Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Crystalline Solar Cell Market by Type (Mono-Si Cell, Multi-Si Cell), By Application (Residential, Commercial, Industrial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Crystalline Solar Cell Market by Type (Mono-Si Cell, Multi-Si Cell), By Application (Residential, Commercial, Industrial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 153440 3300 Energy & Power 377 250 Pages 4.7 (31)
                                          

Market Overview:


The global crystalline solar cell market is expected to grow at a CAGR of over 10% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy sources across the globe and government initiatives and subsidies for promoting solar energy. In terms of type, the mono-Si cell segment is expected to dominate the market during the forecast period owing to its high efficiency as compared to other types of cells. In terms of application, residential segment is expected to hold a major share in terms of revenue in 2018 and is projected grow at a CAGR of over 11%. Geographically, North America dominates the global crystalline solar cell market followed by Europe and Asia Pacific.


Global Crystalline Solar Cell Industry Outlook


Product Definition:


A crystalline solar cell is a type of photovoltaic cell, made from a single or polycrystalline silicon wafer, that uses sunlight to generate electricity. The importance of crystalline solar cells is that they are more efficient than other types of solar cells and can be produced at a lower cost.


Mono-Si Cell:


Mono-Si cell is a crystalline silicon solar cell with an integrated back sheet. It has one face that is towards the substrate and the other face which is facing away from the substrate, this allows both sunlight and heat to equally penetrate through its material. Mono-Si cells are used in applications where space constraints or weight limitations exist, for instance; on satellites where space is limited or if extra weight would add up to the satellite's cost.


Multi-Si Cell:


Multi-Si cell is a new technology that integrates more than two solar cells into a single module. It helps in increasing the efficiency of crystalline silicon solar cells and reduces the manufacturing cost by eliminating unnecessary steps during fabrication. Multi-Si cell can be used for various applications including building-integrated photovoltaic (BIPV) applications, residential & commercial roof top installations, and off grid power generation among others.


Application Insights:


The residential application segment accounted for the largest share of over 30% in 2017. Crystalline silicon solar cells are used in large scale for residential applications, owing to their low installation cost and easy availability. The product is manufactured in small sizes, which makes it suitable for use on roofs of houses.


Crystalline silicon solar cell manufacturers are focusing on increasing their market penetration by expanding their distribution channels and offering customized products to meet the diverse needs of end-users. For instance, Enel X developed a product specifically designed for off-grid cabin power generation that uses CSiS technology under the brand name ¢â‚¬ËœEnel X CSiS Off Grid Power System¢â‚¬â„¢. Such initiatives by industry players will help them gain a significant edge over other competitors operating in this market space over the forecast period.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing government support and rising investments in renewable energy. For instance, China has implemented various policies such as feed-in tariff (FIT) program forcrystalline solar cells which provides subsidies on a monthly basis based on the capacity of installation. This policy is likely to encourage crystalline solar cell installations in China, thereby driving regional market growth. In addition, Japan has also announced plans for phasing out fossil fuels by 2030 which will further drive market growth over the coming years.


Europe was estimated as being worth USD X billion in 2016 and is anticipated to witness significant growth during the forecast period due to growing concerns regarding global warming caused by carbon emissions from fossil fuel power plants and rapid development of clean energy sources such as crystalline solar cells.


Growth Factors:


  • Increasing demand for energy due to population growth and industrialization in developing countries
  • Government policies and regulations supporting the use of solar energy
  • Reduction in the cost of solar cells and installation
  • Development of new technologies that improve performance or reduce costs
  • Increased awareness about the benefits of solar energy

Scope Of The Report

Report Attributes

Report Details

Report Title

Crystalline Solar Cell Market Research Report

By Type

Mono-Si Cell, Multi-Si Cell

By Application

Residential, Commercial, Industrial

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

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Crystalline Solar Cell Market Report Segments:

The global Crystalline Solar Cell market is segmented on the basis of:

Types

Mono-Si Cell, Multi-Si Cell

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Residential, Commercial, Industrial

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Yingli
  2. Sharp
  3. JA Solar
  4. Trina
  5. Jinko Solar
  6. Neo Solar Power
  7. Motech
  8. Sanyo Solar
  9. Gintech Energy
  10. Canadian Solar
  11. Hareon Solar
  12. Hanwha
  13. Kyocera Solar
  14. TongWei Solar
  15. SolarWorld
  16. SunPower
  17. Eging PV

Global Crystalline Solar Cell Market Overview


Highlights of The Crystalline Solar Cell Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Mono-Si Cell
    2. Multi-Si Cell
  1. By Application:

    1. Residential
    2. Commercial
    3. Industrial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Crystalline Solar Cell Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Crystalline Solar Cell Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A crystalline solar cell is a type of photovoltaic cell that uses crystals to convert sunlight into electrical energy. Crystalline cells are more efficient than other types of solar cells because they can absorb more light energy and convert it into electricity with less power needed to drive the device.

Some of the key players operating in the crystalline solar cell market are 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.

The crystalline solar cell market is expected to grow at a compound annual growth rate of 10%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Crystalline Solar Cell Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Crystalline Solar Cell Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Crystalline Solar Cell Market - Supply Chain
   4.5. Global Crystalline Solar Cell Market Forecast
      4.5.1. Crystalline Solar Cell Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Crystalline Solar Cell Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Crystalline Solar Cell Market Absolute $ Opportunity

5. Global Crystalline Solar Cell Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Crystalline Solar Cell Market Size and Volume Forecast by Type
      5.3.1. Mono-Si Cell
      5.3.2. Multi-Si Cell
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Crystalline Solar Cell Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Crystalline Solar Cell Market Size and Volume Forecast by Application
      6.3.1. Residential
      6.3.2. Commercial
      6.3.3. Industrial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Crystalline Solar Cell Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Crystalline Solar Cell Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Crystalline Solar Cell Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Crystalline Solar Cell Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Crystalline Solar Cell Demand Share Forecast, 2019-2026

9. North America Crystalline Solar Cell Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Crystalline Solar Cell Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Crystalline Solar Cell Market Size and Volume Forecast by Application
      9.4.1. Residential
      9.4.2. Commercial
      9.4.3. Industrial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Crystalline Solar Cell Market Size and Volume Forecast by Type
      9.7.1. Mono-Si Cell
      9.7.2. Multi-Si Cell
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Crystalline Solar Cell Demand Share Forecast, 2019-2026

10. Latin America Crystalline Solar Cell Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Crystalline Solar Cell Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Crystalline Solar Cell Market Size and Volume Forecast by Application
      10.4.1. Residential
      10.4.2. Commercial
      10.4.3. Industrial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Crystalline Solar Cell Market Size and Volume Forecast by Type
      10.7.1. Mono-Si Cell
      10.7.2. Multi-Si Cell
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Crystalline Solar Cell Demand Share Forecast, 2019-2026

11. Europe Crystalline Solar Cell Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Crystalline Solar Cell Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Crystalline Solar Cell Market Size and Volume Forecast by Application
      11.4.1. Residential
      11.4.2. Commercial
      11.4.3. Industrial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Crystalline Solar Cell Market Size and Volume Forecast by Type
      11.7.1. Mono-Si Cell
      11.7.2. Multi-Si Cell
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projectios by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Crystalline Solar Cell Demand Share, 2019-2026

12. Asia Pacific Crystalline Solar Cell Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Crystalline Solar Cell Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Crystalline Solar Cell Market Size and Volume Forecast by Application
      12.4.1. Residential
      12.4.2. Commercial
      12.4.3. Industrial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Crystalline Solar Cell Market Size and Volume Forecast by Type
      12.7.1. Mono-Si Cell
      12.7.2. Multi-Si Cell
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Crystalline Solar Cell Demand Share, 2019-2026

13. Middle East & Africa Crystalline Solar Cell Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Crystalline Solar Cell Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Crystalline Solar Cell Market Size and Volume Forecast by Application
      13.4.1. Residential
      13.4.2. Commercial
      13.4.3. Industrial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Crystalline Solar Cell Market Size and Volume Forecast by Type
      13.7.1. Mono-Si Cell
      13.7.2. Multi-Si Cell
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Crystalline Solar Cell Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Crystalline Solar Cell Market: Market Share Analysis
   14.2. Crystalline Solar Cell Distributors and Customers
   14.3. Crystalline Solar Cell Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Yingli
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Sharp
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. JA Solar
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Trina
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Jinko Solar
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Neo Solar Power
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Motech
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Sanyo Solar
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Gintech Energy
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Canadian Solar
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Hareon Solar
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Hanwha
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Kyocera Solar
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. TongWei Solar
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. SolarWorld
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. SunPower
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Eging PV
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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