
The global Photovoltaics Modules market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.
Photovoltaics Modules use light energy from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most Photovoltaics Modules are rigid, but semi-flexible ones are available, based on thin-film cells.
In Japan, Photovoltaics Modules key players include Sharp, Trina Solar, Yingli, JA Solar, Canadian Solar, etc. The top five manufacturers hold a share over 40%.
In terms of product, Single Crystal Silicon is the largest segment, with a share over 45%. And in terms of application, the largest application is Ground Mount, followed by Residential, Commercial, etc.
The “Photovoltaics Modules Industry Forecast” looks at past sales and reviews total world Photovoltaics Modules sales in 2024, providing a comprehensive analysis by region and market sector of projected Photovoltaics Modules sales for 2025 through 2031. With Photovoltaics Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photovoltaics Modules industry.
This Insight Report provides a comprehensive analysis of the global Photovoltaics Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photovoltaics Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Photovoltaics Modules market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photovoltaics Modules and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photovoltaics Modules.
This report presents a comprehensive overview, market shares, and growth opportunities of Photovoltaics Modules market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Crystal Silicon
Polycrystalline Silicon
Others
Segmentation by Application:
Residential
Commercial
Ground Mount
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sharp
JA Solar
Yingli
Trina Solar
Canadian Solar
Kyocera Solar
Solar Frontier
SFCE
ReneSola
Hanwha Solar
REC Group
First Solar
SunPower
Jinko Solar
Key Questions Addressed in this Report
What is the 10-year outlook for the global Photovoltaics Modules market?
What factors are driving Photovoltaics Modules market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Photovoltaics Modules market opportunities vary by end market size?
How does Photovoltaics Modules break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Photovoltaics Modules Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Photovoltaics Modules by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Photovoltaics Modules by Country/Region, 2020, 2024 & 2031
2.2 Photovoltaics Modules Segment by Type
2.2.1 Single Crystal Silicon
2.2.2 Polycrystalline Silicon
2.2.3 Others
2.3 Photovoltaics Modules Sales by Type
2.3.1 Global Photovoltaics Modules Sales Market Share by Type (2020-2025)
2.3.2 Global Photovoltaics Modules Revenue and Market Share by Type (2020-2025)
2.3.3 Global Photovoltaics Modules Sale Price by Type (2020-2025)
2.4 Photovoltaics Modules Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Ground Mount
2.4.4 Others
2.5 Photovoltaics Modules Sales by Application
2.5.1 Global Photovoltaics Modules Sale Market Share by Application (2020-2025)
2.5.2 Global Photovoltaics Modules Revenue and Market Share by Application (2020-2025)
2.5.3 Global Photovoltaics Modules Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Photovoltaics Modules Breakdown Data by Company
3.1.1 Global Photovoltaics Modules Annual Sales by Company (2020-2025)
3.1.2 Global Photovoltaics Modules Sales Market Share by Company (2020-2025)
3.2 Global Photovoltaics Modules Annual Revenue by Company (2020-2025)
3.2.1 Global Photovoltaics Modules Revenue by Company (2020-2025)
3.2.2 Global Photovoltaics Modules Revenue Market Share by Company (2020-2025)
3.3 Global Photovoltaics Modules Sale Price by Company
3.4 Key Manufacturers Photovoltaics Modules Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Photovoltaics Modules Product Location Distribution
3.4.2 Players Photovoltaics Modules Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Photovoltaics Modules by Geographic Region
4.1 World Historic Photovoltaics Modules Market Size by Geographic Region (2020-2025)
4.1.1 Global Photovoltaics Modules Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Photovoltaics Modules Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Photovoltaics Modules Market Size by Country/Region (2020-2025)
4.2.1 Global Photovoltaics Modules Annual Sales by Country/Region (2020-2025)
4.2.2 Global Photovoltaics Modules Annual Revenue by Country/Region (2020-2025)
4.3 Americas Photovoltaics Modules Sales Growth
4.4 APAC Photovoltaics Modules Sales Growth
4.5 Europe Photovoltaics Modules Sales Growth
4.6 Middle East & Africa Photovoltaics Modules Sales Growth
5 Americas
5.1 Americas Photovoltaics Modules Sales by Country
5.1.1 Americas Photovoltaics Modules Sales by Country (2020-2025)
5.1.2 Americas Photovoltaics Modules Revenue by Country (2020-2025)
5.2 Americas Photovoltaics Modules Sales by Type (2020-2025)
5.3 Americas Photovoltaics Modules Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Photovoltaics Modules Sales by Region
6.1.1 APAC Photovoltaics Modules Sales by Region (2020-2025)
6.1.2 APAC Photovoltaics Modules Revenue by Region (2020-2025)
6.2 APAC Photovoltaics Modules Sales by Type (2020-2025)
6.3 APAC Photovoltaics Modules Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Photovoltaics Modules by Country
7.1.1 Europe Photovoltaics Modules Sales by Country (2020-2025)
7.1.2 Europe Photovoltaics Modules Revenue by Country (2020-2025)
7.2 Europe Photovoltaics Modules Sales by Type (2020-2025)
7.3 Europe Photovoltaics Modules Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Photovoltaics Modules by Country
8.1.1 Middle East & Africa Photovoltaics Modules Sales by Country (2020-2025)
8.1.2 Middle East & Africa Photovoltaics Modules Revenue by Country (2020-2025)
8.2 Middle East & Africa Photovoltaics Modules Sales by Type (2020-2025)
8.3 Middle East & Africa Photovoltaics Modules Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Photovoltaics Modules
10.3 Manufacturing Process Analysis of Photovoltaics Modules
10.4 Industry Chain Structure of Photovoltaics Modules
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Photovoltaics Modules Distributors
11.3 Photovoltaics Modules Customer
12 World Forecast Review for Photovoltaics Modules by Geographic Region
12.1 Global Photovoltaics Modules Market Size Forecast by Region
12.1.1 Global Photovoltaics Modules Forecast by Region (2026-2031)
12.1.2 Global Photovoltaics Modules Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Photovoltaics Modules Forecast by Type (2026-2031)
12.7 Global Photovoltaics Modules Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Sharp
13.1.1 Sharp Company Information
13.1.2 Sharp Photovoltaics Modules Product Portfolios and Specifications
13.1.3 Sharp Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Sharp Main Business Overview
13.1.5 Sharp Latest Developments
13.2 JA Solar
13.2.1 JA Solar Company Information
13.2.2 JA Solar Photovoltaics Modules Product Portfolios and Specifications
13.2.3 JA Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 JA Solar Main Business Overview
13.2.5 JA Solar Latest Developments
13.3 Yingli
13.3.1 Yingli Company Information
13.3.2 Yingli Photovoltaics Modules Product Portfolios and Specifications
13.3.3 Yingli Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Yingli Main Business Overview
13.3.5 Yingli Latest Developments
13.4 Trina Solar
13.4.1 Trina Solar Company Information
13.4.2 Trina Solar Photovoltaics Modules Product Portfolios and Specifications
13.4.3 Trina Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Trina Solar Main Business Overview
13.4.5 Trina Solar Latest Developments
13.5 Canadian Solar
13.5.1 Canadian Solar Company Information
13.5.2 Canadian Solar Photovoltaics Modules Product Portfolios and Specifications
13.5.3 Canadian Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Canadian Solar Main Business Overview
13.5.5 Canadian Solar Latest Developments
13.6 Kyocera Solar
13.6.1 Kyocera Solar Company Information
13.6.2 Kyocera Solar Photovoltaics Modules Product Portfolios and Specifications
13.6.3 Kyocera Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Kyocera Solar Main Business Overview
13.6.5 Kyocera Solar Latest Developments
13.7 Solar Frontier
13.7.1 Solar Frontier Company Information
13.7.2 Solar Frontier Photovoltaics Modules Product Portfolios and Specifications
13.7.3 Solar Frontier Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Solar Frontier Main Business Overview
13.7.5 Solar Frontier Latest Developments
13.8 SFCE
13.8.1 SFCE Company Information
13.8.2 SFCE Photovoltaics Modules Product Portfolios and Specifications
13.8.3 SFCE Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 SFCE Main Business Overview
13.8.5 SFCE Latest Developments
13.9 ReneSola
13.9.1 ReneSola Company Information
13.9.2 ReneSola Photovoltaics Modules Product Portfolios and Specifications
13.9.3 ReneSola Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 ReneSola Main Business Overview
13.9.5 ReneSola Latest Developments
13.10 Hanwha Solar
13.10.1 Hanwha Solar Company Information
13.10.2 Hanwha Solar Photovoltaics Modules Product Portfolios and Specifications
13.10.3 Hanwha Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Hanwha Solar Main Business Overview
13.10.5 Hanwha Solar Latest Developments
13.11 REC Group
13.11.1 REC Group Company Information
13.11.2 REC Group Photovoltaics Modules Product Portfolios and Specifications
13.11.3 REC Group Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 REC Group Main Business Overview
13.11.5 REC Group Latest Developments
13.12 First Solar
13.12.1 First Solar Company Information
13.12.2 First Solar Photovoltaics Modules Product Portfolios and Specifications
13.12.3 First Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 First Solar Main Business Overview
13.12.5 First Solar Latest Developments
13.13 SunPower
13.13.1 SunPower Company Information
13.13.2 SunPower Photovoltaics Modules Product Portfolios and Specifications
13.13.3 SunPower Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 SunPower Main Business Overview
13.13.5 SunPower Latest Developments
13.14 Jinko Solar
13.14.1 Jinko Solar Company Information
13.14.2 Jinko Solar Photovoltaics Modules Product Portfolios and Specifications
13.14.3 Jinko Solar Photovoltaics Modules Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Jinko Solar Main Business Overview
13.14.5 Jinko Solar Latest Developments
14 Research Findings and Conclusion
*If Applicable.
