The analysts forecast the global solar panel market to exhibit a CAGR of 11.23% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global solar panel for 2019-2024. To calculate the market size, the report considers the solar panel sales volume and revenue.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.

Geographically, the global solar panel market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.

  • North America (U.S., Canada, Mexico, etc.)
  • Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
  • South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)



On the basis of product, the global solar panel market is segmented into:

  • Monocrystalline Solar Panel
  • Polycrystalline Solar Panel
  • Thin Film Solar Panel



Based on application, the solar panel market is segmented into:

  • Residential
  • Commercial
  • Industrial
  • Utilities



The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global solar panel market are:

  • Canadian Solar Inc.
  • First Solar, Inc.
  • JinkoSolar Holding Co., Ltd.
  • Foxconn Technology Group (Sharp Corporation)
  • Suntech Power Holdings Co., Ltd.
  • Trina Solar Co., Ltd.
  • Yingli Green Energy Holding Company Limited
  • JA Solar Holdings Co., Ltd.
  • Motech Industries Inc.
  • Renesola Ltd.
  • Hanwha Q Cells Co., Ltd.
  • Panasonic Corporation
  • request free sample to get a complete list of companies



Objective of the study:

  • To analyze and forecast the market size of global solar panel market.
  • To classify and forecast global solar panel market based on region, product, and application.
  • To identify drivers and challenges for global solar panel market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in global solar panel market.
  • To conduct pricing analysis for global solar panel market.
  • To identify and analyze the profile of leading players operating in global solar panel market.



The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

  • Manufacturers of solar panel
  • Raw material suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to solar panel



The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with solar panel suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.