GLOBAL PHOTOVOLTAIC MARKET: BY COMPONENTS (CELLS, OPTICS, AND TRACKERS); BY APPLICATION (RESIDENTIAL, NON- RESIDENTIAL, AND UTILITY); & BY GEOGRAPHY

GLOBAL PHOTOVOLTAIC MARKET: BY COMPONENTS (CELLS, OPTICS, AND TRACKERS); BY APPLICATION (RESIDENTIAL, NON- RESIDENTIAL, AND UTILITY); & BY GEOGRAPHY - TRENDS & FORECAST (2018-2024)Â”

(IT-NEWSWIRE.COM, June 14, 2018 ) The global photovoltaic market sharewas marked at $XXbillion in 2017 and is expected to reach $ XXbillion by 2024 at a CAGR of XX%.
Photovoltaic converts the solar energy into electricity with help of semiconductors which provides photovoltaic effect. PV has various advantages such as no pollution, greenhouse gas emissions, scalability, and some other.Polycrystalline silicon, also known as poly-Si which has high purity, polycrystalline form of silicon, used as a raw material in solar photovoltaic industry. The benefits of poly-Si cells are that they are cheap and easy to manufacture.

Mexico is leading the growth of the global photovoltaic market and the growth in North America are mainly credited by the government instalments of several solar, CSP, and photovoltaic projects. Asia is esteemed for about two-third of the global solar photovoltaic calculation and the top two companies in terms of cumulative capacity are China and Japan. Chinese lead both the manufacturing and practise of solar photovoltaic with 1GW capacity. Though, Indian government has detailed solar energy importance in the nation’s renewable energy mix and spent on Rooftop Subsidy program and Golden Sun Demonstration program to expand PV capacity hence pushing the growth of the solar photovoltaic market.

Global photovoltaic market outline reveals the key players in thePV industry market includes Trina Solar Ltd, SunPower Corporation, JA Solar Holdings Co. Ltd, First Solar, Inc., Yingli Solar, and some other.

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By Components:

• Cells

1. Crystalline Silicon PV Cells
o Mono Crystalline Silicon
o Poly Crystalline Solar

2. Thin Film PV Cells
o Cadmium Telluride
o Amorphous Silicon
o Ucopper indium Diselenide
o Others

• Optics

• Trackers

By Application:

• Residential
• Non- Residential
• Utility

The report provides an in-depth and full analysis on the key technological and product development aspects along with the

Key Players:

• Trina Solar Ltd
• SunPower Corporation
• First Solar, Inc.
• Canadian Solar Inc.
• Sharp Corporation

Related Reports:

Market 1: https://www.envisioninteligence.com/industry-report/asia-pacific-photovoltaic-market/?utm_source=chitti

Market 2: https://www.envisioninteligence.com/industry-report/europe-photovoltaic-market/?utm_source=chitti

Market 3: https://www.envisioninteligence.com/industry-report/north-america-photovoltaic-market/?utm_source=chitti

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GLOBAL PHOTOVOLTAIC MARKET: BY COMPONENTS (CELLS, OPTICS, AND TRACKERS); BY APPLICATION (RESIDENTIAL, NON- RESIDENTIAL, AND UTILITY); & BY GEOGRAPHY - TRENDS & FORECAST (2018-2024)Â”