Market Overview:
The global monocrystalline silicon solar cell market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy, coupled with the rising concerns about climate change and greenhouse gas emissions. Monocrystalline silicon solar cells are more efficient than other types of solar cells and are thus preferred for large-scale applications such as photovoltaic power stations. In addition, monocrystalline silicon solar cells are also finding increasing application in residential and commercial buildings. Some of the major players operating in this market include SunPower Corporation (U.S.), JinkoSolar Holding Co., Ltd.(China), Trina Solar Limited (China), Yingli Green Energy Holding Company Limited (China), Hanwha Q CELLS Co., Ltd.(South Korea) and Canadian Solar Inc.(Canada).
Product Definition:
A monocrystalline silicon solar cell is a type of solar cell made from a single crystal of silicon. Monocrystalline cells are more efficient than other types of cells and are therefore more expensive. They are used in applications where high efficiency is important, such as satellites and space probes.
Planar Monocrystalline Silicon Solar Cell:
Planar monocrystalline silicon solar cell is a new technology which has been developed to overcome the drawbacks of traditional polycrystalline and single crystal silicon cells. The major advantage of this technology is that it can be manufactured at low cost using inexpensive materials such as glass, plastic and paper. It also helps in increasing the efficiency level of these cells by reducing the absorption losses due to internal reflection along with improving light collection within the cell.
Grooved Buried Gate Electrode Monocrystalline Silicon Cell:
Grooved Buried Gate Electrode (GBE) monocrystalline silicon cell is one of the advanced forms of silicon solar cell. It has a lot more advantages over the traditional polycrystalline and amorphous Silicon cells. The major advantage is that it can absorb light in a much better way than other types, which results in higher efficiency.
Application Insights:
The market is segmented by application into a household, traffic, telecommunications, photovoltaic power station, solar building and others. The photovoltaic power station segment dominated the global monocrystalline silicon solar cell market in 2017 owing to the growing demand for clean energy. Monocrystalline silicon cells are used in large numbers for residential and commercial rooftop installations as well as large-scale utility-grade projects.
The telecom sector is expected to emerge as one of the prominent end users of monocrystalline silicon solar cells over the forecast period owing to increasing demand from mobile phone manufacturers for providing electricity at reasonable costs while maintaining high efficiency levels.
Regional Analysis:
Asia Pacific dominated the global monocrystalline silicon solar cell market in 2016 with a revenue share of over 38%. This is attributed to large-scale investments and favorable government policies. China, Japan, South Korea, Taiwan and India are the major countries investing in this industry. The region will expand further at a significant CAGR from 2017 to 2030 due to increasing demand for electricity generation through renewable energy sources.
The European Commission announced financial incentives for solar power projects under its Horizon 2020 initiative which include feed-in tariffs (FITs) and premium rates for long term contracts. Countries such as Germany have introduced feed-in tariffs that offer subsidies on electricity generated through renewable energy technologies such as photovoltaic systems or wind turbines installed on residential buildings or commercial establishments.
Growth Factors:
- Increasing demand for electricity 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 energy systems
- Advances in technology that improve the efficiency of solar cells
- Increased awareness about the benefits of solar energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Monocrystalline Silicon Solar Cell Market Research Report
By Type
Planar Monocrystalline Silicon Solar Cell, Grooved Buried Gate Electrode Monocrystalline Silicon Cell
By Application
Household, Traffic, Telecommunication, Photovoltaic Power Station, Solar Building, Others
By Companies
Linuo PV High Technology, LONGI, JA Solar, Suntech, SunPower, Yingli Solar, Bosch Solar Energy, E-Ton Solar Tech, Solargiga Energy, SolarCity
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Monocrystalline Silicon Solar Cell Market Report Segments:
The global Monocrystalline Silicon Solar Cell market is segmented on the basis of:
Types
Planar Monocrystalline Silicon Solar Cell, Grooved Buried Gate Electrode Monocrystalline Silicon 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
Household, Traffic, Telecommunication, Photovoltaic Power Station, Solar Building, 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:
- Linuo PV High Technology
- LONGI
- JA Solar
- Suntech
- SunPower
- Yingli Solar
- Bosch Solar Energy
- E-Ton Solar Tech
- Solargiga Energy
- SolarCity
Highlights of The Monocrystalline Silicon Solar Cell 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:
- Planar Monocrystalline Silicon Solar Cell
- Grooved Buried Gate Electrode Monocrystalline Silicon Cell
- By Application:
- Household
- Traffic
- Telecommunication
- Photovoltaic Power Station
- Solar Building
- 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 Monocrystalline Silicon 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
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?
A monocrystalline silicon solar cell is a type of solar cell made from single crystalline silicon. Monocrystalline cells are more efficient than polycrystalline cells and have a longer lifetime.
Some of the major players in the monocrystalline silicon solar cell market are Linuo PV High Technology, LONGI, JA Solar, Suntech, SunPower, Yingli Solar, Bosch Solar Energy, E-Ton Solar Tech, Solargiga Energy, SolarCity.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Monocrystalline Silicon Solar Cell 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 Monocrystalline Silicon Solar Cell Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Monocrystalline Silicon Solar Cell 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 Monocrystalline Silicon Solar Cell 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 Monocrystalline Silicon Solar Cell Market Size & Forecast, 2020-2028
4.5.1 Monocrystalline Silicon Solar Cell Market Size and Y-o-Y Growth
4.5.2 Monocrystalline Silicon Solar Cell Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Planar Monocrystalline Silicon Solar Cell
5.2.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Traffic
6.2.3 Telecommunication
6.2.4 Photovoltaic Power Station
6.2.5 Solar Building
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monocrystalline Silicon Solar Cell 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 Monocrystalline Silicon Solar Cell 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Planar Monocrystalline Silicon Solar Cell
9.6.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Traffic
9.10.3 Telecommunication
9.10.4 Photovoltaic Power Station
9.10.5 Solar Building
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Planar Monocrystalline Silicon Solar Cell
10.6.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Traffic
10.10.3 Telecommunication
10.10.4 Photovoltaic Power Station
10.10.5 Solar Building
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Planar Monocrystalline Silicon Solar Cell
11.6.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Traffic
11.10.3 Telecommunication
11.10.4 Photovoltaic Power Station
11.10.5 Solar Building
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Planar Monocrystalline Silicon Solar Cell
12.6.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Traffic
12.10.3 Telecommunication
12.10.4 Photovoltaic Power Station
12.10.5 Solar Building
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Planar Monocrystalline Silicon Solar Cell
13.6.2 Grooved Buried Gate Electrode Monocrystalline Silicon Cell
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Traffic
13.10.3 Telecommunication
13.10.4 Photovoltaic Power Station
13.10.5 Solar Building
13.10.6 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 Monocrystalline Silicon Solar Cell Market: Competitive Dashboard
14.2 Global Monocrystalline Silicon Solar Cell Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linuo PV High Technology
14.3.2 LONGI
14.3.3 JA Solar
14.3.4 Suntech
14.3.5 SunPower
14.3.6 Yingli Solar
14.3.7 Bosch Solar Energy
14.3.8 E-Ton Solar Tech
14.3.9 Solargiga Energy
14.3.10 SolarCity
