Global Solar Panels Market is Expected to Reach $180.7 billion By 2021

Published: Mon 27 Apr 2015
A blog entry by Joel John

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Joel John
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Solar panels have moved from the trial stage to the early adopter stage. Markets at $24.2 billion in 2014 are expected to reach $180.7 billion by 2021. Growth is expected to achieve rapid adoption of renewable energy.

A new study Solar Panels: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has 537 pages, 212 tables and figures. Worldwide markets for solar panels are growing as units become more efficient and less costly for generating electricity. Rapid adoption of solar panels worldwide is occurring as systems provide peak power efficiently.