A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
A PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
The global market for Solar Cells and Modules was estimated to be worth US$ 37080 million in 2023 and is forecast to a readjusted size of US$ 69150 million by 2030 with a CAGR of 9.2% during the forecast period 2024-2030
JinkoSolar, JA Solar, Canadian Solar, Trina Solar and Hanwha Solutions are the top 5 of Solar Cells and Modules, with about 47% market shares. Asia-Pacific has the largest global export quantity and manufacturers in Solar Cells and Modules market, nearly 62%, while Europe is the second sales volume market for Solar Cells and Modules at around 20% in 2019. Si-wafer based PV technology accounted for about 93% of the total sales in 2019. The share of mono-crystalline technology is now about 64% of total sales. Solar cells and modules can be divided into monocrystalline silicon modules, polycrystalline silicon modules, CdTe modules, CIGS modules, and amorphous silicon modules. It can be applied to photovoltaic power stations, commercial advertisements and residential buildings.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Solar Cells and Modules, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Solar Cells and Modules by region & country, by Type, and by Application.
The Solar Cells and Modules market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Cells and Modules.
Market Segmentation
By Company
JinkoSolar
LONGi
JA Solar
First Solar
Canadian Solar
Trina Solar
Hanwha Solutions
Risen Energy
Seraphim
SunPower
Chint Electrics
Solargiga
Shunfeng
LG Business Solutions
Jinergy
GCL System
EGing PV
Jolywood
Talesun Solar
Segment by Type:
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Segment by Application
PV Power Station
Commercial
Residential
Others
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
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Solar Cells and Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Solar Cells and Modules in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Solar Cells and Modules in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Solar Cells and Modules Product Introduction
1.2 Global Solar Cells and Modules Market Size Forecast
1.2.1 Global Solar Cells and Modules Sales Value (2019-2030)
1.2.2 Global Solar Cells and Modules Sales Volume (2019-2030)
1.2.3 Global Solar Cells and Modules Sales Price (2019-2030)
1.3 Solar Cells and Modules Market Trends & Drivers
1.3.1 Solar Cells and Modules Industry Trends
1.3.2 Solar Cells and Modules Market Drivers & Opportunity
1.3.3 Solar Cells and Modules Market Challenges
1.3.4 Solar Cells and Modules Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Solar Cells and Modules Players Revenue Ranking (2023)
2.2 Global Solar Cells and Modules Revenue by Company (2019-2024)
2.3 Global Solar Cells and Modules Players Sales Volume Ranking (2023)
2.4 Global Solar Cells and Modules Sales Volume by Company Players (2019-2024)
2.5 Global Solar Cells and Modules Average Price by Company (2019-2024)
2.6 Key Manufacturers Solar Cells and Modules Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Solar Cells and Modules Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Solar Cells and Modules
2.9 Solar Cells and Modules Market Competitive Analysis
2.9.1 Solar Cells and Modules Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Solar Cells and Modules Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solar Cells and Modules as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Mono-Si Modules
3.1.2 Multi-Si Modules
3.1.3 CdTe Modules
3.1.4 CIGS Modules
3.1.5 A-Si Modules
3.1.6 Others
3.2 Global Solar Cells and Modules Sales Value by Type
3.2.1 Global Solar Cells and Modules Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Solar Cells and Modules Sales Value, by Type (2019-2030)
3.2.3 Global Solar Cells and Modules Sales Value, by Type (%) (2019-2030)
3.3 Global Solar Cells and Modules Sales Volume by Type
3.3.1 Global Solar Cells and Modules Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Solar Cells and Modules Sales Volume, by Type (2019-2030)
3.3.3 Global Solar Cells and Modules Sales Volume, by Type (%) (2019-2030)
3.4 Global Solar Cells and Modules Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 PV Power Station
4.1.2 Commercial
4.1.3 Residential
4.1.4 Others
4.2 Global Solar Cells and Modules Sales Value by Application
4.2.1 Global Solar Cells and Modules Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Solar Cells and Modules Sales Value, by Application (2019-2030)
4.2.3 Global Solar Cells and Modules Sales Value, by Application (%) (2019-2030)
4.3 Global Solar Cells and Modules Sales Volume by Application
4.3.1 Global Solar Cells and Modules Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Solar Cells and Modules Sales Volume, by Application (2019-2030)
4.3.3 Global Solar Cells and Modules Sales Volume, by Application (%) (2019-2030)
4.4 Global Solar Cells and Modules Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Solar Cells and Modules Sales Value by Region
5.1.1 Global Solar Cells and Modules Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Solar Cells and Modules Sales Value by Region (2019-2024)
5.1.3 Global Solar Cells and Modules Sales Value by Region (2025-2030)
5.1.4 Global Solar Cells and Modules Sales Value by Region (%), (2019-2030)
5.2 Global Solar Cells and Modules Sales Volume by Region
5.2.1 Global Solar Cells and Modules Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Solar Cells and Modules Sales Volume by Region (2019-2024)
5.2.3 Global Solar Cells and Modules Sales Volume by Region (2025-2030)
5.2.4 Global Solar Cells and Modules Sales Volume by Region (%), (2019-2030)
5.3 Global Solar Cells and Modules Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Solar Cells and Modules Sales Value, 2019-2030
5.4.2 North America Solar Cells and Modules Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Solar Cells and Modules Sales Value, 2019-2030
5.5.2 Europe Solar Cells and Modules Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Solar Cells and Modules Sales Value, 2019-2030
5.6.2 Asia Pacific Solar Cells and Modules Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Solar Cells and Modules Sales Value, 2019-2030
5.7.2 South America Solar Cells and Modules Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Solar Cells and Modules Sales Value, 2019-2030
5.8.2 Middle East & Africa Solar Cells and Modules Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Solar Cells and Modules Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Solar Cells and Modules Sales Value
6.2.1 Key Countries/Regions Solar Cells and Modules Sales Value, 2019-2030
6.2.2 Key Countries/Regions Solar Cells and Modules Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Solar Cells and Modules Sales Value, 2019-2030
6.3.2 United States Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Solar Cells and Modules Sales Value, 2019-2030
6.4.2 Europe Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Solar Cells and Modules Sales Value, 2019-2030
6.5.2 China Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.5.3 China Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Solar Cells and Modules Sales Value, 2019-2030
6.6.2 Japan Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Solar Cells and Modules Sales Value, 2019-2030
6.7.2 South Korea Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Solar Cells and Modules Sales Value, 2019-2030
6.8.2 Southeast Asia Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Solar Cells and Modules Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Solar Cells and Modules Sales Value, 2019-2030
6.9.2 India Solar Cells and Modules Sales Value by Type (%), 2023 VS 2030
6.9.3 India Solar Cells and Modules Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 JinkoSolar
7.1.1 JinkoSolar Company Information
7.1.2 JinkoSolar Introduction and Business Overview
7.1.3 JinkoSolar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.1.4 JinkoSolar Solar Cells and Modules Product Offerings
7.1.5 JinkoSolar Recent Development
7.2 LONGi
7.2.1 LONGi Company Information
7.2.2 LONGi Introduction and Business Overview
7.2.3 LONGi Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.2.4 LONGi Solar Cells and Modules Product Offerings
7.2.5 LONGi Recent Development
7.3 JA Solar
7.3.1 JA Solar Company Information
7.3.2 JA Solar Introduction and Business Overview
7.3.3 JA Solar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.3.4 JA Solar Solar Cells and Modules Product Offerings
7.3.5 JA Solar Recent Development
7.4 First Solar
7.4.1 First Solar Company Information
7.4.2 First Solar Introduction and Business Overview
7.4.3 First Solar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.4.4 First Solar Solar Cells and Modules Product Offerings
7.4.5 First Solar Recent Development
7.5 Canadian Solar
7.5.1 Canadian Solar Company Information
7.5.2 Canadian Solar Introduction and Business Overview
7.5.3 Canadian Solar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Canadian Solar Solar Cells and Modules Product Offerings
7.5.5 Canadian Solar Recent Development
7.6 Trina Solar
7.6.1 Trina Solar Company Information
7.6.2 Trina Solar Introduction and Business Overview
7.6.3 Trina Solar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Trina Solar Solar Cells and Modules Product Offerings
7.6.5 Trina Solar Recent Development
7.7 Hanwha Solutions
7.7.1 Hanwha Solutions Company Information
7.7.2 Hanwha Solutions Introduction and Business Overview
7.7.3 Hanwha Solutions Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Hanwha Solutions Solar Cells and Modules Product Offerings
7.7.5 Hanwha Solutions Recent Development
7.8 Risen Energy
7.8.1 Risen Energy Company Information
7.8.2 Risen Energy Introduction and Business Overview
7.8.3 Risen Energy Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Risen Energy Solar Cells and Modules Product Offerings
7.8.5 Risen Energy Recent Development
7.9 Seraphim
7.9.1 Seraphim Company Information
7.9.2 Seraphim Introduction and Business Overview
7.9.3 Seraphim Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Seraphim Solar Cells and Modules Product Offerings
7.9.5 Seraphim Recent Development
7.10 SunPower
7.10.1 SunPower Company Information
7.10.2 SunPower Introduction and Business Overview
7.10.3 SunPower Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.10.4 SunPower Solar Cells and Modules Product Offerings
7.10.5 SunPower Recent Development
7.11 Chint Electrics
7.11.1 Chint Electrics Company Information
7.11.2 Chint Electrics Introduction and Business Overview
7.11.3 Chint Electrics Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Chint Electrics Solar Cells and Modules Product Offerings
7.11.5 Chint Electrics Recent Development
7.12 Solargiga
7.12.1 Solargiga Company Information
7.12.2 Solargiga Introduction and Business Overview
7.12.3 Solargiga Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Solargiga Solar Cells and Modules Product Offerings
7.12.5 Solargiga Recent Development
7.13 Shunfeng
7.13.1 Shunfeng Company Information
7.13.2 Shunfeng Introduction and Business Overview
7.13.3 Shunfeng Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Shunfeng Solar Cells and Modules Product Offerings
7.13.5 Shunfeng Recent Development
7.14 LG Business Solutions
7.14.1 LG Business Solutions Company Information
7.14.2 LG Business Solutions Introduction and Business Overview
7.14.3 LG Business Solutions Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.14.4 LG Business Solutions Solar Cells and Modules Product Offerings
7.14.5 LG Business Solutions Recent Development
7.15 Jinergy
7.15.1 Jinergy Company Information
7.15.2 Jinergy Introduction and Business Overview
7.15.3 Jinergy Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Jinergy Solar Cells and Modules Product Offerings
7.15.5 Jinergy Recent Development
7.16 GCL System
7.16.1 GCL System Company Information
7.16.2 GCL System Introduction and Business Overview
7.16.3 GCL System Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.16.4 GCL System Solar Cells and Modules Product Offerings
7.16.5 GCL System Recent Development
7.17 EGing PV
7.17.1 EGing PV Company Information
7.17.2 EGing PV Introduction and Business Overview
7.17.3 EGing PV Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.17.4 EGing PV Solar Cells and Modules Product Offerings
7.17.5 EGing PV Recent Development
7.18 Jolywood
7.18.1 Jolywood Company Information
7.18.2 Jolywood Introduction and Business Overview
7.18.3 Jolywood Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Jolywood Solar Cells and Modules Product Offerings
7.18.5 Jolywood Recent Development
7.19 Talesun Solar
7.19.1 Talesun Solar Company Information
7.19.2 Talesun Solar Introduction and Business Overview
7.19.3 Talesun Solar Solar Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Talesun Solar Solar Cells and Modules Product Offerings
7.19.5 Talesun Solar Recent Development
8 Industry Chain Analysis
8.1 Solar Cells and Modules Industrial Chain
8.2 Solar Cells and Modules Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Solar Cells and Modules Sales Model
8.5.2 Sales Channel
8.5.3 Solar Cells and Modules Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
JinkoSolar
LONGi
JA Solar
First Solar
Canadian Solar
Trina Solar
Hanwha Solutions
Risen Energy
Seraphim
SunPower
Chint Electrics
Solargiga
Shunfeng
LG Business Solutions
Jinergy
GCL System
EGing PV
Jolywood
Talesun Solar
听
听
*If Applicable.