Market research Future Solar Panels Market Ressearch Report 2018. | Page 2

Solar Panels Market industry Research Report- Forecast to 2023 1 Summary A solar panel is a flat construction device that has collection of solar cells or photovoltaic that can generate electricity. These cells can be arranged in a grid like pattern on the surface of solar panels. Solar panels are operated by the positive and negative doped silicon working in conjunction with the conductors on alternately charged surfaces. Electricity is generated when photons (sunlight) strike the surface and causes flow of electrons. A solar panel is a silicon based layered semiconductor module that can produce electricity from sun light. This photovoltaic effect is created by the flow of electrons inside the module, which can be maximized by the increased hours of exposure to sunlight. Solar panels have been dominating the renewable energy market in recent years because of the ability of solar power to reach grid parity as conventional energy resources and technological development. Key Players: The key players of solar panel market are Trina Solar Limited (China), Canadian Solar Inc. (Canada), Jinko Solar Holding Co., Ltd. (China), JA Solar Holdings Co., Ltd. (China), Hanwha Q CELLS Co., Ltd., (South Korea), ABROS green GmbH (Germany), Yingli Solar (China), SunPower Corporation (U.S.A), Abengoa Solar (Spain), eSolar, Inc. (U.S.A). Page | 2 Copyright © 2018 Market Research Future.