Rooftop Solar Photovoltaic Installation Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A rooftop solar photovoltaic installation is a type of electrical installation setup, mounted on the roof that converts solar energy into electricity. Rooftop solar PV systems are distributed power generation system that help in meeting the energy demand of buildings within an existing distribution network. The size of the installation is dependent upon the size of the building and can vary dramatically. The rooftop solar PV systems are small in size and are installed on residential and commercial buildings rooftop.
MARKET SCOPE
The "Global Rooftop solar photovoltaic installation Market Analysis to 2031" is a specialized and in-depth study of the Rooftop solar photovoltaic installation market with a special focus on the global market trend analysis. The report aims to provide an overview of Rooftop solar photovoltaic installation market with detailed market segmentation by deployment, technology, end-use, and geography. The global Rooftop solar photovoltaic installation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Rooftop solar photovoltaic installation market players and offers key trends and opportunities in the Rooftop solar photovoltaic installation market.
MARKET SEGMENTATION
- The global Rooftop solar photovoltaic installation market is segmented on the basis of service, and end user.
- On the basis of deployment, the market is segmented as ground mounted, rooftop mounted.
- On the basis of technology, the market is segmented as thin film, crystalline silicon
- On the basis of end-user the market is segmented into residential, commercial, and industrial.
MARKET DYNAMICS
Drivers:
- Growing demand for rooftop solar photovoltaic systems in residential buildings.
- The demand for which is on a high with technological developments to improve the living standard of the people by offering different electrical power consuming home appliance.
- High cost to restrain the market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Rooftop solar photovoltaic installation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Rooftop solar photovoltaic installation market in these regions.
IMPACT OF COVID-19 ON ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET
Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries and electrical utilities, which decreased the demand for electricity from these consumers. Regardless of this strength, renewables' growth is anticipated to decrease. The globe is set to include 67 gigawatts (GW) of renewable power capacity. This decrease reflects delays in construction due to supply chain disturbances, lockdown actions and also social distancing guidelines, along with emerging financing obstacles. According to the International Energy Agency forecast, it expects utility-scale solar PV projects to rebound as most of the projects are already financed and under construction, however setups of roof solar PV for companies and homes might continue to be dispirited in the medium term without strong government assistance.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Rooftop solar photovoltaic installation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Rooftop solar photovoltaic installation market in these regions.
IMPACT OF COVID-19 ON ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET
Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries and electrical utilities, which decreased the demand for electricity from these consumers. Regardless of this strength, renewables' growth is anticipated to decrease. The globe is set to include 67 gigawatts (GW) of renewable power capacity. This decrease reflects delays in construction due to supply chain disturbances, lockdown actions and also social distancing guidelines, along with emerging financing obstacles. According to the International Energy Agency forecast, it expects utility-scale solar PV projects to rebound as most of the projects are already financed and under construction, however setups of roof solar PV for companies and homes might continue to be dispirited in the medium term without strong government assistance.
MARKET PLAYERS
The report covers key developments in the Rooftop solar photovoltaic installation market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Rooftop solar photovoltaic installation market market are anticipated to lucrative growth opportunities in the future with the rising demand for Rooftop solar photovoltaic installation market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Rooftop solar photovoltaic installation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Suntech Power Holding Co. Ltd,
- First Solar Inc.,
- Yingli Solar,
- Sunpower Corporation,
- Sharp Corporation,
- JA Solar Holding Company Ltd.,
- Kyocera,
- Shenzhen Topray Solar Co. Ltd.,
- Tata Power Solar Systems Ltd.
- Wuxi Suntech Power Co. LTD.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Rooftop Solar Photovoltaic Installation Market - By Deployment
1.3.2 Rooftop Solar Photovoltaic Installation Market - By Technology
1.3.3 Rooftop Solar Photovoltaic Installation Market - By End-Use
1.3.4 Rooftop Solar Photovoltaic Installation Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET - GLOBAL MARKET ANALYSIS
6.1. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION - GLOBAL MARKET OVERVIEW
6.2. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
7.1. OVERVIEW
7.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
7.3. GROUND MOUNTED
7.3.1. Overview
7.3.2. Ground Mounted Market Forecast and Analysis
7.4. ROOFTOP MOUNTED
7.4.1. Overview
7.4.2. Rooftop Mounted Market Forecast and Analysis
8. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. THIN FILM
8.3.1. Overview
8.3.2. Thin Film Market Forecast and Analysis
8.4. CRYSTALLINE SILICO
8.4.1. Overview
8.4.2. Crystalline Silico Market Forecast and Analysis
9. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. INDUSTRIAL
9.3.1. Overview
9.3.2. Industrial Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. RESIDENTIAL
9.5.1. Overview
9.5.2. Residential Market Forecast and Analysis
10. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Rooftop Solar Photovoltaic Installation Market Overview
10.1.2 North America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis
10.1.3 North America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Deployment
10.1.4 North America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Technology
10.1.5 North America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By End-Use
10.1.6 North America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Countries
10.1.6.1 United States Rooftop Solar Photovoltaic Installation Market
10.1.6.1.1 United States Rooftop Solar Photovoltaic Installation Market by Deployment
10.1.6.1.2 United States Rooftop Solar Photovoltaic Installation Market by Technology
10.1.6.1.3 United States Rooftop Solar Photovoltaic Installation Market by End-Use
10.1.6.2 Canada Rooftop Solar Photovoltaic Installation Market
10.1.6.2.1 Canada Rooftop Solar Photovoltaic Installation Market by Deployment
10.1.6.2.2 Canada Rooftop Solar Photovoltaic Installation Market by Technology
10.1.6.2.3 Canada Rooftop Solar Photovoltaic Installation Market by End-Use
10.1.6.3 Mexico Rooftop Solar Photovoltaic Installation Market
10.1.6.3.1 Mexico Rooftop Solar Photovoltaic Installation Market by Deployment
10.1.6.3.2 Mexico Rooftop Solar Photovoltaic Installation Market by Technology
10.1.6.3.3 Mexico Rooftop Solar Photovoltaic Installation Market by End-Use
10.2. EUROPE
10.2.1 Europe Rooftop Solar Photovoltaic Installation Market Overview
10.2.2 Europe Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis
10.2.3 Europe Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Deployment
10.2.4 Europe Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Technology
10.2.5 Europe Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By End-Use
10.2.6 Europe Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Rooftop Solar Photovoltaic Installation Market
10.2.6.1.1 Germany Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.1.2 Germany Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.1.3 Germany Rooftop Solar Photovoltaic Installation Market by End-Use
10.2.6.2 France Rooftop Solar Photovoltaic Installation Market
10.2.6.2.1 France Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.2.2 France Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.2.3 France Rooftop Solar Photovoltaic Installation Market by End-Use
10.2.6.3 Italy Rooftop Solar Photovoltaic Installation Market
10.2.6.3.1 Italy Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.3.2 Italy Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.3.3 Italy Rooftop Solar Photovoltaic Installation Market by End-Use
10.2.6.4 United Kingdom Rooftop Solar Photovoltaic Installation Market
10.2.6.4.1 United Kingdom Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.4.2 United Kingdom Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.4.3 United Kingdom Rooftop Solar Photovoltaic Installation Market by End-Use
10.2.6.5 Russia Rooftop Solar Photovoltaic Installation Market
10.2.6.5.1 Russia Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.5.2 Russia Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.5.3 Russia Rooftop Solar Photovoltaic Installation Market by End-Use
10.2.6.6 Rest of Europe Rooftop Solar Photovoltaic Installation Market
10.2.6.6.1 Rest of Europe Rooftop Solar Photovoltaic Installation Market by Deployment
10.2.6.6.2 Rest of Europe Rooftop Solar Photovoltaic Installation Market by Technology
10.2.6.6.3 Rest of Europe Rooftop Solar Photovoltaic Installation Market by End-Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Overview
10.3.2 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis
10.3.3 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Deployment
10.3.4 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By End-Use
10.3.6 Asia-Pacific Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Rooftop Solar Photovoltaic Installation Market
10.3.6.1.1 Australia Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.1.2 Australia Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.1.3 Australia Rooftop Solar Photovoltaic Installation Market by End-Use
10.3.6.2 China Rooftop Solar Photovoltaic Installation Market
10.3.6.2.1 China Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.2.2 China Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.2.3 China Rooftop Solar Photovoltaic Installation Market by End-Use
10.3.6.3 India Rooftop Solar Photovoltaic Installation Market
10.3.6.3.1 India Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.3.2 India Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.3.3 India Rooftop Solar Photovoltaic Installation Market by End-Use
10.3.6.4 Japan Rooftop Solar Photovoltaic Installation Market
10.3.6.4.1 Japan Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.4.2 Japan Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.4.3 Japan Rooftop Solar Photovoltaic Installation Market by End-Use
10.3.6.5 South Korea Rooftop Solar Photovoltaic Installation Market
10.3.6.5.1 South Korea Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.5.2 South Korea Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.5.3 South Korea Rooftop Solar Photovoltaic Installation Market by End-Use
10.3.6.6 Rest of Asia-Pacific Rooftop Solar Photovoltaic Installation Market
10.3.6.6.1 Rest of Asia-Pacific Rooftop Solar Photovoltaic Installation Market by Deployment
10.3.6.6.2 Rest of Asia-Pacific Rooftop Solar Photovoltaic Installation Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Rooftop Solar Photovoltaic Installation Market by End-Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Overview
10.4.2 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis
10.4.3 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Deployment
10.4.4 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By End-Use
10.4.6 Middle East and Africa Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Rooftop Solar Photovoltaic Installation Market
10.4.6.1.1 South Africa Rooftop Solar Photovoltaic Installation Market by Deployment
10.4.6.1.2 South Africa Rooftop Solar Photovoltaic Installation Market by Technology
10.4.6.1.3 South Africa Rooftop Solar Photovoltaic Installation Market by End-Use
10.4.6.2 Saudi Arabia Rooftop Solar Photovoltaic Installation Market
10.4.6.2.1 Saudi Arabia Rooftop Solar Photovoltaic Installation Market by Deployment
10.4.6.2.2 Saudi Arabia Rooftop Solar Photovoltaic Installation Market by Technology
10.4.6.2.3 Saudi Arabia Rooftop Solar Photovoltaic Installation Market by End-Use
10.4.6.3 U.A.E Rooftop Solar Photovoltaic Installation Market
10.4.6.3.1 U.A.E Rooftop Solar Photovoltaic Installation Market by Deployment
10.4.6.3.2 U.A.E Rooftop Solar Photovoltaic Installation Market by Technology
10.4.6.3.3 U.A.E Rooftop Solar Photovoltaic Installation Market by End-Use
10.4.6.4 Rest of Middle East and Africa Rooftop Solar Photovoltaic Installation Market
10.4.6.4.1 Rest of Middle East and Africa Rooftop Solar Photovoltaic Installation Market by Deployment
10.4.6.4.2 Rest of Middle East and Africa Rooftop Solar Photovoltaic Installation Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Rooftop Solar Photovoltaic Installation Market by End-Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Rooftop Solar Photovoltaic Installation Market Overview
10.5.2 South and Central America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis
10.5.3 South and Central America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Deployment
10.5.4 South and Central America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By End-Use
10.5.6 South and Central America Rooftop Solar Photovoltaic Installation Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Rooftop Solar Photovoltaic Installation Market
10.5.6.1.1 Brazil Rooftop Solar Photovoltaic Installation Market by Deployment
10.5.6.1.2 Brazil Rooftop Solar Photovoltaic Installation Market by Technology
10.5.6.1.3 Brazil Rooftop Solar Photovoltaic Installation Market by End-Use
10.5.6.2 Argentina Rooftop Solar Photovoltaic Installation Market
10.5.6.2.1 Argentina Rooftop Solar Photovoltaic Installation Market by Deployment
10.5.6.2.2 Argentina Rooftop Solar Photovoltaic Installation Market by Technology
10.5.6.2.3 Argentina Rooftop Solar Photovoltaic Installation Market by End-Use
10.5.6.3 Rest of South and Central America Rooftop Solar Photovoltaic Installation Market
10.5.6.3.1 Rest of South and Central America Rooftop Solar Photovoltaic Installation Market by Deployment
10.5.6.3.2 Rest of South and Central America Rooftop Solar Photovoltaic Installation Market by Technology
10.5.6.3.3 Rest of South and Central America Rooftop Solar Photovoltaic Installation Market by End-Use
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ROOFTOP SOLAR PHOTOVOLTAIC INSTALLATION MARKET, KEY COMPANY PROFILES
12.1. SUNTECH POWER HOLDING CO. LTD
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FIRST SOLAR INC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. YINGLI SOLAR
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. SUNPOWER CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. SHARP CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. JA SOLAR HOLDING COMPANY LTD
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. KYOCERA
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SHENZHEN TOPRAY SOLAR CO. LTD
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TATA POWER SOLAR SYSTEMS LTD
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. WUXI SUNTECH POWER CO. LTD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.Suntech Power Holding Co. Ltd
2.First Solar Inc
3.Yingli Solar
4.Sunpower Corporation
5.Sharp Corporation
6.JA Solar Holding Company Ltd
7.Kyocera
8.Shenzhen Topray Solar Co. Ltd
9.Tata Power Solar Systems Ltd
10.Wuxi Suntech Power Co. LTD
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.