The report analyzes and presents an overview on "Concentrated Photovoltaic (PV) And Solar Photovoltaic Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" worldwide.
Concentrated Photovoltaic (PV) And Solar Photovoltaic Market Analysis, Landscape, Future Challenges, Size, Share, Growth, Trends And Forecast by 2019
1. Concentrated Photovoltaic (PV) And Solar Photovoltaic Market
Research, Landscape, Future Challenges, Global Industry Analysis,
Size, Share, Growth, Trends And Forecast, 2013 - 2019
The report analyzes and presents an overview on "Concentrated Photovoltaic (PV)
And Solar Photovoltaic Market - Global Industry Analysis, Size, Share, Growth,
Trends And Forecast, 2013 - 2019" worldwide.
2. Solar photovoltaic is a technology that converts solar energy into useful energy forms by
absorbing solar photon (particles of light that operate as individual units of energy).
Photovoltaic cell is also known as solar cell. Solar cell is an electrical device that translates
light energy into electric energy or electricity using photovoltaic effect. Solar cell is a type
of photoelectric cell which on exposure to light can produce and support an electric
current without any external voltage source. However, it requires an external load for
power consumption. Solar PV modules can be clustered together as an array of parallel or
series connected modules to give any level of power requirements, from mere watts to
kilowatt and megawatt size. Different types of solar cells are cadmium telluride solar cell,
polycrystalline, hybrid solar cell, buried contact solar cell, dye-sensitized solar cell, plastic
solar cell, thin film solar cell, monocrystalline solar cell, plasmonic solar cell, and polymer
solar cell among others.
CPV (concentrated photovoltaic) technology employs optics such as curved mirrors or
lenses to collect large amount of sunlight on a small area of solar photovoltaic (PV) cells in
order to generate electricity. CPV systems offer several advantages over non-concentrated
photovoltaics. As a smaller area of photovoltaic material is required, CPV can save money
3. on the cost of the solar cells. CPV requires less photovoltaic material to capture the same
sunlight as non-concentrating PV. CPV make use of high-efficiency but expensive multi-
junction cells cost-effectively viable due to smaller space requirements. However, in order
to get sunlight focused on the small photovoltaic area, CPV systems need extra spending
on solar trackers, concentrating optics (mirrors or lenses) and cooling systems. Owing to
this of these extra costs, CPVs are far less common compared to non-concentrated
photovoltaics. Nevertheless, ongoing research and development is trying to improve CPV
technology and lower its costs.
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The most widespread segmentation of CPV modules can be done on the basis of degree of
concentration, which can be expressed in number of suns. Different types of CPVs are
LCPV (low concentration photovoltaics), medium concentration photovoltaics, HCPV (high
concentration photovoltaics) and luminescent solar concentrators.
4. According to Plastics Institute of America, Europe is expected to remain the largest
regional market with 16.48 GW of PV demands which accounts around half of the global
demand. Asia-Pacific was the second largest market fueled by the remarkable growth of
the Chinese market. China is expected to outpace Germany in the coming year in order to
become the leading PV consumer. Government renewable targets, financial incentives,
technology cost reductions are three major forces who are currently driving the adoption
of solar across the globe. Government policies are considerable drivers for solar
photovoltaic market. By 2020, solar is predicted to be cost competitive to traditional
electricity, independent of government policies and subsidies across most of the world.
Some of the key players in this market are BP Solar International, Opel International Inc.,
Emcore Corporation, Prism Solar Technologies, Inc., Bloo Solar, Solar Tec International AG,
HelioVolt Corporation, Zytech Solar, Energy Innovations, Solar Systems PTY, Ltd.,
Concentrix Solar GmbH, 1366 Technologies Inc., Pyron Solar, Whitfield Solar Ltd., Abengoa
Solar, Arima Ecoenergy, Konarka Technologies Inc., Amonix Inc., 3G Solar, Pacific Solartech
Inc., Greenvolts, JX Crystals, Everphoton Energy Corporation, Soliant Energy Inc., Cool
Earth Solar, Nano Solar, SunFlake A/S, and others.
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This research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this research report
include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
6. Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers,
and restraints. It provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and detailed profiles
of top industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed value chain
analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market
growth
7. It provides a six-year forecast assessed on the basis of how the market is predicted to
grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of
competitors
It helps in making informed business decisions by having complete insights of market and
by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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