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North America Solar Photovoltaic (PV) Market is Expected to Reach $5778.94 million in 2018


Post Date: 05 Sep 2014    Viewed: 362

The North America Solar Photovoltaic (PV) Market report defines and segments the Solar Photovoltaic (PV) market in North America with analysis and forecast of revenue. The Solar Photovoltaic (PV) market in North America is estimated to grow from around $2874.85 million in 2013 to $5778.94 million by 2018, at a CAGR of 15%, for the given period.

Browse through the TOC of the North America Solar Photovoltaic (PV) Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North America Solar Photovoltaic (PV)market, and is supported by various tables and figures.

In North America, the increasing energy consumption, low operation and maintenance cost, environmental and increasing investments in clean energy are increasing the demand of energy generation. Increase in population and high electricity costs from other sources have positively impacted the Solar Photovoltaic (PV) market. These factors have been major drivers for the Solar Photovoltaic (PV) market. The increasing price of electricity will enhance the demand for easily available cheap electricity through solar power. The U.S. is the biggest market in the North America, and as of 2013, contributed more than 50% to the Solar Photovoltaic (PV) market in North America.

This market is projected and forecasted on the basis of geography. The geography includes major countries, such as the U.S., Canada and Mexico.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide solar Photovoltaic (PV).

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Europe Solar Photovoltaic (PV) Market

The European Solar Photovoltaic Market (SPV) was estimated to be $38388.4 million by 2013 and is forecasted to reach $63886.39 million by 2018, growing at a CAGR of 10.7% from 2013 to 2018. Germany market in solar photovoltaic accounted for $21209.57 million in 2013.

The report "Europe Solar Photovoltaic Market forecast, 2014-2019" analyses the solar photovoltaic by technology, application, and geography. In terms of geography, the report is segmented into countries such as Germany, Italy, Czech Republic, Spain and Others. Solar PV technology can be used for residential, commercial, industrial, and utility-scale operations

Solar PV technologies can be classified under crystalline or thin film technologies. Crystalline technologies can be further classified into single crystal silicon, polycrystalline silicon, and gallium arsenide. Thin film technologies also have three sub-types, viz. cadmium telluride, copper indium diselenide, and amorphous silicon.

Asia-Pacific Solar Photovoltaic (PV) Market

Solar PV technologies can be classified under crystalline or thin film technologies. Crystalline technologies can be further classified into single crystal silicon, polycrystalline silicon, and gallium arsenide. Thin film technologies also have three sub-types, viz. cadmium telluride, copper indium diselenide, and amorphous silicon.

The solar PV market in Asia-Pacific is focusing on particular goals like to fulfill the energy crunch experienced by many countries of the region and to promote the clean energy concept. Country such as China has launched Golden Sun program in order to support the solar energy market. The PV market in Japan has experienced growth primarily due to the country being hit by earthquake and nuclear plant tragedy that hampered the energy sector of the country. As such Solar PV technology started taking its place. Asia-Pacific accounted for 10% of the total solar PV market.

 


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