Solar Photovoltaic Installation Market by Grid Type, Technology, and End
Use - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2012 - 2018
105 Page Report
By 2018, Solar Photovoltaic (PV) Installation Market to Surpass
US$145.9 billion: Transparency Market Research
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Solar Photovoltaic Installation Market
As governments and the industry focus on harnessing the maximum potential of solar energy in view of mounting energy
demand, the solar photovoltaic (PV) installation market will receive a massive impetus. A latest report by Transparency
Market Research reveals that the solar PV installation market will be worth US$145.9 billion by 2018, charting a CAGR of
10.7% between 2012 and 2018.
Browse full Solar Photovoltaic Installation Market Report :
According to the findings of the market research report, in 2011 the global solar photovoltaic installation market was
recorded at 29.6 gigawatts. The market, with an estimated growth rate of CAGR of 10.7%, will likely have installed
capacity of 60.05 gigawatts by 2018. In revenue terms, the global market for solar photovoltaic (PV) installation is
projected to be valued at US$145.9 billion by 2018.
The key growth drivers in the solar PV installation market, according to the report, are: a mounting demand for electrical
energy worldwide, abundantly available solar energy in most geographical locations worldwide, government regulations
that favor the expansion of solar PV installation, and heightened concerns about sustainable energy sources and
environment conservation. The prices of solar PV...