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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Solar Panel Market - Segment Analysis
- Overview
- Global Solar Panel Market, 2016 - 2028 (USD Million)
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Global Solar Panel Market - by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
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Global Solar Panel Market - by Grid
- By On Grid
- By Off Grid
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Global Solar Panel Market - by Application
- By Residential
- By Commercial
- By Industrial
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Global Solar Panel Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Solar Panel Market - Segment Analysis
- Overview
- North America Solar Panel Market, 2016 - 2028 (USD Million)
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North America Solar Panel Market, by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
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North America Solar Panel Market, by Grid
- By On Grid
- By Off Grid
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North America Solar Panel Market, by Application
- By Residential
- By Commercial
- By Industrial
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North America Solar Panel Market, by Country
- U.S.
- U.S. Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- U.S. Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- U.S. Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- U.S. Solar Panel Market, By Technology
- Canada
- Canada Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Canada Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Canada Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Canada Solar Panel Market, By Technology
- Mexico
- Mexico Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Mexico Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Mexico Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Mexico Solar Panel Market, By Technology
- U.S.
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Europe Solar Panel Market - Segment Analysis
- Overview
- Europe Solar Panel Market, 2016 - 2028 (USD Million)
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Europe Solar Panel Market, by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
-
Europe Solar Panel Market, by Grid
- By On Grid
- By Off Grid
-
Europe Solar Panel Market, by Application
- By Residential
- By Commercial
- By Industrial
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Europe Solar Panel Market, by Country
- Germany
- Germany Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Germany Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Germany Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Germany Solar Panel Market, By Technology
- UK
- UK Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- UK Market, By Grid
- By On Grid
- By Off Grid
- UK Market, By Application
- By Residential
- By Commercial
- By Industrial
- UK Market, By Technology
- France
- France Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- France Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- France Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- France Solar Panel Market, By Technology
- Spain
- Spain Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Spain Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Spain Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Spain Solar Panel Market, By Technology
- Italy
- Italy Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Italy Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Italy Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Italy Solar Panel Market, By Technology
- BENELUX
- BENELUX Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- BENELUX Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- BENELUX Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- BENELUX Solar Panel Market, By Technology
- Rest of Europe
- Rest Of Europe Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Rest Of Europe Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Rest Of Europe Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Rest Of Europe Solar Panel Market, By Technology
- Germany
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Asia Pacific Solar Panel Market - Segment Analysis
- Overview
- Asia Pacific Solar Panel Market, 2016 - 2028 (USD Million)
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Asia Pacific Solar Panel Market, by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
-
Asia Pacific Solar Panel Market, by Grid
- By On Grid
- By Off Grid
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Asia Pacific Solar Panel Market, by Application
- By Residential
- By Commercial
- By Industrial
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Asia Pacific Solar Panel Market, by Country
- China
- China Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- China Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- China Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- China Solar Panel Market, By Technology
- Japan
- Japan Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Japan Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Japan Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Japan Solar Panel Market, By Technology
- India
- India Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- India Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- India Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- India Solar Panel Market, By Technology
- South Korea
- South Korea Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- South Korea Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- South Korea Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- South Korea Solar Panel Market, By Technology
- South East Asia
- South East Asia Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- South East Asia Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- South East Asia Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- South East Asia Solar Panel Market, By Technology
- Rest of Asia Pacific
- Rest of Asia Pacific Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Rest of Asia Pacific Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Rest of Asia Pacific Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Rest of Asia Pacific Solar Panel Market, By Technology
- China
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Latin America Solar Panel Market - Segment Analysis
- Overview
- Latin America Solar Panel Market, 2016 - 2028 (USD Million)
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Latin America Solar Panel Market, by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
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Latin America Solar Panel Market, by Grid
- By On Grid
- By Off Grid
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Latin America Solar Panel Market, by Application
- By Residential
- By Commercial
- By Industrial
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Latin America Solar Panel Market, by Country
- Brazil
- Brazil Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Brazil Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Brazil Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Brazil Solar Panel Market, By Technology
- Argentina
- Argentina Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Argentina Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Argentina Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Argentina Solar Panel Market, By Technology
- Rest of Latin America
- Rest of Latin America Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Rest of Latin America Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Rest of Latin America Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Rest of Latin America Solar Panel Market, By Technology
- Brazil
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Middle East & Africa Solar Panel Market - Segment Analysis
- Overview
- Middle East & Africa Solar Panel Market, 2016 - 2028 (USD Million)
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Middle East & Africa Solar Panel Market, by Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
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Middle East & Africa Solar Panel Market, by Grid
- By On Grid
- By Off Grid
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Middle East & Africa Solar Panel Market, by Application
- By Residential
- By Commercial
- By Industrial
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Middle East & Africa Solar Panel Market, by Country
- GCC Countries
- GCC Countries Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- GCC Countries Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- GCC Countries Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- GCC Countries Solar Panel Market, By Technology
- South Africa
- South Africa Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- South Africa Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- South Africa Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- South Africa Solar Panel Market, By Technology
- Rest of Middle East & Africa
- Rest of Middle East & Africa Solar Panel Market, By Technology
- By Thin Film
- By Crystalline Silicon
- By Other Technologies
- Rest of Middle East & Africa Solar Panel Market, By Grid
- By On Grid
- By Off Grid
- Rest of Middle East & Africa Solar Panel Market, By Application
- By Residential
- By Commercial
- By Industrial
- Rest of Middle East & Africa Solar Panel Market, By Technology
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Solar Panel in terms of revenue?
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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?
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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?
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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.
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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?
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Asia Pacific was the leading regional segment of the Solar Panel in 2022.