Global Flexible Solar Panel Market Outlook 2025: Top Companies, Trends and Future Prospects Details for Business Development
According to a new report published by Reports Monitor titled, “Flexible Solar Panel Market By Product, Therapeutic Applications and End-User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Flexible Solar Panel Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the Flexible Solar Panel Market, and is expected to maintain this trend throughout the forecast period.
Flexible solar panel is still a research level technology and it is rapidly advancing every year. It has ability to fit many types of solar projects. Space where regular heavy solar panels can’t fit due to the structural concerns, lightweight, portable, thin film flexible solar panel can be the solution for such cases.
Growing energy concerns, harmful effects of traditional power sources on environment, huge investment on clean energy by governments, are some of the factors driving the growth for this market. Flexible solar panels are less efficient than regular one and additionally, flexible solar panels are not good fit where it is difficult to produce desired amount of energy. These factors are acting as restraints for this market.
Global Flexible Solar Panel market has been segmented majorly on the basis of Type (Amorphous Silicon (a-Si), Cadmium, Telluride (Cdte), Copper Indium Gallium Selenide (CIGS) and others), Applications (Aerospace, Commercial, Industrial, Military, Outdoor activities, Residential, and Others)
North America is expected to be the fastest growing region for Flexible Solar Panel market. Supportive policies and initiatives from government towards the clean energy are driving the growth in this region. Asia Pacific is second fastest growing region for Flexible Solar Panel market owing to the expansion of solar power production in countries such as India, Japan, and China is fuelling the growth for this market in this region.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Flexible Solar Panel Market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Alta Devices, Burnsco, Enecom, Flisom, Global Solar, PowerFilm, Solbian, Sunflare, Sungold, and SunPower.
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