Solar PV Panel Market Estimated to Hit $641.1 Billion by 2030

The solar PV panel market size was valued at $180.4 billion in 2020, and is projected to reach $641.1 billion by 2030, growing at a CAGR of 11.9% from 2021 to 2030. Solar panel is a device which converts sunlight into electrical energy and is made up of several semiconductor materials. Solar panels are made …

Solar Photovoltaic (PV) Panels Market Size to Grow $641.1 Billion by 2030

According to a new report published by Allied Market Research titled, “Solar Photovoltaic (PV) Panel Market by Technology, Grid Type, and End Use: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the solar PV panel market size was valued at $180.4 billion in 2020, and is projected to reach $641.1 billion by 2030, growing at a CAGR of 11.9% …