China Japan Australia India United States
Company Coverage Trina Solar Ltd . Canadian Solar , Inc . JinkoSolar Holding Co ., Inc .
Executive Summary The global solar PV market witnessed an upsurge at a significant CAGR during the span of 5 years , i . e ., 2010-2015 , in terms installed capacity and projections are made that the market would rise in the next five years i . e . 2016-2020 tremendously . The market is spread across Asia Pacific , America , Europe , Middle East & Africa and rest of the World . Among these regions , Asia-Pacific held the largest share with China leading the market , followed by Europe with United Kingdom dominating the market and the America with the United States directing the market in 2015 .
The solar PV market can be segmented on the basis of equipments . One of the major equipments in the market is the solar PV inverter . The global market for solar PV inverter depicted a fluctuating trend during 2010-2015 but is anticipated to rise during the forecast period , in terms of value . The market can be segmented on the basis of power class into micro inverters , single phase inverters , three phase low power inverters , three phase medium power inverters and three phase high power inverters . Of all , micro inverters dominate the market , followed by single phase and three phase low power inverters .
The major growth drivers for the global solar PV market are : rise in electricity generation from solar PV , decline in the average installed cost of solar PV systems , regular government initiatives & subsidies and solar PV being the best suited alternative to fossil fuels . Despite the market is governed by various growth drivers , there are certain challenges faced by the market such as : environmental issues relating to the manufacturing & installation process of solar PV , low efficiency and economic instability .
Browse Complete Report @ http :// www . orbisresearch . com / reports / index / global-solar-pv-marketwith-focus-on-solar-pv-inverter-market-2016-2020 .
Some points from TOC : 1 . Executive Summary
2 . Introduction 2.1 Introduction to Solar Photovoltaic ( PV ) 2.1.1 Advantages and Disadvantages of Solar Photovoltaics 2.1.2 Solar Photovoltaic Equipments 2.2 Solar PV Cell Technology
www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019