Global Solar Cell (Photovoltaic) Module Market Growth 2025-2031

Global Solar Cell (Photovoltaic) Module Market Growth 2025-2031

The global Solar Cell (Photovoltaic) Module market size is predicted to grow from US$ 47930 million in 2025 to US$ 90640 million in 2031; it is expected to grow at a CAGR of 11.2% from 2025 to 2031.

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.

Asia-Pacific has the largest global export quantity and manufacturers in Solar Modules market, while the Europe is the second sales volume market for Solar Modules in 2019.

In the industry, JinkoSolar shipments most in 2019 and recent years, while JA Solar and Canadian Solar ranked 2 and 3. The gap of

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.

LP Information, Inc. (LPI) ' newest research report, the “Solar Cell (Photovoltaic) Module Industry Forecast” looks at past sales and reviews total world Solar Cell (Photovoltaic) Module sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Cell (Photovoltaic) Module sales for 2025 through 2031. With Solar Cell (Photovoltaic) Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Cell (Photovoltaic) Module industry.

This Insight Report provides a comprehensive analysis of the global Solar Cell (Photovoltaic) Module 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 Solar Cell (Photovoltaic) Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Cell (Photovoltaic) Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Cell (Photovoltaic) Module 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 Solar Cell (Photovoltaic) Module.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Cell (Photovoltaic) Module market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
a-Si Modules
Others

Segmentation by Application:
PV Power Station
Commercial
Residential
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 analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solar Cell (Photovoltaic) Module market?

What factors are driving Solar Cell (Photovoltaic) Module market growth, globally and by region?

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

How do Solar Cell (Photovoltaic) Module market opportunities vary by end market size?

How does Solar Cell (Photovoltaic) Module break out by Type, by Application?

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