The global Target Material for Solar Cell market size was valued at US$ 36 million in 2023. With growing demand in downstream market, the Target Material for Solar Cell is forecast to a readjusted size of US$ 108.5 million by 2030 with a CAGR of 17.2% during review period.
The research report highlights the growth potential of the global Target Material for Solar Cell market. Target Material for Solar Cell are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Target Material for Solar Cell. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Target Material for Solar Cell market.
Target is a coating material for the application of physical vapor deposition technology. In the process of deposition, the film material will be impacted by electron beam, ion beam or discharge ion, just like the target being shot. Sputtering target, a kind of target, refers to the target used in vacuum sputtering to remove the coating. The types of targets include pure metals, alloys and compounds.
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 3.387 GW.
Key Features:
The report on Target Material for Solar Cell market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Target Material for Solar Cell market. It may include historical data, market segmentation by Type (e.g., Metal Target, Alloy Target), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Target Material for Solar Cell market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Target Material for Solar Cell market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Target Material for Solar Cell industry. This include advancements in Target Material for Solar Cell technology, Target Material for Solar Cell new entrants, Target Material for Solar Cell new investment, and other innovations that are shaping the future of Target Material for Solar Cell.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Target Material for Solar Cell market. It includes factors influencing customer ' purchasing decisions, preferences for Target Material for Solar Cell product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Target Material for Solar Cell market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Target Material for Solar Cell market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Target Material for Solar Cell market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Target Material for Solar Cell industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Target Material for Solar Cell market.
Market Segmentation:
Target Material for Solar Cell market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Metal Target
Alloy Target
Segmentation by application
Mono-Si Solar Cell
Multi-Si Solar Cell
CdTe Solar Cell
CIGS Solar Cell
a-Si Solar Cell
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 analyzing the company's coverage, product portfolio, its market penetration.
Materion (Heraeus)
JX Nippon Mining & Metals Corporation
Praxair
Plansee SE
Mitsui Mining & Smelting
Hitachi Metals
Honeywell
Sumitomo Chemical
ULVAC
GRIKIN Advanced Material
TOSOH
Konfoong Materials International
Luvata
Fujian Acetron New Materials
Changzhou Sujing Electronic Material
FURAYA Metals
Advantec
Angstrom Sciences
Umicore Thin Film Products
LT Metal
Advanced Nano Products
Enamcn
Key Questions Addressed in this Report
What is the 10-year outlook for the global Target Material for Solar Cell market?
What factors are driving Target Material for Solar Cell market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Target Material for Solar Cell market opportunities vary by end market size?
How does Target Material for Solar Cell break out type, 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 Target Material for Solar Cell Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Target Material for Solar Cell by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Target Material for Solar Cell by Country/Region, 2019, 2023 & 2030
2.2 Target Material for Solar Cell Segment by Type
2.2.1 Metal Target
2.2.2 Alloy Target
2.3 Target Material for Solar Cell Sales by Type
2.3.1 Global Target Material for Solar Cell Sales Market Share by Type (2019-2024)
2.3.2 Global Target Material for Solar Cell Revenue and Market Share by Type (2019-2024)
2.3.3 Global Target Material for Solar Cell Sale Price by Type (2019-2024)
2.4 Target Material for Solar Cell Segment by Application
2.4.1 Mono-Si Solar Cell
2.4.2 Multi-Si Solar Cell
2.4.3 CdTe Solar Cell
2.4.4 CIGS Solar Cell
2.4.5 a-Si Solar Cell
2.4.6 Others
2.5 Target Material for Solar Cell Sales by Application
2.5.1 Global Target Material for Solar Cell Sale Market Share by Application (2019-2024)
2.5.2 Global Target Material for Solar Cell Revenue and Market Share by Application (2019-2024)
2.5.3 Global Target Material for Solar Cell Sale Price by Application (2019-2024)
3 Global Target Material for Solar Cell by Company
3.1 Global Target Material for Solar Cell Breakdown Data by Company
3.1.1 Global Target Material for Solar Cell Annual Sales by Company (2019-2024)
3.1.2 Global Target Material for Solar Cell Sales Market Share by Company (2019-2024)
3.2 Global Target Material for Solar Cell Annual Revenue by Company (2019-2024)
3.2.1 Global Target Material for Solar Cell Revenue by Company (2019-2024)
3.2.2 Global Target Material for Solar Cell Revenue Market Share by Company (2019-2024)
3.3 Global Target Material for Solar Cell Sale Price by Company
3.4 Key Manufacturers Target Material for Solar Cell Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Target Material for Solar Cell Product Location Distribution
3.4.2 Players Target Material for Solar Cell Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Target Material for Solar Cell by Geographic Region
4.1 World Historic Target Material for Solar Cell Market Size by Geographic Region (2019-2024)
4.1.1 Global Target Material for Solar Cell Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Target Material for Solar Cell Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Target Material for Solar Cell Market Size by Country/Region (2019-2024)
4.2.1 Global Target Material for Solar Cell Annual Sales by Country/Region (2019-2024)
4.2.2 Global Target Material for Solar Cell Annual Revenue by Country/Region (2019-2024)
4.3 Americas Target Material for Solar Cell Sales Growth
4.4 APAC Target Material for Solar Cell Sales Growth
4.5 Europe Target Material for Solar Cell Sales Growth
4.6 Middle East & Africa Target Material for Solar Cell Sales Growth
5 Americas
5.1 Americas Target Material for Solar Cell Sales by Country
5.1.1 Americas Target Material for Solar Cell Sales by Country (2019-2024)
5.1.2 Americas Target Material for Solar Cell Revenue by Country (2019-2024)
5.2 Americas Target Material for Solar Cell Sales by Type
5.3 Americas Target Material for Solar Cell Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Target Material for Solar Cell Sales by Region
6.1.1 APAC Target Material for Solar Cell Sales by Region (2019-2024)
6.1.2 APAC Target Material for Solar Cell Revenue by Region (2019-2024)
6.2 APAC Target Material for Solar Cell Sales by Type
6.3 APAC Target Material for Solar Cell Sales by Application
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 Target Material for Solar Cell by Country
7.1.1 Europe Target Material for Solar Cell Sales by Country (2019-2024)
7.1.2 Europe Target Material for Solar Cell Revenue by Country (2019-2024)
7.2 Europe Target Material for Solar Cell Sales by Type
7.3 Europe Target Material for Solar Cell Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Target Material for Solar Cell by Country
8.1.1 Middle East & Africa Target Material for Solar Cell Sales by Country (2019-2024)
8.1.2 Middle East & Africa Target Material for Solar Cell Revenue by Country (2019-2024)
8.2 Middle East & Africa Target Material for Solar Cell Sales by Type
8.3 Middle East & Africa Target Material for Solar Cell Sales by Application
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 Target Material for Solar Cell
10.3 Manufacturing Process Analysis of Target Material for Solar Cell
10.4 Industry Chain Structure of Target Material for Solar Cell
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Target Material for Solar Cell Distributors
11.3 Target Material for Solar Cell Customer
12 World Forecast Review for Target Material for Solar Cell by Geographic Region
12.1 Global Target Material for Solar Cell Market Size Forecast by Region
12.1.1 Global Target Material for Solar Cell Forecast by Region (2025-2030)
12.1.2 Global Target Material for Solar Cell Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Target Material for Solar Cell Forecast by Type
12.7 Global Target Material for Solar Cell Forecast by Application
13 Key Players Analysis
13.1 Materion (Heraeus)
13.1.1 Materion (Heraeus) Company Information
13.1.2 Materion (Heraeus) Target Material for Solar Cell Product Portfolios and Specifications
13.1.3 Materion (Heraeus) Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Materion (Heraeus) Main Business Overview
13.1.5 Materion (Heraeus) Latest Developments
13.2 JX Nippon Mining & Metals Corporation
13.2.1 JX Nippon Mining & Metals Corporation Company Information
13.2.2 JX Nippon Mining & Metals Corporation Target Material for Solar Cell Product Portfolios and Specifications
13.2.3 JX Nippon Mining & Metals Corporation Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 JX Nippon Mining & Metals Corporation Main Business Overview
13.2.5 JX Nippon Mining & Metals Corporation Latest Developments
13.3 Praxair
13.3.1 Praxair Company Information
13.3.2 Praxair Target Material for Solar Cell Product Portfolios and Specifications
13.3.3 Praxair Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Praxair Main Business Overview
13.3.5 Praxair Latest Developments
13.4 Plansee SE
13.4.1 Plansee SE Company Information
13.4.2 Plansee SE Target Material for Solar Cell Product Portfolios and Specifications
13.4.3 Plansee SE Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Plansee SE Main Business Overview
13.4.5 Plansee SE Latest Developments
13.5 Mitsui Mining & Smelting
13.5.1 Mitsui Mining & Smelting Company Information
13.5.2 Mitsui Mining & Smelting Target Material for Solar Cell Product Portfolios and Specifications
13.5.3 Mitsui Mining & Smelting Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Mitsui Mining & Smelting Main Business Overview
13.5.5 Mitsui Mining & Smelting Latest Developments
13.6 Hitachi Metals
13.6.1 Hitachi Metals Company Information
13.6.2 Hitachi Metals Target Material for Solar Cell Product Portfolios and Specifications
13.6.3 Hitachi Metals Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Hitachi Metals Main Business Overview
13.6.5 Hitachi Metals Latest Developments
13.7 Honeywell
13.7.1 Honeywell Company Information
13.7.2 Honeywell Target Material for Solar Cell Product Portfolios and Specifications
13.7.3 Honeywell Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Honeywell Main Business Overview
13.7.5 Honeywell Latest Developments
13.8 Sumitomo Chemical
13.8.1 Sumitomo Chemical Company Information
13.8.2 Sumitomo Chemical Target Material for Solar Cell Product Portfolios and Specifications
13.8.3 Sumitomo Chemical Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Sumitomo Chemical Main Business Overview
13.8.5 Sumitomo Chemical Latest Developments
13.9 ULVAC
13.9.1 ULVAC Company Information
13.9.2 ULVAC Target Material for Solar Cell Product Portfolios and Specifications
13.9.3 ULVAC Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 ULVAC Main Business Overview
13.9.5 ULVAC Latest Developments
13.10 GRIKIN Advanced Material
13.10.1 GRIKIN Advanced Material Company Information
13.10.2 GRIKIN Advanced Material Target Material for Solar Cell Product Portfolios and Specifications
13.10.3 GRIKIN Advanced Material Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 GRIKIN Advanced Material Main Business Overview
13.10.5 GRIKIN Advanced Material Latest Developments
13.11 TOSOH
13.11.1 TOSOH Company Information
13.11.2 TOSOH Target Material for Solar Cell Product Portfolios and Specifications
13.11.3 TOSOH Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 TOSOH Main Business Overview
13.11.5 TOSOH Latest Developments
13.12 Konfoong Materials International
13.12.1 Konfoong Materials International Company Information
13.12.2 Konfoong Materials International Target Material for Solar Cell Product Portfolios and Specifications
13.12.3 Konfoong Materials International Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Konfoong Materials International Main Business Overview
13.12.5 Konfoong Materials International Latest Developments
13.13 Luvata
13.13.1 Luvata Company Information
13.13.2 Luvata Target Material for Solar Cell Product Portfolios and Specifications
13.13.3 Luvata Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Luvata Main Business Overview
13.13.5 Luvata Latest Developments
13.14 Fujian Acetron New Materials
13.14.1 Fujian Acetron New Materials Company Information
13.14.2 Fujian Acetron New Materials Target Material for Solar Cell Product Portfolios and Specifications
13.14.3 Fujian Acetron New Materials Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Fujian Acetron New Materials Main Business Overview
13.14.5 Fujian Acetron New Materials Latest Developments
13.15 Changzhou Sujing Electronic Material
13.15.1 Changzhou Sujing Electronic Material Company Information
13.15.2 Changzhou Sujing Electronic Material Target Material for Solar Cell Product Portfolios and Specifications
13.15.3 Changzhou Sujing Electronic Material Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Changzhou Sujing Electronic Material Main Business Overview
13.15.5 Changzhou Sujing Electronic Material Latest Developments
13.16 FURAYA Metals
13.16.1 FURAYA Metals Company Information
13.16.2 FURAYA Metals Target Material for Solar Cell Product Portfolios and Specifications
13.16.3 FURAYA Metals Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 FURAYA Metals Main Business Overview
13.16.5 FURAYA Metals Latest Developments
13.17 Advantec
13.17.1 Advantec Company Information
13.17.2 Advantec Target Material for Solar Cell Product Portfolios and Specifications
13.17.3 Advantec Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Advantec Main Business Overview
13.17.5 Advantec Latest Developments
13.18 Angstrom Sciences
13.18.1 Angstrom Sciences Company Information
13.18.2 Angstrom Sciences Target Material for Solar Cell Product Portfolios and Specifications
13.18.3 Angstrom Sciences Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Angstrom Sciences Main Business Overview
13.18.5 Angstrom Sciences Latest Developments
13.19 Umicore Thin Film Products
13.19.1 Umicore Thin Film Products Company Information
13.19.2 Umicore Thin Film Products Target Material for Solar Cell Product Portfolios and Specifications
13.19.3 Umicore Thin Film Products Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Umicore Thin Film Products Main Business Overview
13.19.5 Umicore Thin Film Products Latest Developments
13.20 LT Metal
13.20.1 LT Metal Company Information
13.20.2 LT Metal Target Material for Solar Cell Product Portfolios and Specifications
13.20.3 LT Metal Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 LT Metal Main Business Overview
13.20.5 LT Metal Latest Developments
13.21 Advanced Nano Products
13.21.1 Advanced Nano Products Company Information
13.21.2 Advanced Nano Products Target Material for Solar Cell Product Portfolios and Specifications
13.21.3 Advanced Nano Products Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Advanced Nano Products Main Business Overview
13.21.5 Advanced Nano Products Latest Developments
13.22 Enamcn
13.22.1 Enamcn Company Information
13.22.2 Enamcn Target Material for Solar Cell Product Portfolios and Specifications
13.22.3 Enamcn Target Material for Solar Cell Sales, Revenue, Price and Gross Margin (2019-2024)
13.22.4 Enamcn Main Business Overview
13.22.5 Enamcn Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
