Solar Panel Market Size, Share, Demand, Report, Forecast 2024-2032 - PowerPoint PPT Presentation

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Solar Panel Market Size, Share, Demand, Report, Forecast 2024-2032

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The global solar panel market size reached 259.7 GW in 2023. Looking forward, IMARC Group expects the market to reach 1,096.5 GW by 2032, exhibiting a growth rate (CAGR) of 16.8% during 2024-2032. – PowerPoint PPT presentation

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Title: Solar Panel Market Size, Share, Demand, Report, Forecast 2024-2032


1
Global Solar Panel Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • IMARC Group is a global management consulting
    firm that helps the worlds most ambitious
    changemakers to create a lasting impact. Across
    the six major continents and 100 countries, we
    work alongside our business partners as one team
    with a common ambition to achieve unparallelled
    results, gain a competitive edge, and transform
    industries. IMARC Group excels in understanding
    its clients business priorities and delivering
    tailored solutions that drive meaningful
    outcomes. Our client base spans over 3,000
    organizations in the private, public, and social
    sectors, ranging from high-growth startups to
    Fortune 500 companies.
  • We provide a comprehensive suite of market entry
    and expansion services. Our offerings include
    thorough market assessment, feasibility studies,
    company incorporation assistance, factory setup
    support, regulatory approvals and licensing
    navigation, branding, marketing and sales
    strategies, competitive landscape and
    benchmarking analyses, pricing and cost research,
    and procurement research. These services are
    designed to assist companies in evaluating market
    opportunities, setting up new entities,
    navigating regulatory landscapes, boosting brand
    visibility, analyzing competitors, and optimizing
    procurement strategies.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled Solar Panel Market Industry Trends,
    Share, Size, Growth, Opportunity and Forecast
    2024-2032," The global solar panel market size
    reached 259.7 GW in 2023.
  • Solar panels are active solar devices made up of
    photovoltaic or solar cells which are used to
    convert sunlight into electrical energy. They are
    installed on rooftops or surfaces with access to
    direct sunlight, require minimum to no
    maintenance and have a service life of twenty
    years or more. Their installation can
    significantly reduce dependence on conventional
    sources of electricity and help to minimize the
    carbon footprint. As a result, they are widely
    being utilized to generate electricity across the
    residential, commercial and industrial sectors
    across the globe.
  • Looking forward, IMARC Group expects the market
    to reach 1,096.5 GW by 2032, exhibiting a growth
    rate (CAGR) of 16.8 during 2024-2032.
  • Request for a PDF sample of this report
  • https//www.imarcgroup.com/solar-panel-market/requ
    estsample

4
Report Description
  • Global Solar Panel Market Trends
  • The increasing demand for renewable power sources
    is the key factor driving the growth of the
    market. Renewable power sources like solar and
    wind energy do not cause pollution and are
    abundantly available in nature. Rising
    environmental concerns have also created demand
    for alternate energy sources that do not
    contribute to greenhouse gas emissions. In line
    with this, governments of various nations are
    encouraging the usage of solar panels by offering
    incentives for solar energy projects and
    spreading awareness among consumers through
    several programs and campaigns. For instance, the
    Ministry of New and Renewable Energy (MNRE) of
    the Government of India is promoting the
    installation of solar PV systems in the country
    under the Jawaharlal Nehru National Solar
    Mission.
  • Furthermore, technological advancements in the
    industry have led to the development of ultrathin
    solar panels that are relatively more flexible,
    efficient and cost-effective as compared to the
    glass-based panels. Significant fall in the
    prices of silver and polysilicon, along with
    rising energy costs, are some of the other
    factors that are positively influencing the
    growth of the market.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/solar-panel-market

5
Report Segmentation
  • Breakup by Type
  • Crystal Silicon
  • Monocrystalline Silicon
  • Polycrystalline Silicon
  • Thin Film
  • Others
  • Breakup by End Use
  • Commercial
  • Residential
  • Industrial

6
Report Segmentation
  • Breakup by Region
  • Asia Pacific
  • North America
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape
  • Jinko Solar
  • Trina Solar
  • Canadian Solar
  • JA Solar
  • Hanwha Q-CELLS
  • GCL-SI
  • LONGi Solar
  • Risen Energy
  • Shunfeng
  • Yingli Green

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
1 Preface 2 Scope and Methodology 2.1
Objectives of the study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Solar Panel Industry 5.1 Market
Overview 5.2 Market Performance
5.2.1 Volume Trends 5.2.2 Value Trends
5.3 Impact of COVID-19 5.4 Price
Trends 5.5 Market Breakup by Type 5.6
Market Breakup by Region 5.7 Market
Breakup by End Use 5.8 Market Forecast
5.9 SWOT Analysis 5.9.1 Strengths
5.9.2 Weaknesses 5.9.3 Opportunities
5.9.4 Threats 5.10 Value Chain
Analysis
11
Table of Contents
5.11 Porters Five Forces Analysis
5.11.1 Overview 5.11.2 Bargaining Power
of Buyers 5.11.3 Bargaining Power of
Suppliers 5.11.4 Degree of Competition
5.11.5 Threat of New Entrants 5.11.6
Threat of Substitutes 5.12 Key Success
Factors and Risk Factors for Solar Panel
Manufacturers 6 Market Breakup by Type 6.1
Crystal Silicon 6.1.1 Market Trends
6.1.2 Market Forecast 6.2
Monocrystalline Silicon 6.2.1 Market
Trends 6.2.2 Market Forecast 6.3
Polycrystalline Silicon 6.3.1 Market
Trends 6.3.2 Market Forecast 6.4
Thin Film 6.4.1 Market Trends
6.4.2 Market Forecast 6.5 Others
6.5.1 Market Trends 6.5.2 Market
Forecast 7 Performance of Key Regions 7.1
Asia Pacific 7.1.1 Market Trends
7.1.2 Market Forecast 7.2 North America
7.2.1 Market Trends 7.2.2 Market
Forecast
12
Table of Contents
7.3 Europe 7.3.1 Market Trends
7.3.2 Market Forecast 7.4 Latin
America 7.4.1 Market Trends 7.4.2
Market Forecast 7.5 Middle East and
Africa 7.5.1 Market Trends 7.5.2
Market Forecast 8 Market Breakup by End Use
8.1 Commercial 8.1.1 Market Trends
8.1.2 Market Forecast 8.2 Residential
8.2.1 Market Trends 8.2.2 Market
Forecast 8.3 Industrial 8.3.1
Market Trends 8.3.2 Market Forecast 9
Competitive Landscape 9.1 Market
Structure 9.2 Capacities of Key Players 10
Solar Panel Manufacturing Process 10.1
Product Overview 10.2 Detailed Process
Flow 10.3 Various Types of Unit Operations
Involved 10.4 Mass Balance and Raw
Material Requirements 11 Project Details,
Requirements and Costs Involved 11.1 Land
Requirements and Expenditures 11.2
Construction Requirements and Expenditures
11.3 Plant Machinery 11.4 Raw Material
Requirements and Expenditures
13
Table of Contents
11.5 Packaging Requirements and
Expenditures 11.6 Transportation
Requirements and Expenditures 11.7 Utility
Requirements and Expenditures 11.8
Manpower Requirements and Expenditures 11.9
Other Capital Investments 12 Loans and
Financial Assistance 13 Project Economics
13.1 Capital Cost of the Project 13.2
Techno-Economic Parameters 13.3 Product
Pricing and Margins Across Various Levels of the
Supply Chain 13.4 Taxation and
Depreciation 13.5 Income Projections
13.6 Expenditure Projections 13.7
Financial Analysis 13.8 Profit Analysis 14
Key Player Profiles 14.1 Jinko Solar
14.2 Trina Solar 14.3 Canadian Solar
14.4 JA Solar 14.5 Hanwha Q-CELLS
14.6 GCL-SI 14.7 LONGi Solar 14.8
Risen Energy 14.9 Shunfeng 14.10
Yingli Green For more information, visit
https//www.imarcgroup.com/solar-panel-market/toc
14
Partial List of Clients
15
Partial List of Clients
16
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

17
Contact Us
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https//www.imarcgroup.com
1-631-791-1145
sales_at_imarcgroup.com
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