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Solar Power Generation in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Solar Power Generation Market Research Report | Apr 2016

IBISWorld’s Solar Power Generation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
78.2%
Annual Growth 16-21
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Profit
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Employment
36,084
Businesses
353
Industry Analysis & Industry Trends

The still immature Solar Power Generation industry has been developing rapidly. Industry revenue has been rising at an annualized rate of 78.2% over the five years through 2016 to total $3.3 billion.

Rising household demand for electricity in China has led to several power supply shortages over the past few years, which has stimulated demand for solar power generation. In addition, a reliance on imported oil and gas resources for power and increasing environmental consciousness have led to a strong government focus on the development of renewable energy, especially solar power. By the end of 2015, the total installed capacity of solar power generation increased to 41.58 gigawattes, which accounted for 20% of totals in the world.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

In the 10 years to 2021, industry value-added for the Solar Power Generation industry is estimated to grow much faster than China's GDP, indicating a growing life cycle stage.

Technology changes are frequent in this industry and are focused on power generation efficiency and project expansion. Hence, improvements in technology and systems will elevate the industry in the near future.

Solar power resources are scattered across the country, and a complete well-developed electricity distribution network is essential for maximizing usage of solar power. However, the Electricity Transmission and Distribution industry in China is still in the early phase of its development (IBISWorld industry report 4420)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Power Generation Industry?

The Solar Power Generation industry in China generates power by solar energy. It includes photovoltaic (PV) power generation and solar thermal power generation. Usually, solar power generation refers to PV, which utilizes solar cells to directly convert solar energy into electric energy.

Industry Products
Solar photovoltaic power (PV)Solar thermal power
 
Industry Activities
Photovoltaic power generationSolar thermal power generation


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