According to Stratistics MRC, the Global Solar Panels market is expected to grow from $XX million in 2016 to reach $XX million by 2022 with a CAGR of XX. Some of the factors propelling the market growth are raising demand for solar panels in residential rooftop applications, low prices of polysilicone and silver usage in manufacturing of solar cells. On the other hand, high costs of solar technologies and irregular weather conditions are hampering the market growth.
By technology, residential segment has acquired largest market share during the forecast period. The growth of this segment is contributed to the increasing consumption of solar panels to cover residential rooftops. North America is projected to be the leading markets in terms of market size, during the forecast period and Asia-Pacific is witnessed to be the fastest growing market. The growth of solar panels is increasing as these panels consume sun's rays and helps in generating electricity.
Some of the key players in global solar panels market include Yingli Solar, AGL Solar Energy, Photonix Solar Pvt. Ltd and Goal Zero.
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• Power Plants
• Off Grid
Product Types Covered:
• Polycrystalline Solar Panels
• Thin-film (Amorphous) Panels
• Monocrystalline Solar Panels
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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