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Solar PV Equipment Market in Vietnam is expected to reach USD ~9.61 Bn in 2027E owing to the government’s commitment to energy security and technological improvements & reduced costs: Ken Research

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Vietnam Solar PV Equipment Market is in the growing stage, being driven by Government Initiatives and availability of modern technologies Vietnam Solar PV Equipment Market has various players. JA Solar, Trina Solar, ET Solar are the major Solar PV Module Manufacturers in Vietnam.

  • There is a great potential for green transition in Vietnam, which by 2050 can become a net zero-carbon economy
  • The upcoming technology being used in solar panels nowadays is a little different from traditional ones by coating the panels with a thin layer of a crystal material called perovskite
  • VietNam as a country is blessed with generous amount of sunshine with roughly 2000-2500 hours of annual sunlight, which makes it an ideal region.

Current Market Positioning: In the latest revision of PDP VIII edition, it mentions that Solar Photovoltaic Energy is a priority sector for the country. The growth is expected to accelerated particularly in the household sector due to the push for RTS system by the government, while the C&I sector will continue to see stable growth in the years to come.

Net Zero-Carbon Economy: There is a great potential for green transition in Vietnam, which by 2050 can become a net zero-carbon economy. Within the Net Zero Emissions Targets 2050 for Renewable Energy, the Government of Vietnam aims to comprise 75% of energy source from Solar. Meeting such targets as a country only reflects the huge potential and capacity the country has and is aiming to develop in future. To reach net zero emissions by 2050 at least cost, renewable electricity should be the main substitute for fossil fuels, either directly or indirectly.

Rising Installed Capacity: Vietnam’s Solar PV Installed Capacity is likely to contribute 21% of the total installed power capacity of the country by 2027E. Market is attracting significant investments in recent years and is expected to have a total Installed Capacity of Solar PV Equipment of 28200 MW by 2027E. Vietnam Total Installed Power Capacity is expected to increase at a CAGR of 10% in order to cater to the needs from industrial expansion and technological advancements.

The Dominance of the Northern Region: With the advantage of cheaper land, no space constraints, and other costs, northern region is likely to grow in the future, reaching a 18% market share by 2027E. While south is still likely to remain the developed hub of Vietnam with the highest market share for Solar PV Installed Capacity. However, since land is limited, the southern region has started to saturate and crowded now, reducing its share from 70% to 62% by 2027E. The central highlands region is likely to increase its capacity by 3% to a total 20% by 2027E.

Analysts at Ken Research in their latest publication- Vietnam Solar PV Equipment Market Outlook to 2027 – Driven by the regulations and incentives updated by the Government of Vietnam and concerns for climate change by Ken Research provides a comprehensive analysis of the potential of the Vietnam Solar PV Equipment Market. Public demand for environmental protection and the Government’s intention to develop solar power generation as a new economic sector are expected to contribute to the market growth over the forecast period. Vietnam Solar PV Equipment Market is expected to grow at a robust CAGR over the forecasted period 2023E-2027E.

Key Segments Covered:-

Segmentation by the Type of Technology

  • Monocrystalline
  • Polycrystalline
  • Thin film

Segmentation by Region

  • South
  • Central highlands
  • North

Segmentation by Type of End User

  • Commercial
  • Industrial
  • Residential

To learn more about this report Download a Free Sample Report

Segmentation by Type of Mounting

  • Ground Mounted
  • Rooftop solar

Segmentation By Type of Connectivity

  • On Grid
  • Off Grid

Key Target Audience:-

  • Solar PV Module Manufacturers
  • Solar PV Inverter Companies
  • EPC/Developers
  • Power Plant Owners/Utilities
  • Operation & Maintenance (O&M) Companies
  • Investor Community
  • Financing Companies
  • Government Bodies & Industry Organizations
  • Other Stakeholders

Time Period Captured in the Report:-

  • Historical Period: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2023E–2027E

Visit this Link :- Request for custom report

Companies Covered:-

Supply Side Entities

  • Trina solar
  • Jasolar
  • Irex
  • Boviet solar
  • Canadian solar
  • Jinko solar
  • Longi
  • Firstsolar

Key Topics Covered in the Report:-

  • Executive summary
  • Country overview
  • Market Overview of Solar PV Equipment Market Vietnam
  • ASEAN Market Overview
  • Renewable Energy Market Overview
  • Ecosystem of Major Players in the Market
  • Value Chain
  • Market Size of Solar PV Equipment Market in Vietnam
  • Market Segmentation of Solar PV Equipment Market in Vietnam, 2022
  • Segmentation on the Type of Technology, End User, Region, Mounting, Connectivity
  • Industry Analysis
  • Trends & Developments in Vietnam Solar PV Equipment Market
  • Growth Drivers of Vietnam Solar PV Equipment Market
  • Government Regulations & Incentives in Vietnam Solar PV Equipment Market
  • Upcoming Projects & Investments in Vietnam Solar PV Equipment Market
  • Challenges & Issues Faced in Vietnam Solar PV Equipment Market
  • Demand Analysis
  • TAM, SAM, SOM of Vietnam Solar PV Equipment Market
  • Demand Analysis of Vietnam Solar PV Equipment Market
  • Competitive Landscape
  • Competition Overview of Solar PV Equipment market in Vietnam
  • Market Positioning Analysis
  • BCG Matrix Analysis of Vietnam Solar PV Equipment Market
  • Cross Comparison of Top Players
  • Future Outlook and Projections, 2023E-2027E
  • Future Market Size of Solar PV Equipment Market in Vietnam on the basis of Revenue and Total Installed Capacity, 2023E-2027E
  • Future Market Segmentation on the Type of Technology, 2022P-2027E
  • Future Market Segmentation on the Type of End User, 2022P-2027E
  • Future Market Segmentation on the Type of Region, 2022P-2027E
  • Future Market Segmentation on the Type of Mounting, 2022P-2027E
  • Future Market Segmentation on the Type of Connectivity, 2022P-2027E
  • Case Study: LONGi Solar
  • Analyst Recommendations
  • Industry Speaks
  • Research Methodology
  • Disclaimer
  • Contact Us

 

For more insights on the market intelligence, refer to below link:-

Vietnam Solar PV Equipment Market

Related Reports by Ken Research:-

Europe Solar Photovoltaic Panel Market Outlook and Forecast to 2027 – Driven by Favorable Policies to Achieve Carbon Neutrality by 2050 and Integrated Market Structure Enabling Fast Projects

The Europe Solar Photovoltaic Panel Market is expected to witness a CAGR of above 19% over the next 5 years, owing to the rise in the demand for energy, favorable government policies and increasing incentives for the adoption of renewable energy sources in the region. Furthermore, most of the countries in Europe are either expanding/building new power plants or are shifting towards renewable sources of energy especially solar power to meet the rise in demand.

Saudi Arabia Industrial Waste Water Treatment Market Outlook to 2026F – Driven by government initiatives of Vision 2025, to achieve 100% clean water bodies and by 2035 to treat more than 6.8 million cubic meter of wastewater per day

KSA Industrial Waste Water Treatment Market in terms of capital expenditure is anticipated to Grow at a double digit CAGR during the Period 2021 – 2026F, due to increase in Industrial Establishments in 2026F owing to rise in Industrialization and big initiatives by the KSA government. The rising growing population along with the ever-growing need of industries in order to cater the consumer demand of the Indonesian population, is expected to contribute to the market growth over the forecast period.

Philippines Industrial Waste Water Treatment Market Outlook to 2026F-Driven by the rising number of industries within the countries and governments initiatives

Philippines Industrial Waste Water Treatment Market is Expected to Generate $46.5 Mn in Revenue, due to increase in Industrial Establishments in 2026F owing to rise in Industrialization and big initiatives by the Philippines government. The rising growing population along with the ever-growing need of industries in order to cater the consumer demand of the Indonesian population, is expected to contribute to the market growth over the forecast period.

Indonesia Industrial Waste Water Treatment Market Outlook 2027F – Driven by Rising Industrialization, Depletion of Resources and Government’s Strong Initiatives in Waste Water Treatment

The rising growing population along with the ever growing need of industries in order to cater the consumer demand of the Indonesian population, is expected to contribute to the market growth over the forecast period. Jakarta’s population is anticipated to grow from 95.4 Mn to 11.8 Mn at a growth rate of 1.7%. With the shift to a new capital of KalimantanKalimantan is the area on the watchlist which is anticipated to grow even further.

Artificial Intelligence

Belgian Commitment to Partnership Supports a New Frontier of Europe-US Space Research

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BRUSSELS, Dec. 10, 2023 /PRNewswire/ — Belgian Prime Minister Alexander De Croo has travelled to Houston, United States, to meet Raphaël Liégeois, the Belgian career astronaut selected as part of the European Space Agency (ESA) astronaut class of 2022. De Croo’s visit coincides with the ESA cohort’s familiarisation trip to NASA’s Johnson Space Centre, which is the precursor to a further two years of training, delivered in Houston, to prepare the astronauts for their respective missions on the International Space Station. The visit signals a new phase of the long-standing collaboration between Europe and the United States on space research and exemplifies Belgium’s commitment to partnerships in facing global challenges.

Belgium’s expertise in aerospace, and in science more generally, is internationally recognised – in terms of both training and industry. Belgium is a founding member of the ESA and its fifth-largest funder. The country’s support of the ESA shows its commitment to shaping the development of Europe’s space capability and ensuring that investment in space continues to deliver benefits to the citizens of Europe and the world.
“For Belgians, the sky isn’t the limit, the universe is,” said De Croo. “Today, we are very proud to see Raphaël take this important step in his career as an astronaut. He will be an important role model for many generations of STEM students to come. Space research and innovation hold particular importance for Belgium; they are powerful economic drivers which foster the growth of high-tech industries and create jobs – as evidenced by the number of Belgian companies on the cutting edge of aeronautics.” 
The 17 members of the ESA astronaut class of 2022 were selected from a pool of over 23,000 applicants. The process, designed to bring together the finest scientific minds that Europe has to offer, took place over a period lasting 18 months.
The selection of Raphaël Liégeois is testament to Belgium’s focus on embracing openness, driven by innovation, partnerships, and diversity, to create solutions that drive progress for all.
About Belgium
Located in the heart of Europe, Belgium is one of the most open economies in the world, counting 11.5 million people with a reputation for innovation, hard work, partnership, and multilingualism. Strategically located between Germany, the Netherlands, France, and Luxembourg, and only a stone’s throw from the UK, it lies at the centre of the richest and most densely populated area in Europe. A member of the European Union, Belgium enjoys full access to the world’s most advanced single market and customs zone which ensures extensive frictionless trade.
Belgium boasts a highly developed transport infrastructure, including the second largest seaport in Europe (Antwerp). Belgium is home to world-leading research and innovation facilities, multinational corporations, and artisanal businesses supported by the investor-centric approach of public services.
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Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

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DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.

A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research

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The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.

Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/5117 
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
CAGR
10.9 %
No. of Pages in Report
250
Segments covered
Range, End User, Distribution Channel, and Region
Drivers
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Opportunities
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Restraints
Less adoption in developing markets
Regular maintenance and repair costs
 
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/64e274edbc38210d8eac6958c5995e56 
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/5117 
Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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