The photovoltaic market in AsiaPacific was valued at US$ 94.81billion in 2019and is projected to reach US$ 407.93billion by2027; it is expected to grow at a CAGR of 20.0% during the forecast period.
Several initiatives have been taken by governments in APAC to minimize the cost of the overall set-up to maximize the far-reaching bene?ts of an o?-grid option in rural electri?cation, along with uplifting the focus toward sustainable environmental conditions. Moreover, several countries, such as China have established policies to enhance the production level of photovoltaic solar power energy. Further, several public and private associations have been established to fuel the demand for photovoltaic systems across the world. These factors are likely to drive the photovoltaic market in AsiaPacific.
The inorganic componentssegment by type led the photovoltaicmarket with a decent market share in 2019.The inorganic semiconductor materials used to produce photovoltaic cells include amorphous and microcrystalline Si, the III-V compounds and alloys, CdTe, crystalline, multicrystalline, chalcopyrite compound, and copper indium gallium diselenide (CIGS).
Overall size of the photovoltaic marketin Asia-Pacific has been derived using primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific photovoltaic market. It also provides an overview and forecast for the photovoltaic based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Photovoltaic industry. Mitsubishi Electric Corporation, Panasonic Corporation, and Kaneka Corporation are among the market players present in the Asia Pacific photovoltaic market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Photovoltaic Market, by Application
1.3.2 Photovoltaic Market, by Type
1.3.3 Photovoltaic Market, by Component
1.3.4 Photovoltaic Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Photovoltaic Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
5. Photovoltaic Market ? Asia-Pacific Market Analysis
5.1 Asia-Pacific Photovoltaic Market Overview
5.2 Asia-Pacific Photovoltaic Market Forecast and Analysis
6. Photovoltaic Market ? Key Industry Dynamics
6.1 Key Market Drivers
6.1.1 Rise in Demand for Electricity and Shift Over the Renewable Form of Energy
6.1.2 Supportive Government Policies for Support the Use of Solar Energy
6.2 Key Market Restraints
6.2.1 Fluctuating Economic and Political Conditions
6.3 Key Market Opportunities
6.3.1 Adoption of Photovoltaic Paints
6.4 Key Future Trends
6.4.1 Installation of Standalone Systems
6.5 Impact Analysis
7. Asia-Pacific Photovoltaic Market Analysis ? By Type
7.1 Overview
7.2 Asia-Pacific Photovoltaic Market Breakdown, by Type, 2018 & 2027
7.3 Organic Components
7.3.1 Overview
7.3.2 Asia-Pacific Organic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
7.4 Inorganic Components
7.4.1 Overview
7.4.2 Asia-Pacific Inorganic Components Photovoltaic Market, Revenue Forecast to 2027 (US$ Bn)
8. Asia-Pacific Photovoltaic Market Analysis ? By Component
8.1 Overview
8.2 Asia-Pacific Photovoltaic Market Breakdown, By Component, 2018 & 2027
8.3 Cells
8.3.1 Overview
8.3.2 Asia-Pacific Cells Market Revenue Forecasts to 2027 (US$ Bn)
8.4 Optics
8.4.1 Overview
8.4.2 Asia-Pacific Optics Market Revenue Forecasts to 2027 (US$ Bn)
8.5 Trackers
8.5.1 Overview
8.5.2 Asia-Pacific Trackers Market Revenue forecast to 2027 (US$ Bn)
9. Asia-Pacific Photovoltaic Market Analysis ? by Application
9.1 Overview
9.2 Asia-Pacific Photovoltaic Market Breakdown, By Application, 2018 & 2027
9.3 Commercial Applications
9.3.1 Overview
9.3.2 Asia-Pacific Commercial Applications in Photovoltaic Revenue and Forecasts to 2027 (US$ BN)
9.4 Residential Application
9.4.1 Overview
9.4.2 Asia-Pacific Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
9.5 Utility Application
9.5.1 Overview
9.5.2 Asia-Pacific Utility Application in Photovoltaic Revenue and Forecast to 2027 (US$ BN)
10. Asia-Pacific Photovoltaic Market ? Country Analysis
10.1 Overview
10.2 Asia-Pacific Photovoltaic Market Revenue and Forecast to 2027
10.2.1 Asia-Pacific Photovoltaic Market Breakdown, by Country
10.2.1.1 Australia Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.1.1 Australia Photovoltaic Market Breakdown, By Application
10.2.1.1.2 Australia Photovoltaic Market Breakdown, By Type
10.2.1.1.3 Australia Photovoltaic Market Breakdown, By Component
10.2.1.2 China Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.2.1 China Photovoltaic Market Breakdown, By Application
10.2.1.2.2 China Photovoltaic Market Breakdown, By Type
10.2.1.2.3 China Photovoltaic Market Breakdown, By Component
10.2.1.3 Japan Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.3.1 Japan Photovoltaic Market Breakdown, By Application
10.2.1.3.2 Japan Photovoltaic Market Breakdown, By Type
10.2.1.3.3 Japan Photovoltaic Market Breakdown, By Component
10.2.1.4 India Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.4.1 India Photovoltaic Market Breakdown, By Application
10.2.1.4.2 India Photovoltaic Market Breakdown, By Type
10.2.1.4.3 India Photovoltaic Market Breakdown, By Component
10.2.1.5 South Korea Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.5.1 South Korea Photovoltaic Market Breakdown, By Application
10.2.1.5.2 South Korea Photovoltaic Market Breakdown, By Type
10.2.1.5.3 South Korea Photovoltaic Market Breakdown, By Component
10.2.1.6 Taiwan Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.6.1 Taiwan Photovoltaic Market Breakdown, By Application
10.2.1.6.2 Taiwan Photovoltaic Market Breakdown, By Type
10.2.1.6.3 Taiwan Photovoltaic Market Breakdown, By Component
10.2.1.7 Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 (US$ BN)
10.2.1.7.1 Rest of APAC Photovoltaic Market Breakdown, By Application
10.2.1.7.2 Rest of APAC Photovoltaic Market Breakdown, By Type
10.2.1.7.3 Rest of APAC Photovoltaic Market Breakdown, By Component
11. Company Profiles
11.1 Mitsubishi Electric Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Panasonic Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Kaneka Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Kyocera Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sharp Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 JA Solar Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Renesola Co. Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Trina Solar
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 Jink Solar
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Shunfeng International Clean Energy Co., Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia-Pacific Photovoltaic Market Revenue and Forecasts to 2027 (US$ Bn)
Table 2. Australia Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 3. Australia Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 4. Australia Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 5. China Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 6. China Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 7. China Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 8. Japan Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 9. Japan Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 10. Japan Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 11. India Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 12. India Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 13. India Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 14. South Korea Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 15. South Korea Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 16. South Korea Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 17. Taiwan Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 18. Taiwan Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 19. Taiwan Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 20. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 ? By Application (US$ Bn)
Table 21. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 ? By Type (US$ Bn)
Table 22. Rest of APAC Photovoltaic Market Revenue and Forecast to 2027 ? By Component (US$ Bn)
Table 23. Glossary of Term: Enterprise Labeling Software Market
LIST OF FIGURES
Figure 1. Photovoltaic Market Segmentation
Figure 2. Country Segmentation of Asia-Pacific Photovoltaic Market
Figure 3. Photovoltaic Market Overview
Figure 4. Utility Application Held Larger Share of Photovoltaic Market in 2018
Figure 5. Photovoltaic Industry Landscape
Figure 6. Photovoltaic Market Forecast and Analysis, (US$ Bn)
Figure 7. Impact Analysis of Drivers and Restraints
Figure 8. Asia-Pacific Photovoltaic Market Breakdown, by Type, Value, 2018 & 2027 (%)
Figure 9. Asia-Pacific Organic Components Photovoltaic Market, Revenue Forecast, 2018?2027 (US$ Bn)
Figure 10. Asia-Pacific Inorganic Components Photovoltaic Market Revenue Forecast to 2027 (US$ Bn)
Figure 11. Asia-Pacific Photovoltaic Market Breakdown, by Component, Value, 2018 & 2027 (%)
Figure 12. Asia-Pacific Cells Market Revenue Forecast to 2027 (US$ Bn)
Figure 13. Asia-Pacific Optics Market Revenue, Forecast to 2027 (US$ Bn)
Figure 14. Asia-Pacific Trackers Market, Revenue Forecast, 2018?2027 (US$ Bn)
Figure 15. Asia-Pacific Photovoltaic Market Breakdown by Application, by Value, 2018 & 2027 (%)
Figure 16. Asia-Pacific Commercial Applications in Photovoltaic Market, Revenue and Forecast, 2017-2027 (US$ BN)
Figure 17. Asia-Pacific Residential Application in Photovoltaic Revenue Forecast to 2027 (US$ BN)
Figure 18. Asia-Pacific Utility Application in Photovoltaic Market Revenue and Forecasts to 2027 (US$ BN)
Figure 19. Asia-Pacific Photovoltaic Market Breakdown, By Country, 2018 & 2027(%)
Figure 20. Australia Photovoltaic Market Forecasts to 2027 (US$ Bn)
Figure 21. China Photovoltaic Market Forecast to 2027 (US$ Bn)
Figure 22. Japan Photovoltaic Market Forecasts to 2027 (US$ Bn)
Figure 23. India Photovoltaic Market Forecasts to 2027 (US$ Bn)
Figure 24. South Korea Photovoltaic Market Forecasts to 2027 (US$ Bn)
Figure 25. Taiwan Photovoltaic Market Forecasts to 2027 (US$ Bn)
Figure 26. Rest of APAC Photovoltaic Market Forecasts to 2027 (US$ Bn)
The List of Companies - Asia-Pacific Photovoltaic Market
1. Mitsubishi Electric Corporation
2. Panasonic Corporation
3. Kaneka Corporation
4. Kyocera Corporation
5. Sharp Corporation
6. JA Solar Co., Ltd
7. Renesola Co. Ltd
8. Trina Solar
9. Jink Solar
10. Shunfeng International Clean Energy Co., Ltd.