PERC Solar Panel Market Insights Video

According to Cognitive Market Research, the global PERC Solar Panel market size was USD 155612.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 62245.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 46683.75 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 35790.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 7780.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3112.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
• The ground-mounting category held the highest PERC Solar Panel market revenue share in 2024.