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Solar Cells and Modules - Market Analysis, Trends, and Forecasts

  • ID: 338398
  • Report
  • 116 Pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Byd
  • Chint Group
  • Hanwha Corporation
  • Renesola Co. Ltd.
  • Sharp Corporation
  • Sunpower Corporation
  • MORE
The Solar Cells and Modules market worldwide is projected to grow by US$5.9 Billion, driven by a compounded growth of 2%. Solar Cells and Modules, one of the segments analyzed and sized in this study, displays the potential to grow at over 2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$46.8 Billion by the year 2025, Solar Cells and Modules will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 1.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$239.2 Million to the region's size and clout in the next 5 to 6 years. Over US$177.6 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Solar Cells and Modules will reach a market size of US$3 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3% over the next couple of years and add approximately US$1.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • 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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Byd
  • Chint Group
  • Hanwha Corporation
  • Renesola Co. Ltd.
  • Sharp Corporation
  • Sunpower Corporation
  • MORE

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

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

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: 2018-2025

TABLE 2: Solar Cells and Modules Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017

TABLE 3: Solar Cells and Modules Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

TABLE 4: United States Solar Cells and Modules Market Estimates and Projections in US$ Million: 2018 to 2025

TABLE 5: Solar Cells and Modules Market in the United States: A Historic Review in US$ Million for 2009-2017

CANADA

TABLE 6: Canadian Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018 to 2025

TABLE 7: Canadian Solar Cells and Modules Historic Market Review in US$ Million: 2009-2017

JAPAN

TABLE 8: Japanese Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 9: Solar Cells and Modules Market in Japan: Historic Sales Analysis in US$ Million for the Period 2009-2017

CHINA

TABLE 10: Chinese Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2018-2025

TABLE 11: Solar Cells and Modules Historic Market Analysis in China in US$ Million: 2009-2017

EUROPE

Market Facts & Figures

TABLE 12: European Solar Cells and Modules Market Demand Scenario in US$ Million by Region/Country: 2018-2025

TABLE 13: Solar Cells and Modules Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017

TABLE 14: European Solar Cells and Modules Market Share Shift by Region/Country: 2009 VS 2019 VS 2025

FRANCE

TABLE 15: Solar Cells and Modules Market in France: Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 16: French Solar Cells and Modules Historic Market Scenario in US$ Million: 2009-2017

GERMANY

TABLE 17: Solar Cells and Modules Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025

TABLE 18: German Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

ITALY

TABLE 19: Italian Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2018-2025

TABLE 20: Solar Cells and Modules Historic Market Analysis in Italy in US$ Million: 2009-2017

UNITED KINGDOM

TABLE 21: United Kingdom Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 22: Solar Cells and Modules Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2009-2017

SPAIN

TABLE 23: Spanish Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018 to 2025

TABLE 24: Spanish Solar Cells and Modules Historic Market Review in US$ Million: 2009-2017

RUSSIA

TABLE 25: Russian Solar Cells and Modules Market Estimates and Projections in US$ Million: 2018 to 2025

TABLE 26: Solar Cells and Modules Market in Russia: A Historic Review in US$ Million for 2009-2017

REST OF EUROPE

TABLE 27: Rest of Europe Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018-2025

TABLE 28: Solar Cells and Modules Market in Rest of Europe in US$ Million: A Historic Review for the Period 2009-2017

ASIA-PACIFIC

TABLE 29: Asia-Pacific Solar Cells and Modules Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 30: Solar Cells and Modules Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2009-2017

TABLE 31: Asia-Pacific Solar Cells and Modules Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025

AUSTRALIA

TABLE 32: Solar Cells and Modules Market in Australia: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025

TABLE 33: Australian Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

INDIA

TABLE 34: Indian Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018 to 2025

TABLE 35: Indian Solar Cells and Modules Historic Market Review in US$ Million: 2009-2017

SOUTH KOREA

TABLE 36: Solar Cells and Modules Market in South Korea: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025

TABLE 37: South Korean Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

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 2018-2025

TABLE 39: Solar Cells and Modules Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million for the Period 2009-2017

LATIN AMERICA

TABLE 40: Latin American Solar Cells and Modules Market Trends by Region/Country in US$ Million: 2018-2025

TABLE 41: Solar Cells and Modules Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2009-2017

TABLE 42: Latin American Solar Cells and Modules Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025

ARGENTINA

TABLE 43: Argentinean Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018-2025

TABLE 44: Solar Cells and Modules Market in Argentina in US$ Million: A Historic Review for the Period 2009-2017

BRAZIL

TABLE 45: Solar Cells and Modules Market in Brazil: Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 46: Brazilian Solar Cells and Modules Historic Market Scenario in US$ Million: 2009-2017

MEXICO

TABLE 47: Solar Cells and Modules Market in Mexico: Recent Past, Current and Future Analysis in US$ Million for the Period 2018-2025

TABLE 48: Mexican Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

REST OF LATIN AMERICA

TABLE 49: Rest of Latin America Solar Cells and Modules Market Estimates and Projections in US$ Million: 2018 to 2025

TABLE 50: Solar Cells and Modules Market in Rest of Latin America: A Historic Review in US$ Million for 2009-2017

MIDDLE EAST

TABLE 51: The Middle East Solar Cells and Modules Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 52: Solar Cells and Modules Market in the Middle East by Region/Country in US$ Million: 2009-2017

TABLE 53: The Middle East Solar Cells and Modules Market Share Breakdown by Region/Country: 2009, 2019, and 2025

IRAN

TABLE 54: Iranian Market for Solar Cells and Modules: Annual Sales Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 55: Solar Cells and Modules Market in Iran: Historic Sales Analysis in US$ Million for the Period 2009-2017

ISRAEL

TABLE 56: Israeli Solar Cells and Modules Market Estimates and Forecasts in US$ Million: 2018-2025

TABLE 57: Solar Cells and Modules Market in Israel in US$ Million: A Historic Review for the Period 2009-2017

SAUDI ARABIA

TABLE 58: Saudi Arabian Solar Cells and Modules Market Growth Prospects in US$ Million for the Period 2018-2025

TABLE 59: Solar Cells and Modules Historic Market Analysis in Saudi Arabia in US$ Million: 2009-2017

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 2018-2025

TABLE 61: United Arab Emirates Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

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 2018-2025

TABLE 63: Rest of Middle East Solar Cells and Modules Historic Market Analysis in US$ Million: 2009-2017

AFRICA

TABLE 64: African Solar Cells and Modules Market Estimates and Projections in US$ Million: 2018 to 2025

TABLE 65: Solar Cells and Modules Market in Africa: A Historic Review in US$ Million for 2009-2017

IV. COMPETITION

BYD

CANADIAN SOLAR, INC.

CHINT GROUP

ELKEM SILICONES SCANDINAVIA AS

FIRST SOLAR

HANWHA CORPORATION

JA SOLAR HOLDINGS CO., LTD.

JINKOSOLAR HOLDING CO., LTD.

KYOCERA CORPORATION

RENESOLA CO. LTD.

RISEN ENERGY CO., LTD.

SHARP CORPORATION

SOLAR FRONTIER K.K.

SUNPOWER CORPORATION

TRINA SOLAR LTD.

YINGLI GREEN ENERGY HOLDING

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • Byd
  • Canadian Solar, Inc.
  • Chint Group
  • Elkem Silicones Scandinavia As
  • First Solar
  • Hanwha Corporation
  • Ja Solar Holdings Co., Ltd.
  • Jinkosolar Holding Co., Ltd.
  • Kyocera Corporation
  • Renesola Co. Ltd.
  • Risen Energy Co., Ltd.
  • Sharp Corporation
  • Solar Frontier K.K.
  • Sunpower Corporation
  • Trina Solar Ltd.
  • Yingli Green Energy Holding
Note: Product cover images may vary from those shown
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