Global Solar Panel Industry Size, Growth, Analysis And Forecast of 2025

Global Solar Panel industry valued approximately USD 40 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11.35% over the forecast period 2017-2025. The significant growth is expected on the account of increasing government initiatives globally along with rapid technological innovations in the field of solar energy generation. However, high cost of manufacturing and implementation is anticipated to restrict the market growth over the forecast period.
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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Type:
Monocrystalline
Polycrystalline
Thin-film

Application:
Residential
Commercial
Power Plants
Off Grid

Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are Acciona Energy, Wuxi Suntech Power, Bright Source Energy Inc. Ltd., Esolar Inc., Gintech Energy Corp., Kaneka Group, Sunpower Corporation, Canadian Solar Inc., Tata Power Solar. These companies are investing in intelligent solar panel for more energy generation. Acquisitions, effective mergers, agreements and contracts with the governments are some of the strategies adopted by the key manufacturers.

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Target Audience of the Solar Panel Market Study

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors

Please note that owing to the criticality of the Solar Panel market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.

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