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APAC Solar Panel Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023<br>The APAC solar panel market is expected to grow at a high CAGR during 2018-2023.A variety of factors such as environmental concern, lack of oil and gas resources, and demand for energy due to rise in population are driving the APAC solar panel market. Increased carbon emission due to the fossil fuel and need of unlimited clean energy are reasons behind the growth of APAC solar panel market.
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Orion Market Research APAC SOLAR PANEL MARKET RESEARCH AND FORECAST 2018-2023
DEFINITION Solar panels are devices that absorb sunlight to generate electricity. It consists of crystalline silicon solar cells and enables to combat harmful greenhouse gas emissions. Hence, it is a clean source of energy.
MARKET MOTIVATORS • Environmental concern • Lack of oil and gas resources • Government as well as other big players are investing in the market • Demand for energy due to rise in population • Government incentives
MARKET RESTRAINTS • Competition with well-established oil and gas market • To fulfil the increasing energy demand • Lack of proper energy storage and energy transportation facility
MARKET OPPORTUNITIES • Emerging market such as India and China • No entry barrier for new entrants
MARKET SEGMENTATION BY END USER • Household sector • Industrial sector • Corporate sector • Other
MARKET PLAYERS • Canadian Solar, Inc. • First Solar, Inc. • Sharp Solar • Tata Power Solar Systems Ltd. • Trina Solar Ltd. To Be Continued……
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