PV Installation Trend: Focus Shifts from Europe to Asia-Pacific
Europe is currently the largest solar PV market in the world, led by countries such as Germany and Spain. In 2014, it accounted for around half of the total global solar PV capacity, followed by Asia-Pacific with one third. However, 2012 brought a shift in installation trends and saw China, the US and Japan lead annual additions. With strong growth from Asia-Pacific, its contribution is expected to grow substantially to take a majority share of 53% by 2025. China will be the biggest contributor with an estimated 197.9 GW, followed by India and Japan with 30.5 GW and 30.2 GW respectively. North and South America currently have only a few countries with substantial solar PV installed capacity, giving it a global share of just 12%.
Solar Photovoltaic (PV) Market, Update 2015 report analyses the global solar PV market, breaking it down into four regions: Europe, Asia-Pacific, North and South America and the Middle East and Africa.
This report includes:
- Analysis of the solar PV market at global, regional, and key-country levels
- Historical and forecast data for the global solar PV market from 2006 to 2025
- Installed capacity and generation data, along with market segmentation by end-user
- Details of major active and upcoming solar PV power plants
- Analysis of price, market size, and LCOE for solar PV installations
- Highlights of major policy and regulatory frameworks for the key countries
Get your copy of the production data for solar PV crystalline and thin-film modules, cells, and polysilicon are given for the 2010 – 2014 period, where applicable.
The report is published by GlobalData and Market Research Reports is Available with Aarkstore, Sector Alternative Energy