U.S. Solar PV Market is estimated to reach an installed capacity of 60 GW by 2022. The rising demand for electricity coupled with increasing consumer awareness concerning the benefits of renewable resources is anticipated to have a positive impact on the market growth. The increasing demand for solar PV panels in commercial and residential applications is expected to drive market growth.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/us-solar-pv-market/request-sample
The key driving factors responsible for the growth of U.S. Solar PV market :
A solar photovoltaic system generates electricity from sunlight with the help of semiconductors. The electrons in these materials are freed by sunlight and can be induced through an electric circuit to generate electricity. The growth of solar PV technology is fastest as compared to other renewable energy sources owing to free availability of sunlight.
The government subsidies and regulations are beneficial to the market growth. In addition, the growth in the number of solar panel installations mainly in California has caused a steep decline in the module prices. The decrease in the price of raw materials coupled with advanced manufacturing processes is anticipated to have a positive impact on the growth of U.S. solar PV market.
The application segments namely, residential, utility and commercial/non-residential are anticipated to increase substantially on account of the Investment Tax Credit (ITC) subsidy till 2016. In 2016, the US solar market grew by 97% adding about 15GW of new capacity. The electricity provided by solar energy accounted for over 39% of the total installed electric capacity in 2016.
The residential segment witnessed a substantial growth in the upcoming years owing to the increasing concern of consumers regarding the protection of environment together with decreased cost of the module. In addition, the cost of maintenance of solar PV is low as compared to other sources of power generation which have led to an increase in demand for the modules.
The reduction in carbon emission during the generation of electricity as compared to other sources together with the variable sizes available in solar PV modules is expected to have a positive impact on the market growth. In addition, the availability of solar insolation across the US is anticipated to aid the demand of solar PV modules in the country.
Application Insights
The utility segment contributed to over 50% of the overall U.S. solar PV market installations in 2014. The development of technology has increased the efficiency of electricity generation by solar PV modules coupled with low installation cost owing to government subsidies is expected to drive market growth.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/us-solar-pv-market
The demand for technologically advanced digital signage in U.S. is increasing among corporates, enterprises, and advertisers to distribute and promote content.
In addition, rising demand for this technology from several end-use industries such as healthcare, retail, hospitality, and transportation to promote their products is anticipated to open new avenues for the market growth.
Above 52 inches, digital signage is expected to have robust growth over the forecast period due to rising demand for outdoor advertising.
Software designers are focusing to provide advanced solutions that are compatible with all operating systems.
They are engaged in offering cloud-based design solutions that can help in managing the advertising content on digital signage.
This technology also helps to reduce the operational cost of companies by avoiding the usage of paper for advertising and avoid traditional marketing strategies.
The global chelating agents market report is projected to reach USD 6,396.9 million by 2027, exhibiting a CAGR of 4.4% during the forecast period.
The development of biodegradable sequestering agents by leading players will brighten the outlook of this market, observes Fortune Business Insights™ in its report, titled “Chelating Agents Market Size, Share Impact Analysis, By Product Type (Sodium Gluconate, Organophosphonates, EDTA & HEDTA, EDDS, GLDA, IDS & MGDA, NTA, and Glucoheptonates), By Application (Pulp & Paper, Household, Institutional & Industrial Cleaning Product, Chemical Processing, Agrochemicals, Water Treatment, Photo Application, Consumer Product, Textile, Metal), and Regional Forecast, 2020-2027”.Information Sourcehttps://www.fortunebusinessinsights.com/chelating-agents-market-104716
Rising healthcare expenditure coupled with the increasing research and developments by companies for reducing the complexities in protein labeling are key factors contributing to high CAGR of Protein Labeling market during the forecast period.the global Protein Labelling market was valued at USD 1396.6 Million in 2018 and is expected to reach USD 3544.9 Million by the year 2026, at a CAGR of 11.8%.
Use of molecular labels in research is very common for purification detection of the labeled proteins and their binding partners.
The companies are focusing on reducing the complexities in the protein labeling process by improving the existing technologies.
The indsutry is witnessing rise in the new product launches and growing adoption of bioengineering technologies in a bid to ramp up the market growth.
Development of the technology to produce advanced dyes that rapidly conjugates with the specific peptides or nucleotidein order to detect their presence and further purification process more accurately is expected to make the process more efficient and will have positive impact on the market.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1879The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers.
