$SNPW According to Zion Market Research, the global Solar Panel Market accounted for US $30.8 billion in 2016 and is expected to reach US $57.3 billion by 2022, growing at a CAGR of 10.9% between 2017 and 2022. Recent legislation imposed tariffs of 30 percent on imported solar panel technology in a bid to protect domestic manufacturers, like Sun Pacific Holding Corp. Since approximately 80 percent of solar panel products have been imported in the past, some industry sources say tariffs could add more than 100,000 jobs