Global Wafer Solar Cell Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
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This report aims to provide a comprehensive presentation of the global market for Wafer Solar Cell, with 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 Wafer Solar Cell.
The Wafer Solar Cell market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wafer Solar Cell market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wafer Solar Cell manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The wafer solar cell market was valued at usd 9592.30 million in 2021 and is expected to reach usd 22,105.82 million by 2029, registering a cagr of 11.00% during the forecast period of 2022 to 2029.
Competitive Landscape Analysis:
The main players in the Wafer Solar Cell market include SunPower Corporation (U.S.), Suniva Inc (U.S.), Tata Power Solar Systems Ltd. (India), SHARP CORPORATION (Japan), and ALPS Technology Inc. (U.S.). The share of the top 3 players in the Wafer Solar Cell market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Wafer Solar Cell market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. N-type accounted for xx% of Wafer Solar Cell market in 2022. P-type share of xx%.
Residential accounted for xx% of the Wafer Solar Cell market in 2022. Commercial accounts for xx%.
The storage market is cold, and advanced technologies continue to develop.
With the rising inflation and weak demand in the terminal market, especially the decline in demand for PC and mobile phone terminal products affected by consumer spending, the growth expectation of the consumer storage market is lowered. In addition, the reduction of investment in data centers by technology giants such as Microsoft and Amazon will put downward pressure on the commercial storage market.
Although the consumer storage market will be cold, the market demand for applications such as automobiles is strong. With the substantial increase in sales of new energy vehicles, the amount of storage products required for bicycles will be greatly improved, especially after introducing other intelligent technologies such as ADAS and autonomous driving.
Different from the "uneven heat and cold" in various storage markets, major storage manufacturers have been trying and breaking through in the technical process. For example, in the field of DRAM, Micron's fifth-generation 10nm DRAM product (1β DRAM) has been sent to its partners for verification. Once the product is mature, it will be put into mobile phones, computers, servers, automobiles and other markets one after another.
In the field of NAND Flash, Micron's first 232-layer NAND product in the world has been mass-produced and is being supplied to PC OEM customers around the world; SK Hynix 238-layer 512Gb TLC 4D NAND flash memory is expected to be put into mass production in the first half of 2023. Samsung's plan is even bolder, claiming that it will realize 1,000 layers of V-NAND by 2030.
Segmental Analysis
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Some of the Top Market Players Covered Are:
SunPower Corporation (U.S.)
Suniva Inc (U.S.)
Tata Power Solar Systems Ltd. (India)
SHARP CORPORATION (Japan)
ALPS Technology Inc. (U.S.)
Solaris Technology Industry, Inc. (India)
GREEN BRILLIANCE RENEWABLE ENERGY LLP (India)
Trina Solar (China)
Canadian Solar. (Canada)
Exeger Operations AB (Sweden)
Fujikura Europe Ltd. (U.K.)
G24 Power Ltd. (U.K.)
Konica Minolta Sensing Europe B.V. (Netherlands)
Merck KGaA (Germany)
Oxford PV (U.K.)
Peccell Technologies, Inc. (Japan)
Sharp Corporation (Japan)
Solaronix SA (Switzerland)
Sony Corporation (Japan)
Ricoh (Japan)
First Solar (U.S.)
Market outlook by product/service type:
N-type
P-type
Market outlook by Application :
Residential
Commercial
Industrial
Power Utilities
Table of Content
1 Wafer Solar Cell Market Overview
1.1 Wafer Solar Cell Product Description
1.2 Wafer Solar Cell Market Segment by Type
1.3 Global Wafer Solar Cell Market Size by Type
1.3.1 Global Wafer Solar Cell Market Size Overview by Type
1.3.2 Global Wafer Solar Cell Historic Market Size Review by Type
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wafer Solar Cell Sales Breakdown by Type
1.4.2 Europe Wafer Solar Cell Sales Breakdown by Type
1.4.3 Asia-Pacific Wafer Solar Cell Sales Breakdown by Type
1.4.4 Latin America Wafer Solar Cell Sales Breakdown by Type
1.4.5 Middle East and Africa Wafer Solar Cell Sales Breakdown by Type
2 Global Wafer Solar Cell by Application
2.1 Wafer Solar Cell Market Segment by Application
2.2 Global Wafer Solar Cell Market Size by Application
2.2.1 Global Wafer Solar Cell Market Size Overview by Application
2.2.2 Global Wafer Solar Cell Historic Market Size Review by Application
2.3 Key Regions Market Size Segment by Application
2.3.1 North America Wafer Solar Cell Sales Breakdown by Application
2.3.2 Europe Wafer Solar Cell Sales Breakdown by Application
2.3.3 Asia-Pacific Wafer Solar Cell Sales Breakdown by Application
2.3.4 Latin America Wafer Solar Cell Sales Breakdown by Application
2.3.5 Middle East and Africa Wafer Solar Cell Sales Breakdown by Application
3 Wafer Solar Cell Status and Outlook by Region
3.1 Global Wafer Solar Cell Market Size and CAGR by Region: 2018 VS 2023 VS 2029
3.2 Global Wafer Solar Cell Historic Market Size by Region
3.2.1 Global Wafer Solar Cell Sales in Volume by Region
3.2.2 Global Wafer Solar Cell Sales in Value by Region
3.2.3 Global Wafer Solar Cell Sales Price and Gross Margin
3.3 Global Wafer Solar Cell Forecasted Market Size by Region
3.3.1 Global Wafer Solar Cell Sales in Volume by Region
3.3.2 Global Wafer Solar Cell Sales in Value by Region
3.3.3 Global Wafer Solar Cell Sales Price and Gross Margin
4 Global Wafer Solar Cell Market Competition by Company
4.1 Global Top Players by Wafer Solar Cell Sales
4.2 Global Top Players by Wafer Solar Cell Revenue
4.3 Global Top Players Wafer Solar Cell Price
4.4 Global Top Manufacturers Wafer Solar Cell Manufacturing Base Distribution, Sales Area, Product Type
4.5 Wafer Solar Cell Market Competitive Situation and Trends
4.5.1 Wafer Solar Cell Market Concentration Rate
4.5.2 Global 3 and 6 Largest Manufacturers by Wafer Solar Cell Sales and Revenue in 2022
4.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wafer Solar Cell as of 2022)
4.7 Date of Key Manufacturers Enter into Wafer Solar Cell Market
4.8 Key Manufacturers Wafer Solar Cell Product Offered
4.9 Mergers & Acquisitions, Expansion
5 North America Wafer Solar Cell by Country
5.1 North America Wafer Solar Cell Historic Market Size by Country
5.1.1 North America Wafer Solar Cell Sales in Volume by Country
5.1.2 North America Wafer Solar Cell Sales in Value by Country
5.2 North America Wafer Solar Cell Forecasted Market Size by Country
5.2.1 North America Wafer Solar Cell Sales in Volume by Country
5.2.2 North America Wafer Solar Cell Sales in Value by Country
6 Europe Wafer Solar Cell by Country
6.1 Europe Wafer Solar Cell Historic Market Size by Country
6.1.1 Europe Wafer Solar Cell Sales in Volume by Country
6.1.2 Europe Wafer Solar Cell Sales in Value by Country
6.2 Europe Wafer Solar Cell Forecasted Market Size by Country
6.2.1 Europe Wafer Solar Cell Sales in Volume by Country
6.2.2 Europe Wafer Solar Cell Sales in Value by Country
7 Asia-Pacific Wafer Solar Cell by Country
7.1 Asia-Pacific Wafer Solar Cell Historic Market Size by Country
7.1.1 Asia-Pacific Wafer Solar Cell Sales in Volume by Country
7.1.2 Asia-Pacific Wafer Solar Cell Sales in Value by Country
7.2 Asia-Pacific Wafer Solar Cell Forecasted Market Size by Country
7.2.1 Asia-Pacific Wafer Solar Cell Sales in Volume by Country
7.2.2 Asia-Pacific Wafer Solar Cell Sales in Value by Country
8 Latin America Wafer Solar Cell by Country
8.1 Latin America Wafer Solar Cell Historic Market Size by Country
8.1.1 Latin America Wafer Solar Cell Sales in Volume by Country
8.1.2 Latin America Wafer Solar Cell Sales in Value by Country
8.2 Latin America Wafer Solar Cell Forecasted Market Size by Country
8.2.1 8.2.1 Latin America Wafer Solar Cell Sales in Volume by Country
8.2.2 8.2.2 Latin America Wafer Solar Cell Sales in Value by Country
9 Middle East and Africa Wafer Solar Cell by Country
9.1 Middle East and Africa Wafer Solar Cell Historic Market Size by Country
9.1.1 Middle East and Africa Wafer Solar Cell Sales in Volume by Country
9.1.2 Middle East and Africa Wafer Solar Cell Sales in Value by Country
9.2 Middle East and Africa Wafer Solar Cell Forecasted Market Size by Country
9.2.1 Middle East and Africa Wafer Solar Cell Sales in Volume by Country
9.2.2 Middle East and Africa Wafer Solar Cell Sales in Value by Country
10 Manufacturers Profiles
10.1 SunPower Corporation (U.S.)
10.1.1 SunPower Corporation (U.S.) Information
10.1.2 Business Overview
10.1.3 SunPower Corporation (U.S.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.1.4 Wafer Solar Cell Products Offered
10.1.5 SunPower Corporation (U.S.) Recent Development
10.2 Suniva Inc (U.S.)
10.2.1 Suniva Inc (U.S.) Information
10.2.2 Business Overview
10.2.3 Suniva Inc (U.S.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.2.4 Wafer Solar Cell Products Offered
10.2.5 Suniva Inc (U.S.) Recent Development
10.3 Tata Power Solar Systems Ltd. (India)
10.3.1 Tata Power Solar Systems Ltd. (India) Information
10.3.2 Business Overview
10.3.3 Tata Power Solar Systems Ltd. (India) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.3.4 Wafer Solar Cell Products Offered
10.3.5 Tata Power Solar Systems Ltd. (India) Recent Development
10.4 SHARP CORPORATION (Japan)
10.4.1 SHARP CORPORATION (Japan) Information
10.4.2 Business Overview
10.4.3 SHARP CORPORATION (Japan) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.4.4 Wafer Solar Cell Products Offered
10.4.5 SHARP CORPORATION (Japan) Recent Development
10.5 ALPS Technology Inc. (U.S.)
10.5.1 ALPS Technology Inc. (U.S.) Information
10.5.2 Business Overview
10.5.3 ALPS Technology Inc. (U.S.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.5.4 Wafer Solar Cell Products Offered
10.5.5 ALPS Technology Inc. (U.S.) Recent Development
10.6 Solaris Technology Industry, Inc. (India)
10.6.1 Solaris Technology Industry, Inc. (India) Information
10.6.2 Business Overview
10.6.3 Solaris Technology Industry, Inc. (India) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.6.4 Wafer Solar Cell Products Offered
10.6.5 Solaris Technology Industry, Inc. (India) Recent Development
10.7 GREEN BRILLIANCE RENEWABLE ENERGY LLP (India)
10.7.1 GREEN BRILLIANCE RENEWABLE ENERGY LLP (India) Information
10.7.2 Business Overview
10.7.3 GREEN BRILLIANCE RENEWABLE ENERGY LLP (India) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.7.4 Wafer Solar Cell Products Offered
10.7.5 GREEN BRILLIANCE RENEWABLE ENERGY LLP (India) Recent Development
10.8 Trina Solar (China)
10.8.1 Trina Solar (China) Information
10.8.2 Business Overview
10.8.3 Trina Solar (China) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.8.4 Wafer Solar Cell Products Offered
10.8.5 Trina Solar (China) Recent Development
10.9 Canadian Solar. (Canada)
10.9.1 Canadian Solar. (Canada) Information
10.9.2 Business Overview
10.9.3 Canadian Solar. (Canada) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.9.4 Wafer Solar Cell Products Offered
10.9.5 Canadian Solar. (Canada) Recent Development
10.10 Exeger Operations AB (Sweden)
10.10.1 Exeger Operations AB (Sweden) Information
10.10.2 Business Overview
10.10.3 Exeger Operations AB (Sweden) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.10.4 Wafer Solar Cell Products Offered
10.10.5 Exeger Operations AB (Sweden) Recent Development
10.11 Fujikura Europe Ltd. (U.K.)
10.11.1 Fujikura Europe Ltd. (U.K.) Information
10.11.2 Business Overview
10.11.3 Fujikura Europe Ltd. (U.K.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.11.4 Wafer Solar Cell Products Offered
10.11.5 Fujikura Europe Ltd. (U.K.) Recent Development
10.12 G24 Power Ltd. (U.K.)
10.12.1 G24 Power Ltd. (U.K.) Information
10.12.2 Business Overview
10.12.3 G24 Power Ltd. (U.K.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.12.4 Wafer Solar Cell Products Offered
10.12.5 G24 Power Ltd. (U.K.) Recent Development
10.13 Konica Minolta Sensing Europe B.V. (Netherlands)
10.13.1 Konica Minolta Sensing Europe B.V. (Netherlands) Information
10.13.2 Business Overview
10.13.3 Konica Minolta Sensing Europe B.V. (Netherlands) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.13.4 Wafer Solar Cell Products Offered
10.13.5 Konica Minolta Sensing Europe B.V. (Netherlands) Recent Development
10.14 Merck KGaA (Germany)
10.14.1 Merck KGaA (Germany) Information
10.14.2 Business Overview
10.14.3 Merck KGaA (Germany) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.14.4 Wafer Solar Cell Products Offered
10.14.5 Merck KGaA (Germany) Recent Development
10.15 Oxford PV (U.K.)
10.15.1 Oxford PV (U.K.) Information
10.15.2 Business Overview
10.15.3 Oxford PV (U.K.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.15.4 Wafer Solar Cell Products Offered
10.15.5 Oxford PV (U.K.) Recent Development
10.16 Peccell Technologies, Inc. (Japan)
10.16.1 Peccell Technologies, Inc. (Japan) Information
10.16.2 Business Overview
10.16.3 Peccell Technologies, Inc. (Japan) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.16.4 Wafer Solar Cell Products Offered
10.16.5 Peccell Technologies, Inc. (Japan) Recent Development
10.17 Sharp Corporation (Japan)
10.17.1 Sharp Corporation (Japan) Information
10.17.2 Business Overview
10.17.3 Sharp Corporation (Japan) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.17.4 Wafer Solar Cell Products Offered
10.17.5 Sharp Corporation (Japan) Recent Development
10.18 Solaronix SA (Switzerland)
10.18.1 Solaronix SA (Switzerland) Information
10.18.2 Business Overview
10.18.3 Solaronix SA (Switzerland) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.18.4 Wafer Solar Cell Products Offered
10.18.5 Solaronix SA (Switzerland) Recent Development
10.19 Sony Corporation (Japan)
10.19.1 Sony Corporation (Japan) Information
10.19.2 Business Overview
10.19.3 Sony Corporation (Japan) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.19.4 Wafer Solar Cell Products Offered
10.19.5 Sony Corporation (Japan) Recent Development
10.20 Ricoh (Japan)
10.20.1 Ricoh (Japan) Information
10.20.2 Business Overview
10.20.3 Ricoh (Japan) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.20.4 Wafer Solar Cell Products Offered
10.20.5 Ricoh (Japan) Recent Development
10.21 First Solar (U.S.)
10.21.1 First Solar (U.S.) Information
10.21.2 Business Overview
10.21.3 First Solar (U.S.) Wafer Solar Cell Sales, Price, Revenue, Gross Margin
10.21.4 Wafer Solar Cell Products Offered
10.21.5 First Solar (U.S.) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wafer Solar Cell 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 Wafer Solar Cell Industrial Chain Analysis
11.4 Wafer Solar Cell Market Dynamics
11.4.1 Wafer Solar Cell Industry Trends
11.4.2 Wafer Solar Cell Growth Drivers
11.4.3 Wafer Solar Cell Market Challenges
11.4.4 Wafer Solar Cell Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wafer Solar Cell Distributors
12.3 Wafer Solar Cell Downstream Customers
13 Research Findings and Conclusion
14 Methodology and Data Source
14.1 A Methodology
14.1.1 Research Process
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 B Data Source
14.2.1 Legal Disclaimer
Research Methodology:
Global Wafer Solar Cell Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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