The global emergence of industrialization has increased the importance of solar power. Solar energy is a viable alternative to fossil fuels, which contributes to environmental pollution. The global energy depletion and growing environmental concerns drive the need for solar energy. However, the seasonal and varying nature of solar radiation is a factor that significantly impedes solar adoption.
The ultra-efficient solar technology solves this problem by maximizing the amount of energy generated. Solar energy is collected and used by various technologies such as solar PV, solar power and concentrated PV. This technology is being promoted by governments and power companies through subsidies. Research and development is being done on several other technologies currently in the pipeline.
There is an increasing demand for renewable and environmentally friendly energy sources. This is a drive that increases the growth of the global ultra-efficient solar energy market. The rising energy consumption and the energy crisis in developing economies eased the need for solar power in developing economies such as China, India, Brazil, Canada and Germany.
The key players profiled in the reports are Intel, Tata Power Solar System Limited, Abengoa Solar SA, Areva, Canadian Solar Inc., Motech industries Inc., Renesola Limited, Solarworld AG, and Sunway.
For the purpose of analysis, the market is segmented into materials, technology and regions. The materials market is further segmented into Silicon, Gallium Arsenide (GaAs), Copper Indium Diselenide and Cadmium Telluride (CdTe). With regard to technologies, the market is segmented into Crystalline & thin film PV and Concentric PV. Geographically, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East and Africa (LAMEA).
- The report provides market intelligence with respect to product types, applications and geographies to enable precise investment decisions for companies
- Value chain analysis provides key inputs on the role of all the stakeholders in the market
- Porter’s Five Force analysis illustrates the potency of suppliers & buyers and the competitive scenario of the market, which assists companies in making plans to stay ahead of the competition
- Estimations are made according to the current market scenario and future trends are projected for the analysis period of 2014-2020 with 2013 as the base year.
About Allied Market Research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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