Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global PHOTOVOLTAIC SYSTEMS market in this environment.
In terms of revenue, this research report indicated that the global PHOTOVOLTAIC SYSTEMS market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of PHOTOVOLTAIC SYSTEMS industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The CSUN aims at producing XX PHOTOVOLTAIC SYSTEMS in 2020, with XX % production to take place in global market, SunPower accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of PHOTOVOLTAIC SYSTEMS Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in PHOTOVOLTAIC SYSTEMS Market?
CSUN
SunPower
Sharp
Kyocera Solar
Solar Frontier
NSP
Trina Solar
Canadian Solar
Hanwha
Jinko Solar
JA Solar
Yingli
GCL System Integration
ReneSola
Chint Group
Hareonsolar
Eging PV
Elkem Solar
HT-SAAE
...
Major Type of PHOTOVOLTAIC SYSTEMS Covered in XYZResearch report:
Single Crystal Silicon
Polycrystalline Silicon
Others
Application Segments Covered in XYZResearch Market
Residential
Commercial
Ground Station
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global PHOTOVOLTAIC SYSTEMS Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Single Crystal Silicon -Product Introduction and Major Manufacturers
1.1.2 Polycrystalline Silicon -Product Introduction and Major Manufacturers
1.1.3 Others -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global PHOTOVOLTAIC SYSTEMS Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China PHOTOVOLTAIC SYSTEMS Market
3.1.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU PHOTOVOLTAIC SYSTEMS Market
3.2.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA PHOTOVOLTAIC SYSTEMS Market
3.3.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan PHOTOVOLTAIC SYSTEMS Market
3.4.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India PHOTOVOLTAIC SYSTEMS Market
3.5.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia PHOTOVOLTAIC SYSTEMS Market
3.6.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America PHOTOVOLTAIC SYSTEMS Market
3.7.1 Top Companies leading PHOTOVOLTAIC SYSTEMS Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America PHOTOVOLTAIC SYSTEMS Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 PHOTOVOLTAIC SYSTEMS Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on PHOTOVOLTAIC SYSTEMS Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global PHOTOVOLTAIC SYSTEMS Sales and Growth Rate (2021-2026)
5.2 Global PHOTOVOLTAIC SYSTEMS Sales Value and Growth Rate (2021-2026)
6 PHOTOVOLTAIC SYSTEMS Competitive Analysis
6.1 CSUN
6.1.1 CSUN Company Profiles
6.1.2 CSUN Product Introduction
6.1.3 CSUN PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 SunPower
6.2.1 SunPower Company Profiles
6.2.2 SunPower Product Introduction
6.2.3 SunPower PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Sharp
6.3.1 Sharp Company Profiles
6.3.2 Sharp Product Introduction
6.3.3 Sharp PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Kyocera Solar
6.4.1 Kyocera Solar Company Profiles
6.4.2 Kyocera Solar Product Introduction
6.4.3 Kyocera Solar PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Solar Frontier
6.5.1 Solar Frontier Company Profiles
6.5.2 Solar Frontier Product Introduction
6.5.3 Solar Frontier PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 NSP
6.6.1 NSP Company Profiles
6.6.2 NSP Product Introduction
6.6.3 NSP PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Trina Solar
6.7.1 Trina Solar Company Profiles
6.7.2 Trina Solar Product Introduction
6.7.3 Trina Solar PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Canadian Solar
6.8.1 Canadian Solar Company Profiles
6.8.2 Canadian Solar Product Introduction
6.8.3 Canadian Solar PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Hanwha
6.9.1 Hanwha Company Profiles
6.9.2 Hanwha Product Introduction
6.9.3 Hanwha PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Jinko Solar
6.10.1 Jinko Solar Company Profiles
6.10.2 Jinko Solar Product Introduction
6.10.3 Jinko Solar PHOTOVOLTAIC SYSTEMS Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 JA Solar
6.12 Yingli
6.13 GCL System Integration
6.14 ReneSola
6.15 Chint Group
6.16 Hareonsolar
6.17 Eging PV
6.18 Elkem Solar
6.19 HT-SAAE
7 Conclusion
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