Grid Connected PV Systems Market (Updated Version Available)

The report offers detailed coverage of Grid Connected PV Systems industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Grid Connected PV Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.


A grid connected photovoltaic power system is a solar PV system connected to utility grid that generates electricity using solar power. A grid connected PV system comprises solar panels, a power conditioning unit, grid connection equipment, and one or many inverters. These systems can range from commercial rooftop systems and small residential units to large utility-scale solar power stations. Unlike standalone solar power equipment, grid connected systems seldom constitute any integrated battery solutions. During favorable conditions, a grid connected PV system supplies superfluous power to the utility, beyond what is required for consumption of the connected load.
Solar PV systems installed at home are connected to home appliances, meters, and the grid. Residential consumers opt for grid connections over off-grid connections as they are capable of functioning without batteries and other standalone equipment. The cost-effectiveness and ease of maintenance will increase the adoption and installation of grid connections. Technavio\'s market study identifies the advantages associated with grid-connected PV systems to be one of the primary growth factors for the grid-connected PV systems market. Solar PV systems can easily generate more electricity than the consumption requirement, while feeding the excess electricity onto the grid. The renewability of solar power reduces the dependence and utilization of fossil fuels in power plants, while reducing the cost.


The report forecast global Grid Connected PV Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Grid Connected PV Systems market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Canadian Solar
Hanwha Group
Huawei Technologies
JA SOLAR
JinkoSolar
Trina Solar
By the product type, the market is primarily split into
Solar Panels
Power Conditioning Unit
Grid Connection Equipment
Inverters
By the end users/application, this report covers the following segments
Residential
Non-Residential


At the same time, we classify Grid Connected PV Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Grid Connected PV Systems market for the forecast period 2020 - 2025?
• What are the driving forces in the Grid Connected PV Systems market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Grid Connected PV Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?