Solar Panel Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type, By Connection type, By Application, Building-Integrated Photovoltaics, Portable and Consumer Electronics, Solar Lighting & Specialty Applications) and By Region 2020-2031

Solar Panel Market Size, Share, Growth, Trends, and Global Industry Analysis: Size, Share, Growth, Trends, and Global Industry Analysis By Type (Crystalline Silicon Solar Panels, Thin-Film Solar Panels, Emerging/Next-Generation Panels, Others), By Connection type (On-Grid, Off-Grid), By Application (Solar Farms (Utility-Scale Projects), Building-Integrated Photovoltaics (BIPV), Portable and Consumer Electronics, Solar Lighting & Specialty Applications) and By Region 2020-2031

Report ID: 54074 | Published Date: Apr 2023 | No. of Pages: 202 | Format: Report available in PDF format Report available in Excel Format

Solar Panel Market size was valued at US$ 158.4 billion in 2024 and is projected to reach US$ 235.0 billion by 2031 at a CAGR of 5.8% from 2025-2031. The market refers to the global industry focused on the design, manufacturing, and deployment of solar panels, which are devices that convert sunlight into electricity through photovoltaic (PV) technology. These panels are composed of interconnected solar cells, typically made from silicon or other advanced materials, and are used to generate renewable energy for residential, commercial, industrial, and utility-scale applications.

The market encompasses various panel types, including monocrystalline, polycrystalline, and thin-film technologies, each offering different efficiency levels, costs, and installation flexibility. Solar panels are a core component in the global transition toward clean energy, supporting efforts to reduce carbon emissions and achieve energy independence.

The market has experienced robust growth over recent years, fuelled by declining manufacturing costs, technological advancements, and strong policy support for renewable energy worldwide. Innovations in high-efficiency cell designs, such as PERC and bifacial modules, have significantly improved panel performance and made solar power increasingly competitive with conventional energy sources. Governments and private sectors are investing heavily in solar infrastructure to meet climate targets and reduce reliance on fossil fuels. Additionally, rising awareness of environmental sustainability and the expansion of decentralized energy systems are further driving demand. As solar energy becomes a mainstream solution for power generation globally, the market is expected to remain a critical pillar in shaping a low-carbon, resilient energy future.

Facts & Figures 

  • In fact, over global installed solar PV capacity surpassed 1,200 gigawatts (GW) in 2023, making solar one of the fastest-growing sources of electricity worldwide.
  • Crystalline silicon technology accounts for over 90% of total solar panels produced globally, demonstrating its strong dominance over other types.
  • Monocrystalline solar panels can achieve commercial efficiency rates exceeding 23%, compared to around 15–17% for polycrystalline panels.
  • Bifacial solar panels can increase energy yield by 5% to 20%, owing to their ability to capture sunlight on both sides.
  • More than 35 million homes globally have rooftop solar installations, emphasizing the strong adoption at the residential level.
  • Some of the world’s largest solar farms, like Bhadla Solar Park in India, exceed 2,200 MW of capacity, showing the scale at which utility projects are being developed.

Key Developments

  • In May 2025, Huasun Energy unveiled its next-generation heterojunction (HJT) solar panels at Intersolar Europe. These new panels feature zero-busbar (0BB) technology and ultra-high bifacial designs for improved efficiency. The Kunlun Series modules offer nearly 100% bifaciality, while the Everest series provides versatile options for various installations. Additionally, a special Agri-PV module with 32% transparency was introduced to support agricultural applications, showcasing Huasun’s innovation leadership.
  • In February 2025, Micromax Informatics, India’s well-known consumer electronics brand, announced its entry into the energy sector with the launch of a solar panel manufacturing venture. The company has created a new entity called “Startup Energy” to focus on producing high-efficiency solar panels designed for residential, commercial, and industrial use. Through this initiative, Micromax Solar aims to offer affordable and scalable solar power solutions, supporting India’s growing demand for clean energy and contributing to the country’s renewable energy goals.

Solar Panel Market Segmentation

Based on the Type

  • Crystalline Silicon Solar Panels
    • Monocrystalline
    • Polycrystalline
  • Thin-Film Solar Panels
    • Cadmium Telluride (CdTe)
    • Amorphous Silicon (a-Si)
    • Copper Indium Gallium Selenide (CIGS)
  • Emerging/Next-Generation Panels
  • Others

Based on type, crystalline silicon solar panels, particularly monocrystalline variants, are anticipated to lead the Global Market. This dominance is primarily driven by their superior efficiency rates, which often exceed 20%, and their proven long-term reliability in various climates. Monocrystalline panels also require less space compared to other types, making them ideal for both residential rooftops and high-capacity commercial projects where land availability is limited. Continuous technological innovations, such as passivated emitter rear contact (PERC) cells and bifacial designs, have further enhanced their performance and appeal. Additionally, declining manufacturing costs and robust supply chains, especially in Asia-Pacific, have made crystalline silicon panels more accessible globally. As consumers and developers prioritize high-efficiency, durable, and aesthetically pleasing solutions, crystalline silicon solar panels are set to maintain their leadership position, solidifying their critical role in the transition to clean energy.

Based on the Connection Type 

  • On-Grid
  • Off-Grid

Based on connection type, on-grid solar panels are anticipated to lead the Global Market. This dominance is largely due to their widespread integration with national and regional electricity grids, allowing users to export excess energy and benefit from net metering policies. On-grid systems are particularly popular in urban and suburban areas, where reliable grid access makes them more cost-effective and practical. Governments worldwide offer strong incentives, subsidies, and favourable feed-in tariffs to encourage on-grid installations, further boosting their adoption. Additionally, these systems eliminate the need for costly battery storage, reducing upfront investment and maintenance costs. Technological advancements in smart inverters and grid integration solutions have also made on-grid setups more efficient and user-friendly. As countries focus on decarbonizing their electricity supply and enhancing grid resilience, on-grid solar panels are expected to maintain their leadership, playing a pivotal role in accelerating the global shift toward sustainable energy solutions.

Based on the Application

  • Solar Farms (Utility-Scale Projects)
  • Building-Integrated Photovoltaics (BIPV)
  • Portable and Consumer Electronics
  • Solar Lighting & Specialty Applications

Based on application, solar farms (utility-scale projects) are anticipated to lead the Global Market. This dominance is driven by the urgent global push for large-scale renewable energy generation to meet climate targets and reduce dependence on fossil fuels. Utility-scale solar farms benefit from economies of scale, significantly lowering the cost per watt and making solar power more competitive with traditional energy sources. Governments worldwide are supporting these projects through large tenders, long-term power purchase agreements (PPAs), and dedicated funding initiatives. Additionally, continuous technological advancements, such as bifacial modules and tracking systems, have improved the energy yield and operational efficiency of solar farms. Major installations across regions like Asia-Pacific, the Middle East, and North America underscore their rapid expansion. As nations continue to prioritize grid-scale clean energy solutions to ensure reliable and affordable electricity, solar farms are expected to maintain their leadership and drive the market forward.

Solar Panels Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

5.8%

Largest Market

Asia-Pacific

Fastest Growing Market

Middle East

Solar Panels Market Dynamics

Drivers

A major factor in the Global Solar Panel Market is the ongoing drop in manufacturing and installation costs. Over the last decade, the average price of solar panels has decreased by more than 80%, making solar energy more affordable and available than ever. This reduction in cost mainly comes from technological improvements, mass production efficiency, and better supply chain management. The introduction of higher-efficiency modules, like PERC and bifacial panels, has enabled more energy production from the same surface area, boosting economic feasibility. In addition, supportive government policies, subsidies, and tax incentives have lowered initial investment hurdles for both residential and commercial users. As a result, solar power has become a strong competitor to traditional fossil fuels in many markets around the world. The combination of reduced costs and strong policy support continues to lead to record installations globally, reinforcing the role of solar panels in the clean energy transition.

Restraints

One major challenge for the Global Market is intermittency and the related issues with energy storage. Solar power generation depends on weather and sunlight during the day, which leads to varying electricity output and can cause grid stability problems. Without enough storage options, excess energy produced during peak sunlight hours cannot be stored efficiently for use at night or during cloudy periods. While battery technologies like lithium-ion and new solid-state batteries are improving quickly, they remain expensive and significantly increase costs for solar projects, particularly at a utility scale. Furthermore, adding storage systems involves complicated infrastructure upgrades and regulatory changes. In developing regions with limited grid systems, these challenges are even more severe, making it harder to adopt solar widely. Finding cost-effective, scalable storage solutions is crucial for solar panels to reach their full potential as a reliable energy source in different markets.

Opportunities

A promising opportunity in the Global Market is the rise of floating solar installations, also called floatovoltaics. As land for large solar farms becomes scarcer, especially in crowded or agricultural areas, placing solar panels on water surfaces offers an appealing alternative. Floating solar systems can be set up on reservoirs, lakes, and even along coastlines. They make good use of unused spaces while avoiding land disputes. These installations also have operational advantages, like the natural cooling effects from water that improve panel efficiency and reduce evaporation. Countries such as China, Japan, and India have already led the way with large floating solar projects, demonstrating the scalability and environmental benefits of this method. As the global demand for innovative and space-saving renewable solutions grows, floating solar presents a significant opportunity for manufacturers and developers. It opens new markets and speeds up the global adoption of solar energy.

Trends

A significant trend changing the Global Market is the increasing use of bifacial solar panels. Unlike traditional monofacial panels that capture sunlight only from the front, bifacial panels generate electricity from both sides by also collecting reflected light from the ground or nearby surfaces. This design can boost overall energy generation by 5% to 20%, depending on the setup. The rise in popularity of bifacial panels comes from improvements in cell technologies, like PERC and n-type cells, which enhance light absorption and module durability. Additionally, lower costs and helpful policy incentives are encouraging project developers to choose bifacial solutions, especially for utility-scale solar farms where maximizing output is key. As global energy markets focus on efficiency and cost competitiveness, bifacial panels are likely to take on a more vital role. This trend indicates a move toward smarter, more effective solar technologies, further solidifying solar energy’s position as a key part of the future energy mix.

Solar Panels Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 158.4 billion

Market Size in 2031

US$ 235.0 billion

Market CAGR

5.8%

By Type

  • Crystalline Silicon Solar Panels
    • Monocrystalline
    • Polycrystalline
  • Thin-Film Solar Panels
    • Cadmium Telluride (CdTe)
    • Amorphous Silicon (a-Si)
    • Copper Indium Gallium Selenide (CIGS)
  • Emerging/Next-Generation Panels
  • Others

By Connection Type

  • On-Grid
  • Off-Grid

By Application

  • Solar Farms (Utility-Scale Projects)
  • Building-Integrated Photovoltaics (BIPV)
  • Portable and Consumer Electronics
  • Solar Lighting & Specialty Applications

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Analyst Review

According to PBI Analyst, the global solar panel market is witnessing remarkable growth as countries and industries intensify efforts to transition toward clean, renewable energy sources. Driven by declining production costs, rising efficiencies, and strong policy support worldwide, solar panels have become one of the most accessible and cost-competitive solutions for power generation. Technological innovations, such as bifacial and advanced thin-film panels, are further enhancing performance and opening new application possibilities in both large-scale and distributed systems.

Growing demand from residential, commercial, and especially utility-scale projects underscores the market’s broad appeal and strategic importance. As global climate commitments strengthen and energy security becomes a top priority, the market is poised to remain a key pillar of the sustainable energy landscape, offering immense potential for continued expansion and technological advancement.

Key Features of the Report

  • The Solar Panel Market report provides granular level information about the Market size, regional Market share, historic Market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

Solar Panel Market size was valued at US$ 158.4 billion in 2024 and is projected to reach US$ 235.0 billion by 2031 at a CAGR of 5.8% from 2025-2031.

Solar panels are devices that convert sunlight into electricity using photovoltaic (PV) cells. When sunlight hits these cells, it generates an electric current that can be used to power homes, businesses, and industrial facilities.

Crystalline silicon solar panels, especially monocrystalline types, are expected to lead the market due to their high efficiency, reliability, and widespread adoption globally.

Solar panels are used in utility-scale solar farms, residential and commercial rooftops, building-integrated photovoltaics (BIPV), portable electronics, and solar lighting systems.

Key challenges include intermittency of solar power, high initial installation costs in some regions, supply chain constraints, and the need for efficient energy storage solutions.

Asia-Pacific is anticipated to hold the largest share of the global market, driven by massive manufacturing capabilities, strong policy support, and large-scale solar deployment in countries like China and India.

Market research is segmented based on type, connection type, application and region.

Content Updated Date: Jul 2025

1.Executive Summary
2.Global Solar Panels Market Introduction 
2.1.Global Solar Panels Market  - Taxonomy
2.2.Global Solar Panels Market  - Definitions
2.2.1.By Type 
2.2.2. By Connection Type 
2.2.3. By Application
2.2.4.Region
3.Global Solar Panels Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Solar Panels Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Solar Panels Market  By By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Crystalline Silicon Solar Panels
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Thin-Film Solar Panels
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Emerging/Next-Generation Panels
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Others
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Solar Panels Market  By  By Connection Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. On-Grid
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Off-Grid
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Solar Panels Market  By  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Solar Farms (Utility-Scale Projects)
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Building-Integrated Photovoltaics (BIPV)
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Portable and Consumer Electronics
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Solar Lighting & Specialty Applications
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Solar Panels Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Solar Panels Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. By Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Crystalline Silicon Solar Panels
9.1.2.Thin-Film Solar Panels
9.1.3.Emerging/Next-Generation Panels
9.1.4.Others
9.2.   By Connection Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.On-Grid
9.2.2.Off-Grid
9.3.   By Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Solar Farms (Utility-Scale Projects)
9.3.2.Building-Integrated Photovoltaics (BIPV)
9.3.3.Portable and Consumer Electronics
9.3.4.Solar Lighting & Specialty Applications
9.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Solar Panels Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. By Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Crystalline Silicon Solar Panels
10.1.2.Thin-Film Solar Panels
10.1.3.Emerging/Next-Generation Panels
10.1.4.Others
10.2.   By Connection Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.On-Grid
10.2.2.Off-Grid
10.3.   By Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Solar Farms (Utility-Scale Projects)
10.3.2.Building-Integrated Photovoltaics (BIPV)
10.3.3.Portable and Consumer Electronics
10.3.4.Solar Lighting & Specialty Applications
10.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Solar Panels Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. By Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Crystalline Silicon Solar Panels
11.1.2.Thin-Film Solar Panels
11.1.3.Emerging/Next-Generation Panels
11.1.4.Others
11.2.   By Connection Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.On-Grid
11.2.2.Off-Grid
11.3.   By Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Solar Farms (Utility-Scale Projects)
11.3.2.Building-Integrated Photovoltaics (BIPV)
11.3.3.Portable and Consumer Electronics
11.3.4.Solar Lighting & Specialty Applications
11.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Solar Panels Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. By Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Crystalline Silicon Solar Panels
12.1.2.Thin-Film Solar Panels
12.1.3.Emerging/Next-Generation Panels
12.1.4.Others
12.2.   By Connection Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.On-Grid
12.2.2.Off-Grid
12.3.   By Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Solar Farms (Utility-Scale Projects)
12.3.2.Building-Integrated Photovoltaics (BIPV)
12.3.3.Portable and Consumer Electronics
12.3.4.Solar Lighting & Specialty Applications
12.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Solar Panels Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. By Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Crystalline Silicon Solar Panels
13.1.2.Thin-Film Solar Panels
13.1.3.Emerging/Next-Generation Panels
13.1.4.Others
13.2.   By Connection Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.On-Grid
13.2.2.Off-Grid
13.3.   By Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Solar Farms (Utility-Scale Projects)
13.3.2.Building-Integrated Photovoltaics (BIPV)
13.3.3.Portable and Consumer Electronics
13.3.4.Solar Lighting & Specialty Applications
13.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.JinkoSolar
14.2.2.JA Solar
14.2.3.LONGi Green Energy
14.2.4.Trina Solar
14.2.5.Canadian Solar
14.2.6.Tongwei Solar
14.2.7.Astronergy (CHINT)
14.2.8.TCL Zhonghuan
14.2.9.First Solar
14.2.10.Hanwha Q CELLS
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • JinkoSolar
  • JA Solar
  • LONGi Green Energy
  • Trina Solar
  • Canadian Solar
  • Tongwei Solar
  • Astronergy (CHINT)
  • TCL Zhonghuan
  • First Solar
  • Hanwha Q CELLS

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