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Synopsis
Photovoltaic (PV) systems are used to convert sunlight into electricity. They are safe, reliable, incur less operating costs, and are easy to install.
The global Photovoltaic market was valued at US$ 50920 million in 2023 and is anticipated to reach US$ 188980 million by 2030, witnessing a CAGR of 20.1% during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.53 GW.
This report aims to provide a comprehensive presentation of the global market for Photovoltaic, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photovoltaic.
Report Scope
The Photovoltaic market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Photovoltaic market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Photovoltaic manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Kaneka
- Kyocera
- Mitsubishi Electric
- Panasonic
- Sharp
- Ja Solar
- Jinko Solar
- Renesola
- Suntech Power
- Trina Solar
- Yingli Solar
- Canadian Solar
Segment by Type
- Thin Film
- Mono Si
- Multi Si
Segment by Application
- Industrial
- Residential
- Commercial
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Photovoltaic manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Photovoltaic by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Photovoltaic in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Photovoltaic Market Overview
1.1 Product Definition
1.2 Photovoltaic Segment by Type
1.2.1 Global Photovoltaic Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Thin Film
1.2.3 Mono Si
1.2.4 Multi Si
1.3 Photovoltaic Segment by Application
1.3.1 Global Photovoltaic Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Residential
1.3.4 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Photovoltaic Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Photovoltaic Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Photovoltaic Production Estimates and Forecasts (2019-2030)
1.4.4 Global Photovoltaic Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Photovoltaic Production Market Share by Manufacturers (2019-2024)
2.2 Global Photovoltaic Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Photovoltaic, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Photovoltaic Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Photovoltaic Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Photovoltaic, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Photovoltaic, Product Offered and Application
2.8 Global Key Manufacturers of Photovoltaic, Date of Enter into This Industry
2.9 Photovoltaic Market Competitive Situation and Trends
2.9.1 Photovoltaic Market Concentration Rate
2.9.2 Global 5 and 10 Largest Photovoltaic Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Photovoltaic Production by Region
3.1 Global Photovoltaic Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Photovoltaic Production Value by Region (2019-2030)
3.2.1 Global Photovoltaic Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Photovoltaic by Region (2025-2030)
3.3 Global Photovoltaic Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Photovoltaic Production by Region (2019-2030)
3.4.1 Global Photovoltaic Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Photovoltaic by Region (2025-2030)
3.5 Global Photovoltaic Market Price Analysis by Region (2019-2024)
3.6 Global Photovoltaic Production and Value, Year-over-Year Growth
3.6.1 North America Photovoltaic Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Photovoltaic Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Photovoltaic Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Photovoltaic Production Value Estimates and Forecasts (2019-2030)
4 Photovoltaic Consumption by Region
4.1 Global Photovoltaic Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Photovoltaic Consumption by Region (2019-2030)
4.2.1 Global Photovoltaic Consumption by Region (2019-2024)
4.2.2 Global Photovoltaic Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Photovoltaic Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Photovoltaic Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Photovoltaic Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Photovoltaic Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Photovoltaic Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Photovoltaic Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Photovoltaic Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Photovoltaic Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Photovoltaic Production by Type (2019-2030)
5.1.1 Global Photovoltaic Production by Type (2019-2024)
5.1.2 Global Photovoltaic Production by Type (2025-2030)
5.1.3 Global Photovoltaic Production Market Share by Type (2019-2030)
5.2 Global Photovoltaic Production Value by Type (2019-2030)
5.2.1 Global Photovoltaic Production Value by Type (2019-2024)
5.2.2 Global Photovoltaic Production Value by Type (2025-2030)
5.2.3 Global Photovoltaic Production Value Market Share by Type (2019-2030)
5.3 Global Photovoltaic Price by Type (2019-2030)
6 Segment by Application
6.1 Global Photovoltaic Production by Application (2019-2030)
6.1.1 Global Photovoltaic Production by Application (2019-2024)
6.1.2 Global Photovoltaic Production by Application (2025-2030)
6.1.3 Global Photovoltaic Production Market Share by Application (2019-2030)
6.2 Global Photovoltaic Production Value by Application (2019-2030)
6.2.1 Global Photovoltaic Production Value by Application (2019-2024)
6.2.2 Global Photovoltaic Production Value by Application (2025-2030)
6.2.3 Global Photovoltaic Production Value Market Share by Application (2019-2030)
6.3 Global Photovoltaic Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Kaneka
7.1.1 Kaneka Photovoltaic Corporation Information
7.1.2 Kaneka Photovoltaic Product Portfolio
7.1.3 Kaneka Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Kaneka Main Business and Markets Served
7.1.5 Kaneka Recent Developments/Updates
7.2 Kyocera
7.2.1 Kyocera Photovoltaic Corporation Information
7.2.2 Kyocera Photovoltaic Product Portfolio
7.2.3 Kyocera Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Kyocera Main Business and Markets Served
7.2.5 Kyocera Recent Developments/Updates
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric Photovoltaic Corporation Information
7.3.2 Mitsubishi Electric Photovoltaic Product Portfolio
7.3.3 Mitsubishi Electric Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric Main Business and Markets Served
7.3.5 Mitsubishi Electric Recent Developments/Updates
7.4 Panasonic
7.4.1 Panasonic Photovoltaic Corporation Information
7.4.2 Panasonic Photovoltaic Product Portfolio
7.4.3 Panasonic Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Panasonic Main Business and Markets Served
7.4.5 Panasonic Recent Developments/Updates
7.5 Sharp
7.5.1 Sharp Photovoltaic Corporation Information
7.5.2 Sharp Photovoltaic Product Portfolio
7.5.3 Sharp Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sharp Main Business and Markets Served
7.5.5 Sharp Recent Developments/Updates
7.6 Ja Solar
7.6.1 Ja Solar Photovoltaic Corporation Information
7.6.2 Ja Solar Photovoltaic Product Portfolio
7.6.3 Ja Solar Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Ja Solar Main Business and Markets Served
7.6.5 Ja Solar Recent Developments/Updates
7.7 Jinko Solar
7.7.1 Jinko Solar Photovoltaic Corporation Information
7.7.2 Jinko Solar Photovoltaic Product Portfolio
7.7.3 Jinko Solar Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Jinko Solar Main Business and Markets Served
7.7.5 Jinko Solar Recent Developments/Updates
7.8 Renesola
7.8.1 Renesola Photovoltaic Corporation Information
7.8.2 Renesola Photovoltaic Product Portfolio
7.8.3 Renesola Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Renesola Main Business and Markets Served
7.7.5 Renesola Recent Developments/Updates
7.9 Suntech Power
7.9.1 Suntech Power Photovoltaic Corporation Information
7.9.2 Suntech Power Photovoltaic Product Portfolio
7.9.3 Suntech Power Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Suntech Power Main Business and Markets Served
7.9.5 Suntech Power Recent Developments/Updates
7.10 Trina Solar
7.10.1 Trina Solar Photovoltaic Corporation Information
7.10.2 Trina Solar Photovoltaic Product Portfolio
7.10.3 Trina Solar Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Trina Solar Main Business and Markets Served
7.10.5 Trina Solar Recent Developments/Updates
7.11 Yingli Solar
7.11.1 Yingli Solar Photovoltaic Corporation Information
7.11.2 Yingli Solar Photovoltaic Product Portfolio
7.11.3 Yingli Solar Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Yingli Solar Main Business and Markets Served
7.11.5 Yingli Solar Recent Developments/Updates
7.12 Canadian Solar
7.12.1 Canadian Solar Photovoltaic Corporation Information
7.12.2 Canadian Solar Photovoltaic Product Portfolio
7.12.3 Canadian Solar Photovoltaic Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Canadian Solar Main Business and Markets Served
7.12.5 Canadian Solar Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Photovoltaic Industry Chain Analysis
8.2 Photovoltaic Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Photovoltaic Production Mode & Process
8.4 Photovoltaic Sales and Marketing
8.4.1 Photovoltaic Sales Channels
8.4.2 Photovoltaic Distributors
8.5 Photovoltaic Customers
9 Photovoltaic Market Dynamics
9.1 Photovoltaic Industry Trends
9.2 Photovoltaic Market Drivers
9.3 Photovoltaic Market Challenges
9.4 Photovoltaic Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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