Solar Panel Market for Electric Vehicles and Chargers - A Global and Regional Analysis: Focus on Charger Levels (Level 1, Level 2, and Level 3), Vehicle Types (Two and Three-Wheeler Vehicles, Passenger Vehicles, and Commercial Vehicles), Material Type (Monocrystalline, Poly-crystalline, and Others) and Region - Analysis and Forecast, 2020-2030

Apr 2021| BIS504A| BIS Research

Report Highlights

Electric Vehicle Revolution Set to Create an Annual $1.57 Billion Revenue Opportunity for Solar Panel Manufacturers for Electric Vehicles and Chargers Globally by 2030.

Key Questions Answered in this Report:

  • How is the solar panel market for electric vehicles and chargers evolving with new technologies and products in the global market?
  • What is the competitive positioning of various market leaders catering to the demand for the global solar panel market for electric vehicles and chargers?
  • Which regions and countries are leading in terms of consumption of solar panels for electric vehicles and chargers, and which among those are expected to witness the highest demand growth from 2020 to 2030?
  • What are the key trends, drivers, restraints, and opportunities for the global solar panel market industry players for electric vehicles and chargers?
  • What are the buyer’s attributes, major challenges, and drivers of the global solar panel market for electric vehicles and chargers in the countries?
  • What are the key development strategies implemented by the key players to sustain in the competitive market?
  • How does the supply chain function in the global solar panel market for electric vehicles and chargers?
  • Which application type segment is estimated to witness the maximum demand growth in the global solar panel market for electric vehicles and chargers during 2020-2030?
  • Which are the key product types which may experience high demand during the forecasted period, 2020-2030?
  • What are the key offerings of the prominent manufacturers in the global solar panel market for electric vehicles and chargers?

Solar Panel Market for Electric Vehicles and Chargers

The solar panel market for electric vehicles and chargers is expected to create an annual revenue opportunity of $1.57 billion by 2030.

The solar panels for electric vehicles and chargers are developed from various types of materials such as monocrystalline PV cells and poly-crystalline PV cells, among others. These solar panels act as an additional source of energy in vehicles and charging systems. This report considers electric passenger vehicles, electric commercial vehicles, electric two-wheelers and three-wheelers, and EV charging systems for estimations and forecast.

To reduce the load on the electric grid for EV charging systems, off-grid chargers powered by solar energy are utilized. These solar panels are able to help electric charging systems in a hybrid manner or be completely off-grid chargers for charging electric vehicles. In electric vehicles, these types of solar panels are utilized to power either ancillary systems in a vehicle or provide energy to the battery system of the electric vehicles. The research study focuses on putting forward a clear picture of the current consumption and future growth potential of the global solar panel market for electric vehicles and chargers.

Scope of the Global Solar Panel Market for Electric Vehicles and Chargers

The Solar Panel Market for Electric Vehicles and Chargers provides detailed market information for segmentation on the basis of charger level, vehicle type, material type, and region. The purpose of this market analysis is to examine the solar panel for electric vehicles and chargers outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market. While highlighting the key driving and restraining forces for this market, the report also provides a detailed analysis of the technologies involved in the development process of the global solar panel market for electric vehicles and chargers.

The global solar panel market for electric vehicles and chargers is segregated by region under six major regions, namely North America, Asia-Pacific, Europe, China, the U.K., and the Rest-of-the-World.

Key Companies Profiled in the Solar Panel Market for Electric Vehicles and Chargers

The key market players in the global solar panel market for electric vehicles and chargers include Electrify America, Beam Global, and Empower Solar, among others.

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