 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.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "China Solar PV Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our China solar PV market report comprises of the following companies as the key players.
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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