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Solar Modules Market

Solar Modules Market

Solar Modules Market Global Industry Assessment & Forecast

# Pages:

169

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0864

Segments Covered
  • By Product Mono-crystalline Solar Panel, Poly-crystalline Solar Panel, Thin-film Solar Panel
  • By Application Residential, Commercial, Utility
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 112.31 Billion
Revenue 2028Revenue 2028: 190.25 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 6.81
Fastest Growing Region 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

Product  Analysis: Preview

On the basis of Product, the market is segmented into Mono-crystalline Solar Panel, Poly-crystalline Solar Panel, Thin-film Solar Panel,. Mono-crystalline Solar Panel held the highest share in the global Solar Modules market and is projected to witness the same trend during the forecast period.

Application Analysis: Preview

Based on Application, the market is segmented into Residential, Commercial, Utility,. Commercial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global Solar Modules market and is expected to continue the same trend from 2021 to 2028. 

Global Solar Modules Market: Product Segment Analysis

    • Mono-crystalline Solar Panel
    • Poly-crystalline Solar Panel
    • Thin-film Solar Panel

Global Solar Modules Market: Application Segment Analysis

    • Residential
    • Commercial
    • Utility
FAQ
Frequently Asked Question
  • The global Solar Modules valued at 112.31 Billion in 2020 and is expected to reach 190.25 Billion in 2028 growing at a CAGR of 6.81%.

  • The prominent players in the market are Jinko Solar Holding Co. Ltd., Yingli Solar, Trina Solar Limited, JA Solar Holdings Co. Ltd., Hanwha Q CELLS Co. Ltd., Canadian Solar Inc., Abengoa Solar, SunPower Corporation, ABROS green GmbH, eSolar Inc..

  • The market is project to grow at a CAGR of 6.81% between 2021 and 2028.

  • The driving factors of the Solar Modules include

    • The increase in demand for solar photovoltaic (PV) from residential sector is anticipated to augment the growth of the market over the forecast period.
    • Furthermore, the increase in government initiatives and programs are also expected to supprt the growth of the market during the forecast period.

  • North America was the leading regional segment of the Solar Modules in 2020.