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Global Crystalline Silicon Solar PV Modules Market 2023-2027

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    Report

  • 166 Pages
  • March 2023
  • Region: Global
  • TechNavio
  • ID: 5769533
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The crystalline silicon solar PV modules market is forecast to grow by USD 56.06 bn during 2022-2027, accelerating at a CAGR of 18.17% during the forecast period.

This report on the crystalline silicon solar PV modules market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by favorable government regulations regarding use of fossil fuels, increasing investments in renewable energy, and rise in solar PV installations.

The crystalline silicon solar pv modules market is segmented as below:

By Product

  • Monocrystalline
  • Polycrystalline

By End-user

  • Commercial
  • Residential
  • Utility sector

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increased adoption of microgrids as one of the prime reasons driving the crystalline silicon solar PV modules market growth during the next few years. Also, developments in solar efficiency and the development of zero-energy buildings will lead to sizable demand in the market.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

This report on the crystalline silicon solar PV modules market covers the following areas:

  • Crystalline silicon solar PV modules market sizing
  • Crystalline silicon solar PV modules market forecast
  • Crystalline silicon solar PV modules market industry analysis
Robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crystalline silicon solar PV modules market vendors that include Canadian Solar Inc., Emeren, First Solar Inc., Hanwha Corp., JA Solar Technology Co. Ltd., Jiangsu Shunfeng Photovoltaic Technology Co. Ltd., JinkoSolar Holding Co. Ltd., Longi green energy technology Co. Ltd, Moser Solar, Motech Industries Inc., Novergy Energy Solutions Pvt. Ltd., Risen Energy Co. Ltd., Sharp Corp., SolarEdge Technologies Inc., Su kam Power, SunPower Corp., Sunrun Inc., Trina Solar Co. Ltd., Vikram Solar Ltd., and Zhejiang CHINT Electrics Co. Ltd. Also, the crystalline silicon solar PV modules market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global crystalline silicon solar PV modules market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on Global crystalline silicon solar PV modules market 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
  • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
  • Exhibit 32: Chart on Comparison by Product
  • Exhibit 33: Data Table on Comparison by Product
6.3 Monocrystalline - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Monocrystalline - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 35: Data Table on Monocrystalline - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 36: Chart on Monocrystalline - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Monocrystalline - Year-over-year growth 2022-2027 (%)
6.4 Polycrystalline - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Polycrystalline - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 39: Data Table on Polycrystalline - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 40: Chart on Polycrystalline - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Polycrystalline - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
  • Exhibit 42: Market opportunity by Product ($ billion)
  • Exhibit 43: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by End-user
7.1 Market segments
  • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
  • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
  • Exhibit 46: Chart on Comparison by End-user
  • Exhibit 47: Data Table on Comparison by End-user
7.3 Commercial - Market size and forecast 2022-2027
  • Exhibit 48: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 49: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 50: Chart on Commercial - Year-over-year growth 2022-2027 (%)
  • Exhibit 51: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
7.4 Residential - Market size and forecast 2022-2027
  • Exhibit 52: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 53: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 54: Chart on Residential - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Residential - Year-over-year growth 2022-2027 (%)
7.5 Utility sector - Market size and forecast 2022-2027
  • Exhibit 56: Chart on Utility sector - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 57: Data Table on Utility sector - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 58: Chart on Utility sector - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on Utility sector - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by End-user
  • Exhibit 60: Market opportunity by End-user ($ billion)
  • Exhibit 61: Data Table on Market opportunity by End-user ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 65: Chart on Geographic comparison
  • Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
  • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
  • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
  • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
  • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
  • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
  • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 India - Market size and forecast 2022-2027
  • Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
  • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 Turkey - Market size and forecast 2022-2027
  • Exhibit 103: Chart on Turkey - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 104: Data Table on Turkey - Market size and forecast 2022-2027 ($ billion)
  • Exhibit 105: Chart on Turkey - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Turkey - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
  • Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 111: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 113: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 114: Matrix on vendor position and classification
12.3 Canadian Solar Inc.
  • Exhibit 115: Canadian Solar Inc. - Overview
  • Exhibit 116: Canadian Solar Inc. - Business segments
  • Exhibit 117: Canadian Solar Inc. - Key news
  • Exhibit 118: Canadian Solar Inc. - Key offerings
  • Exhibit 119: Canadian Solar Inc. - Segment focus
12.4 Emeren
  • Exhibit 120: Emeren - Overview
  • Exhibit 121: Emeren - Product / Service
  • Exhibit 122: Emeren - Key offerings
12.5 First Solar Inc.
  • Exhibit 123: First Solar Inc. - Overview
  • Exhibit 124: First Solar Inc. - Business segments
  • Exhibit 125: First Solar Inc. - Key offerings
  • Exhibit 126: First Solar Inc. - Segment focus
12.6 Hanwha Corp.
  • Exhibit 127: Hanwha Corp. - Overview
  • Exhibit 128: Hanwha Corp. - Product / Service
  • Exhibit 129: Hanwha Corp. - Key news
  • Exhibit 130: Hanwha Corp. - Key offerings
12.7 JA Solar Technology Co. Ltd.
  • Exhibit 131: JA Solar Technology Co. Ltd. - Overview
  • Exhibit 132: JA Solar Technology Co. Ltd. - Product / Service
  • Exhibit 133: JA Solar Technology Co. Ltd. - Key offerings
12.8 Jiangsu Shunfeng Photovoltaic Technology Co. Ltd.
  • Exhibit 134: Jiangsu Shunfeng Photovoltaic Technology Co. Ltd. - Overview
  • Exhibit 135: Jiangsu Shunfeng Photovoltaic Technology Co. Ltd. - Product / Service
  • Exhibit 136: Jiangsu Shunfeng Photovoltaic Technology Co. Ltd. - Key offerings
12.9 JinkoSolar Holding Co. Ltd.
  • Exhibit 137: JinkoSolar Holding Co. Ltd. - Overview
  • Exhibit 138: JinkoSolar Holding Co. Ltd. - Product / Service
  • Exhibit 139: JinkoSolar Holding Co. Ltd. - Key news
  • Exhibit 140: JinkoSolar Holding Co. Ltd. - Key offerings
12.10 Longi green energy technology Co. Ltd
  • Exhibit 141: Longi green energy technology Co. Ltd - Overview
  • Exhibit 142: Longi green energy technology Co. Ltd - Product / Service
  • Exhibit 143: Longi green energy technology Co. Ltd - Key offerings
12.11 Risen Energy Co. Ltd.
  • Exhibit 144: Risen Energy Co. Ltd. - Overview
  • Exhibit 145: Risen Energy Co. Ltd. - Product / Service
  • Exhibit 146: Risen Energy Co. Ltd. - Key offerings
12.12 Sharp Corp.
  • Exhibit 147: Sharp Corp. - Overview
  • Exhibit 148: Sharp Corp. - Business segments
  • Exhibit 149: Sharp Corp. - Key news
  • Exhibit 150: Sharp Corp. - Key offerings
  • Exhibit 151: Sharp Corp. - Segment focus
12.13 SolarEdge Technologies Inc.
  • Exhibit 152: SolarEdge Technologies Inc. - Overview
  • Exhibit 153: SolarEdge Technologies Inc. - Product / Service
  • Exhibit 154: SolarEdge Technologies Inc. - Key offerings
12.14 SunPower Corp.
  • Exhibit 155: SunPower Corp. - Overview
  • Exhibit 156: SunPower Corp. - Product / Service
  • Exhibit 157: SunPower Corp. - Key news
  • Exhibit 158: SunPower Corp. - Key offerings
12.15 Sunrun Inc.
  • Exhibit 159: Sunrun Inc. - Overview
  • Exhibit 160: Sunrun Inc. - Product / Service
  • Exhibit 161: Sunrun Inc. - Key offerings
12.16 Trina Solar Co. Ltd.
  • Exhibit 162: Trina Solar Co. Ltd. - Overview
  • Exhibit 163: Trina Solar Co. Ltd. - Business segments
  • Exhibit 164: Trina Solar Co. Ltd. - Key offerings
  • Exhibit 165: Trina Solar Co. Ltd. - Segment focus
12.17 Zhejiang CHINT Electrics Co. Ltd.
  • Exhibit 166: Zhejiang CHINT Electrics Co. Ltd. - Overview
  • Exhibit 167: Zhejiang CHINT Electrics Co. Ltd. - Product / Service
  • Exhibit 168: Zhejiang CHINT Electrics Co. Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 169: Inclusions checklist
  • Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 172: Research methodology
  • Exhibit 173: Validation techniques employed for market sizing
  • Exhibit 174: Information sources
13.5 List of abbreviations
  • Exhibit 175: List of abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Canadian Solar Inc.
  • Emeren
  • First Solar Inc.
  • Hanwha Corp.
  • JA Solar Technology Co. Ltd.
  • Jiangsu Shunfeng Photovoltaic Technology Co. Ltd.
  • JinkoSolar Holding Co. Ltd.
  • Longi green energy technology Co. Ltd
  • Moser Solar
  • Motech Industries Inc.
  • Novergy Energy Solutions Pvt. Ltd.
  • Risen Energy Co. Ltd.
  • Sharp Corp.
  • SolarEdge Technologies Inc.
  • Su kam Power
  • SunPower Corp.
  • Sunrun Inc.
  • Trina Solar Co. Ltd.
  • Vikram Solar Ltd.
  • Zhejiang CHINT Electrics Co. Ltd.