China Solar Market Share Analysis & Industry Forecast 2017-2025

Posted on 2018-11-19 by Goldstein Research in Energy // 0 Comments

New York,USA, 2018-Nov-19 — /EPR Network/ —Globally 2.9 trillion has been spent on green energy sources, and China secures one of the top positions on the back of intense push towards solar power. Advancing technologies have increased the scope of solar energy such solar steam technologies that heat the fluid to create steam and generate the electricity. According to Goldstein Research, China government is making investments in green power market and casting out the coal mining and coal-burning power plants. Advancing technologies have increased the scope of solar energy such solar steam technologies that heat the fluid to create steam and generate the electricity. China solar industry outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe. Additionally, China is regarded as the driving power behind the growth of global solar energy, where it had invested USD 86.5 billion in early 2018.

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Market Segmentation

On the basis of our in-depth analysis, China solar industry can be segmented as follows:

By Technology

Photovoltaic cells
Inorganic cell
Organic cells
Solar Thermal
parabolic troughs
Solar power towers
Solar Dish

By Equipment

Power Generation
Storage
Transmission and Distribution

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

On the basis of technology, photovoltaic cells (PVC) segment dominated the market with a share of nearly 60% on the back of its continuous use in different sectors of the economy. According to Goldstein research, china PVC 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).

On the other, such advancements in solar industry and government inclination towards using renewable energy sources are driving the growth of installations of solar farms in China. China has completed the world’s largest floating solar farm with an operational capacity of 40 MW and it is expected to reach 150 MW in 2018, benefitting nearly 15,000 homes. Thus China solar farm market is set to reach nearly USD 60 billion by 2024, growing at a CAGR of 9.1% over the forecast period (2017-2025).

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“China Solar industry Outlook 2025” contains detailed overview of the China solar industry. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, by equipment, solar module and by end users.

Further, for the in-depth analysis, China Solar Industry Analysis encompasses the industry growth drivers, market challenges, market attractiveness, BPS (Base Point Scale) analysis, risk analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as CHINT Group Corporation, JA Solar Holdings, Sungrow Power Supply Co. Ltd, Jinniu Energy, China Sunergy, Hanwha Solar One etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the China Solar industry trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Key questions answered in this China solar industry report

What is the China solar industry size by 2025 and what would be the expected growth rate of the industry?
What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
What are the solar industry trends?
What are the factors which are driving this industry?
What are the major barriers to solar industry growth?
Who are the key vendors in this industry space?
What are the industry opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?

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