Photovoltaic plastic panel market analysis report

How is the solar photovoltaic market segmented?

The Solar Photovoltaic (PV) Market is segmented by product type, end-user, deployment and geography. By product, the market is segmented by thin film, multi-si, and mono-si. By end-user, the market is segmented by residential, commercial, and utility. By deployment, the market is segmented into ground-mounted and rooftop solar.

How will the photovoltaic materials market grow?

The growing number of companies engaged in the manufacturing of photovoltaic materials is expected to further augment market growth. The industry is highly fragmented owing to the presence of a large number of small and large manufacturers.

Which region is the largest market for photovoltaic modules?

The Asia Pacific is the largest regional market with a share of over 60% in 2016. The presence of a large number of PV module manufacturers in China and India is responsible for a high market share. The growing export of PV modules to North America and Europe is driving the consumption of photovoltaic materials.

Are solar PV panels profitable?

Companies in the commercial and industrial sectors are among the major consumers of solar photovoltaic panels owing to the large-scale demand for green energy. Installation economies of scale in these sectors compensate for any loss in panel efficiency, making solar PV systems profitable for large-scale generation.

What are the major photovoltaic material segments?

Major photovoltaic material segments are polycrystalline silicon, monocrystalline silicon, copper indium gallium selenide, and cadmium telluride. Polycrystalline silicon and monocrystalline silicon are the major segments.