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Alternative Solar Photovoltaic Technologies Market: Global Opportunity Analysis and Industry Forecast, 2019–2027

A09597
Pages: NA
Jan 2021 | 100 Views
 
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Solar photovoltaic technology facilitates conversion of photons into electricity. This is done by either converting part of the energy to electricity, for instance in a photovoltaic cell or by storing some part of the energy with a chemical reaction, for instance, while converting water to hydrogen and oxygen. Two function of this technology includes photogeneration of charge carriers in a light absorbing material and separation of charge carriers to a conducive contact that will transmit the electricity. Alternative solar photovoltaic technology possesses properties such as higher conversion efficiencies, lighter weight, greater mechanical flexibility, and less fragility. Owing to continuous increase in demand of renewable source of energy, rise in investment has been witnessed in alternative solar photovoltaic technology market. It is used in remote locations where cost-effective access is not given to power grids. This technology significantly lowers cost in comparison to electricity produced through traditional sources such as carbon fuels.
 
Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa

  Companies covered

Sharp Solar, Power Film, Plexelectronics, Microlink Devices, Miasole, IBM Research, Heliatek, Heliovolt, Polyera, Sony, solibro, Solar Print, Sharp Solar, Solar Junction, Solaronix, Solarmer Energy, Solar Frontier, and Global Solar Energy


COVID-19 impact analysis

  • Leading to industrial catastrophe, this COVID-19 pandemic has put the world on standstill position.
  • for the COVID-19 outbreak has been severely impacted the growth of the alternative photovoltaic solar cell technologies market, due to shortage of not only cells and modules but also ancillary products, as this whole industry is dependent on import from other countries.
  • Demand for almost every product is declining these days, due to decrease in disposable income attributed to the lockdown imposed globally.
  • Production processes have halted in the alternative photovoltaic solar cell technologies market, owing to dearth of workforce and lack of supply of raw materials, thereby disrupting the supply chain.

    Market dynamics

Increase in energy demand due to the rising population significantly boosts the need for sustainable energy resources, which acts as a key driving force of the global alternative photovoltaic solar cell technologies market. Furthermore, implementation of stringent regulations that focus on reduced dependency of fossil fuels and help control environmental pollution notably contributes toward the growth of the market. This, in turn, favors the demand for alternative solar photovoltaic technologies. In addition, reduction of the carbon footprint and low cost energy generation are expected to propel the demand for alternative solar photovoltaic technologies, thereby augmenting the market growth.

Key segments covere

Segment

Subsegment

  Type

  • General
  • Superior

  Application

  • Temperature Control
  • Temperature Monitoring
  • Others

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others


Key benefits of the report

  • This study presents the analytical depiction of the global alternative solar photovoltaic technologies market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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