Market Overview:
The global half cell solar panels market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy, coupled with rising concerns about climate change and greenhouse gas emissions. In addition, government initiatives and subsidies for installation of solar panels are also contributing to the growth of this market. Based on type, monocrystalline silicon solar panel is expected to account for a major share of the global half cell solar panels market during the forecast period. This can be attributed to its high efficiency as compared to other types of solar panels available in the market.
Product Definition:
A Half Cell Solar Panel is a solar panel that has been designed with two different types of solar cells. The front of the panel will have one type of cell, while the back will have another type. This design helps to increase the efficiency of the solar panel.
Monocrystalline Silicon Solar Panel:
Monocrystalline Silicon solar panel is one of the advanced crystalline silicon photovoltaic modules which has high efficiency and purity. Monocrystalline silicon PV module utilizes only one-third of the incident solar radiation, as compared to polycrystalline and thin-film modules. It also provides higher space efficiency, improved performance under severe weather conditions, enhanced reliability due to fewer raw material & labor costs and lower maintenance requirements.
Polycrystalline Silicon Solar Panel:
Polycrystalline Silicon solar panels are made from fine quality polycrystalline silicon, which is a type of crystalline silicon. Polycrystalline silicon has the ability to absorb more energy than monocrystalline and polycristallined panels. The main driver for the growth of this market is its high efficiency in terms of power generation per area compared to other types of solar panel products available in the market today.
Application Insights:
The others application segment includes government, non-profit organizations, and other applications. The residential sector dominated the global half cell solar panels market in terms of revenue share at 30.0% in 2017 owing to rising awareness about clean energy and growing emphasis on reducing electricity costs among end-users.
The commercial sector is expected to witness significant growth over the forecast period due to increasing investments by companies for developing renewable sources of energy such as wind and solar power. In addition, favorable government policies regarding net metering are expected to drive demand over the forecast period. Increasing investments by companies for developing renewable sources of energy such as wind and solar power are expected to drive demand over the forecast period (2017 - 2030). In addition, favorable government policies regarding net metering are expected to drive demand over the forecast period (2017 - 2030).
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the industry on account of increasing focus on reducing dependency on non- renewable sources of energy and growing adoption by commercial and industrial sectors. Moreover, supportive government initiatives are anticipated to propel industry growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions owing to rising demand from residential as well as commercial applications due to rapid urbanization across emerging economies including China, India, Indonesia, Malaysia Philippines Russia South Korea Thailand Vietnam among others. Increasing penetration rate in these countries owing to favorable government policies aimed at promoting investments from domestic as well as foreign players is further expected fuel regional growth during the forecast period.
The Middle East & Africa (MEA) segment was valued at USD X billion in 2017.
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 panels and installation costs
- Increased awareness about the benefits of solar energy among consumers and businesses
- Technological advancements that make solar panels more efficient and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Half Cell Solar Panels Market Research Report
By Type
Monocrystalline Silicon Solar Panel, Polycrystalline Silicon Solar Panel
By Application
Residential, Commercial, Industrial, Others
By Companies
REC Solar Holdings AS, Canadian Solar, Inc, LONGi Solar, Hanwha SolarOne Co. Ltd.(Q CELLS), CSUN Solar Tech Co.，Ltd, JA Solar Holdings, ReneSola Zhejiang Ltd, Wuxi Suntech Power Co., Ltd, Amerisolar, Trina Solar, Seraphim, CELL SOLAR, JinkoSolar Holding Co., Ltd, Guangdong Prostar New Energy Technology Co., Ltd
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Half Cell Solar Panels Market Report Segments:
The global Half Cell Solar Panels market is segmented on the basis of:
Types
Monocrystalline Silicon Solar Panel, Polycrystalline Silicon Solar Panel
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, Others
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:
- REC Solar Holdings AS
- Canadian Solar, Inc
- LONGi Solar
- Hanwha SolarOne Co. Ltd.(Q CELLS)
- CSUN Solar Tech Co.，Ltd
- JA Solar Holdings
- ReneSola Zhejiang Ltd
- Wuxi Suntech Power Co., Ltd
- Amerisolar
- Trina Solar
- Seraphim
- CELL SOLAR
- JinkoSolar Holding Co., Ltd
- Guangdong Prostar New Energy Technology Co., Ltd
Highlights of The Half Cell Solar Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monocrystalline Silicon Solar Panel
- Polycrystalline Silicon Solar Panel
- By Application:
- Residential
- Commercial
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Half Cell Solar Panels 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Half cell solar panels are a type of solar panel that use less material than traditional solar panels. Half cell solar panels are made up of two layers: an outer layer of silicon and an inner layer of gallium arsenide. These panels have the ability to convert more sunlight into electricity than traditional solar panels, but they also require more maintenance because they can be damaged by weather conditions.
Some of the key players operating in the half cell solar panels market are REC Solar Holdings AS, Canadian Solar, Inc, LONGi Solar, Hanwha SolarOne Co. Ltd.(Q CELLS), CSUN Solar Tech Co.，Ltd, JA Solar Holdings, ReneSola Zhejiang Ltd, Wuxi Suntech Power Co., Ltd, Amerisolar, Trina Solar, Seraphim, CELL SOLAR, JinkoSolar Holding Co., Ltd, Guangdong Prostar New Energy Technology Co., Ltd.
The half cell solar panels market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Half Cell Solar Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Half Cell Solar Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Half Cell Solar Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Half Cell Solar Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Half Cell Solar Panels Market Size & Forecast, 2018-2028
4.5.1 Half Cell Solar Panels Market Size and Y-o-Y Growth
4.5.2 Half Cell Solar Panels Market Absolute $ Opportunity
Chapter 5 Global Half Cell Solar Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Half Cell Solar Panels Market Size Forecast by Type
5.2.1 Monocrystalline Silicon Solar Panel
5.2.2 Polycrystalline Silicon Solar Panel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Half Cell Solar Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Half Cell Solar Panels Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Half Cell Solar Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Half Cell Solar Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Half Cell Solar Panels Analysis and Forecast
9.1 Introduction
9.2 North America Half Cell Solar Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Half Cell Solar Panels Market Size Forecast by Type
9.6.1 Monocrystalline Silicon Solar Panel
9.6.2 Polycrystalline Silicon Solar Panel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Half Cell Solar Panels Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Half Cell Solar Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Half Cell Solar Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Half Cell Solar Panels Market Size Forecast by Type
10.6.1 Monocrystalline Silicon Solar Panel
10.6.2 Polycrystalline Silicon Solar Panel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Half Cell Solar Panels Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Half Cell Solar Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Half Cell Solar Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Half Cell Solar Panels Market Size Forecast by Type
11.6.1 Monocrystalline Silicon Solar Panel
11.6.2 Polycrystalline Silicon Solar Panel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Half Cell Solar Panels Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Half Cell Solar Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Half Cell Solar Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Half Cell Solar Panels Market Size Forecast by Type
12.6.1 Monocrystalline Silicon Solar Panel
12.6.2 Polycrystalline Silicon Solar Panel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Half Cell Solar Panels Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Half Cell Solar Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Half Cell Solar Panels Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Half Cell Solar Panels Market Size Forecast by Type
13.6.1 Monocrystalline Silicon Solar Panel
13.6.2 Polycrystalline Silicon Solar Panel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Half Cell Solar Panels Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Half Cell Solar Panels Market: Competitive Dashboard
14.2 Global Half Cell Solar Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 REC Solar Holdings AS
14.3.2 Canadian Solar, Inc
14.3.3 LONGi Solar
14.3.4 Hanwha SolarOne Co. Ltd.(Q CELLS)
14.3.5 CSUN Solar Tech Co.，Ltd
14.3.6 JA Solar Holdings
14.3.7 ReneSola Zhejiang Ltd
14.3.8 Wuxi Suntech Power Co., Ltd
14.3.9 Amerisolar
14.3.10 Trina Solar
14.3.11 Seraphim
14.3.12 CELL SOLAR
14.3.13 JinkoSolar Holding Co., Ltd
14.3.14 Guangdong Prostar New Energy Technology Co., Ltd
