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The solar panels market is forecast to grow by USD 53.4 billion during 2023-2028, accelerating at a CAGR of 7.82% during the forecast period. The report on the solar panels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in the renewable energy sector, declining cost of solar PV panels, and emerging favorable government regulations.
The solar panels market is segmented as below:
By End-user
- Power utilities
- Commercial
- Residential
By Type
- Crystalline panel
- Thin-film panel
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the solar panels market covers the following areas:
- Solar panels market sizing
- Solar panels market forecast
- Solar panels market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global solar panels market: Adani Group, Antec Solar GmbH, Canadian Solar Inc., First Solar Inc., Flisom AG, Hanergy Thin Film Power Group Ltd., JA Solar Technology Co. Ltd., Jiangsu Zhongli Group Co. Ltd., JinkoSolar Holding Co. Ltd., Kaneka Corp., LONGi Green Energy Technology Co. Ltd., Risen Energy Co. Ltd., Shell plc, SoloPower Systems Inc., Soltecture GmbH, Tata Power Co. Ltd., Tesla Inc., Trina Solar Co. Ltd., Wuxi Suntech Power Co. Ltd., and Yingli Green Energy Holding Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advances in thin-film solar PV modules."
According to the report, one of the major drivers for this market is the increasing investments in the renewable energy sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adani Group
- Antec Solar GmbH
- Canadian Solar Inc.
- First Solar Inc.
- Flisom AG
- Hanergy Thin Film Power Group Ltd.
- JA Solar Technology Co. Ltd.
- Jiangsu Zhongli Group Co. Ltd.
- JinkoSolar Holding Co. Ltd.
- Kaneka Corp.
- LONGi Green Energy Technology Co. Ltd.
- Risen Energy Co. Ltd.
- Shell plc
- SoloPower Systems Inc.
- Soltecture GmbH
- Tata Power Co. Ltd.
- Tesla Inc.
- Trina Solar Co. Ltd.
- Wuxi Suntech Power Co. Ltd.
- Yingli Green Energy Holding Co. Ltd.