WinterGreen Research announces that it has published
a new study Solar Panels: Market Shares, Strategy, and Forecasts, Worldwide,
2015 to 2021. The 2015 study has 537 pages, 212 tables and figures. Worldwide
markets for solar panels are growing as units become more efficient and less
costly for generating electricity. Rapid adoption of solar panels worldwide is
occurring as systems provide peak power efficiently.
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Ongoing Reports http://www.radiantinsights.com/research/solar-panels-market-shares-strategies-and-forecasts-worldwide-2015-to-2021
The ability to remain competitive depends upon the
ability to develop technologically advanced products and processes. What better
investment in infrastructure on the part of a government than solar power?
Cheap energy promises to provide water, cheap manufacturing, electric vehicles,
all sorts of things more useful than a war that the government might
alternatively spend its money on.
Main areas of solar panels is for: large scale
utility systems connected to the electrical grid. Residential and commercial
markets are evolving further.
Solar panel market driving forces relate primarily
to the prospect of inexpensive, lasting energy from the sun. In 2015, analysts
agree, a tipping point has been reached, solar panel markets are at the
critical point in the market development, where an inevitability of adoption is
certain. Solar panels markets have been an up and down evolving situation that
was completely dependent on government subsidies.
Now the government subsidies seem certain. Market
development without government subsidies seems certain. Utilities have to have
solar energy. Governments have to have solar energy. People have to have solar
energy. The stability of the solar panel market leads to a new and irreversible
positive thrust for the market. Market development is certain to occur, the
question is simply how fast.
Solar panel markets have crossed a threshold and
gains will possibly have significant momentum, triggered by the technology.
Solar panel adoption is now a dynamic process of innovation, insight, and
influence through advocacy. The critical point in solar panel adoption is a
process that is now unstoppable.
The growth of solar has been driven by a single
paradigm at the federal and state levels worldwide. Now, with China so entirely
dedicated to making solar less expensive than coal electrical generation, solar
energy will take hold worldwide. Almost all solar has taken advantage of and
needed to take advantage of -- state-level incentives.
China has had government subsidies for a long time.
This continues to be the case, but in China now, grid parity is a result of
taxing coal electrical generation, making solar panels attractive. The US is
poised to see rapid adoption of solar panels in various regions.
According to Susan Eustis, the lead author of the
team that created the study, “Solar panel market driving forces relate
primarily to the prospect of inexpensive, lasting energy from the sun. In 2015,
analysts agree, a tipping point has been reached, solar panel markets are at
the critical point in the market development, where an inevitability of
adoption is certain. Utilities have to have solar energy to meet the regulatory
requirements. Governments have to have solar energy to achieve clean air
standards. People have to have solar energy to charge electric cars. The stability
of the solar panel market leads to a new and irreversible positive thrust for
the market. Market development is certain to occur, the question is simply how
fast.” Solar panels have moved from the trial stage to the early adopter stage.
Markets at $24.2 billion in 2014 are expected to reach $180.7 billion by 2021.
Growth is expected to achieve rapid adoption of renewable energy.
Market
Leaders
First Solar
Shunfeng Wuxi
Suntech
SunPower
Trina Solar
Sharp
Canadian Solar
JA Solar
Yingli Green
Energy
Panasonic / Sanyo
Hanwha QCells
Solar World
Motech
Market
Participants
SunTech
Ascent Solar
Technologies
SolarWorld
Trina Solar
Canadian Solar
Solarfun-Power
Sunpower
Evergreen
ET Solar
China Sunergy
Shenzhen Sunshine
Electronics
Kyocera
Sanyo
Mitsubishi
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