Solar PhotoVoltaic(PV) Panel Market - PowerPoint PPT Presentation

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Solar PhotoVoltaic(PV) Panel Market

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Solar energy is the radiant energy emitted from the sun, which is harnessed by using various solar panel technologies such as crystalline silicon, and thin film. It is an efficient form of nonconventional energy and a convenient renewable solution toward growing greenhouse emissions and global warming. Solar panels comprise solar cells that are arranged in sandwich-like structure made up of silicon material. Power (DC) generated by solar panels is then converted into AC power with the help of solar inverters, which can be used by various consumers, including residential, commercial, and industrial. – PowerPoint PPT presentation

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Title: Solar PhotoVoltaic(PV) Panel Market


1
Opportunity Analysis and Industry Forecast,
2016-20231
Solar Photovoltaic (PV) Panel Market by
Technology, Grid Type, and End Use Global
Opportunity Analysis and Industry Forecast,
2021-2030
Pages 290 Tables 215 Charts59
2
  • Top Impacting Factors
  • The solar PV panel market size was valued at
    180.4 billion in 2020, and is projected to reach
    641.1 billion by 2030, growing at a CAGR of
    11.9 from 2021 to 2030.
  • Solar panel is a device which converts sunlight
    into electrical energy and is made up of several
    semiconductor materials.
  • Solar panels are made by merging several solar
    cells in series to boost the power output
    compared to single solar cell.
  • There are various types of solar panels available
    in the market, including crystalline silicon and
    thin film.

Global Solar Photovoltaic (PV) Panel Market
Outlook (2021 2030)
Pages 290 Tables 215 Charts59
3
  • Solar panels are used in wide variety of
    applications for power generation that includes
    remote power systems, telecommunication systems,
    and other residential commercial applications.
  • Rapid growth of solar energy industry is expected
    to drive the growth of the solar PV panel market
    during the forecast period.
  • Increase in installation of solar panels in
    various applications, including power generation,
    transportation, and water heating is anticipated
    to fuel the growth of the solar PV panel market
    during the forecast period.

Global Solar Photovoltaic (PV) Panel Market
Outlook (2021 2030)
Pages 290 Tables 215 Charts59
4
  • Key Findings of The Solar Photovoltaic (PV) Panel
    Market
  • In 2020, the crystalline silicon segment
    accounted for about 86.8 of the share in the
    global solar PV panel market, and is expected to
    maintain its dominance till the end of the
    forecast period.
  • In 2020, the on-grid segment accounted for 92.5
    solar PV panel market share in the year 2020, and
    anticipated to grow at a rate of 11.8 in terms
    of revenue, increasing its share in the global
    solar photovoltaic (PV) panel market.
  • Commercial industrial is the fastest-growing
    end use segment in the global solar PV panel
    market, expected to grow at a CAGR of 12.1
    during 20212030.
  • Europe is expected to grow at the fastest rate,
    registering a CAGR of 12.2, throughout the
    forecast period.
  • In 2020, Asia-Pacific dominated the global solar
    PV panel market with more than 52.5 of the
    share, in terms of revenue.

Global Solar Photovoltaic (PV) Panel Market
Outlook (2021 2030)
Pages 290 Tables 215 Charts59
5
  • The key players profiled in the report include
  • JA Solar
  • Jinko Solar
  • Aiko Solar
  • First Solar
  • Hanwha Solutions
  • Tongwei Group Co. Ltd.
  • Shunfeng International Clean Energy Co. Ltd.
  • Trina Solar
  • Yingli Solar
  • Waaree Energies Ltd.

Global Solar Photovoltaic (PV) Panel Market
Outlook (2021 2030)
Pages 290 Tables 215 Charts59
6
Global Solar Photovoltaic (PV) Panel Market
Outlook (2021 2030)
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