A grid connected photovoltaic power system is a solar PV system connected to utility grid that generates electricity using solar power. A grid connected PV system comprises solar panels, a power conditioning unit, grid connection equipment, and one or many inverters. These systems can range from commercial rooftop systems and small residential units to large utility-scale solar power stations. Unlike standalone solar power equipment, grid connected systems seldom constitute any integrated battery solutions. During favorable conditions, a grid connected PV system supplies superfluous power to the utility, beyond what is required for consumption of the connected load.
Scope of the Report:
This report focuses on the Grid Connected PV Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Solar PV systems installed at home are connected to home appliances, meters, and the grid. Residential consumers opt for grid connections over off-grid connections as they are capable of functioning without batteries and other standalone equipment. The cost-effectiveness and ease of maintenance will increase the adoption and installation of grid connections. Technavio’s market study identifies the advantages associated with grid-connected PV systems to be one of the primary growth factors for the grid-connected PV systems market. Solar PV systems can easily generate more electricity than the consumption requirement, while feeding the excess electricity onto the grid. The renewability of solar power reduces the dependence and utilization of fossil fuels in power plants, while reducing the cost.
The worldwide market for Grid Connected PV Systems is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Canadian Solar
Hanwha Group
Huawei Technologies
JA SOLAR
JinkoSolar
Trina Solar
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Solar Panels
Power Conditioning Unit
Grid Connection Equipment
Inverters
Market Segment by Applications, can be divided into
Residential
Non-Residential
There are 15 Chapters to deeply display the global Grid Connected PV Systems market.
Chapter 1, to describe Grid Connected PV Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Grid Connected PV Systems, with sales, revenue, and price of Grid Connected PV Systems, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Grid Connected PV Systems, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Grid Connected PV Systems market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Grid Connected PV Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Grid Connected PV Systems Introduction
1.2 Market Analysis by Type
1.2.1 Solar Panels
1.2.2 Power Conditioning Unit
1.2.3 Grid Connection Equipment
1.2.4 Inverters
1.3 Market Analysis by Applications
1.3.1 Residential
1.3.2 Non-Residential
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Canadian Solar
2.1.1 Business Overview
2.1.2 Grid Connected PV Systems Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Canadian Solar Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Hanwha Group
2.2.1 Business Overview
2.2.2 Grid Connected PV Systems Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Hanwha Group Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Huawei Technologies
2.3.1 Business Overview
2.3.2 Grid Connected PV Systems Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Huawei Technologies Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 JA SOLAR
2.4.1 Business Overview
2.4.2 Grid Connected PV Systems Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 JA SOLAR Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 JinkoSolar
2.5.1 Business Overview
2.5.2 Grid Connected PV Systems Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 JinkoSolar Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Trina Solar
2.6.1 Business Overview
2.6.2 Grid Connected PV Systems Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Trina Solar Grid Connected PV Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Grid Connected PV Systems Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Grid Connected PV Systems Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Grid Connected PV Systems Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Grid Connected PV Systems Manufacturer Market Share in 2017
3.3.2 Top 6 Grid Connected PV Systems Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Grid Connected PV Systems Market Analysis by Regions
4.1 Global Grid Connected PV Systems Sales, Revenue and Market Share by Regions
4.1.1 Global Grid Connected PV Systems Sales and Market Share by Regions (2013-2018)
4.1.2 Global Grid Connected PV Systems Revenue and Market Share by Regions (2013-2018)
4.2 North America Grid Connected PV Systems Sales and Growth Rate (2013-2018)
4.3 Europe Grid Connected PV Systems Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Grid Connected PV Systems Sales and Growth Rate (2013-2018)
4.5 South America Grid Connected PV Systems Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Grid Connected PV Systems Sales and Growth Rate (2013-2018)
5 North America Grid Connected PV Systems by Countries
5.1 North America Grid Connected PV Systems Sales, Revenue and Market Share by Countries
5.1.1 North America Grid Connected PV Systems Sales and Market Share by Countries (2013-2018)
5.1.2 North America Grid Connected PV Systems Revenue and Market Share by Countries (2013-2018)
5.2 United States Grid Connected PV Systems Sales and Growth Rate (2013-2018)
5.3 Canada Grid Connected PV Systems Sales and Growth Rate (2013-2018)
5.4 Mexico Grid Connected PV Systems Sales and Growth Rate (2013-2018)
6 Europe Grid Connected PV Systems by Countries
6.1 Europe Grid Connected PV Systems Sales, Revenue and Market Share by Countries
6.1.1 Europe Grid Connected PV Systems Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Grid Connected PV Systems Revenue and Market Share by Countries (2013-2018)
6.2 Germany Grid Connected PV Systems Sales and Growth Rate (2013-2018)
6.3 UK Grid Connected PV Systems Sales and Growth Rate (2013-2018)
6.4 France Grid Connected PV Systems Sales and Growth Rate (2013-2018)
6.5 Russia Grid Connected PV Systems Sales and Growth Rate (2013-2018)
6.6 Italy Grid Connected PV Systems Sales and Growth Rate (2013-2018)
7 Asia-Pacific Grid Connected PV Systems by Countries
7.1 Asia-Pacific Grid Connected PV Systems Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Grid Connected PV Systems Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Grid Connected PV Systems Revenue and Market Share by Countries (2013-2018)
7.2 China Grid Connected PV Systems Sales and Growth Rate (2013-2018)
7.3 Japan Grid Connected PV Systems Sales and Growth Rate (2013-2018)
7.4 Korea Grid Connected PV Systems Sales and Growth Rate (2013-2018)
7.5 India Grid Connected PV Systems Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Grid Connected PV Systems Sales and Growth Rate (2013-2018)
8 South America Grid Connected PV Systems by Countries
8.1 South America Grid Connected PV Systems Sales, Revenue and Market Share by Countries
8.1.1 South America Grid Connected PV Systems Sales and Market Share by Countries (2013-2018)
8.1.2 South America Grid Connected PV Systems Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Grid Connected PV Systems Sales and Growth Rate (2013-2018)
8.3 Argentina Grid Connected PV Systems Sales and Growth Rate (2013-2018)
8.4 Colombia Grid Connected PV Systems Sales and Growth Rate (2013-2018)
9 Middle East and Africa Grid Connected PV Systems by Countries
9.1 Middle East and Africa Grid Connected PV Systems Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Grid Connected PV Systems Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Grid Connected PV Systems Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Grid Connected PV Systems Sales and Growth Rate (2013-2018)
9.3 UAE Grid Connected PV Systems Sales and Growth Rate (2013-2018)
9.4 Egypt Grid Connected PV Systems Sales and Growth Rate (2013-2018)
9.5 Nigeria Grid Connected PV Systems Sales and Growth Rate (2013-2018)
9.6 South Africa Grid Connected PV Systems Sales and Growth Rate (2013-2018)
10 Global Grid Connected PV Systems Market Segment by Type
10.1 Global Grid Connected PV Systems Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Grid Connected PV Systems Sales and Market Share by Type (2013-2018)
10.1.2 Global Grid Connected PV Systems Revenue and Market Share by Type (2013-2018)
10.2 Solar Panels Sales Growth and Price
10.2.1 Global Solar Panels Sales Growth (2013-2018)
10.2.2 Global Solar Panels Price (2013-2018)
10.3 Power Conditioning Unit Sales Growth and Price
10.3.1 Global Power Conditioning Unit Sales Growth (2013-2018)
10.3.2 Global Power Conditioning Unit Price (2013-2018)
10.4 Grid Connection Equipment Sales Growth and Price
10.4.1 Global Grid Connection Equipment Sales Growth (2013-2018)
10.4.2 Global Grid Connection Equipment Price (2013-2018)
10.5 Inverters Sales Growth and Price
10.5.1 Global Inverters Sales Growth (2013-2018)
10.5.2 Global Inverters Price (2013-2018)
11 Global Grid Connected PV Systems Market Segment by Application
11.1 Global Grid Connected PV Systems Sales Market Share by Application (2013-2018)
11.2 Residential Sales Growth (2013-2018)
11.3 Non-Residential Sales Growth (2013-2018)
12 Grid Connected PV Systems Market Forecast (2018-2023)
12.1 Global Grid Connected PV Systems Sales, Revenue and Growth Rate (2018-2023)
12.2 Grid Connected PV Systems Market Forecast by Regions (2018-2023)
12.2.1 North America Grid Connected PV Systems Market Forecast (2018-2023)
12.2.2 Europe Grid Connected PV Systems Market Forecast (2018-2023)
12.2.3 Asia-Pacific Grid Connected PV Systems Market Forecast (2018-2023)
12.2.4 South America Grid Connected PV Systems Market Forecast (2018-2023)
12.2.5 Middle East and Africa Grid Connected PV Systems Market Forecast (2018-2023)
12.3 Grid Connected PV Systems Market Forecast by Type (2018-2023)
12.3.1 Global Grid Connected PV Systems Sales Forecast by Type (2018-2023)
12.3.2 Global Grid Connected PV Systems Market Share Forecast by Type (2018-2023)
12.4 Grid Connected PV Systems Market Forecast by Application (2018-2023)
12.4.1 Global Grid Connected PV Systems Sales Forecast by Application (2018-2023)
12.4.2 Global Grid Connected PV Systems Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Grid Connected PV Systems Picture
Table Product Specifications of Grid Connected PV Systems
Figure Global Sales Market Share of Grid Connected PV Systems by Types in