Monocrystalline Silicon: Global Strategic Business Report

Global Monocrystalline Silicon Market to Reach $8.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Monocrystalline Silicon estimated at US$5.1 Billion in the year 2020, is projected to reach a revised size of US$8.5 Billion by 2027, growing at a CAGR of 7.6% over the analysis period 2020-2027. Photovoltaics, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$5.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronics segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 7.1% CAGR

The Monocrystalline Silicon market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 38 Featured) -

Ja Solar Co. Ltd.
Jinko Solar
LONGi Solar Technology Co., Ltd.
Shin-Etsu Chemical Co., Ltd.
SUMCO Corporation

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Frequently Asked Questions about the Global Market for Monocrystalline Silicon

What is the estimated value of the Global Market for Monocrystalline Silicon?

The Global Market for Monocrystalline Silicon was estimated to be valued at $5.1 Billion in 2020.

What is the growth rate of the Global Market for Monocrystalline Silicon?

The growth rate of the Global Market for Monocrystalline Silicon is 7.6%, with an estimated value of $8.5 Billion by 2027.

What is the forecasted size of the Global Market for Monocrystalline Silicon?

The Global Market for Monocrystalline Silicon is estimated to be worth $8.5 Billion by 2027.

Who are the key companies in the Global Market for Monocrystalline Silicon?

Key companies in the Global Market for Monocrystalline Silicon include Ja Solar Co. Ltd., Jinko Solar, LONGi Solar Technology Co., Ltd., Shin and SUMCO Corporation.

Report Attribute	Details
No. of Pages	221
Published	October 2022
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 5.1 Billion
Forecasted Market Value ( USD ) by 2027	$ 8.5 Billion
Compound Annual Growth Rate	7.6%
Regions Covered	Global

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Monocrystalline Silicon - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Monocrystalline Silicon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 2: World Historic Review for Monocrystalline Silicon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 3: World 15-Year Perspective for Monocrystalline Silicon by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
Table 4: World Recent Past, Current & Future Analysis for Photovoltaics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 5: World Historic Review for Photovoltaics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 6: World 15-Year Perspective for Photovoltaics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 8: World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 9: World 15-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
Table 10: World Monocrystalline Silicon Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027

III. MARKET ANALYSIS

UNITED STATES

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
Table 11: USA Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 12: USA Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 13: USA 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

CANADA

Table 14: Canada Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 15: Canada Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 16: Canada 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

JAPAN

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Table 17: Japan Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 18: Japan Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 19: Japan 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

CHINA

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
Table 20: China Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 21: China Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 22: China 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

EUROPE

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Table 23: Europe Recent Past, Current & Future Analysis for Monocrystalline Silicon by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 24: Europe Historic Review for Monocrystalline Silicon by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 25: Europe 15-Year Perspective for Monocrystalline Silicon by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027
Table 26: Europe Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 27: Europe Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 28: Europe 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

FRANCE

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
Table 29: France Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 30: France Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 31: France 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

GERMANY

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Table 32: Germany Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 33: Germany Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 34: Germany 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

ITALY

Table 35: Italy Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 36: Italy Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 37: Italy 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

UNITED KINGDOM

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
Table 38: UK Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 39: UK Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 40: UK 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

REST OF EUROPE

Table 41: Rest of Europe Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 42: Rest of Europe Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 43: Rest of Europe 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

ASIA-PACIFIC

Monocrystalline Silicon Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Table 44: Asia-Pacific Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 45: Asia-Pacific Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 46: Asia-Pacific 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

REST OF WORLD

Table 47: Rest of World Recent Past, Current & Future Analysis for Monocrystalline Silicon by Application - Photovoltaics and Electronics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 48: Rest of World Historic Review for Monocrystalline Silicon by Application - Photovoltaics and Electronics Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Table 49: Rest of World 15-Year Perspective for Monocrystalline Silicon by Application - Percentage Breakdown of Value Sales for Photovoltaics and Electronics for the Years 2012, 2021 & 2027

IV. COMPETITION