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Solar PV Market in Asia 2015-2019

Solar PV Market in Asia 2015-2019

About Solar PV

PV is a method of generating electricity through the conversion of solar radiation using semiconductors that exhibit the PV effect. PV power generation uses solar panels composed of several solar cells containing a PV material. Materials presently used for PV include mono-c-Si, poly-c-Si, a-Si, CdTe, and copper indium gallium selenide/sulfide. The conventional way of power generation through fossil fuels is continuously depleting and also causes environmental damage. Therefore, eco-friendly renewable methods of power generation such as PV have become popular over the last decade. PV power is generated by the mono-c-Si method, which is the most efficient and least expensive approach. PV power is a good option because its source, solar energy, is free, and even the maintenance cost is negligible.

TechNavio's analysts forecast the Solar PV market in Asia to grow at a CAGR of 23.7 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Solar PV market in Asia for the period 2015-2019. To calculate the market size, the report considers the cumulative installed capacity of solar PV in the following Asian countries:

  • Bangladesh
  • China
  • India
  • Indonesia
  • Japan
  • Kazakhstan
  • Malaysia
  • Pakistan
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Uzbekistan
The report provides the market segmentation by end-users, which are the Utilities, Commercial, Residential, and Off-grid sectors.

TechNavio's report, the Solar PV Market in Asia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers five major countries; it also covers the landscape of the Solar PV market in Asia and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Countries
  • China
  • India
  • Japan
  • South Korea
  • Thailand
Key Vendors
  • AU Optronics (BenQ Solar)
  • Hangzhou First PV Material
  • Panasonic
  • Sharp
  • Shunfeng Photovoltaic International
  • SunEdison
Other Prominent Vendors
  • Hanwha Solarone
  • JA Solar
  • Jinko Solar
  • Kyocera
  • Trina Solar
  • Yingli Green Energy
Market Driver
  • Increase in Government Support
  • For a full, detailed list, view our report
Market Challenge
  • Uncertain Policy Environment
  • For a full, detailed list, view our report
Market Trend
  • Rise in Solar PV Demand
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Solar PV Market in Asia 2015-2019

TechNavio recognizes the following companies as the key players in the Solar PV Market in Asia: AU Optronics Corp (BenQ Solar), Hangzhou First PV Material Co., Panasonic Corp., Sharp Corp., Shunfeng Photovoltaic International Ltd. and SunEdison.

Other Prominent Vendors in the market are: Hanwha Solarone, JA Solar, Jinko Solar, Kyocera, Trina Solar and Yingli Green Energy.

Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends in this market is the increase in awareness about the technology. Various national authorities across the globe are encouraging companies to manufacture PV modules.”

According to the report, one of the major drivers of this market is the increase in government support. There has been a continuous increase in government support in terms of FIT and PPA. Moreover, there are several other factors that are driving the growth of this market.

Further, the report states that the uncertainty in policies is a significant threat to market vendors. This leads to delays in project approvals resulting in increased costs and installation time.

Companies Mentioned

AU Optronics (BenQ Solar), Hangzhou First PV Material, Panasonic , Sharp , Shunfeng Photovoltaic International , SunEdison , Hanwha Solarone, JA Solar, Jinko Solar, Kyocera, Trina Solar, Yingli Green Energy

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Technology Overview
      • Solar Photovoltaics Technology
      • Solar PV Material
    • Market Size and Forecast
      • Table Asia Solar PV Cumulative Installed Capacity 2014-2019 (GW)
    • Five Forces Analysis
  • Market Segmentation by End-users
    • Solar PV Market in Asia Segmentation by End-user 2014
      • Table Solar PV Market in Asia Segmentation by End-user 2014
    • Solar PV Market in Asia Segmentation by End-user 2019
      • Table Solar PV Market in Asia Segmentation by End-user 2019
      • Table Solar PV Market in Asia Segmentation by End-user 2014-2019
    • Solar PV Market in Asia by Utilities Sector
      • Market Size and Forecast
        • Table Solar PV Market in Asia by Utilities Sector 2014-2019 (GW)
    • Solar PV Market in Asia by Residential Sector
      • Market Size and Forecast
        • Table Solar PV Market in Asia by Residential Sector 2014-2019 (GW)
    • Solar PV Market in Asia by Commercial Sector
      • Market Size and Forecast
        • Table Solar PV Market in Asia by Commercial Sector 2014-2019 (GW)
    • Solar PV Market in Asia by Off-grid Sector
      • Market Size and Forecast
        • Table Solar PV Market in Asia by Off-grid Sector 2014-2019 (GW)
  • Key Leading Countries
    • Solar PV Market in Asia by Major Countries 2014
      • Table Solar PV Market in Asia by Major Countries 2014
    • Solar PV Market in Asia by Major Countries 2019
      • Table Solar PV Market in Asia by Major Countries 2019
      • Table Solar PV Market in Asia by Major Countries 2014-2019
    • China
      • Table Solar PV Cumulative Installed Capacity in China 2014-2019 (GW)
    • Japan
      • Table Solar PV Cumulative Installed Capacity in Japan 2014-2019 (GW)
    • India
      • Table Solar PV Cumulative Installed Capacity in India 2014-2019 (GW)
    • South Korea
      • Table Solar PV Cumulative Installed Capacity in South Korea 2014-2019 (GW)
    • Thailand
      • Table Solar PV Cumulative Installed Capacity in Thailand 2014-2019 (GW)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • AU Optronics
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table AU Optronics: Business Segmentation 2013
      • Product Segmentation by Revenue 2013
        • Table AU Optronics: Product Segmentation by Revenue 2013
      • Product Segmentation by Revenue 2012 and 2013
        • Table AU Optronics: Product Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2012 and 2013
        • Table AU Optronics: Geographical Segmentation by Revenue 2012 and 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Hangzhou First PV Material
      • Key Facts
      • Business Overview
      • Key Products
        • Table Hangzhou First PV Material: Key Products
      • Business Strategy
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Panasonic
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Business Segmentation of Panasonic
      • Revenue Segmentation by Business
        • Table Revenue Segmentation of Panasonic 2013
      • Sales by Geographical Segmentation
        • Table Revenue Segmentation of Panasonic by Geography 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Sharp
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Sharp: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Sharp: Business Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Sharp: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Shunfeng Photovoltaic
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2013
        • Table Shunfeng Photovoltaic: Product Segmentation by Revenue 2013
      • Product Segmentation by Revenue 2012 and 2013
        • Table Shunfeng Photovoltaic: Product Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Shunfeng Photovoltaic: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • SunEdison
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table SunEdison: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table SunEdison: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table SunEdison: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
  • Other Reports in this Series

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