A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
A (Solar Photovoltaic (PV) Panels) PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
The “Solar PV Panel Industry Forecast” looks at past sales and reviews total world Solar PV Panel sales in 2022, providing a comprehensive analysis by region and market sector of projected Solar PV Panel sales for 2023 through 2029. With Solar PV Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar PV Panel industry.
This Insight Report provides a comprehensive analysis of the global Solar PV Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar PV Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solar PV Panel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar PV Panel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar PV Panel.
The global Solar PV Panel market size is projected to grow from US$ 40910 million in 2022 to US$ 73910 million in 2029; it is expected to grow at a CAGR of 73910 from 2023 to 2029.
Asia is the largest Solar Photovoltaic (PV) Panels market with about 58% market share. Europe is follower with about 18% market share.
The key players are LONGi, JinkoSolar, JA Solar, Trina Solar, Canadian Solar, Hanwha Solutions, Risen Energy, First Solar, Chint Electrics, GCL System, SunPower, Solargiga, Shunfeng, EGing PV, Seraphim, Jinergy, LG Business Solutions, Jolywood, Tangshan Haitai, HT-SAAE, Talesun Solar, etc. The top 3 brands account for almost 40% revenue market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar PV Panel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Monocrystalline
Polycrystalline
And Thin-Film
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
JinkoSolar
Hanwha Q Cells
Canadian Solar
SunPower Corporation
Trina Solar
GCL System Integration
LONGi Solar
First Solar
Risen Energy
Talesun
JA Solar
Yingli Solar
ReneSola
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar PV Panel market?
What factors are driving Solar PV Panel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar PV Panel market opportunities vary by end market size?
How does Solar PV Panel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar PV Panel Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Solar PV Panel by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Solar PV Panel by Country/Region, 2018, 2022 & 2029
2.2 Solar PV Panel Segment by Type
2.2.1 Monocrystalline
2.2.2 Polycrystalline
2.2.3 And Thin-Film
2.3 Solar PV Panel Sales by Type
2.3.1 Global Solar PV Panel Sales Market Share by Type (2018-2023)
2.3.2 Global Solar PV Panel Revenue and Market Share by Type (2018-2023)
2.3.3 Global Solar PV Panel Sale Price by Type (2018-2023)
2.4 Solar PV Panel Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.5 Solar PV Panel Sales by Application
2.5.1 Global Solar PV Panel Sale Market Share by Application (2018-2023)
2.5.2 Global Solar PV Panel Revenue and Market Share by Application (2018-2023)
2.5.3 Global Solar PV Panel Sale Price by Application (2018-2023)
3 Global Solar PV Panel by Company
3.1 Global Solar PV Panel Breakdown Data by Company
3.1.1 Global Solar PV Panel Annual Sales by Company (2018-2023)
3.1.2 Global Solar PV Panel Sales Market Share by Company (2018-2023)
3.2 Global Solar PV Panel Annual Revenue by Company (2018-2023)
3.2.1 Global Solar PV Panel Revenue by Company (2018-2023)
3.2.2 Global Solar PV Panel Revenue Market Share by Company (2018-2023)
3.3 Global Solar PV Panel Sale Price by Company
3.4 Key Manufacturers Solar PV Panel Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar PV Panel Product Location Distribution
3.4.2 Players Solar PV Panel Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Solar PV Panel by Geographic Region
4.1 World Historic Solar PV Panel Market Size by Geographic Region (2018-2023)
4.1.1 Global Solar PV Panel Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Solar PV Panel Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Solar PV Panel Market Size by Country/Region (2018-2023)
4.2.1 Global Solar PV Panel Annual Sales by Country/Region (2018-2023)
4.2.2 Global Solar PV Panel Annual Revenue by Country/Region (2018-2023)
4.3 Americas Solar PV Panel Sales Growth
4.4 APAC Solar PV Panel Sales Growth
4.5 Europe Solar PV Panel Sales Growth
4.6 Middle East & Africa Solar PV Panel Sales Growth
5 Americas
5.1 Americas Solar PV Panel Sales by Country
5.1.1 Americas Solar PV Panel Sales by Country (2018-2023)
5.1.2 Americas Solar PV Panel Revenue by Country (2018-2023)
5.2 Americas Solar PV Panel Sales by Type
5.3 Americas Solar PV Panel Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar PV Panel Sales by Region
6.1.1 APAC Solar PV Panel Sales by Region (2018-2023)
6.1.2 APAC Solar PV Panel Revenue by Region (2018-2023)
6.2 APAC Solar PV Panel Sales by Type
6.3 APAC Solar PV Panel Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solar PV Panel by Country
7.1.1 Europe Solar PV Panel Sales by Country (2018-2023)
7.1.2 Europe Solar PV Panel Revenue by Country (2018-2023)
7.2 Europe Solar PV Panel Sales by Type
7.3 Europe Solar PV Panel Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar PV Panel by Country
8.1.1 Middle East & Africa Solar PV Panel Sales by Country (2018-2023)
8.1.2 Middle East & Africa Solar PV Panel Revenue by Country (2018-2023)
8.2 Middle East & Africa Solar PV Panel Sales by Type
8.3 Middle East & Africa Solar PV Panel Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solar PV Panel
10.3 Manufacturing Process Analysis of Solar PV Panel
10.4 Industry Chain Structure of Solar PV Panel
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar PV Panel Distributors
11.3 Solar PV Panel Customer
12 World Forecast Review for Solar PV Panel by Geographic Region
12.1 Global Solar PV Panel Market Size Forecast by Region
12.1.1 Global Solar PV Panel Forecast by Region (2024-2029)
12.1.2 Global Solar PV Panel Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Solar PV Panel Forecast by Type
12.7 Global Solar PV Panel Forecast by Application
13 Key Players Analysis
13.1 JinkoSolar
13.1.1 JinkoSolar Company Information
13.1.2 JinkoSolar Solar PV Panel Product Portfolios and Specifications
13.1.3 JinkoSolar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 JinkoSolar Main Business Overview
13.1.5 JinkoSolar Latest Developments
13.2 Hanwha Q Cells
13.2.1 Hanwha Q Cells Company Information
13.2.2 Hanwha Q Cells Solar PV Panel Product Portfolios and Specifications
13.2.3 Hanwha Q Cells Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Hanwha Q Cells Main Business Overview
13.2.5 Hanwha Q Cells Latest Developments
13.3 Canadian Solar
13.3.1 Canadian Solar Company Information
13.3.2 Canadian Solar Solar PV Panel Product Portfolios and Specifications
13.3.3 Canadian Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Canadian Solar Main Business Overview
13.3.5 Canadian Solar Latest Developments
13.4 SunPower Corporation
13.4.1 SunPower Corporation Company Information
13.4.2 SunPower Corporation Solar PV Panel Product Portfolios and Specifications
13.4.3 SunPower Corporation Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 SunPower Corporation Main Business Overview
13.4.5 SunPower Corporation Latest Developments
13.5 Trina Solar
13.5.1 Trina Solar Company Information
13.5.2 Trina Solar Solar PV Panel Product Portfolios and Specifications
13.5.3 Trina Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Trina Solar Main Business Overview
13.5.5 Trina Solar Latest Developments
13.6 GCL System Integration
13.6.1 GCL System Integration Company Information
13.6.2 GCL System Integration Solar PV Panel Product Portfolios and Specifications
13.6.3 GCL System Integration Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 GCL System Integration Main Business Overview
13.6.5 GCL System Integration Latest Developments
13.7 LONGi Solar
13.7.1 LONGi Solar Company Information
13.7.2 LONGi Solar Solar PV Panel Product Portfolios and Specifications
13.7.3 LONGi Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 LONGi Solar Main Business Overview
13.7.5 LONGi Solar Latest Developments
13.8 First Solar
13.8.1 First Solar Company Information
13.8.2 First Solar Solar PV Panel Product Portfolios and Specifications
13.8.3 First Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 First Solar Main Business Overview
13.8.5 First Solar Latest Developments
13.9 Risen Energy
13.9.1 Risen Energy Company Information
13.9.2 Risen Energy Solar PV Panel Product Portfolios and Specifications
13.9.3 Risen Energy Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Risen Energy Main Business Overview
13.9.5 Risen Energy Latest Developments
13.10 Talesun
13.10.1 Talesun Company Information
13.10.2 Talesun Solar PV Panel Product Portfolios and Specifications
13.10.3 Talesun Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Talesun Main Business Overview
13.10.5 Talesun Latest Developments
13.11 JA Solar
13.11.1 JA Solar Company Information
13.11.2 JA Solar Solar PV Panel Product Portfolios and Specifications
13.11.3 JA Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 JA Solar Main Business Overview
13.11.5 JA Solar Latest Developments
13.12 Yingli Solar
13.12.1 Yingli Solar Company Information
13.12.2 Yingli Solar Solar PV Panel Product Portfolios and Specifications
13.12.3 Yingli Solar Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 Yingli Solar Main Business Overview
13.12.5 Yingli Solar Latest Developments
13.13 ReneSola
13.13.1 ReneSola Company Information
13.13.2 ReneSola Solar PV Panel Product Portfolios and Specifications
13.13.3 ReneSola Solar PV Panel Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 ReneSola Main Business Overview
13.13.5 ReneSola Latest Developments
14 Research Findings and Conclusion
*If Applicable.