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 aims to provide a comprehensive presentation of the global market for Solar Cells and Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Cells and Modules. 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, 2018-2023, 2024-2029, ($ millions)
Global Solar Cells and Modules Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Solar Cells and Modules companies in 2022 (%)
The global Solar Cells and Modules market was valued at US$ 38150 million in 2022 and is projected to reach US$ 68870 million by 2029, at a CAGR of 8.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Solar Cells and Modules Market Segment Percentages, by Type, 2022 (%)
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Global Solar Cells and Modules Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Solar Cells and Modules Market Segment Percentages, by Application, 2022 (%)
PV Power Station
Commercial
Residential
Others
Global Solar Cells and Modules Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Solar Cells and Modules Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (Estimated), ($ millions)
Key companies Solar Cells and Modules revenues share in global market, 2022 (%)
Key companies Solar Cells and Modules sales in global market, 2018-2023 (Estimated), (MW)
Key companies Solar Cells and Modules sales share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar Cells and Modules, market overview.
Chapter 2: Global Solar Cells and Modules market size in revenue and volume.
Chapter 3: Detailed analysis of Solar Cells and Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Solar Cells and Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Solar Cells and Modules capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.