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Synopsis
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
The global Solar PV market was valued at US$ 48630 million in 2023 and is anticipated to reach US$ 55570 million by 2030, witnessing a CAGR of 1.9% during the forecast period 2024-2030.
The major players in global Solar PV market include Hanwha, Sharp, First Solar, etc., and the market concentration rate is low. China and Japan are main markets, they occupy about 50% of the global market. Crystalline Silicon is the main type, with a share about 90%. Ground Station is the main application, which holds a share over 60%.
This report aims to provide a comprehensive presentation of the global market for Solar PV, 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 PV.
Report Scope
The Solar PV market size, estimations, and forecasts are provided in terms of output/shipments (GWh) 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 PV 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 PV 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
Hanwha
Sharp
First Solar
Kyocera Solar
SunPower
REC Group
Solar Frontier
Solarworld
NSP
SoloPower
Trina Solar
Yingli
Canadian Solar
Jinko Solar
JA Solar
ReneSola
Shunfeng
Chint Group
Hareonsolar
Eging PV
Risen
HT-SAAE
CSUN
BYD
Hanergy
Segment by Type
Crystalline Silicon
Compound Type
Others
Segment by Application
Residential
Commercial
Ground Station
Production by Region
North America
Europe
China
Japan
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 PV manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar PV 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 PV 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.
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
The global Solar PV market was valued at US$ 48630 million in 2023 and is anticipated to reach US$ 55570 million by 2030, witnessing a CAGR of 1.9% during the forecast period 2024-2030.
The major players in global Solar PV market include Hanwha, Sharp, First Solar, etc., and the market concentration rate is low. China and Japan are main markets, they occupy about 50% of the global market. Crystalline Silicon is the main type, with a share about 90%. Ground Station is the main application, which holds a share over 60%.
This report aims to provide a comprehensive presentation of the global market for Solar PV, 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 PV.
Report Scope
The Solar PV market size, estimations, and forecasts are provided in terms of output/shipments (GWh) 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 PV 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 PV 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
Hanwha
Sharp
First Solar
Kyocera Solar
SunPower
REC Group
Solar Frontier
Solarworld
NSP
SoloPower
Trina Solar
Yingli
Canadian Solar
Jinko Solar
JA Solar
ReneSola
Shunfeng
Chint Group
Hareonsolar
Eging PV
Risen
HT-SAAE
CSUN
BYD
Hanergy
Segment by Type
Crystalline Silicon
Compound Type
Others
Segment by Application
Residential
Commercial
Ground Station
Production by Region
North America
Europe
China
Japan
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 PV manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar PV 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 PV 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 PV Market Overview
1.1 Product Definition
1.2 Solar PV Segment by Type
1.2.1 Global Solar PV Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Crystalline Silicon
1.2.3 Compound Type
1.2.4 Others
1.3 Solar PV Segment by Application
1.3.1 Global Solar PV Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Ground Station
1.4 Global Market Growth Prospects
1.4.1 Global Solar PV Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solar PV Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solar PV Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solar PV Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar PV Production Market Share by Manufacturers (2019-2024)
2.2 Global Solar PV Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solar PV, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solar PV Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solar PV Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solar PV, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar PV, Product Offered and Application
2.8 Global Key Manufacturers of Solar PV, Date of Enter into This Industry
2.9 Solar PV Market Competitive Situation and Trends
2.9.1 Solar PV Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar PV Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar PV Production by Region
3.1 Global Solar PV Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solar PV Production Value by Region (2019-2030)
3.2.1 Global Solar PV Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solar PV by Region (2025-2030)
3.3 Global Solar PV Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solar PV Production by Region (2019-2030)
3.4.1 Global Solar PV Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solar PV by Region (2025-2030)
3.5 Global Solar PV Market Price Analysis by Region (2019-2024)
3.6 Global Solar PV Production and Value, Year-over-Year Growth
3.6.1 North America Solar PV Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solar PV Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solar PV Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Solar PV Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Solar PV Production Value Estimates and Forecasts (2019-2030)
4 Solar PV Consumption by Region
4.1 Global Solar PV Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solar PV Consumption by Region (2019-2030)
4.2.1 Global Solar PV Consumption by Region (2019-2024)
4.2.2 Global Solar PV Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solar PV Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solar PV Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar PV Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solar PV 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 PV Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solar PV 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 PV Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solar PV 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 PV Production by Type (2019-2030)
5.1.1 Global Solar PV Production by Type (2019-2024)
5.1.2 Global Solar PV Production by Type (2025-2030)
5.1.3 Global Solar PV Production Market Share by Type (2019-2030)
5.2 Global Solar PV Production Value by Type (2019-2030)
5.2.1 Global Solar PV Production Value by Type (2019-2024)
5.2.2 Global Solar PV Production Value by Type (2025-2030)
5.2.3 Global Solar PV Production Value Market Share by Type (2019-2030)
5.3 Global Solar PV Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solar PV Production by Application (2019-2030)
6.1.1 Global Solar PV Production by Application (2019-2024)
6.1.2 Global Solar PV Production by Application (2025-2030)
6.1.3 Global Solar PV Production Market Share by Application (2019-2030)
6.2 Global Solar PV Production Value by Application (2019-2030)
6.2.1 Global Solar PV Production Value by Application (2019-2024)
6.2.2 Global Solar PV Production Value by Application (2025-2030)
6.2.3 Global Solar PV Production Value Market Share by Application (2019-2030)
6.3 Global Solar PV Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hanwha
7.1.1 Hanwha Solar PV Corporation Information
7.1.2 Hanwha Solar PV Product Portfolio
7.1.3 Hanwha Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hanwha Main Business and Markets Served
7.1.5 Hanwha Recent Developments/Updates
7.2 Sharp
7.2.1 Sharp Solar PV Corporation Information
7.2.2 Sharp Solar PV Product Portfolio
7.2.3 Sharp Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Sharp Main Business and Markets Served
7.2.5 Sharp Recent Developments/Updates
7.3 First Solar
7.3.1 First Solar Solar PV Corporation Information
7.3.2 First Solar Solar PV Product Portfolio
7.3.3 First Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.3.4 First Solar Main Business and Markets Served
7.3.5 First Solar Recent Developments/Updates
7.4 Kyocera Solar
7.4.1 Kyocera Solar Solar PV Corporation Information
7.4.2 Kyocera Solar Solar PV Product Portfolio
7.4.3 Kyocera Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kyocera Solar Main Business and Markets Served
7.4.5 Kyocera Solar Recent Developments/Updates
7.5 SunPower
7.5.1 SunPower Solar PV Corporation Information
7.5.2 SunPower Solar PV Product Portfolio
7.5.3 SunPower Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SunPower Main Business and Markets Served
7.5.5 SunPower Recent Developments/Updates
7.6 REC Group
7.6.1 REC Group Solar PV Corporation Information
7.6.2 REC Group Solar PV Product Portfolio
7.6.3 REC Group Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.6.4 REC Group Main Business and Markets Served
7.6.5 REC Group Recent Developments/Updates
7.7 Solar Frontier
7.7.1 Solar Frontier Solar PV Corporation Information
7.7.2 Solar Frontier Solar PV Product Portfolio
7.7.3 Solar Frontier Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Solar Frontier Main Business and Markets Served
7.7.5 Solar Frontier Recent Developments/Updates
7.8 Solarworld
7.8.1 Solarworld Solar PV Corporation Information
7.8.2 Solarworld Solar PV Product Portfolio
7.8.3 Solarworld Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Solarworld Main Business and Markets Served
7.7.5 Solarworld Recent Developments/Updates
7.9 NSP
7.9.1 NSP Solar PV Corporation Information
7.9.2 NSP Solar PV Product Portfolio
7.9.3 NSP Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.9.4 NSP Main Business and Markets Served
7.9.5 NSP Recent Developments/Updates
7.10 SoloPower
7.10.1 SoloPower Solar PV Corporation Information
7.10.2 SoloPower Solar PV Product Portfolio
7.10.3 SoloPower Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SoloPower Main Business and Markets Served
7.10.5 SoloPower Recent Developments/Updates
7.11 Trina Solar
7.11.1 Trina Solar Solar PV Corporation Information
7.11.2 Trina Solar Solar PV Product Portfolio
7.11.3 Trina Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Trina Solar Main Business and Markets Served
7.11.5 Trina Solar Recent Developments/Updates
7.12 Yingli
7.12.1 Yingli Solar PV Corporation Information
7.12.2 Yingli Solar PV Product Portfolio
7.12.3 Yingli Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Yingli Main Business and Markets Served
7.12.5 Yingli Recent Developments/Updates
7.13 Canadian Solar
7.13.1 Canadian Solar Solar PV Corporation Information
7.13.2 Canadian Solar Solar PV Product Portfolio
7.13.3 Canadian Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Canadian Solar Main Business and Markets Served
7.13.5 Canadian Solar Recent Developments/Updates
7.14 Jinko Solar
7.14.1 Jinko Solar Solar PV Corporation Information
7.14.2 Jinko Solar Solar PV Product Portfolio
7.14.3 Jinko Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Jinko Solar Main Business and Markets Served
7.14.5 Jinko Solar Recent Developments/Updates
7.15 JA Solar
7.15.1 JA Solar Solar PV Corporation Information
7.15.2 JA Solar Solar PV Product Portfolio
7.15.3 JA Solar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.15.4 JA Solar Main Business and Markets Served
7.15.5 JA Solar Recent Developments/Updates
7.16 ReneSola
7.16.1 ReneSola Solar PV Corporation Information
7.16.2 ReneSola Solar PV Product Portfolio
7.16.3 ReneSola Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.16.4 ReneSola Main Business and Markets Served
7.16.5 ReneSola Recent Developments/Updates
7.17 Shunfeng
7.17.1 Shunfeng Solar PV Corporation Information
7.17.2 Shunfeng Solar PV Product Portfolio
7.17.3 Shunfeng Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Shunfeng Main Business and Markets Served
7.17.5 Shunfeng Recent Developments/Updates
7.18 Chint Group
7.18.1 Chint Group Solar PV Corporation Information
7.18.2 Chint Group Solar PV Product Portfolio
7.18.3 Chint Group Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Chint Group Main Business and Markets Served
7.18.5 Chint Group Recent Developments/Updates
7.19 Hareonsolar
7.19.1 Hareonsolar Solar PV Corporation Information
7.19.2 Hareonsolar Solar PV Product Portfolio
7.19.3 Hareonsolar Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Hareonsolar Main Business and Markets Served
7.19.5 Hareonsolar Recent Developments/Updates
7.20 Eging PV
7.20.1 Eging PV Solar PV Corporation Information
7.20.2 Eging PV Solar PV Product Portfolio
7.20.3 Eging PV Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Eging PV Main Business and Markets Served
7.20.5 Eging PV Recent Developments/Updates
7.21 Risen
7.21.1 Risen Solar PV Corporation Information
7.21.2 Risen Solar PV Product Portfolio
7.21.3 Risen Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Risen Main Business and Markets Served
7.21.5 Risen Recent Developments/Updates
7.22 HT-SAAE
7.22.1 HT-SAAE Solar PV Corporation Information
7.22.2 HT-SAAE Solar PV Product Portfolio
7.22.3 HT-SAAE Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.22.4 HT-SAAE Main Business and Markets Served
7.22.5 HT-SAAE Recent Developments/Updates
7.23 CSUN
7.23.1 CSUN Solar PV Corporation Information
7.23.2 CSUN Solar PV Product Portfolio
7.23.3 CSUN Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.23.4 CSUN Main Business and Markets Served
7.23.5 CSUN Recent Developments/Updates
7.24 BYD
7.24.1 BYD Solar PV Corporation Information
7.24.2 BYD Solar PV Product Portfolio
7.24.3 BYD Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.24.4 BYD Main Business and Markets Served
7.24.5 BYD Recent Developments/Updates
7.25 Hanergy
7.25.1 Hanergy Solar PV Corporation Information
7.25.2 Hanergy Solar PV Product Portfolio
7.25.3 Hanergy Solar PV Production, Value, Price and Gross Margin (2019-2024)
7.25.4 Hanergy Main Business and Markets Served
7.25.5 Hanergy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar PV Industry Chain Analysis
8.2 Solar PV Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar PV Production Mode & Process
8.4 Solar PV Sales and Marketing
8.4.1 Solar PV Sales Channels
8.4.2 Solar PV Distributors
8.5 Solar PV Customers
9 Solar PV Market Dynamics
9.1 Solar PV Industry Trends
9.2 Solar PV Market Drivers
9.3 Solar PV Market Challenges
9.4 Solar PV 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
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