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Global Solar Cells and Modules Market Research Report 2024
Synopsis
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.
The global Solar Cells and Modules market was valued at US$ 37080 million in 2023 and is anticipated to reach US$ 69150 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Solar Cells and Modules market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Cells and Modules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Cells and Modules manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Segment by Application
PV Power Station
Commercial
Residential
Others
Production by Region
North America
Europe
China
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Cells and Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Cells and Modules by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Solar Cells and Modules market was valued at US$ 37080 million in 2023 and is anticipated to reach US$ 69150 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Solar Cells and Modules market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Cells and Modules market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Cells and Modules manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Segment by Application
PV Power Station
Commercial
Residential
Others
Production by Region
North America
Europe
China
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Cells and Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Cells and Modules by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Solar Cells and Modules Market Overview
1.1 Product Definition
1.2 Solar Cells and Modules Segment by Type
1.2.1 Global Solar Cells and Modules Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Mono-Si Modules
1.2.3 Multi-Si Modules
1.2.4 CdTe Modules
1.2.5 CIGS Modules
1.2.6 A-Si Modules
1.2.7 Others
1.3 Solar Cells and Modules Segment by Application
1.3.1 Global Solar Cells and Modules Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 PV Power Station
1.3.3 Commercial
1.3.4 Residential
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Solar Cells and Modules Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solar Cells and Modules Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solar Cells and Modules Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solar Cells and Modules Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar Cells and Modules Production Market Share by Manufacturers (2019-2024)
2.2 Global Solar Cells and Modules Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solar Cells and Modules, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solar Cells and Modules Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solar Cells and Modules Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solar Cells and Modules, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar Cells and Modules, Product Offered and Application
2.8 Global Key Manufacturers of Solar Cells and Modules, Date of Enter into This Industry
2.9 Solar Cells and Modules Market Competitive Situation and Trends
2.9.1 Solar Cells and Modules Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar Cells and Modules Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar Cells and Modules Production by Region
3.1 Global Solar Cells and Modules Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solar Cells and Modules Production Value by Region (2019-2030)
3.2.1 Global Solar Cells and Modules Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solar Cells and Modules by Region (2025-2030)
3.3 Global Solar Cells and Modules Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solar Cells and Modules Production by Region (2019-2030)
3.4.1 Global Solar Cells and Modules Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solar Cells and Modules by Region (2025-2030)
3.5 Global Solar Cells and Modules Market Price Analysis by Region (2019-2024)
3.6 Global Solar Cells and Modules Production and Value, Year-over-Year Growth
3.6.1 North America Solar Cells and Modules Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solar Cells and Modules Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solar Cells and Modules Production Value Estimates and Forecasts (2019-2030)
3.6.4 South Korea Solar Cells and Modules Production Value Estimates and Forecasts (2019-2030)
4 Solar Cells and Modules Consumption by Region
4.1 Global Solar Cells and Modules Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solar Cells and Modules Consumption by Region (2019-2030)
4.2.1 Global Solar Cells and Modules Consumption by Region (2019-2024)
4.2.2 Global Solar Cells and Modules Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solar Cells and Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solar Cells and Modules Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar Cells and Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solar Cells and Modules Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solar Cells and Modules Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solar Cells and Modules Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solar Cells and Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solar Cells and Modules Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solar Cells and Modules Production by Type (2019-2030)
5.1.1 Global Solar Cells and Modules Production by Type (2019-2024)
5.1.2 Global Solar Cells and Modules Production by Type (2025-2030)
5.1.3 Global Solar Cells and Modules Production Market Share by Type (2019-2030)
5.2 Global Solar Cells and Modules Production Value by Type (2019-2030)
5.2.1 Global Solar Cells and Modules Production Value by Type (2019-2024)
5.2.2 Global Solar Cells and Modules Production Value by Type (2025-2030)
5.2.3 Global Solar Cells and Modules Production Value Market Share by Type (2019-2030)
5.3 Global Solar Cells and Modules Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solar Cells and Modules Production by Application (2019-2030)
6.1.1 Global Solar Cells and Modules Production by Application (2019-2024)
6.1.2 Global Solar Cells and Modules Production by Application (2025-2030)
6.1.3 Global Solar Cells and Modules Production Market Share by Application (2019-2030)
6.2 Global Solar Cells and Modules Production Value by Application (2019-2030)
6.2.1 Global Solar Cells and Modules Production Value by Application (2019-2024)
6.2.2 Global Solar Cells and Modules Production Value by Application (2025-2030)
6.2.3 Global Solar Cells and Modules Production Value Market Share by Application (2019-2030)
6.3 Global Solar Cells and Modules Price by Application (2019-2030)
7 Key Companies Profiled
7.1 JinkoSolar
7.1.1 JinkoSolar Solar Cells and Modules Corporation Information
7.1.2 JinkoSolar Solar Cells and Modules Product Portfolio
7.1.3 JinkoSolar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.1.4 JinkoSolar Main Business and Markets Served
7.1.5 JinkoSolar Recent Developments/Updates
7.2 LONGi
7.2.1 LONGi Solar Cells and Modules Corporation Information
7.2.2 LONGi Solar Cells and Modules Product Portfolio
7.2.3 LONGi Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.2.4 LONGi Main Business and Markets Served
7.2.5 LONGi Recent Developments/Updates
7.3 JA Solar
7.3.1 JA Solar Solar Cells and Modules Corporation Information
7.3.2 JA Solar Solar Cells and Modules Product Portfolio
7.3.3 JA Solar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.3.4 JA Solar Main Business and Markets Served
7.3.5 JA Solar Recent Developments/Updates
7.4 First Solar
7.4.1 First Solar Solar Cells and Modules Corporation Information
7.4.2 First Solar Solar Cells and Modules Product Portfolio
7.4.3 First Solar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.4.4 First Solar Main Business and Markets Served
7.4.5 First Solar Recent Developments/Updates
7.5 Canadian Solar
7.5.1 Canadian Solar Solar Cells and Modules Corporation Information
7.5.2 Canadian Solar Solar Cells and Modules Product Portfolio
7.5.3 Canadian Solar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Canadian Solar Main Business and Markets Served
7.5.5 Canadian Solar Recent Developments/Updates
7.6 Trina Solar
7.6.1 Trina Solar Solar Cells and Modules Corporation Information
7.6.2 Trina Solar Solar Cells and Modules Product Portfolio
7.6.3 Trina Solar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Trina Solar Main Business and Markets Served
7.6.5 Trina Solar Recent Developments/Updates
7.7 Hanwha Solutions
7.7.1 Hanwha Solutions Solar Cells and Modules Corporation Information
7.7.2 Hanwha Solutions Solar Cells and Modules Product Portfolio
7.7.3 Hanwha Solutions Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hanwha Solutions Main Business and Markets Served
7.7.5 Hanwha Solutions Recent Developments/Updates
7.8 Risen Energy
7.8.1 Risen Energy Solar Cells and Modules Corporation Information
7.8.2 Risen Energy Solar Cells and Modules Product Portfolio
7.8.3 Risen Energy Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Risen Energy Main Business and Markets Served
7.7.5 Risen Energy Recent Developments/Updates
7.9 Seraphim
7.9.1 Seraphim Solar Cells and Modules Corporation Information
7.9.2 Seraphim Solar Cells and Modules Product Portfolio
7.9.3 Seraphim Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Seraphim Main Business and Markets Served
7.9.5 Seraphim Recent Developments/Updates
7.10 SunPower
7.10.1 SunPower Solar Cells and Modules Corporation Information
7.10.2 SunPower Solar Cells and Modules Product Portfolio
7.10.3 SunPower Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SunPower Main Business and Markets Served
7.10.5 SunPower Recent Developments/Updates
7.11 Chint Electrics
7.11.1 Chint Electrics Solar Cells and Modules Corporation Information
7.11.2 Chint Electrics Solar Cells and Modules Product Portfolio
7.11.3 Chint Electrics Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Chint Electrics Main Business and Markets Served
7.11.5 Chint Electrics Recent Developments/Updates
7.12 Solargiga
7.12.1 Solargiga Solar Cells and Modules Corporation Information
7.12.2 Solargiga Solar Cells and Modules Product Portfolio
7.12.3 Solargiga Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Solargiga Main Business and Markets Served
7.12.5 Solargiga Recent Developments/Updates
7.13 Shunfeng
7.13.1 Shunfeng Solar Cells and Modules Corporation Information
7.13.2 Shunfeng Solar Cells and Modules Product Portfolio
7.13.3 Shunfeng Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Shunfeng Main Business and Markets Served
7.13.5 Shunfeng Recent Developments/Updates
7.14 LG Business Solutions
7.14.1 LG Business Solutions Solar Cells and Modules Corporation Information
7.14.2 LG Business Solutions Solar Cells and Modules Product Portfolio
7.14.3 LG Business Solutions Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.14.4 LG Business Solutions Main Business and Markets Served
7.14.5 LG Business Solutions Recent Developments/Updates
7.15 Jinergy
7.15.1 Jinergy Solar Cells and Modules Corporation Information
7.15.2 Jinergy Solar Cells and Modules Product Portfolio
7.15.3 Jinergy Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Jinergy Main Business and Markets Served
7.15.5 Jinergy Recent Developments/Updates
7.16 GCL System
7.16.1 GCL System Solar Cells and Modules Corporation Information
7.16.2 GCL System Solar Cells and Modules Product Portfolio
7.16.3 GCL System Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.16.4 GCL System Main Business and Markets Served
7.16.5 GCL System Recent Developments/Updates
7.17 EGing PV
7.17.1 EGing PV Solar Cells and Modules Corporation Information
7.17.2 EGing PV Solar Cells and Modules Product Portfolio
7.17.3 EGing PV Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.17.4 EGing PV Main Business and Markets Served
7.17.5 EGing PV Recent Developments/Updates
7.18 Jolywood
7.18.1 Jolywood Solar Cells and Modules Corporation Information
7.18.2 Jolywood Solar Cells and Modules Product Portfolio
7.18.3 Jolywood Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Jolywood Main Business and Markets Served
7.18.5 Jolywood Recent Developments/Updates
7.19 Talesun Solar
7.19.1 Talesun Solar Solar Cells and Modules Corporation Information
7.19.2 Talesun Solar Solar Cells and Modules Product Portfolio
7.19.3 Talesun Solar Solar Cells and Modules Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Talesun Solar Main Business and Markets Served
7.19.5 Talesun Solar Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar Cells and Modules Industry Chain Analysis
8.2 Solar Cells and Modules Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar Cells and Modules Production Mode & Process
8.4 Solar Cells and Modules Sales and Marketing
8.4.1 Solar Cells and Modules Sales Channels
8.4.2 Solar Cells and Modules Distributors
8.5 Solar Cells and Modules Customers
9 Solar Cells and Modules Market Dynamics
9.1 Solar Cells and Modules Industry Trends
9.2 Solar Cells and Modules Market Drivers
9.3 Solar Cells and Modules Market Challenges
9.4 Solar Cells and Modules Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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