The global Solar Photovoltaic (PV) Cells and Modules market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.45 GW.
This report aims to provide a comprehensive presentation of the global market for Solar Photovoltaic (PV) Cells and Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Photovoltaic (PV) Cells and Modules.
Report Scope
The Solar Photovoltaic (PV) Cells and Modules market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Photovoltaic (PV) Cells and Modules 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 Solar Photovoltaic (PV) Cells and Modules 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.
Market Segmentation
By Company
ReneSola
Canadian Solar
CsunSolarTech
Waaree
REC Solar Holdings
Jinko Solar
JA SOLAR Technology
Hanwha Group
Trina Solar
First Solar
Solaria
Segment by Type
Passivated Emitter Rear Cell (PERC)
Tunnel Oxide Passivated Contact (TOPCon)
Heterojunction Technology (HJT)
Heterojunction Interdigitated Back Contact (IBC)
Others
Segment by Application
Residential
Commercial
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 Solar Photovoltaic (PV) Cells and Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Solar Photovoltaic (PV) Cells and Modules 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 main 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.
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1 Solar Photovoltaic (PV) Cells and Modules Market Overview
1.1 Product Overview and Scope of Solar Photovoltaic (PV) Cells and Modules
1.2 Solar Photovoltaic (PV) Cells and Modules Segment by Type
1.2.1 Global Solar Photovoltaic (PV) Cells and Modules Market Value Comparison by Type (2024-2030)
1.2.2 Passivated Emitter Rear Cell (PERC)
1.2.3 Tunnel Oxide Passivated Contact (TOPCon)
1.2.4 Heterojunction Technology (HJT)
1.2.5 Heterojunction Interdigitated Back Contact (IBC)
1.2.6 Others
1.3 Solar Photovoltaic (PV) Cells and Modules Segment by Application
1.3.1 Global Solar Photovoltaic (PV) Cells and Modules Market Value by Application: (2024-2030)
1.3.2 Residential
1.3.3 Commercial
1.4 Global Solar Photovoltaic (PV) Cells and Modules Market Size Estimates and Forecasts
1.4.1 Global Solar Photovoltaic (PV) Cells and Modules Revenue 2019-2030
1.4.2 Global Solar Photovoltaic (PV) Cells and Modules Sales 2019-2030
1.4.3 Global Solar Photovoltaic (PV) Cells and Modules Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Solar Photovoltaic (PV) Cells and Modules Market Competition by Manufacturers
2.1 Global Solar Photovoltaic (PV) Cells and Modules Sales Market Share by Manufacturers (2019-2024)
2.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Solar Photovoltaic (PV) Cells and Modules Average Price by Manufacturers (2019-2024)
2.4 Global Solar Photovoltaic (PV) Cells and Modules Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Solar Photovoltaic (PV) Cells and Modules, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Solar Photovoltaic (PV) Cells and Modules, Product Type & Application
2.7 Solar Photovoltaic (PV) Cells and Modules Market Competitive Situation and Trends
2.7.1 Solar Photovoltaic (PV) Cells and Modules Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Solar Photovoltaic (PV) Cells and Modules Players Market Share by Revenue
2.7.3 Global Solar Photovoltaic (PV) Cells and Modules Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Solar Photovoltaic (PV) Cells and Modules Retrospective Market Scenario by Region
3.1 Global Solar Photovoltaic (PV) Cells and Modules Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Solar Photovoltaic (PV) Cells and Modules Global Solar Photovoltaic (PV) Cells and Modules Sales by Region: 2019-2030
3.2.1 Global Solar Photovoltaic (PV) Cells and Modules Sales by Region: 2019-2024
3.2.2 Global Solar Photovoltaic (PV) Cells and Modules Sales by Region: 2025-2030
3.3 Global Solar Photovoltaic (PV) Cells and Modules Global Solar Photovoltaic (PV) Cells and Modules Revenue by Region: 2019-2030
3.3.1 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Region: 2019-2024
3.3.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Region: 2025-2030
3.4 North America Solar Photovoltaic (PV) Cells and Modules Market Facts & Figures by Country
3.4.1 North America Solar Photovoltaic (PV) Cells and Modules Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Solar Photovoltaic (PV) Cells and Modules Sales by Country (2019-2030)
3.4.3 North America Solar Photovoltaic (PV) Cells and Modules Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Solar Photovoltaic (PV) Cells and Modules Market Facts & Figures by Country
3.5.1 Europe Solar Photovoltaic (PV) Cells and Modules Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Solar Photovoltaic (PV) Cells and Modules Sales by Country (2019-2030)
3.5.3 Europe Solar Photovoltaic (PV) Cells and Modules Revenue by Country (2019-2030)
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 Solar Photovoltaic (PV) Cells and Modules Market Facts & Figures by Country
3.6.1 Asia Pacific Solar Photovoltaic (PV) Cells and Modules Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Solar Photovoltaic (PV) Cells and Modules Sales by Country (2019-2030)
3.6.3 Asia Pacific Solar Photovoltaic (PV) Cells and Modules Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Solar Photovoltaic (PV) Cells and Modules Market Facts & Figures by Country
3.7.1 Latin America Solar Photovoltaic (PV) Cells and Modules Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Solar Photovoltaic (PV) Cells and Modules Sales by Country (2019-2030)
3.7.3 Latin America Solar Photovoltaic (PV) Cells and Modules Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Solar Photovoltaic (PV) Cells and Modules Market Facts & Figures by Country
3.8.1 Middle East and Africa Solar Photovoltaic (PV) Cells and Modules Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Solar Photovoltaic (PV) Cells and Modules Sales by Country (2019-2030)
3.8.3 Middle East and Africa Solar Photovoltaic (PV) Cells and Modules Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Solar Photovoltaic (PV) Cells and Modules Sales by Type (2019-2030)
4.1.1 Global Solar Photovoltaic (PV) Cells and Modules Sales by Type (2019-2024)
4.1.2 Global Solar Photovoltaic (PV) Cells and Modules Sales by Type (2025-2030)
4.1.3 Global Solar Photovoltaic (PV) Cells and Modules Sales Market Share by Type (2019-2030)
4.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Type (2019-2030)
4.2.1 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Type (2019-2024)
4.2.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Type (2025-2030)
4.2.3 Global Solar Photovoltaic (PV) Cells and Modules Revenue Market Share by Type (2019-2030)
4.3 Global Solar Photovoltaic (PV) Cells and Modules Price by Type (2019-2030)
5 Segment by Application
5.1 Global Solar Photovoltaic (PV) Cells and Modules Sales by Application (2019-2030)
5.1.1 Global Solar Photovoltaic (PV) Cells and Modules Sales by Application (2019-2024)
5.1.2 Global Solar Photovoltaic (PV) Cells and Modules Sales by Application (2025-2030)
5.1.3 Global Solar Photovoltaic (PV) Cells and Modules Sales Market Share by Application (2019-2030)
5.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Application (2019-2030)
5.2.1 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Application (2019-2024)
5.2.2 Global Solar Photovoltaic (PV) Cells and Modules Revenue by Application (2025-2030)
5.2.3 Global Solar Photovoltaic (PV) Cells and Modules Revenue Market Share by Application (2019-2030)
5.3 Global Solar Photovoltaic (PV) Cells and Modules Price by Application (2019-2030)
6 Key Companies Profiled
6.1 ReneSola
6.1.1 ReneSola Corporation Information
6.1.2 ReneSola Description and Business Overview
6.1.3 ReneSola Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.1.4 ReneSola Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.1.5 ReneSola Recent Developments/Updates
6.2 Canadian Solar
6.2.1 Canadian Solar Corporation Information
6.2.2 Canadian Solar Description and Business Overview
6.2.3 Canadian Solar Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Canadian Solar Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.2.5 Canadian Solar Recent Developments/Updates
6.3 CsunSolarTech
6.3.1 CsunSolarTech Corporation Information
6.3.2 CsunSolarTech Description and Business Overview
6.3.3 CsunSolarTech Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.3.4 CsunSolarTech Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.3.5 CsunSolarTech Recent Developments/Updates
6.4 Waaree
6.4.1 Waaree Corporation Information
6.4.2 Waaree Description and Business Overview
6.4.3 Waaree Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Waaree Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.4.5 Waaree Recent Developments/Updates
6.5 REC Solar Holdings
6.5.1 REC Solar Holdings Corporation Information
6.5.2 REC Solar Holdings Description and Business Overview
6.5.3 REC Solar Holdings Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.5.4 REC Solar Holdings Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.5.5 REC Solar Holdings Recent Developments/Updates
6.6 Jinko Solar
6.6.1 Jinko Solar Corporation Information
6.6.2 Jinko Solar Description and Business Overview
6.6.3 Jinko Solar Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Jinko Solar Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.6.5 Jinko Solar Recent Developments/Updates
6.7 JA SOLAR Technology
6.6.1 JA SOLAR Technology Corporation Information
6.6.2 JA SOLAR Technology Description and Business Overview
6.6.3 JA SOLAR Technology Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.4.4 JA SOLAR Technology Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.7.5 JA SOLAR Technology Recent Developments/Updates
6.8 Hanwha Group
6.8.1 Hanwha Group Corporation Information
6.8.2 Hanwha Group Description and Business Overview
6.8.3 Hanwha Group Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Hanwha Group Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.8.5 Hanwha Group Recent Developments/Updates
6.9 Trina Solar
6.9.1 Trina Solar Corporation Information
6.9.2 Trina Solar Description and Business Overview
6.9.3 Trina Solar Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Trina Solar Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.9.5 Trina Solar Recent Developments/Updates
6.10 First Solar
6.10.1 First Solar Corporation Information
6.10.2 First Solar Description and Business Overview
6.10.3 First Solar Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.10.4 First Solar Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.10.5 First Solar Recent Developments/Updates
6.11 Solaria
6.11.1 Solaria Corporation Information
6.11.2 Solaria Solar Photovoltaic (PV) Cells and Modules Description and Business Overview
6.11.3 Solaria Solar Photovoltaic (PV) Cells and Modules Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Solaria Solar Photovoltaic (PV) Cells and Modules Product Portfolio
6.11.5 Solaria Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Solar Photovoltaic (PV) Cells and Modules Industry Chain Analysis
7.2 Solar Photovoltaic (PV) Cells and Modules Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Solar Photovoltaic (PV) Cells and Modules Production Mode & Process
7.4 Solar Photovoltaic (PV) Cells and Modules Sales and Marketing
7.4.1 Solar Photovoltaic (PV) Cells and Modules Sales Channels
7.4.2 Solar Photovoltaic (PV) Cells and Modules Distributors
7.5 Solar Photovoltaic (PV) Cells and Modules Customers
8 Solar Photovoltaic (PV) Cells and Modules Market Dynamics
8.1 Solar Photovoltaic (PV) Cells and Modules Industry Trends
8.2 Solar Photovoltaic (PV) Cells and Modules Market Drivers
8.3 Solar Photovoltaic (PV) Cells and Modules Market Challenges
8.4 Solar Photovoltaic (PV) Cells and Modules 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
ReneSola
Canadian Solar
CsunSolarTech
Waaree
REC Solar Holdings
Jinko Solar
JA SOLAR Technology
Hanwha Group
Trina Solar
First Solar
Solaria
*If Applicable.