Multicrystalline Solar Panel Market 2028 BY Type, Application, Grid Type and Geography | The Insight Partners

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Energy and Power Multicrystalline Solar Panel Market

Multicrystalline Solar Panel Market to 2028 - Global Analysis and Forecasts by Type (12V, 24V, Others); Application (Residential, Commercial, Industrial, Power Utilities); Grid Type (Grid Connected, Off-Grid) and Geography

Report Code: TIPRE00029550 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET OVERVIEW
Solar panels use sunlight as a source of energy to generate direct current electricity with the help of solar panel technologies such as crystalline silicon, and thin film. It is an efficient form of nonconventional energy and a convenient renewable solution to mitigate the growing greenhouse emissions and global warming. The growth of the global solar PV panel market is primarily driven by gradual transition of energy industry from conventional to renewable sector. In addition, rise in awareness toward environmental pollution associated with pollutants from conventional power generation is projected to fuel the growth of solar photovoltaic panel market during the forecast period. In addition, government initiatives toward reducing carbon footprints and rise in investment toward renewable energy infrastructure are anticipated to provide lucrative growth opportunities for the solar photovoltaic panel market in the upcoming years.

MARKET SCOPE
The "Global Solar Panel Market Analysis to 2028"" is a specialized and in-depth study of the clean energy with a special focus on the global market trend analysis. The report aims to provide an overview of the solar panel market with detailed market segmentation by technology, application, end-use industry and geography. The report provides key statistics on the market status of the leading solar panel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  • On the basis of technology the market is segmented into crystalline silicon, thin film, and others
  • On the basis of application the market is segmented into photovoltaic and concentrated solar power
  • On the basis end-use industry, the market is segmented as residential, commercial and industrial, and utilities

MARKET DYNAMICS

Drivers 

  • Growing awareness for adopting cleaner source of energy
  • The gradual transition of energy industry from conventional to renewable sector

Restraints

  • High cost of installation of the solar panel restraints the market growth

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The solar panel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the solar panel market in these regions.


IMPACT OF COVID-19 ON SOLAR PANEL MARKET
The emergence of the COVID-19 has severely impacted the renewable industries, which resulted decline in the demand for solar panels in the year 2020. The pandemic severely impacted the solar industry in countries such as China, India, and Japan. It has been observed that the energy price has a significant and negative impact on renewable energy production, particularly in the long-run, during the pandemic period. In addition, governments across the world were compelled to reduce the business activities, halt the manufacturing units, delay in projects in response to minimize the threat of coronavirus. Owing the decline in the business activities and shutdown of production units, it has further negatively impacted solar panel industry in the short term. Furthermore, project delays and and cancellation of orders has affected the key markets for renewable industry as a whole. The government should ideally adopt a short-term policy, while mid-term and long-term action plans should be formulated, so as to achieve the renewable energy targets in the future. For instance, the Indian government had introduced the policies in its Union Budget 2022-23, to further strengthen the domestic solar manufacturing ecosystem under its Atmanirbhar Bharat vision. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the projected period.



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MARKET PLAYERS
The report covers key developments in the solar panel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in solar panel market are anticipated to get lucrative growth opportunities in the future owing supportive government regulations and policies for installation of solar panels.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the solar panel market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Renogy Solar
  • Emerald Sun Energy
  • Sharp
  • Targray
  • Bluebird Solar Private Limited.
  • Adani Group
  • Waaree Energies Ltd.
  • GMA Solar
  • TRIENERGY Schweiz AG
  • Guangzhou Anern Energy Technology Co., Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.



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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Multicrystalline Solar Panel Market - By Type
1.3.2 Multicrystalline Solar Panel Market - By Application
1.3.3 Multicrystalline Solar Panel Market - By Grid Type
1.3.4 Multicrystalline Solar Panel Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MULTICRYSTALLINE SOLAR PANEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. MULTICRYSTALLINE SOLAR PANEL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MULTICRYSTALLINE SOLAR PANEL MARKET - GLOBAL MARKET ANALYSIS
6.1. MULTICRYSTALLINE SOLAR PANEL - GLOBAL MARKET OVERVIEW
6.2. MULTICRYSTALLINE SOLAR PANEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MULTICRYSTALLINE SOLAR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. 12V
7.3.1. Overview
7.3.2. 12V Market Forecast and Analysis
7.4. 24V
7.4.1. Overview
7.4.2. 24V Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis

8. MULTICRYSTALLINE SOLAR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis
8.6. POWER UTILITIES
8.6.1. Overview
8.6.2. Power Utilities Market Forecast and Analysis

9. MULTICRYSTALLINE SOLAR PANEL MARKET - REVENUE AND FORECASTS TO 2028 - GRID TYPE
9.1. OVERVIEW
9.2. GRID TYPE MARKET FORECASTS AND ANALYSIS
9.3. GRID CONNECTED
9.3.1. Overview
9.3.2. Grid Connected Market Forecast and Analysis
9.4. OFF-GRID
9.4.1. Overview
9.4.2. Off-Grid Market Forecast and Analysis

10. MULTICRYSTALLINE SOLAR PANEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Multicrystalline Solar Panel Market Overview
10.1.2 North America Multicrystalline Solar Panel Market Forecasts and Analysis
10.1.3 North America Multicrystalline Solar Panel Market Forecasts and Analysis - By Type
10.1.4 North America Multicrystalline Solar Panel Market Forecasts and Analysis - By Application
10.1.5 North America Multicrystalline Solar Panel Market Forecasts and Analysis - By Grid Type
10.1.6 North America Multicrystalline Solar Panel Market Forecasts and Analysis - By Countries
10.1.6.1 United States Multicrystalline Solar Panel Market
10.1.6.1.1 United States Multicrystalline Solar Panel Market by Type
10.1.6.1.2 United States Multicrystalline Solar Panel Market by Application
10.1.6.1.3 United States Multicrystalline Solar Panel Market by Grid Type
10.1.6.2 Canada Multicrystalline Solar Panel Market
10.1.6.2.1 Canada Multicrystalline Solar Panel Market by Type
10.1.6.2.2 Canada Multicrystalline Solar Panel Market by Application
10.1.6.2.3 Canada Multicrystalline Solar Panel Market by Grid Type
10.1.6.3 Mexico Multicrystalline Solar Panel Market
10.1.6.3.1 Mexico Multicrystalline Solar Panel Market by Type
10.1.6.3.2 Mexico Multicrystalline Solar Panel Market by Application
10.1.6.3.3 Mexico Multicrystalline Solar Panel Market by Grid Type
10.2. EUROPE
10.2.1 Europe Multicrystalline Solar Panel Market Overview
10.2.2 Europe Multicrystalline Solar Panel Market Forecasts and Analysis
10.2.3 Europe Multicrystalline Solar Panel Market Forecasts and Analysis - By Type
10.2.4 Europe Multicrystalline Solar Panel Market Forecasts and Analysis - By Application
10.2.5 Europe Multicrystalline Solar Panel Market Forecasts and Analysis - By Grid Type
10.2.6 Europe Multicrystalline Solar Panel Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Multicrystalline Solar Panel Market
10.2.6.1.1 Germany Multicrystalline Solar Panel Market by Type
10.2.6.1.2 Germany Multicrystalline Solar Panel Market by Application
10.2.6.1.3 Germany Multicrystalline Solar Panel Market by Grid Type
10.2.6.2 France Multicrystalline Solar Panel Market
10.2.6.2.1 France Multicrystalline Solar Panel Market by Type
10.2.6.2.2 France Multicrystalline Solar Panel Market by Application
10.2.6.2.3 France Multicrystalline Solar Panel Market by Grid Type
10.2.6.3 Italy Multicrystalline Solar Panel Market
10.2.6.3.1 Italy Multicrystalline Solar Panel Market by Type
10.2.6.3.2 Italy Multicrystalline Solar Panel Market by Application
10.2.6.3.3 Italy Multicrystalline Solar Panel Market by Grid Type
10.2.6.4 United Kingdom Multicrystalline Solar Panel Market
10.2.6.4.1 United Kingdom Multicrystalline Solar Panel Market by Type
10.2.6.4.2 United Kingdom Multicrystalline Solar Panel Market by Application
10.2.6.4.3 United Kingdom Multicrystalline Solar Panel Market by Grid Type
10.2.6.5 Russia Multicrystalline Solar Panel Market
10.2.6.5.1 Russia Multicrystalline Solar Panel Market by Type
10.2.6.5.2 Russia Multicrystalline Solar Panel Market by Application
10.2.6.5.3 Russia Multicrystalline Solar Panel Market by Grid Type
10.2.6.6 Rest of Europe Multicrystalline Solar Panel Market
10.2.6.6.1 Rest of Europe Multicrystalline Solar Panel Market by Type
10.2.6.6.2 Rest of Europe Multicrystalline Solar Panel Market by Application
10.2.6.6.3 Rest of Europe Multicrystalline Solar Panel Market by Grid Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Multicrystalline Solar Panel Market Overview
10.3.2 Asia-Pacific Multicrystalline Solar Panel Market Forecasts and Analysis
10.3.3 Asia-Pacific Multicrystalline Solar Panel Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Multicrystalline Solar Panel Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Multicrystalline Solar Panel Market Forecasts and Analysis - By Grid Type
10.3.6 Asia-Pacific Multicrystalline Solar Panel Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Multicrystalline Solar Panel Market
10.3.6.1.1 Australia Multicrystalline Solar Panel Market by Type
10.3.6.1.2 Australia Multicrystalline Solar Panel Market by Application
10.3.6.1.3 Australia Multicrystalline Solar Panel Market by Grid Type
10.3.6.2 China Multicrystalline Solar Panel Market
10.3.6.2.1 China Multicrystalline Solar Panel Market by Type
10.3.6.2.2 China Multicrystalline Solar Panel Market by Application
10.3.6.2.3 China Multicrystalline Solar Panel Market by Grid Type
10.3.6.3 India Multicrystalline Solar Panel Market
10.3.6.3.1 India Multicrystalline Solar Panel Market by Type
10.3.6.3.2 India Multicrystalline Solar Panel Market by Application
10.3.6.3.3 India Multicrystalline Solar Panel Market by Grid Type
10.3.6.4 Japan Multicrystalline Solar Panel Market
10.3.6.4.1 Japan Multicrystalline Solar Panel Market by Type
10.3.6.4.2 Japan Multicrystalline Solar Panel Market by Application
10.3.6.4.3 Japan Multicrystalline Solar Panel Market by Grid Type
10.3.6.5 South Korea Multicrystalline Solar Panel Market
10.3.6.5.1 South Korea Multicrystalline Solar Panel Market by Type
10.3.6.5.2 South Korea Multicrystalline Solar Panel Market by Application
10.3.6.5.3 South Korea Multicrystalline Solar Panel Market by Grid Type
10.3.6.6 Rest of Asia-Pacific Multicrystalline Solar Panel Market
10.3.6.6.1 Rest of Asia-Pacific Multicrystalline Solar Panel Market by Type
10.3.6.6.2 Rest of Asia-Pacific Multicrystalline Solar Panel Market by Application
10.3.6.6.3 Rest of Asia-Pacific Multicrystalline Solar Panel Market by Grid Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Multicrystalline Solar Panel Market Overview
10.4.2 Middle East and Africa Multicrystalline Solar Panel Market Forecasts and Analysis
10.4.3 Middle East and Africa Multicrystalline Solar Panel Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Multicrystalline Solar Panel Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Multicrystalline Solar Panel Market Forecasts and Analysis - By Grid Type
10.4.6 Middle East and Africa Multicrystalline Solar Panel Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Multicrystalline Solar Panel Market
10.4.6.1.1 South Africa Multicrystalline Solar Panel Market by Type
10.4.6.1.2 South Africa Multicrystalline Solar Panel Market by Application
10.4.6.1.3 South Africa Multicrystalline Solar Panel Market by Grid Type
10.4.6.2 Saudi Arabia Multicrystalline Solar Panel Market
10.4.6.2.1 Saudi Arabia Multicrystalline Solar Panel Market by Type
10.4.6.2.2 Saudi Arabia Multicrystalline Solar Panel Market by Application
10.4.6.2.3 Saudi Arabia Multicrystalline Solar Panel Market by Grid Type
10.4.6.3 U.A.E Multicrystalline Solar Panel Market
10.4.6.3.1 U.A.E Multicrystalline Solar Panel Market by Type
10.4.6.3.2 U.A.E Multicrystalline Solar Panel Market by Application
10.4.6.3.3 U.A.E Multicrystalline Solar Panel Market by Grid Type
10.4.6.4 Rest of Middle East and Africa Multicrystalline Solar Panel Market
10.4.6.4.1 Rest of Middle East and Africa Multicrystalline Solar Panel Market by Type
10.4.6.4.2 Rest of Middle East and Africa Multicrystalline Solar Panel Market by Application
10.4.6.4.3 Rest of Middle East and Africa Multicrystalline Solar Panel Market by Grid Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Multicrystalline Solar Panel Market Overview
10.5.2 South and Central America Multicrystalline Solar Panel Market Forecasts and Analysis
10.5.3 South and Central America Multicrystalline Solar Panel Market Forecasts and Analysis - By Type
10.5.4 South and Central America Multicrystalline Solar Panel Market Forecasts and Analysis - By Application
10.5.5 South and Central America Multicrystalline Solar Panel Market Forecasts and Analysis - By Grid Type
10.5.6 South and Central America Multicrystalline Solar Panel Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Multicrystalline Solar Panel Market
10.5.6.1.1 Brazil Multicrystalline Solar Panel Market by Type
10.5.6.1.2 Brazil Multicrystalline Solar Panel Market by Application
10.5.6.1.3 Brazil Multicrystalline Solar Panel Market by Grid Type
10.5.6.2 Argentina Multicrystalline Solar Panel Market
10.5.6.2.1 Argentina Multicrystalline Solar Panel Market by Type
10.5.6.2.2 Argentina Multicrystalline Solar Panel Market by Application
10.5.6.2.3 Argentina Multicrystalline Solar Panel Market by Grid Type
10.5.6.3 Rest of South and Central America Multicrystalline Solar Panel Market
10.5.6.3.1 Rest of South and Central America Multicrystalline Solar Panel Market by Type
10.5.6.3.2 Rest of South and Central America Multicrystalline Solar Panel Market by Application
10.5.6.3.3 Rest of South and Central America Multicrystalline Solar Panel Market by Grid Type

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. MULTICRYSTALLINE SOLAR PANEL MARKET, KEY COMPANY PROFILES
12.1. RENOGY SOLAR
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EMERALD SUN ENERGY
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. SHARP
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. TARGRAY
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BLUEBIRD SOLAR PRIVATE LIMITED.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ADANI GROUP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. WAAREE ENERGIES LTD.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. GMA SOLAR
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TRIENERGY SCHWEIZ AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. GUANGZHOU ANERN ENERGY TECHNOLOGY CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS

The List Of Companies

  1. Renogy Solar
  2. Emerald Sun Energy
  3. Sharp
  4. Targray
  5. Bluebird Solar Private Limited.
  6. Adani Group
  7. Waaree Energies Ltd.
  8. GMA Solar
  9. TRIENERGY Schweiz AG
  10. Guangzhou Anern Energy Technology Co., Ltd.
TIPRE00029550
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