Overview

IBISWorld’s Solar Power Generation market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

REPORT SNAPSHOT

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 46.0% over the five years through 2017 to total $4.5 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 2016, the total installed capacity of solar power generation increased to 77.42 gigawattes, which accounted for 25.81% of totals in the world...

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Industry Report - Industry Products Chapter

Solar photovoltaic power (PV)

Solar photovoltaic (PV) power uses solar cells to transfer solar energy into power. Equipment for PV has a long life span and can be easily installed, which greatly adds to its economic value and availability.

In China, PV has been developing rapidly in recent years. Since PV plants rely on solar energy for power generation, they are usually established in areas abundant in solar energy, such as Inner Mongolia, Xinjiang and Ningxia. Power generated by PV stations is widely used for household consumption in western areas and industrial production in Eastern China, especially in Shenzhen, Guangzhou province. In 2017, PV contributes the vast majority of industry revenue, at an estimated 98.7%. Chi..

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Additional Insights for the Solar Power Generation Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Solar Power Generation Industry are

  • Ability to attract local support
  • Ability to negotiate successfully with regulators
  • Ability to take advantage of government subsidies
  • IBISWorld analysts also discuss how external factors such as Infrastructure - Electricity Distribution Network and Competition from Substitutes - Thermal Power Generation - Hydro Power Generation in the Solar Power Generation industry impact industry performance..

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    Industry Products

    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 generation
    Solar thermal power generation

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Infrastructure - Electricity Distribution Network
  • Competition from Substitutes - Thermal Power Generation - Hydro Power Generation
  • Industry Systems and Technology - Electrical Equipment and Appliance mfg
  • Policies/Legislation
  • Rural Population - No. people in Rural Areas

  • Current Performance
  • Challenges for development
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Solar Power Generation Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Solar Power Generation Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Hunting, Forestry and Fishing
  • Manufacturing
  • Electricity Transmission and Distribution
  • Households

  • Key Selling Industries
  • Electrical Equipment and Machinery Manufacturing
  • Solar Panel Manufacturing

  • Products & Services
  • Solar photovoltaic power (PV)
  • Solar thermal power
  • Chart: Solar Power Generation Industry Products and Services Segmentation

  • Demand Determinants
  • Demand from manufacturing and agricultural sectors
  • Household demand
  • Rural demand
  • Government regulations

  • Major Markets
  • Secondary industries
  • Households
  • Tertiary industries
  • Primary industries
  • Chart: Major Market Segmentation for the Solar Power Generation Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Purchases
  • Profitability
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Solar Power Generation

  • Basis of Competition
  • Technology
  • Location
  • Price
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Solar Power Generation Industry

  • Industry Globalization
    Major Companies
    State Power Investment CorporationChina Energy Conservation and Environmental Protection GroupChina Huaneng GroupChina Huadian CorporationChina Guodian Corporation
  • Table: State Power Investment Corporation - financial performance
  • Table: China Energy Conservation and Environmental Protection Group - financial performance
  • Table: China Huaneng Group - financial performance
  • Table: China Huadian Corporation - financial performance
  • Table: China Guodian Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Solar Power Generation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Solar Power Generation Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Electricity Generated by Solar Power (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Giga-Watt (Gw)
  • A unit of power used for large power plants or grids. Equivalent to 1,000 mega-watts (MW).
  • Photovoltaic (Pv) Power Generation
  • Utilizes solar cells to convert solar energy into electric energy.
  • Solar Thermal Power Generation
  • Involves the collection of solar energy by large-scale reflectors and the conversion of that energy into steam for traditional turbo generators.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Solar Power Generation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Solar Power Generation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Solar Power Generation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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