Solar Panel Market Intelligence Report - Global Forecast to 2027

Solar Panel Market Intelligence Report - Global Forecast to 2027

The Global Solar Panel Market is projected to reach USD 66,577.65 million by 2027 from USD 41,419.02 million in 2021, at a CAGR 8.23% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Solar Panel Market size was estimated at USD 9,548.74 million in 2021 and expected to reach USD 10,161.23 million in 2022, at a CAGR 7.68% to reach USD 14,889.86 million by 2027.
• The Asia-Pacific Solar Panel Market size was estimated at USD 17,838.17 million in 2021 and expected to reach USD 19,387.08 million in 2022, at a CAGR 8.43% to reach USD 29,001.26 million by 2027.
• The Europe, Middle East & Africa Solar Panel Market size was estimated at USD 14,032.10 million in 2021 and expected to reach USD 15,207.21 million in 2022, at a CAGR 8.33% to reach USD 22,686.51 million by 2027.

Market Segmentation & Coverage:

The report on solar panel identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the solar panel to forecast the revenues and analyze the 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
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Adani Group
• BrightSource Energy Inc.
• Canadian Solar Inc.
• First Solar, Inc.
• Fortum Oyj
• Genus Innovation Limited
• Goldi Solar Pvt. Ltd.
• JA Solar Technology Co.,Ltd.
• JinkoSolar Holding Co., Ltd.
• Kaneka Corporation
• Luminous Power Technologies
• Microtek International P. Ltd.
• Oorjan Cleantech Pvt. Ltd.
• Panasonic Corporation
• Renewsys India Private Ltd.
• Sharp Corporation
• SunPower Corporation
• Suntech Power Holdings Co. Ltd.
• Tata Power Solar Systems Limited
• Tesla, Inc.
• Trina Solar Co., Ltd.
• United Renewable Energy
• Vikram Solar Limited
• Waaree Energies Ltd.

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 41,419.02 million

Estimated Year Value: USD 44,755.52 million

Forecast Year Value: USD 66,577.65 million

CAGR (%): 8.23%.

Please Note: PDF & Excel + Online Access - 1 Year