Saudi Arabia Solar Panel Market Detailed Analysis Report 2018-2023Posted by Bharat Book on August 22nd, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “Saudi Arabia Solar Panel Market” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. The solar panel market is at the nascent stage in Saudi Arabia. Several upcoming infrastructure projects in the country along with increasing on-grid power tariffs are expected to drive the demand for solar panels in Saudi Arabia over the coming years. Additionally, construction activities in the commercial, industrial, government and residential sectors are expected to further fuel the demand for solar panels in the region. Moreover, to reduce the current fiscal deficit and to increase the non-oil based revenues of the Kingdom, the government is planning to invest heavily in renewable energy sources such as solar and wind energy. Saudi Arabia Solar Panel Market revenues are projected to grow at a CAGR of 30.2% during 2018-24. Saudi Arabia is likely to ramp up spending on renewable energy sector. Spending on solar energy is growing tremendously over the past few years. For instance, Saudi Arabia has signed a memorandum of understanding (MoU) with SoftBank Group to build world largest solar project of 200 GW worth 0 Billion by 2030, which would positively impact the solar panel market in coming years. Amongst all types, polycrystalline solar panel captured the significant share of the market and is expected to maintain market leadership over the forecast period as well. Commercial application was the key revenue generating application followed by Power Utility application in Saudi Arabia Solar Panel market. Key players in Saudi Arabia solar panel market include: First Solar, Canadian Solar, Jinko Solar, Trina Solar, GTek Solar, Desert Technologies. Request a free sample copy Solar Panel of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/1145223 The report thoroughly covers the Solar Panel market by types, applications and regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics. Key Highlights of the Report:
Markets Covered The report provides a detailed analysis of the following market segments:
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