Report overview
Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.
Solar Cell (Photovoltaic) Equipment mainly refers to the solar module in photovoltaic industry. Solar module employs light energy (photons) from the sun to generate electricity through the photovoltaic effect. Most of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride (CdTe) or copper indium gallium selenide (CIGS). The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most solar modules are rigid, but semi-flexible ones are available, based on thin-film cells.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume. This report mainly covers the Solar Modules product type (Single Crystal Silicon, Polycrystalline Silicon and Other).
This report aims to provide a comprehensive presentation of the global market for Solar Cell (Photovoltaic) Equipment, 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 Cell (Photovoltaic) Equipment. This report contains market size and forecasts of Solar Cell (Photovoltaic) Equipment in global, including the following market information:
Global Solar Cell (Photovoltaic) Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Solar Cell (Photovoltaic) Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Solar Cell (Photovoltaic) Equipment companies in 2022 (%)
The global Solar Cell (Photovoltaic) Equipment market was valued at US$ 44700 million in 2022 and is projected to reach US$ 55570 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest Solar Cell (Photovoltaic) Equipment market with about 26% market share. Japan is follower, accounting for about 17% market share.
The key players are Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyocera Solar, Solar Frontier, Solarworld, NSP, Trina Solar, Canadian Solar, Jinko Solar, JA Solar, GCL System Integration, Yingli, Shunfeng, ReneSola, Risen, Chint Group, Hareonsolar, Eging PV, CSUN, BYD, HT-SAAE etc. Top 3 companies occupied about 24% market share.
We surveyed the Solar Cell (Photovoltaic) Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Cell (Photovoltaic) Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Cell (Photovoltaic) Equipment Market Segment Percentages, by Type, 2022 (%)
Single Crystal Silicon
Polycrystalline Silicon
Others
Global Solar Cell (Photovoltaic) Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Cell (Photovoltaic) Equipment Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Ground Station
Others
Global Solar Cell (Photovoltaic) Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Cell (Photovoltaic) Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Cell (Photovoltaic) Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solar Cell (Photovoltaic) Equipment revenues share in global market, 2022 (%)
Key companies Solar Cell (Photovoltaic) Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Solar Cell (Photovoltaic) Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hanwha
First Solar
SunPower
Elkem Solar
Sharp
Kyocera Solar
Solar Frontier
Solarworld
NSP
Trina Solar
Canadian Solar
Jinko Solar
JA Solar
GCL System Integration
Yingli
Shunfeng
ReneSola
Risen
Chint Group
Hareonsolar
Eging PV
CSUN
BYD
HT-SAAE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar Cell (Photovoltaic) Equipment, market overview.
Chapter 2: Global Solar Cell (Photovoltaic) Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Solar Cell (Photovoltaic) Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
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: Sales of Solar Cell (Photovoltaic) Equipment 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 of each country in the world.
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: Global Solar Cell (Photovoltaic) Equipment capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
