Solar Panel Market
Solar Panel Market Global Industry Assessment & Forecast
#
Pages:
145
2021
Nov - 2021
VMR-2021-0863
Segments Covered
By
Product Mono-crystalline Solar Panel, Poly-crystalline Solar Panel, Thin-film Solar Panel
-
By
Application Residential, Commercial, Utility
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
54.32 Billion |
 Revenue 2028:
|
209.36 Billion |
 Revenue CAGR
(2021 - 2028): |
18.37 |
Fastest Growing Region (2022 -
2028)
|
North America |
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
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Solar Panel in terms of revenue?
-
The global Solar Panel valued at 54.32 Billion in 2020 and is expected to reach 209.36 Billion in 2028 growing at a CAGR of 18.37%.
Which are the prominent players in the market?
-
The prominent players in the market are CETC Solar Energy Holdings Co Ltd, SCHMID Group, Yingkou Jinchen Machinery Co Ltd, Jinko Solar, Oerlikon Solar, Manz AG, Spire Corporation, JASolar, S-Energy, CSI, Kyocera, Ulvac Solar, Toshiba, AXITEC, Aleo Solar, Hanwha Solar One, Mitsubishi Electric, Panasonic Corporation (Sanyo), Yingli Green Energy, SunPower, Ecoprogetti, Luxor Solar, Trina Solar, First Solar, Renesola, Conergy, IBC Solar, Sharp Solar..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 18.37% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Solar Panel include
- The decrease in prices of solar modules coupled with increase in legislative and financial initiatives is expected to fuel the growth of the solar panel market in the years to come.
- The increase in R&D in solar cell technologies and development of solar storage systems along with supportive government initiatives is further expected to fuel the growth of the market in the estimated timeframe.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Solar Panel in 2020.
