A grid connected photovoltaic power system is a solar PV system connected to utility grid that generates electricity using solar power. A grid connected PV system comprises solar panels, a power conditioning unit, grid connection equipment, and one or many inverters. These systems can range from commercial rooftop systems and small residential units to large utility-scale solar power stations. Unlike standalone solar power equipment, grid connected systems seldom constitute any integrated battery solutions. During favorable conditions, a grid connected PV system supplies superfluous power to the utility, beyond what is required for consumption of the connected load.
Solar PV systems installed at home are connected to home appliances, meters, and the grid. Residential consumers opt for grid connections over off-grid connections as they are capable of functioning without batteries and other standalone equipment.
The cost-effectiveness and ease of maintenance will increase the adoption and installation of grid connections. Technavios market study identifies the advantages associated with grid-connected PV systems to be one of the primary growth factors for the grid-connected PV systems market. Solar PV systems can easily generate more electricity than the consumption requirement, while feeding the excess electricity onto the grid. The renewability of solar power reduces the dependence and utilization of fossil fuels in power plants, while reducing the cost.
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The global Grid Connected PV Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019–2025.
This report focuses on Grid Connected PV Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Grid Connected PV Systems market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Grid Connected PV Systems in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Grid Connected PV Systems manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
- Canadian Solar
- Hanwha Group
- Huawei Technologies
- JA SOLAR
- Trina Solar
Segment by Regions
- North America
- Southeast Asia
Segment by Type
- Solar Panels
- Power Conditioning Unit
- Grid Connection Equipment
Segment by Application
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Table of content
1 Industry Overview of Grid Connected PV Systems
1.1 Definition of Grid Connected PV Systems
1.2 Grid Connected PV Systems Segment by Type
1.2.1 Global Grid Connected PV Systems Production Growth Rate Comparison by Types (2014–2025)
1.2.2 Solar Panels
1.2.3 Power Conditioning Unit
1.2.4 Grid Connection Equipment
1.3 Grid Connected PV Systems Segment by Applications
1.3.1 Global Grid Connected PV Systems Consumption Comparison by Applications (2014–2025)
1.4 Global Grid Connected PV Systems Overall Market
1.4.1 Global Grid Connected PV Systems Revenue (2014–2025)
1.4.2 Global Grid Connected PV Systems Production (2014–2025)
1.4.3 North America Grid Connected PV Systems Status and Prospect (2014–2025)
1.4.4 Europe Grid Connected PV Systems Status and Prospect (2014–2025)
1.4.5 China Grid Connected PV Systems Status and Prospect (2014–2025)
1.4.6 Japan Grid Connected PV Systems Status and Prospect (2014–2025)
1.4.7 Southeast Asia Grid Connected PV Systems Status and Prospect (2014–2025)
1.4.8 India Grid Connected PV Systems Status and Prospect (2014–2025)
2 Manufacturing Cost Structure Analysis
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Grid Connected PV Systems
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