Lucintel's latest market report analyzed that solar PV panel provides attractive opportunities in the residential, commercial, and industrial applications. The solar PV panel market is expected to reach $XX billion by 2028 with a CAGR of 10% to 12%. In this market, Thin-film is the largest segment by technology, whereas residential is largest by application. Installation of solar panels in remote regions and government initiatives towards reducing carbon footprints provides strategic growth path in this market.
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Based on technology, the solar PV panel market is segmented into thin-film, crystalline silicon, and others. The Thin-film segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its benefits such as, strong durability, narrow design, and its build-up from flexible & lightweight materials. It has major application in commercial and utility-scale projects as these lightweight panels have reduced the overall installation costs.
Browse in-depth TOC on “Solar PV Panel Market”
XX – Tables
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150 – Pages
The Solar PV Panel Market is marked by the presence of several big and small players. Some of the prominent players offering solar PV panel include First Solar, Canadian Solar, SunPower Corporation, Jinko Solar, Hanwha Group, ReneSola, Trina Solar, JA Solar, LONGi Solar, and Sharp Corporation.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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