Solar Cell (Photovoltaic) Market Growth, Analysis, and Forecast to 2028
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Solar Cell (Photovoltaic) Market Size was estimated at USD 39970 million in 2021 and is projected to reach USD 81940 million by 2028, exhibiting a CAGR of 10.8% during the forecast period.
Global Solar Cell (Photovoltaic) Market Overview:
Global Solar Cell (Photovoltaic) Market Report 2022 comes with the extensive industry analysis byMarket IntelliX with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.This research study of Solar Cell (Photovoltaic) involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Scope of the Solar Cell (Photovoltaic) Market
The Solar Cell (Photovoltaic) Market Research report incorporate value chain analysis for each of the product type. Value chain analysis offers in depth information about value addition at each stage.The study includes drivers and restraints for Solar Cell (Photovoltaic) Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting thegrowth of the market. Research report includes major key player analysis with shares of each player inside market, growth rate and market attractiveness in different endusers/regions. Our study Solar Cell (Photovoltaic) Market helps user to make precise decision in order to expand their market presence and increase market share.
Impact of COVID-19 on Solar Cell (Photovoltaic) Market
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Solar Cell (Photovoltaic) market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Global Solar Cell (Photovoltaic) Market Segmentation
Global Solar Cell (Photovoltaic) Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
By Type, Solar Cell (Photovoltaic) market has been segmented into:
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
a-Si Modules
Other
By Application, Solar Cell (Photovoltaic) market has been segmented into:
PV Power Station
Commercial
Residential
Other
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Solar Cell (Photovoltaic) market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Solar Cell (Photovoltaic) market.
Top Key Players Covered in Solar Cell (Photovoltaic) market are:
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
Jolywood
Talesun Solar
HT-SAAE
Objective to buy this Report:
1. Solar Cell (Photovoltaic) analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Solar Cell (Photovoltaic) market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Solar Cell (Photovoltaic) Market by Type
5.1 Solar Cell (Photovoltaic) Market Overview Snapshot and Growth Engine
5.2 Solar Cell (Photovoltaic) Market Overview
5.3 Mono-Si Modules
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Mono-Si Modules: Geographic Segmentation
5.4 Multi-Si Modules
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Multi-Si Modules: Geographic Segmentation
5.5 CdTe Modules
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 CdTe Modules: Geographic Segmentation
5.6 CIGS Modules
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 CIGS Modules: Geographic Segmentation
5.7 a-Si Modules
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 a-Si Modules: Geographic Segmentation
5.8 Other
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2016-2028F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Other: Geographic Segmentation
Chapter 6: Solar Cell (Photovoltaic) Market by Application
6.1 Solar Cell (Photovoltaic) Market Overview Snapshot and Growth Engine
6.2 Solar Cell (Photovoltaic) Market Overview
6.3 PV Power Station
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 PV Power Station: Geographic Segmentation
6.4 Commercial
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Commercial: Geographic Segmentation
6.5 Residential
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Residential: Geographic Segmentation
6.6 Other
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Other: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Solar Cell (Photovoltaic) Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Solar Cell (Photovoltaic) Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Solar Cell (Photovoltaic) Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 JINKOSOLAR
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 LONGI
7.4 JA SOLAR
7.5 FIRST SOLAR
7.6 CANADIAN SOLAR
7.7 TRINA SOLAR
7.8 HANWHA SOLUTIONS
7.9 RISEN ENERGY
7.10 SERAPHIM
7.11 SUNPOWER
7.12 CHINT ELECTRICS
7.13 SOLARGIGA
7.14 SHUNFENG
7.15 LG BUSINESS SOLUTIONS
7.16 JINERGY
7.17 GCL SYSTEM
7.18 JOLYWOOD
7.19 TALESUN SOLAR
7.20 HT-SAAE
Chapter 8: Global Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Mono-Si Modules
8.2.2 Multi-Si Modules
8.2.3 CdTe Modules
8.2.4 CIGS Modules
8.2.5 a-Si Modules
8.2.6 Other
8.3 Historic and Forecasted Market Size By Application
8.3.1 PV Power Station
8.3.2 Commercial
8.3.3 Residential
8.3.4 Other
Chapter 9: North America Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Mono-Si Modules
9.4.2 Multi-Si Modules
9.4.3 CdTe Modules
9.4.4 CIGS Modules
9.4.5 a-Si Modules
9.4.6 Other
9.5 Historic and Forecasted Market Size By Application
9.5.1 PV Power Station
9.5.2 Commercial
9.5.3 Residential
9.5.4 Other
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Mono-Si Modules
10.4.2 Multi-Si Modules
10.4.3 CdTe Modules
10.4.4 CIGS Modules
10.4.5 a-Si Modules
10.4.6 Other
10.5 Historic and Forecasted Market Size By Application
10.5.1 PV Power Station
10.5.2 Commercial
10.5.3 Residential
10.5.4 Other
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Mono-Si Modules
11.4.2 Multi-Si Modules
11.4.3 CdTe Modules
11.4.4 CIGS Modules
11.4.5 a-Si Modules
11.4.6 Other
11.5 Historic and Forecasted Market Size By Application
11.5.1 PV Power Station
11.5.2 Commercial
11.5.3 Residential
11.5.4 Other
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Mono-Si Modules
12.4.2 Multi-Si Modules
12.4.3 CdTe Modules
12.4.4 CIGS Modules
12.4.5 a-Si Modules
12.4.6 Other
12.5 Historic and Forecasted Market Size By Application
12.5.1 PV Power Station
12.5.2 Commercial
12.5.3 Residential
12.5.4 Other
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Solar Cell (Photovoltaic) Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Mono-Si Modules
13.4.2 Multi-Si Modules
13.4.3 CdTe Modules
13.4.4 CIGS Modules
13.4.5 a-Si Modules
13.4.6 Other
13.5 Historic and Forecasted Market Size By Application
13.5.1 PV Power Station
13.5.2 Commercial
13.5.3 Residential
13.5.4 Other
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Research Methodology:
Solar Cell (Photovoltaic) 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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