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Asia Pacific Photovoltaic Market Forecast to 2027-COVID-19 Impact and Regional Analysis By Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers)

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Asia Pacific Photovoltaic Market Forecast to 2027-COVID-19 Impact and Regional Analysis By Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers)
Published: May 15, 2020 Content info: 101 Pages
Description

Photovoltaic Market to 2027- Covid-19 Impact and Asia-Pacific Analysis By Application (Residential Applications, Commercial, Utility Applications); Type (Organic Components, Inorganic Components); Component (Cells, Optics, Trackers); and Country

The photovoltaic market in Asia Pacific was valued at US$ 94.81 billion in 2019 and is projected to reach US$ 407.93 billion by 2027; it is expected to grow at a CAGR of 20.0% during the forecast period. Several initiatives have been taken by governments in APAC to minimize the cost of the overall set-up to maximize the far-reaching bene?ts of an of-grid option in rural electri?cation, along with uplifting the focus toward sustainable environmental conditions. Moreover, several countries, such as China have established policies to enhance the production level of photovoltaic solar power energy. Further, several public and private associations have been established to fuel the demand for photovoltaic systems across the world. These factors are likely to drive the photovoltaic market in Asia Pacific.

The inorganic components segment by type led the photovoltaic market with a decent market share in 2019. The inorganic semiconductor materials used to produce photovoltaic cells include amorphous and microcrystalline Si, the III-V compounds and alloys, CdTe, crystalline, multicrystalline, chalcopyrite compound, and copper indium gallium diselenide (CIGS).

Overall size of the photovoltaic market in Asia-Pacific has been derived using primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific photovoltaic market. It also provides an overview and forecast for the photovoltaic based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Photovoltaic industry. Mitsubishi Electric Corporation, Panasonic Corporation, and Kaneka Corporation are among the market players present in the Asia Pacific photovoltaic market.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific Photovoltaic market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific Photovoltaic market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
Product Code: TIPRE00010878

TABLE OF CONTENTS

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 Photovoltaic Market, by Application
    • 1.3.2 Photovoltaic Market, by Type
    • 1.3.3 Photovoltaic Market, by Component
    • 1.3.4 Photovoltaic Market, by Country

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Photovoltaic Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
    • 4.2.1 Asia Pacific

5. Photovoltaic Market - Asia-Pacific Market Analysis

  • 5.1 Asia-Pacific Photovoltaic Market Overview
  • 5.2 Asia-Pacific Photovoltaic Market Forecast and Analysis

6. Photovoltaic Market - Key Industry Dynamics

  • 6.1 Key Market Drivers
    • 6.1.1 Rise in Demand for Electricity and Shift Over the Renewable Form of Energy
    • 6.1.2 Supportive Government Policies for Support the Use of Solar Energy
  • 6.2 Key Market Restraints
    • 6.2.1 Fluctuating Economic and Political Conditions
  • 6.3 Key Market Opportunities
    • 6.3.1 Adoption of Photovoltaic Paints
  • 6.4 Key Future Trends
    • 6.4.1 Installation of Standalone Systems
  • 6.5 Impact Analysis

7. Asia-Pacific Photovoltaic Market Analysis - By Type

  • 7.1 Overview
  • 7.2 Asia-Pacific Photovoltaic Market Breakdown, by Type, 2018 & 2027
  • 7.3 Organic Components
    • 7.3.1 Overview
    • 7.3.2 Asia-Pacific Organic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
  • 7.4 Inorganic Components
    • 7.4.1 Overview
    • 7.4.2 Asia-Pacific Inorganic Components Photovoltaic Market, Revenue Forecast to 2027 (US$ Bn)

8. Asia-Pacific Photovoltaic Market Analysis - By Component

  • 8.1 Overview
  • 8.2 Asia-Pacific Photovoltaic Market Breakdown, By Component, 2018 & 2027
  • 8.3 Cells
    • 8.3.1 Overview
    • 8.3.2 Asia-Pacific Cells Market Revenue Forecasts to 2027 (US$ Bn)
  • 8.4 Optics
    • 8.4.1 Overview
    • 8.4.2 Asia-Pacific Optics Market Revenue Forecasts to 2027 (US$ Bn)
  • 8.5 Trackers
    • 8.5.1 Overview
    • 8.5.2 Asia-Pacific Trackers Market Revenue forecast to 2027 (US$ Bn)

9. Asia-Pacific Photovoltaic Market Analysis - by Application

  • 9.1 Overview
  • 9.2 Asia-Pacific Photovoltaic Market Breakdown, By Application, 2018 & 2027
  • 9.3 Commercial Applications
    • 9.3.1 Overview
    • 9.3.2 Asia-Pacific Commercial Applications in Photovoltaic Revenue and Forecasts to 2027 (US$ BN)
  • 9.4 Residential Application
    • 9.4.1 Overview
    • 9.4.2 Asia-Pacific Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
  • 9.5 Utility Application
    • 9.5.1 Overview
    • 9.5.2 Asia-Pacific Utility Application in Photovoltaic Revenue and Forecast to 2027 (US$ BN)

10. Asia-Pacific Photovoltaic Market - Country Analysis

  • 10.1 Overview
  • 10.2 Asia-Pacific Photovoltaic Market Revenue and Forecast to 2027
    • 10.2.1 Asia-Pacific Photovoltaic Market Breakdown, by Country
      • 10.2.1.1 Australia Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.1.1 Australia Photovoltaic Market Breakdown, By Application
        • 10.2.1.1.2 Australia Photovoltaic Market Breakdown, By Type
        • 10.2.1.1.3 Australia Photovoltaic Market Breakdown, By Component
      • 10.2.1.2 China Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.2.1 China Photovoltaic Market Breakdown, By Application
        • 10.2.1.2.2 China Photovoltaic Market Breakdown, By Type
        • 10.2.1.2.3 China Photovoltaic Market Breakdown, By Component
      • 10.2.1.3 Japan Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.3.1 Japan Photovoltaic Market Breakdown, By Application
        • 10.2.1.3.2 Japan Photovoltaic Market Breakdown, By Type
        • 10.2.1.3.3 Japan Photovoltaic Market Breakdown, By Component
      • 10.2.1.4 India Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.4.1 India Photovoltaic Market Breakdown, By Application
        • 10.2.1.4.2 India Photovoltaic Market Breakdown, By Type
        • 10.2.1.4.3 India Photovoltaic Market Breakdown, By Component
      • 10.2.1.5 South Korea Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.5.1 South Korea Photovoltaic Market Breakdown, By Application
        • 10.2.1.5.2 South Korea Photovoltaic Market Breakdown, By Type
        • 10.2.1.5.3 South Korea Photovoltaic Market Breakdown, By Component
      • 10.2.1.6 Taiwan Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.6.1 Taiwan Photovoltaic Market Breakdown, By Application
        • 10.2.1.6.2 Taiwan Photovoltaic Market Breakdown, By Type
        • 10.2.1.6.3 Taiwan Photovoltaic Market Breakdown, By Component
      • 10.2.1.7 Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
        • 10.2.1.7.1 Rest of APAC Photovoltaic Market Breakdown, By Application
        • 10.2.1.7.2 Rest of APAC Photovoltaic Market Breakdown, By Type
        • 10.2.1.7.3 Rest of APAC Photovoltaic Market Breakdown, By Component

11. Company Profiles

  • 11.1 Mitsubishi Electric Corporation
    • 11.1.1 Key Facts
    • 11.1.2 Business Description
    • 11.1.3 Products and Services
    • 11.1.4 Financial Overview
    • 11.1.5 SWOT Analysis
  • 11.2 Panasonic Corporation
    • 11.2.1 Key Facts
    • 11.2.2 Business Description
    • 11.2.3 Products and Services
    • 11.2.4 Financial Overview
    • 11.2.5 SWOT Analysis
    • 11.2.6 Key Developments
  • 11.3 Kaneka Corporation
    • 11.3.1 Key Facts
    • 11.3.2 Business Description
    • 11.3.3 Products and Services
    • 11.3.4 Financial Overview
    • 11.3.5 SWOT Analysis
    • 11.3.6 Key Developments
  • 11.4 Kyocera Corporation
    • 11.4.1 Key Facts
    • 11.4.2 Business Description
    • 11.4.3 Products and Services
    • 11.4.4 Financial Overview
    • 11.4.5 SWOT Analysis
    • 11.4.6 Key Developments
  • 11.5 Sharp Corporation
    • 11.5.1 Key Facts
    • 11.5.2 Business Description
    • 11.5.3 Products and Services
    • 11.5.4 Financial Overview
    • 11.5.5 SWOT Analysis
    • 11.5.6 Key Developments
  • 11.6 JA Solar Co., Ltd.
    • 11.6.1 Key Facts
    • 11.6.2 Business Description
    • 11.6.3 Products and Services
    • 11.6.4 Financial Overview
    • 11.6.5 SWOT Analysis
    • 11.6.6 Key Developments
  • 11.7 Renesola Co. Ltd
    • 11.7.1 Key Facts
    • 11.7.2 Business Description
    • 11.7.3 Products and Services
    • 11.7.4 Financial Overview
    • 11.7.5 SWOT Analysis
    • 11.7.6 Key Developments
  • 11.8 Trina Solar
    • 11.8.1 Key Facts
    • 11.8.2 Business Description
    • 11.8.3 Products and Services
    • 11.8.4 Financial Overview
    • 11.8.5 SWOT Analysis
  • 11.9 Jink Solar
    • 11.9.1 Key Facts
    • 11.9.2 Business Description
    • 11.9.3 Products and Services
    • 11.9.4 Financial Overview
    • 11.9.5 SWOT Analysis
    • 11.9.6 Key Developments
  • 11.10 Shunfeng International Clean Energy Co., Ltd.
    • 11.10.1 Key Facts
    • 11.10.2 Business Description
    • 11.10.3 Products and Services
    • 11.10.4 Financial Overview
    • 11.10.5 SWOT Analysis

12. Appendix

  • 12.1 About The Insight Partners
  • 12.2 Glossary of Terms

LIST OF TABLES

  • Table 1. Asia-Pacific Photovoltaic Market Revenue and Forecasts to 2027 (US$ Bn)
  • Table 2. Australia Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 3. Australia Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 4. Australia Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 5. China Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 6. China Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 7. China Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 8. Japan Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 9. Japan Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 10. Japan Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 11. India Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 12. India Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 13. India Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 14. South Korea Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 15. South Korea Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 16. South Korea Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 17. Taiwan Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 18. Taiwan Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 19. Taiwan Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 20. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 - By Application (US$ Bn)
  • Table 21. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 - By Type (US$ Bn)
  • Table 22. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 - By Component (US$ Bn)
  • Table 23. Glossary of Term: Enterprise Labeling Software Market

LIST OF FIGURES

  • Figure 1. Photovoltaic Market Segmentation
  • Figure 2. Country Segmentation of Asia-Pacific Photovoltaic Market
  • Figure 3. Photovoltaic Market Overview
  • Figure 4. Utility Application Held Larger Share of Photovoltaic Market in 2018
  • Figure 5. Photovoltaic Industry Landscape
  • Figure 6. Photovoltaic Market Forecast and Analysis, (US$ Bn)
  • Figure 7. Impact Analysis of Drivers and Restraints
  • Figure 8. Asia-Pacific Photovoltaic Market Breakdown, by Type, Value, 2018 & 2027 (%)
  • Figure 9. Asia-Pacific Organic Components Photovoltaic Market, Revenue Forecast, 2018-2027 (US$ Bn)
  • Figure 10. Asia-Pacific Inorganic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
  • Figure 11. Asia-Pacific Photovoltaic Market Breakdown, by Component, Value, 2018 & 2027 (%)
  • Figure 12. Asia-Pacific Cells Market Revenue Forecast to 2027 (US$ Bn)
  • Figure 13. Asia-Pacific Optics Market Revenue, Forecast to 2027 (US$ Bn)
  • Figure 14. Asia-Pacific Trackers Market, Revenue Forecast, 2018-2027 (US$ Bn)
  • Figure 15. Asia-Pacific Photovoltaic Market Breakdown by Application, by Value, 2018 & 2027 (%)
  • Figure 16. Asia-Pacific Commercial Applications in Photovoltaic Market, Revenue and Forecast, 2017-2027 (US$ BN)
  • Figure 17. Asia-Pacific Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
  • Figure 18. Asia-Pacific Utility Application in Photovoltaic Market Revenue and Forecasts to 2027 (US$ BN)
  • Figure 19. Asia-Pacific Photovoltaic Market Breakdown, By Country, 2018 & 2027(%)
  • Figure 20. Australia Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 21. China Photovoltaic Market Forecast to 2027 (US$ Bn)
  • Figure 22. Japan Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 23. India Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 24. South Korea Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 25. Taiwan Photovoltaic Market Forecasts to 2027 (US$ Bn)
  • Figure 26. Rest of APAC Photovoltaic Market Forecasts to 2027 (US$ Bn)
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