Solar Cell Market To Witness Growth Owing To Rising Consumer Awareness Regarding Environmental Benefits Of Renewable Energy Sources Till 2022: Grand View Research, Inc.

Solar cell market to grow at a CAGR of 25.5% from 2015 to
2022
“The global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing
to increasing demand for electricity coupled with rising consumer awareness
regarding environmental benefits of renewable energy sources”
Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to
increasing demand for electricity coupled with rising consumer awareness regarding
environmental benefits of renewable energy sources. Stringent government regulations
in various economies to encourage use of solar energy through incentives and feed-intariffs is also anticipated to drive demand over the forecast period.
Technological advancements have led to efficient performance and reduction in
manufacturing cost of the cells which is expected to fuel growth. Moreover, rising
demand for eco-friendly energy sources in order to reduce dependence on fossil fuels
and achieve energy security is expected to propel growth over the next seven years.
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Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/solar-cell-market
Further key findings from the report suggest:
 Increasing demand for PV systems in residential, utility and commercial
applications is expected to have a positive impact on the industry. Increasing
government support coupled with rising R&D investments in the sector is
projected to propel growth. In addition, rapid development in the industrial sector
together with growing infrastructure improvements particularly in emerging
economies is forecasted to fuel product utilization over the next seven years.
 Multicrystalline and monocrystalline which form the silicon wafer segment
contributed to an overall market share of approximately 90.0% of aggregated
installation capacity in 2014.
 In 2014, monocrystalline silicon wafer market reached over 57.0 GW. Industry
players are expected to have ample growth opportunities in the market owing to
increasing utilization of the product in developed nations. Properties of
monocrystalline solar cells including stability, high efficiency and compact design
is expected to propel demand over the next seven years. Research and
development aimed at incorporating magnetic nanoparticles in manufacturing
solar cells owing to enhanced performance is anticipated to open new avenues
over the forecast period.
 Emerging economies including China, Indonesia, India and Japan are expected
to experience significant growth inthe market owing to supportive government
programs and policies over the next seven years.
 Multicrystalline silicon cells are projected to witness rapid growth exceeding
25.0% in the forecast period owing to simple production process leading to
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reduced costs. Asia Pacific is expected to be a major market for multi crystalline
solar cell owing to rising demand for multi crystalline solar cells in residential and
commercial applications and increasing consumer awareness regarding cost
efficiencyof the product.
 UAE is one of the major markets for solar cells in MEA owing to reliable
operation and cost benefits of the product.Impressive aesthetic exteriors and
flexibility offered by photovoltaics is estimated to propel thin film solar cell market
over the next seven years.
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Table of content of global solar cell market research report:
Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Solar Cell Industry Outlook
3.1 Solar cell market segmentation
3.2 Solar cell market size and growth prospects, 2012 - 2022
3.3 Solar cell value chain analysis
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3.3.1 Vendor landscape
3.4 Raw material outlook
3.5 Technology overview
3.5.1 Crystalline silicon manufacturing technology
3.5.1.1 Monocrystalline technology
3.5.1.2 Polycrystalline Technology
3.5.2 Thin-film manufacturing
3.6 Regulatory framework
3.7 Solar cell market dynamics
3.7.1 Market driver analysis
3.7.1.1 Increasing Solar PV installations
3.7.1.2 Favorable regulatory scenario
3.7.1.3 Technology innovations
3.7.2 Market restraint analysis
3.7.2.1 Environmental hazards associated with manufacturing
process
3.7.2.2 Low performance efficiency
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3.8 Solar cell key opportunities prioritized
3.9 Solar cell Porter’s analysis
3.10 Solar cell competitive scenario, 2014
3.11 Solar cell PESTEL analysis
3.12 Impact of Paris climate summit on solar cell market
Chapter 4 Solar Cell Product Outlook
4.1 Global solar cell market share by installed capacity, 2014& 2022
4.2 Silicon wafers
4.2.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.2.2 Market estimates and forecast in solar cell, by region, 2012 - 2022
(MW)
4.2.3 Monocrystalline silicon wafer
4.2.3.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.2.3.2 Market estimates and forecast in solar cell, by region, 2012 2022 (MW)
4.2.4 Multicrystalline silicon wafer
4.2.4.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
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4.2.4.2 Market estimates and forecast in solar cell, by region, 2012 2022 (MW)
4.3 Thin film
4.3.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.3.2 Market estimates and forecast in solar cell, by region, 2012 - 2022
(MW)
4.3.3 Cadmium Telluride
4.3.3.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.3.3.2 Market estimates and forecast in solar cell, by region, 2012 2022 (MW)
4.3.4 Amorphous Silica
4.3.4.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.3.4.2 Market estimates and forecast in solar cell, by region, 2012 2022 (MW)
4.3.5 Copper Indium Gallium Selenide
4.3.5.1 Market estimates and forecast in solar cell, 2012 - 2022 (MW)
4.3.5.2 Market estimates and forecast in solar cell, by region, 2012 2022 (MW)
Chapter 5 Solar Cell Regional Outlook
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5.1 Global solar cell market share by region, 2014 & 2022
5.2 North America
5.2.1 Market estimates and forecast, 2012 - 2022 (MW)
5.2.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.2.3 U.S.
5.2.3.1 Market estimates and forecast, 2012 - 2022 (MW)
5.2.3.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.3 Europe
5.3.1 Market estimates and forecast, 2012 - 2022 (MW)
5.3.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.3.3 Germany
5.3.3.1 Market estimates and forecast, 2012 - 2022 (MW)
5.3.3.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.4 Asia Pacific
5.4.1 Market estimates and forecast, 2012 - 2022 (MW)
5.4.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.4.3 China
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5.4.3.1 Market estimates and forecast, 2012 - 2022 (MW)
5.4.3.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.5 LATAM
5.5.1 Market estimates and forecast, 2012 - 2022 (MW)
5.5.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
5.6 MEA
5.6.1 Market estimates and forecast, 2012 - 2022 (MW)
5.6.2 Market estimates and forecast, by product, 2012 - 2022 (MW)
Chapter 6 Competitive Landscape
6.1 First Solar
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 SunPower
6.2.1 Company Overview
6.2.2 Financial Performance
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6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Suniva Inc.
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Tata Power Solar Systems Limited
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Sharp Corporation
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
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6.6 Alps Technology Inc.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.7 Borg Inc.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.8 Pionis Energy Technologies LLC.
6.8.1 Financial Performance
6.8.2 Product Benchmarking
6.8.3 Strategic Initiatives
6.9 SolarWorld AG
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
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6.10 Zebra Energy
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.11 GreenBrilliance
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Itek Energy
6.12.1 Company Overview
6.12.2 Financial performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Trina Solar Limited
6.13.1 Company Overview
6.13.2 Financial performance
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6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Canadian Solar Inc.
6.14.1 Company Overview
6.14.2 Financial performance
6.14.3 Product Benchmarking
6.14.4 Strategic initiatives
6.15 JinkoSolar Holding Co. Ltd.
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
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Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources. Stringent government regulations in various economies to encourage use of solar energy through incentives and feed-in-tariffs is also anticipated to drive demand over the forecast period. Click here - http://www.grandviewresearch.com/industry-analysis/solar-cell-market

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