The global PERC Cells market size was valued at US$ 1680 million in 2024 and is forecast to a readjusted size of USD 2811 million by 2031 with a CAGR of 7.7% during review period.
PERC technology improves conversion efficiency by adding a dielectric passivation layer on the backside of the cell. Better efficiency levels in standard cell structures are limited by the tendency of photogenerated electrons to recombine. PERC cells maximize the potential gradient across the P-N junction, which allows for more stable electron flow, reduced electron recombination, and higher efficiency levels. The biggest difference between PERC cells and conventional cells is the passivation of the dielectric film on the back surface and the use of localized metal contact, which greatly reduces the recombination speed of the surface and improves the light reflection on the back surface.
Globally, there is an increasing demand for renewable energy due to its ability to minimize carbon emissions. Due to continued research into photovoltaic (PV) cells, the price of solar panels has gradually decreased. Additionally, it increases efficiency. This increases solar installations and investments. Monocrystalline PERC solar panels were born due to increased research and development related to photovoltaic cells. Combining a monocrystalline cell with a passivated emitter and backside cell creates a monocrystalline PERC. Monocrystalline PERC solar panels are more adaptable because they offer end users multiple positioning and tilting options without sacrificing efficiency. Solar panels made with monocrystalline PERC are 22% more energy efficient than conventional solar cells. They also provide excellent low light performance. Environmental awareness related to the depletion of non-renewable resources and the pollutants generated from such sources is driving the expansion of the solar photovoltaic business. What is driving the growth of the global solar photovoltaic panels market is the rapid generation of renewable energy sources and shift from conventional energy sources to renewable energy sources, which is related to environmental protection. Supportive government policies and several ongoing projects are expected to drive market expansion over the forecast period. By 2030, installed solar photovoltaic panels are expected to dominate the grid. The industry"s transition to solar photovoltaic panels is the result of numerous preventive measures taken by governments to reduce greenhouse gas emissions and deplete non-renewable resources. The global solar photovoltaic industry is likely to benefit from growing investments in renewable energy production.
This report is a detailed and comprehensive analysis for global PERC Cells market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global PERC Cells market size and forecasts, in consumption value ($ Million), sales quantity (Kilowatt), and average selling prices (USD/W), 2020-2031
Global PERC Cells market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilowatt), and average selling prices (USD/W), 2020-2031
Global PERC Cells market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilowatt), and average selling prices (USD/W), 2020-2031
Global PERC Cells market shares of main players, shipments in revenue ($ Million), sales quantity (Kilowatt), and ASP (USD/W), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PERC Cells
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PERC Cells market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LG, REC, Solar World, Meyer Burger, Adani, Astronergy, Suntech, HT-SAAE, Canadian Solar, CARBON, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
PERC Cells market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Side
Double Side
Market segment by Application
Photovoltaic Power Station
New Energy Vehicles
Others
Major players covered
LG
REC
Solar World
Meyer Burger
Adani
Astronergy
Suntech
HT-SAAE
Canadian Solar
CARBON
Jinko Solar
Trina Solar
Longi Group
Jolywood
S.C New Energy Technology
CECEP Solar Energy
Aiko Solar
Risen Energy
Tongwei
Drinda
Chint
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PERC Cells product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PERC Cells, with price, sales quantity, revenue, and global market share of PERC Cells from 2020 to 2025.
Chapter 3, the PERC Cells competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PERC Cells breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and PERC Cells market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PERC Cells.
Chapter 14 and 15, to describe PERC Cells sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global PERC Cells Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Single Side
1.3.3 Double Side
1.4 Market Analysis by Application
1.4.1 Overview: Global PERC Cells Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Photovoltaic Power Station
1.4.3 New Energy Vehicles
1.4.4 Others
1.5 Global PERC Cells Market Size & Forecast
1.5.1 Global PERC Cells Consumption Value (2020 & 2024 & 2031)
1.5.2 Global PERC Cells Sales Quantity (2020-2031)
1.5.3 Global PERC Cells Average Price (2020-2031)
2 Manufacturers Profiles
2.1 LG
2.1.1 LG Details
2.1.2 LG Major Business
2.1.3 LG PERC Cells Product and Services
2.1.4 LG PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 LG Recent Developments/Updates
2.2 REC
2.2.1 REC Details
2.2.2 REC Major Business
2.2.3 REC PERC Cells Product and Services
2.2.4 REC PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 REC Recent Developments/Updates
2.3 Solar World
2.3.1 Solar World Details
2.3.2 Solar World Major Business
2.3.3 Solar World PERC Cells Product and Services
2.3.4 Solar World PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Solar World Recent Developments/Updates
2.4 Meyer Burger
2.4.1 Meyer Burger Details
2.4.2 Meyer Burger Major Business
2.4.3 Meyer Burger PERC Cells Product and Services
2.4.4 Meyer Burger PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Meyer Burger Recent Developments/Updates
2.5 Adani
2.5.1 Adani Details
2.5.2 Adani Major Business
2.5.3 Adani PERC Cells Product and Services
2.5.4 Adani PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Adani Recent Developments/Updates
2.6 Astronergy
2.6.1 Astronergy Details
2.6.2 Astronergy Major Business
2.6.3 Astronergy PERC Cells Product and Services
2.6.4 Astronergy PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Astronergy Recent Developments/Updates
2.7 Suntech
2.7.1 Suntech Details
2.7.2 Suntech Major Business
2.7.3 Suntech PERC Cells Product and Services
2.7.4 Suntech PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Suntech Recent Developments/Updates
2.8 HT-SAAE
2.8.1 HT-SAAE Details
2.8.2 HT-SAAE Major Business
2.8.3 HT-SAAE PERC Cells Product and Services
2.8.4 HT-SAAE PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 HT-SAAE Recent Developments/Updates
2.9 Canadian Solar
2.9.1 Canadian Solar Details
2.9.2 Canadian Solar Major Business
2.9.3 Canadian Solar PERC Cells Product and Services
2.9.4 Canadian Solar PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Canadian Solar Recent Developments/Updates
2.10 CARBON
2.10.1 CARBON Details
2.10.2 CARBON Major Business
2.10.3 CARBON PERC Cells Product and Services
2.10.4 CARBON PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 CARBON Recent Developments/Updates
2.11 Jinko Solar
2.11.1 Jinko Solar Details
2.11.2 Jinko Solar Major Business
2.11.3 Jinko Solar PERC Cells Product and Services
2.11.4 Jinko Solar PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Jinko Solar Recent Developments/Updates
2.12 Trina Solar
2.12.1 Trina Solar Details
2.12.2 Trina Solar Major Business
2.12.3 Trina Solar PERC Cells Product and Services
2.12.4 Trina Solar PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Trina Solar Recent Developments/Updates
2.13 Longi Group
2.13.1 Longi Group Details
2.13.2 Longi Group Major Business
2.13.3 Longi Group PERC Cells Product and Services
2.13.4 Longi Group PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Longi Group Recent Developments/Updates
2.14 Jolywood
2.14.1 Jolywood Details
2.14.2 Jolywood Major Business
2.14.3 Jolywood PERC Cells Product and Services
2.14.4 Jolywood PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Jolywood Recent Developments/Updates
2.15 S.C New Energy Technology
2.15.1 S.C New Energy Technology Details
2.15.2 S.C New Energy Technology Major Business
2.15.3 S.C New Energy Technology PERC Cells Product and Services
2.15.4 S.C New Energy Technology PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 S.C New Energy Technology Recent Developments/Updates
2.16 CECEP Solar Energy
2.16.1 CECEP Solar Energy Details
2.16.2 CECEP Solar Energy Major Business
2.16.3 CECEP Solar Energy PERC Cells Product and Services
2.16.4 CECEP Solar Energy PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 CECEP Solar Energy Recent Developments/Updates
2.17 Aiko Solar
2.17.1 Aiko Solar Details
2.17.2 Aiko Solar Major Business
2.17.3 Aiko Solar PERC Cells Product and Services
2.17.4 Aiko Solar PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Aiko Solar Recent Developments/Updates
2.18 Risen Energy
2.18.1 Risen Energy Details
2.18.2 Risen Energy Major Business
2.18.3 Risen Energy PERC Cells Product and Services
2.18.4 Risen Energy PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Risen Energy Recent Developments/Updates
2.19 Tongwei
2.19.1 Tongwei Details
2.19.2 Tongwei Major Business
2.19.3 Tongwei PERC Cells Product and Services
2.19.4 Tongwei PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Tongwei Recent Developments/Updates
2.20 Drinda
2.20.1 Drinda Details
2.20.2 Drinda Major Business
2.20.3 Drinda PERC Cells Product and Services
2.20.4 Drinda PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 Drinda Recent Developments/Updates
2.21 Chint
2.21.1 Chint Details
2.21.2 Chint Major Business
2.21.3 Chint PERC Cells Product and Services
2.21.4 Chint PERC Cells Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 Chint Recent Developments/Updates
3 Competitive Environment: PERC Cells by Manufacturer
3.1 Global PERC Cells Sales Quantity by Manufacturer (2020-2025)
3.2 Global PERC Cells Revenue by Manufacturer (2020-2025)
3.3 Global PERC Cells Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of PERC Cells by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 PERC Cells Manufacturer Market Share in 2024
3.4.3 Top 6 PERC Cells Manufacturer Market Share in 2024
3.5 PERC Cells Market: Overall Company Footprint Analysis
3.5.1 PERC Cells Market: Region Footprint
3.5.2 PERC Cells Market: Company Product Type Footprint
3.5.3 PERC Cells Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global PERC Cells Market Size by Region
4.1.1 Global PERC Cells Sales Quantity by Region (2020-2031)
4.1.2 Global PERC Cells Consumption Value by Region (2020-2031)
4.1.3 Global PERC Cells Average Price by Region (2020-2031)
4.2 North America PERC Cells Consumption Value (2020-2031)
4.3 Europe PERC Cells Consumption Value (2020-2031)
4.4 Asia-Pacific PERC Cells Consumption Value (2020-2031)
4.5 South America PERC Cells Consumption Value (2020-2031)
4.6 Middle East & Africa PERC Cells Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global PERC Cells Sales Quantity by Type (2020-2031)
5.2 Global PERC Cells Consumption Value by Type (2020-2031)
5.3 Global PERC Cells Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global PERC Cells Sales Quantity by Application (2020-2031)
6.2 Global PERC Cells Consumption Value by Application (2020-2031)
6.3 Global PERC Cells Average Price by Application (2020-2031)
7 North America
7.1 North America PERC Cells Sales Quantity by Type (2020-2031)
7.2 North America PERC Cells Sales Quantity by Application (2020-2031)
7.3 North America PERC Cells Market Size by Country
7.3.1 North America PERC Cells Sales Quantity by Country (2020-2031)
7.3.2 North America PERC Cells Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe PERC Cells Sales Quantity by Type (2020-2031)
8.2 Europe PERC Cells Sales Quantity by Application (2020-2031)
8.3 Europe PERC Cells Market Size by Country
8.3.1 Europe PERC Cells Sales Quantity by Country (2020-2031)
8.3.2 Europe PERC Cells Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific PERC Cells Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific PERC Cells Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific PERC Cells Market Size by Region
9.3.1 Asia-Pacific PERC Cells Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific PERC Cells Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America PERC Cells Sales Quantity by Type (2020-2031)
10.2 South America PERC Cells Sales Quantity by Application (2020-2031)
10.3 South America PERC Cells Market Size by Country
10.3.1 South America PERC Cells Sales Quantity by Country (2020-2031)
10.3.2 South America PERC Cells Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa PERC Cells Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa PERC Cells Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa PERC Cells Market Size by Country
11.3.1 Middle East & Africa PERC Cells Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa PERC Cells Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 PERC Cells Market Drivers
12.2 PERC Cells Market Restraints
12.3 PERC Cells Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of PERC Cells and Key Manufacturers
13.2 Manufacturing Costs Percentage of PERC Cells
13.3 PERC Cells Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 PERC Cells Typical Distributors
14.3 PERC Cells Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
LG
REC
Solar World
Meyer Burger
Adani
Astronergy
Suntech
HT-SAAE
Canadian Solar
CARBON
Jinko Solar
Trina Solar
Longi Group
Jolywood
S.C New Energy Technology
CECEP Solar Energy
Aiko Solar
Risen Energy
Tongwei
Drinda
Chint
听
听
*If Applicable.
