Heterojunctions are commonly formed through the interface of a crystalline silicon substrate and an amorphous Silicon passivation layer in solar cells. The Heterojunction with Intrinsic Thin-Layer (HIT) solar cell structure was first developed in 1983 and commercialised by Sanyo/Panasonic. HIT solar cells now hold the record for the most efficient single-junction silicon solar cell, with a conversion efficiency of 26.7%.
Highlights
The global HIT (HJT) Solar Cell market was valued at US$ 1532.7 million in 2022 and is anticipated to reach US$ 1937 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
Global key players of HIT (Heterojunction) Solar Cell include Panasonic, REC, etc. Global top 3 companies hold a share over 50%. Asia is the largest market, with a share about 80%, followed by Europe with the share about 10%. In terms of product, Monofacial Cell is the largest segment, with a share over 50%. And in terms of application, the largest application is PV Power Station, with a share over 70%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for HIT (HJT) Solar Cell, 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 HIT (HJT) Solar Cell.
The HIT (HJT) Solar Cell market size, estimations, and forecasts are provided in terms of sales volume (KW) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global HIT (HJT) 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 HIT (HJT) Solar Cell manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
By Company
Panasonic
Sanyo
EAS Batteries GmbH
Suzhou Maxwell
Tongwei Co.Ltd
Risen Energy
China Petroleum Jilin Chemical Eng & Con
Jiangsu Akcome
Jinchen Machinery
Meyer Burger
Sunpreme Inc.
Kaneka Corporation
Segment by Type
Battery Conversion Rate 23%-24%
Battery Conversion Rate 24%-25%
Battery Conversion Rate 25%-26%
Others
Segment by Application
Commercial
Residential
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HIT (HJT) Solar Cell manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of HIT (HJT) Solar Cell in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces 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 9: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 HIT (HJT) Solar Cell Market Overview
1.1 Product Overview and Scope of HIT (HJT) Solar Cell
1.2 HIT (HJT) Solar Cell Segment by Type
1.2.1 Global HIT (HJT) Solar Cell Market Value Comparison by Type (2023-2029)
1.2.2 Battery Conversion Rate 23%-24%
1.2.3 Battery Conversion Rate 24%-25%
1.2.4 Battery Conversion Rate 25%-26%
1.2.5 Others
1.3 HIT (HJT) Solar Cell Segment by Application
1.3.1 Global HIT (HJT) Solar Cell Market Value by Application: (2023-2029)
1.3.2 Commercial
1.3.3 Residential
1.3.4 Others
1.4 Global HIT (HJT) Solar Cell Market Size Estimates and Forecasts
1.4.1 Global HIT (HJT) Solar Cell Revenue 2018-2029
1.4.2 Global HIT (HJT) Solar Cell Sales 2018-2029
1.4.3 Global HIT (HJT) Solar Cell Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 HIT (HJT) Solar Cell Market Competition by Manufacturers
2.1 Global HIT (HJT) Solar Cell Sales Market Share by Manufacturers (2018-2023)
2.2 Global HIT (HJT) Solar Cell Revenue Market Share by Manufacturers (2018-2023)
2.3 Global HIT (HJT) Solar Cell Average Price by Manufacturers (2018-2023)
2.4 Global HIT (HJT) Solar Cell Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of HIT (HJT) Solar Cell, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of HIT (HJT) Solar Cell, Product Type & Application
2.7 HIT (HJT) Solar Cell Market Competitive Situation and Trends
2.7.1 HIT (HJT) Solar Cell Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest HIT (HJT) Solar Cell Players Market Share by Revenue
2.7.3 Global HIT (HJT) Solar Cell Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 HIT (HJT) Solar Cell Retrospective Market Scenario by Region
3.1 Global HIT (HJT) Solar Cell Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global HIT (HJT) Solar Cell Global HIT (HJT) Solar Cell Sales by Region: 2018-2029
3.2.1 Global HIT (HJT) Solar Cell Sales by Region: 2018-2023
3.2.2 Global HIT (HJT) Solar Cell Sales by Region: 2024-2029
3.3 Global HIT (HJT) Solar Cell Global HIT (HJT) Solar Cell Revenue by Region: 2018-2029
3.3.1 Global HIT (HJT) Solar Cell Revenue by Region: 2018-2023
3.3.2 Global HIT (HJT) Solar Cell Revenue by Region: 2024-2029
3.4 North America HIT (HJT) Solar Cell Market Facts & Figures by Country
3.4.1 North America HIT (HJT) Solar Cell Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America HIT (HJT) Solar Cell Sales by Country (2018-2029)
3.4.3 North America HIT (HJT) Solar Cell Revenue by Country (2018-2029)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe HIT (HJT) Solar Cell Market Facts & Figures by Country
3.5.1 Europe HIT (HJT) Solar Cell Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe HIT (HJT) Solar Cell Sales by Country (2018-2029)
3.5.3 Europe HIT (HJT) Solar Cell Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific HIT (HJT) Solar Cell Market Facts & Figures by Country
3.6.1 Asia Pacific HIT (HJT) Solar Cell Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific HIT (HJT) Solar Cell Sales by Country (2018-2029)
3.6.3 Asia Pacific HIT (HJT) Solar Cell Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America HIT (HJT) Solar Cell Market Facts & Figures by Country
3.7.1 Latin America HIT (HJT) Solar Cell Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America HIT (HJT) Solar Cell Sales by Country (2018-2029)
3.7.3 Latin America HIT (HJT) Solar Cell Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa HIT (HJT) Solar Cell Market Facts & Figures by Country
3.8.1 Middle East and Africa HIT (HJT) Solar Cell Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa HIT (HJT) Solar Cell Sales by Country (2018-2029)
3.8.3 Middle East and Africa HIT (HJT) Solar Cell Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global HIT (HJT) Solar Cell Sales by Type (2018-2029)
4.1.1 Global HIT (HJT) Solar Cell Sales by Type (2018-2023)
4.1.2 Global HIT (HJT) Solar Cell Sales by Type (2024-2029)
4.1.3 Global HIT (HJT) Solar Cell Sales Market Share by Type (2018-2029)
4.2 Global HIT (HJT) Solar Cell Revenue by Type (2018-2029)
4.2.1 Global HIT (HJT) Solar Cell Revenue by Type (2018-2023)
4.2.2 Global HIT (HJT) Solar Cell Revenue by Type (2024-2029)
4.2.3 Global HIT (HJT) Solar Cell Revenue Market Share by Type (2018-2029)
4.3 Global HIT (HJT) Solar Cell Price by Type (2018-2029)
5 Segment by Application
5.1 Global HIT (HJT) Solar Cell Sales by Application (2018-2029)
5.1.1 Global HIT (HJT) Solar Cell Sales by Application (2018-2023)
5.1.2 Global HIT (HJT) Solar Cell Sales by Application (2024-2029)
5.1.3 Global HIT (HJT) Solar Cell Sales Market Share by Application (2018-2029)
5.2 Global HIT (HJT) Solar Cell Revenue by Application (2018-2029)
5.2.1 Global HIT (HJT) Solar Cell Revenue by Application (2018-2023)
5.2.2 Global HIT (HJT) Solar Cell Revenue by Application (2024-2029)
5.2.3 Global HIT (HJT) Solar Cell Revenue Market Share by Application (2018-2029)
5.3 Global HIT (HJT) Solar Cell Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Panasonic
6.1.1 Panasonic Corporation Information
6.1.2 Panasonic Description and Business Overview
6.1.3 Panasonic HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Panasonic HIT (HJT) Solar Cell Product Portfolio
6.1.5 Panasonic Recent Developments/Updates
6.2 Sanyo
6.2.1 Sanyo Corporation Information
6.2.2 Sanyo Description and Business Overview
6.2.3 Sanyo HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.2.4 Sanyo HIT (HJT) Solar Cell Product Portfolio
6.2.5 Sanyo Recent Developments/Updates
6.3 EAS Batteries GmbH
6.3.1 EAS Batteries GmbH Corporation Information
6.3.2 EAS Batteries GmbH Description and Business Overview
6.3.3 EAS Batteries GmbH HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.3.4 EAS Batteries GmbH HIT (HJT) Solar Cell Product Portfolio
6.3.5 EAS Batteries GmbH Recent Developments/Updates
6.4 Suzhou Maxwell
6.4.1 Suzhou Maxwell Corporation Information
6.4.2 Suzhou Maxwell Description and Business Overview
6.4.3 Suzhou Maxwell HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Suzhou Maxwell HIT (HJT) Solar Cell Product Portfolio
6.4.5 Suzhou Maxwell Recent Developments/Updates
6.5 Tongwei Co.Ltd
6.5.1 Tongwei Co.Ltd Corporation Information
6.5.2 Tongwei Co.Ltd Description and Business Overview
6.5.3 Tongwei Co.Ltd HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.5.4 Tongwei Co.Ltd HIT (HJT) Solar Cell Product Portfolio
6.5.5 Tongwei Co.Ltd Recent Developments/Updates
6.6 Risen Energy
6.6.1 Risen Energy Corporation Information
6.6.2 Risen Energy Description and Business Overview
6.6.3 Risen Energy HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.6.4 Risen Energy HIT (HJT) Solar Cell Product Portfolio
6.6.5 Risen Energy Recent Developments/Updates
6.7 China Petroleum Jilin Chemical Eng & Con
6.6.1 China Petroleum Jilin Chemical Eng & Con Corporation Information
6.6.2 China Petroleum Jilin Chemical Eng & Con Description and Business Overview
6.6.3 China Petroleum Jilin Chemical Eng & Con HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.4.4 China Petroleum Jilin Chemical Eng & Con HIT (HJT) Solar Cell Product Portfolio
6.7.5 China Petroleum Jilin Chemical Eng & Con Recent Developments/Updates
6.8 Jiangsu Akcome
6.8.1 Jiangsu Akcome Corporation Information
6.8.2 Jiangsu Akcome Description and Business Overview
6.8.3 Jiangsu Akcome HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Jiangsu Akcome HIT (HJT) Solar Cell Product Portfolio
6.8.5 Jiangsu Akcome Recent Developments/Updates
6.9 Jinchen Machinery
6.9.1 Jinchen Machinery Corporation Information
6.9.2 Jinchen Machinery Description and Business Overview
6.9.3 Jinchen Machinery HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.9.4 Jinchen Machinery HIT (HJT) Solar Cell Product Portfolio
6.9.5 Jinchen Machinery Recent Developments/Updates
6.10 Meyer Burger
6.10.1 Meyer Burger Corporation Information
6.10.2 Meyer Burger Description and Business Overview
6.10.3 Meyer Burger HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.10.4 Meyer Burger HIT (HJT) Solar Cell Product Portfolio
6.10.5 Meyer Burger Recent Developments/Updates
6.11 Sunpreme Inc.
6.11.1 Sunpreme Inc. Corporation Information
6.11.2 Sunpreme Inc. HIT (HJT) Solar Cell Description and Business Overview
6.11.3 Sunpreme Inc. HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.11.4 Sunpreme Inc. HIT (HJT) Solar Cell Product Portfolio
6.11.5 Sunpreme Inc. Recent Developments/Updates
6.12 Kaneka Corporation
6.12.1 Kaneka Corporation Corporation Information
6.12.2 Kaneka Corporation HIT (HJT) Solar Cell Description and Business Overview
6.12.3 Kaneka Corporation HIT (HJT) Solar Cell Sales, Revenue and Gross Margin (2018-2023)
6.12.4 Kaneka Corporation HIT (HJT) Solar Cell Product Portfolio
6.12.5 Kaneka Corporation Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 HIT (HJT) Solar Cell Industry Chain Analysis
7.2 HIT (HJT) Solar Cell Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 HIT (HJT) Solar Cell Production Mode & Process
7.4 HIT (HJT) Solar Cell Sales and Marketing
7.4.1 HIT (HJT) Solar Cell Sales Channels
7.4.2 HIT (HJT) Solar Cell Distributors
7.5 HIT (HJT) Solar Cell Customers
8 HIT (HJT) Solar Cell Market Dynamics
8.1 HIT (HJT) Solar Cell Industry Trends
8.2 HIT (HJT) Solar Cell Market Drivers
8.3 HIT (HJT) Solar Cell Market Challenges
8.4 HIT (HJT) Solar Cell Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Panasonic
Sanyo
EAS Batteries GmbH
Suzhou Maxwell
Tongwei Co.Ltd
Risen Energy
China Petroleum Jilin Chemical Eng & Con
Jiangsu Akcome
Jinchen Machinery
Meyer Burger
Sunpreme Inc.
Kaneka Corporation
*If Applicable.