Global Solar Photovoltaic (PV) Panels Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Solar Photovoltaic (PV) Panels market size will reach 56,030 Million USD in 2025 and is projected to reach 98,225 Million USD by 2032, with a CAGR of 8.35% (2025-2032). Notably, the China Solar Photovoltaic (PV) Panels market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Solar photovoltaic (PV) panels, often referred to simply as solar panels, are devices that convert sunlight directly into electricity using semiconductor materials. These panels are composed of numerous solar cells made from silicon or other materials with photovoltaic properties. When sunlight strikes the solar cells, photons (light particles) excite electrons within the semiconductor material, generating a flow of direct current (DC) electricity. The electricity generated by individual solar cells is then combined and routed through wiring to produce the desired voltage and current for practical use. Solar PV panels are commonly used to generate electricity for residential, commercial, and industrial applications, ranging from small-scale rooftop installations to large utility-scale solar farms. They are a key technology in renewable energy systems, offering clean and sustainable electricity generation without greenhouse gas emissions or reliance on finite fossil fuels.

The major global  manufacturers of Solar Photovoltaic (PV) Panels include LONGi, JinkoSolar, JA Solar, Trina Solar, Canadian Solar, Hanwha Solutions, Risen Energy, First Solar, Chint Electrics, GCL System, SunPower, Solargiga, Shunfeng, EGing PV, Seraphim, Jinergy, LG Business Solutions, Jolywood, Tangshan Haitai, HT-SAAE, Talesun Solar, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Solar Photovoltaic (PV) Panels. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Solar Photovoltaic (PV) Panels market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Solar Photovoltaic (PV) Panels market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Solar Photovoltaic (PV) Panels industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Solar Photovoltaic (PV) Panels Include:

LONGi

JinkoSolar

JA Solar

Trina Solar

Canadian Solar

Hanwha Solutions

Risen Energy

First Solar

Chint Electrics

GCL System

SunPower

Solargiga

Shunfeng

EGing PV

Seraphim

Jinergy

LG Business Solutions

Jolywood

Tangshan Haitai

HT-SAAE

Talesun Solar

Solar Photovoltaic (PV) Panels Product Segment Include:

Mono-Si Modules

Multi-Si Modules

CdTe Modules

CIGS Modules

A-Si Modules

Others

Solar Photovoltaic (PV) Panels Product Application Include:

PV Power Station

Commercial

Residential

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Solar Photovoltaic (PV) Panels Industry PESTEL Analysis

Chapter 3: Global Solar Photovoltaic (PV) Panels Industry Porter's Five Forces Analysis

Chapter 4: Global Solar Photovoltaic (PV) Panels Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Solar Photovoltaic (PV) Panels Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Solar Photovoltaic (PV) Panels Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Solar Photovoltaic (PV) Panels Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources Show more