The Asia Pacific Flexible Solar Panels Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).
The increased popularity of renewable energy, particularly solar energy, has resulted in a surge in the demand for solar PV manufacturers. The market for flexible solar panels is benefiting from increased innovation and enhancements in electronic-driven appliances and building-integrated photovoltaic systems. The availability of endless solar energy resources that must be accessed from buildings, as well as the surfaces of automobiles and airplanes, has inclined demand for flexible solar panels.
Many companies have increased their operations in order to create more efficient solar panels as a result of the government's support policies for the construction of small solar power plants. Depletion of non-renewable energy supplies, global warming, and increased investments of government, as well as the private sector, are likely to generate significant prospects for the development of the flexible solar panel industry.
The presence of key market players, as well as favorable government policies that offer subsidies and financial incentives for PV projects in China, are majorly contributing to the increased focus of new market players across this region. Apart from being the world's largest panel manufacturing hub, China boasts a number of solar farms, including the world's largest floating farm, which can generate 40 MW of power. Moreover, the country holds a major position in global solar PV panel exports.
In addition, according to the China Photovoltaic Industry Association, China surpassed Germany as the country with the greatest solar capacity (43 GW) in 2015. The industry's driving power is the world's leading solar PV country. Further, In India in 2019, the entire installed solar capacity was 30 GW. Solar has now attained 30% of the target of 100 GW by 2022, accounting for 38% of the renewable energy mix. Due to these factors, the growth of the regional market is expediting.
The China market dominated the Asia Pacific Flexible Solar Panels Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $77.4 Million by 2027. The Japan market is estimated to witness a CAGR of 6.7% during (2021 - 2027). Additionally, The India market would experience a CAGR of 8% during (2021 - 2027).
Based on Type, the market is segmented into Copper Indium Gallium Selenide, Cadmium Telluride, Amorphous Silicon and Others. Based on Application, the market is segmented into Industrial, Residential, Aerospace, Automobile, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Flexible Solar Panels Market is Projected to reach USD 716.5 Million by 2027, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hanergy Holding Group Ltd., Enecom Srl, Flisom AG, PowerFilm Solar, Inc., SoloPower Systems, Inc., Solbian Energie Alternative Srl, Sun Harmonics co. ltd., Jinko Solar Holding Co., Ltd., Trina Solar Co., Ltd., and JA Solar Holdings Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Copper Indium Gallium Selenide
- Cadmium Telluride
- Amorphous Silicon
- Others
By Application
- Industrial
- Residential
- Aerospace
- Automobile
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hanergy Holding Group Ltd.
- Enecom Srl
- Flisom AG
- PowerFilm Solar, Inc.
- SoloPower Systems, Inc.
- Solbian Energie Alternative Srl
- Sun Harmonics co. ltd.
- Jinko Solar Holding Co., Ltd.
- Trina Solar Co., Ltd.
- JA Solar Holdings Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Flexible Solar Panels Market, by Type
1.4.2 Asia Pacific Flexible Solar Panels Market, by Application
1.4.3 Asia Pacific Flexible Solar Panels Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Flexible Solar Panels Market by Type
3.1 Asia Pacific Copper Indium Gallium Selenide Market by Country
3.2 Asia Pacific Cadmium Telluride Market by Country
3.3 Asia Pacific Amorphous Silicon Market by Country
3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Flexible Solar Panels Market by Application
4.1 Asia Pacific Industrial Market by Country
4.2 Asia Pacific Residential Market by Country
4.3 Asia Pacific Aerospace Market by Country
4.4 Asia Pacific Automobile Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Flexible Solar Panels Market by Country
5.1 China Flexible Solar Panels Market
5.1.1 China Flexible Solar Panels Market by Type
5.1.2 China Flexible Solar Panels Market by Application
5.2 Japan Flexible Solar Panels Market
5.2.1 Japan Flexible Solar Panels Market by Type
5.2.2 Japan Flexible Solar Panels Market by Application
5.3 India Flexible Solar Panels Market
5.3.1 India Flexible Solar Panels Market by Type
5.3.2 India Flexible Solar Panels Market by Application
5.4 South Korea Flexible Solar Panels Market
5.4.1 South Korea Flexible Solar Panels Market by Type
5.4.2 South Korea Flexible Solar Panels Market by Application
5.5 Singapore Flexible Solar Panels Market
5.5.1 Singapore Flexible Solar Panels Market by Type
5.5.2 Singapore Flexible Solar Panels Market by Application
5.6 Malaysia Flexible Solar Panels Market
5.6.1 Malaysia Flexible Solar Panels Market by Type
5.6.2 Malaysia Flexible Solar Panels Market by Application
5.7 Rest of Asia Pacific Flexible Solar Panels Market
5.7.1 Rest of Asia Pacific Flexible Solar Panels Market by Type
5.7.2 Rest of Asia Pacific Flexible Solar Panels Market by Application
Chapter 6. Company Profiles
6.1 Hanergy Holding Group Ltd.
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.1.2.2 Product Launches and Product Expansions:
6.2 Enecom Srl
6.2.1 Company Overview
6.3 Flisom AG
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.3.2.2 Geographical Expansions:
6.4 PowerFilm Solar, Inc.
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 SoloPower Systems, Inc.
6.5.1 Company Overview
6.6 Solbian Energie Alternative Srl
6.6.1 Company Overview
6.7 Sun Harmonics co. ltd.
6.7.1 Company Overview
6.8 Jinko Solar Holding Co., Ltd.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.9 Trina Solar Co., Ltd.
6.9.1 Company Overview
6.10. JA Solar Holdings Co., Ltd.
6.10.1 Company Overview
TABLE 1 Asia Pacific Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Copper Indium Gallium Selenide Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Copper Indium Gallium Selenide Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Cadmium Telluride Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Cadmium Telluride Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Amorphous Silicon Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Amorphous Silicon Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Industrial Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Residential Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Residential Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Aerospace Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Aerospace Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Automobile Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Automobile Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Flexible Solar Panels Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Flexible Solar Panels Market by Country, 2021 - 2027, USD Million
TABLE 27 China Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 28 China Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 29 China Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 30 China Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 31 China Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 32 China Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 33 Japan Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 34 Japan Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 35 Japan Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 36 Japan Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 37 Japan Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 38 Japan Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 39 India Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 40 India Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 41 India Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 42 India Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 43 India Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 44 India Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 45 South Korea Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 46 South Korea Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 47 South Korea Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 48 South Korea Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 49 South Korea Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 50 South Korea Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 51 Singapore Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 52 Singapore Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 53 Singapore Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 54 Singapore Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 55 Singapore Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 56 Singapore Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 57 Malaysia Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 58 Malaysia Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 59 Malaysia Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 60 Malaysia Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 61 Malaysia Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 62 Malaysia Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 67 Rest of Asia Pacific Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 68 Rest of Asia Pacific Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 69 Key information – Hanergy Holding Group Ltd.
TABLE 70 Key information – ENECOM SRL
TABLE 71 Key information – FLISOM AG
TABLE 72 Key information – PowerFilm Solar, Inc.
TABLE 73 Key information – SoloPower Systems, Inc.
TABLE 74 Key information – Solbian Energie Alternative Srl
TABLE 75 Key information – sun harmonics co. ltd
TABLE 76 Key information – Jinko Solar Holding Co., Ltd.
TABLE 77 Key information – Trina Solar Co., Ltd.
TABLE 78 Key information – JA SOLAR Technology Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hanergy Holding Group Ltd.