Market Overview:
The global polycrystalline 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 renewable energy sources and the rising awareness about the benefits of using solar cells. The global polycrystalline silicon solar cell market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into single-sided polycrystalline silicon solar cells and double-sided polycrystalline silicon solar cells. On the basis of application, it can be classified into residential, commercial, and industrial applications. Regionally speaking, it has been analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China Japan India) Middle East & Africa(South Africa).
Product Definition:
A solar cell, or photovoltaic cell, is a device that converts the energy of light into electrical energy. Polycrystalline silicon solar cells are made of many small silicon crystals. They are more efficient than monocrystalline solar cells and are less expensive to produce.
Single Sided Polycrystalline Silicon Solar Cell:
Single-sided polycrystalline silicon solar cell is a new technology that has been developed to overcome the drawbacks of conventional multi-crystalline and monocrystalline PV cells. The single-sided cell exhibits higher efficiency in terms of power generation than its counterparts, owing to which it has been gaining popularity among manufacturers.
Double Sided Polycrystalline Silicon Solar Cell:
Double-sided polycrystalline silicon solar cell is a new technology that has emerged in the recent years and it is expected to replace monocrystalline and polycrystalline silicon solar cells over the forecast period. The major advantage of this type of solar cell is that it can be manufactured at low cost which makes them competitive with other technologies available in the market.
Application Insights:
The market is segmented by application into residential, commercial and industrial. The residential sector accounted for the largest share in 2016 owing to rising demand from end-use applications such as roof top panels, water heating systems and small & large scale power generation plants. Rapid urbanization coupled with government initiatives to provide affordable housing is expected to drive the demand for solar cells over the forecast period.
The commercial sector includes non-residential applications such as shopping malls, hotels, hospitals or offices which require large capacity power sources due to increasing work pressure in medical facilities or on construction sites where heavy machinery are used frequently. Polycrystalline silicon solar cell units with high efficiency are used extensively in these sectors owing to their low cost along with other renewable energy sources of similar capacities like wind energy installations that have become cheaper than coal and other fossil fuel based electricity generating plants across various regions of the world including North America and Europe over recent years.
Regional Analysis:
Asia Pacific is expected 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 anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as electronics, automotive, and construction. China was one of the largest markets for polycrystalline silicon solar cells with a capacity utilization rate exceeding 40%.
The country also had high product demand due to its large population coupled with rapid industrialization and urbanization. In addition, favorable government policies encouraging investments in renewable energy are expected to drive industry growth over the coming years. North America emerged as one of the prominent consumers of polycrystalline silicon solar cells owing to high awareness regarding environmental protection coupled with an inclination towards sustainable energy solutions (ES).
Growth Factors:
- Increasing demand for solar energy due to global warming and rising electricity costs
- Government initiatives and subsidies for installation of solar panels
- Reduction in the cost of polycrystalline silicon solar cells
- Technological advancements that have led to increase in efficiency of polycrystalline silicon solar cells
- Increased awareness about the benefits of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Polycrystalline Silicon Solar Cell Market Research Report
By Type
Single Sided Polycrystalline Silicon Solar Cell, Double Sided Polycrystalline Silicon Solar Cell
By Application
Residential, Commercial, Industrial
By Companies
Sharp, Bosch Solar Energy, Canadian Solar, Kyocera Solar, SunPower, JA Solar, E-Ton Solar, Jniko Solar, Trina Solar, Suntech, Sharp, Eging PV, TongWei Solar, Hareon Solar
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Polycrystalline Silicon Solar Cell Market Report Segments:
The global Polycrystalline Silicon Solar Cell market is segmented on the basis of:
Types
Single Sided Polycrystalline Silicon Solar Cell, Double Sided Polycrystalline Silicon Solar 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:
- Sharp
- Bosch Solar Energy
- Canadian Solar
- Kyocera Solar
- SunPower
- JA Solar
- E-Ton Solar
- Jniko Solar
- Trina Solar
- Suntech
- Sharp
- Eging PV
- TongWei Solar
- Hareon Solar
Highlights of The Polycrystalline 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:
- Single Sided Polycrystalline Silicon Solar Cell
- Double Sided Polycrystalline Silicon Solar Cell
- By Application:
- Residential
- Commercial
- Industrial
- 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 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 polycrystalline silicon solar cell is a type of photovoltaic cell made from small, individual crystals of silicon. These cells are cheaper to produce than traditional crystalline silicon cells and have the potential to be more efficient in converting sunlight into electricity.
Some of the major companies in the polycrystalline silicon solar cell market are Sharp, Bosch Solar Energy, Canadian Solar, Kyocera Solar, SunPower, JA Solar, E-Ton Solar, Jniko Solar, Trina Solar, Suntech, Sharp, Eging PV, TongWei Solar, Hareon Solar.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polycrystalline 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 Polycrystalline Silicon Solar Cell Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polycrystalline 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 Polycrystalline 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 Polycrystalline Silicon Solar Cell Market Size & Forecast, 2018-2028
4.5.1 Polycrystalline Silicon Solar Cell Market Size and Y-o-Y Growth
4.5.2 Polycrystalline Silicon Solar Cell Market Absolute $ Opportunity
Chapter 5 Global Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Type
5.2.1 Single Sided Polycrystalline Silicon Solar Cell
5.2.2 Double Sided Polycrystalline Silicon Solar Cell
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polycrystalline 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 Polycrystalline 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 Polycrystalline Silicon Solar Cell Analysis and Forecast
9.1 Introduction
9.2 North America Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Type
9.6.1 Single Sided Polycrystalline Silicon Solar Cell
9.6.2 Double Sided Polycrystalline Silicon Solar 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Polycrystalline Silicon Solar Cell Analysis and Forecast
10.1 Introduction
10.2 Europe Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Type
10.6.1 Single Sided Polycrystalline Silicon Solar Cell
10.6.2 Double Sided Polycrystalline Silicon Solar 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Polycrystalline Silicon Solar Cell Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Type
11.6.1 Single Sided Polycrystalline Silicon Solar Cell
11.6.2 Double Sided Polycrystalline Silicon Solar 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Polycrystalline Silicon Solar Cell Analysis and Forecast
12.1 Introduction
12.2 Latin America Polycrystalline Silicon Solar Cell 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Type
12.6.1 Single Sided Polycrystalline Silicon Solar Cell
12.6.2 Double Sided Polycrystalline Silicon Solar 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 Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Polycrystalline Silicon Solar Cell Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polycrystalline Silicon Solar Cell 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) Polycrystalline Silicon Solar Cell Market Size Forecast by Type
13.6.1 Single Sided Polycrystalline Silicon Solar Cell
13.6.2 Double Sided Polycrystalline Silicon Solar 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) Polycrystalline Silicon Solar Cell Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Silicon Solar Cell Market: Competitive Dashboard
14.2 Global Polycrystalline Silicon Solar Cell Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sharp
14.3.2 Bosch Solar Energy
14.3.3 Canadian Solar
14.3.4 Kyocera Solar
14.3.5 SunPower
14.3.6 JA Solar
14.3.7 E-Ton Solar
14.3.8 Jniko Solar
14.3.9 Trina Solar
14.3.10 Suntech
14.3.11 Sharp
14.3.12 Eging PV
14.3.13 TongWei Solar
14.3.14 Hareon Solar
