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Solar Cells and Modules - Global Market Trajectory & Analytics

  • ID: 338398
  • Report
  • July 2020
  • Region: Global
  • 168 Pages
  • Global Industry Analysts, Inc
Global Solar Cells and Modules Market to Reach $43.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Solar Cells and Modules estimated at US$41.4 Billion in the year 2020, is projected to reach a revised size of US$43.3 Billion by 2027, growing at a CAGR of 0.6% over the period 2020-2027.

The U.S. Market is Estimated at $11.3 Billion, While China is Forecast to Grow at 1.6% CAGR

The Solar Cells and Modules market in the U.S. is estimated at US$11.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2027 trailing a CAGR of 1.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.3% and 0.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately -0.1% CAGR.We bring years of research experience to this 19th edition of our report. The 168-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • BYD Co., Ltd.
  • Canadian Solar, Inc.
  • Chint Group
  • EGing Photovoltaic Technology Co., Ltd.
  • Elkem Silicones, A Bluestar Company
  • First Solar, Inc.
  • GCL System Integration Technology Co., Ltd.
  • Hanwha Corporation
  • JA Solar Holdings Co., Ltd.
  • Jiangsu Shunfeng Photovoltaic Technology Co., Ltd.
  • JinkoSolar Holding Co., Ltd.
  • Kyocera Corporation
  • ReneSola Ltd.
  • Risen Energy Co., Ltd.
  • Shanghai Aerospace Automobile Electromechanical Co., Ltd.
  • Sharp Corporation
  • Solar Frontier K.K
  • SunPower Corporation
  • Trina Solar Ltd.
  • Yingli Green Energy Holding Co., Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Solar Cells and Modules Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Solar Cells and Modules Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Solar Cells and Modules Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Solar Cells and Modules Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

Market Analytics
TABLE 4: United States Solar Cells and Modules Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 5: Solar Cells and Modules Market in the United States: A Historic Review in US$ Million for 2012-2019

CANADA

TABLE 6: Canadian Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 7: Canadian Solar Cells and Modules Historic Market Review in US$ Million: 2012-2019

JAPAN

TABLE 8: Japanese Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 9: Solar Cells and Modules Market in Japan: Historic Sales Analysis in US$ Million for the Period 2012-2019

CHINA

TABLE 10: Chinese Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 11: Solar Cells and Modules Historic Market Analysis in China in US$ Million: 2012-2019

EUROPE

Market Facts & Figures

Market Analytics
TABLE 12: European Solar Cells and Modules Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 13: Solar Cells and Modules Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 14: European Solar Cells and Modules Market Share Shift by Region/Country: 2012 VS 2020 VS 2027

FRANCE

TABLE 15: Solar Cells and Modules Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 16: French Solar Cells and Modules Historic Market Scenario in US$ Million: 2012-2019

GERMANY

TABLE 17: Solar Cells and Modules Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 18: German Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

ITALY

TABLE 19: Italian Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 20: Solar Cells and Modules Historic Market Analysis in Italy in US$ Million: 2012-2019

UNITED KINGDOM

TABLE 21: United Kingdom Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: Solar Cells and Modules Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2012-2019

SPAIN

TABLE 23: Spanish Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 24: Spanish Solar Cells and Modules Historic Market Review in US$ Million: 2012-2019

RUSSIA

TABLE 25: Russian Solar Cells and Modules Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 26: Solar Cells and Modules Market in Russia: A Historic Review in US$ Million for 2012-2019

REST OF EUROPE

TABLE 27: Rest of Europe Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 28: Solar Cells and Modules Market in Rest of Europe in US$ Million: A Historic Review for the Period 2012-2019

ASIA-PACIFIC

TABLE 29: Asia-Pacific Solar Cells and Modules Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 30: Solar Cells and Modules Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 31: Asia-Pacific Solar Cells and Modules Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 32: Solar Cells and Modules Market in Australia: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 33: Australian Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

INDIA

TABLE 34: Indian Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 35: Indian Solar Cells and Modules Historic Market Review in US$ Million: 2012-2019

SOUTH KOREA

TABLE 36: Solar Cells and Modules Market in South Korea: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 37: South Korean Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

REST OF ASIA-PACIFIC

TABLE 38: Rest of Asia-Pacific Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 39: Solar Cells and Modules Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million for the Period 2012-2019

LATIN AMERICA

TABLE 40: Latin American Solar Cells and Modules Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 41: Solar Cells and Modules Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 42: Latin American Solar Cells and Modules Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027

ARGENTINA

TABLE 43: Argentinean Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 44: Solar Cells and Modules Market in Argentina in US$ Million: A Historic Review for the Period 2012-2019

BRAZIL

TABLE 45: Solar Cells and Modules Market in Brazil: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 46: Brazilian Solar Cells and Modules Historic Market Scenario in US$ Million: 2012-2019

MEXICO

TABLE 47: Solar Cells and Modules Market in Mexico: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 48: Mexican Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

REST OF LATIN AMERICA

TABLE 49: Rest of Latin America Solar Cells and Modules Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 50: Solar Cells and Modules Market in Rest of Latin America: A Historic Review in US$ Million for 2012-2019

MIDDLE EAST

TABLE 51: The Middle East Solar Cells and Modules Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 52: Solar Cells and Modules Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 53: The Middle East Solar Cells and Modules Market Share Breakdown by Region/Country: 2012, 2020, and 2027

IRAN

TABLE 54: Iranian Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 55: Solar Cells and Modules Market in Iran: Historic Sales Analysis in US$ Million for the Period 2012-2019

ISRAEL

TABLE 56: Israeli Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 57: Solar Cells and Modules Market in Israel in US$ Million: A Historic Review for the Period 2012-2019

SAUDI ARABIA

TABLE 58: Saudi Arabian Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 59: Solar Cells and Modules Historic Market Analysis in Saudi Arabia in US$ Million: 2012-2019

UNITED ARAB EMIRATES

TABLE 60: Solar Cells and Modules Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 61: United Arab Emirates Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

REST OF MIDDLE EAST

TABLE 62: Solar Cells and Modules Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 63: Rest of Middle East Solar Cells and Modules Historic Market Analysis in US$ Million: 2012-2019

AFRICA

TABLE 64: African Solar Cells and Modules Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 65: Solar Cells and Modules Market in Africa: A Historic Review in US$ Million for 2012-2019

IV. COMPETITION

Total Companies Profiled: 72

Note: Product cover images may vary from those shown
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