Market research Future Solar Panels Market Ressearch Report 2018. | Page 3

Solar Panels Market industry Research Report- Forecast to 2023
2 Market Overview: -
Solar panel is the panel intended to entrap the sun's rays as a source of energy to generate electricity and
heat. It diminishes the amount of electricity produced from fossil fuels by supplying the operations with
clean, renewable energy from the sun. Solar panels are also called photovoltaic or PV modules as they
directly transform sunlight into electricity. The sun produces enough energy daily to supply 10,000 times
the current worldwide electrical needs. Solar Photovoltaic panels are coupled assembly of solar cells with
a typical 6x10 dimension that generate and supply solar electricity for commercial and residential
applications. They are also extensively used for powering electronic devices, individual gadgets, and
vehicle batteries. Installing solar panels on a typical house roof can cut down the household’s carbon
footprint by an average of 35,180 pounds of carbon dioxide per year.
Scope of the Report
This study provides an overview of the global solar panels market, tracking three market segments across
four geographic regions. The report studies key players, providing a six-year annual trend analysis that
highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the
World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six
years for each region. The scope of the study segments the global solar panels market by its application,
by module type, by technology and by regions.
 By Technology
 Solar PV
 CSP
 By Module Type
 Parabolic Troughs
 Linear Fresnel Reflectors
 Power Towers
 Parabolic Dishes
 Crystalline
 Thin Film
 By Application
 Residential
 Commercial
 Utilities
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