Solar Energy Market Revenue, Demand, Share, Size | Global Industry Analysis and Research Report 2020

Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Solar Energy market during theforecast period of 2020-2027.

Theincreasing need for sustainable urban living and minimization of the dependencyon fossil-fuel power generation is projected to fuel the system's demand overthe forecast period. The emerging markets and the increasing industries incountries like India, Russia, Brazil, and China are actively choosingrenewables over fossils.

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Further key findings fromthe report suggest

·       Europeaccounted for the largest market share of the solar energy market in 2019 dueto the favorable regulatory framework, such as incentives and tax rebates oninstalling the solar panels.

·       The AsiaPacific region is expected to be the fastest-growing region over the forecastperiod due to the increasing installations of the solar panels in countries suchas Japan, India, and China.

·       Keyparticipants include Borrego Solar Systems Inc., Abengoa Solar SA, AREVA,BrightSource Energy Inc., Acciona Energia, S.A., ESolar Inc., Tata Power Solar,First Solar Inc., Evergreen Solar Inc., and Canadian Solar, among others.

Furthermore,the report offers insights into the segmentation of the Solar Energy industrybased on product types, applications, end-user, technology, and key regions. Thestudy also assesses the market segment expected to show significant growth inthe coming years.

·       Technology Outlook (Revenue, USD Billion;2017-2027)

o   Concentrated Solar Power(CSP)

o   Solar Photovoltaic (PV)

·       Application Outlook (Revenue, USD Billion;2017-2027)

o   Commercial

o   Residential

o   Industrial

·       End-Use Outlook (Revenue, USD Billion; 2017-2027)

o   Lighting

o   Charging

o   Electricity generation

o   Heating

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