Lewes, DE -- (SBWire) -- 08/04/2016 --Global Concentrated Photovoltaic Market is accounted for $0.89 billion in 2015 and is expected to reach $2.35 billion by 2022 growing at a CAGR of 14.7% during the forecast period. Financial incentives, technology cost reductions and government renewable targets are some of the factors fostering the market growth. With around 90% of the total share, HCPV segment commanded the global market. It is anticipated to observe a robust growth owing to the improved dedicated approach on the part of the industry for enhanced efficiency output. Commercial segment is anticipated to grow at a faster pace owing to rising power demand from residential buildings particularly in developing economies such as India, China, South Korea, and Vietnam. Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to rapid industrialization.
Some of the key players in the market include Solar Junction, Zytech Solar, Isofoton S.A., Semprius Inc, Amonix, Sunpower Corporation, Ravano Green Powers, Solarsystem, Magpower, Suncore Photovoltaic Technology Co. Ltd. and Soitec.
Concentrated Levels Covered:7
- Low Concentrated Photovoltaic
- High Concentrated Photovoltaic
- Medium Concentrated Photovoltaic
Technologies Covered:
- Refractor
Luminescent Concentrators
-Fresnel Lens
-Reflector
-Parabolic Mirror
Components Covered:
- Modules
- Trackers
- Cells
- Optics
Applications Covered:
- Commercial
- Utility-Scale
- Other Applications
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 132 pages "Concentrated Photovoltaic - Global Market Outlook (2015-2022)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Concentrated Photovoltaic Market, By Concentrated Level, Global Concentrated Photovoltaic Market, By Technology, Global Concentrated Photovoltaic Market, By Component, Global Concentrated Photovoltaic Market, By Application, Global Concentrated Photovoltaic Market, By Geography, Key Developments, Company Profiling
For more information Visit at: http://www.marketresearchreports.com/stratistics-mrc/concentrated-photovoltaic-global-market-outlook-2015-2022
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