Market Overview:
The global PERC solar panels 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 solar energy due to its environmental benefits and falling prices of solar panels. In terms of type, the mono-crystalline segment is expected to dominate the global PERC solar panels market during the forecast period. This can be attributed to its high efficiency as compared to other types of solar panels. In terms of application, the residential segment is expected to lead the global PERC solar panels market during the forecast period.
Product Definition:
PERC (Passivated Emitter Rear Cell) solar panels are a type of photovoltaic panel that have been designed to improve the efficiency of solar energy collection. The rear surface of a PERC cell is treated with a special passivation layer that helps reduce reflection and increase the amount of light that is absorbed by the cell. This results in improved performance and higher conversion efficiencies.
Mono-crystalline:
Mono-crystalline silicon is the purest form of crystalline silicon. It has a single crystal and is free from defects. Mono-crystalline silicon solar cells are more efficient than polycrystalline and amorphous solar cells as they have better light absorption properties, which results in higher performance under high irradiance conditions.
Polycrystalline:
Polycrystalline silicon is a type of high-purity, ultra-pure and premium crystalline silicon that is produced using special production processes. It has higher melting point and lower Boiling Point (BP) as compared to the monocrystalline variety. As a result, polycrystalline products have better efficiency in terms of solar cell output power than monocrystalline ones.
Application Insights:
The residential application segment accounted for the largest revenue share of over 50% in 2017. The growing demand for PERC panels in off-grid solar power plants to cater to domestic needs is expected to drive the product demand over the forecast period. Growing urbanization and rising disposable income levels are likely to propel market growth over the coming years.
The commercial segment is projected register a CAGR of XX% from 2018 to 2030 owing to increasing government support towards renewable energy generation projects across various countries including China, India and Brazil among others.
Regional Analysis:
Asia Pacific dominated the global PERC solar panels market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to increasing installation of solar power plants. China, India, Japan, South Korea and Taiwan are some of the countries that have witnessed significant growth in installations of solar power stations over past few years. This has led to an increase in demand for PERC technology across Asia Pacific region.
The European market is expected to grow at a lucrative rate over the forecast period owing to growing target population base with high disposable income coupled with government support & funding initiatives such as F- Programme under which Germany aims at generating electricity through renewable energy by 2020 at competitive prices.
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 panels and installation costs
- Rising 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
PERC Solar Panels Market Research Report
By Type
Mono-crystalline, Polycrystalline
By Application
Residential, Commercial, Power Plants, Others
By Companies
Canadian Solar, Inc, Aleo, Meyer Burger, JA Solar Holdings, CSUN Solar Tech Co.，Ltd, Hanwha SolarOne Co. Ltd., Longi Solar, REC Solar Holdings AS, Jinergy, JinkoSolar Holding Co., Ltd, Motech Industries, Inc, Sharp Corporation, Trina Solar Ltd., Suzhou Talesun Solar Technologies Co., Ltd, Risen Energy 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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global PERC Solar Panels Market Report Segments:
The global PERC Solar Panels market is segmented on the basis of:
Types
Mono-crystalline, Polycrystalline
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, Power Plants, 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:
- Canadian Solar, Inc
- Aleo
- Meyer Burger
- JA Solar Holdings
- CSUN Solar Tech Co.，Ltd
- Hanwha SolarOne Co. Ltd.
- Longi Solar
- REC Solar Holdings AS
- Jinergy
- JinkoSolar Holding Co., Ltd
- Motech Industries, Inc
- Sharp Corporation
- Trina Solar Ltd.
- Suzhou Talesun Solar Technologies Co., Ltd
- Risen Energy Co. Ltd.
Highlights of The PERC 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:
- Mono-crystalline
- Polycrystalline
- By Application:
- Residential
- Commercial
- Power Plants
- 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 PERC 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?
PERC Solar Panels are a type of solar panel that uses semiconductor materials to convert sunlight into electricity. PERC panels are made up of several thin, transparent sheets that are mounted on a frame. The panels use less energy than other types of solar panels and can be installed quickly and easily.
Some of the major companies in the perc solar panels market are Canadian Solar, Inc, Aleo, Meyer Burger, JA Solar Holdings, CSUN Solar Tech Co.，Ltd, Hanwha SolarOne Co. Ltd., Longi Solar, REC Solar Holdings AS, Jinergy, JinkoSolar Holding Co., Ltd, Motech Industries, Inc, Sharp Corporation, Trina Solar Ltd., Suzhou Talesun Solar Technologies Co., Ltd, Risen Energy Co. Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PERC 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 PERC Solar Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PERC 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 PERC 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 PERC Solar Panels Market Size & Forecast, 2018-2028
4.5.1 PERC Solar Panels Market Size and Y-o-Y Growth
4.5.2 PERC Solar Panels Market Absolute $ Opportunity
Chapter 5 Global PERC 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 PERC Solar Panels Market Size Forecast by Type
5.2.1 Mono-crystalline
5.2.2 Polycrystalline
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PERC 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 PERC Solar Panels Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Power Plants
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PERC 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 PERC 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 PERC Solar Panels Analysis and Forecast
9.1 Introduction
9.2 North America PERC 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 PERC Solar Panels Market Size Forecast by Type
9.6.1 Mono-crystalline
9.6.2 Polycrystalline
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 PERC Solar Panels Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Power Plants
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 PERC Solar Panels Analysis and Forecast
10.1 Introduction
10.2 Europe PERC 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 PERC Solar Panels Market Size Forecast by Type
10.6.1 Mono-crystalline
10.6.2 Polycrystalline
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 PERC Solar Panels Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Power Plants
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 PERC Solar Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PERC 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 PERC Solar Panels Market Size Forecast by Type
11.6.1 Mono-crystalline
11.6.2 Polycrystalline
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 PERC Solar Panels Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Power Plants
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 PERC Solar Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America PERC 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 PERC Solar Panels Market Size Forecast by Type
12.6.1 Mono-crystalline
12.6.2 Polycrystalline
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 PERC Solar Panels Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Power Plants
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) PERC Solar Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PERC 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) PERC Solar Panels Market Size Forecast by Type
13.6.1 Mono-crystalline
13.6.2 Polycrystalline
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) PERC Solar Panels Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Power Plants
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 PERC Solar Panels Market: Competitive Dashboard
14.2 Global PERC Solar Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canadian Solar, Inc
14.3.2 Aleo
14.3.3 Meyer Burger
14.3.4 JA Solar Holdings
14.3.5 CSUN Solar Tech Co.，Ltd
14.3.6 Hanwha SolarOne Co. Ltd.
14.3.7 Longi Solar
14.3.8 REC Solar Holdings AS
14.3.9 Jinergy
14.3.10 JinkoSolar Holding Co., Ltd
14.3.11 Motech Industries, Inc
14.3.12 Sharp Corporation
14.3.13 Trina Solar Ltd.
14.3.14 Suzhou Talesun Solar Technologies Co., Ltd
14.3.15 Risen Energy Co. Ltd.
