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Global Photovoltaics Modules Market Research Report 2025
Synopsis
Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.
Photovoltaics Modules use light energy from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most Photovoltaics Modules are rigid, but semi-flexible ones are available, based on thin-film cells.
The global Photovoltaics Modules market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
In Japan, Photovoltaics Modules key players include Sharp, Trina Solar, Yingli, JA Solar, Canadian Solar, etc. The top five manufacturers hold a share over 40%.
In terms of product, Single Crystal Silicon is the largest segment, with a share over 45%. And in terms of application, the largest application is Ground Mount, followed by Residential, Commercial, etc.
This report aims to provide a comprehensive presentation of the global market for Photovoltaics Modules, 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 Photovoltaics Modules.
Report Scope
The Photovoltaics Modules 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 Photovoltaics Modules 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 Photovoltaics Modules 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
Sharp
JA Solar
Yingli
Trina Solar
Canadian Solar
Kyocera Solar
Solar Frontier
SFCE
ReneSola
Hanwha Solar
REC Group
First Solar
SunPower
Jinko Solar
Segment by Type
Single Crystal Silicon
Polycrystalline Silicon
Others
Segment by Application
Residential
Commercial
Ground Mount
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Photovoltaics Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Photovoltaics Modules 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 Photovoltaics Modules 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.
Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.
Photovoltaics Modules use light energy from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most Photovoltaics Modules are rigid, but semi-flexible ones are available, based on thin-film cells.
The global Photovoltaics Modules market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
In Japan, Photovoltaics Modules key players include Sharp, Trina Solar, Yingli, JA Solar, Canadian Solar, etc. The top five manufacturers hold a share over 40%.
In terms of product, Single Crystal Silicon is the largest segment, with a share over 45%. And in terms of application, the largest application is Ground Mount, followed by Residential, Commercial, etc.
This report aims to provide a comprehensive presentation of the global market for Photovoltaics Modules, 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 Photovoltaics Modules.
Report Scope
The Photovoltaics Modules 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 Photovoltaics Modules 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 Photovoltaics Modules 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
Sharp
JA Solar
Yingli
Trina Solar
Canadian Solar
Kyocera Solar
Solar Frontier
SFCE
ReneSola
Hanwha Solar
REC Group
First Solar
SunPower
Jinko Solar
Segment by Type
Single Crystal Silicon
Polycrystalline Silicon
Others
Segment by Application
Residential
Commercial
Ground Mount
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Photovoltaics Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Photovoltaics Modules 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 Photovoltaics Modules 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.
Index1 Photovoltaics Modules Market Overview
1.1 Product Definition
1.2 Photovoltaics Modules Segment by Type
1.2.1 Global Photovoltaics Modules Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Crystal Silicon
1.2.3 Polycrystalline Silicon
1.2.4 Others
1.3 Photovoltaics Modules Segment by Application
1.3.1 Global Photovoltaics Modules Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Ground Mount
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Photovoltaics Modules Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Photovoltaics Modules Production Estimates and Forecasts (2019-2030)
1.4.4 Global Photovoltaics Modules Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Photovoltaics Modules Production Market Share by Manufacturers (2019-2024)
2.2 Global Photovoltaics Modules Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Photovoltaics Modules, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Photovoltaics Modules Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Photovoltaics Modules Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Photovoltaics Modules, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Photovoltaics Modules, Product Offered and Application
2.8 Global Key Manufacturers of Photovoltaics Modules, Date of Enter into This Industry
2.9 Photovoltaics Modules Market Competitive Situation and Trends
2.9.1 Photovoltaics Modules Market Concentration Rate
2.9.2 Global 5 and 10 Largest Photovoltaics Modules Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Photovoltaics Modules Production by Region
3.1 Global Photovoltaics Modules Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Photovoltaics Modules Production Value by Region (2019-2030)
3.2.1 Global Photovoltaics Modules Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Photovoltaics Modules by Region (2025-2030)
3.3 Global Photovoltaics Modules Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Photovoltaics Modules Production by Region (2019-2030)
3.4.1 Global Photovoltaics Modules Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Photovoltaics Modules by Region (2025-2030)
3.5 Global Photovoltaics Modules Market Price Analysis by Region (2019-2024)
3.6 Global Photovoltaics Modules Production and Value, Year-over-Year Growth
3.6.1 North America Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Photovoltaics Modules Production Value Estimates and Forecasts (2019-2030)
4 Photovoltaics Modules Consumption by Region
4.1 Global Photovoltaics Modules Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Photovoltaics Modules Consumption by Region (2019-2030)
4.2.1 Global Photovoltaics Modules Consumption by Region (2019-2024)
4.2.2 Global Photovoltaics Modules Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Photovoltaics Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Photovoltaics Modules Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Photovoltaics Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Photovoltaics Modules 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 Photovoltaics Modules Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Photovoltaics Modules 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 Photovoltaics Modules Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Photovoltaics Modules Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Photovoltaics Modules Production by Type (2019-2030)
5.1.1 Global Photovoltaics Modules Production by Type (2019-2024)
5.1.2 Global Photovoltaics Modules Production by Type (2025-2030)
5.1.3 Global Photovoltaics Modules Production Market Share by Type (2019-2030)
5.2 Global Photovoltaics Modules Production Value by Type (2019-2030)
5.2.1 Global Photovoltaics Modules Production Value by Type (2019-2024)
5.2.2 Global Photovoltaics Modules Production Value by Type (2025-2030)
5.2.3 Global Photovoltaics Modules Production Value Market Share by Type (2019-2030)
5.3 Global Photovoltaics Modules Price by Type (2019-2030)
6 Segment by Application
6.1 Global Photovoltaics Modules Production by Application (2019-2030)
6.1.1 Global Photovoltaics Modules Production by Application (2019-2024)
6.1.2 Global Photovoltaics Modules Production by Application (2025-2030)
6.1.3 Global Photovoltaics Modules Production Market Share by Application (2019-2030)
6.2 Global Photovoltaics Modules Production Value by Application (2019-2030)
6.2.1 Global Photovoltaics Modules Production Value by Application (2019-2024)
6.2.2 Global Photovoltaics Modules Production Value by Application (2025-2030)
6.2.3 Global Photovoltaics Modules Production Value Market Share by Application (2019-2030)
6.3 Global Photovoltaics Modules Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Sharp
7.1.1 Sharp Photovoltaics Modules Corporation Information
7.1.2 Sharp Photovoltaics Modules Product Portfolio
7.1.3 Sharp Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Sharp Main Business and Markets Served
7.1.5 Sharp Recent Developments/Updates
7.2 JA Solar
7.2.1 JA Solar Photovoltaics Modules Corporation Information
7.2.2 JA Solar Photovoltaics Modules Product Portfolio
7.2.3 JA Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.2.4 JA Solar Main Business and Markets Served
7.2.5 JA Solar Recent Developments/Updates
7.3 Yingli
7.3.1 Yingli Photovoltaics Modules Corporation Information
7.3.2 Yingli Photovoltaics Modules Product Portfolio
7.3.3 Yingli Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Yingli Main Business and Markets Served
7.3.5 Yingli Recent Developments/Updates
7.4 Trina Solar
7.4.1 Trina Solar Photovoltaics Modules Corporation Information
7.4.2 Trina Solar Photovoltaics Modules Product Portfolio
7.4.3 Trina Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Trina Solar Main Business and Markets Served
7.4.5 Trina Solar Recent Developments/Updates
7.5 Canadian Solar
7.5.1 Canadian Solar Photovoltaics Modules Corporation Information
7.5.2 Canadian Solar Photovoltaics Modules Product Portfolio
7.5.3 Canadian Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Canadian Solar Main Business and Markets Served
7.5.5 Canadian Solar Recent Developments/Updates
7.6 Kyocera Solar
7.6.1 Kyocera Solar Photovoltaics Modules Corporation Information
7.6.2 Kyocera Solar Photovoltaics Modules Product Portfolio
7.6.3 Kyocera Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Kyocera Solar Main Business and Markets Served
7.6.5 Kyocera Solar Recent Developments/Updates
7.7 Solar Frontier
7.7.1 Solar Frontier Photovoltaics Modules Corporation Information
7.7.2 Solar Frontier Photovoltaics Modules Product Portfolio
7.7.3 Solar Frontier Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Solar Frontier Main Business and Markets Served
7.7.5 Solar Frontier Recent Developments/Updates
7.8 SFCE
7.8.1 SFCE Photovoltaics Modules Corporation Information
7.8.2 SFCE Photovoltaics Modules Product Portfolio
7.8.3 SFCE Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SFCE Main Business and Markets Served
7.7.5 SFCE Recent Developments/Updates
7.9 ReneSola
7.9.1 ReneSola Photovoltaics Modules Corporation Information
7.9.2 ReneSola Photovoltaics Modules Product Portfolio
7.9.3 ReneSola Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.9.4 ReneSola Main Business and Markets Served
7.9.5 ReneSola Recent Developments/Updates
7.10 Hanwha Solar
7.10.1 Hanwha Solar Photovoltaics Modules Corporation Information
7.10.2 Hanwha Solar Photovoltaics Modules Product Portfolio
7.10.3 Hanwha Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hanwha Solar Main Business and Markets Served
7.10.5 Hanwha Solar Recent Developments/Updates
7.11 REC Group
7.11.1 REC Group Photovoltaics Modules Corporation Information
7.11.2 REC Group Photovoltaics Modules Product Portfolio
7.11.3 REC Group Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.11.4 REC Group Main Business and Markets Served
7.11.5 REC Group Recent Developments/Updates
7.12 First Solar
7.12.1 First Solar Photovoltaics Modules Corporation Information
7.12.2 First Solar Photovoltaics Modules Product Portfolio
7.12.3 First Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.12.4 First Solar Main Business and Markets Served
7.12.5 First Solar Recent Developments/Updates
7.13 SunPower
7.13.1 SunPower Photovoltaics Modules Corporation Information
7.13.2 SunPower Photovoltaics Modules Product Portfolio
7.13.3 SunPower Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.13.4 SunPower Main Business and Markets Served
7.13.5 SunPower Recent Developments/Updates
7.14 Jinko Solar
7.14.1 Jinko Solar Photovoltaics Modules Corporation Information
7.14.2 Jinko Solar Photovoltaics Modules Product Portfolio
7.14.3 Jinko Solar Photovoltaics Modules Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Jinko Solar Main Business and Markets Served
7.14.5 Jinko Solar Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Photovoltaics Modules Industry Chain Analysis
8.2 Photovoltaics Modules Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Photovoltaics Modules Production Mode & Process
8.4 Photovoltaics Modules Sales and Marketing
8.4.1 Photovoltaics Modules Sales Channels
8.4.2 Photovoltaics Modules Distributors
8.5 Photovoltaics Modules Customers
9 Photovoltaics Modules Market Dynamics
9.1 Photovoltaics Modules Industry Trends
9.2 Photovoltaics Modules Market Drivers
9.3 Photovoltaics Modules Market Challenges
9.4 Photovoltaics Modules 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
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