Solar Cells and Modules Market

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.

Solar Cells and Modules Market contains market size and forecasts of Solar Cells and Modules in global, including the following market information:

Global Solar Cells and Modules Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Solar Cells and Modules Market Sales, 2017-2022, 2023-2028, (MW)

Global top five Solar Cells and Modules companies in 2021 (%)

The global Solar Cells and Modules market was valued at 38150 million in 2021 and is projected to reach US$ 68870 million by 2028, at a CAGR of 8.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mono-Si Modules Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Solar Cells and Modules include JinkoSolar, LONGi, JA Solar, First Solar, Canadian Solar, Trina Solar, Hanwha Solutions, Risen Energy and Seraphim, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Solar Cells and Modules manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solar Cells and Modules Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Solar Cells and Modules Market Segment Percentages, by Type, 2021 (%)

Mono-Si Modules

Multi-Si Modules

CdTe Modules

CIGS Modules

A-Si Modules

Others

Global Solar Cells and Modules Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Solar Cells and Modules Market Segment Percentages, by Application, 2021 (%)

PV Power Station

Commercial

Residential

Others

Global Solar Cells and Modules Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Solar Cells and Modules Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Solar Cells and Modules revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Solar Cells and Modules revenues share in global market, 2021 (%)

Key companies Solar Cells and Modules sales in global market, 2017-2022 (Estimated), (MW)

Key companies Solar Cells and Modules sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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