Solar PV Manufacturers Eye Operational Efficiencies Deriving from Smart Solutions

"Solar PV manufacturers are enhancing their service offerings to include Internet of Things (IoT)-powered solutions and storage capabilities while integrating all upstream and downstream capacities," said Sama Suwal, Energy & Environment Research Analyst at Frost & Sullivan. "To bolster their technology portfolio and expand their presence in emerging countries, they are actively seeking partnerships, collaborations, and M&A opportunities." "Solar PV manufacturers are enhancing their service...

"Solar PV manufacturers are enhancing their service offerings to include Internet of Things (IoT)-powered solutions and storage capabilities while integrating all upstream and downstream capacities," said Sama Suwal, Energy & Environment Research Analyst at Frost & Sullivan. "To bolster their technology portfolio and expand their presence in emerging countries, they are actively seeking partnerships, collaborations, and M&A opportunities."

Frost & Sullivan's recent analysis, Global Solar PV Power Market, Forecast to 2025, examines the growth trends for solar power in developed and developing markets, including North America, Europe, Asia-Pacific, China, India, Latin America, Africa, and the Middle East. It analyzes the key companies, products, and applications and the drivers and restraints that will affect them in the future. It covers the project types of utility-scale, commercial & industrial, and residential.

For further information on this analysis, please visit: http://frost.ly/3t8

"The imposition of tariffs on the import of Chinese modules in several countries such as the US and India has created opportunities for domestic manufacturers," noted Suwal. "Developed markets like Europe will experience a revival of demand due to the digitization of energy systems and smart grid solutions. Meanwhile, emerging markets such as the Middle East and Latin America will experience a demand surge fueled by supportive policies and economic development."

In a market that is rapidly becoming commoditized, solar PV manufacturers can find fresh growth opportunities by:

Global Solar PV Power Market, Forecast to 2025 is part of Frost & Sullivan's global Energy & Environment Growth Partnership Service program.

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Global Solar PV Power Market, Forecast to 2025
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