Registering a CAGR of 12.5% over the forecast period of 2022-2027, the global Crystalline Silicon PV Cells market is anticipated to reach the market value of US$ 3042.6 million in the year 2027.
A photovoltaic (PV) or a solar cell is a semiconductor device that alters light directly into electricity by the photovoltaic effect. Purified silicon is the most common material in solar cell production which can be applied in many ways. A PV module is an assembly of photo-voltaic cells hung in a framework for installation. PV cells use sunlight as a basis of energy and generate current electricity. A PV panel is a collection of PV modules and a system of panel is called an array. Arrays of PV system supply solar electricity to electrical equipment. Crystalline Silicon PV Cells market is scattered. Yingli, Sharp, JA Solar, Trina, Jinko Solar are leaders in the market. They occupied 5.06%, 5.11%, 5.81%, 7.03%, and 4.54% of production market share in 2015. Growth in market demand remained at around 17%. And the competition within the Crystalline Silicon PV Cells industry has a trend to be intensifying. There are more and more players into this market and the price of product will decrease.
The report also assesses the key opportunities in the Crystalline Silicon PV Cells market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Crystalline Silicon PV Cells Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Crystalline Silicon PV Cells Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Crystalline Silicon PV Cells Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Yingli, Sharp, JA Solar, Trina, Jinko Solar, Neo Solar Power, Motech, Sanyo Solar, Gintech Energy, Canadian Solar, Hareon Solar, Hanwha, Kyocera Solar, TongWei Solar, SolarWorld, SunPower, Eging PV, LONGi and others.
Industry News and Updates:
LONGi launches N-type TOPCon bifacial modules Hi-MO N at SNEC 2021
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment. In the global Crystalline Silicon PV market, China is the largest consumption area, accounting for about 33%, followed by Europe, accounting for about 20%.The main manufacturers are LONGi, Jinko Solar, Trina Solar, JA Solar, and the top two manufacturers account for a total of about 23%. Crystalline Silicon PV Cells Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects in the global market. The Global Crystalline Silicon PV Cells Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
North America
The Crystalline Silicon PV Cells Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Crystalline Silicon PV Cells Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Crystalline Silicon PV Cells Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Yingli, Sharp, JA Solar, Trina, Jinko Solar, Neo Solar Power |
Forecast Period 2022 to 2028 CAGR | CAGR of 12.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Yingli, Sharp, JA Solar, Trina, Jinko Solar, Neo Solar Power, Motech, Sanyo Solar, Gintech Energy, Canadian Solar, Hareon Solar, Hanwha, Kyocera Solar, TongWei Solar, SolarWorld, SunPower, Eging PV, LONGi and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Key Takeaways from this Crystalline Silicon PV Cells Report
Frequently Asked Questions
What is the study period of this market?
The Crystalline Silicon PV Cells Market is studied from 2017 - 2027.
What is the growth rate of Crystalline Silicon PV Cells Market?
The Crystalline Silicon PV Cells Market is growing at a CAGR of 12.5% over the next 5 years.
Who are the key players in Crystalline Silicon PV Cells Market?
Yingli, Sharp, JA Solar, Trina, Jinko Solar, Neo Solar Power, Motech, Sanyo Solar, Gintech Energy, Canadian Solar, Hareon Solar, Hanwha, Kyocera Solar, TongWei Solar, SolarWorld, SunPower, Eging PV, LONGi and others.
What regions does this Crystalline Silicon PV Cells Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Crystalline Silicon PV Cells Market?
Mono-Si cell, multi-Si cell
What are the major end-use applications of Crystalline Silicon PV Cells Market?
Residents, Commercial, Industrial use
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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