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The grid connected pv systems market is forecasted to grow by USD 151.1 billion during 2023-2028, accelerating at a CAGR of 12.13% during the forecast period. The report on the grid connected pv systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages associated with grid-connected pv systems, declining cost of solar pv systems, and favorable government regulations.
The grid connected pv systems market is segmented as below:
By End-user
- Non-residential
- Residential
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the grid connected pv systems market covers the following areas:
- Grid connected pv systems market sizing
- Grid connected pv systems market forecast
- Grid connected pv systems market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global grid connected pv systems market: ABB, Canadian Solar Inc., Delta Electronics Inc., Emeren Group Ltd., First Solar Inc., Flin Technologies Pvt. Ltd., Hanwha Corp., Huawei Technologies Co. Ltd., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., KACO new energy, Kyocera Corp., LG Electronics Inc., Luminous Power Technologies Pvt. Ltd., Lumos Global BV, Panasonic Holdings Corp., Shenzhen Kstar Science and Technology Co. Ltd., SMA Solar Technology AG, SolarEdge Technologies Inc., and Trina Solar Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of microgrids."
According to the report, one of the major drivers for this market is the advantages associated with grid-connected pv systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- Canadian Solar Inc.
- Delta Electronics Inc.
- Emeren Group Ltd.
- First Solar Inc.
- Flin Technologies Pvt. Ltd.
- Hanwha Corp.
- Huawei Technologies Co. Ltd.
- JA Solar Technology Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- KACO new energy
- Kyocera Corp.
- LG Electronics Inc.
- Luminous Power Technologies Pvt. Ltd.
- Lumos Global BV
- Panasonic Holdings Corp.
- Shenzhen Kstar Science and Technology Co. Ltd.
- SMA Solar Technology AG
- SolarEdge Technologies Inc.
- Trina Solar Co. Ltd.