“Global Concentrated Photovoltaic Systems Market 2018-2022” presents an in-depth assessment of the Concentrated Photovoltaic Systems including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Concentrated Photovoltaic Systems investments from 2018 till 2022.
MIR’s analysts forecast the global concentrated photovoltaic systems market to grow at a CAGR of 11.63% during the period 2018-2022.
This report provides a detailed analysis of the Concentrated Photovoltaic Systems market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Essential points covered in Global Concentrated Photovoltaic Systems Market 2018 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the Global Concentrated Photovoltaic Systems market?
- What are the key market trends impacting the growth of the Global Concentrated Photovoltaic Systems market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Concentrated Photovoltaic Systems market?
- What are the market opportunities and threats faced by the vendors in the Global Concentrated Photovoltaic Systems market?
- What are the key outcomes of the five forces analysis of the Global Concentrated Photovoltaic Systems market?
This independent 106 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Concentrated Photovoltaic Systems market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.
Furthermore, the report provides a detailed analysis of the Global Concentrated Photovoltaic Systems market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
The market is divided into the following segments based on geography: Americas, APAC, EMEA.
Companies Mentioned are – Arzon Solar, BSQ Solar, Guangdong Redsolar Photovoltaic Technology, Magpower, Saint-Augustin Canada Electric, and Sanan Optoelectronics.
MIR Announces the Publication of its Research Report: Global Concentrated Photovoltaic Systems Market 2018-2022
MIR recognizes the following companies as the key players in the global concentrated photovoltaic systems market: Arzon Solar, BSQ Solar, Guangdong Redsolar Photovoltaic Technology, Magpower, Saint-Augustin Canada Electric, and Sanan Optoelectronics.
Commenting on the report, an analyst from MIR’s team said: One trend in the market is rising patent filings. The global concentrated photovoltaic systems market has witnessed increased expenditure by vendors on R&D activities, leading to product innovation and rise in conversion efficiency. The increased investment in renewables worldwide, especially solar and wind, is expected drive the global concentrated photovoltaic systems market. The market is expected to witness the development of products during the forecast period.
According to the report, one driver in the market is advantages of CPV systems. CPV systems generate approximately two to three times more energy per module area than solar PV systems. The CPV technology is best suited for very sunny, desert-like locations with high solar irradiation. These are similar to solar PV as both employ solar cells that convert sunlight into electricity.
Further, the report states that one challenge in the market is declining cost of solar PV modules. Though CPV systems offer many advantages over flat panel solar PV systems, one of the major challenges for the CPV technology is the decline in solar PV module prices. This has caused many CPV manufacturing companies to enter bankruptcy, or be acquired by larger firms, or shift to manufacturing of solar PV modules. This has made the solar PV market regain focus.
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. For further information on this report, please visit- https://www.MIR.com/report/global-concentrated-photovoltaic-cpv-systems-market-analysis-share-2018.
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