Global Solar Panel Market Size & Trends Shows a Rapid Growth by 2027


Posted August 19, 2021 by danishahmed

Asia-Pacific rooftop Global Solar Panel Market is anticipated to grow at a CAGR of around 8.4% during the forecast period (2021-2027).
 
Asia-Pacific rooftop Global Solar Panel Market is anticipated to grow at a CAGR of around 8.4% during the forecast period (2021-2027). Increasing awareness about environmental concerns such as carbon emissions, global warming, and air pollution due to the extensive use of fossil fuels to generate energy at various verticals is one of the major factors that contribute to the market growth. A growing trend towards green energy resources has also influenced the growth within the region at an extensive level. Partnerships with other countries have also played a vital role in the growing installations within the region.


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The US GLOBAL Solar Panel Market is estimated to grow modestly at a CAGR of around 15.0% during the forecast period. The US is among the top countries in the world in electricity generated by the Sun and several of the world's largest utility-scale installations are located in the desert Southwest. The US contributes significantly in the growth of Global Solar Panel Market in North America. As a result of the domestic manufacturing and advancing technology, solar panel has become one of the most affordable means of sources of electricity in the U.S. in the current scenario. Solar energy as a power source has also become one of the leading choices for new generation by the utilities.


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Global Solar Panel Market – Segmentation

Market Segmentation
US Global Solar Panel Market by Technology
 Mono crystalline Solar Panel
 Poly crystalline Solar Panel
 Thin-Film Crystalline Solar Panel
 Other Solar Panels

US Global Solar Panel Market by End-User
 Household Sector
 Corporate Sector

Company Profiles

 Canadian Solar, Inc.
 First Solar, Inc.
 Hanwha Solar One Co. Ltd.
 Kyocera Corp.
 Sharp Corp.
 Solo Power Systems, Inc.
 Sun Edison, Inc.
 Sun Power Corp.
 Trina Solar Energy Co., Ltd.
 Wuxi Sun tech Power Co., Ltd.

Global Solar Panel Market – Segmentation by Region

North America

• United States
• Canada


Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe


Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific


Rest of the World

• Middle East & Africa
• Latin America


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Last Updated August 19, 2021