Global Solar Panels 2021 : Market Size, Share, Trends, Growth and Forecast – Acute Market Reports
Acute Market Reports announces that it has published a new study Solar Panels: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has 537 pages, 212 tables and figures. Worldwide markets for solar panels are growing as units become more efficient and less costly for generating electricity. Rapid adoption of solar panels worldwide is occurring as systems provide peak power efficiently.
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The ability to remain competitive depends upon the ability to develop technologically advanced products and processes. What better investment in infrastructure on the part of a government than solar power? Cheap energy promises to provide water, cheap manufacturing, electric vehicles, all sorts of things more useful than a war that the government might alternatively spend its money on.
Main areas of solar panels is for: large scale utility systems connected to the electrical grid. Residential and commercial markets are evolving further.
Solar panel market driving forces relate primarily to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts agree, a tipping point has been reached, solar panel markets are at the critical point in the market development, where an inevitability of adoption is certain. Solar panels markets have been an up and down evolving situation that was completely dependent on government subsidies.
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Now the government subsidies seem certain. Market development without government subsidies seems certain. Utilities have to have solar energy. Governments have to have solar energy. People have to have solar energy. The stability of the solar panel market leads to a new and irreversible positive thrust for the market. Market development is certain to occur, the question is simply how fast.
Solar panel markets have crossed a threshold and gains will possibly have significant momentum, triggered by the technology. Solar panel adoption is now a dynamic process of innovation, insight, and influence through advocacy. The critical point in solar panel adoption is a process that is now unstoppable.
The growth of solar has been driven by a single paradigm at the federal and state levels worldwide. Now, with China so entirely dedicated to making solar less expensive than coal electrical generation, solar energy will take hold worldwide. Almost all solar has taken advantage of — and needed to take advantage of — state-level incentives.
China has had government subsidies for a long time. This continues to be the case, but in China now, grid parity is a result of taxing coal electrical generation, making solar panels attractive. The US is poised to see rapid adoption of solar panels in various regions.
According to Susan Eustis, the lead author of the team that created the study, “Solar panel market driving forces relate primarily to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts agree, a tipping point has been reached, solar panel markets are at the critical point in the market development, where an inevitability of adoption is certain. Utilities have to have solar energy to meet the regulatory requirements. Governments have to have solar energy to achieve clean air standards. People have to have solar energy to charge electric cars. The stability of the solar panel market leads to a new and irreversible positive thrust for the market. Market development is certain to occur, the question is simply how fast.”
Solar panels have moved from the trial stage to the early adopter stage. Markets at $24.2 billion in 2014 are expected to reach $180.7 billion by 2021. Growth is expected to achieve rapid adoption of renewable energy.
SOLAR PANEL MARKET EXECUTIVE SUMMARY 34
Solar Panels Use Inexpensive, Lasting Energy From The Sun 34
China Achieves Grid Parity For Solar 35
PV Market Impacted By Huge Investment China Made In Solar Panel Manufacturing Capacity 35
In US Aim Is For Solar To Offer A Customer 10 Percent Net Savings In Year One 36
European Utilities Struggle with Solar 36
Solar Market Driving Forces 37
Drop In Solar Installation Costs 41
Solar Panel Market Shares 42
Solar Panel Market Forecasts 44
Browse For Complete Report Here : Solar Panels: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021
1. SOLAR PANEL MARKET DESCRIPTION AND MARKET DYNAMICS 46
1.1 Solar Power Plants 46
1.1.1 Sun Is The Earth’s Most Abundant And Primary Source Of Energy 47
1.1.2 Sunlight Intensity in Various Regions 47
1.1.3 Average Solar Irradiance 49
1.1.4 Global Solar Resources for PV Photovoltaic Technologies 50
1.1.5 Economics of PV 51
1.1.6 Sunshine Index 53
1.1.7 Map of Solar Electricity Potential in Europe 54
1.1.8 Solar Energy Large-Scale Production 57
1.1.9 World’s Largest PV Installation German Solar 58
1.2 Solar and Climate Change 60
1.3 Solar Panel Technological Innovation 63
1.3.1 PV Cell Device Made From Polysilicon Wafers 63
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