Uploaded on Oct 6, 2021
The global solar panels market size is anticipated to reach USD 90.23 billion by 2026 growing at a CAGR of 12.4% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Solar Panels Market Size, Share, Trends, & Industry Analysis Report By Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-Film Solar Panels); By End-User (Residential, Commercial, Utility, Others), By Regions: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects. In 2017, the commercial segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.
Solar Panels Market
Solar Panels Market
Set to Reach $90.23 Billion by 2026 | CAGR: 12.4%
Solar Panels Market Size, Share, Trends, & Industry Analysis Report By
Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-
Film Solar Panels); By End-User (Residential, Commercial, Utility,
Others), By Regions: Segment Forecast, 2018 - 2026
Solar Panels Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global Solar Panels Market
is growing at a faster pace and is projected to reach $90.23 Billion by 2026 registering a
significant CAGR of 12.4% during the forecast period 2018 to 2026
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Solar Panels market.
An extensive research report on the Solar Panels market sheds light on the micro and macro
aspects of the industry. The report presents in-depth insights into the market using the
assessment of Porter’s Five Forces model and SWOT analysis. The vital information featured
in the report will help industry leaders in their decision-making process and businesses to
devise their future strategies.
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Solar Panels Market Scope
By Type By End User By Region
• Monocrystalline Solar Panels • Residential • North America (U.S., Canada)
• Polycrystalline Solar Panels • Commercial • Europe (Germany, UK, France, Italy, Spain,
• Thin-Film Solar Panels • Utility Belgium, Russia, Netherlands, Rest of
• Others Europe)
• Asia Pacific (China, India, Japan, Korea,
Singapore, Malaysia, Indonesia, Thailand,
Philippines, Rest of APAC)
• Latin America (Brazil, Mexico, Argentina,
Rest of LATAM)
• Middle East & Africa (UAE, Saudi Arabia,
South Africa, Rest of MEA)
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Solar Panels Market Estimate & Forecast
The report includes detailed coverage of the Solar Panels market based on Type, End-User
and Geographic Region. The report also sheds light on the fastest-growing segments of
the market and gives future projections for the same keeping in mind the emerging trends
and patterns. The authentic data provided in the research report will act as a major input for
market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Solar
Panels market wherein our expert research analysts provide an insight into profiles of all the
prominent players along with a special focus on recent developments and major innovations
influencing the target market. The competitive outlook section also discusses major
development strategies, market share value, and industry ranking analysis for the below-
mentioned players. Leading players present in the Solar Panels market are International
Yingli Green Energy Holding, Suntech Power Holdings, SunPower Corporation,
Panasonic Solar Panels, Hanwha Q CELLS, Jinko Solar, Canadian Solar, Trina Solar,
First Solar, and Bosch Solar Energy among others
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Solar Panels Market Size
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specializes in providing exceptional market intelligence and in-depth business research
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