Global Solar Panel Market: USD 168.03 Billion in 2023, Projected to Reach USD 275.16 Billion by 2030
Global Solar Panel Market size was valued at USD 168.03 Billion in 2023 and the total Solar panel market revenue is expected to grow at a CAGR of 7.3 % from 2024 to 2030, reaching nearly USD 275.16 Billion.
A solar panel, also known as a photovoltaic (PV) panel is a device that converts sunlight into electrical energy using the photovoltaic effect.A solar panel, also known as a photovoltaic (PV) panel is a device that converts sunlight into electrical energy using the photovoltaic effect.