Solar Panel Market
Solar Panel Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Thin Film, Crystalline Silicon, Other Technologies
- By Grid On Grid, Off Grid
- By Application Residential, Commercial, Industrial
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 152.1 Billion |
Revenue 2030: | USD 264.0 Billion |
Revenue CAGR (2023 - 2030): | 8.2% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Solar Panel Market Segment Analysis
- Solar Panel Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Thin Film
- Crystalline Silicon
- Other Technologies
- Solar Panel Grid Outlook (Revenue, USD Million, 2018 - 2030)
- On Grid
- Off Grid
- Solar Panel Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
-
North America Solar Panel Market, by Grid
- On Grid
- Off Grid
-
North America Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- U.S. Solar Panel Market, by Grid
- On Grid
- Off Grid
- U.S. Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- U.S. Solar Panel Market, by Technology
- Canada
- Canada Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Canada Solar Panel Market, by Grid
- On Grid
- Off Grid
- Canada Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Canada Solar Panel Market, by Technology
-
Mexico
- Mexico Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Mexico Solar Panel Market, by Grid
- On Grid
- Off Grid
- Mexico Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Mexico Solar Panel Market, by Technology
-
North America Solar Panel Market, by Technology
- Europe
-
Europe Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
-
Europe Solar Panel Market, by Grid
- On Grid
- Off Grid
-
Europe Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- U.K. Solar Panel Market, by Grid
- On Grid
- Off Grid
- U.K. Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- U.K. Solar Panel Market, by Technology
- France
- France Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- France Solar Panel Market, by Grid
- On Grid
- Off Grid
- France Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- France Solar Panel Market, by Technology
-
Germany
- Germany Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Germany Solar Panel Market, by Grid
- On Grid
- Off Grid
- Germany Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Germany Solar Panel Market, by Technology
-
Italy
- Italy Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Italy Solar Panel Market, by Grid
- On Grid
- Off Grid
- Italy Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Italy Solar Panel Market, by Technology
-
Spain
- Spain Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Spain Solar Panel Market, by Grid
- On Grid
- Off Grid
- Spain Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Spain Solar Panel Market, by Technology
-
Rest of Europe
- Rest of Europe Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Rest of Europe Solar Panel Market, by Grid
- On Grid
- Off Grid
- Rest of Europe Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Europe Solar Panel Market, by Technology
-
Europe Solar Panel Market, by Technology
- Asia Pacific
-
Asia Pacific Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
-
Asia Pacific Solar Panel Market, by Grid
- On Grid
- Off Grid
-
Asia Pacific Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- China
- China Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- China Solar Panel Market, by Grid
- On Grid
- Off Grid
- China Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- China Solar Panel Market, by Technology
- Japan
- Japan Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Japan Solar Panel Market, by Grid
- On Grid
- Off Grid
- Japan Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Japan Solar Panel Market, by Technology
-
Germany
- Germany Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Germany Solar Panel Market, by Grid
- On Grid
- Off Grid
- Germany Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Germany Solar Panel Market, by Technology
-
India
- India Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- India Solar Panel Market, by Grid
- On Grid
- Off Grid
- India Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- India Solar Panel Market, by Technology
-
South Korea
- South Korea Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- South Korea Solar Panel Market, by Grid
- On Grid
- Off Grid
- South Korea Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- South Korea Solar Panel Market, by Technology
-
South East Asia
- South East Asia Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- South East Asia Solar Panel Market, by Grid
- On Grid
- Off Grid
- South East Asia Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- South East Asia Solar Panel Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Rest of Asia Pacific Solar Panel Market, by Grid
- On Grid
- Off Grid
- Rest of Asia Pacific Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Solar Panel Market, by Technology
-
Asia Pacific Solar Panel Market, by Technology
- Latin America
-
Latin America Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
-
Latin America Solar Panel Market, by Grid
- On Grid
- Off Grid
-
Latin America Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Brazil Solar Panel Market, by Grid
- On Grid
- Off Grid
- Brazil Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Brazil Solar Panel Market, by Technology
- Argentina
- Argentina Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Argentina Solar Panel Market, by Grid
- On Grid
- Off Grid
- Argentina Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Argentina Solar Panel Market, by Technology
-
Rest of Latin America
- Rest of Latin America Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Rest of Latin America Solar Panel Market, by Grid
- On Grid
- Off Grid
- Rest of Latin America Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Latin America Solar Panel Market, by Technology
-
Latin America Solar Panel Market, by Technology
- Middle East & Africa
-
Middle East & Africa Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
-
Middle East & Africa Solar Panel Market, by Grid
- On Grid
- Off Grid
-
Middle East & Africa Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- GCC Countries Solar Panel Market, by Grid
- On Grid
- Off Grid
- GCC Countries Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- GCC Countries Solar Panel Market, by Technology
- South Africa
- South Africa Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- South Africa Solar Panel Market, by Grid
- On Grid
- Off Grid
- South Africa Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- South Africa Solar Panel Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Panel Market, by Technology
- Thin Film
- Crystalline Silicon
- Other Technologies
- Rest of Middle East & Africa Solar Panel Market, by Grid
- On Grid
- Off Grid
- Rest of Middle East & Africa Solar Panel Market, by Application
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Solar Panel Market, by Technology
-
Middle East & Africa Solar Panel Market, by Technology
- North America
FAQ
Frequently Asked Question
What is the global demand for Solar Panel in terms of revenue?
-
The global Solar Panel valued at USD 152.1 Billion in 2022 and is expected to reach USD 264.0 Billion in 2030 growing at a CAGR of 8.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Jinko Solar (China), JA Solar (China), Trina Solar (China), LONGi Solar (China), Canadian Solar (Canada), SunPower Corporation (U.S.), First Solar (U.S.), Hanwha Q-CELLS (South Korea), Risen Energy (China), Talesun (China).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.2% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Solar Panel include
- Rise in demand for clean energy generation
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Solar Panel in 2022.