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Global Solar Cells and Modules Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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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 Cells and Modules Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Mono-Si Modules
    • 1.3.3 Multi-Si Modules
    • 1.3.4 CdTe Modules
    • 1.3.5 CIGS Modules
    • 1.3.6 A-Si Modules
    • 1.3.7 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Solar Cells and Modules Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 PV Power Station
    • 1.4.3 Commercial
    • 1.4.4 Residential
    • 1.4.5 Others
  • 1.5 Global Solar Cells and Modules Market Size & Forecast
    • 1.5.1 Global Solar Cells and Modules Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Solar Cells and Modules Sales Quantity (2020-2031)
    • 1.5.3 Global Solar Cells and Modules Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 JinkoSolar
    • 2.1.1 JinkoSolar Details
    • 2.1.2 JinkoSolar Major Business
    • 2.1.3 JinkoSolar Solar Cells and Modules Product and Services
    • 2.1.4 JinkoSolar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 JinkoSolar Recent Developments/Updates
  • 2.2 LONGi
    • 2.2.1 LONGi Details
    • 2.2.2 LONGi Major Business
    • 2.2.3 LONGi Solar Cells and Modules Product and Services
    • 2.2.4 LONGi Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 LONGi Recent Developments/Updates
  • 2.3 JA Solar
    • 2.3.1 JA Solar Details
    • 2.3.2 JA Solar Major Business
    • 2.3.3 JA Solar Solar Cells and Modules Product and Services
    • 2.3.4 JA Solar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 JA Solar Recent Developments/Updates
  • 2.4 First Solar
    • 2.4.1 First Solar Details
    • 2.4.2 First Solar Major Business
    • 2.4.3 First Solar Solar Cells and Modules Product and Services
    • 2.4.4 First Solar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 First Solar Recent Developments/Updates
  • 2.5 Canadian Solar
    • 2.5.1 Canadian Solar Details
    • 2.5.2 Canadian Solar Major Business
    • 2.5.3 Canadian Solar Solar Cells and Modules Product and Services
    • 2.5.4 Canadian Solar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Canadian Solar Recent Developments/Updates
  • 2.6 Trina Solar
    • 2.6.1 Trina Solar Details
    • 2.6.2 Trina Solar Major Business
    • 2.6.3 Trina Solar Solar Cells and Modules Product and Services
    • 2.6.4 Trina Solar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Trina Solar Recent Developments/Updates
  • 2.7 Hanwha Solutions
    • 2.7.1 Hanwha Solutions Details
    • 2.7.2 Hanwha Solutions Major Business
    • 2.7.3 Hanwha Solutions Solar Cells and Modules Product and Services
    • 2.7.4 Hanwha Solutions Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Hanwha Solutions Recent Developments/Updates
  • 2.8 Risen Energy
    • 2.8.1 Risen Energy Details
    • 2.8.2 Risen Energy Major Business
    • 2.8.3 Risen Energy Solar Cells and Modules Product and Services
    • 2.8.4 Risen Energy Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Risen Energy Recent Developments/Updates
  • 2.9 Seraphim
    • 2.9.1 Seraphim Details
    • 2.9.2 Seraphim Major Business
    • 2.9.3 Seraphim Solar Cells and Modules Product and Services
    • 2.9.4 Seraphim Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Seraphim Recent Developments/Updates
  • 2.10 SunPower
    • 2.10.1 SunPower Details
    • 2.10.2 SunPower Major Business
    • 2.10.3 SunPower Solar Cells and Modules Product and Services
    • 2.10.4 SunPower Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 SunPower Recent Developments/Updates
  • 2.11 Chint Electrics
    • 2.11.1 Chint Electrics Details
    • 2.11.2 Chint Electrics Major Business
    • 2.11.3 Chint Electrics Solar Cells and Modules Product and Services
    • 2.11.4 Chint Electrics Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Chint Electrics Recent Developments/Updates
  • 2.12 Solargiga
    • 2.12.1 Solargiga Details
    • 2.12.2 Solargiga Major Business
    • 2.12.3 Solargiga Solar Cells and Modules Product and Services
    • 2.12.4 Solargiga Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Solargiga Recent Developments/Updates
  • 2.13 Shunfeng
    • 2.13.1 Shunfeng Details
    • 2.13.2 Shunfeng Major Business
    • 2.13.3 Shunfeng Solar Cells and Modules Product and Services
    • 2.13.4 Shunfeng Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Shunfeng Recent Developments/Updates
  • 2.14 LG Business Solutions
    • 2.14.1 LG Business Solutions Details
    • 2.14.2 LG Business Solutions Major Business
    • 2.14.3 LG Business Solutions Solar Cells and Modules Product and Services
    • 2.14.4 LG Business Solutions Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 LG Business Solutions Recent Developments/Updates
  • 2.15 Jinergy
    • 2.15.1 Jinergy Details
    • 2.15.2 Jinergy Major Business
    • 2.15.3 Jinergy Solar Cells and Modules Product and Services
    • 2.15.4 Jinergy Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Jinergy Recent Developments/Updates
  • 2.16 GCL System
    • 2.16.1 GCL System Details
    • 2.16.2 GCL System Major Business
    • 2.16.3 GCL System Solar Cells and Modules Product and Services
    • 2.16.4 GCL System Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 GCL System Recent Developments/Updates
  • 2.17 EGing PV
    • 2.17.1 EGing PV Details
    • 2.17.2 EGing PV Major Business
    • 2.17.3 EGing PV Solar Cells and Modules Product and Services
    • 2.17.4 EGing PV Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 EGing PV Recent Developments/Updates
  • 2.18 Jolywood
    • 2.18.1 Jolywood Details
    • 2.18.2 Jolywood Major Business
    • 2.18.3 Jolywood Solar Cells and Modules Product and Services
    • 2.18.4 Jolywood Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Jolywood Recent Developments/Updates
  • 2.19 Talesun Solar
    • 2.19.1 Talesun Solar Details
    • 2.19.2 Talesun Solar Major Business
    • 2.19.3 Talesun Solar Solar Cells and Modules Product and Services
    • 2.19.4 Talesun Solar Solar Cells and Modules Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Talesun Solar Recent Developments/Updates

3 Competitive Environment: Solar Cells and Modules by Manufacturer

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

5 Market Segment by Type

  • 5.1 Global Solar Cells and Modules Sales Quantity by Type (2020-2031)
  • 5.2 Global Solar Cells and Modules Consumption Value by Type (2020-2031)
  • 5.3 Global Solar Cells and Modules Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 6.2 Global Solar Cells and Modules Consumption Value by Application (2020-2031)
  • 6.3 Global Solar Cells and Modules Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Solar Cells and Modules Sales Quantity by Type (2020-2031)
  • 7.2 North America Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 7.3 North America Solar Cells and Modules Market Size by Country
    • 7.3.1 North America Solar Cells and Modules Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Solar Cells and Modules 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 Cells and Modules Sales Quantity by Type (2020-2031)
  • 8.2 Europe Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 8.3 Europe Solar Cells and Modules Market Size by Country
    • 8.3.1 Europe Solar Cells and Modules Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Solar Cells and Modules 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 Cells and Modules Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Solar Cells and Modules Market Size by Region
    • 9.3.1 Asia-Pacific Solar Cells and Modules Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Solar Cells and Modules 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 Cells and Modules Sales Quantity by Type (2020-2031)
  • 10.2 South America Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 10.3 South America Solar Cells and Modules Market Size by Country
    • 10.3.1 South America Solar Cells and Modules Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Solar Cells and Modules 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 Cells and Modules Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Solar Cells and Modules Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Solar Cells and Modules Market Size by Country
    • 11.3.1 Middle East & Africa Solar Cells and Modules Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Solar Cells and Modules 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 Cells and Modules Market Drivers
  • 12.2 Solar Cells and Modules Market Restraints
  • 12.3 Solar Cells and Modules 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 Cells and Modules and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Solar Cells and Modules
  • 13.3 Solar Cells and Modules 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 Cells and Modules Typical Distributors
  • 14.3 Solar Cells and Modules Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Solar Cells and Modules market size was valued at US$ 45440 million in 2024 and is forecast to a readjusted size of USD 82440 million by 2031 with a CAGR of 9.0% during review period.
    A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
    A PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
    JinkoSolar, JA Solar, Canadian Solar, Trina Solar and Hanwha Solutions are the top 5 of Solar Cells and Modules, with about 47% market shares. Asia-Pacific has the largest global export quantity and manufacturers in Solar Cells and Modules market, nearly 62%, while Europe is the second sales volume market for Solar Cells and Modules at around 20% in 2019. Si-wafer based PV technology accounted for about 93% of the total sales in 2019. The share of mono-crystalline technology is now about 64% of total sales. Solar cells and modules can be divided into monocrystalline silicon modules, polycrystalline silicon modules, CdTe modules, CIGS modules, and amorphous silicon modules. It can be applied to photovoltaic power stations, commercial advertisements and residential buildings.
    This report is a detailed and comprehensive analysis for global Solar Cells and Modules 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 Cells and Modules market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
    Global Solar Cells and Modules market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
    Global Solar Cells and Modules market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/W), 2020-2031
    Global Solar Cells and Modules market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/W), 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 Cells and Modules
    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 Cells and Modules 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 JinkoSolar, LONGi, JA Solar, First Solar, Canadian Solar, Trina Solar, Hanwha Solutions, Risen Energy, Seraphim, SunPower, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Solar Cells and Modules 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
    Mono-Si Modules
    Multi-Si Modules
    CdTe Modules
    CIGS Modules
    A-Si Modules
    Others
    Market segment by Application
    PV Power Station
    Commercial
    Residential
    Others
    Major players covered
    JinkoSolar
    LONGi
    JA Solar
    First Solar
    Canadian Solar
    Trina Solar
    Hanwha Solutions
    Risen Energy
    Seraphim
    SunPower
    Chint Electrics
    Solargiga
    Shunfeng
    LG Business Solutions
    Jinergy
    GCL System
    EGing PV
    Jolywood
    Talesun Solar
    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 Cells and Modules product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Solar Cells and Modules, with price, sales quantity, revenue, and global market share of Solar Cells and Modules from 2020 to 2025.
    Chapter 3, the Solar Cells and Modules competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Solar Cells and Modules 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 Cells and Modules 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 Cells and Modules.
    Chapter 14 and 15, to describe Solar Cells and Modules sales channel, distributors, customers, research findings and conclusion.

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