Market Overview:
The global fixed tilt solar PV market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for solar energy across the globe and technological advancements in the solar PV industry. Based on type, the global fixed tilt solar PV market is segmented into mono-Si, multi-Si, and thin film. Mono-Si held a major share of the global fixed tilt solar PV market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its high efficiency as compared to other types of silicon cells and low manufacturing costs. Based on application,the global fixed tilt solar PVmarket is segmented intoPV power station, commercial, residential,and others (government & utilities).
Product Definition:
A fixed tilt solar PV system is a photovoltaic array that has been installed at a fixed angle, typically corresponding to the latitude of the location. These systems are less common than tracking arrays, but can be more economical in some cases. Fixed tilt arrays offer lower installation costs and easier maintenance than tracking arrays; however, they produce less energy due to their stationary position.
Mono-Si:
Mono-Si is a new material that consists of one or more sheets of silicon. It was first developed by the French company Soitec in 2010 and commercialized in 2011. Mono-Si has several advantages over traditional crystalline silicon, which is expected to drive its demand over the forecast period.
Multi-Si:
Multi-Si is a new term in the solar PV industry which stands for multi-crystalline silicon. It's a type of silicon wafer that has more than two grains and henceforth can be used to make solar cells with higher efficiency. Multi-Si was first developed by ReneSola, an Italy based company back in 2010 and since then it has been adopted by other manufacturers as well including First Solar, SunPower, Trony Solar among others.
Application Insights:
The global fixed tilt solar PV market is segmented by application into utility, commercial and residential. The utility application dominated the overall market in 2017 with a share of over 70% owing to the growing demand for electricity from industrial and urban areas. Growing urbanization coupled with rising government initiatives to increase access to electricity across all sectors is expected to drive demand over the forecast period.
The commercial segment is anticipated witness significant growth during the forecast period owing to increasing investments in developing countries such as India, China and Japan which are among the leading markets globally for solar energy generation due to high insolation levels. In addition, these countries have implemented various feed-in tariff schemes that offer premium rates for large scale producers thereby driving adoption of FTSs systems at a domestic level.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market over the forecast period. The region accounted for a volume share of over 45% in 2017 and is anticipated to continue its dominance till 2030. This growth can be attributed to increasing government support, rising awareness about renewable energy, and increasing investments in solar power generation projects across countries such as China, Japan, India, South Korea & Malaysia.
The European market was valued at USD X billion in 2017 owing to high demand from several major countries including Germany and Italy which are amongst the top 10 consumers of electricity generated from solar PV plants worldwide in terms of capacity (MW). In addition; Spain has one of Europe’s largest operational capacities for tilt-type modules with more than 1 GW installed by 2018 which further boosted revenue generation across this region during same year.
Growth Factors:
- Increasing demand for electricity due to population growth and rising standards of living
- Government policies and incentives that favor solar energy over other forms of energy generation
- Reduction in the cost of solar PV systems, making them more affordable for consumers and businesses
- Advances in technology that make solar PV systems more efficient and easier to install
- Increased awareness about the benefits of solar energy among consumers and businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Fixed Tilt Solar PV Market Research Report
By Type
Mono-Si, Multi-Si, Thin Film
By Application
PV Power Station, Commercial, Residential
By Companies
PowerChina, Sungrow, Prodiel, Sterling and Wilson, Swinerton, Grupo ACS, Risen Energy, CEEC, Belectric, Azure Power, PowerChina, Cypress Creek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Fixed Tilt Solar PV Market Report Segments:
The global Fixed Tilt Solar PV market is segmented on the basis of:
Types
Mono-Si, Multi-Si, Thin Film
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
PV Power Station, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PowerChina
- Sungrow
- Prodiel
- Sterling and Wilson
- Swinerton
- Grupo ACS
- Risen Energy
- CEEC
- Belectric
- Azure Power
- PowerChina
- Cypress Creek
Highlights of The Fixed Tilt Solar PV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mono-Si
- Multi-Si
- Thin Film
- By Application:
- PV Power Station
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fixed Tilt Solar PV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fixed tilt solar PV systems have a fixed angle of inclination between the sun and the collector surface. This system is typically less expensive to install than other types of solar PV, but it has lower energy production rates.
Some of the major players in the fixed tilt solar pv market are PowerChina, Sungrow, Prodiel, Sterling and Wilson, Swinerton, Grupo ACS, Risen Energy, CEEC, Belectric, Azure Power, PowerChina, Cypress Creek.
The fixed tilt solar pv market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fixed Tilt Solar PV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fixed Tilt Solar PV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fixed Tilt Solar PV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fixed Tilt Solar PV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fixed Tilt Solar PV Market Size & Forecast, 2020-2028
4.5.1 Fixed Tilt Solar PV Market Size and Y-o-Y Growth
4.5.2 Fixed Tilt Solar PV Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mono-Si
5.2.2 Multi-Si
5.2.3 Thin Film
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 PV Power Station
6.2.2 Commercial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fixed Tilt Solar PV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fixed Tilt Solar PV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mono-Si
9.6.2 Multi-Si
9.6.3 Thin Film
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 PV Power Station
9.10.2 Commercial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mono-Si
10.6.2 Multi-Si
10.6.3 Thin Film
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 PV Power Station
10.10.2 Commercial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mono-Si
11.6.2 Multi-Si
11.6.3 Thin Film
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 PV Power Station
11.10.2 Commercial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mono-Si
12.6.2 Multi-Si
12.6.3 Thin Film
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 PV Power Station
12.10.2 Commercial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mono-Si
13.6.2 Multi-Si
13.6.3 Thin Film
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 PV Power Station
13.10.2 Commercial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fixed Tilt Solar PV Market: Competitive Dashboard
14.2 Global Fixed Tilt Solar PV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PowerChina
14.3.2 Sungrow
14.3.3 Prodiel
14.3.4 Sterling and Wilson
14.3.5 Swinerton
14.3.6 Grupo ACS
14.3.7 Risen Energy
14.3.8 CEEC
14.3.9 Belectric
14.3.10 Azure Power
14.3.11 PowerChina
14.3.12 Cypress Creek
