Market Overview:
The global polycrystalline cells 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 across the globe. In addition, government initiatives and subsidies for installation of solar panels are also contributing to the growth of this market. The global polycrystalline cells market can be segmented on the basis of type into single-sided cell and double-sided cell. On the basis of application, it can be divided into independent photovoltaic power generation, grid-connected photovoltaic power generation and distributed photovoltaic power generation. Geographically, it can be segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa.
Product Definition:
A polycrystalline cell is a solar cell made of many small crystals. This type of solar cell is less efficient than monocrystalline cells, but it is also less expensive to produce. Polycrystalline cells are often used in large-scale installations where the cost savings are more important than the efficiency.
Single-sided Cell:
Single-sided cell, also called as single crystal or monocrystalline cell is a type of crystalline silicon wafer that has only one face covered with a layer of silicon dioxide. The other side of the wafer is left open to allow chemical vapor deposition (CVD) or physical vapor deposition (PVD) processes to build the device on this side.
Double-sided Cell:
Double-sided cell and its usage in polycrystalline cells market is a technology that involves the use of two independent electrodes facing each other with a separator between them. The double-sided cell can be used for various purposes such as electrochemical, biological, physical and chemical measurements. It helps to overcome limitations associated to single-cell analysis by providing simultaneous or consecutive measurement of multiple parameters from different sources.
Application Insights:
The grid-connected photovoltaic power generation application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. The growing emphasis on renewable energy production by various governments across the world is expected to boost demand for polycrystalline cells over the forecast period.
Independent photovoltaic power generation application segment was estimated at USD 4,176.3 million in 2017 and is anticipated to witness significant growth during the forecast period owing to increasing installations of rooftop solar systems across households and commercial buildings. In addition, rising awareness regarding clean energy among consumers will propel industry growth over the coming years.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2016 and is expected to witness significant growth owing to increasing government initiatives and investments in R&D activities. China, Japan, South Korea, Taiwan, Indonesia are some of the countries that have shown high interest in investing in polycrystalline silicon technology.
The European region dominated global polycrystalline cells market with a revenue share of more than 25% owing to large-scale adoption by independent power producers as an alternative source for generating electricity on account of its scalability across different geographical locations as well as under various weather conditions compared to other renewable sources such as wind and solar PV (Photo Voltaic Cells).
Growth Factors:
- Increasing demand for renewable energy sources: The growth of the polycrystalline cells market can be attributed to the increasing demand for renewable energy sources across the globe. This is owing to the growing concerns over climate change and rising electricity costs.
- Government initiatives and subsidies: Governments across the globe are promoting the use of renewable energy sources by providing various incentives, such as subsidies and tax rebates. This is aiding in the growth of the polycrystalline cells market.
- Technological advancements: The development of new technologies that improve efficiency and reduce manufacturing costs is aiding in the growth of this market.
- Rising awareness about solar power: There is a growing awareness about solar power among consumers, which is resulting in an increase in its adoption worldwide, thereby propellingthe growth of this market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Polycrystalline Cells Market Research Report
By Type
Single-sided Cell, Double-sided Cell
By Application
Independent Photovoltaic Power Generation, Grid-connected Photovoltaic Power Generation, Distributed Photovoltaic Power Generation
By Companies
LONGi Green Energy Technology, JinkoSolar, Trina Solar, JA Solar, Canadian Solar, Tongwei Solar, Zhonghuan Semiconductor, Risen Energy, Hanwha Q CELLS, Jiangsu Solarspace
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Polycrystalline Cells Market Report Segments:
The global Polycrystalline Cells market is segmented on the basis of:
Types
Single-sided Cell, Double-sided 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
Independent Photovoltaic Power Generation, Grid-connected Photovoltaic Power Generation, Distributed Photovoltaic Power Generation
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:
- LONGi Green Energy Technology
- JinkoSolar
- Trina Solar
- JA Solar
- Canadian Solar
- Tongwei Solar
- Zhonghuan Semiconductor
- Risen Energy
- Hanwha Q CELLS
- Jiangsu Solarspace
Highlights of The Polycrystalline Cells 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:
- Single-sided Cell
- Double-sided Cell
- By Application:
- Independent Photovoltaic Power Generation
- Grid-connected Photovoltaic Power Generation
- Distributed Photovoltaic Power Generation
- 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 Polycrystalline Cells 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?
Polycrystalline cells are made up of many small crystals. This makes the cell more efficient and durable than single crystal cells.
Some of the major players in the polycrystalline cells market are LONGi Green Energy Technology, JinkoSolar, Trina Solar, JA Solar, Canadian Solar, Tongwei Solar, Zhonghuan Semiconductor, Risen Energy, Hanwha Q CELLS, Jiangsu Solarspace.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polycrystalline Cells 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 Polycrystalline Cells Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polycrystalline Cells 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 Polycrystalline Cells 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 Polycrystalline Cells Market Size & Forecast, 2020-2028
4.5.1 Polycrystalline Cells Market Size and Y-o-Y Growth
4.5.2 Polycrystalline Cells 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 Single-sided Cell
5.2.2 Double-sided 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 Independent Photovoltaic Power Generation
6.2.2 Grid-connected Photovoltaic Power Generation
6.2.3 Distributed Photovoltaic Power Generation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polycrystalline Cells 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 Polycrystalline Cells 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 Single-sided Cell
9.6.2 Double-sided 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 Independent Photovoltaic Power Generation
9.10.2 Grid-connected Photovoltaic Power Generation
9.10.3 Distributed Photovoltaic Power Generation
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 Single-sided Cell
10.6.2 Double-sided 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 Independent Photovoltaic Power Generation
10.10.2 Grid-connected Photovoltaic Power Generation
10.10.3 Distributed Photovoltaic Power Generation
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 Single-sided Cell
11.6.2 Double-sided 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 Independent Photovoltaic Power Generation
11.10.2 Grid-connected Photovoltaic Power Generation
11.10.3 Distributed Photovoltaic Power Generation
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 Single-sided Cell
12.6.2 Double-sided 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 Independent Photovoltaic Power Generation
12.10.2 Grid-connected Photovoltaic Power Generation
12.10.3 Distributed Photovoltaic Power Generation
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 Single-sided Cell
13.6.2 Double-sided 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 Independent Photovoltaic Power Generation
13.10.2 Grid-connected Photovoltaic Power Generation
13.10.3 Distributed Photovoltaic Power Generation
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 Polycrystalline Cells Market: Competitive Dashboard
14.2 Global Polycrystalline Cells Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LONGi Green Energy Technology
14.3.2 JinkoSolar
14.3.3 Trina Solar
14.3.4 JA Solar
14.3.5 Canadian Solar
14.3.6 Tongwei Solar
14.3.7 Zhonghuan Semiconductor
14.3.8 Risen Energy
14.3.9 Hanwha Q CELLS
14.3.10 Jiangsu Solarspace
