Global Photovoltaics Modules Market Growth 2023-2029

Global Photovoltaics Modules Market Growth 2023-2029

Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.

Photovoltaics Modules use light energy from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most Photovoltaics Modules are rigid, but semi-flexible ones are available, based on thin-film cells.

LPI (LP Information)' newest research report, the “Photovoltaics Modules Industry Forecast” looks at past sales and reviews total world Photovoltaics Modules sales in 2022, providing a comprehensive analysis by region and market sector of projected Photovoltaics Modules sales for 2023 through 2029. With Photovoltaics Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaics Modules industry.

This Insight Report provides a comprehensive analysis of the global Photovoltaics Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photovoltaics Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Photovoltaics Modules market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaics Modules and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photovoltaics Modules.

The global Photovoltaics Modules market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In Japan, Photovoltaics Modules key players include Sharp, Trina Solar, Yingli, JA Solar, Canadian Solar, etc. The top five manufacturers hold a share over 40%.

In terms of product, Single Crystal Silicon is the largest segment, with a share over 45%. And in terms of application, the largest application is Ground Mount, followed by Residential, Commercial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaics Modules market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Single Crystal Silicon

Polycrystalline Silicon

Others

Segmentation by application

Residential

Commercial

Ground Mount

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Sharp

JA Solar

Yingli

Trina Solar

Canadian Solar

Kyocera Solar

Solar Frontier

SFCE

ReneSola

Hanwha Solar

REC Group

First Solar

SunPower

Jinko Solar

Key Questions Addressed in this Report

What is the 10-year outlook for the global Photovoltaics Modules market?

What factors are driving Photovoltaics Modules market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Photovoltaics Modules market opportunities vary by end market size?

How does Photovoltaics Modules break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.