Distributed Solar Power Generation Market

Distributed Solar Power Generation Market by Technology [Concentrated Solar Power Systems and Photovoltaic Systems], Solar Module [Polycrystalline, Amorphous Silicon Cells, Cadmium Telluride, Monocrystalline, and Others], End-users [Industrial, Residential, Commercial, and Others], and Region [Asia Pacific, North America, Latin America, Europe, and Middle East & Africa]–Global Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2021– 2028

  • Report ID: EP-1161
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 176
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The distributed solar power generation market size is anticipated to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to increasing energy consumption, traditional power sources unable to meet requirement, supportive government policies, and upcoming projects.
 

Distributed Solar Power Generation Market Key Takeaways


Solar energy is the radiant energy released from the sun, which is utilized by using various technologies such as photovoltaic cells, solar heating, and others. The solar energy is an efficient form of alternative energy and a suitable renewable solution toward global warming and growing greenhouse emissions.

The Covid-19 pandemic affected the demand and supply of distributed solar power generation market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing consumer purchasing capacity and growing population are projected to boost the market.
  • Growth in solar energy manufactures and rapidly growing production capacity is the major factor fueling the market.
  • High cost of distributed solar power generation is projected to restrict the market expansion during the forecast period.
  • R&D investment and technological advancement in distributed solar power generation market is projected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the distributed solar power generation market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Distributed Solar Power Generation Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Technology [Concentrated Solar Power Systems and Photovoltaic Systems], Solar Module [Polycrystalline, Amorphous Silicon Cells, Cadmium Telluride, Monocrystalline, and Others], End-users [Industrial, Residential, Commercial, and Others]

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Trina Solar Limited, Active Solar GmbH, Wuxi Suntech Power Co. Ltd., Yingli Solar, Sharp Solar Energy Solution Group, Tesla Inc., and First Solar Inc.

 

Market Segment Insights

The industrial segment is expected to grow at a rapid pace
Based on end-users, the distributed solar power generation market is divided into industrial, residential, commercial, and others. The industrial segment accounts for a key share of the market. Growth of the market is attributed to the rising energy consumption, rapid industrialization, growing demand for electricity, and developed electricity transmission infrastructure. The residential segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid urbanization, government policies, increasing population, and rapid development in commercial sector.
 

Distributed Solar Power Generation Market by End Users


The monocrystalline segment accounts for a major share of the market
On the basis of solar module, the distributed solar power generation market is segmented into polycrystalline, amorphous silicon cells, cadmium telluride, monocrystalline, and others. The monocrystalline segment accounts for a major share of the market. Growth of the market is attributed to increasing environmental pollution and rapidly decreasing water footprint. The polycrystalline segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing application of solar systems in architectural sector and rising demand for solar power towers in electricity generations.

The photovoltaic systems segment accounts for a significant share of the market
Based on technology, the distributed solar power generation market is bifurcated into concentrated solar power systems and photovoltaic systems. The photovoltaic systems segment accounts for a significant share of the market. Growth of the market is attributed to low material cost and increasing efficiency of solar panel. The concentrated solar power segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increased investment in research and development and rising adoption of solar storage system.

The market in Asia Pacific is estimated to hold a key market share
On the basis of regions, the distributed solar power generation market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at a high CAGR during the forecast period due to rapid economic growth in region and encouragement from government organizations. The market of Asia Pacific is estimated to hold key market share due to decrease in raw material prices of solar modules and increasing adoption of storage grid.
 

Distributed Solar Power Generation Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Distributed Solar Power Generation Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Distributed Solar Power Generation Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Distributed Solar Power Generation Market - Supply Chain
  4.5. Global Distributed Solar Power Generation Market Forecast
     4.5.1. Distributed Solar Power Generation Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Distributed Solar Power Generation Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Distributed Solar Power Generation Market Absolute $ Opportunity
5. Global Distributed Solar Power Generation Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Distributed Solar Power Generation Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Distributed Solar Power Generation Demand Share Forecast, 2019-2026
6. North America Distributed Solar Power Generation Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Distributed Solar Power Generation Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Distributed Solar Power Generation Demand Share Forecast, 2019-2026
7. Latin America Distributed Solar Power Generation Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Distributed Solar Power Generation Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Distributed Solar Power Generation Demand Share Forecast, 2019-2026
8. Europe Distributed Solar Power Generation Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Distributed Solar Power Generation Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Distributed Solar Power Generation Demand Share Forecast, 2019-2026
9. Asia Pacific Distributed Solar Power Generation Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Distributed Solar Power Generation Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Distributed Solar Power Generation Demand Share Forecast, 2019-2026
10. Middle East & Africa Distributed Solar Power Generation Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Distributed Solar Power Generation Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Distributed Solar Power Generation Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Distributed Solar Power Generation Market: Market Share Analysis
  11.2. Distributed Solar Power Generation Distributors and Customers
  11.3. Distributed Solar Power Generation Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. JinkoSolar Holding Co. Ltd.
     11.4.2. Canadian Solar Inc.
     11.4.3. Trina Solar Limited
     11.4.4. Active Solar GmbH
     11.4.5. Wuxi Suntech Power Co. Ltd.
     11.4.6. Yingli Solar
     11.4.7. Sharp Solar Energy Solution Group
     11.4.8. Tesla Inc.
     11.4.9. First Solar Inc.

Segments Covered in the Report
The distributed solar power generation market has been segmented on the basis of

Technology

  • Concentrated Solar Power Systems
  • Photovoltaic Systems

Solar Module

  • Polycrystalline
  • Amorphous Silicon Cells
  • Cadmium Telluride
  • Monocrystalline
  • Others

End-users

  • Industrial
  • Residential
  • Commercial
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • JinkoSolar Holding Co. Ltd.
  • Canadian Solar Inc.
  • Trina Solar Limited
  • Active Solar GmbH
  • Wuxi Suntech Power Co. Ltd.
  • Yingli Solar
  • Sharp Solar Energy Solution Group
  • Tesla Inc.
  • First Solar Inc.

Key players competing in the distributed solar power generation market include JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Trina Solar Limited, Active Solar GmbH, Wuxi Suntech Power Co. Ltd., Yingli Solar, Sharp Solar Energy Solution Group, Tesla Inc., and First Solar Inc.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
 

Distributed Solar Power Generation Market by Key Players


 

 

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