Exhibition time: November 4-5, 2024.
Venue: Saudi Arabia - Riyadh - Riyadh Front
Organiser: Terabin Exhibition Company.
Number of exhibitions: the second session (once a year).
Organizer: Guangzhou Baisheng Exhibition Service***
Exhibition Introduction
Held concurrently with KSA, the largest renewable energy exhibition in Saudi Arabia, Solar & Storage Live KSA is an authoritative event that brings together new technologies, efficiencies, new thinking and best practices in the industry as the country's premier major service and business-led exhibition, high-level multi-track conference. Companies that provide solutions and services for solar, renewable, and clean energy ecosystems are in high demand in Saudi Arabia, and that's where Solar & Storage Live KSA comes in.
Market analysis
The global solar cell and module market is expected to grow from $163.5 billion in 2024 to $360.5 billion in 2031, growing at a CAGR of 1196%。Several key trends and factors are shaping the dynamics of this emerging industry. Growing interest in renewable energy: One of the major drivers of the solar cell and module market is the growing global interest in renewable energy, especially solar. This strong interest has led to a significant increase in demand for solar cells and modules. Increasing Adoption of Solar Photovoltaic Panels: Solar photovoltaic panels are increasingly being used to generate electricity across the globe, further boosting the sales of solar cells and modules. This trend is in line with the global shift towards sustainable energy solutions. Cost Reduction: A significant factor that has a positive impact on the market is the reduction in the cost of solar cells and modules. With advancements in manufacturing technology, these products have become more cost-effective, expanding the customer base. Fossil fuel depletion and energy depletion: The depletion of fossil fuels and the consequent energy sources are driving the shift to solar energy solutions, increasing the demand for solar cells and modules. Support and incentives: Favourable policies and incentives are steadily increasing demand for solar cells and modules.
These initiatives have made solar energy more accessible and attractive to consumers. Rooftop solar power systems: The growing popularity of rooftop solar power systems, including rooftop solar panels, has created lucrative opportunities for solar cell and module manufacturers. Emerging technologies such as bifacial solar modules and smart solar solutions. Innovation is opening up new avenues for the market, further enhancing its growth potential. Solar Consumer Electronics: The surge in demand for solar consumer electronics is expected to drive the solar cell and module industry as consumers seek more sustainable and efficient options. Solar cells and modules: a cost-effective method of generating electricity. With the growing focus on fossil fuel depletion, energy**, and carbon emissions, solar cells and modules are becoming increasingly popular as a cost-effective way to generate electricity.
Meeting growing demand for electricity: The International Energy Agency (IEA) reported a 5% increase in electricity demand in 2021, and this trend is expected to continue in the coming years. Solar cells and modules play a vital role in meeting this demand while reducing energy bills for consumers. Countries around the world** are implementing supportive policies and regulations to promote renewable energy, including solar. Measures such as feed-in tariff subsidies and renewable energy targets are driving the adoption of solar PV panels, thereby driving the global demand for solar cells and modules. Falling costs and technological advancements, the drastic reduction in the cost of solar cells and panels, coupled with the continuous advancement of technology, are increasing the affordability and acceptance of these products. Energy independence and security, the desire for energy independence and security is another catalyst driving the demand for solar cells and modules. These solutions enable individuals, communities, and businesses to generate electricity, creating lucrative revenue opportunities for manufacturers. There is a growing demand for solar cells and modules in the United States.
The demand for solar cells and modules in the United States is surging due to a number of factors. This includes growing interest in green technologies, increased investment in renewable energy infrastructure, and concerns about power shortages and fossil fuel depletion. The adoption of rooftop solar installations and the general shift towards sustainable energy solutions are also driving the demand for solar cells and modules in the country. China's Dominance in the Solar Cell and Module Market: China remains the dominant player in the solar cell and module market. This is attributed to its strong interest in renewable energy, support through incentives, advances in photovoltaic technology, and the presence of leading manufacturers. The Chinese market is expected to maintain its growth trajectory based on past successes. The UK solar cell and module market is promising: The UK solar cell and module market is expected to grow. This is due to the growing desire for energy independence, incentives, environmental concerns, ongoing technological advancements, and the country's high energy needs. Installing solar panels on rooftops and other properties helps in the expansion of the market. Competitive landscapeLeading manufacturer of solar cells and modules, including Atecom Technology Co ltd.、byd co., ltd., Azur Space Solar Power GmbH, etc., all invest heavily in R&D to develop new materials, design, and production technologies. Many companies are also exploring strategies such as mergers, partnerships, acquisitions, and collaborations to expand their presence in the market.
Introduction of the venue
Middle Eastis a geographical region that roughly overlaps with Western Asia and includes parts of North Africa, but not Transcaucasia, and is also the Asian region of Africa and Eurasia. The term is based on Europe as a reference coordinate and refers to the region east of Europe and between the Far East and the Near East. Specifically, it refers to the eastern and southern regions of the Mediterranean, from the eastern Mediterranean to the Persian Gulf.
Kingdom of Saudi Arabia, Malaysia as the Kingdom of Saudi Arabia, Singapore as the Kingdom of Saudi Arabia, Hong Kong as the Kingdom of Saudi Arabia, Taiwan as the Kingdom of Saudi Arabia), referred to as Saudi Arabia (Malaysia as Saudi Arabia, Singapore as Saudi Arabia, Hong Kong as Saudi Arabia, Taiwan as Saudi Arabia), Saudi Arabia (Malaysia as Saudi Arabia, Singapore as Saudi Arabia, Hong Kong as Saudi Arabia, Taiwan as Saudi Arabia), is an Arab country located in the Arabian Peninsula of West Asia. With an area of 2,149,690 square kilometers, Saudi Arabia is the second largest country in the Arab world by geographical area, after Algeria. Saudi Arabia shares borders with Jordan and Iraq to the north;It is bordered by Kuwait to the northeast;To the east, it borders Qatar, Bahrain and the United Arab EmiratesIt borders Oman to the southeast;To the south, it borders Yemen. It is the only country with both the Red Sea and the Persian Gulf coastline, and most of the land is made up of uninhabitable deserts and barren wilderness. At present, Saudi Arabia consists of four distinct regions – the Hejaz, Najd, part of the East Arabian Peninsula and part of the South Arabian Peninsula.
RiyadhIt is the capital and largest city of Saudi Arabia and the capital of Riyadh Province. It is located in the traditional heart of the Arabian Peninsula in Najd, and more subtly in the "Yamama" region. Riyadh is a typical oasis city with a population of 7.67 million people. Riyadh is also an alpha-rated global city. Riyadh is divided into 15 districts, which are managed by the Mayor of Riyadh and the Riyadh Provincial Urban Development Authority. It is home to the world's largest women's university, Princess Noora University.