Global and United States Solar Panel Market

Global and United States Solar Panel Market Report & Forecast 2024-2030

Global and United States Solar Panel Market

Global and United States Solar Panel Market Report & Forecast 2024-2030

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The research time span covered by the report is from 2019 to 2030; it provides an overview of the Global Solar Panel Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Solar Panel market size in 2023 is 152100.0 million US dollars, and it is expected to be 264070.6 million US dollars by 2030, with a compound annual growth rate of 8.20% expected in 2024-2030.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Solar Panel market include Jinko Solar (China), JA Solar (China), Trina Solar (China), LONGi Solar (China), and Canadian Solar (Canada). The share of the top 3 players in the Solar Panel market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Solar Panel market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Thin Film accounted for XX% of Solar Panel market in 2023. Crystalline Silicon share of XX%.

Residential accounted for XX% of the Solar Panel market in 2023. Commercial accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:

COVID-19

The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1: Introduces the product overview, market scope, study objectives, and industry dynamic analysis, and then includes the global impact of the coronavirus disease (COVID-19).

Chapter 2: Analysis of the competitive environment of Solar Panel market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.

Chapters 3-6: Segmented the global Solar Panel market by type, application and region. Analyze the revenue of market segments from different perspectives.

Chapter 7: Analyzes the main companies in the Solar Panel industry, including their main businesses, products/services, sales, revenue, gross margin, and the latest developments.

Chapter 8: Analyzes the Solar Panel industry chain, including raw material analysis, sales and marketing, distributors and major downstream buyers.

Chapter 9: The main points and conclusions of the report.

Chapter 10: Concludes with an explanation of the data sources and research methods.

Highlights-Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Argentina

Mexico

MEA

Saudi Arabia

UAE

Turkey

Player list

Jinko Solar (China)

JA Solar (China)

Trina Solar (China)

LONGi Solar (China)

Canadian Solar (Canada)

SunPower Corporation (U.S.)

First Solar (U.S.)

Hanwha Q-CELLS (South Korea)

Risen Energy (China)

Talesun (China)

Types list

Thin Film

Crystalline Silicon

Other Technologies

Application list

Residential

Commercial

Industrial

Table of Content

1 Study Coverage

1.1 Solar Panel Product Introduction

1.2 Global Solar Panel Outlook 2019 VS 2024 VS 2030

1.3 United States Solar Panel Outlook 2019 VS 2024 VS 2030

1.4 Solar Panel Market Size, United States VS Global, 2019-2030

1.4.1 The Market Share of United States Solar Panel in Global, 2019-2030

1.4.2 The Growth Rate of Solar Panel Market Size, United States VS Global, 2019 VS 2024 VS 2030

1.5 Solar Panel Market Dynamics

1.5.1 Solar Panel Market Trends

1.5.2 Solar Panel Market Drivers

1.5.3 Solar Panel Market Challenges

1.5.4 Solar Panel Market Restraints

1.6 Study Objectives

1.7 Years Considered

1.8 Coronavirus Disease (COVID-19) Impact on Global

2 Global Solar Panel Competitor Landscape by Company

2.1 Global Solar Panel Market Size by Company

2.1.1 Top Global Solar Panel Player Ranked by Revenue (2024)

2.1.2 Global Solar Panel Revenue by Player (2019-2024)

2.2 Global Solar Panel Concentration Ratio (CR)

2.2.1 Solar Panel Market Concentration Ratio (CR) (2019-2024)

2.2.2 Global Top 3 and Top 6 Largest Players of Solar Panel in 2024

2.3 Global Solar Panel Business Distribution, Business Type

2.3.1 Global Solar Panel Players, Headquarters and Distribution

2.3.2 Players Solar Panel Business Type

2.3.3 Date of International Players Enter into Solar Panel Market

2.4 Players Mergers & Acquisitions, Expansion Plans

2.5 United States Solar Panel Market Size by Company

2.5.1 Top United States Solar Panel Player s Ranked by Revenue (2024)

2.5.2 United States Solar Panel Revenue by Player (2019-2024)

3 Solar Panel Market Segment by Type

3.1 Solar Panel Market Segment by Type

3.2 Global Solar Panel Market Size by Type

3.3 United States Solar Panel Market Size by Type

4 Solar Panel Market Segment by Application

4.1 Solar Panel Market Segment by Application

4.2 Global Solar Panel Market Size by Application

4.3 United States Solar Panel Market Size by Application

5 Global Solar Panel Market Size by Region

5.1 Global Solar Panel Market Size by Region: 2019 VS 2024 VS 2030

5.2 Global Solar Panel Market Size in Value by Region (2019-2030)

5.2.1 Global Solar Panel Revenue by Region: 2019-2024

5.2.2 Global Solar Panel Revenue by Region: 2024-2030

5.3 Global Solar Panel Market Size in Volume by Region (2019-2030)

5.3.1 Global Solar Panel Volume by Region: 2019-2024

5.3.2 Global Solar Panel Volume by Region: 2024-2030

6 Segment in Regional Level & Country Level

6.1 North America

6.1.1 North America Solar Panel Market Size YoY Growth 2019-2030

6.1.2 North America Solar Panel Market Facts & Figures by Country (2019-2030)

6.1.3 U.S.

6.1.4 Canada

6.2 Asia Pacific

6.2.1 Asia Pacific Solar Panel Market Size YoY Growth 2019-2030

6.2.2 Asia Pacific Solar Panel Market Facts & Figures by Country (2019-2030)

6.2.3 China

6.2.4 Japan

6.2.5 South Korea

6.2.6 India

6.2.7 Australia

6.2.8 Southeast Asia

6.3 Europe

6.3.1 Europe Solar Panel Market Size YoY Growth 2019-2030

6.3.2 Europe Solar Panel Market Facts & Figures by Country (2019-2030)

6.3.3 Germany

6.3.4 France

6.3.5 UK

6.3.6 Italy

6.3.7 Russia

6.4 Latin America

6.4.1 Latin America Solar Panel Market Size YoY Growth 2019-2030

6.4.2 Latin America Solar Panel Market Facts & Figures by Country (2019-2030)

6.4.3 Mexico

6.4.4 Brazil

6.4.5 Argentina

6.5 Middle East and Africa

6.5.1 Middle East and Africa Solar Panel Market Size YoY Growth 2019-2030

6.5.2 Middle East and Africa Solar Panel Market Facts & Figures by Country (2019-2030)

6.5.3 Turkey

6.5.4 Saudi Arabia

6.5.5 UAE

7 Company Profiles

7.1 Jinko Solar (China)

7.1.1 Jinko Solar (China) Company Details

7.1.2 Description and Business Overview

7.1.3 Solar Panel Introduction

7.1.4 Jinko Solar (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.1.5 Jinko Solar (China) Recent Development

7.2 JA Solar (China)

7.2.1 JA Solar (China) Company Details

7.2.2 Description and Business Overview

7.2.3 Solar Panel Introduction

7.2.4 JA Solar (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.2.5 JA Solar (China) Recent Development

7.3 Trina Solar (China)

7.3.1 Trina Solar (China) Company Details

7.3.2 Description and Business Overview

7.3.3 Solar Panel Introduction

7.3.4 Trina Solar (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.3.5 Trina Solar (China) Recent Development

7.4 LONGi Solar (China)

7.4.1 LONGi Solar (China) Company Details

7.4.2 Description and Business Overview

7.4.3 Solar Panel Introduction

7.4.4 LONGi Solar (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.4.5 LONGi Solar (China) Recent Development

7.5 Canadian Solar (Canada)

7.5.1 Canadian Solar (Canada) Company Details

7.5.2 Description and Business Overview

7.5.3 Solar Panel Introduction

7.5.4 Canadian Solar (Canada) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.5.5 Canadian Solar (Canada) Recent Development

7.6 SunPower Corporation (U.S.)

7.6.1 SunPower Corporation (U.S.) Company Details

7.6.2 Description and Business Overview

7.6.3 Solar Panel Introduction

7.6.4 SunPower Corporation (U.S.) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.6.5 SunPower Corporation (U.S.) Recent Development

7.7 First Solar (U.S.)

7.7.1 First Solar (U.S.) Company Details

7.7.2 Description and Business Overview

7.7.3 Solar Panel Introduction

7.7.4 First Solar (U.S.) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.7.5 First Solar (U.S.) Recent Development

7.8 Hanwha Q-CELLS (South Korea)

7.8.1 Hanwha Q-CELLS (South Korea) Company Details

7.8.2 Description and Business Overview

7.8.3 Solar Panel Introduction

7.8.4 Hanwha Q-CELLS (South Korea) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.8.5 Hanwha Q-CELLS (South Korea) Recent Development

7.9 Risen Energy (China)

7.9.1 Risen Energy (China) Company Details

7.9.2 Description and Business Overview

7.9.3 Solar Panel Introduction

7.9.4 Risen Energy (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.9.5 Risen Energy (China) Recent Development

7.10 Talesun (China)

7.10.1 Talesun (China) Company Details

7.10.2 Description and Business Overview

7.10.3 Solar Panel Introduction

7.10.4 Talesun (China) Solar Panel Revenue, Sales, and Gross Margin (2019-2024)

7.10.5 Talesun (China) Recent Development

8 Industry Chain and Sales Channels Analysis

8.1 Solar Panel Value Chain Analysis

8.2 Solar Panel Key Raw Materials

8.2.1 Key Raw Materials

8.2.2 Distributors List

8.3 Solar Panel Production Mode & Process

8.4 Solar Panel Sales and Marketing

8.4.1 Magnetic Coupled Mixers Sales Channels

8.4.2 Magnetic Coupled Mixers Distributors

8.5 Magnetic Coupled Mixers Customers

9 Research Findings and Conclusion

10 Methodology and Data Source

10.1 A Methodology

10.1.1 Research Process

10.1.2 Market Size Estimation

10.1.3 Market Breakdown and Data Triangulation

10.2 B Data Source

10.2.1 Legal Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global and United States Solar Panel Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
How are players chosen for the research coverage of the Global and United States Solar Panel Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What are the major applications for Global and United States Solar Panel?
Global and United States Solar Panel has a wide range of applications, including and others.
How big is the Global and United States Solar Panel Market by 2030?
It is expected that the Global and United States Solar Panel Market will reach USD XX million by 2030.
What are the advantages of the Global and United States Solar Panel Market research study?
The Global and United States Solar Panel Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
How is the Global and United States Solar Panel Market's changing dynamics captured?
The Global and United States Solar Panel analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.