Solar Cell (Photovoltaic) Equipment Market Report – Research, Industry Analysis Reports and Market Demands

Global Solar Cell (Photovoltaic) Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Solar Cell (Photovoltaic) Equipment Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Single Crystal Silicon
- 1.3.3 Polycrystalline Silicon
- 1.3.4 Others
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Solar Cell (Photovoltaic) Equipment Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Residential
- 1.4.3 Commercial
- 1.4.4 Ground Station
- 1.4.5 Others
1.5 Global Solar Cell (Photovoltaic) Equipment Market Size & Forecast
- 1.5.1 Global Solar Cell (Photovoltaic) Equipment Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Solar Cell (Photovoltaic) Equipment Sales Quantity (2020-2031)
- 1.5.3 Global Solar Cell (Photovoltaic) Equipment Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Solar Cell (Photovoltaic) Equipment by Manufacturer

3.1 Global Solar Cell (Photovoltaic) Equipment Sales Quantity by Manufacturer (2020-2025)
3.2 Global Solar Cell (Photovoltaic) Equipment Revenue by Manufacturer (2020-2025)
3.3 Global Solar Cell (Photovoltaic) Equipment Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Solar Cell (Photovoltaic) Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Solar Cell (Photovoltaic) Equipment Manufacturer Market Share in 2024
- 3.4.3 Top 6 Solar Cell (Photovoltaic) Equipment Manufacturer Market Share in 2024
3.5 Solar Cell (Photovoltaic) Equipment Market: Overall Company Footprint Analysis
- 3.5.1 Solar Cell (Photovoltaic) Equipment Market: Region Footprint
- 3.5.2 Solar Cell (Photovoltaic) Equipment Market: Company Product Type Footprint
- 3.5.3 Solar Cell (Photovoltaic) Equipment 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 Solar Cell (Photovoltaic) Equipment Market Size by Region
- 4.1.1 Global Solar Cell (Photovoltaic) Equipment Sales Quantity by Region (2020-2031)
- 4.1.2 Global Solar Cell (Photovoltaic) Equipment Consumption Value by Region (2020-2031)
- 4.1.3 Global Solar Cell (Photovoltaic) Equipment Average Price by Region (2020-2031)
4.2 North America Solar Cell (Photovoltaic) Equipment Consumption Value (2020-2031)
4.3 Europe Solar Cell (Photovoltaic) Equipment Consumption Value (2020-2031)
4.4 Asia-Pacific Solar Cell (Photovoltaic) Equipment Consumption Value (2020-2031)
4.5 South America Solar Cell (Photovoltaic) Equipment Consumption Value (2020-2031)
4.6 Middle East & Africa Solar Cell (Photovoltaic) Equipment Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
5.2 Global Solar Cell (Photovoltaic) Equipment Consumption Value by Type (2020-2031)
5.3 Global Solar Cell (Photovoltaic) Equipment Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
6.2 Global Solar Cell (Photovoltaic) Equipment Consumption Value by Application (2020-2031)
6.3 Global Solar Cell (Photovoltaic) Equipment Average Price by Application (2020-2031)

7 North America

7.1 North America Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
7.2 North America Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
7.3 North America Solar Cell (Photovoltaic) Equipment Market Size by Country
- 7.3.1 North America Solar Cell (Photovoltaic) Equipment Sales Quantity by Country (2020-2031)
- 7.3.2 North America Solar Cell (Photovoltaic) Equipment Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
8.2 Europe Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
8.3 Europe Solar Cell (Photovoltaic) Equipment Market Size by Country
- 8.3.1 Europe Solar Cell (Photovoltaic) Equipment Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Solar Cell (Photovoltaic) Equipment Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Solar Cell (Photovoltaic) Equipment Market Size by Region
- 9.3.1 Asia-Pacific Solar Cell (Photovoltaic) Equipment Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Solar Cell (Photovoltaic) Equipment Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
10.2 South America Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
10.3 South America Solar Cell (Photovoltaic) Equipment Market Size by Country
- 10.3.1 South America Solar Cell (Photovoltaic) Equipment Sales Quantity by Country (2020-2031)
- 10.3.2 South America Solar Cell (Photovoltaic) Equipment Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Solar Cell (Photovoltaic) Equipment Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Solar Cell (Photovoltaic) Equipment Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Solar Cell (Photovoltaic) Equipment Market Size by Country
- 11.3.1 Middle East & Africa Solar Cell (Photovoltaic) Equipment Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Solar Cell (Photovoltaic) Equipment Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Solar Cell (Photovoltaic) Equipment Market Drivers
12.2 Solar Cell (Photovoltaic) Equipment Market Restraints
12.3 Solar Cell (Photovoltaic) Equipment 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

13 Raw Material and Industry Chain

13.1 Raw Material of Solar Cell (Photovoltaic) Equipment and Key Manufacturers
13.2 Manufacturing Costs Percentage of Solar Cell (Photovoltaic) Equipment
13.3 Solar Cell (Photovoltaic) Equipment Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Solar Cell (Photovoltaic) Equipment Typical Distributors
14.3 Solar Cell (Photovoltaic) Equipment Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Solar Cell (Photovoltaic) Equipment market size was valued at US$ 47730 million in 2024 and is forecast to a readjusted size of USD 59440 million by 2031 with a CAGR of 3.2% during review period.
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.
Solar Cell (Photovoltaic) Equipment mainly refers to the solar module in photovoltaic industry. Solar module employs light energy (photons) from the sun to generate electricity through the photovoltaic effect. Most of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride (CdTe) or copper indium gallium selenide (CIGS). 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 solar modules are rigid, but semi-flexible ones are available, based on thin-film cells.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume. This report mainly covers the Solar Modules product type (Single Crystal Silicon, Polycrystalline Silicon and Other).
China is the largest Solar Cell (Photovoltaic) Equipment market with about 26% market share. Japan is follower, accounting for about 17% market share.
The key players 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 etc. Top 3 companies occupied about 24% market share.
This report is a detailed and comprehensive analysis for global Solar Cell (Photovoltaic) Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Solar Cell (Photovoltaic) Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Solar Cell (Photovoltaic) Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Solar Cell (Photovoltaic) Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Solar Cell (Photovoltaic) Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Cell (Photovoltaic) Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Cell (Photovoltaic) Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyocera Solar, Solar Frontier, Solarworld, NSP, Trina Solar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solar Cell (Photovoltaic) Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Crystal Silicon
Polycrystalline Silicon
Others
Market segment by Application
Residential
Commercial
Ground Station
Others
Major players covered
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
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 Solar Cell (Photovoltaic) Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Cell (Photovoltaic) Equipment, with price, sales quantity, revenue, and global market share of Solar Cell (Photovoltaic) Equipment from 2020 to 2025.
Chapter 3, the Solar Cell (Photovoltaic) Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Cell (Photovoltaic) Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
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 2020 to 2025.and Solar Cell (Photovoltaic) Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Cell (Photovoltaic) Equipment.
Chapter 14 and 15, to describe Solar Cell (Photovoltaic) Equipment sales channel, distributors, customers, research findings and conclusion.

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