The Business Research Company’s Solar Photovoltaic Panel Manufacturing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Solar Photovoltaic Panel Manufacturing Global Market Report 2023 evaluates solar photovoltaic panel manufacturing market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global solar photovoltaic panel manufacturing market is expected to grow from $304,452.6 million in 2026 at a rate of 12.1%. The solar photovoltaic panel manufacturing market size is then expected to grow at a CAGR of 10.6% from 2026 and reach $502,834.3 million in 2031.
Growth of population globally is expected to drive the demand for solar photovoltaic panel manufacturing going forward. An increase in population boosts the need for electricity and renewable energy sources, driving demand for solar photovoltaic panel manufacturing.
According to data from the UN, the world population is expected to reach 9.8 billion by 2050. The rising urbanization is also expected to contribute to the growth of the market in the forecast period. According to the United Nations, by 2050, it is estimated that around 68% of the total world population will live in urban areas, up from the 55% of the world’s population living in urban areas currently. The rapid growth in urbanization and global population especially in the developing economies is expected to generate high demand for the solar photovoltaic panel manufacturing market.
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The solar photovoltaic panel manufacturing market segments in the report are:
1) By Technology: Thin Film, Crystalline Silicon
2) By Grid: Grid Connected, Off-Grid
3) By End User: Residential, Commercial And Industrial, Utility-Scale
The table of contents in TBRC’s solar photovoltaic panel manufacturing market report includes:
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