Global Solar Panels

Solar Panels Comprehensive Study by Type (Monocrystalline, Polycrystalline, Passivated Emitter and Rear Contact cells (PERC), Thin-film), Application (Household, Commercial, Industrial), Power Rating (Less than 300W, More than 300W), Distribution Channel (Online, Offline), Fire Rating (Class A, Class B, Class C) Players and Region - Global Market Outlook to 2030

Solar Panels Market by XX Submarkets | Forecast Years 2024-2030  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Solar Panels Market Scope
Solar panels are the devices which consist of flat panels which are used to absorb sun rays and convert them into electricity which can be used for household or industrial use. Solar panels are made up odf six different components, these include solar cells, a metal frame, glass sheet, standard 12V wire and bus wire. Solar cell act as a main component which is made up of monocrystalline, polycrystalline, or thin film (“amorphous”) silicon. Silicon is most commonly used semiconductor material. Owing to increasing environmental concern for duplication of non-renewable energy sources and increasing demand for solar energy panels, the Solar Panel market is expected to grow at a significant rate during the forecast period.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
Key Companies ProfiledHnawha Group (South Korea), SMA Solar Technology (United States), JinkoSolar Holding Co. Ltd (United States), Canadian Solar Inc. (Canada), REC Solar (Singapore), SunPower Crop (United States), Sharp Solar (Japan), First Solar (United States), Trina Solar (China), Kyocera solar (United States) and RenewSys solar (India)
CAGR%


The players are focusing on development with automation and technological advancement in solar panel to enhance their overall work capacity and performance. Leading manufacturer of solar panel offer wide range of product with considering consumers demand. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Solar Panels market throughout the predicted period.

Hnawha Group (South Korea), SMA Solar Technology (United States), JinkoSolar Holding Co. Ltd (United States), Canadian Solar Inc. (Canada), REC Solar (Singapore), SunPower Crop (United States), Sharp Solar (Japan), First Solar (United States), Trina Solar (China), Kyocera solar (United States) and RenewSys solar (India) are some of the key players that are part of study coverage.

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Solar Panels market by Type , by Application (Household, Commercial and Industrial) and Region with country level break-up.

On the basis of geography, the market of Solar Panels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2023.

Market Leaders and their expansionary development strategies
In Octomber 2021, SunPower acquired Blue Raven Solar. SunPower Corp. is leading solar technology and energy services provider and Blue Raven Solar is fastest growing residential solar provider in U.S. This acquisition help SunPower to provide affordable, resilient, sustainable energy to new set of homeowner and expand their growth strategically.
In April 2022, Hanwha Q CELLS launched new Q PEAK solar module in market. Q PEAK solar module made up of microcrystalline solar cells which has companies advance Q.ANTUM cell technology. This product is ideal for residential buildings. With this product launch company expand its presence in solar panel market.


Influencing Trend:
Increasing Demand Solar Energy Activated Products and Rising Demand for Solar Installation in Household

Market Growth Drivers:
Rising Demand for Solar Panels and Geysers and Growing Demand for Renewable Energy Sources

Challenges:
Inadequate Availability Of Land

Restraints:
Lack of Proper Management in Supply Chain and Higher Cost for Maintenance and Installation

Opportunities:
Technological Advancement in Solar Panel and Government Encourage Implementation of Solar Panel by Providing Incentive

Key Target Audience
Solar Panel Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries

Report Objectives / Segmentation Covered

By Type
  • Monocrystalline
  • Polycrystalline
  • Passivated Emitter and Rear Contact cells (PERC)
  • Thin-film
By Application
  • Household
  • Commercial
  • Industrial
By Power Rating
  • Less than 300W
  • More than 300W

By Distribution Channel
  • Online
  • Offline

By Fire Rating
  • Class A
  • Class B
  • Class C

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rising Demand for Solar Panels and Geysers
      • 3.2.2. Growing Demand for Renewable Energy Sources
    • 3.3. Market Challenges
      • 3.3.1. Inadequate Availability Of Land
    • 3.4. Market Trends
      • 3.4.1. Increasing Demand Solar Energy Activated Products
      • 3.4.2. Rising Demand for Solar Installation in Household
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Solar Panels, by Type, Application, Power Rating, Distribution Channel, Fire Rating and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Solar Panels (Value)
      • 5.2.1. Global Solar Panels by: Type (Value)
        • 5.2.1.1. Monocrystalline
        • 5.2.1.2. Polycrystalline
        • 5.2.1.3. Passivated Emitter and Rear Contact cells (PERC)
        • 5.2.1.4. Thin-film
      • 5.2.2. Global Solar Panels by: Application (Value)
        • 5.2.2.1. Household
        • 5.2.2.2. Commercial
        • 5.2.2.3. Industrial
      • 5.2.3. Global Solar Panels by: Power Rating (Value)
        • 5.2.3.1. Less than 300W
        • 5.2.3.2. More than 300W
      • 5.2.4. Global Solar Panels by: Distribution Channel (Value)
        • 5.2.4.1. Online
        • 5.2.4.2. Offline
      • 5.2.5. Global Solar Panels by: Fire Rating (Value)
        • 5.2.5.1. Class A
        • 5.2.5.2. Class B
        • 5.2.5.3. Class C
      • 5.2.6. Global Solar Panels Region
        • 5.2.6.1. South America
          • 5.2.6.1.1. Brazil
          • 5.2.6.1.2. Argentina
          • 5.2.6.1.3. Rest of South America
        • 5.2.6.2. Asia Pacific
          • 5.2.6.2.1. China
          • 5.2.6.2.2. Japan
          • 5.2.6.2.3. India
          • 5.2.6.2.4. South Korea
          • 5.2.6.2.5. Taiwan
          • 5.2.6.2.6. Australia
          • 5.2.6.2.7. Rest of Asia-Pacific
        • 5.2.6.3. Europe
          • 5.2.6.3.1. Germany
          • 5.2.6.3.2. France
          • 5.2.6.3.3. Italy
          • 5.2.6.3.4. United Kingdom
          • 5.2.6.3.5. Netherlands
          • 5.2.6.3.6. Rest of Europe
        • 5.2.6.4. MEA
          • 5.2.6.4.1. Middle East
          • 5.2.6.4.2. Africa
        • 5.2.6.5. North America
          • 5.2.6.5.1. United States
          • 5.2.6.5.2. Canada
          • 5.2.6.5.3. Mexico
  • 6. Solar Panels: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Hnawha Group (South Korea)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. SMA Solar Technology (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. JinkoSolar Holding Co. Ltd (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Canadian Solar Inc. (Canada)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. REC Solar (Singapore)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. SunPower Crop (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Sharp Solar (Japan)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. First Solar (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Trina Solar (China)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Kyocera solar (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
      • 6.4.11. RenewSys solar (India)
        • 6.4.11.1. Business Overview
        • 6.4.11.2. Products/Services Offerings
        • 6.4.11.3. Financial Analysis
        • 6.4.11.4. SWOT Analysis
  • 7. Global Solar Panels Sale, by Type, Application, Power Rating, Distribution Channel, Fire Rating and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Solar Panels (Value)
      • 7.2.1. Global Solar Panels by: Type (Value)
        • 7.2.1.1. Monocrystalline
        • 7.2.1.2. Polycrystalline
        • 7.2.1.3. Passivated Emitter and Rear Contact cells (PERC)
        • 7.2.1.4. Thin-film
      • 7.2.2. Global Solar Panels by: Application (Value)
        • 7.2.2.1. Household
        • 7.2.2.2. Commercial
        • 7.2.2.3. Industrial
      • 7.2.3. Global Solar Panels by: Power Rating (Value)
        • 7.2.3.1. Less than 300W
        • 7.2.3.2. More than 300W
      • 7.2.4. Global Solar Panels by: Distribution Channel (Value)
        • 7.2.4.1. Online
        • 7.2.4.2. Offline
      • 7.2.5. Global Solar Panels by: Fire Rating (Value)
        • 7.2.5.1. Class A
        • 7.2.5.2. Class B
        • 7.2.5.3. Class C
      • 7.2.6. Global Solar Panels Region
        • 7.2.6.1. South America
          • 7.2.6.1.1. Brazil
          • 7.2.6.1.2. Argentina
          • 7.2.6.1.3. Rest of South America
        • 7.2.6.2. Asia Pacific
          • 7.2.6.2.1. China
          • 7.2.6.2.2. Japan
          • 7.2.6.2.3. India
          • 7.2.6.2.4. South Korea
          • 7.2.6.2.5. Taiwan
          • 7.2.6.2.6. Australia
          • 7.2.6.2.7. Rest of Asia-Pacific
        • 7.2.6.3. Europe
          • 7.2.6.3.1. Germany
          • 7.2.6.3.2. France
          • 7.2.6.3.3. Italy
          • 7.2.6.3.4. United Kingdom
          • 7.2.6.3.5. Netherlands
          • 7.2.6.3.6. Rest of Europe
        • 7.2.6.4. MEA
          • 7.2.6.4.1. Middle East
          • 7.2.6.4.2. Africa
        • 7.2.6.5. North America
          • 7.2.6.5.1. United States
          • 7.2.6.5.2. Canada
          • 7.2.6.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Solar Panels: by Type(USD Million)
  • Table 2. Solar Panels Monocrystalline , by Region USD Million (2018-2023)
  • Table 3. Solar Panels Polycrystalline , by Region USD Million (2018-2023)
  • Table 4. Solar Panels Passivated Emitter and Rear Contact cells (PERC) , by Region USD Million (2018-2023)
  • Table 5. Solar Panels Thin-film , by Region USD Million (2018-2023)
  • Table 6. Solar Panels: by Application(USD Million)
  • Table 7. Solar Panels Household , by Region USD Million (2018-2023)
  • Table 8. Solar Panels Commercial , by Region USD Million (2018-2023)
  • Table 9. Solar Panels Industrial , by Region USD Million (2018-2023)
  • Table 10. Solar Panels: by Power Rating(USD Million)
  • Table 11. Solar Panels Less than 300W , by Region USD Million (2018-2023)
  • Table 12. Solar Panels More than 300W , by Region USD Million (2018-2023)
  • Table 13. Solar Panels: by Distribution Channel(USD Million)
  • Table 14. Solar Panels Online , by Region USD Million (2018-2023)
  • Table 15. Solar Panels Offline , by Region USD Million (2018-2023)
  • Table 16. Solar Panels: by Fire Rating(USD Million)
  • Table 17. Solar Panels Class A , by Region USD Million (2018-2023)
  • Table 18. Solar Panels Class B , by Region USD Million (2018-2023)
  • Table 19. Solar Panels Class C , by Region USD Million (2018-2023)
  • Table 20. South America Solar Panels, by Country USD Million (2018-2023)
  • Table 21. South America Solar Panels, by Type USD Million (2018-2023)
  • Table 22. South America Solar Panels, by Application USD Million (2018-2023)
  • Table 23. South America Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 24. South America Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 25. South America Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 26. Brazil Solar Panels, by Type USD Million (2018-2023)
  • Table 27. Brazil Solar Panels, by Application USD Million (2018-2023)
  • Table 28. Brazil Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 29. Brazil Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 30. Brazil Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 31. Argentina Solar Panels, by Type USD Million (2018-2023)
  • Table 32. Argentina Solar Panels, by Application USD Million (2018-2023)
  • Table 33. Argentina Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 34. Argentina Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 35. Argentina Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 36. Rest of South America Solar Panels, by Type USD Million (2018-2023)
  • Table 37. Rest of South America Solar Panels, by Application USD Million (2018-2023)
  • Table 38. Rest of South America Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 39. Rest of South America Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 40. Rest of South America Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 41. Asia Pacific Solar Panels, by Country USD Million (2018-2023)
  • Table 42. Asia Pacific Solar Panels, by Type USD Million (2018-2023)
  • Table 43. Asia Pacific Solar Panels, by Application USD Million (2018-2023)
  • Table 44. Asia Pacific Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 45. Asia Pacific Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 46. Asia Pacific Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 47. China Solar Panels, by Type USD Million (2018-2023)
  • Table 48. China Solar Panels, by Application USD Million (2018-2023)
  • Table 49. China Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 50. China Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 51. China Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 52. Japan Solar Panels, by Type USD Million (2018-2023)
  • Table 53. Japan Solar Panels, by Application USD Million (2018-2023)
  • Table 54. Japan Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 55. Japan Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 56. Japan Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 57. India Solar Panels, by Type USD Million (2018-2023)
  • Table 58. India Solar Panels, by Application USD Million (2018-2023)
  • Table 59. India Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 60. India Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 61. India Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 62. South Korea Solar Panels, by Type USD Million (2018-2023)
  • Table 63. South Korea Solar Panels, by Application USD Million (2018-2023)
  • Table 64. South Korea Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 65. South Korea Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 66. South Korea Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 67. Taiwan Solar Panels, by Type USD Million (2018-2023)
  • Table 68. Taiwan Solar Panels, by Application USD Million (2018-2023)
  • Table 69. Taiwan Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 70. Taiwan Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 71. Taiwan Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 72. Australia Solar Panels, by Type USD Million (2018-2023)
  • Table 73. Australia Solar Panels, by Application USD Million (2018-2023)
  • Table 74. Australia Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 75. Australia Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 76. Australia Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 77. Rest of Asia-Pacific Solar Panels, by Type USD Million (2018-2023)
  • Table 78. Rest of Asia-Pacific Solar Panels, by Application USD Million (2018-2023)
  • Table 79. Rest of Asia-Pacific Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 80. Rest of Asia-Pacific Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 81. Rest of Asia-Pacific Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 82. Europe Solar Panels, by Country USD Million (2018-2023)
  • Table 83. Europe Solar Panels, by Type USD Million (2018-2023)
  • Table 84. Europe Solar Panels, by Application USD Million (2018-2023)
  • Table 85. Europe Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 86. Europe Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 87. Europe Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 88. Germany Solar Panels, by Type USD Million (2018-2023)
  • Table 89. Germany Solar Panels, by Application USD Million (2018-2023)
  • Table 90. Germany Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 91. Germany Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 92. Germany Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 93. France Solar Panels, by Type USD Million (2018-2023)
  • Table 94. France Solar Panels, by Application USD Million (2018-2023)
  • Table 95. France Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 96. France Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 97. France Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 98. Italy Solar Panels, by Type USD Million (2018-2023)
  • Table 99. Italy Solar Panels, by Application USD Million (2018-2023)
  • Table 100. Italy Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 101. Italy Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 102. Italy Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 103. United Kingdom Solar Panels, by Type USD Million (2018-2023)
  • Table 104. United Kingdom Solar Panels, by Application USD Million (2018-2023)
  • Table 105. United Kingdom Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 106. United Kingdom Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 107. United Kingdom Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 108. Netherlands Solar Panels, by Type USD Million (2018-2023)
  • Table 109. Netherlands Solar Panels, by Application USD Million (2018-2023)
  • Table 110. Netherlands Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 111. Netherlands Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 112. Netherlands Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 113. Rest of Europe Solar Panels, by Type USD Million (2018-2023)
  • Table 114. Rest of Europe Solar Panels, by Application USD Million (2018-2023)
  • Table 115. Rest of Europe Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 116. Rest of Europe Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 117. Rest of Europe Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 118. MEA Solar Panels, by Country USD Million (2018-2023)
  • Table 119. MEA Solar Panels, by Type USD Million (2018-2023)
  • Table 120. MEA Solar Panels, by Application USD Million (2018-2023)
  • Table 121. MEA Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 122. MEA Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 123. MEA Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 124. Middle East Solar Panels, by Type USD Million (2018-2023)
  • Table 125. Middle East Solar Panels, by Application USD Million (2018-2023)
  • Table 126. Middle East Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 127. Middle East Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 128. Middle East Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 129. Africa Solar Panels, by Type USD Million (2018-2023)
  • Table 130. Africa Solar Panels, by Application USD Million (2018-2023)
  • Table 131. Africa Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 132. Africa Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 133. Africa Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 134. North America Solar Panels, by Country USD Million (2018-2023)
  • Table 135. North America Solar Panels, by Type USD Million (2018-2023)
  • Table 136. North America Solar Panels, by Application USD Million (2018-2023)
  • Table 137. North America Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 138. North America Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 139. North America Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 140. United States Solar Panels, by Type USD Million (2018-2023)
  • Table 141. United States Solar Panels, by Application USD Million (2018-2023)
  • Table 142. United States Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 143. United States Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 144. United States Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 145. Canada Solar Panels, by Type USD Million (2018-2023)
  • Table 146. Canada Solar Panels, by Application USD Million (2018-2023)
  • Table 147. Canada Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 148. Canada Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 149. Canada Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 150. Mexico Solar Panels, by Type USD Million (2018-2023)
  • Table 151. Mexico Solar Panels, by Application USD Million (2018-2023)
  • Table 152. Mexico Solar Panels, by Power Rating USD Million (2018-2023)
  • Table 153. Mexico Solar Panels, by Distribution Channel USD Million (2018-2023)
  • Table 154. Mexico Solar Panels, by Fire Rating USD Million (2018-2023)
  • Table 155. Company Basic Information, Sales Area and Its Competitors
  • Table 156. Company Basic Information, Sales Area and Its Competitors
  • Table 157. Company Basic Information, Sales Area and Its Competitors
  • Table 158. Company Basic Information, Sales Area and Its Competitors
  • Table 159. Company Basic Information, Sales Area and Its Competitors
  • Table 160. Company Basic Information, Sales Area and Its Competitors
  • Table 161. Company Basic Information, Sales Area and Its Competitors
  • Table 162. Company Basic Information, Sales Area and Its Competitors
  • Table 163. Company Basic Information, Sales Area and Its Competitors
  • Table 164. Company Basic Information, Sales Area and Its Competitors
  • Table 165. Company Basic Information, Sales Area and Its Competitors
  • Table 166. Solar Panels: by Type(USD Million)
  • Table 167. Solar Panels Monocrystalline , by Region USD Million (2025-2030)
  • Table 168. Solar Panels Polycrystalline , by Region USD Million (2025-2030)
  • Table 169. Solar Panels Passivated Emitter and Rear Contact cells (PERC) , by Region USD Million (2025-2030)
  • Table 170. Solar Panels Thin-film , by Region USD Million (2025-2030)
  • Table 171. Solar Panels: by Application(USD Million)
  • Table 172. Solar Panels Household , by Region USD Million (2025-2030)
  • Table 173. Solar Panels Commercial , by Region USD Million (2025-2030)
  • Table 174. Solar Panels Industrial , by Region USD Million (2025-2030)
  • Table 175. Solar Panels: by Power Rating(USD Million)
  • Table 176. Solar Panels Less than 300W , by Region USD Million (2025-2030)
  • Table 177. Solar Panels More than 300W , by Region USD Million (2025-2030)
  • Table 178. Solar Panels: by Distribution Channel(USD Million)
  • Table 179. Solar Panels Online , by Region USD Million (2025-2030)
  • Table 180. Solar Panels Offline , by Region USD Million (2025-2030)
  • Table 181. Solar Panels: by Fire Rating(USD Million)
  • Table 182. Solar Panels Class A , by Region USD Million (2025-2030)
  • Table 183. Solar Panels Class B , by Region USD Million (2025-2030)
  • Table 184. Solar Panels Class C , by Region USD Million (2025-2030)
  • Table 185. South America Solar Panels, by Country USD Million (2025-2030)
  • Table 186. South America Solar Panels, by Type USD Million (2025-2030)
  • Table 187. South America Solar Panels, by Application USD Million (2025-2030)
  • Table 188. South America Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 189. South America Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 190. South America Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 191. Brazil Solar Panels, by Type USD Million (2025-2030)
  • Table 192. Brazil Solar Panels, by Application USD Million (2025-2030)
  • Table 193. Brazil Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 194. Brazil Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 195. Brazil Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 196. Argentina Solar Panels, by Type USD Million (2025-2030)
  • Table 197. Argentina Solar Panels, by Application USD Million (2025-2030)
  • Table 198. Argentina Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 199. Argentina Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 200. Argentina Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 201. Rest of South America Solar Panels, by Type USD Million (2025-2030)
  • Table 202. Rest of South America Solar Panels, by Application USD Million (2025-2030)
  • Table 203. Rest of South America Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 204. Rest of South America Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 205. Rest of South America Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 206. Asia Pacific Solar Panels, by Country USD Million (2025-2030)
  • Table 207. Asia Pacific Solar Panels, by Type USD Million (2025-2030)
  • Table 208. Asia Pacific Solar Panels, by Application USD Million (2025-2030)
  • Table 209. Asia Pacific Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 210. Asia Pacific Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 211. Asia Pacific Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 212. China Solar Panels, by Type USD Million (2025-2030)
  • Table 213. China Solar Panels, by Application USD Million (2025-2030)
  • Table 214. China Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 215. China Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 216. China Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 217. Japan Solar Panels, by Type USD Million (2025-2030)
  • Table 218. Japan Solar Panels, by Application USD Million (2025-2030)
  • Table 219. Japan Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 220. Japan Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 221. Japan Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 222. India Solar Panels, by Type USD Million (2025-2030)
  • Table 223. India Solar Panels, by Application USD Million (2025-2030)
  • Table 224. India Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 225. India Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 226. India Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 227. South Korea Solar Panels, by Type USD Million (2025-2030)
  • Table 228. South Korea Solar Panels, by Application USD Million (2025-2030)
  • Table 229. South Korea Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 230. South Korea Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 231. South Korea Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 232. Taiwan Solar Panels, by Type USD Million (2025-2030)
  • Table 233. Taiwan Solar Panels, by Application USD Million (2025-2030)
  • Table 234. Taiwan Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 235. Taiwan Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 236. Taiwan Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 237. Australia Solar Panels, by Type USD Million (2025-2030)
  • Table 238. Australia Solar Panels, by Application USD Million (2025-2030)
  • Table 239. Australia Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 240. Australia Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 241. Australia Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 242. Rest of Asia-Pacific Solar Panels, by Type USD Million (2025-2030)
  • Table 243. Rest of Asia-Pacific Solar Panels, by Application USD Million (2025-2030)
  • Table 244. Rest of Asia-Pacific Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 245. Rest of Asia-Pacific Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 246. Rest of Asia-Pacific Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 247. Europe Solar Panels, by Country USD Million (2025-2030)
  • Table 248. Europe Solar Panels, by Type USD Million (2025-2030)
  • Table 249. Europe Solar Panels, by Application USD Million (2025-2030)
  • Table 250. Europe Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 251. Europe Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 252. Europe Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 253. Germany Solar Panels, by Type USD Million (2025-2030)
  • Table 254. Germany Solar Panels, by Application USD Million (2025-2030)
  • Table 255. Germany Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 256. Germany Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 257. Germany Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 258. France Solar Panels, by Type USD Million (2025-2030)
  • Table 259. France Solar Panels, by Application USD Million (2025-2030)
  • Table 260. France Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 261. France Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 262. France Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 263. Italy Solar Panels, by Type USD Million (2025-2030)
  • Table 264. Italy Solar Panels, by Application USD Million (2025-2030)
  • Table 265. Italy Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 266. Italy Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 267. Italy Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 268. United Kingdom Solar Panels, by Type USD Million (2025-2030)
  • Table 269. United Kingdom Solar Panels, by Application USD Million (2025-2030)
  • Table 270. United Kingdom Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 271. United Kingdom Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 272. United Kingdom Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 273. Netherlands Solar Panels, by Type USD Million (2025-2030)
  • Table 274. Netherlands Solar Panels, by Application USD Million (2025-2030)
  • Table 275. Netherlands Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 276. Netherlands Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 277. Netherlands Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 278. Rest of Europe Solar Panels, by Type USD Million (2025-2030)
  • Table 279. Rest of Europe Solar Panels, by Application USD Million (2025-2030)
  • Table 280. Rest of Europe Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 281. Rest of Europe Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 282. Rest of Europe Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 283. MEA Solar Panels, by Country USD Million (2025-2030)
  • Table 284. MEA Solar Panels, by Type USD Million (2025-2030)
  • Table 285. MEA Solar Panels, by Application USD Million (2025-2030)
  • Table 286. MEA Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 287. MEA Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 288. MEA Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 289. Middle East Solar Panels, by Type USD Million (2025-2030)
  • Table 290. Middle East Solar Panels, by Application USD Million (2025-2030)
  • Table 291. Middle East Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 292. Middle East Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 293. Middle East Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 294. Africa Solar Panels, by Type USD Million (2025-2030)
  • Table 295. Africa Solar Panels, by Application USD Million (2025-2030)
  • Table 296. Africa Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 297. Africa Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 298. Africa Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 299. North America Solar Panels, by Country USD Million (2025-2030)
  • Table 300. North America Solar Panels, by Type USD Million (2025-2030)
  • Table 301. North America Solar Panels, by Application USD Million (2025-2030)
  • Table 302. North America Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 303. North America Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 304. North America Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 305. United States Solar Panels, by Type USD Million (2025-2030)
  • Table 306. United States Solar Panels, by Application USD Million (2025-2030)
  • Table 307. United States Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 308. United States Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 309. United States Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 310. Canada Solar Panels, by Type USD Million (2025-2030)
  • Table 311. Canada Solar Panels, by Application USD Million (2025-2030)
  • Table 312. Canada Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 313. Canada Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 314. Canada Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 315. Mexico Solar Panels, by Type USD Million (2025-2030)
  • Table 316. Mexico Solar Panels, by Application USD Million (2025-2030)
  • Table 317. Mexico Solar Panels, by Power Rating USD Million (2025-2030)
  • Table 318. Mexico Solar Panels, by Distribution Channel USD Million (2025-2030)
  • Table 319. Mexico Solar Panels, by Fire Rating USD Million (2025-2030)
  • Table 320. Research Programs/Design for This Report
  • Table 321. Key Data Information from Secondary Sources
  • Table 322. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Solar Panels: by Type USD Million (2018-2023)
  • Figure 5. Global Solar Panels: by Application USD Million (2018-2023)
  • Figure 6. Global Solar Panels: by Power Rating USD Million (2018-2023)
  • Figure 7. Global Solar Panels: by Distribution Channel USD Million (2018-2023)
  • Figure 8. Global Solar Panels: by Fire Rating USD Million (2018-2023)
  • Figure 9. South America Solar Panels Share (%), by Country
  • Figure 10. Asia Pacific Solar Panels Share (%), by Country
  • Figure 11. Europe Solar Panels Share (%), by Country
  • Figure 12. MEA Solar Panels Share (%), by Country
  • Figure 13. North America Solar Panels Share (%), by Country
  • Figure 14. Global Solar Panels share by Players 2023 (%)
  • Figure 15. Global Solar Panels share by Players (Top 3) 2023(%)
  • Figure 16. Global Solar Panels share by Players (Top 5) 2023(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Hnawha Group (South Korea) Revenue, Net Income and Gross profit
  • Figure 19. Hnawha Group (South Korea) Revenue: by Geography 2023
  • Figure 20. SMA Solar Technology (United States) Revenue, Net Income and Gross profit
  • Figure 21. SMA Solar Technology (United States) Revenue: by Geography 2023
  • Figure 22. JinkoSolar Holding Co. Ltd (United States) Revenue, Net Income and Gross profit
  • Figure 23. JinkoSolar Holding Co. Ltd (United States) Revenue: by Geography 2023
  • Figure 24. Canadian Solar Inc. (Canada) Revenue, Net Income and Gross profit
  • Figure 25. Canadian Solar Inc. (Canada) Revenue: by Geography 2023
  • Figure 26. REC Solar (Singapore) Revenue, Net Income and Gross profit
  • Figure 27. REC Solar (Singapore) Revenue: by Geography 2023
  • Figure 28. SunPower Crop (United States) Revenue, Net Income and Gross profit
  • Figure 29. SunPower Crop (United States) Revenue: by Geography 2023
  • Figure 30. Sharp Solar (Japan) Revenue, Net Income and Gross profit
  • Figure 31. Sharp Solar (Japan) Revenue: by Geography 2023
  • Figure 32. First Solar (United States) Revenue, Net Income and Gross profit
  • Figure 33. First Solar (United States) Revenue: by Geography 2023
  • Figure 34. Trina Solar (China) Revenue, Net Income and Gross profit
  • Figure 35. Trina Solar (China) Revenue: by Geography 2023
  • Figure 36. Kyocera solar (United States) Revenue, Net Income and Gross profit
  • Figure 37. Kyocera solar (United States) Revenue: by Geography 2023
  • Figure 38. RenewSys solar (India) Revenue, Net Income and Gross profit
  • Figure 39. RenewSys solar (India) Revenue: by Geography 2023
  • Figure 40. Global Solar Panels: by Type USD Million (2025-2030)
  • Figure 41. Global Solar Panels: by Application USD Million (2025-2030)
  • Figure 42. Global Solar Panels: by Power Rating USD Million (2025-2030)
  • Figure 43. Global Solar Panels: by Distribution Channel USD Million (2025-2030)
  • Figure 44. Global Solar Panels: by Fire Rating USD Million (2025-2030)
  • Figure 45. South America Solar Panels Share (%), by Country
  • Figure 46. Asia Pacific Solar Panels Share (%), by Country
  • Figure 47. Europe Solar Panels Share (%), by Country
  • Figure 48. MEA Solar Panels Share (%), by Country
  • Figure 49. North America Solar Panels Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Hnawha Group (South Korea)
  • SMA Solar Technology (United States)
  • JinkoSolar Holding Co. Ltd (United States)
  • Canadian Solar Inc. (Canada)
  • REC Solar (Singapore)
  • SunPower Crop (United States)
  • Sharp Solar (Japan)
  • First Solar (United States)
  • Trina Solar (China)
  • Kyocera solar (United States)
  • RenewSys solar (India)
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Feb 2024 230 Pages 52 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Solar Panels Market are by type [Monocrystalline, Polycrystalline, Passivated Emitter and Rear Contact cells (PERC) and Thin-film], by end use application [Household, Commercial and Industrial].
The Solar Panels Market is gaining popularity and expected to see strong valuation by 2030.
  • Rising Demand for Solar Panels and Geysers
  • Growing Demand for Renewable Energy Sources

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