Global Solar Cells and Modules Market Research Report 2023(Status and Outlook)
Report Overview
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.
A PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
JinkoSolar, JA Solar, Canadian Solar, Trina Solar and Hanwha Solutions are the top 5 of Solar Cells and Modules, with about 47% market shares. Asia-Pacific has the largest global export quantity and manufacturers in Solar Cells and Modules market, nearly 62%, while Europe is the second sales volume market for Solar Cells and Modules at around 20% in 2019. Si-wafer based PV technology accounted for about 93% of the total sales in 2019. The share of mono-crystalline technology is now about 64% of total sales. Solar cells and modules can be divided into monocrystalline silicon modules, polycrystalline silicon modules, CdTe modules, CIGS modules, and amorphous silicon modules. It can be applied to photovoltaic power stations, commercial advertisements and residential buildings.
The Global Solar Cells and Modules Market Size was estimated at USD 33960 million in 2022 and is projected to reach USD 62881.97 million by 2029, exhibiting a CAGR of 9.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Solar Cells and Modules market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Solar Cells and Modules Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Solar Cells and Modules market in any manner.
Global Solar Cells and Modules Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key 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
EGing PV
Jolywood
Talesun Solar
Market Segmentation (by Type)
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Market Segmentation (by Application)
Procedures by Femoral Arterial Access
Procedures by Transradial Arterial Access
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Solar Cells and Modules Market
Overview of the regional outlook of the Solar Cells and Modules Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Solar Cells and Modules
- 1.2 Key Market Segments
- 1.2.1 Solar Cells and Modules Segment by Type
- 1.2.2 Solar Cells and Modules Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Solar Cells and Modules Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Solar Cells and Modules Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Solar Cells and Modules Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Solar Cells and Modules Market Competitive Landscape
- 3.1 Global Solar Cells and Modules Sales by Manufacturers (2018-2023)
- 3.2 Global Solar Cells and Modules Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Solar Cells and Modules Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Solar Cells and Modules Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Solar Cells and Modules Sales Sites, Area Served, Product Type
- 3.6 Solar Cells and Modules Market Competitive Situation and Trends
- 3.6.1 Solar Cells and Modules Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Solar Cells and Modules Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Solar Cells and Modules Industry Chain Analysis
- 4.1 Solar Cells and Modules Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Solar Cells and Modules Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Solar Cells and Modules Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Solar Cells and Modules Sales Market Share by Type (2018-2023)
- 6.3 Global Solar Cells and Modules Market Size Market Share by Type (2018-2023)
- 6.4 Global Solar Cells and Modules Price by Type (2018-2023)
- 7 Solar Cells and Modules Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Solar Cells and Modules Market Sales by Application (2018-2023)
- 7.3 Global Solar Cells and Modules Market Size (M USD) by Application (2018-2023)
- 7.4 Global Solar Cells and Modules Sales Growth Rate by Application (2018-2023)
- 8 Solar Cells and Modules Market Segmentation by Region
- 8.1 Global Solar Cells and Modules Sales by Region
- 8.1.1 Global Solar Cells and Modules Sales by Region
- 8.1.2 Global Solar Cells and Modules Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Solar Cells and Modules Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Solar Cells and Modules Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Solar Cells and Modules Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Solar Cells and Modules Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Solar Cells and Modules Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 JinkoSolar
- 9.1.1 JinkoSolar Solar Cells and Modules Basic Information
- 9.1.2 JinkoSolar Solar Cells and Modules Product Overview
- 9.1.3 JinkoSolar Solar Cells and Modules Product Market Performance
- 9.1.4 JinkoSolar Business Overview
- 9.1.5 JinkoSolar Solar Cells and Modules SWOT Analysis
- 9.1.6 JinkoSolar Recent Developments
- 9.2 LONGi
- 9.2.1 LONGi Solar Cells and Modules Basic Information
- 9.2.2 LONGi Solar Cells and Modules Product Overview
- 9.2.3 LONGi Solar Cells and Modules Product Market Performance
- 9.2.4 LONGi Business Overview
- 9.2.5 LONGi Solar Cells and Modules SWOT Analysis
- 9.2.6 LONGi Recent Developments
- 9.3 JA Solar
- 9.3.1 JA Solar Solar Cells and Modules Basic Information
- 9.3.2 JA Solar Solar Cells and Modules Product Overview
- 9.3.3 JA Solar Solar Cells and Modules Product Market Performance
- 9.3.4 JA Solar Business Overview
- 9.3.5 JA Solar Solar Cells and Modules SWOT Analysis
- 9.3.6 JA Solar Recent Developments
- 9.4 First Solar
- 9.4.1 First Solar Solar Cells and Modules Basic Information
- 9.4.2 First Solar Solar Cells and Modules Product Overview
- 9.4.3 First Solar Solar Cells and Modules Product Market Performance
- 9.4.4 First Solar Business Overview
- 9.4.5 First Solar Solar Cells and Modules SWOT Analysis
- 9.4.6 First Solar Recent Developments
- 9.5 Canadian Solar
- 9.5.1 Canadian Solar Solar Cells and Modules Basic Information
- 9.5.2 Canadian Solar Solar Cells and Modules Product Overview
- 9.5.3 Canadian Solar Solar Cells and Modules Product Market Performance
- 9.5.4 Canadian Solar Business Overview
- 9.5.5 Canadian Solar Solar Cells and Modules SWOT Analysis
- 9.5.6 Canadian Solar Recent Developments
- 9.6 Trina Solar
- 9.6.1 Trina Solar Solar Cells and Modules Basic Information
- 9.6.2 Trina Solar Solar Cells and Modules Product Overview
- 9.6.3 Trina Solar Solar Cells and Modules Product Market Performance
- 9.6.4 Trina Solar Business Overview
- 9.6.5 Trina Solar Recent Developments
- 9.7 Hanwha Solutions
- 9.7.1 Hanwha Solutions Solar Cells and Modules Basic Information
- 9.7.2 Hanwha Solutions Solar Cells and Modules Product Overview
- 9.7.3 Hanwha Solutions Solar Cells and Modules Product Market Performance
- 9.7.4 Hanwha Solutions Business Overview
- 9.7.5 Hanwha Solutions Recent Developments
- 9.8 Risen Energy
- 9.8.1 Risen Energy Solar Cells and Modules Basic Information
- 9.8.2 Risen Energy Solar Cells and Modules Product Overview
- 9.8.3 Risen Energy Solar Cells and Modules Product Market Performance
- 9.8.4 Risen Energy Business Overview
- 9.8.5 Risen Energy Recent Developments
- 9.9 Seraphim
- 9.9.1 Seraphim Solar Cells and Modules Basic Information
- 9.9.2 Seraphim Solar Cells and Modules Product Overview
- 9.9.3 Seraphim Solar Cells and Modules Product Market Performance
- 9.9.4 Seraphim Business Overview
- 9.9.5 Seraphim Recent Developments
- 9.10 SunPower
- 9.10.1 SunPower Solar Cells and Modules Basic Information
- 9.10.2 SunPower Solar Cells and Modules Product Overview
- 9.10.3 SunPower Solar Cells and Modules Product Market Performance
- 9.10.4 SunPower Business Overview
- 9.10.5 SunPower Recent Developments
- 9.11 Chint Electrics
- 9.11.1 Chint Electrics Solar Cells and Modules Basic Information
- 9.11.2 Chint Electrics Solar Cells and Modules Product Overview
- 9.11.3 Chint Electrics Solar Cells and Modules Product Market Performance
- 9.11.4 Chint Electrics Business Overview
- 9.11.5 Chint Electrics Recent Developments
- 9.12 Solargiga
- 9.12.1 Solargiga Solar Cells and Modules Basic Information
- 9.12.2 Solargiga Solar Cells and Modules Product Overview
- 9.12.3 Solargiga Solar Cells and Modules Product Market Performance
- 9.12.4 Solargiga Business Overview
- 9.12.5 Solargiga Recent Developments
- 9.13 Shunfeng
- 9.13.1 Shunfeng Solar Cells and Modules Basic Information
- 9.13.2 Shunfeng Solar Cells and Modules Product Overview
- 9.13.3 Shunfeng Solar Cells and Modules Product Market Performance
- 9.13.4 Shunfeng Business Overview
- 9.13.5 Shunfeng Recent Developments
- 9.14 LG Business Solutions
- 9.14.1 LG Business Solutions Solar Cells and Modules Basic Information
- 9.14.2 LG Business Solutions Solar Cells and Modules Product Overview
- 9.14.3 LG Business Solutions Solar Cells and Modules Product Market Performance
- 9.14.4 LG Business Solutions Business Overview
- 9.14.5 LG Business Solutions Recent Developments
- 9.15 Jinergy
- 9.15.1 Jinergy Solar Cells and Modules Basic Information
- 9.15.2 Jinergy Solar Cells and Modules Product Overview
- 9.15.3 Jinergy Solar Cells and Modules Product Market Performance
- 9.15.4 Jinergy Business Overview
- 9.15.5 Jinergy Recent Developments
- 9.16 GCL System
- 9.16.1 GCL System Solar Cells and Modules Basic Information
- 9.16.2 GCL System Solar Cells and Modules Product Overview
- 9.16.3 GCL System Solar Cells and Modules Product Market Performance
- 9.16.4 GCL System Business Overview
- 9.16.5 GCL System Recent Developments
- 9.17 EGing PV
- 9.17.1 EGing PV Solar Cells and Modules Basic Information
- 9.17.2 EGing PV Solar Cells and Modules Product Overview
- 9.17.3 EGing PV Solar Cells and Modules Product Market Performance
- 9.17.4 EGing PV Business Overview
- 9.17.5 EGing PV Recent Developments
- 9.18 Jolywood
- 9.18.1 Jolywood Solar Cells and Modules Basic Information
- 9.18.2 Jolywood Solar Cells and Modules Product Overview
- 9.18.3 Jolywood Solar Cells and Modules Product Market Performance
- 9.18.4 Jolywood Business Overview
- 9.18.5 Jolywood Recent Developments
- 9.19 Talesun Solar
- 9.19.1 Talesun Solar Solar Cells and Modules Basic Information
- 9.19.2 Talesun Solar Solar Cells and Modules Product Overview
- 9.19.3 Talesun Solar Solar Cells and Modules Product Market Performance
- 9.19.4 Talesun Solar Business Overview
- 9.19.5 Talesun Solar Recent Developments
- 10 Solar Cells and Modules Market Forecast by Region
- 10.1 Global Solar Cells and Modules Market Size Forecast
- 10.2 Global Solar Cells and Modules Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Solar Cells and Modules Market Size Forecast by Country
- 10.2.3 Asia Pacific Solar Cells and Modules Market Size Forecast by Region
- 10.2.4 South America Solar Cells and Modules Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Solar Cells and Modules by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Solar Cells and Modules Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Solar Cells and Modules by Type (2024-2029)
- 11.1.2 Global Solar Cells and Modules Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Solar Cells and Modules by Type (2024-2029)
- 11.2 Global Solar Cells and Modules Market Forecast by Application (2024-2029)
- 11.2.1 Global Solar Cells and Modules Sales (K Units) Forecast by Application
- 11.2.2 Global Solar Cells and Modules Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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