PV Module Market (Type: Crystalline Silicon and Amorphous Silicon; and Component: Solar Panels, Inverters, Batteries, and Solar Charge Controllers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

PV Module Market (Type: Crystalline Silicon and Amorphous Silicon; and Component: Solar Panels, Inverters, Batteries, and Solar Charge Controllers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031


PV Module Market – Scope of Report

TMR’s report on the global PV module market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global PV module market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global PV module market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the PV module market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global PV module market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global PV module market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global PV module market.

The report delves into the competitive landscape of the global PV module market. Key players operating in the global PV module market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global PV module market profiled in this report.

Key Questions Answered in Global PV module Market Report
  • What is the sales/revenue generated by PV module across all regions during the forecast period?
  • What are the opportunities in the global PV module market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
PV Module Market – Research Objectives and Research Approach

The comprehensive report on the global PV module market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global PV module market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global PV module market.


1. Preface
1.1. Market and Segment Definitions
1.2. Market Taxonomy
1.3. Research Methodology
1.4. Assumption and Acronyms
2. Executive Summary
2.1. Global PV Module Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Industry Automation Overview
4.2. Ecosystem Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
5. Global PV Module Market Analysis, by Type
5.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
5.1.1. Crystalline Silicon
5.1.1.1. Single-crystalline
5.1.1.2. Polycrystalline
5.1.2. Amorphous Silicon
5.1.3. Others
5.2. Market Attractiveness Analysis, by Type
6. Global PV Module Market Analysis, by Component
6.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
6.1.1. Solar Panels
6.1.2. Inverters
6.1.3. Batteries
6.1.4. Solar Charge Controllers
6.1.5. Others
6.2. Market Attractiveness Analysis, by Component
7. Global PV Module Market Analysis, by Mounting Type
7.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
7.1.1. Ground Mounted
7.1.2. Pole Mounted
7.1.3. Rooftop
7.2. Market Attractiveness Analysis, by Mounting Type
8. Global PV Module Market Analysis, by Connectivity
8.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
8.1.1. Grid-tied
8.1.2. Off-grid
8.2. Market Attractiveness Analysis, by Connectivity
9. Global PV Module Market Analysis and Forecast, by End-use Industry
9.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
9.1.1. Residential
9.1.2. Commercial
9.1.3. Industrial
10. Global PV Module Market Analysis and Forecast, by Region
10.1. PV Module Market Size (US$ Mn) Analysis & Forecast, by Region, 2017–2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Market Attractiveness Analysis, by Region
11. North America PV Module Market Analysis and Forecast
11.1. Market Snapshot
11.2. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
11.2.1. Crystalline Silicon
11.2.1.1. Single-crystalline
11.2.1.2. Polycrystalline
11.2.2. Amorphous Silicon
11.2.3. Others
11.3. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
11.3.1. Solar Panels
11.3.2. Inverters
11.3.3. Batteries
11.3.4. Solar Charge Controllers
11.3.5. Others
11.4. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
11.4.1. Ground Mounted
11.4.2. Pole Mounted
11.4.3. Rooftop
11.5. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
11.5.1. Grid-tied
11.5.2. Off-grid
11.6. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
11.6.1. Residential
11.6.2. Commercial
11.6.3. Industrial
11.7. PV Module Market Size (US$ Mn) Analysis & Forecast, by Country, 2017–2031
11.7.1. U.S.
11.7.2. Canada
11.7.3. Rest of North America
11.8. Market Attractiveness Analysis
11.8.1. By Type
11.8.2. By Component
11.8.3. By Mounting Type
11.8.4. By Connectivity
11.8.5. By End-use Industry
11.8.6. By Country
12. Europe PV Module Market Analysis and Forecast
12.1. Market Snapshot
12.2. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
12.2.1. Crystalline Silicon
12.2.1.1. Single-crystalline
12.2.1.2. Polycrystalline
12.2.2. Amorphous Silicon
12.2.3. Others
12.3. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
12.3.1. Solar Panels
12.3.2. Inverters
12.3.3. Batteries
12.3.4. Solar Charge Controllers
12.3.5. Others
12.4. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
12.4.1. Ground Mounted
12.4.2. Pole Mounted
12.4.3. Rooftop
12.5. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
12.5.1. Grid-tied
12.5.2. Off-grid
12.6. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
12.6.1. Residential
12.6.2. Commercial
12.6.3. Industrial
12.7. PV Module Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031
12.7.1. U.K.
12.7.2. Germany
12.7.3. France
12.7.4. Rest of Europe
12.8. Market Attractiveness Analysis
12.8.1. By Type
12.8.2. By Component
12.8.3. By Mounting Type
12.8.4. By Connectivity
12.8.5. By End-use Industry
12.8.6. By Country/Sub-region
13. Asia Pacific PV Module Market Analysis and Forecast
13.1. Market Snapshot
13.2. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
13.2.1. Crystalline Silicon
13.2.1.1. Single-crystalline
13.2.1.2. Polycrystalline
13.2.2. Amorphous Silicon
13.2.3. Others
13.3. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
13.3.1. Solar Panels
13.3.2. Inverters
13.3.3. Batteries
13.3.4. Solar Charge Controllers
13.3.5. Others
13.4. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
13.4.1. Ground Mounted
13.4.2. Pole Mounted
13.4.3. Rooftop
13.5. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
13.5.1. Grid-tied
13.5.2. Off-grid
13.6. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
13.6.1. Residential
13.6.2. Commercial
13.6.3. Industrial
13.7. PV Module Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031
13.7.1. China
13.7.2. Japan
13.7.3. India
13.7.4. South Korea
13.7.5. ASEAN
13.7.6. Rest of Asia Pacific
13.8. Market Attractiveness Analysis
13.8.1. By Type
13.8.2. By Component
13.8.3. By Mounting Type
13.8.4. By Connectivity
13.8.5. By End-use Industry
13.8.6. By Country/Sub-region
14. Middle East & Africa PV Module Market Analysis and Forecast
14.1. Market Snapshot
14.2. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
14.2.1. Crystalline Silicon
14.2.1.1. Single-crystalline
14.2.1.2. Polycrystalline
14.2.2. Amorphous Silicon
14.2.3. Others
14.3. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
14.3.1. Solar Panels
14.3.2. Inverters
14.3.3. Batteries
14.3.4. Solar Charge Controllers
14.3.5. Others
14.4. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
14.4.1. Ground Mounted
14.4.2. Pole Mounted
14.4.3. Rooftop
14.5. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
14.5.1. Grid-tied
14.5.2. Off-grid
14.6. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
14.6.1. Residential
14.6.2. Commercial
14.6.3. Industrial
14.7. PV Module Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031
14.7.1. GCC
14.7.2. South Africa
14.7.3. Rest of Middle East & Africa
14.8. Market Attractiveness Analysis
14.8.1. By Type
14.8.2. By Component
14.8.3. By Mounting Type
14.8.4. By Connectivity
14.8.5. By End-use Industry
14.8.6. By Country/Sub-region
15. South America PV Module Market Analysis and Forecast
15.1. Market Snapshot
15.2. PV Module Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
15.2.1. Crystalline Silicon
15.2.1.1. Single-crystalline
15.2.1.2. Polycrystalline
15.2.2. Amorphous Silicon
15.2.3. Others
15.3. PV Module Market Size (US$ Mn) Analysis & Forecast, by Component, 2017–2031
15.3.1. Solar Panels
15.3.2. Inverters
15.3.3. Batteries
15.3.4. Solar Charge Controllers
15.3.5. Others
15.4. PV Module Market Size (US$ Mn) Analysis & Forecast, by Mounting Type, 2017–2031
15.4.1. Ground Mounted
15.4.2. Pole Mounted
15.4.3. Rooftop
15.5. PV Module Market Size (US$ Mn) Analysis & Forecast, by Connectivity, 2017–2031
15.5.1. Grid-tied
15.5.2. Off-grid
15.6. PV Module Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
15.6.1. Residential
15.6.2. Commercial
15.6.3. Industrial
15.7. PV Module Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031
15.7.1. Brazil
15.7.2. Rest of South America
15.8. Market Attractiveness Analysis
15.8.1. By Type
15.8.2. By Component
15.8.3. By Mounting Type
15.8.4. By Connectivity
15.8.5. By End-use Industry
15.8.6. By Country/Sub-region
16. Competition Assessment
16.1. Global PV Module Market Competition Matrix - a Dashboard View
16.1.1. Global PV Module Market Company Share Analysis, by Value (2022)
16.1.2. Technological Differentiator
17. Company Profiles (Global Manufacturers/Suppliers)
17.1. First Solar, Inc.
17.1.1. Overview
17.1.2. Product Portfolio
17.1.3. Sales Footprint
17.1.4. Key Subsidiaries or Distributors
17.1.5. Strategy and Recent Developments
17.1.6. Key Financials
17.2. Jinko Solar
17.2.1. Overview
17.2.2. Product Portfolio
17.2.3. Sales Footprint
17.2.4. Key Subsidiaries or Distributors
17.2.5. Strategy and Recent Developments
17.2.6. Key Financials
17.3. Leonics Company Limited
17.3.1. Overview
17.3.2. Product Portfolio
17.3.3. Sales Footprint
17.3.4. Key Subsidiaries or Distributors
17.3.5. Strategy and Recent Developments
17.3.6. Key Financials
17.4. ITEK Green Technologies
17.4.1. Overview
17.4.2. Product Portfolio
17.4.3. Sales Footprint
17.4.4. Key Subsidiaries or Distributors
17.4.5. Strategy and Recent Developments
17.4.6. Key Financials
17.5. Canadian Solar Inc.
17.5.1. Overview
17.5.2. Product Portfolio
17.5.3. Sales Footprint
17.5.4. Key Subsidiaries or Distributors
17.5.5. Strategy and Recent Developments
17.5.6. Key Financials
17.6. GCL-TECH
17.6.1. Overview
17.6.2. Product Portfolio
17.6.3. Sales Footprint
17.6.4. Key Subsidiaries or Distributors
17.6.5. Strategy and Recent Developments
17.6.6. Key Financials
17.7. RENESOLA
17.7.1. Overview
17.7.2. Product Portfolio
17.7.3. Sales Footprint
17.7.4. Key Subsidiaries or Distributors
17.7.5. Strategy and Recent Developments
17.7.6. Key Financials
17.8. Trina Solar
17.8.1. Overview
17.8.2. Product Portfolio
17.8.3. Sales Footprint
17.8.4. Key Subsidiaries or Distributors
17.8.5. Strategy and Recent Developments
17.8.6. Key Financials
17.9. AESOLAR
17.9.1. Overview
17.9.2. Product Portfolio
17.9.3. Sales Footprint
17.9.4. Key Subsidiaries or Distributors
17.9.5. Strategy and Recent Developments
17.9.6. Key Financials
17.10. Wuxi Suntech Power Co., Ltd.
17.10.1. Overview
17.10.2. Product Portfolio
17.10.3. Sales Footprint
17.10.4. Key Subsidiaries or Distributors
17.10.5. Strategy and Recent Developments
17.10.6. Key Financials
18. Go to Market Strategy
18.1. Identification of Potential Market Spaces
18.2. Preferred Sales & Marketing Strategy

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