Solar Electric Power Generation: Global Markets to 2023Posted by Bharat Book on September 20th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “Solar Electric Power Generation: Global Markets to 2023”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Report Scope: This research report categorizes the Solar Electric Power Generation Market by type. Product types include residential, commercial and industrial. Report Includes: - 96 tables Request a free sample copy of Solar Electric Power Generation Market Report @ Summary The solar electric power generation market growth outlook is stable with significant growth potential for electricity from residential customers. There is mounting pressure to reduce costs, improve power supply and improve efficiency of solar generation. At the same time, factors such as emerging market growth, rapid urbanization and industrialization are contributing to the growth of the market. The solar electric power generation market reached a value of nearly $REDACTED billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2023. The market for solar electric power generation is fragmented. Major players in the market are State Power Investment Corp. (SPIC), Enel SpA, Exelon Corp., Dominion Energy, Inc., and Engie S.A. The residential segment accounted for the largest share of the solar electric power generation market in 2018 at $REDACTED billion. The highest growth is projected to come from the residential segment, which is forecast to grow at a CAGR of REDACTED%. Major factors for this growth include rapid increase in population in many countries in Asia and the Middle East, and urbanization in emerging markets. Asia Pacific was the largest region in the solar electric power generation market, accounting for REDACTED% of the global market. It was followed by Western Europe and North America. Going forward, the MiddleEast is expected to witness the fastest growth in the solar electric power generation market, estimatedat grow at a CAGR of REDACTED%, followed by South America which is expected to grow at a CAGR of REDACTED%. Japan was the largest country in terms of value in the solar electric power generation market. Russia and India are forecast to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively. The market is challenged by restraints such as low efficiency of solar panels, land scarcity and increasing trade protectionism. Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/Solar-Electric-Power-Generation-Global-Markets-to-2023/1231115 About Bharat Book Bureau: Contact us at: Bharat Book Bureau Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it!More by this author |