PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389203
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389203
Global Solar Ingot Wafer Market Size study & Forecast, by Type by Application, by Manufacturing Process, by Wafer Size by End-User and Regional Analysis, 2023-2030
Global Solar Ingot Wafer Market is valued approximately USD 33.22 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 13.1% over the forecast period 2023-2030. A solar ingot wafer, also known as a photovoltaic (PV) wafer, is a key component used in the manufacturing of solar cells and solar panels. It is a thin, flat piece of crystalline silicon material that serves as the substrate for the construction of solar cells. A solar ingot wafer is a key component in the production of solar cells and photovoltaic modules. It is a thin, disc-shaped slice of silicon that serves as the building block for solar cells. The Solar Ingot Wafer market is expanding because of factors such as rising demand for clean energy worldwide, rising installation of solar panels across the world.
Global energy demand is growing worldwide owing to increasing population and economic growth. As per IEA, global electricity demand reached 24,700 TWh in 2021, a 6% year-on-year increase, according to the International Energy Agency (IEA) Renewable 2021 Market Report, it is anticipated that renewables would contribute nearly 95% of the growth in global power capacity by 2026, with solar PV accounting for more than half of capacity. Furthermore, according to International Energy Agency, Power generation from solar PV increased by a record 270 TWh in 2022, up by 26% on 2021. Solar PV accounted for 4.5% of total global electricity generation, thus rising demand and adoption of clean energy is driving the market growth. In addition, Rise in Focus on developing kerfless wafers and government incentives and policies is creating new opportunities to the market growth. However, the high cost of solar ingot wafer and complex manufacturing process stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Solar Ingot Wafer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as such is increasing investment and acceptance of renewable energy sources for the generation of power in the area, as well as rising government support for solar renewable energy projects. Asia Pacific is anticipated to have considerable growth over the course of the forecast period due to factors like expanding residential and industrial sectors, growing demand for green energy sources, regional expansion of major players, and active participation of nonprofit and governmental organizations in the market.
Major market player included in this report are:
- Shin-Etsu Chemical Co., Ltd
- CETC Solar Energy Holdings Co., Ltd.
- DCH Group
- KONKA SOLAR Cell Co., Ltd
- Sumco Corporation
- Siltronic AG
- GlobalWafers
- JA SOLAR Technology Co., Ltd
- Okmetic
Recent Developments in the Market:
Global Solar Ingot Wafer Market Report Scope:
By Type:
By Application:
By Manufacturing Process:
By Wafer Size:
By End-user:
By Region:
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Solar Ingot Wafer Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Solar Ingot Wafer Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Solar Ingot Wafer Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Solar Ingot Wafer Market, by Manufacturing Process, 2020-2030 (USD Billion)
- 1.2.5. Solar Ingot Wafer Market, by Wafer Size, 2020-2030 (USD Billion)
- 1.2.6. Solar Ingot Wafer Market, by End-User, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Solar Ingot Wafer Market Definition and Scope
Chapter 3. Global Solar Ingot Wafer Market Dynamics
Chapter 4. Global Solar Ingot Wafer Market Industry Analysis
Chapter 5. Global Solar Ingot Wafer Market, by Type
Chapter 6. Global Solar Ingot Wafer Market, by Application
Chapter 7. Global Solar Ingot Wafer Market, by Manufacturing Process
Chapter 8. Global Solar Ingot Wafer Market, by Wafer Size
Chapter 9. Global Solar Ingot Wafer Market, by End-User
Chapter 10. Global Solar Ingot Wafer Market, Regional Analysis
Chapter 11. Competitive Intelligence
Chapter 12. Research Process
LIST OF TABLES
- TABLE 1. Global Solar Ingot Wafer Market, report scope
- TABLE 2. Global Solar Ingot Wafer Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Solar Ingot Wafer Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 4. Global Solar Ingot Wafer Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 5. Global Solar Ingot Wafer Market estimates & forecasts by Manufacturing Process 2020-2030 (USD Billion)
- TABLE 6. Global Solar Ingot Wafer Market estimates & forecasts by Wafer Size 2020-2030 (USD Billion)
- TABLE 7. Global Solar Ingot Wafer Market estimates & forecasts by End-User 2020-2030 (USD Billion)
- TABLE 8. Global Solar Ingot Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Solar Ingot Wafer Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Solar Ingot Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Solar Ingot Wafer Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Solar Ingot Wafer Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Solar Ingot Wafer Market by region, estimates & forecasts, 2020-2030 (USD Billion)
LIST OF FIGURES
