Report overview
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume.
This report aims to provide a comprehensive presentation of the global market for PV (Photovoltaics), 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 PV (Photovoltaics). This report contains market size and forecasts of PV (Photovoltaics) in global, including the following market information:
Global PV (Photovoltaics) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global PV (Photovoltaics) Market Sales, 2018-2023, 2024-2029, (MW)
Global top five PV (Photovoltaics) companies in 2022 (%)
The global PV (Photovoltaics) market was valued at US$ 70490 million in 2022 and is projected to reach US$ 118150 million by 2029, at a CAGR of 7.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global PV (Photovoltaics) key players include Jinko Solar, Trina Solar, Canadian Solar, Hanwha, JA Solar, etc. Global top five players hold a share about 40%.
China is the largest market, with a share about 30%, followed by North America and Europe, having a total share about 30 percent.
In terms of product, Polycrystalline Silicon is the largest segment, with a share about 60%. And in terms of application, the largest application is Ground Station, followed by Residential, Commercial.
We surveyed the PV (Photovoltaics) 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 PV (Photovoltaics) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global PV (Photovoltaics) Market Segment Percentages, by Type, 2022 (%)
Single Crystal Silicon
Polycrystalline Silicon
Other
Global PV (Photovoltaics) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global PV (Photovoltaics) Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Ground Station
Global PV (Photovoltaics) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global PV (Photovoltaics) 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 PV (Photovoltaics) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies PV (Photovoltaics) revenues share in global market, 2022 (%)
Key companies PV (Photovoltaics) sales in global market, 2018-2023 (Estimated), (MW)
Key companies PV (Photovoltaics) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jinko Solar
Trina Solar
Canadian Solar
Hanwha
JA Solar
First Solar
ReneSola
Yingli
SunPower
Eging PV
Chint Group
Shunfeng
Risen
Solarworld
REC Group
CSUN
Hareonsolar
Kyocera Solar
Solar Frontier
HT-SAAE
SoloPower
NSP
Hanergy
Outline of Major Chapters:
Chapter 1: Introduces the definition of PV (Photovoltaics), market overview.
Chapter 2: Global PV (Photovoltaics) market size in revenue and volume.
Chapter 3: Detailed analysis of PV (Photovoltaics) 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 PV (Photovoltaics) 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 PV (Photovoltaics) 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.