Dublin, Dec. 14, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/4v...ia_pacific ) has announced the addition of the "Asia Pacific Solar Energy Market Outlook, 2015-2020" report to their offering. Owing to the increasing environmental concerns and associated regulations with regard to the deployment of solar energy, this sector is expanding at a double digit growth rate, with China acquiring the largest market. With an equipment market worth $11.19 billion in 2014 in China, the solar PV sector is expected to reach cumulative installed capacity of 143 GW through the forecast period from 2015-2020. India, now expected to be growing at the fastest CAGR, is anticipated to hold a total market of worth $4.71 billion by 2020.
Being one of the most abundantly available renewable energy resources in the Asia Pacific regions, solar energy is now witnessing tremendous growth potential in. The increasing focus on sustainable development along with the motto of reducing carbon and green house gas emissions is primarily acting as an impetus for the adoption of solar energy. Solar energy has significantly changed from being an alternative source of energy to a form of mainstream energy source used for power generation. This is visible due to the increasing reliance on solar energy owing to the recent development, following the likes of encouraging government incentives and declining costs of photovoltaic equipment in the Asian countries. The primary reason behind the growing popularity of the solar energy diversity is in the ways of harnessing various forms of solar energy using variety of technologies such as PV cell, thermal heating, and concentrated solar power technology. The key questions answered in the report are:
- What are the technologies used to harness the solar radiation? - What are the key drivers pushing the market growth of solar energy in APAC region? - What are the major challenges faced against the proliferation of solar generation in APAC region? - What are the potential opportunities of the solar power market along with the competition? - How are the new regulations and laws governing the solar market? - Who is the main governing body formulating the laws for solar energy sector? - Which region of APAC is leading in solar PV production? - What are the major applications of solar energy market? - Which country will be having the highest growth rate by the end of the forecast period? Key Topics Covered: 1 Report Overview 2 Executive Summary 3 Market Overview 4 Competitive Insights 5 Key Consortiums & Alliances 6 APAC Solar Photovoltaic (PV) Market Capacity, Generation, And Revenue 7 APAC Concentrated Solar Power Market 8 APAC Solar Thermal Heating Market 9 APAC Solar PV Market, By Application 10 APAC Solar Energy Market, By Geography 11 Key Players Market Profiles - Age Power Solution - Canadian Solar - First Solar - Huawei Technologies - JA Solar - Kyocera - Omron Corporation - Power-One Micro System PVt. Ltd. - SMA - Sungrow Power Supply Co., Ltd - Tabuchi Electric Co., Ltd - Tmeic - Trina Solar - Xiamen Kehua Hengsheng Co., Ltd - Yingli Solar For more information visit http://www.researchandmarkets.com/research/4v...ia_pacific
CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Solar Power
