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Solar Cell Component-Global Market Insights and Sales Trends 2024
Synopsis
The global Solar Cell Component market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Cell Component in various end use industries. The expanding demands from the Commercial and Residential, are propelling Solar Cell Component market. Silicon Piece, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Photovoltaic Bracket segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.200 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Cell Component, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Cell Component market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Cell Component market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Cell Component sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Cell Component covered in this report include Meccosun, JingYing PV-TECH, Akcome Group, First Energy, Taizhou Huiyu New Energy Development, 1 Solar Solution, 174 Power Global Corporation, A tech Corp and A&R Solar, etc.
The global Solar Cell Component market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Meccosun
JingYing PV-TECH
Akcome Group
First Energy
Taizhou Huiyu New Energy Development
1 Solar Solution
174 Power Global Corporation
A tech Corp
A&R Solar
GAIN SOLAR
MBC Solar Energy
Csunpower
Global Solar Cell Component market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Cell Component market, Segment by Type:
Silicon Piece
Photovoltaic Bracket
Solar Panels
Global Solar Cell Component market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Cell Component manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Cell Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Solar Cell Component market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Solar Cell Component in various end use industries. The expanding demands from the Commercial and Residential, are propelling Solar Cell Component market. Silicon Piece, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Photovoltaic Bracket segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.200 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Cell Component, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Cell Component market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Cell Component market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Cell Component sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Solar Cell Component covered in this report include Meccosun, JingYing PV-TECH, Akcome Group, First Energy, Taizhou Huiyu New Energy Development, 1 Solar Solution, 174 Power Global Corporation, A tech Corp and A&R Solar, etc.
The global Solar Cell Component market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Meccosun
JingYing PV-TECH
Akcome Group
First Energy
Taizhou Huiyu New Energy Development
1 Solar Solution
174 Power Global Corporation
A tech Corp
A&R Solar
GAIN SOLAR
MBC Solar Energy
Csunpower
Global Solar Cell Component market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Solar Cell Component market, Segment by Type:
Silicon Piece
Photovoltaic Bracket
Solar Panels
Global Solar Cell Component market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Cell Component manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Cell Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Solar Cell Component Market Overview
1.1 Solar Cell Component Product Overview
1.2 Solar Cell Component Market Segment by Type
1.2.1 Silicon Piece
1.2.2 Photovoltaic Bracket
1.2.3 Solar Panels
1.3 Global Solar Cell Component Market Size by Type
1.3.1 Global Solar Cell Component Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Cell Component Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Cell Component Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Cell Component Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Cell Component Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Cell Component Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Cell Component Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Cell Component Sales Breakdown by Type (2018-2023)
2 Global Solar Cell Component Market Competition by Company
2.1 Global Top Players by Solar Cell Component Sales (2018-2023)
2.2 Global Top Players by Solar Cell Component Revenue (2018-2023)
2.3 Global Top Players by Solar Cell Component Price (2018-2023)
2.4 Global Top Manufacturers Solar Cell Component Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Cell Component Market Competitive Situation and Trends
2.5.1 Solar Cell Component Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Cell Component Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Cell Component as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Cell Component Market
2.8 Key Manufacturers Solar Cell Component Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Cell Component Status and Outlook by Region
3.1 Global Solar Cell Component Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Cell Component Historic Market Size by Region
3.2.1 Global Solar Cell Component Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Cell Component Sales in Value by Region (2018-2023)
3.2.3 Global Solar Cell Component Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Cell Component Forecasted Market Size by Region
3.3.1 Global Solar Cell Component Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Cell Component Sales in Value by Region (2024-2029)
3.3.3 Global Solar Cell Component Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Cell Component by Application
4.1 Solar Cell Component Market Segment by Application
4.1.1 Commercial
4.1.2 Residential
4.2 Global Solar Cell Component Market Size by Application
4.2.1 Global Solar Cell Component Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Cell Component Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Cell Component Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Cell Component Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Cell Component Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Cell Component Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Cell Component Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Cell Component Sales Breakdown by Application (2018-2023)
5 North America Solar Cell Component by Country
5.1 North America Solar Cell Component Historic Market Size by Country
5.1.1 North America Solar Cell Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Cell Component Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Cell Component Sales in Value by Country (2018-2023)
5.2 North America Solar Cell Component Forecasted Market Size by Country
5.2.1 North America Solar Cell Component Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Cell Component Sales in Value by Country (2024-2029)
6 Europe Solar Cell Component by Country
6.1 Europe Solar Cell Component Historic Market Size by Country
6.1.1 Europe Solar Cell Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Cell Component Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Cell Component Sales in Value by Country (2018-2023)
6.2 Europe Solar Cell Component Forecasted Market Size by Country
6.2.1 Europe Solar Cell Component Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Cell Component Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Cell Component by Region
7.1 Asia-Pacific Solar Cell Component Historic Market Size by Region
7.1.1 Asia-Pacific Solar Cell Component Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Cell Component Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Cell Component Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Cell Component Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Cell Component Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Cell Component Sales in Value by Region (2024-2029)
8 Latin America Solar Cell Component by Country
8.1 Latin America Solar Cell Component Historic Market Size by Country
8.1.1 Latin America Solar Cell Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Cell Component Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Cell Component Sales in Value by Country (2018-2023)
8.2 Latin America Solar Cell Component Forecasted Market Size by Country
8.2.1 Latin America Solar Cell Component Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Cell Component Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Cell Component by Country
9.1 Middle East and Africa Solar Cell Component Historic Market Size by Country
9.1.1 Middle East and Africa Solar Cell Component Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Cell Component Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Cell Component Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Cell Component Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Cell Component Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Cell Component Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Meccosun
10.1.1 Meccosun Company Information
10.1.2 Meccosun Introduction and Business Overview
10.1.3 Meccosun Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Meccosun Solar Cell Component Products Offered
10.1.5 Meccosun Recent Development
10.2 JingYing PV-TECH
10.2.1 JingYing PV-TECH Company Information
10.2.2 JingYing PV-TECH Introduction and Business Overview
10.2.3 JingYing PV-TECH Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.2.4 JingYing PV-TECH Solar Cell Component Products Offered
10.2.5 JingYing PV-TECH Recent Development
10.3 Akcome Group
10.3.1 Akcome Group Company Information
10.3.2 Akcome Group Introduction and Business Overview
10.3.3 Akcome Group Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Akcome Group Solar Cell Component Products Offered
10.3.5 Akcome Group Recent Development
10.4 First Energy
10.4.1 First Energy Company Information
10.4.2 First Energy Introduction and Business Overview
10.4.3 First Energy Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.4.4 First Energy Solar Cell Component Products Offered
10.4.5 First Energy Recent Development
10.5 Taizhou Huiyu New Energy Development
10.5.1 Taizhou Huiyu New Energy Development Company Information
10.5.2 Taizhou Huiyu New Energy Development Introduction and Business Overview
10.5.3 Taizhou Huiyu New Energy Development Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Taizhou Huiyu New Energy Development Solar Cell Component Products Offered
10.5.5 Taizhou Huiyu New Energy Development Recent Development
10.6 1 Solar Solution
10.6.1 1 Solar Solution Company Information
10.6.2 1 Solar Solution Introduction and Business Overview
10.6.3 1 Solar Solution Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.6.4 1 Solar Solution Solar Cell Component Products Offered
10.6.5 1 Solar Solution Recent Development
10.7 174 Power Global Corporation
10.7.1 174 Power Global Corporation Company Information
10.7.2 174 Power Global Corporation Introduction and Business Overview
10.7.3 174 Power Global Corporation Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.7.4 174 Power Global Corporation Solar Cell Component Products Offered
10.7.5 174 Power Global Corporation Recent Development
10.8 A tech Corp
10.8.1 A tech Corp Company Information
10.8.2 A tech Corp Introduction and Business Overview
10.8.3 A tech Corp Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.8.4 A tech Corp Solar Cell Component Products Offered
10.8.5 A tech Corp Recent Development
10.9 A&R Solar
10.9.1 A&R Solar Company Information
10.9.2 A&R Solar Introduction and Business Overview
10.9.3 A&R Solar Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.9.4 A&R Solar Solar Cell Component Products Offered
10.9.5 A&R Solar Recent Development
10.10 GAIN SOLAR
10.10.1 GAIN SOLAR Company Information
10.10.2 GAIN SOLAR Introduction and Business Overview
10.10.3 GAIN SOLAR Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.10.4 GAIN SOLAR Solar Cell Component Products Offered
10.10.5 GAIN SOLAR Recent Development
10.11 MBC Solar Energy
10.11.1 MBC Solar Energy Company Information
10.11.2 MBC Solar Energy Introduction and Business Overview
10.11.3 MBC Solar Energy Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MBC Solar Energy Solar Cell Component Products Offered
10.11.5 MBC Solar Energy Recent Development
10.12 Csunpower
10.12.1 Csunpower Company Information
10.12.2 Csunpower Introduction and Business Overview
10.12.3 Csunpower Solar Cell Component Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Csunpower Solar Cell Component Products Offered
10.12.5 Csunpower Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Cell Component Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Cell Component Industrial Chain Analysis
11.4 Solar Cell Component Market Dynamics
11.4.1 Solar Cell Component Industry Trends
11.4.2 Solar Cell Component Market Drivers
11.4.3 Solar Cell Component Market Challenges
11.4.4 Solar Cell Component Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Cell Component Distributors
12.3 Solar Cell Component Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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