The global solar PV modules market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for renewable energy and government initiatives for promoting renewable energy sources. The market is also driven by the need for reducing carbon emissions and increasing power generation capacity in developing countries. Crystalline silicon PV modules are expected to dominate the global solar PV modules market during the forecast period, owing to their high efficiency levels and low cost of production. Thin film PV modules are expected to witness significant growth in demand due to their lower manufacturing costs and higher efficiency levels than crystalline silicon PV modules.
Some Of The Growth Factors Of This Market:
- The cost of solar PV modules has decreased significantly in recent years, which has led to an increase in the number of installations.
- The cost of solar PV modules is expected to continue decreasing as the technology improves and production increases.
- Solar PV module prices are expected to continue decreasing as the technology improves and production increases.
Industry Growth Insights published a new data on “Solar PV Modules Market”. The research report is titled “Solar PV Modules Market research by Types (Crystalline Silicon PV Modules, Thin Film PV Modules), By Applications (Office Building, Gym, Power Plants, Other), By Players/Companies 3Sun Srl, Astronergy, BYD, Canadian Solar, Changzhou EGing Photovoltaic Technology, China Sunergy, Conergy, EGing Photovoltaic Technology, ET Solar Group, First Solar, GCL System Integration Technology, GCL-Poly Energy Holdings, Hanergy Solar Group, Hanergy Thin Film Power Group, Hareon Solar Technology”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar PV Modules Market Research Report
By Type
Crystalline Silicon PV Modules, Thin Film PV Modules
By Application
Office Building, Gym, Power Plants, Other
By Companies
3Sun Srl, Astronergy, BYD, Canadian Solar, Changzhou EGing Photovoltaic Technology, China Sunergy, Conergy, EGing Photovoltaic Technology, ET Solar Group, First Solar, GCL System Integration Technology, GCL-Poly Energy Holdings, Hanergy Solar Group, Hanergy Thin Film Power Group, Hareon Solar Technology
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Solar PV Modules Market Report Segments:
The global Solar PV Modules market is segmented on the basis of:
Types
Crystalline Silicon PV Modules, Thin Film PV Modules
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
Office Building, Gym, Power Plants, Other
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:
- 3Sun Srl
- Astronergy
- BYD
- Canadian Solar
- Changzhou EGing Photovoltaic Technology
- China Sunergy
- Conergy
- EGing Photovoltaic Technology
- ET Solar Group
- First Solar
- GCL System Integration Technology
- GCL-Poly Energy Holdings
- Hanergy Solar Group
- Hanergy Thin Film Power Group
- Hareon Solar Technology
Highlights of The Solar PV Modules 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:
- Crystalline Silicon PV Modules
- Thin Film PV Modules
- By Application:
- Office Building
- Gym
- Power Plants
- Other
- 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 PV Modules 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 solar PV module is a component of a solar power system. Solar PV modules convert sunlight into electrical energy by using semiconductor materials to create an electric field that attracts electrons from the sun.
Some of the major companies in the solar pv modules market are 3Sun Srl, Astronergy, BYD, Canadian Solar, Changzhou EGing Photovoltaic Technology, China Sunergy, Conergy, EGing Photovoltaic Technology, ET Solar Group, First Solar, GCL System Integration Technology, GCL-Poly Energy Holdings, Hanergy Solar Group, Hanergy Thin Film Power Group, Hareon Solar Technology.
The solar pv modules market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar PV Modules 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 PV Modules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar PV Modules Market - Supply Chain
4.5. Global Solar PV Modules Market Forecast
4.5.1. Solar PV Modules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar PV Modules Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar PV Modules Market Absolute $ Opportunity
5. Global Solar PV Modules 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 PV Modules Market Size and Volume Forecast by Type
5.3.1. Crystalline Silicon PV Modules
5.3.2. Thin Film PV Modules
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar PV Modules 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 PV Modules Market Size and Volume Forecast by Application
6.3.1. Office Building
6.3.2. Gym
6.3.3. Power Plants
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar PV Modules 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 PV Modules 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 PV Modules 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 PV Modules 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 PV Modules Demand Share Forecast, 2019-2026
9. North America Solar PV Modules 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 PV Modules 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 PV Modules Market Size and Volume Forecast by Application
9.4.1. Office Building
9.4.2. Gym
9.4.3. Power Plants
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar PV Modules Market Size and Volume Forecast by Type
9.7.1. Crystalline Silicon PV Modules
9.7.2. Thin Film PV Modules
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 PV Modules Demand Share Forecast, 2019-2026
10. Latin America Solar PV Modules 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 PV Modules 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 PV Modules Market Size and Volume Forecast by Application
10.4.1. Office Building
10.4.2. Gym
10.4.3. Power Plants
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar PV Modules Market Size and Volume Forecast by Type
10.7.1. Crystalline Silicon PV Modules
10.7.2. Thin Film PV Modules
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 PV Modules Demand Share Forecast, 2019-2026
11. Europe Solar PV Modules 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 PV Modules 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 PV Modules Market Size and Volume Forecast by Application
11.4.1. Office Building
11.4.2. Gym
11.4.3. Power Plants
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar PV Modules Market Size and Volume Forecast by Type
11.7.1. Crystalline Silicon PV Modules
11.7.2. Thin Film PV Modules
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 PV Modules Demand Share, 2019-2026
12. Asia Pacific Solar PV Modules 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 PV Modules 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 PV Modules Market Size and Volume Forecast by Application
12.4.1. Office Building
12.4.2. Gym
12.4.3. Power Plants
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar PV Modules Market Size and Volume Forecast by Type
12.7.1. Crystalline Silicon PV Modules
12.7.2. Thin Film PV Modules
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 PV Modules Demand Share, 2019-2026
13. Middle East & Africa Solar PV Modules 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 PV Modules 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 PV Modules Market Size and Volume Forecast by Application
13.4.1. Office Building
13.4.2. Gym
13.4.3. Power Plants
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar PV Modules Market Size and Volume Forecast by Type
13.7.1. Crystalline Silicon PV Modules
13.7.2. Thin Film PV Modules
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 PV Modules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar PV Modules Market: Market Share Analysis
14.2. Solar PV Modules Distributors and Customers
14.3. Solar PV Modules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3Sun Srl
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Astronergy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BYD
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Canadian 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. Changzhou EGing Photovoltaic Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. China Sunergy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Conergy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EGing Photovoltaic Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ET Solar Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. First 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. GCL System Integration Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GCL-Poly Energy Holdings
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hanergy Solar Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hanergy Thin Film Power Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hareon Solar Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook