Asia-Pacific Solar Panel Market Growth, Size, Share, Industry Report and Forecast 2021-2027
Asia-pacific solar panel market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The increasing number of solar panel project developments with collaboration in key market players driving the growth of the Asia-Pacific solar panel market. For instance, in February 2020, Canidian Solar Inc, one of the leading companies in solar power generation, had constructed two solar photovoltaic(PV) projects in Japan. The first project with a capacity of 13.6 MWp was projected in the Ibaraki Prefecture, with a power generation of approximately 15,901 MWh. Similarly, the second project with 13.0 MWp and power generation of approximately 15,250 MWh is projected in the Fukuoka Prefecture. The company expects to project both the plants on a commercial level by mid-2021.
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Besides, in August 2020, the company had announced the construction of
commercial and industrial rooftop solar projects in Malaysia. The construction
of the project had been taken with the collaboration of Antah Solar Sdn. Bhd.
and Eleaps Sdn. Bhd., (service provider of solar panel installation) The
project has been powered by 13,000 pieces of Canadian Solar's high-efficiency
KuMax modules. According to the company, the project tends to generate
approximately 6,700 MWh of energy every year up to 25 years. Considering these
project expansions, significant growth can be expected in the Asia-Pacific
solar panel market during the forecast period.
Market Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- By Panel Type, By End-User, By Installation
·
Countries
Covered- China, India, Japan, Rest of Asia-Pacific
·
Competitive
Landscape- Canadian Solar Inc., Wuxi Suntech Power Co., Ltd., Tata Power Solar
Systems Ltd, First Solar, Inc. SunPower Corporation, Trina Solar Ltd.,
Juwi AG, Motech Industries, Inc., Hanwha Group, and others.
Key questions addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the
pre-COVID-19 forecast
o Most affected region
and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
A
full Report of Asia-Pacific Solar Panel Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-solar-panel-market
·
Monocrystalline
·
Polycrystalline
·
Thin-film
By End-User
·
Residential
Sector
·
Commercial
Sector
By Application
·
Ground-Mount
·
RoofTop
Asia-pacific Solar Panel Market Report Segment by Geography
·
China
·
India
·
Japan
Rest of Asia-Pacific
Company Profiles
·
Canadian
Solar Inc.
·
Csun
Solar Tech
·
Evergreen
Solar
·
First
Solar, Inc.
·
Hanwha
Group
·
JA
SOLAR Technology Co., Ltd.
·
JinkoSolar
Holding Co., Ltd.
·
Juwi
Holding AG
·
Motech
Industries Inc.
·
RISEN
ENERGY CO., LTD.
·
SoloPower
Systems, Inc.
·
SunEdison
Inc.
·
SunPower
Corp.
·
Wuxi
Suntech Power Co., Ltd.
·
Tata
Power Solar Systems Ltd
·
Trina
Solar Ltd.
·
Yingli
Green Energy Holding Co. Ltd.
·
Zhongli
Talesun Solar Co., Ltd.
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