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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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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 Key Buyers Chapter

The top four enterprises in the Solar Power industry in China account for an estimated 25.3% of industry revenue in 2016, reflecting a low concentration level.

As the industry is still relatively young, there are large investment requirements for purchasing advanced equipment and materials. R&D into developing more efficient equipment and materials, such as solar cells, is also required. Only large and well-funded enterprises, such as state-owned enterprises, are able to take on such expenses.

New companies are required to gain licenses authorized by the government. The entry of new operators is strictly controlled, which increases the market share of larger players in this industry.

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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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