Solar Energy Panel Market
Solar Energy Panel Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0796
Segments Covered
By
Product Mono-crystalline, Poly-crystalline, Thin-Film, Others
-
By
Application Residential, Commercial, Industrial, Power Utilities
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
52.5 Billion |
 Revenue 2028:
|
233.3 Billion |
 Revenue CAGR
(2021 - 2028): |
20.50% |
Fastest Growing Region (2022 -
2028)
|
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
The report delivers an acute breakdown of the market based on various segments such as Product, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Mono-crystalline, Poly-crystalline, Thin-Film, Others,. Poly crystalline held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based
on Application, the market is divided into Residential, Commercial, Industrial, Power Utilities,. Industrial
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Solar Energy Panel Market: Product Segment Analysis
-
- Mono-crystalline
- Poly-crystalline
- Thin-Film
- Others
Global Solar Energy Panel Market: Application Segment Analysis
-
- Residential
- Commercial
- Industrial
- Power Utilities
FAQ
Frequently Asked Question
What is the global demand for Solar Energy Panel in terms of revenue?
-
The global Solar Energy Panel valued at 52.5 Billion in 2020 and is expected to reach 233.3 Billion in 2028 growing at a CAGR of 20.50%%.
Which are the prominent players in the market?
-
The prominent players in the market are JA Solar Holdings Co Ltd., JinkoSolar Holding Co. Ltd., Renesola, Shunfeng International Clean Energy Limited Suntech, Trina Solar Limited, First Solar Inc., Sharp Solar and Renewable Energy Corporation, Canadian Solar Inc., Hanwha Q CELLS (Hanwha Group)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 20.50%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Solar Energy Panel include
- An intense focus on the environment coupled with a growing focus on clean energy solutions is set to roar the market.
- Growing energy consumption has put immense pressure on energy resources, which has alerted the need for renewable energy sources expected to further drive market growth over the forecast timeline.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Solar Energy Panel in 2020.
