Solar Panel Market by Type (Concentrated PV Cell, Monocrystalline, Polycrystalline), Application (Commercial, Residential) - Global Forecast 2024-2030

Solar Panel Market by Type (Concentrated PV Cell, Monocrystalline, Polycrystalline), Application (Commercial, Residential) - Global Forecast 2024-2030


The Solar Panel Market size was estimated at USD 48.12 billion in 2023 and expected to reach USD 52.09 billion in 2024, at a CAGR 8.38% to reach USD 84.56 billion by 2030.

Global Solar Panel Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Solar Panel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Solar Panel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Solar Panel Market, highlighting leading vendors and their innovative profiles. These include Adani Group, Aurora Solar Inc., BrightSource Energy Ltd., Canadian Solar Inc., First Solar, Inc., Fortum Corporation, Genus Innovation Limited, Goldi Solar, Inc., JA Solar Technology Co., Ltd., JinkoSolar Holding Co., Ltd., Kaneka Corporation, Luminous Power Technologies, Microtek, Oorjan Cleantech Pvt. Ltd., Panasonic Corporation, RenewSys India Pvt. Ltd., Sharp Corporation, SunPower Corporation, Suntech Power Co., Ltd., Tata Power Solar Systems Ltd., Tesla, Inc., Trina Solar Co., Ltd., United Renewable Energy, Vikram Solar Limited, and Waaree Energies Ltd..

Market Segmentation & Coverage



This research report categorizes the Solar Panel Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Concentrated PV Cell
Monocrystalline
Polycrystalline
Application
Commercial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Solar Panel Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Solar Panel Market?
3. What are the technology trends and regulatory frameworks in the Solar Panel Market?
4. What is the market share of the leading vendors in the Solar Panel Market?
5. Which modes and strategic moves are suitable for entering the Solar Panel Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Solar Panel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growth in Electricity Demand Globally
5.1.1.2. Surge in Rooftop Installations
5.1.1.3. Government Initiatives for Encouraging Solar Energy Applications
5.1.2. Restraints
5.1.2.1. Low Capacity Factor than the Other Source of Energy
5.1.2.2. High Cost of Solar Panel Installation
5.1.3. Opportunities
5.1.3.1. High Investment for Large Scale Solar Panel Based Energy Products
5.1.3.2. Rise in Government Focus on Smart Cities
5.1.4. Challenges
5.1.4.1. Climatic Conditions Coupled with Limitation of Solar Energy Production in Night and Geographical Latitudes Especially in Snowfall- and Rainfall-Prone Region
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Solar Panel Market, by Type
6.1. Introduction
6.2. Concentrated PV Cell
6.3. Monocrystalline
6.4. Polycrystalline
7. Solar Panel Market, by Application
7.1. Introduction
7.2. Commercial
7.3. Residential
8. Americas Solar Panel Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Solar Panel Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Solar Panel Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Adani Group
12.1.2. Aurora Solar Inc.
12.1.3. BrightSource Energy Ltd.
12.1.4. Canadian Solar Inc.
12.1.5. First Solar, Inc.
12.1.6. Fortum Corporation
12.1.7. Genus Innovation Limited
12.1.8. Goldi Solar, Inc.
12.1.9. JA Solar Technology Co., Ltd.
12.1.10. JinkoSolar Holding Co., Ltd.
12.1.11. Kaneka Corporation
12.1.12. Luminous Power Technologies
12.1.13. Microtek
12.1.14. Oorjan Cleantech Pvt. Ltd.
12.1.15. Panasonic Corporation
12.1.16. RenewSys India Pvt. Ltd.
12.1.17. Sharp Corporation
12.1.18. SunPower Corporation
12.1.19. Suntech Power Co., Ltd.
12.1.20. Tata Power Solar Systems Ltd.
12.1.21. Tesla, Inc.
12.1.22. Trina Solar Co., Ltd.
12.1.23. United Renewable Energy
12.1.24. Vikram Solar Limited
12.1.25. Waaree Energies Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. SOLAR PANEL MARKET RESEARCH PROCESS
FIGURE 2. SOLAR PANEL MARKET SIZE, 2023 VS 2030
FIGURE 3. SOLAR PANEL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SOLAR PANEL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SOLAR PANEL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SOLAR PANEL MARKET DYNAMICS
FIGURE 7. SOLAR PANEL MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. SOLAR PANEL MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SOLAR PANEL MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. SOLAR PANEL MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES SOLAR PANEL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES SOLAR PANEL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA SOLAR PANEL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. SOLAR PANEL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. SOLAR PANEL MARKET SHARE, BY KEY PLAYER, 2023

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