North American Solar Panel Market Growth, Size, Share, Industry Report and Forecast 2019-2025

Posted May 7, 2020 by mansi3210

North American Solar Panel Market Size, Share & Trends Analysis Report by Technology and by End-User and Forecast, 2019-2025
North American solar panel market is estimated to grow significantly at a CAGR of around 15.2% during the forecast period. The US and Canada are significantly contributing to the market growth due to various factors such as the high installation of solar panels, the significant presence of the automobile sector, and the high adoption of renewable energy. In North America, particularly in the US, there are numerous programs which are promoting the growth of the market. Solar power production incentive act 1990 is an amendment to the PURPA of 1978 and the Federal Power Act. The main purpose is to remove the size limitations placed on renewable energy facilities, such as solar and wind, in order to receive PURPA benefits. This will encourage the development of renewable energy production, thereby encouraging the installation of solar panels in the near future.

Request a Free Sample of our North American Solar Panel Market:

The growth of the Canadian market is backed by significant investment in the domestic solar panel market coupled with supportive government initiatives & policies. According to IRENA, around 1,499 GWh of electricity generated from solar photovoltaic, which increased with an exponential growth rate and reached around 3,573 GWh of solar photovoltaic installations in Canada. The support from the governmental bodies has been a major factor for the exponential growth of the country in the installation of solar energy.

A full Report of North American Solar Panel Market is Available at:

North American Solar Panel Market Segmentation

By Technology

• Monocrystalline Solar Panel
• Polycrystalline Solar Panel
• Thin-Film Crystalline Solar Panel
• Other Solar Panels
By End-User
• Household Sector
• Corporate Sector

Regional Analysis

• United States
• Canada

Company Profiles

• Canadian Solar, Inc.
• First Solar, Inc.
• Hanwha SolarOne Co. Ltd.
• Kyocera Corp.
• Sharp Corp.
• SoloPower Systems, Inc.
• SunEdison, Inc.
• SunPower Corp.
• Trina Solar Energy Co., Ltd.
• Wuxi Suntech Power Co., Ltd.

For More Customized Data, Request for Report Customization @

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 7803040404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mansi Jain
Phone 07803040404
Business Address Orion Market Research Pvt Ltd
305-308, Commerce House,
Country India
Categories Business , Energy , Environment
Tags market analysis , market forecast , market research , renewable energy
Last Updated May 7, 2020