The North America Flexible Solar Panels Market would witness market growth of 6.8% CAGR during the forecast period (2021-2027).
Flexible solar panels provide a solution to the most basic requirements of human beings, for example, mobility. The desire for comfort and convenience gives rise to necessities. Flexible solar panels have arrived as a godsend to the modern world, which relies on electricity. These solar panels are adaptable, and as a result, they are in high demand nowadays. Flexible solar panels are easily transportable and may be folded and transported to any location. These panels can also be employed with digital cameras, laptops, phones, mp3 players, and a variety of other devices that people use on a daily basis. They also come in a variety of sizes, ranging from 5W to 50W.
Due to their lower efficiency, solar arrays produced from these panels usually require an increased space when compared to traditional solar panels. They have limited lives and were first utilized in a solar-powered calculator, which is primarily used by office workers and children. They're now being utilized in many complex networks and have various applications in the construction of solar farms, integrated systems, and next-generation cars.
In the United States, solar electricity is more economical, accessible, and widespread than it has ever been. Solar power capacity in the United States has grown from 0.34 GW in 2008 to approximately 97.2 GW now. This amount of energy is capable of supplying power to 18 million ordinary American homes. Solar energy, in the form of solar photovoltaics (PV) and concentrating solar-thermal power, now provides over 3% of all electricity in the United States (CSP).
The average cost of a solar PV panel has decreased by about 70% since 2014. Solar energy markets are rapidly growing across the country since solar electricity is already cost-competitive with traditional energy sources in most of the states. The United States was the second-largest market in 2019 In terms of cumulative and yearly PV installations.
The US market dominated the North America Flexible Solar Panels Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $143.9 Million by 2027. The Canada market is poised to grow at a CAGR of 9.2% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 8.3% during (2021 - 2027).
Based on Type, the market is segmented into Copper Indium Gallium Selenide, Cadmium Telluride, Amorphous Silicon and Others. Based on Application, the market is segmented into Industrial, Residential, Aerospace, Automobile, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Flexible Solar Panels Market is Estimated to reach $716.5 Million by 2027, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hanergy Holding Group Ltd., Enecom Srl, Flisom AG, PowerFilm Solar, Inc., SoloPower Systems, Inc., Solbian Energie Alternative Srl, Sun Harmonics co. ltd., Jinko Solar Holding Co., Ltd., Trina Solar Co., Ltd., and JA Solar Holdings Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Copper Indium Gallium Selenide
- Cadmium Telluride
- Amorphous Silicon
- Others
By Application
- Industrial
- Residential
- Aerospace
- Automobile
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hanergy Holding Group Ltd.
- Enecom Srl
- Flisom AG
- PowerFilm Solar, Inc.
- SoloPower Systems, Inc.
- Solbian Energie Alternative Srl
- Sun Harmonics co. ltd.
- Jinko Solar Holding Co., Ltd.
- Trina Solar Co., Ltd.
- JA Solar Holdings Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Flexible Solar Panels Market, by Type
1.4.2 North America Flexible Solar Panels Market, by Application
1.4.3 North America Flexible Solar Panels Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Flexible Solar Panels Market by Type
3.1 North America Copper Indium Gallium Selenide Market by Country
3.2 North America Cadmium Telluride Market by Country
3.3 North America Amorphous Silicon Market by Country
3.4 North America Others Market by Country
Chapter 4. North America Flexible Solar Panels Market by Application
4.1 North America Industrial Market by Country
4.2 North America Residential Market by Country
4.3 North America Aerospace Market by Country
4.4 North America Automobile Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Flexible Solar Panels Market by Country
5.1 US Flexible Solar Panels Market
5.1.1 US Flexible Solar Panels Market by Type
5.1.2 US Flexible Solar Panels Market by Application
5.2 Canada Flexible Solar Panels Market
5.2.1 Canada Flexible Solar Panels Market by Type
5.2.2 Canada Flexible Solar Panels Market by Application
5.3 Mexico Flexible Solar Panels Market
5.3.1 Mexico Flexible Solar Panels Market by Type
5.3.2 Mexico Flexible Solar Panels Market by Application
5.4 Rest of North America Flexible Solar Panels Market
5.4.1 Rest of North America Flexible Solar Panels Market by Type
5.4.2 Rest of North America Flexible Solar Panels Market by Application
Chapter 6. Company Profiles
6.1 Hanergy Holding Group Ltd.
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.1.2.2 Product Launches and Product Expansions:
6.2 Enecom Srl
6.2.1 Company Overview
6.3 Flisom AG
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.3.2.2 Geographical Expansions:
6.4 PowerFilm Solar, Inc.
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 SoloPower Systems, Inc.
6.5.1 Company Overview
6.6 Solbian Energie Alternative Srl
6.6.1 Company Overview
6.7 Sun Harmonics co. ltd.
6.7.1 Company Overview
6.8 Jinko Solar Holding Co., Ltd.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.9 Trina Solar Co., Ltd.
6.9.1 Company Overview
6.10. JA Solar Holdings Co., Ltd.
6.10.1 Company Overview
TABLE 1 North America Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 2 North America Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 3 North America Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 4 North America Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 5 North America Copper Indium Gallium Selenide Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Copper Indium Gallium Selenide Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Cadmium Telluride Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Cadmium Telluride Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Amorphous Silicon Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Amorphous Silicon Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 14 North America Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 15 North America Industrial Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Industrial Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Aerospace Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Aerospace Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Automobile Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Automobile Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Flexible Solar Panels Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Flexible Solar Panels Market by Country, 2021 - 2027, USD Million
TABLE 27 US Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 28 US Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 29 US Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 30 US Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 31 US Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 32 US Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 33 Canada Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 34 Canada Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 35 Canada Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 36 Canada Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 37 Canada Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 38 Canada Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 39 Mexico Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 40 Mexico Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 41 Mexico Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 42 Mexico Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 43 Mexico Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 44 Mexico Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 45 Rest of North America Flexible Solar Panels Market, 2017 - 2020, USD Million
TABLE 46 Rest of North America Flexible Solar Panels Market, 2021 - 2027, USD Million
TABLE 47 Rest of North America Flexible Solar Panels Market by Type, 2017 - 2020, USD Million
TABLE 48 Rest of North America Flexible Solar Panels Market by Type, 2021 - 2027, USD Million
TABLE 49 Rest of North America Flexible Solar Panels Market by Application, 2017 - 2020, USD Million
TABLE 50 Rest of North America Flexible Solar Panels Market by Application, 2021 - 2027, USD Million
TABLE 51 Key information – Hanergy Holding Group Ltd.
TABLE 52 Key information – ENECOM SRL
TABLE 53 Key information – FLISOM AG
TABLE 54 Key information – PowerFilm Solar, Inc.
TABLE 55 Key information – SoloPower Systems, Inc.
TABLE 56 Key information – Solbian Energie Alternative Srl
TABLE 57 Key information – sun harmonics co. ltd
TABLE 58 Key information – Jinko Solar Holding Co., Ltd.
TABLE 59 Key information – Trina Solar Co., Ltd.
TABLE 60 Key information – JA SOLAR Technology Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hanergy Holding Group Ltd.