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Solar Cells Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: October, 2022
No of Pages: 159
Delivery Format: PDF+Excel

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Industry Trends 

Solar Cells Market size valued at USD 26 billion in 2021 and is anticipated to grow at over 3% CAGR from 2022 to 2028. The soaring influx of renewable sources in the energy mix across major countries has driven the demand for sustainable technologies including solar cells.

Promising government incentives including auctions, tariffs, and tax exemptions are likely to foster investments across the solar market. In addition, rapid technological innovations and growing public awareness will transform solar cells from expensive and risk-driven to an economical & highly efficient industry, thus boosting demand in the coming years.

Solar cells are projected to witness substantial growth during the forecast period owing to the growing concerns toward rising carbon footprints across the globe coupled with the efforts by the policymakers to introduce cleaner fuels & technologies across the residential, commercial, and industrial sectors.

High efficiency and affordable cost will stimulate the demand growth for crystalline silicon type solar cells

Crystalline silicon is the most recognized solar cell material adopted across the globe. These units are predicted to showcase noteworthy growth during the forecast timeframe due to their high availability and comparatively economic cost. Crystalline silicon cells can attain 18% to 22% energy conversion efficiency when tested under standard operating conditions, which in turn, will further propel the technology penetration. Moreover, decreased energy losses coupled with immunity to boron-oxygen defects are a few of the key features offered by the N-type cells, which will further proliferate the market growth from crystalline silicon material.

Easy manufacturing procedures along with high availability to augment the monocrystalline solar cells market expansion

Monocrystalline cells offer a commercial efficiency of 20% to 24% and are manufactured using a single crystal growth method, which in turn, reduces the overall cost of the unit & makes them highly affordable over other alternatives. These units provide high efficiency, longevity, high embedded energy per panel, and low operational costs, thereby complementing product deployment over the last few years. Additionally, policymakers across the globe are launching favorable schemes and incentives to promote solar technology, which is further poised to enhance the global industry growth during the forecast period.

Ongoing technological advancements in solar cell technology will spur the market progression

The BSF segment accounted for USD 4 billion in 2021 led by the deployment of efficient substitutes. Major players involved across the industry are readily investing in R&D activities to develop innovative solar products to gain a competitive edge, therefore fostering the business outlook. These units are coated black to trap the sunlight, thereby reflecting less light and offering higher energy than standard painted cells. Although the technology is expected to register a subdued growth, however, maximum light absorption, reduced module cost, improved cell efficiency, increased environmental safety, and reduced capital costs are a few of the prominent factors that will accelerate the adoption of BSF units over standard cells in the coming years.

Strict regulatory mandates for the appropriate deployment of clean energy resources to create growth opportunities for North America region

North America solar cells market is estimated to reach USD 1 billion by 2028. Rising energy demand coupled with governmental efforts to deploy more renewable sources in their energy mix to curb the growing carbon emissions will complement the product demand. Regulators have further offered various fiscal incentives, investment tax credits, and renewable energy grid policies & rebates to promote the use of sustainable technologies including solar cells. Moreover, the rising voluntary procurement of solar systems by utilities along with growing PV installations across corporate offices and offsite commercial & industrial premises will further impel the regional growth.

Increased R&D activities and technological innovations will act as a focal point for manufacturers and solution providers

Key companies operating in the market include Panasonic Corporation, JINERGY, Hevel, ReneSola, United Renewable Energy, LLC, SunPower Corporation, Risen Solar, Trina Solar, and Jinko Solar. Major participants are engaged in increased R&D activities to develop innovative technologies and attain an economy of scale to enhance their market share. These leaders are also adopting strategic collaborations, acquisitions, agreements, and joint ventures to expand their reach & serve a bigger customer base, which will favor the industry expansion over the years. Furthermore, the major market shareholders are also engaged in forward and backward integration with after-sale service providers and raw material suppliers to further influence their presence in the market, thereby stimulating demand growth across the market.

The global solar cells market research report includes in-depth coverage of the industry with estimates & forecast in terms of MW and USD from 2018 to 2028 for the following segments:

Market, By Material

  • Crystalline
    • N Material
    • P Material
  • Thin Film

Market, By Product

  • BSF
  • PERC/PERL/PERT/TOPCON
  • HJT
  • IBC & MWT
  • Others

Market, By Technology

  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride (CDTE)
  • Amorphous Silicon (A-Si)
  • Copper Indium Gallium Diselenide

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
  • Europe
    • Germany
    • Spain
    • France
    • Netherlands
  • Asia Pacific
    • China
    • Malaysia
    • South Korea
    • Japan
    • Taiwan
    • India
  • Rest of the World

Report Content

Chapter 1   Methodology

1.1    Methodology

1.2    Market definitions

1.3    Market estimates and forecast parameters

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid sources

1.4.2.2    Public sources

Chapter 2   Executive Summary

2.1    Solar cells industry 3600 synopsis, 2018 – 2028

2.1.1    Business trends

2.1.2    Material trends

2.1.3    Technology trends

2.1.4    Product trends

2.1.5    Regional trends

Chapter 3   Solar Cells Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Vendor Matrix

3.2    Innovation & sustainability landscape

3.2.1    REC Solar Holding A/S

3.2.2    JA Solar

3.2.3    Trina Solar

3.2.4    Canadian Solar

3.2.5    JA Solar

3.2.6    Jinko Solar

3.2.7    Sunport Power

3.2.8    Jolywood

3.2.9    Hevel

3.2.10    Panasonic Corporation

3.2.11    Wuxi Suntech Power Ltd.

3.2.12    ReneSola

3.2.13    Risen Solar

3.2.14    Vikram Solar Pvt. Ltd.

3.2.15    LONGi Solar Technology Co., Ltd.

3.2.16    Other Innovations

3.3    Regulatory landscape

3.3.1    The National Electrical Code

3.3.2    General Standards

3.3.2.1    SEMI

3.3.2.2    Solar ABCs Activities with IEEE

3.3.2.3    ASTM International

3.3.2.4    Newly Proposed ASTM PV Standards:

3.3.2.5    IEEE Std 1547-2018 (Revision of IEEE Std 1547-2003)

3.3.2.6    IEEE Std 1547.1-2020 (Revision of IEEE Std 1547.1-2005)

3.3.2.7    IEEE Std 1547.2-2008 (Revision in Progress)

3.3.3    North America

3.3.3.1    U.S.

3.3.3.1.1    Solar Investment Tax Credit

3.3.3.1.2    Clean energy standard (2021)

3.3.3.1.3    State renewable portfolio standard and goals

3.3.3.2    Canada

3.3.3.3    Mexico

3.3.4    Europe

3.3.4.1    Netherlands

3.3.4.1.1    SDE+ and SDE++ support scheme

3.3.4.2    France

3.3.4.3    Germany

3.3.4.4    Spain

3.3.4.5    Sweden

3.3.4.5.1    The 2016 Energy Agreement

3.3.4.6    UK

3.3.4.6.1    2009/28/EC Renewable Energy Directive

3.3.4.6.2    The UK’s National Energy Efficiency Action Plan

3.3.5    Asia Pacific

3.3.5.1    China

3.3.5.2    Japan

3.3.5.3    India

3.3.5.3.1    Central Financial Assistance (CFA) schemes

3.3.5.4    South Korea

3.3.5.5    Australia

3.3.6    Middle East & Africa

3.3.6.1    UAE

3.3.6.1.1    The Renewable Energy Law Review: Egypt

3.3.6.2    South Africa

3.3.6.2.1    Integrated Resource Plan for Electricity (IRP)

3.3.7    Latin America

3.3.7.1    Chile

3.4    COVID– 19 impact on the overall industry outlook

3.4.1    Top countries impacted by COVID- 19

3.4.2    COVID- 19 effect, 2018 – 2028 (USD Million)

3.5    Industry impact forces

3.5.1    Growth drivers

3.5.1.1    Americas & Europe

3.5.1.1.1    Stringent Solar PV targets

3.5.1.1.2    Growing demand for sustainable resources over conventional fuels

3.5.1.2    Asia Pacific

3.5.1.2.1    Favorable government initiatives

3.5.1.2.2    Growing deployment of large-scale solar PV projects

3.5.1.3    Middle East & Africa

3.5.1.3.1    Increasing investments across utility scale projects

3.5.1.3.2    Rising decentralized and off grid solar installations

3.5.2    Industry pitfall & challenges

3.5.2.1    Longer payback period

3.5.2.2    Availability of other clean energy alternatives

3.6    Growth potential analysis

3.7    Porter’s Analysis

3.7.1    Bargaining power of suppliers

3.7.2    Bargaining power of buyer

3.7.3    Threat of new entrants

3.7.4    Threat of substitutes

3.8    Competitive landscape, 2021

3.8.1    Strategy dashboard

3.8.1.1    Sunport Power

3.8.1.1.1    Product launch

3.8.1.1.2    Business expansion

3.8.1.2    Jolywood

3.8.1.2.1    Partnerships

3.8.1.3    REC Solar Holding A/S

3.8.1.3.1    Product launch

3.8.1.3.2    Business expansion

3.8.1.4    JA Solar

3.8.1.4.1    Product launch

3.8.1.4.2    Business expansion

3.8.1.5    Trina Solar

3.8.1.5.1    Installation/supply

3.8.1.5.2    Product upgradation

3.8.1.5.3    Product launch

3.8.1.5.4    Agreement

3.8.1.6    Silfab Solar Inc.

3.8.1.6.1    Product launch

3.8.1.7    Canadian Solar

3.8.1.7.1    Plant expansion

3.8.1.7.2    Collaboration

3.8.1.7.3    Product launch

3.8.1.7.4    Agreement

3.8.1.8    JA Solar

3.8.1.8.1    Product launch

3.8.1.9    Yingli Green Energy Holding Company Limited

3.8.1.9.1    Contract

3.8.1.10    ReneSola

3.8.1.10.1    Agreement

3.8.1.11    Jinko Solar

3.8.1.11.1    Installation/supply

3.8.1.11.2    Collaboration

3.8.1.12    Meyer Burger

3.8.1.12.1    Partnership

3.8.1.13    JINERGY

3.8.1.13.1    Partnership

3.8.1.14    Wuxi Suntech Power Co., Ltd.

3.8.1.14.1    Plant expansion

3.8.1.14.2    Partnership

3.8.1.15    United Renewable Energy, LLC

3.8.1.15.1    Installation/supply

3.8.1.16    ReneSola

3.8.1.16.1    Joint venture

3.8.1.16.2    Agreement

3.8.1.16.3    Partnership

3.8.1.17    Motech Industries, Inc.

3.8.1.17.1    Merger

3.8.1.17.2    Joint venture

3.8.1.18    SunPower Corporation

3.8.1.18.1    Installation/supply

3.8.1.18.2    Agreement

3.8.1.19    Risen Solar

3.8.1.19.1    Agreement

3.8.1.19.2    Installation/supply

3.8.1.19.3    Collaboration

3.8.1.20    Vikram Solar Pvt. Ltd.

3.8.1.20.1    Business expansion

3.8.1.20.2    Installation/supply

3.8.1.20.3    Installation/supply

3.8.1.21    LONGi Solar Technology Co., Ltd.

3.8.1.21.1    Installation/supply

3.8.1.21.2    Partnership

3.8.1.21.3    Agreements

3.9    PESTEL Analysis

Chapter 4   Solar Cells Market, By Material

4.1    Solar cells market share by material, 2021 & 2028

4.2    Crystalline

4.2.1    Global market from crystalline, 2018 – 2028

4.2.2    Global market from crystalline, by region, 2018 – 2028

4.2.3    N material

4.2.3.1    Global market from N material, 2018 – 2028

4.2.3.2    Global market from N material, by region, 2018 – 2028

4.2.4    P material

4.2.4.1    Global market from P material, 2018 – 2028

4.2.4.2    Global market from P material, by region, 2018 – 2028

4.3    Thin film

4.3.1    Global market from thin film, 2018 – 2028

4.3.2    Global market from thin film, by region, 2018 – 2028

Chapter 5   Solar Cells Market, By Technology

5.1    Solar cells market share by technology, 2021 & 2028

5.2    Monocrystalline

5.2.1    Global market from monocrystalline, 2018 – 2028

5.2.2    Global market from monocrystalline, by region, 2018 – 2028

5.3    Polycrystalline

5.3.1    Global market from polycrystalline, 2018 – 2028

5.3.2    Global market from polycrystalline, by region, 2018 – 2028

5.4    Cadmium Telluride (CDTE)

5.4.1    Global market from cadmium telluride (CDTE), 2018 – 2028

5.4.2    Global market from cadmium telluride (CDTE), by region, 2018 – 2028

5.5    Amorphous Silicon (A-Si)

5.5.1    Global market from amorphous silicon (A-Si), 2018 – 2028

5.5.2    Global market from amorphous silicon (A-Si), by region, 2018 – 2028

5.6    Copper Indium Gallium Diselenide

5.6.1    Global market from copper indium gallium diselenide, 2018 – 2028

5.6.2    Global market from copper indium gallium diselenide, by region, 2018 – 2028

Chapter 6   Solar Cells Market, By Product

6.1    Solar cells market share by product, 2021 & 2028

6.2    BSF

6.2.1    Global market from BSF, 2018 – 2028

6.2.2    Global market from BSF, by region, 2018 – 2028

6.3    PERC/PERL/PERT/TOPCON

6.3.1    Global market from PERC/PERL/PERT/TOPCON, 2018 – 2028

6.3.2    Global market from PERC/PERL/PERT/TOPCON, by region, 2018 – 2028

6.4    HJT

6.4.1    Global market from HJT, 2018 – 2028

6.4.2    Global market from HJT, by region, 2018 – 2028

6.5    IBC & MWT

6.5.1    Global market from IBC & MWT, 2018 – 2028

6.5.2    Global market from IBC & MWT, by region, 2018 – 2028

6.6    Others

6.6.1    Global market from Others, 2018 – 2028

6.6.2    Global market from Others, by region, 2018 – 2028

Chapter 7   Solar Cells Market, By Region

7.1    Solar cells market share by region, 2021 & 2028

7.2    North America

7.2.1    North America market, 2018 – 2028

7.2.2    North America market by material, 2018 – 2028

7.2.2.1    North America market by crystalline, 2018 – 2028

7.2.3    North America market by technology, 2018 – 2028

7.2.4    North America market by product, 2018 – 2028

7.2.5    U.S.

7.2.5.1    U.S. market, 2018 – 2028

7.2.5.2    U.S. market by material, 2018 – 2028

7.2.5.2.1    U.S. market by crystalline, 2018 – 2028

7.2.5.3    U.S. market by technology, 2018 – 2028

7.2.5.4    U.S. market by product, 2018 – 2028

7.3    Europe

7.3.1    Europe market, 2018 – 2028

7.3.2    Europe market by material, 2018 – 2028

7.3.2.1    Europe market by crystalline, 2018 – 2028

7.3.3    Europe market by technology, 2018 – 2028

7.3.4    Europe market by product, 2018 – 2028

7.3.5    Germany

7.3.5.1    Germany market, 2018 – 2028

7.3.5.2    Germany market by material, 2018 – 2028

7.3.5.2.1    Germany market by crystalline, 2018 – 2028

7.3.5.3    Germany market by technology, 2018 – 2028

7.3.5.4    Germany market by product, 2018 – 2028

7.3.6    Spain

7.3.6.1    Spain market, 2018 – 2028

7.3.6.2    Spain market by material, 2018 – 2028

7.3.6.2.1    Spain market by crystalline, 2018 – 2028

7.3.6.3    Spain market by technology, 2018 – 2028

7.3.6.4    Spain market by product, 2018 – 2028

7.3.7    France

7.3.7.1    France market, 2018 – 2028

7.3.7.2    France market by material, 2018 – 2028

7.3.7.2.1    France market by crystalline, 2018 – 2028

7.3.7.3    France market by technology, 2018 – 2028

7.3.7.4    France market by product, 2018 – 2028

7.3.8    Netherlands

7.3.8.1    Netherlands market, 2018 – 2028

7.3.8.2    Netherlands market by material, 2018 – 2028

7.3.8.2.1    Netherlands market by crystalline, 2018 – 2028

7.3.8.3    Netherlands market by technology, 2018 – 2028

7.3.8.4    Netherlands market by product, 2018 – 2028

7.4    Asia Pacific

7.4.1    Asia Pacific market, 2018 – 2028

7.4.2    Asia Pacific market by material, 2018 – 2028

7.4.2.1    Asia Pacific market by crystalline, 2018 – 2028

7.4.3    Asia Pacific market by technology, 2018 – 2028

7.4.4    Asia Pacific market by product, 2018 – 2028

7.4.5    China

7.4.5.1    China market, 2018 – 2028

7.4.5.2    China market by material, 2018 – 2028

7.4.5.2.1    China market by crystalline, 2018 – 2028

7.4.5.3    China market by technology, 2018 – 2028

7.4.5.4    China market by product, 2018 – 2028

7.4.6    Malaysia

7.4.6.1    Malaysia market, 2018 – 2028

7.4.6.2    Malaysia market by material, 2018 – 2028

7.4.6.2.1    Malaysia market by crystalline, 2018 – 2028

7.4.6.3    Malaysia market by technology, 2018 – 2028

7.4.6.4    Malaysia market by product, 2018 – 2028

7.4.7    South Korea

7.4.7.1    South Korea market, 2018 – 2028

7.4.7.2    South Korea market by material, 2018 – 2028

7.4.7.2.1    South Korea market by crystalline, 2018 – 2028

7.4.7.3    South Korea market by technology, 2018 – 2028

7.4.7.4    South Korea market by product, 2018 – 2028

7.4.8    Japan

7.4.8.1    Japan market, 2018 – 2028

7.4.8.2    Japan market by material, 2018 – 2028

7.4.8.2.1    Japan market by crystalline, 2018 – 2028

7.4.8.3    Japan market by technology, 2018 – 2028

7.4.8.4    Japan market by product, 2018 – 2028

7.4.9    Taiwan

7.4.9.1    Taiwan market, 2018 – 2028

7.4.9.2    Taiwan market by material, 2018 – 2028

7.4.9.2.1    Taiwan market by crystalline, 2018 – 2028

7.4.9.3    Taiwan market by technology, 2018 – 2028

7.4.9.4    Taiwan market by product, 2018 – 2028

7.4.10    India

7.4.10.1    India market, 2018 – 2028

7.4.10.2    India market by material, 2018 – 2028

7.4.10.2.1    India market by crystalline, 2018 – 2028

7.4.10.3    India market by technology, 2018 – 2028

7.4.10.4    India market by product, 2018 – 2028

7.5    Rest of the world

7.5.1    Rest of the world market, 2018 – 2028

7.5.2    Rest of the world market by material, 2018 – 2028

7.5.2.1    Rest of the world market by crystalline, 2018 – 2028

7.5.3    Rest of the world market by technology, 2018 – 2028

7.5.4    Rest of the world market by product, 2018 – 2028

Chapter 8   Company Profiles

8.1    Jinko Solar

8.1.1    Business Overview

8.1.2    Financial Data

8.1.3    Product Landscape

8.1.4    Strategic Outlook

8.1.5    SWOT Analysis

8.2    Meyer Burger

8.2.1    Business Overview

8.2.2    Financial Data

8.2.3    Product Landscape

8.2.4    Strategic Outlook

8.2.5    SWOT Analysis

8.3    JINERGY

8.3.1    Business Overview

8.3.2    Product Landscape

8.3.3    SWOT Analysis

8.4    Wuxi Suntech Power Co., Ltd.

8.4.1    Business Overview

8.4.2    Financial Data

8.4.3    Product Landscape

8.4.4    Strategic Outlook

8.4.5    SWOT Analysis

8.5    Hevel

8.5.1    Business Overview

8.5.2    Financial Data

8.5.3    Product Landscape

8.5.4    Strategic Outlook

8.5.5    SWOT Analysis

8.6    Singulus Technologies

8.6.1    Business Overview

8.6.2    Financial Data

8.6.3    Product Landscape

8.6.4    SWOT Analysis

8.7    United Renewable Energy, LLC

8.7.1    Business Overview

8.7.2    Product Landscape

8.7.3    Strategic Outlook

8.7.4    SWOT Analysis

8.8    ReneSola

8.8.1    Business Overview

8.8.2    Financial Data

8.8.3    Product Landscape

8.8.4    Strategic Outlook

8.8.5    SWOT Analysis

8.9    Motech Industries, Inc.

8.9.1    Business Overview

8.9.2    Financial Data

8.9.3    Product Landscape

8.9.4    Strategic Outlook

8.9.5    SWOT Analysis

8.10    SunPower Corporation

8.10.1    Business Overview

8.10.2    Financial Data

8.10.3    Product Landscape

8.10.4    Strategic Outlook

8.10.5    SWOT Analysis

8.11    Vikram Solar Limited

8.11.1    Business Overview

8.11.2    Financial Data

8.11.3    Product Landscape

8.11.4    Strategic Outlook

8.11.5    SWOT Analysis

8.12    Canadian Solar

8.12.1    Business Overview

8.12.2    Financial Data

8.12.3    Product Landscape

8.12.4    Strategic Outlook

8.12.5    SWOT analysis

8.13    JA Solar

8.13.1    Business Overview

8.13.2    Financial Data

8.13.3    Product Landscape

8.13.4    Strategic Outlook

8.13.5    SWOT Analysis

8.14    REC Solar Holdings AS

8.14.1    Business Overview

8.14.2    Financial Data

8.14.3    Product Landscape

8.14.4    Strategic Outlook

8.14.5    SWOT Analysis

8.15    Hanwha Q Cells

8.15.1    Business Overview

8.15.2    Financial Data

8.15.3    Product Landscape

8.15.4    Strategic Outlook

8.15.5    SWOT Analysis

8.16    Yingli Solar

8.16.1    Business Overview

8.16.2    Financial Data

8.16.3    Product Landscape

8.16.4    Strategic Outlook

8.16.5    SWOT Analysis

8.17    Jolywood

8.17.1    Business Overview

8.17.2    Product Landscape

8.17.3    Strategic Outlook

8.17.4    SWOT Analysis

8.18    DuPont

8.18.1    Business Overview

8.18.2    Financial Data

8.18.3    Product Landscape

8.18.4    SWOT Analysis

8.19    Silfab Solar Inc.

8.19.1    Business Overview

8.19.2    Financial Data

8.19.3    Product Landscape

8.19.4    Strategic Outlook

8.19.5    SWOT Analysis

8.20    Sunport Power

8.20.1    Business Overview

8.20.2    Product Landscape

8.20.3    Strategic Outlook

8.20.4    SWOT Analysis

8.21    Shanghai Aiko Solar Energy Co., Ltd.

8.21.1    Business Overview

8.21.2    Product Landscape

8.21.3    SWOT Analysis

8.22    Tongwei Group Co., Ltd.

8.22.1    Business Overview

8.22.2    Financial Data

8.22.3    Product Landscape

8.22.4    Strategic Outlook

8.22.5    SWOT Analysis

Data Tables

TABLE 1    Global market, 2018 – 2021 (Volume & Revenue)

TABLE 2    Global market, 2022 – 2028 (Volume & Revenue)

TABLE 3    Global market by material, 2018 – 2021 (MW)

TABLE 4    Global market by material, 2022 – 2028 (MW)

TABLE 5    Global market by material, 2018 – 2021 (USD Million)

TABLE 6    Global market by material, 2022 – 2028 (USD Million)

TABLE 7    Global market by technology, 2018 – 2021 (MW)

TABLE 8    Global market by technology, 2022 – 2028 (MW)

TABLE 9    Global market by technology, 2018 – 2021 (USD Million)

TABLE 10    Global market by technology, 2022 – 2028 (USD Million)

TABLE 11    Global market by product, 2018 – 2021 (MW)

TABLE 12    Global market by product, 2022 – 2028 (MW)

TABLE 13    Global market by product, 2018 – 2021 (USD Million)

TABLE 14    Global market by product, 2022 – 2028 (USD Million)

TABLE 15    Global market by region, 2018 – 2021 (MW)

TABLE 16    Global market by region, 2022 – 2028 (MW)

TABLE 17    Global market by region, 2018 – 2021 (USD Million)

TABLE 18    Global market by region, 2022 – 2028 (USD Million)

TABLE 19    Industry impact forces

TABLE 20    Solar PV installation targets of key countries

TABLE 21    List of utility scale solar PV projects in Middle East

TABLE 22    Global market from crystalline, 2018 – 2021 (Volume & Revenue)

TABLE 23    Global market from crystalline, 2022 – 2028 (Volume & Revenue)

TABLE 24    Global market from crystalline, by region, 2

Market, By Material

  • Crystalline
    • N Material
    • P Material
  • Thin Film

Market, By Product

  • BSF
  • PERC/PERL/PERT/TOPCON
  • HJT
  • IBC & MWT
  • Others

Market, By Technology

  • Monocrystalline
  • Polycrystalline
  • Cadmium Telluride (CDTE)
  • Amorphous Silicon (A-Si)
  • Copper Indium Gallium Diselenide

Panasonic Corporation, JINERGY, Hevel, ReneSola, United Renewable Energy, LLC, SunPower Corporation, Risen Solar, Trina Solar, and Jinko Solar.

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