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Energy & Power Global HIT (Heterojunction) Solar Cell Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4508953
    • |
  • 25 July, 2023
    • |
  • Global
    • |
  • 102 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global HIT (Heterojunction) Solar Cell market size was valued at USD 1215 million in 2022 and is forecast to a readjusted size of USD 21910 million by 2029 with a CAGR of 51.2% during review period.
Heterojunction is one of the two advanced cell architectures the solar industry has been banking upon to improve the performance of today’s PV device. The current cell technology incumbent, PERC has hit its efficiency threshold, and even the large wafer trick that allowed it to generate more power is not exclusive to PERC anymore. Consequently, cell/module manufacturers have once again started focusing on high efficiency, and this is where HJT makes its presence felt. HJT, now on the radar of many PV manufacturers, has made significant progress in recent times. As a technology, HJT is a variant of passivated contacts, so is TOPCon. Both the technologies address the primary shortcoming of most of the cell technologies, i.e., recombination due to metallic contacts. This is achieved by electronically separating contacts from the absorber by inserting a wider band-gap layer. Where HJT differs from TOPCon, which is single sided, is that the said layer is inserted on both sides and the process itself is accomplished at a low temperature. HJT comes with a few more advantages such as a short production process with fewer steps, high bifaciality, better low-light performance and low degradation. Besides, HJT is anything but new, as the technology has been in production for over two decades.
Global key players of HIT (heterojunction) solar cell include Huasun, TW Solar, Canadian Solar, REC, Jinneng, etc. The top five players hold a share about 58%. North America is the largest market, has a share about 54%, followed by Europe and Asia, with share 25% and 16%, separately. In terms of product type, silver is the largest segment, accounting for approximately 97% of the market share. At the same time, in terms of downstream, residential use is the largest downstream sector, accounting for 85% of the market share.
The Global Info Research report includes an overview of the development of the HIT (Heterojunction) Solar Cell industry chain, the market status of PV Power Station (Silver-based, Copper-based), Commercial (Silver-based, Copper-based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of HIT (Heterojunction) Solar Cell.
Regionally, the report analyzes the HIT (Heterojunction) Solar Cell markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global HIT (Heterojunction) Solar Cell market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the HIT (Heterojunction) Solar Cell market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the HIT (Heterojunction) Solar Cell industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MW), revenue generated, and market share of different by Type (e.g., Silver-based, Copper-based).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the HIT (Heterojunction) Solar Cell market.
Regional Analysis: The report involves examining the HIT (Heterojunction) Solar Cell market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the HIT (Heterojunction) Solar Cell market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to HIT (Heterojunction) Solar Cell:
Company Analysis: Report covers individual HIT (Heterojunction) Solar Cell manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards HIT (Heterojunction) Solar Cell This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (PV Power Station, Commercial).
Technology Analysis: Report covers specific technologies relevant to HIT (Heterojunction) Solar Cell. It assesses the current state, advancements, and potential future developments in HIT (Heterojunction) Solar Cell areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the HIT (Heterojunction) Solar Cell market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
HIT (Heterojunction) Solar Cell market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Silver-based
Copper-based
Others
Market segment by Application
PV Power Station
Commercial
Residential
Major players covered
Panasonic
GS-Solar
REC
Jinneng
Huasun
Akcome
TW Solar
Canadian Solar
Risen Energy
Enel (3SUN)
Meyer Burger
Hevel
EcoSolifer
Heliene
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe HIT (Heterojunction) Solar Cell product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of HIT (Heterojunction) Solar Cell, with price, sales, revenue and global market share of HIT (Heterojunction) Solar Cell from 2018 to 2023.
Chapter 3, the HIT (Heterojunction) Solar Cell competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HIT (Heterojunction) Solar Cell breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and HIT (Heterojunction) Solar Cell market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of HIT (Heterojunction) Solar Cell.
Chapter 14 and 15, to describe HIT (Heterojunction) Solar Cell sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of HIT (Heterojunction) Solar Cell
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global HIT (Heterojunction) Solar Cell Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Silver-based
    • 1.3.3 Copper-based
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global HIT (Heterojunction) Solar Cell Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 PV Power Station
    • 1.4.3 Commercial
    • 1.4.4 Residential
  • 1.5 Global HIT (Heterojunction) Solar Cell Market Size & Forecast
    • 1.5.1 Global HIT (Heterojunction) Solar Cell Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global HIT (Heterojunction) Solar Cell Sales Quantity (2018-2029)
    • 1.5.3 Global HIT (Heterojunction) Solar Cell Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Panasonic
    • 2.1.1 Panasonic Details
    • 2.1.2 Panasonic Major Business
    • 2.1.3 Panasonic HIT (Heterojunction) Solar Cell Product and Services
    • 2.1.4 Panasonic HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Panasonic Recent Developments/Updates
  • 2.2 GS-Solar
    • 2.2.1 GS-Solar Details
    • 2.2.2 GS-Solar Major Business
    • 2.2.3 GS-Solar HIT (Heterojunction) Solar Cell Product and Services
    • 2.2.4 GS-Solar HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 GS-Solar Recent Developments/Updates
  • 2.3 REC
    • 2.3.1 REC Details
    • 2.3.2 REC Major Business
    • 2.3.3 REC HIT (Heterojunction) Solar Cell Product and Services
    • 2.3.4 REC HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 REC Recent Developments/Updates
  • 2.4 Jinneng
    • 2.4.1 Jinneng Details
    • 2.4.2 Jinneng Major Business
    • 2.4.3 Jinneng HIT (Heterojunction) Solar Cell Product and Services
    • 2.4.4 Jinneng HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Jinneng Recent Developments/Updates
  • 2.5 Huasun
    • 2.5.1 Huasun Details
    • 2.5.2 Huasun Major Business
    • 2.5.3 Huasun HIT (Heterojunction) Solar Cell Product and Services
    • 2.5.4 Huasun HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Huasun Recent Developments/Updates
  • 2.6 Akcome
    • 2.6.1 Akcome Details
    • 2.6.2 Akcome Major Business
    • 2.6.3 Akcome HIT (Heterojunction) Solar Cell Product and Services
    • 2.6.4 Akcome HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Akcome Recent Developments/Updates
  • 2.7 TW Solar
    • 2.7.1 TW Solar Details
    • 2.7.2 TW Solar Major Business
    • 2.7.3 TW Solar HIT (Heterojunction) Solar Cell Product and Services
    • 2.7.4 TW Solar HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 TW Solar Recent Developments/Updates
  • 2.8 Canadian Solar
    • 2.8.1 Canadian Solar Details
    • 2.8.2 Canadian Solar Major Business
    • 2.8.3 Canadian Solar HIT (Heterojunction) Solar Cell Product and Services
    • 2.8.4 Canadian Solar HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Canadian Solar Recent Developments/Updates
  • 2.9 Risen Energy
    • 2.9.1 Risen Energy Details
    • 2.9.2 Risen Energy Major Business
    • 2.9.3 Risen Energy HIT (Heterojunction) Solar Cell Product and Services
    • 2.9.4 Risen Energy HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Risen Energy Recent Developments/Updates
  • 2.10 Enel (3SUN)
    • 2.10.1 Enel (3SUN) Details
    • 2.10.2 Enel (3SUN) Major Business
    • 2.10.3 Enel (3SUN) HIT (Heterojunction) Solar Cell Product and Services
    • 2.10.4 Enel (3SUN) HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Enel (3SUN) Recent Developments/Updates
  • 2.11 Meyer Burger
    • 2.11.1 Meyer Burger Details
    • 2.11.2 Meyer Burger Major Business
    • 2.11.3 Meyer Burger HIT (Heterojunction) Solar Cell Product and Services
    • 2.11.4 Meyer Burger HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Meyer Burger Recent Developments/Updates
  • 2.12 Hevel
    • 2.12.1 Hevel Details
    • 2.12.2 Hevel Major Business
    • 2.12.3 Hevel HIT (Heterojunction) Solar Cell Product and Services
    • 2.12.4 Hevel HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Hevel Recent Developments/Updates
  • 2.13 EcoSolifer
    • 2.13.1 EcoSolifer Details
    • 2.13.2 EcoSolifer Major Business
    • 2.13.3 EcoSolifer HIT (Heterojunction) Solar Cell Product and Services
    • 2.13.4 EcoSolifer HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 EcoSolifer Recent Developments/Updates
  • 2.14 Heliene
    • 2.14.1 Heliene Details
    • 2.14.2 Heliene Major Business
    • 2.14.3 Heliene HIT (Heterojunction) Solar Cell Product and Services
    • 2.14.4 Heliene HIT (Heterojunction) Solar Cell Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Heliene Recent Developments/Updates

3 Competitive Environment: HIT (Heterojunction) Solar Cell by Manufacturer

  • 3.1 Global HIT (Heterojunction) Solar Cell Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global HIT (Heterojunction) Solar Cell Revenue by Manufacturer (2018-2023)
  • 3.3 Global HIT (Heterojunction) Solar Cell Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of HIT (Heterojunction) Solar Cell by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 HIT (Heterojunction) Solar Cell Manufacturer Market Share in 2022
    • 3.4.2 Top 6 HIT (Heterojunction) Solar Cell Manufacturer Market Share in 2022
  • 3.5 HIT (Heterojunction) Solar Cell Market: Overall Company Footprint Analysis
    • 3.5.1 HIT (Heterojunction) Solar Cell Market: Region Footprint
    • 3.5.2 HIT (Heterojunction) Solar Cell Market: Company Product Type Footprint
    • 3.5.3 HIT (Heterojunction) Solar Cell Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global HIT (Heterojunction) Solar Cell Market Size by Region
    • 4.1.1 Global HIT (Heterojunction) Solar Cell Sales Quantity by Region (2018-2029)
    • 4.1.2 Global HIT (Heterojunction) Solar Cell Consumption Value by Region (2018-2029)
    • 4.1.3 Global HIT (Heterojunction) Solar Cell Average Price by Region (2018-2029)
  • 4.2 North America HIT (Heterojunction) Solar Cell Consumption Value (2018-2029)
  • 4.3 Europe HIT (Heterojunction) Solar Cell Consumption Value (2018-2029)
  • 4.4 Asia-Pacific HIT (Heterojunction) Solar Cell Consumption Value (2018-2029)
  • 4.5 South America HIT (Heterojunction) Solar Cell Consumption Value (2018-2029)
  • 4.6 Middle East and Africa HIT (Heterojunction) Solar Cell Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 5.2 Global HIT (Heterojunction) Solar Cell Consumption Value by Type (2018-2029)
  • 5.3 Global HIT (Heterojunction) Solar Cell Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 6.2 Global HIT (Heterojunction) Solar Cell Consumption Value by Application (2018-2029)
  • 6.3 Global HIT (Heterojunction) Solar Cell Average Price by Application (2018-2029)

7 North America

  • 7.1 North America HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 7.2 North America HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 7.3 North America HIT (Heterojunction) Solar Cell Market Size by Country
    • 7.3.1 North America HIT (Heterojunction) Solar Cell Sales Quantity by Country (2018-2029)
    • 7.3.2 North America HIT (Heterojunction) Solar Cell Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 8.2 Europe HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 8.3 Europe HIT (Heterojunction) Solar Cell Market Size by Country
    • 8.3.1 Europe HIT (Heterojunction) Solar Cell Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe HIT (Heterojunction) Solar Cell Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific HIT (Heterojunction) Solar Cell Market Size by Region
    • 9.3.1 Asia-Pacific HIT (Heterojunction) Solar Cell Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific HIT (Heterojunction) Solar Cell Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 10.2 South America HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 10.3 South America HIT (Heterojunction) Solar Cell Market Size by Country
    • 10.3.1 South America HIT (Heterojunction) Solar Cell Sales Quantity by Country (2018-2029)
    • 10.3.2 South America HIT (Heterojunction) Solar Cell Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa HIT (Heterojunction) Solar Cell Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa HIT (Heterojunction) Solar Cell Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa HIT (Heterojunction) Solar Cell Market Size by Country
    • 11.3.1 Middle East & Africa HIT (Heterojunction) Solar Cell Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa HIT (Heterojunction) Solar Cell Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 HIT (Heterojunction) Solar Cell Market Drivers
  • 12.2 HIT (Heterojunction) Solar Cell Market Restraints
  • 12.3 HIT (Heterojunction) Solar Cell Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of HIT (Heterojunction) Solar Cell and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of HIT (Heterojunction) Solar Cell
  • 13.3 HIT (Heterojunction) Solar Cell Production Process
  • 13.4 HIT (Heterojunction) Solar Cell Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 HIT (Heterojunction) Solar Cell Typical Distributors
  • 14.3 HIT (Heterojunction) Solar Cell Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on HIT (Heterojunction) Solar Cell. Industry analysis & Market Report on HIT (Heterojunction) Solar Cell is a syndicated market report, published as Global HIT (Heterojunction) Solar Cell Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of HIT (Heterojunction) Solar Cell market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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