Saudi reforms solar power and energy domain!

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Saudi reforms solar power and energy domain!

Several upcoming infrastructure projects in the country along with increasing on-grid power tariffs are expected to drive the demand for solar panels in Saudi Arabia.
Saudi Arabia Solar Panel Market revenues are projected to grow at a CAGR of 30.2% during 2018-24. Saudi Arabia is likely to ramp up spending on renewable energy sector.


Summary -

-  Saudi Arabia has signed a memorandum of understanding (MoU) with SoftBank Group to build world largest solar project of 200 GW worth $200 Billion by 2030.
-  Polycrystalline solar panel captured the significant share of the market and is expected to maintain market leadership over the forecast period as well.
-  Commercial application was the key revenue generating application followed by Power Utility application in Saudi Arabia Solar Panel market.

Key Players -

-  First Solar
-  Canadian Solar
-  Jinko Solar
-  Trina Solar
-  GTek Solar
-  Desert Technologies

Key Highlights -

-  Historical Data of Saudi Arabia Solar Panel Market Revenues for the Period 2014-2017.
-  Market Size & Forecast of Saudi Arabia Solar Panel Market Revenues until 2024.
-  Market Drivers and Restraints
-  Market Trends and Developments
-  Players Market Share
-  Company Profiles

Report provides a detailed analysis of the following market segments:

By Types:
   - Monocrystalline
   - Polycrystalline
   - Thin-film

By Applications:
   - Residential
   - Commercial
   - Industrial
   - Power Utilities

By Applications:
   - Residential
   - Commercial
   - Industrial
   - Power Utilities

By Reigons:
   - Eastern
   - Western
   - Central
   - Southern

Report Category –  Energy and Power Market Research Reports

For more inquiry contact our sales team at contact@aarkstore.com

Related Market Reports:

Ambient (Canned) Pasta (Pasta & Noodles) Market in Saudi Arabia - Outlook to 2022: Market Size, Growth and Forecast Analytics

Baking Ingredients (Bakery & Cereals) Market in Saudi Arabia - Outlook to 2022: Market Size, Growth and Forecast Analytics

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