Solar Cell (Photovoltaic) Module Industry Research Report 2025

Summary

A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.

According to APO Research, The global Solar Cell (Photovoltaic) Module market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Solar Cell (Photovoltaic) Module is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Solar Cell (Photovoltaic) Module is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Solar Cell (Photovoltaic) Module is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Solar Cell (Photovoltaic) Module include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Solar Cell (Photovoltaic) Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Cell (Photovoltaic) Module.
The report will help the Solar Cell (Photovoltaic) Module manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Solar Cell (Photovoltaic) Module market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Solar Cell (Photovoltaic) Module market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Solar Cell (Photovoltaic) Module Segment by Company

JinkoSolar
LONGi
JA Solar
First Solar
Canadian Solar
Trina Solar
Hanwha Solutions
Risen Energy
Seraphim
SunPower
Chint Electrics
Solargiga
Shunfeng
LG Business Solutions
Jinergy
GCL System
Jolywood
Talesun Solar
HT-SAAE
Solar Cell (Photovoltaic) Module Segment by Type

Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
a-Si Modules
Others
Solar Cell (Photovoltaic) Module Segment by Application

PV Power Station
Commercial
Residential
Others
Solar Cell (Photovoltaic) Module Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Solar Cell (Photovoltaic) Module market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Solar Cell (Photovoltaic) Module and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Solar Cell (Photovoltaic) Module.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Solar Cell (Photovoltaic) Module manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Solar Cell (Photovoltaic) Module by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Solar Cell (Photovoltaic) Module in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Solar Cell (Photovoltaic) Module by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Mono-Si Modules
2.2.3 Multi-Si Modules
2.2.4 CdTe Modules
2.2.5 CIGS Modules
2.2.6 a-Si Modules
2.2.7 Others
2.3 Solar Cell (Photovoltaic) Module by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 PV Power Station
2.3.3 Commercial
2.3.4 Residential
2.3.5 Others
2.4 Global Market Growth Prospects
2.4.1 Global Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Solar Cell (Photovoltaic) Module Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Solar Cell (Photovoltaic) Module Production Estimates and Forecasts (2020-2031)
2.4.4 Global Solar Cell (Photovoltaic) Module Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Solar Cell (Photovoltaic) Module Production by Manufacturers (2020-2025)
3.2 Global Solar Cell (Photovoltaic) Module Production Value by Manufacturers (2020-2025)
3.3 Global Solar Cell (Photovoltaic) Module Average Price by Manufacturers (2020-2025)
3.4 Global Solar Cell (Photovoltaic) Module Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Solar Cell (Photovoltaic) Module Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Solar Cell (Photovoltaic) Module Manufacturers, Product Type & Application
3.7 Global Solar Cell (Photovoltaic) Module Manufacturers Established Date
3.8 Global Solar Cell (Photovoltaic) Module Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 JinkoSolar
4.1.1 JinkoSolar Solar Cell (Photovoltaic) Module Company Information
4.1.2 JinkoSolar Solar Cell (Photovoltaic) Module Business Overview
4.1.3 JinkoSolar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.1.4 JinkoSolar Product Portfolio
4.1.5 JinkoSolar Recent Developments
4.2 LONGi
4.2.1 LONGi Solar Cell (Photovoltaic) Module Company Information
4.2.2 LONGi Solar Cell (Photovoltaic) Module Business Overview
4.2.3 LONGi Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.2.4 LONGi Product Portfolio
4.2.5 LONGi Recent Developments
4.3 JA Solar
4.3.1 JA Solar Solar Cell (Photovoltaic) Module Company Information
4.3.2 JA Solar Solar Cell (Photovoltaic) Module Business Overview
4.3.3 JA Solar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.3.4 JA Solar Product Portfolio
4.3.5 JA Solar Recent Developments
4.4 First Solar
4.4.1 First Solar Solar Cell (Photovoltaic) Module Company Information
4.4.2 First Solar Solar Cell (Photovoltaic) Module Business Overview
4.4.3 First Solar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.4.4 First Solar Product Portfolio
4.4.5 First Solar Recent Developments
4.5 Canadian Solar
4.5.1 Canadian Solar Solar Cell (Photovoltaic) Module Company Information
4.5.2 Canadian Solar Solar Cell (Photovoltaic) Module Business Overview
4.5.3 Canadian Solar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.5.4 Canadian Solar Product Portfolio
4.5.5 Canadian Solar Recent Developments
4.6 Trina Solar
4.6.1 Trina Solar Solar Cell (Photovoltaic) Module Company Information
4.6.2 Trina Solar Solar Cell (Photovoltaic) Module Business Overview
4.6.3 Trina Solar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.6.4 Trina Solar Product Portfolio
4.6.5 Trina Solar Recent Developments
4.7 Hanwha Solutions
4.7.1 Hanwha Solutions Solar Cell (Photovoltaic) Module Company Information
4.7.2 Hanwha Solutions Solar Cell (Photovoltaic) Module Business Overview
4.7.3 Hanwha Solutions Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.7.4 Hanwha Solutions Product Portfolio
4.7.5 Hanwha Solutions Recent Developments
4.8 Risen Energy
4.8.1 Risen Energy Solar Cell (Photovoltaic) Module Company Information
4.8.2 Risen Energy Solar Cell (Photovoltaic) Module Business Overview
4.8.3 Risen Energy Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.8.4 Risen Energy Product Portfolio
4.8.5 Risen Energy Recent Developments
4.9 Seraphim
4.9.1 Seraphim Solar Cell (Photovoltaic) Module Company Information
4.9.2 Seraphim Solar Cell (Photovoltaic) Module Business Overview
4.9.3 Seraphim Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.9.4 Seraphim Product Portfolio
4.9.5 Seraphim Recent Developments
4.10 SunPower
4.10.1 SunPower Solar Cell (Photovoltaic) Module Company Information
4.10.2 SunPower Solar Cell (Photovoltaic) Module Business Overview
4.10.3 SunPower Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.10.4 SunPower Product Portfolio
4.10.5 SunPower Recent Developments
4.11 Chint Electrics
4.11.1 Chint Electrics Solar Cell (Photovoltaic) Module Company Information
4.11.2 Chint Electrics Solar Cell (Photovoltaic) Module Business Overview
4.11.3 Chint Electrics Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.11.4 Chint Electrics Product Portfolio
4.11.5 Chint Electrics Recent Developments
4.12 Solargiga
4.12.1 Solargiga Solar Cell (Photovoltaic) Module Company Information
4.12.2 Solargiga Solar Cell (Photovoltaic) Module Business Overview
4.12.3 Solargiga Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.12.4 Solargiga Product Portfolio
4.12.5 Solargiga Recent Developments
4.13 Shunfeng
4.13.1 Shunfeng Solar Cell (Photovoltaic) Module Company Information
4.13.2 Shunfeng Solar Cell (Photovoltaic) Module Business Overview
4.13.3 Shunfeng Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.13.4 Shunfeng Product Portfolio
4.13.5 Shunfeng Recent Developments
4.14 LG Business Solutions
4.14.1 LG Business Solutions Solar Cell (Photovoltaic) Module Company Information
4.14.2 LG Business Solutions Solar Cell (Photovoltaic) Module Business Overview
4.14.3 LG Business Solutions Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.14.4 LG Business Solutions Product Portfolio
4.14.5 LG Business Solutions Recent Developments
4.15 Jinergy
4.15.1 Jinergy Solar Cell (Photovoltaic) Module Company Information
4.15.2 Jinergy Solar Cell (Photovoltaic) Module Business Overview
4.15.3 Jinergy Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.15.4 Jinergy Product Portfolio
4.15.5 Jinergy Recent Developments
4.16 GCL System
4.16.1 GCL System Solar Cell (Photovoltaic) Module Company Information
4.16.2 GCL System Solar Cell (Photovoltaic) Module Business Overview
4.16.3 GCL System Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.16.4 GCL System Product Portfolio
4.16.5 GCL System Recent Developments
4.17 Jolywood
4.17.1 Jolywood Solar Cell (Photovoltaic) Module Company Information
4.17.2 Jolywood Solar Cell (Photovoltaic) Module Business Overview
4.17.3 Jolywood Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.17.4 Jolywood Product Portfolio
4.17.5 Jolywood Recent Developments
4.18 Talesun Solar
4.18.1 Talesun Solar Solar Cell (Photovoltaic) Module Company Information
4.18.2 Talesun Solar Solar Cell (Photovoltaic) Module Business Overview
4.18.3 Talesun Solar Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.18.4 Talesun Solar Product Portfolio
4.18.5 Talesun Solar Recent Developments
4.19 HT-SAAE
4.19.1 HT-SAAE Solar Cell (Photovoltaic) Module Company Information
4.19.2 HT-SAAE Solar Cell (Photovoltaic) Module Business Overview
4.19.3 HT-SAAE Solar Cell (Photovoltaic) Module Production, Value and Gross Margin (2020-2025)
4.19.4 HT-SAAE Product Portfolio
4.19.5 HT-SAAE Recent Developments
5 Global Solar Cell (Photovoltaic) Module Production by Region
5.1 Global Solar Cell (Photovoltaic) Module Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Solar Cell (Photovoltaic) Module Production by Region: 2020-2031
5.2.1 Global Solar Cell (Photovoltaic) Module Production by Region: 2020-2025
5.2.2 Global Solar Cell (Photovoltaic) Module Production Forecast by Region (2026-2031)
5.3 Global Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Solar Cell (Photovoltaic) Module Production Value by Region: 2020-2031
5.4.1 Global Solar Cell (Photovoltaic) Module Production Value by Region: 2020-2025
5.4.2 Global Solar Cell (Photovoltaic) Module Production Value Forecast by Region (2026-2031)
5.5 Global Solar Cell (Photovoltaic) Module Market Price Analysis by Region (2020-2025)
5.6 Global Solar Cell (Photovoltaic) Module Production and Value, YOY Growth
5.6.1 North America Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Solar Cell (Photovoltaic) Module Production Value Estimates and Forecasts (2020-2031)
6 Global Solar Cell (Photovoltaic) Module Consumption by Region
6.1 Global Solar Cell (Photovoltaic) Module Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Solar Cell (Photovoltaic) Module Consumption by Region (2020-2031)
6.2.1 Global Solar Cell (Photovoltaic) Module Consumption by Region: 2020-2025
6.2.2 Global Solar Cell (Photovoltaic) Module Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Solar Cell (Photovoltaic) Module Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Solar Cell (Photovoltaic) Module Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Solar Cell (Photovoltaic) Module Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Solar Cell (Photovoltaic) Module Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Solar Cell (Photovoltaic) Module Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Solar Cell (Photovoltaic) Module Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Solar Cell (Photovoltaic) Module Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Solar Cell (Photovoltaic) Module Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Solar Cell (Photovoltaic) Module Production by Type (2020-2031)
7.1.1 Global Solar Cell (Photovoltaic) Module Production by Type (2020-2031) & (MW)
7.1.2 Global Solar Cell (Photovoltaic) Module Production Market Share by Type (2020-2031)
7.2 Global Solar Cell (Photovoltaic) Module Production Value by Type (2020-2031)
7.2.1 Global Solar Cell (Photovoltaic) Module Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Solar Cell (Photovoltaic) Module Production Value Market Share by Type (2020-2031)
7.3 Global Solar Cell (Photovoltaic) Module Price by Type (2020-2031)
8 Segment by Application
8.1 Global Solar Cell (Photovoltaic) Module Production by Application (2020-2031)
8.1.1 Global Solar Cell (Photovoltaic) Module Production by Application (2020-2031) & (MW)
8.1.2 Global Solar Cell (Photovoltaic) Module Production Market Share by Application (2020-2031)
8.2 Global Solar Cell (Photovoltaic) Module Production Value by Application (2020-2031)
8.2.1 Global Solar Cell (Photovoltaic) Module Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Solar Cell (Photovoltaic) Module Production Value Market Share by Application (2020-2031)
8.3 Global Solar Cell (Photovoltaic) Module Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Solar Cell (Photovoltaic) Module Value Chain Analysis
9.1.1 Solar Cell (Photovoltaic) Module Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Solar Cell (Photovoltaic) Module Production Mode & Process
9.2 Solar Cell (Photovoltaic) Module Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Solar Cell (Photovoltaic) Module Distributors
9.2.3 Solar Cell (Photovoltaic) Module Customers
10 Global Solar Cell (Photovoltaic) Module Analyzing Market Dynamics
10.1 Solar Cell (Photovoltaic) Module Industry Trends
10.2 Solar Cell (Photovoltaic) Module Industry Drivers
10.3 Solar Cell (Photovoltaic) Module Industry Opportunities and Challenges
10.4 Solar Cell (Photovoltaic) Module Industry Restraints
11 Report Conclusion
12 Disclaimer

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