Solar Panels Market Market Set to Exceed USD 90.23 Billion by 2026 | CAGR: 12.4%
Forecast to 2020
Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
“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” 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. AsiaPacific is expected to be the leading contributor to the global market revenue in 2017. The increase in the adoption of renewable energy sources, significant investments in environmental protection, coupled with government initiatives aimed at increasing the adoption of solar panels majorly drives the market growth. Increasing demand for sustainable energy solutions and government efforts in the form of incentives and schemes boost the market growth. Growing concerns regarding environmental pollution caused by use of fossil fuels and their limited availability further support the market growth. New emerging markets, and declining costs of photovoltaic materials would provide growth opportunities in the market in the coming years. Browse Detailed Research Report On Solar Panels Market Analysis: https://www.polarismarketresearch.com/industry-analysis/solar-panels-market Asia-Pacific generated the highest market share in terms of revenue in 2017, and is expected to lead the global market throughout the forecast period. The growing urbanization, and depleting traditional energy sources has accelerated the market growth in the region. A significant rise in the initiatives taken by governments of China, India, and Japan to promote the use of solar technology to reduce carbon footprint supports the market growth in the region. Incentives provided by the governments to the commercial sector industries using solar technology has resulted in high demand of solar panels in the region. Regions such as North America and Europe export solar cells from Asia-Pacific, thereby supporting the market growth in the region. Increasing awareness regarding use of renewable sources and green technologies augments the market growth in the region. Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. In June 2017, Heraeus Photovoltaics, a major player in the solar energy market, partnered with Solar Space, a China-2-
Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
based multicrystalline solar cell producer for technological advancement and development of innovative solar panels. In September 2017, Heraeus Photovoltaics, entered into a partnership agreement with JinkoSolar Holding Co., Ltd. Through this partnership, the companies plan to develop advanced solar panels offering higher efficiency and lower costs.
The well-known companies profiled in the Solar Panels market report include 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. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Request for sample: https://www.polarismarketresearch.com/industry-analysis/solarpanels-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology -3-
Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
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1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders Executive Summary 2.1. Market Definition 2.2. Market Segmentation Solar Panels Market Insights 3.1. Solar Panels – Industry snapshot 3.2. Solar Panels - Ecosystem analysis 3.3. Solar Panels Market Dynamics 3.4. Solar Panels – Market Forces 3.4.1. Solar Panels Market Driver Analysis 3.4.2. Solar Panels Market Restraint/Challenges analysis 3.4.3. Solar Panels Market Opportunity Analysis 3.5. Industry analysis - Porter's five force 3.5.1. Bargaining power of supplier 3.5.2. Bargaining power of buyer 3.5.3. Threat of substitute 3.5.4. Threat of new entrant 3.5.5. Degree of competition 3.6. Solar Panels Market PEST Analysis 3.7. Solar Panels Market Value Chain Analysis 3.8. Solar Panels Industry Trends 3.9. Competitive Ranking Analysis, 2017 Solar Panels Market Size and Forecast, 2018-2026 by Type 4.1. Key Findings 4.2. Monocrystalline Solar Panels 4.3. Polycrystalline Solar Panels 4.4. Thin-Film Solar Panels Solar Panels Market Size and Forecast, 2018-2026 by End-User 5.1. Key Findings 5.2. Residential 5.3. Commercial 5.4. Utility 5.5. Others Solar Panels Market Size and Forecast, 2018-2026 by Region 6.1. Key Findings 6.2. North America 6.2.1. U.S. 6.2.2. Canada 6.3. Europe 6.3.1. Germany -4-
Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
6.3.2. UK 6.3.3. France 6.3.4. Italy 6.3.5. Spain 6.3.6. Belgium 6.3.7. Russia 6.3.8. Netherlands 6.3.9. Rest of Europe 6.4. Asia-Pacific 6.4.1. China 6.4.2. India 6.4.3. Japan 6.4.4. Korea 6.4.5. Singapore 6.4.6. Malaysia 6.4.7. Indonesia 6.4.8. Thailand 6.4.9. Philippines 6.4.10. Rest of Asia-Pacific 6.5. Latin America 6.5.1. Brazil 6.5.2. Mexico 6.5.3. Argentina 6.5.4. Rest of LATAM 6.6. Middle East & Africa 6.6.1. UAE 6.6.2. Saudi Arabia 6.6.3. South Africa 6.6.4. Rest of MEA 7. Company Profiles 7.1. Yingli Green Energy Holding 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Suntech Power Holdings 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. SunPower Corporation 7.3.1. Overview 7.3.2. Financials -5-
Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. Panasonic Solar Panels 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Hanwha Q CELLS 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. Jinko Solar 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. Canadian Solar 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. Trina Solar 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. First Solar 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Bosch Solar Energy 7.10.1. Overview 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments Access Press Release on Solar Panels Market: https://www.polarismarketresearch.com/press-releases/global-solar-panels-market About Polaris Market Research
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Solar Panels Market Size is Estimated to reach $90.23 Billion by 2026
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver valueadded business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com/
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