The global solar cell (photovoltaic) equipment market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030. The residential segment is expected to be the fastest-growing segment in the global solar cell (photovoltaic) equipment market, with a CAGR of 8.6% from 2021 to 2030. The commercial segment is expected to be the second-fastest-growing segment in this market, with a CAGR of 7%.
Some Of The Growth Factors Of This Market:
- Increasing investments in research and development activities by key players in the industry is also expected to fuel this market growth over the forecast period.
- The increasing demand for solar power plants across emerging economies such as India and China is also expected to drive this market growth over the forecast period due to their high investment potentials in renewable energy sources such as solar power plants which will lead to increased demand for solar cells equipment globally during the forecast period from 2017-2022.
Industry Growth Insights published a new data on “Solar Cell (Photovoltaic) Equipment Market”. The research report is titled “Solar Cell (Photovoltaic) Equipment Market research by Types (Single Crystal Silicon, Polycrystalline Silicon, Other), By Applications (Residential, Commercial, Ground Station, Others), By Players/Companies Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyocera Solar, Solar Frontier, Solarworld, NSP, Trina Solar, Canadian Solar, Jinko Solar, JA Solar, GCL System Integration, Yingli, Shunfeng, ReneSola, Risen, Chint Group, Hareonsolar, Eging PV, CSUN, BYD, HT-SAAE”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Cell (Photovoltaic) Equipment Market Research Report
By Type
Single Crystal Silicon, Polycrystalline Silicon, Other
By Application
Residential, Commercial, Ground Station, Others
By Companies
Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyocera Solar, Solar Frontier, Solarworld, NSP, Trina Solar, Canadian Solar, Jinko Solar, JA Solar, GCL System Integration, Yingli, Shunfeng, ReneSola, Risen, Chint Group, Hareonsolar, Eging PV, CSUN, BYD, HT-SAAE
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
 Equipment Industry Outlook.svg)
Global Solar Cell (Photovoltaic) Equipment Market Report Segments:
The global Solar Cell (Photovoltaic) Equipment market is segmented on the basis of:
Types
Single Crystal Silicon, Polycrystalline Silicon, Other
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, Ground Station, 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:
- Hanwha
- First Solar
- SunPower
- Elkem Solar
- Sharp
- Kyocera Solar
- Solar Frontier
- Solarworld
- NSP
- Trina Solar
- Canadian Solar
- Jinko Solar
- JA Solar
- GCL System Integration
- Yingli
- Shunfeng
- ReneSola
- Risen
- Chint Group
- Hareonsolar
- Eging PV
- CSUN
- BYD
- HT-SAAE
 Equipment Market Overview.svg)
Highlights of The Solar Cell (Photovoltaic) Equipment 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 Crystal Silicon
- Polycrystalline Silicon
- Other
- By Application:
- Residential
- Commercial
- Ground Station
- 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 Solar Cell (Photovoltaic) Equipment 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
 Equipment Market Statistics.svg)
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?
Solar cell equipment is used to convert sunlight into electricity. Solar cells are made up of a number of different materials, including silicon, germanium and gallium arsenide. When light hits these materials, they can create an electric current.
Some of the key players operating in the solar cell (photovoltaic) equipment market are Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyocera Solar, Solar Frontier, Solarworld, NSP, Trina Solar, Canadian Solar, Jinko Solar, JA Solar, GCL System Integration, Yingli, Shunfeng, ReneSola, Risen, Chint Group, Hareonsolar, Eging PV, CSUN, BYD, HT-SAAE.
The solar cell (photovoltaic) equipment market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Cell (Photovoltaic) Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar Cell (Photovoltaic) Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Cell (Photovoltaic) Equipment Market - Supply Chain
4.5. Global Solar Cell (Photovoltaic) Equipment Market Forecast
4.5.1. Solar Cell (Photovoltaic) Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Cell (Photovoltaic) Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Cell (Photovoltaic) Equipment Market Absolute $ Opportunity
5. Global Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
5.3.1. Single Crystal Silicon
5.3.2. Polycrystalline Silicon
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Ground Station
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solar Cell (Photovoltaic) Equipment Demand Share Forecast, 2019-2026
9. North America Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Ground Station
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
9.7.1. Single Crystal Silicon
9.7.2. Polycrystalline Silicon
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solar Cell (Photovoltaic) Equipment Demand Share Forecast, 2019-2026
10. Latin America Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Ground Station
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
10.7.1. Single Crystal Silicon
10.7.2. Polycrystalline Silicon
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solar Cell (Photovoltaic) Equipment Demand Share Forecast, 2019-2026
11. Europe Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Ground Station
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
11.7.1. Single Crystal Silicon
11.7.2. Polycrystalline Silicon
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solar Cell (Photovoltaic) Equipment Demand Share, 2019-2026
12. Asia Pacific Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Ground Station
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
12.7.1. Single Crystal Silicon
12.7.2. Polycrystalline Silicon
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solar Cell (Photovoltaic) Equipment Demand Share, 2019-2026
13. Middle East & Africa Solar Cell (Photovoltaic) Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solar Cell (Photovoltaic) Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Ground Station
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Cell (Photovoltaic) Equipment Market Size and Volume Forecast by Type
13.7.1. Single Crystal Silicon
13.7.2. Polycrystalline Silicon
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solar Cell (Photovoltaic) Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Cell (Photovoltaic) Equipment Market: Market Share Analysis
14.2. Solar Cell (Photovoltaic) Equipment Distributors and Customers
14.3. Solar Cell (Photovoltaic) Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hanwha
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. First Solar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SunPower
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Elkem Solar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sharp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kyocera Solar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Solar Frontier
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solarworld
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NSP
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trina Solar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Canadian Solar
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinko Solar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JA Solar
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. GCL System Integration
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yingli
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shunfeng
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ReneSola
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Risen
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Chint Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hareonsolar
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
