Solar Cell Market Size, Share & Trends Analysis Report By Technology (Monocrystalline, Polycrystalline, CDTE, A-Si, CIGD), By Application (Residential, Commercial, Utility), By Region, And Segment Forecasts, 2024

The global solar cell market size is expected to reach USD 333.8 billion by 2030, registering a CAGR of 16.4%, owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources. Stringent government regulations in various economies to encourage use of solar energy through incentives and feed-in-tariffs is also anticipated to drive demand over the forecast period.

Technological advancements have led to efficient performance and reduction in manufacturing cost of the cells which is expected to fuel growth. Moreover, rising demand for eco-friendly energy sources in order to reduce dependence on fossil fuels and achieve energy security is expected to propel growth over the next seven years.

Increasing demand for PV systems in residential, utility and commercial applications is expected to have a positive impact on the industry. Increasing government support coupled with rising R&D investments in the sector is projected to propel growth. In addition, rapid development in the industrial sector together with growing infrastructure improvements particularly in emerging economies is forecasted to fuel product utilization over the next seven years.

Solar Cell Market Report Highlights:

The polycrystalline segment accounted for 43.7% of the total revenue generated in the global solar cell market in 2023. Polycrystalline solar cells, or multi-crystalline cells, are known for their cost-effectiveness and relatively simpler manufacturing process than monocrystalline cells.
The utility segment dominated the global solar cell market in 2023 attributed to the increasing demand for renewable energy from utility companies and the need to meet regulatory requirements for renewable energy quotas.
Asia Pacific dominated the global solar cell market with a revenue share of 60.0% in 2023, driven by rapid industrialization, increasing energy demands, and government policies promoting renewable energy sources.

Product Code: 978-1-68038-691-2

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Solar Cell Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Solar Cell Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Solar Cell Market: Technology Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Solar Cell Market: Technology Movement Analysis, USD Million, 2018 - 2030
4.3. Monocrystalline
- 4.3.1. Monocrystalline Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Polycrystalline
- 4.4.1. Polycrystalline Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Cadmium Telluride (CDTE)
- 4.5.1. CDTE Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Amorphous Silicon (A-Si)
- 4.6.1. A-Si Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.7. Copper Indium Gallium Diselenide
- 4.7.1. Copper Indium Gallium Diselenide Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Solar Cell Market: Application Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Solar Cell Market: Application Movement Analysis, USD Million, 2018 - 2030
5.3. Residential
- 5.3.1. Residential Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Commercial
- 5.4.1. Commercial Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Utility
- 5.5.1. Utility Solar Cell Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Solar Cell Market: Regional Estimates & Trend Analysis

6.1. Solar Cell Market Share, By Region, 2023 & 2030, USD Million
6.2. North America
- 6.2.1. North America Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
  - 6.2.3.1. Canada Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
- 6.3.1. Europe Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Germany
  - 6.3.2.1. Germany Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. UK
  - 6.3.3.1. UK Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
  - 6.3.4.1. France Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
  - 6.3.5.1. Italy Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
  - 6.3.6.1. Spain Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7. Russia
  - 6.3.7.1. Russia Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
  - 6.4.2.1. China Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. India
  - 6.4.3.1. India Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. Japan
  - 6.4.4.1. Japan Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Australia
  - 6.4.5.1. Australia Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. South Korea
  - 6.4.6.1. South Korea Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
- 6.5.1. Latin America Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
  - 6.5.3.1. Argentina Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
  - 6.6.2.1. UAE Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
  - 6.6.3.1. Saudi Arabia Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
  - 6.6.4.1. South Africa Solar Cell Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. Panasonic Corporation
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/Strategic Initiatives
- 7.4.2. JINERGY
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/Strategic Initiatives
- 7.4.3. Hevel, ReneSola
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/Strategic Initiatives
- 7.4.4. United Renewable Energy, LLC
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/Strategic Initiatives
- 7.4.5. SunPower Corporation
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/Strategic Initiatives
- 7.4.6. Risen Solar
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/Strategic Initiatives
- 7.4.7. Trina Solar
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/Strategic Initiatives
- 7.4.8. Jinko Solar
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/Strategic Initiatives
- 7.4.9. Yingli Green Energy Holding Company Limited
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/Strategic Initiatives
- 7.4.10. SunPower Corporation
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/Strategic Initiatives
- 7.4.11. Canadian Solar Inc.
  - 7.4.11.1. Participant's Overview
  - 7.4.11.2. Financial Performance
  - 7.4.11.3. Product Benchmarking
  - 7.4.11.4. Recent Developments/Strategic Initiatives
- 7.4.12. GCL-Poly Energy Holdings Limited
  - 7.4.12.1. Participant's Overview
  - 7.4.12.2. Financial Performance
  - 7.4.12.3. Product Benchmarking
  - 7.4.12.4. Recent Developments/Strategic Initiatives

Product Code: 978-1-68038-691-2

List of Tables

TABLE 1 Solar cell - Industry Summary & Key Buying Criteria
TABLE 2 Global solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 3 Global solar cell market installed capacity, by region, 2018 - 2030 (GW)
TABLE 4 Global solar cell market installed capacity, by product, 2018 - 2030 (GW)
TABLE 5 Vendor landscape
TABLE 6 Solar cell - Key market driver analysis
TABLE 7 Solar cell - Key market restraint analysis
TABLE 8 Global silicon wafer market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 9 Global silicon wafer market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 10 Global monocrystalline silicon wafermarket estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 11 Global monocrystalline silicon wafer market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 12 Global multicrystalline silicon wafer market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 13 Global multicrystalline silicon wafer market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 14 Global thin film market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 15 Global thin film market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 16 Global CdTe thin film market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 17 Global CdTe thin film market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 18 Global a-Si thin film market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 19 Global a-Si thin film market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 20 Global CIGS thin film market estimates and forecast in solar cell, 2018 - 2030 (GW)
TABLE 21 Global CIGS thin film market estimates and forecast in solar cell, by region, 2018 - 2030 (GW)
TABLE 22 North America solar cellmarket estimates and forecast, 2018 - 2030 (GW)
TABLE 23 North America solar cellmarket, by installed capacity, 2018 - 2030 (GW)
TABLE 24 North America silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 25 North America thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 26 U.S.solar cellmarket estimates and forecast, 2018 - 2030 (GW)
TABLE 27 U.S.solar cellmarket, by installed capacity, 2018 - 2030 (GW)
TABLE 28 U.S.silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 29 U.S.thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 30 Europe solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 31 Europe solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 32 Europe silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 33 Europe thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 34 Germany solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 35 Germany solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 36 Germany silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 37 Germany thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 38 Asia Pacific solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 39 Asia Pacific solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 40 Asia Pacific silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 41 Asia Pacific thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 42 China solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 43 China solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 44 Chinasilicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 45 Chinathin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 46 LATAM solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 47 LATAM solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 48 LATAM silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 49 LATAM thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 50 MEA solar cell market estimates and forecast, 2018 - 2030 (GW)
TABLE 51 MEA solar cell market, by installed capacity, 2018 - 2030 (GW)
TABLE 52 MEA silicon wafer market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)
TABLE 53 MEA thin film market estimates and forecast in solar cell, by installed capacity, 2018 - 2030 (GW)

List of Figures

FIG. 1 Solar cell market segmentation
FIG. 2 Global solar cell market installed capacity, 2018 - 2030 (GW)
FIG. 3 Solar cell value chain analysis
FIG. 4 Solar cell market dynamics
FIG. 5 Global annual solar PV installed capacity, 2018 - 2030 (GW)
FIG. 6 Solar cell key opportunities prioritized
FIG. 7 Solar cell Porter's analysis
FIG. 8 Solar cell PESTEL analysis
FIG. 9 Global solar cell market share by installed capacity, 2018 - 2030
FIG. 10 Global solar cell market share by region, 2018 - 2030

Solar Cell Market Size, Share & Trends Analysis Report By Technology (Monocrystalline, Polycrystalline, CDTE, A-Si, CIGD), By Application (Residential, Commercial, Utility), By Region, And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Solar Cell Market Growth & Trends:

Solar Cell Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Solar Cell Market Variables, Trends, & Scope

Chapter 4. Solar Cell Market: Technology Estimates & Trend Analysis

Chapter 5. Solar Cell Market: Application Estimates & Trend Analysis

Chapter 6. Solar Cell Market: Regional Estimates & Trend Analysis

Chapter 7. Competitive Landscape

List of Tables

List of Figures