The Global Solar PV Market is expected to grow by 142.64 GW during 2021-2025, decelerating at a CAGR of 15.24% during the forecast period

New York, Dec. 24, 2021 (GLOBE NEWSWIRE) — announces the release of the report “Global Solar PV Market 2021-2025” –
Our report on the solar PV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing investments in renewable energy and favorable government regulations. In addition, increasing investments in renewable energy is anticipated to boost the growth of the market as well.
The solar PV market analysis includes the end-user segment and geographic landscape.

The solar PV market is segmented as below:
By End-user
• Utility
• Commercial
• Residential

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the declining cost of solar PV panels as one of the prime reasons driving the solar PV market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on solar PV market covers the following areas:
• Solar PV market sizing
• Solar PV market forecast
• Solar PV market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar PV market vendors that include Adani Green Energy Ltd., Canadian Solar Inc., First Solar Inc., Flisom AG, Greatcell Energy Pty Ltd., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., TotalEnergies SE, Waaree Energies Ltd., and Yingli Green Energy Holding Co. Ltd. Also, the solar PV market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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