In this article, we list the top 12 solar PV panel manufacturers we vouch for. These 12 suppliers are known for their durability, warranty strength, and global reputation. So you can count on them for peace of mind before a high-value purchase. . This guide compares leading solar panel manufacturers worldwide, examines the resurgence of US manufacturing, and shows how businesses can source panels wholesale. In recent years, global production of crystalline silicon modules exceeded five hundred gigawatts, nearly doubling the previous year. . In 2023, the global solar panel market was valued at $170. 25 billion. This is expected to grow at a 7. 7% CAGR and reach $297. The largest market share (more than 54%) was held by the Asia Pacific region, where China generated the most revenue. 1 Thomas has been North America's. . At Maxbo, we specialize in offering high-quality, factory-direct wholesale solar panel kits, providing customers with affordable, reliable, and scalable solar solutions for both residential and commercial applications. For sizing help, please call us at (760) 597-0498 x2. This data is collected by Solar Power World editors and will be continually updated as facilities. .
Asia Pacific held the largest market share of over 54. 0% in 2023. The North American market is expected to grow at a CAGR of about 7. 9% over the forecast period. . The US solar industry installed 11. 7 gigawatts direct current (GWdc) of capacity in Q3 2025, a 20% increase from Q3 2024, a 49% increase from Q2 2025, and the third largest quarter for deployment in the industry's history. Following a low second quarter, the industry is ramping up as the end of. . The global solar PV panels market size was estimated at USD 170. 13 billion by 2030, growing at a compound annual growth rate (CAGR) of 7. 69 billion in 2023 and is projected to be worth USD 273 billion in 2024 and reach USD 436.