Solar Electricity Global Market 2022 Growth, Demand To 2031 Including By Technology: (Photovoltaic Systems; Concentrated Solar Power Systems); By Solar Module: (Monocrystalline; Polycrystalline; Cadmium Telluride; Amorphous Silicon Cells); By End User
- Report ID: 43227
- Date: Sep, 2022
- Pages: 219
- Category: Energy & Power
Solar Electricity Global Market Opportunities And Strategies To 2031 from Altus Market Research provides the strategists; marketers and senior management with the critical information they need to assess the global solar electricity market as it emerges from the COVID 19 shut down.
The global solar electricity market reached a value of nearly $57,253.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 11.1% since 2016, and is expected to grow at a CAGR of 21.8% to nearly $125,572.3 million by 2026. Also, the market is expected to grow to $ 357,159.4 million in 2031 at a CAGR of 23.3%.
Growth in the historic period resulted from strong economic growth in emerging markets, high cost of diesel power, initiatives by companies to promote solar electricity, and a rise in research and development (R&D) investments. Factors that negatively affected growth in the historic period were slow adoption rate, lack of clarity in rooftop solar policies, cost of power, and lack of implementation of incentives and net metering subsidy implementation.
Going forward, an urge to go green and corporate CSR, rising urbanization and technological advancements are expected to drive the market. Factors that could hinder the growth of the solar electricity market in the future include impact of COVID-19 and delaying projects under construction.
The solar electricity market is segmented by technology into photovoltaic systems, and concentrated solar power systems. The photovoltaic systems market was the largest segment of the solar electricity market, accounting for $ 30,920.8 million or 66.1% of the total market in 2021. It is also expected to be the fastest growing segment going forward at a CAGR of 23.2% during 2021-2026.
The solar electricity market is also segmented by type of solar module into monocrystalline, polycrystalline, cadmium telluride, amorphous silicon cells, and others. The monocrystalline was the largest segment of the solar electricity market, accounting for $ 16,558.8 million or 35.4% of the total market in 2021. It is also expected to be the fourth fastest-growing segment going forward at a CAGR of 20.1% during 2021-2026.
The solar electricity market is also segmented by type of end users into residential, commercial, industrial. The commercial was the largest segment of the electricity market, accounting for $ 19,641.0 million or 42.0% of the total market in 2021. It is also expected to be the second fastest-growing segment going forward at a CAGR of 21.1% during 2021-2026.
Asia Pacific was the largest region in the solar electricity market, accounting for 47.0% of the global market in 2021. It was followed by Western Europe, North America, and the other regions. Going forward, the fastest growing regions in the solar electricity market will be South America, and Middle East, where growth will be at CAGRs of 27.3% and 26.6% respectively from 2021-2026.
The solar electricity market is fairly fragmented, with a large number of small players. The top ten competitors in the market made up to 15.02% of the total market in 2020. This can be due to the existence of number of local players in the market serving customers in particular geographies. SPIC Solar was the largest competitor, followed by Enel SpA, Canadian Solar Inc., Engie, Adani Green Energy Limited, Datang International Power Generation Company Limited, Acciona Energia S.A, Electricite De France SA, Huaneng Power International Inc., and Trina Solar Limited.
Market-trend-based strategies for the solar electricity market include embracing the adoption of digital technologies and artificial intelligence to revolutionize the solar electricity industry. The adoption of blockchain technology to save time and money and have a real impact in terms of both their profitability and their capacity to influence how our culture consumes renewable energy. Solar electricity companies taking aid from the governments in the form of subsidies and schemes are bound to benefit and promote growth in the solar electricity market. Implementing solar pairing with storage offers cost synergies, operational efficiencies, and the opportunity to reduce storage capital costs in addition to the solar investment tax credit. Also, a new growth path for the solar energy industry can be carved out with the successful implementation of such projects with nascent technologies leading to growth in the solar electricity market.
Player-adopted strategies in the solar electricity market include increasing footprint via strategic expansions, leading the energy transition around the world by offering competitive, tailor-made solutions, strengthening portfolios through investments and partnerships and increasing renewable energy capacity.
The top opportunities in the solar electricity market segmented by technology will arise in the photovoltaic systems segment, which will gain $56,939.7 million of global annual sales by 2026. The top opportunities in the solar electricity market segmented by solar module will arise in the monocrystalline segment, which will gain $24,819.7 million of global annual sales by 2026. The top opportunities in the solar electricity market segmented by end-user industry will arise in the commercial segment, which will gain $31,470.3 million of global annual sales by 2026. The solar electricity market size will gain the most in the India at $23,136.8 million.
To take advantage of the opportunities, Altus Market Research recommends the solar electricity companies to adopt digital technologies and artificial intelligence, use block chain technology, implement solar photovoltaics projects, expand in emerging markets, focus on mergers and acquisitions, provide competitively priced offerings, adopt market-based pricing, leverage social media, participate in trade shows and events and focus on younger populations.
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Description:
Where is the largest and fastest growing market for solar electricity? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The solar electricity market global report from Altus Market Research answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider solar electricity market; and compares it with other markets.
The report covers the following chapters
Executive Summary – The executive summary section of the report gives a brief overview and summary of the report
Report Structure – This section gives the structure of the report and the information covered in the various sections.
Introduction – The introduction section of the report gives brief introduction about segmentation by geography, segmentation by technology, segmentation by solar module, and by end-user.
Market Characteristics – The market characteristics section of the report defines and explains the solar electricity market. This section also defines and describes goods and related services covered in the report.
Trends And Strategies – This section describes the major trends shaping the global solar electricity market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
COVID-19 Impact – This section describes the impact of the COVID-19 on the solar electricity market.
Global Market Size And Growth – This section contains the global historic (2016-2021) and forecast (2026F, 2031F) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
Regional Analysis – This section contains the historic (2016-2021), forecast (2021-2026F, 2031F) market value and growth and market share comparison by region.
Segmentation – This section contains the market values (2016-2021, 2026F, 2031F) and analysis for different segments in the market.
Regional Market Size and Growth – This section contains the region’s market size (2021), historic and forecast (2016-2026, 2031F) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).
Competitive Landscape – This section covers details on the competitive landscape of the global solar electricity market, estimated market shares and company profiles of the leading players.
Datang International Power Generation Company Limited, Acciona Energia S.A, Electricite De France SA, Huaneng Power International, Inc., Trina Solar Limited, Waaree Group , Tata Power Solar Systems Ltd., Urja Global Limited , Wuxi Suntech Power Co. Ltd., Azure Power , Vivaan Solar, Ja Solar Holdings Co., Ltd , Aiko Solar, Trina Solar, Zhongli, Suntech, Statkraft As, National Grid Plc, Agder Energi Sa, Ibc Solar Ag, Centrotherm International Ag , Schott Solar Ag, Ecotricity Group Ltd, Lightsource Bp Renewable Energy Investments Limited, Hive Energy, Solaria Energia Y Medio Ambiente Sa, Acciona Sa, Iberdrola Sa, Cobra Instalaciones Y Servicios Sa, Red Electrica Corporacion Sa, Edf En, Saint Gobain, Wagner Solar, Ekotechnik Czech Sro , Svp Solar Sro , Solar Global As, Solartec Holding As, Photon Energy Nv, Modus Energy , Polski Solar Holding , Renesola Ltd , Sunshine Solar Energy Srl , Amerisolar , Altius-Solar , Nivus Gmbh, Danagroup.Hu, Nextera Energy Inc , Vestas Wind Systems A/S, Electricite De France Sa, General Electric Co, M. A. Mortenson Company, First Solar, Inc, Sunpower Corporation, Renewable Energy Systems Ltd, Rosendin Electric Inc, Hanwha Corporation,, 8 Lg Electronics Inc., Inkosolar Holding Co. Ltd, Swinerton Renewable Energy, 8minute Solar Energy, Enel Green Power S.P.A , Atlas Renewable Energy, Sonnedix Power Holdings Ltd, First Solar Inc , Enerwhere Sustainable Energy Dmcc , Acwa Power Barka Saog , Alsa Solar Systems Llc, Benban Solar Project, Solar Capital De Aar , Kathu Solar Park, Ilanga Concentrated Solar Power 1, Kaxu Solar One , Jasper Solar Power Project, Kalkbult Solar Plant, Lesedi Solar Pv Project.
Key Mergers And Acquisitions – This section gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
Market Opportunities And Strategies – This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
Conclusions And Recommendations – This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for solar electricity providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Technology: Photovoltaic Systems; Concentrated Solar Power Systems
2) By Solar Module: Monocrystalline; Polycrystalline; Cadmium Telluride; Amorphous Silicon Cells; Others
3) By End User: Residential; Commercial
Companies Mentioned: SPIC Solar; Enel SpA; Canadian Solar Inc; Engie; Adani Green Energy Limited
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; solar electricity indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
1. Solar Electricity Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Technology
6.3. Segmentation By Solar Module
6.4. Segmentation By End-User
7. Solar Electricity Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Technology
7.2.1. Photovoltaic Systems
7.2.2. Concentrated Solar Power Systems
7.3. Market Segmentation By Solar Module
7.3.1. Monocrystalline
7.3.2. Polycrystalline
7.3.3. Cadmium Telluride
7.3.4. Amorphous Silicon Cells
7.3.5. Others
7.4. Market Segmentation By End-User Industry
7.4.1. Residential
7.4.2. Commercial
7.4.3. Industrial
8. Solar Electricity Market Trends and Strategies
8.1. Increasing Usage Of Digitization And Artificial Intelligence
8.2. Adoption Of Blockchain Technology
8.3. Supportive Government Initiatives
8.4. Improvement In Solar Storage Solutions
8.5. Rise Of Floating Solar Photovoltaics
9. Impact Of COVID-19 On Solar Electricity Market
9.1. Introduction
9.2. Impact On Companies
9.3. Impact On Growth and Capacity Additions
9.4. Impact On Installation of Distributed Solar Photovoltaics
9.5. Future Outlook
10. Global Solar Electricity Market Size And Growth
10.1. Market Size
10.2. Historic Market Growth, 2016 – 2021, Value ($ Million)
10.2.1. Drivers Of The Market 2016 – 2021
10.2.2. Restraints On The Market 2016 – 2021
10.3. Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
10.3.1. Drivers Of The Market 2021 – 2026
10.3.2. Restraints On The Market 2021 – 2026
11. Global Solar Electricity Market Segmentation
11.1. Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.2. Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
11.3. Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12. Solar Electricity Market, Regional And Country Analysis
12.1. Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
12.2. Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13. Asia-Pacific Solar Electricity Market
13.1. Asia-Pacific Solar Electricity Market Overview
13.1.1. Region Information
13.1.2. Market Information
13.1.3. Background Information
13.1.4. Government Initiatives
13.1.5. Regulations
13.1.6. Regulatory Bodies
13.1.7. Major Associations
13.1.8. Taxes levied
13.1.9. Corporate Tax Structure
13.1.10. Investments
13.1.11. Major Companies
13.2. Asia-Pacific Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.3. Asia-Pacific Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.4. Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.5. Asia-Pacific Solar Electricity Market: Country Analysis
13.6. China Solar Electricity Market
13.7. China Solar Electricity Market Overview
13.7.1. Country Information
13.7.2. Market Information
13.7.3. Background Information
13.7.4. Government Initiatives
13.7.5. Regulations
13.7.6. Regulatory Bodies
13.7.7. Major Associations
13.7.8. Taxes levied
13.7.9. Corporate Tax Structure
13.7.10. Investments
13.7.11. Major Companies
13.8. China Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.9. China Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.10. China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.11. India Solar Electricity Market
13.12. India Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.13. India Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.14. India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.15. Japan Solar Electricity Market
13.16. Japan Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.17. Japan Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.18. Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.19. Australia Solar Electricity Market
13.20. Australia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.21. Australia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.22. Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.23. Indonesia Solar Electricity Market
13.24. Indonesia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.25. Indonesia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.26. Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
13.27. South Korea Solar Electricity Market
13.28. South Korea Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
13.29. South Korea Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
13.30. South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14. Western Europe Solar Electricity Market
14.1. Western Europe Solar Electricity Market Overview
14.1.1. Region Information
14.1.2. Market Information
14.1.3. Background Information
14.1.4. Government Initiatives
14.1.5. Regulations
14.1.6. Regulatory Bodies
14.1.7. Major Associations
14.1.8. Taxes Levied
14.1.9. Corporate Tax Structure
14.1.10. Investments
14.1.11. Major Companies
14.2. Western Europe Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.3. Western Europe Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.4. Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14.5. Western Europe Solar Electricity Market: Country Analysis
14.6. UK Solar Electricity Market
14.7. UK Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.8. UK Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.9. UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14.10. Germany Solar Electricity Market
14.11. Germany Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.12. Germany Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.13. Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
14.14. France Solar Electricity Market
14.15. France Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
14.16. France Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
14.17. France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
15. Eastern Europe Solar Electricity Market
15.1. Eastern Europe Solar Electricity Market Overview
15.1.1. Region Information
15.1.2. Market Information
15.1.3. Background Information
15.1.4. Government Initiatives
15.1.5. Regulations
15.1.6. Regulatory Bodies
15.1.7. Major Associations
15.1.8. Taxes Levied
15.1.9. Corporate Tax Structure
15.1.10. Investments
15.1.11. Major Companies
15.2. Eastern Europe Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
15.3. Eastern Europe Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
15.4. Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
15.5. Eastern Europe Solar Electricity Market: Country Analysis
15.6. Russia Solar Electricity Market
15.7. Russia Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
15.8. Russia Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
15.9. Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
16. North America Solar Electricity Market
16.1. North America Solar Electricity Market Overview
16.1.1. Region Information
16.1.2. Market Information
16.1.3. Background Information
16.1.4. Government Initiatives
16.1.5. Regulatory Bodies
16.1.6. Major Associations
16.1.7. Taxes Levied
16.1.8. Corporate Tax Structure
16.1.9. Investments
16.1.10. Major Companies
16.2. North America Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
16.3. North America Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
16.4. North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
16.5. North America Solar Electricity Market: Country Analysis
16.6. USA Solar Electricity Market
16.7. USA Solar Electricity Market Overview
16.7.1. Country Information
16.7.2. Market Information
16.7.3. Background Information
16.7.4. Government Initiatives
16.7.5. Regulations
16.7.6. Regulatory Bodies
16.7.7. Major Associations
16.7.8. Taxes Levied
16.7.9. Corporate Tax Structure
16.7.10. Investments
16.7.11. Major Companies
16.8. USA Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
16.9. USA Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
16.10. USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
17. South America Solar Electricity Market
17.1. South America Solar Electricity Market Overview
17.1.1. Region Information
17.1.2. Market Information
17.1.3. Background Information
17.1.4. Government Initiatives
17.1.5. Regulations
17.1.6. Regulatory Bodies
17.1.7. Taxes Levied
17.1.8. Corporate Tax Structure
17.1.9. Major Companies
17.2. South America Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
17.3. South America Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
17.4. South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
17.5. South America Solar Electricity Market: Country Analysis
17.6. Brazil Solar Electricity Market
17.7. Brazil Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
17.8. Brazil Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
17.9. Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
18. Middle East Solar Electricity Market
18.1. Middle East Solar Electricity Market Overview
18.1.1. Region Information
18.1.2. Market Information
18.1.3. Background Information
18.1.4. Government Initiatives
18.1.5. Regulations
18.1.6. Regulatory Bodies
18.1.7. Major Associations
18.1.8. Taxes Levied
18.1.9. Corporate Tax Structure
18.1.10. Investments
18.1.11. Major Companies
18.2. Middle East Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
18.3. Middle East Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
18.4. Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
19. Africa Solar Electricity Market
19.1. Africa Solar Electricity Market Overview
19.1.1. Region Information
19.1.2. Market Information
19.1.3. Background information
19.1.4. Government Initiatives
19.1.5. Regulations
19.1.6. Regulatory bodies
19.1.7. Major Associations
19.1.8. Taxes levied
19.1.9. Corporate tax structure
19.1.10. Investments
19.1.11. Major Companies
19.2. Africa Solar Electricity Market, Historic Market Growth, 2016 – 2021, Value ($ Million)
19.3. Africa Solar Electricity Market, Forecast Market Growth, 2021 – 2026, 2031F Value ($ Million)
19.4. Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, Value ($ Million)
20. Solar Electricity Global Market Competitive Landscape
20.1. Company Profiles
20.2. SPIC Solar
20.2.1. Company Overview
20.2.2. Products And Services.
20.2.3. Business Strategy
20.3. Enel SpA
20.3.1. Company Overview
20.3.2. Products And Services
20.3.3. Business Strategy
20.3.4. Financial Overview
20.4. Canadian Solar Inc.
20.4.1. Company Overview
20.4.2. Products And Services
20.4.3. Business Strategy
20.4.4. Financial Overview
20.5. Engie
20.5.1. Company Overview
20.5.2. Products And Services
20.5.3. Business Strategy
20.5.4. Financial Overview
20.6. Adani Green Energy Limited
20.6.1. Company Overview
20.6.2. Products And Services
20.6.3. Business Strategy
20.6.4. Financial Overview
21. Key Mergers And Acquisitions In The Solar Electricity Global Market
21.1. Reliance New Energy Solar acquired 40% equity share in Sterling & Wilson Solar
21.2. Reliance New Energy Solar acquired Faradion Limited
21.3. Keppel Corporation-led consortium acquired majority stake in Cleantech Solar
21.4. Bouygues acquired EQUANS from ENGIE
21.5. Hanwha Solutions acquired RES France
21.6. Adani Green Energy Ltd acquired SB Energy Holdings Ltd
21.7. SunPower acquired Blue Raven Solar
21.8. OMERS Infrastructure acquired 19.4% stake in Azure Power
21.9. NovaSource acquired North American Operations and Maintenance (O&M) business from First Solar
21.10. Blueleaf Energy acquired Vibrant Energy Holdings from ATN International
22. Solar Electricity Market Opportunities And Strategies
22.1. Global Solar Electricity Market In 2026 – Countries Offering Most New Opportunities
22.2. Global Solar Electricity Market In 2026 – Segments Offering Most New Opportunities
22.3. Global Solar Electricity Market In 2026 – Growth Strategies
22.3.1. Market Trend Based Strategies
22.3.2. Competitor Strategies
23. Solar Electricity Market Conclusions And Recommendations
23.1. Conclusions
23.2. Recommendations
23.2.1. Product
23.2.2. Place
23.2.3. Price
23.2.4. Promotion
23.2.5. People
24. Appendix
24.1. Market Data Sources
24.2. Research Methodology
24.3. Currencies
24.4. Research Inquiries
24.5. The Business Research Company
24.6. Copyright and Disclaimer
List of Tables
Table 1: Global Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 2: Global Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 3: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 4: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 5: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 6: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 7: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 8: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 9: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
Table 10: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 11: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, %
Table 12: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 13: Asia-Pacific Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
Table 14: Asia-Pacific Solar Electricity Market, Population by Age Group, By Country, 2015-2025, Thousands
Table 15: Asia Pacific Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 16: Asia-Pacific Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 17: Asia-Pacific Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 18: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 19: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 20: China Solar Electricity Market, GDP Per Capita, 2015-2020, $
Table 21: China Solar Electricity Market, Population By Age Group, 2015-2025, Thousands
Table 22: China Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 23: China Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 24: China Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 25: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 26: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 27: India Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 28: India Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 29: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 30: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 31: Japan Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 32: Japan Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 33: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 34: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 35: Australia Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 36: Australia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 37: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 38: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 39: Indonesia Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 40: Indonesia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 41: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 42: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 43: South Korea Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 44: South Korea Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 45: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 46: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 47: Western Europe Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
Table 48: Western Europe Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
Table 49: Western Europe Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 50: Western Europe Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 51: Western Europe Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 52: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 53: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 54: UK Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 55: UK Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 56: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 57: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 58: Germany Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 59: Germany Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 60: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 61: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 62: France Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 63: France Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 64: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 65: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 66: Eastern Europe Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
Table 67: Eastern Europe Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
Table 68:Eastern Europe Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 69: Eastern Europe Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 70: Eastern Europe Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 71: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 72: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 73: Russia Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 74: Russia Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 75: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 76: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 77: North America Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
Table 78: North America Solar Electricity Market, Population By Age Group, By Country, 2015-2025, Thousands
Table 79: North America Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 80: North America Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 81: North America Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 82: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 83: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 84: USA Solar Electricity Market, GDP Per Capita, 2015-2020, $
Table 85: USA Solar Electricity Market, Population By Age Group, 2015-2025, Thousands
Table 86: USA Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 87: USA Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 88: USA Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 89: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 90: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 91: South America Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 92: South America Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 93: South America Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 94: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 95: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 96: Brazil Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 97: Brazil Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 98: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 99: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 100: Middle East Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 101: Middle East Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 102: Middle East Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 103: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 104: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 105: Africa Solar Electricity Market, GDP Per Capita, By Country, 2015-2020, $
Table 106: Africa Solar Electricity Market, Population by Age Group, By Country, 2015-2025, Thousands
Table 107: Africa Electric Power Generation, Transmission, And Distribution Market Size, 2015-2025, $ Billion
Table 108: Africa Solar Electricity Market, Historic, 2016 – 2021, $ Million
Table 109: Africa Solar Electricity Market, Forecast, 2021 – 2026, 2031F, $ Million
Table 110: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, %
Table 111: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 – 2021, 2026F, 2031F, $ Million
Table 112: Global Solar Electricity Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
Table 113: Enel SpA – Financial Performance, 2016 – 2020, $ Billion
Table 114: Canadian Solar Inc – Financial Performance, 2016 – 2020, $ Billion
Table 115: Engie – Financial Overview, 2016 - 2020, $ Billion
Table 116: Adani Green Energy Limited– Financial Overview, 2016 - 2020, $ Billion
Table 117: Global Solar Electricity Market Size Gain ($ Million), 2021 – 2026, By Country
Table 118: Global Solar Electricity Market Size Gain ($ Million), Segmentation By Technology, 2021 – 2026
Table 119: Global Solar Electricity Market Size Gain ($ Million), Segmentation By Solar Module, 2021 – 2026
Table 120: Global Solar Electricity Market Size Gain ($ Million), Segmentation By End-User, 2021 – 2026
Table 121: Solar Electricity Market Data Sources
List of Figures
Figure 1: Global Solar Electricity Market Segmentation By Solar Module
Figure 2: Global Solar Electricity Market Segmentation By End-User
Figure 3: Global Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 4: Global Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 5: Global Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 6: Global Solar Electricity Market, Segmentation By Solar Module, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 7: Global Solar Electricity Market, Segmentation By End-User, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 8: Global Solar Electricity Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 9: Global Solar Electricity Market, By Country, Historic and Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 10: Asia-Pacific Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 11: Asia-Pacific Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 12: Asia-Pacific Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 13: China Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 14: China Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 15: China Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 16: India Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 17: India Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 18: India Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 19: Japan Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 20: Japan Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 21: Japan Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 22: Australia Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 23: Australia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 24: Australia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 25: Indonesia Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 26: Indonesia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 27: Indonesia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 28: South Korea Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 29: South Korea Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 30: South Korea Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 31: Western Europe Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 32: Western Europe Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 33: Western Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 34: UK Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 35: UK Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 36: UK Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 37: Germany Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 38: Germany Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 39: Germany Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 40: France Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 41: France Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 42: France Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 43: Eastern Europe Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 44: Eastern Europe Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 45: Eastern Europe Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 46: Russia Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 47: Russia Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 48: Russia Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 49: North America Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 50: North America Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 51: North America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 52: USA Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 53: USA Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 54: USA Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 55: South America Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 56: South America Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 57: South America Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 58: Brazil Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 59: Brazil Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 60: Brazil Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 61: Middle East Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 62: Middle East Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 63: Middle East Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 64: Africa Solar Electricity Market, Historic, 2016 - 2021, $ Million
Figure 65: Africa Solar Electricity Market, Forecast, 2021 - 2026, 2031F, $ Million
Figure 66: Africa Solar Electricity Market, Segmentation By Technology, Historic And Forecast, 2016 - 2021, 2026F, 2031F, %
Figure 67: Global Solar Electricity Market, Key Competitor Estimated Market Shares, 2020, Percentage (%)
Figure 68: Enel SpA - Financial Performance, 2016 - 2020, $ Billion
Figure 69: Canadian Solar Inc - Financial Performance, 2016 - 2020, $ Billion
Figure 70: Engie - Financial Overview, 2016 - 2020, $ Billion
Figure 71: Adani Green Energy Limited - Financial Overview, 2016 - 2020, $ Billion
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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