Photovoltaic Solar Panels Market Size
According to recent report published by research cosmos analysts, the Photovoltaic Solar Panels Market is estimated to reach USD $ 307,193 million by 2023. It is expected to reach CAGR of 14% during the forecast period 2023.
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Market Insights of Photovoltaic Solar Panels Market
In 2016, the public services segment recorded the largest number of facilities, representing 47.2% of total demand. The continuous power supply and the comparative costs lower than conventional energy sources have made solar photovoltaic technology attractive for use in public services.
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Leading region in Photovoltaic Solar Panels Market
In the last 3 or 4 years, Asia Pacific has accounted for about 2/3rd of the world’s solar photovoltaic energy. In 2017, the five biggest markets are China, United States, Japan, India and the United Kingdom accounted for almost 85% of increase. In terms of cumulative capacity, the two main countries are China and Japan.
Major Key players in Photovoltaic Solar Panels Market include
- First Solar Inc.
- Sun tech Power Co.
- Sharp Corporation
- Hanwha Q Cells Co Ltd
- 5 + More players
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