Solar Photovoltaic Panels Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Photovoltaic (PV) are specially developed panel that aid in conversion of solar energy into electric energy through its solar cells. The solar panel system have extensive scope of application across residential, commercial and industrial end-users for generating cleaner energy from renewable source. The panel system can be easily deployed across infrastructure rooftops, mounted over walls or installed on stationary or mobile platforms. Furthermore, the advancement in technology has contributed significantly in development of superior solar PV panels that boats of advanced energy efficiency capabilities.

MARKET DYNAMICS

Factors such as growing emphasis towards utilization of cleaner energy and subsequently lowering carbon footprint has profound influence over the growth of the solar PV market. Moreover, attractive government subsidies and incentives for pushing the growth of the solar PV and other renewable sources of energy is also anticipated to propel the growth of the market during the forecast period. Thus, the market is projected to offer numerous profitable business opportunities for the market players operating in the solar PV market.

MARKET SCOPE

The "Global Solar Photovoltaic (PV) Panel Market Analysis to 2031" is a specialized and in-depth study of the construction & manufacturing industry with a special focus on the global market trend analysis. The report aims to provide an overview of solar photovoltaic (PV) panel market with detailed market segmentation by gird type, technology, end-user and geography. The global solar photovoltaic (PV) panel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar photovoltaic (PV) panel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global solar photovoltaic (PV) panel market is segmented on the basis of grid type, technology, and end-user. Based on grid type, the market is segmented into grid-connected solar PV and off-grid solar PV. Further, by technology the market is broadly divided into thin film solar PV, crystalline silicon solar PV, organic PV, and concentrated PV. Whereas, based on end-user the market is classified into residential solar PV, commercial solar PV, government solar PV, and utility-scale solar PV based end-users.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global solar photovoltaic (PV) panel market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The solar photovoltaic (PV) panel market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting solar photovoltaic (PV) panel market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the solar photovoltaic (PV) panel market in these regions.

MARKET PLAYERS

The reports cover key developments in the solar photovoltaic (PV) panel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from solar photovoltaic (PV) panel market are anticipated to lucrative growth opportunities in the future with the rising demand for renewable energy in the global market. Below mentioned is the list of few companies engaged in the solar photovoltaic (PV) panel market.

The report also includes the profiles of key solar photovoltaic (PV) panel companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Canadian Solar Inc.
•  First Solar
•  JA SOLAR Co., Ltd.
•  Mitsubishi Electric, Inc.
•  Renesola
•  Risen Energy Co., ltd
•  SunPower Corporation.
•  Trina Solar
•  Winaico
•  Yingli Solar

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Solar Photovoltaic (PV) Panels Report Scope