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Solar Panel Market Size, Share, Trends, Analysis and Forecast 2021-26

09-10-2021 06:27 AM CET | Energy & Environment

Press release from: IMARC Services Private Limited

Solar Panel Market Size, Share, Trends, Analysis and Forecast

According to IMARC Group’s latest report, titled “Solar Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global solar panel market reached a volume of 178.3 GW in 2020. A solar panel is a collection of solar (or photovoltaic) cells that use natural sunlight to generate electricity. It is primarily manufactured by using boron, silicon, and phosphorus, which are arranged in a grid-like pattern on the surface. The utilization of solar panels has increased substantially as their installation assists in combating the harmful emissions of greenhouse gases.

Request for a PDF sample of this report: https://www.imarcgroup.com/solar-panel-market/requestsample

Solar panels offer renewable power sources and assist in minimizing the amount of electricity produced from fossil fuels. Owing to this, governments in several emerging nations are providing tax relaxations and introducing various awareness campaigns to promote their installation. Besides this, several key manufacturers are launching ultrathin solar panels, which are lighter and more flexible than the glass-based variants. These ultrathin variants are also superior to conventional solar panels in terms of efficiency and cost-effectiveness. Additionally, continuous innovations in the field of quantum physics and nanotechnology to increase solar panels' effectiveness are projected to further propel the market growth in the coming years. Looking forward, IMARC Group expects the global solar panel market to exhibit strong growth during the next five years.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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

Market Segmentation:

Breakup by Type:
• Crystal Silicon
• Monocrystalline Silicon
• Polycrystalline Silicon
• Thin Film
• Others

Breakup by End Use:
• Commercial
• Residential
• Industrial

Regional Insights:
• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/solar-panel-market

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Screw Compressor Market: https://www.imarcgroup.com/screw-compressor-market
High Voltage MOSFET Market: https://www.imarcgroup.com/high-voltage-mosfet-market
Subsea Pumps Market: https://www.imarcgroup.com/subsea-pumps-market
Busbar Market: https://www.imarcgroup.com/busbar-market
Green Mining Market: https://www.imarcgroup.com/green-mining-market
Hybrid Power Solutions Market: https://www.imarcgroup.com/hybrid-power-solutions-market
Oil Storage Market: https://www.imarcgroup.com/oil-storage-market
Concentrated Solar Power Market: https://www.imarcgroup.com/concentrated-solar-power-market
Well Intervention Market: https://www.imarcgroup.com/well-intervention-market
Air Electrode Battery Market: https://www.imarcgroup.com/air-electrode-battery-market

Contact US:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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