PUBLISHER: Value Market Research | PRODUCT CODE: 1459638
PUBLISHER: Value Market Research | PRODUCT CODE: 1459638
Global PV Module Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032
The global demand for PV Module Market is presumed to reach the market size of nearly USD 392.71 Billion by 2032 from USD 85.56 Billion in 2023 with a CAGR of 18.45% under the study period 2024 - 2032.
A PV (photovoltaic) module converts sunlight into electricity, commonly known as a solar panel. PV modules, which consist of interconnected solar cells, are integral components of solar energy systems, providing a sustainable and renewable power source.
MARKET DYNAMICS
The PV module market is experiencing robust growth driven by factors responding to the global demand for clean and renewable energy, advancements in solar technology, and supportive government policies. One primary driver is the increasing emphasis on transitioning towards sustainable energy sources, reducing dependence on fossil fuels, and mitigating environmental impact. PV modules, comprising solar cells that convert sunlight into electricity, play a pivotal role in harnessing solar energy for power generation. The market benefits from constant research & development efforts focused on enhancing the efficiency, durability, and cost-effectiveness of PV modules. Technological innovations, such as thin-film and bifacial modules, contribute to the expanding applications of solar power in residential, commercial, and industrial settings.
Additionally, government incentives, subsidies, and initiatives promoting renewable energy adoption amplify market growth. Collaboration between solar technology developers, manufacturers, and energy policymakers further contributes to PV modules' continuous evolution and adoption as a mainstream and reliable source of clean energy. However, technological advancements, market competition, and regulatory scrutiny may hamper market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pv module. The growth and trends of pv module industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the pv module market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Crystalline Silicon (Single-Crystalline, Polycrystalline)
- Amorphous Silicon
- Others (Cadmium Telluride, Copper Indium Gallium (Di)Selenide, Etc.)
By Component
- Solar Panels
- Inverters
- Batteries
- Solar Charge Controllers
- Others (Cables, Connectors, Lightning Protection, Etc.)
By Mounting Type
- Ground Mounted
- Pole Mounted
- Rooftop
By Connectivity
- Grid-Tied
- Off-Grid
By End-Use Industry
- Residential
- Commercial
- Industrial
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the PV Module market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
- GLOBAL PV MODULE MARKET SHARE BY REGION (REPRESENTATIVE GRAPH)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the PV Module market include First Solar, Inc., Jinko Solar, Leonics Company Limited, ITEK Green Technologies, Canadian Solar Inc., GCL-TECH, Renesola, Trina Solar, Aesolar, Wuxi Suntech Power Co., Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need."
TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . PV MODULE - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Component
- 3.7.3 Market Attractiveness Analysis By Mounting Type
- 3.7.4 Market Attractiveness Analysis By Connectivity
- 3.7.5 Market Attractiveness Analysis By End-Use Industry
- 3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL PV MODULE MARKET ANALYSIS BY TYPE
- 5.1 Overview by Type
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Type
- 5.4 Crystalline Silicon (Single-Crystalline, Polycrystalline) Historic and Forecast Sales by Regions
- 5.5 Amorphous Silicon Historic and Forecast Sales by Regions
- 5.6 Others (Cadmium Telluride, Copper Indium Gallium (Di)Selenide, Etc.) Historic and Forecast Sales by Regions
6 . GLOBAL PV MODULE MARKET ANALYSIS BY COMPONENT
- 6.1 Overview by Component
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Component
- 6.4 Solar Panels Historic and Forecast Sales by Regions
- 6.5 Inverters Historic and Forecast Sales by Regions
- 6.6 Batteries Historic and Forecast Sales by Regions
- 6.7 Solar Charge Controllers Historic and Forecast Sales by Regions
- 6.8 Others (Cables, Connectors, Lightning Protection, Etc.) Historic and Forecast Sales by Regions
7 . GLOBAL PV MODULE MARKET ANALYSIS BY MOUNTING TYPE
- 7.1 Overview by Mounting Type
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Mounting Type
- 7.4 Ground Mounted Historic and Forecast Sales by Regions
- 7.5 Pole Mounted Historic and Forecast Sales by Regions
- 7.6 Rooftop Historic and Forecast Sales by Regions
8 . GLOBAL PV MODULE MARKET ANALYSIS BY CONNECTIVITY
- 8.1 Overview by Connectivity
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Connectivity
- 8.4 Grid-Tied Historic and Forecast Sales by Regions
- 8.5 Off-Grid Historic and Forecast Sales by Regions
9 . GLOBAL PV MODULE MARKET ANALYSIS BY END-USE INDUSTRY
- 9.1 Overview by End-Use Industry
- 9.2 Historical and Forecast Data
- 9.3 Analysis by End-Use Industry
- 9.4 Residential Historic and Forecast Sales by Regions
- 9.5 Commercial Historic and Forecast Sales by Regions
- 9.6 Industrial Historic and Forecast Sales by Regions
10 . GLOBAL PV MODULE MARKET ANALYSIS BY GEOGRAPHY
- 10.1. Regional Outlook
- 10.2. Introduction
- 10.3. North America Sales Analysis
- 10.3.1. Overview, Historic and Forecast Data Sales Analysis
- 10.3.2. North America By Segment Sales Analysis
- 10.3.3. North America By Country Sales Analysis
- 10.3.4. United State Sales Analysis
- 10.3.5. Canada Sales Analysis
- 10.3.6. Mexico Sales Analysis
- 10.4. Europe Sales Analysis
- 10.4.1. Overview, Historic and Forecast Data Sales Analysis
- 10.4.2. Europe by Segment Sales Analysis
- 10.4.3. Europe by Country Sales Analysis
- 10.4.4. United Kingdom Sales Analysis
- 10.4.5. France Sales Analysis
- 10.4.6. Germany Sales Analysis
- 10.4.7. Italy Sales Analysis
- 10.4.8. Russia Sales Analysis
- 10.4.9. Rest Of Europe Sales Analysis
- 10.5. Asia Pacific Sales Analysis
- 10.5.1. Overview, Historic and Forecast Data Sales Analysis
- 10.5.2. Asia Pacific by Segment Sales Analysis
- 10.5.3. Asia Pacific by Country Sales Analysis
- 10.5.4. China Sales Analysis
- 10.5.5. India Sales Analysis
- 10.5.6. Japan Sales Analysis
- 10.5.7. South Korea Sales Analysis
- 10.5.8. Australia Sales Analysis
- 10.5.9. South East Asia Sales Analysis
- 10.5.10. Rest Of Asia Pacific Sales Analysis
- 10.6. Latin America Sales Analysis
- 10.6.1. Overview, Historic and Forecast Data Sales Analysis
- 10.6.2. Latin America by Segment Sales Analysis
- 10.6.3. Latin America by Country Sales Analysis
- 10.6.4. Brazil Sales Analysis
- 10.6.5. Argentina Sales Analysis
- 10.6.6. Peru Sales Analysis
- 10.6.7. Chile Sales Analysis
- 10.6.8. Rest of Latin America Sales Analysis
- 10.7. Middle East & Africa Sales Analysis
- 10.7.1. Overview, Historic and Forecast Data Sales Analysis
- 10.7.2. Middle East & Africa by Segment Sales Analysis
- 10.7.3. Middle East & Africa by Country Sales Analysis
- 10.7.4. Saudi Arabia Sales Analysis
- 10.7.5. UAE Sales Analysis
- 10.7.6. Israel Sales Analysis
- 10.7.7. South Africa Sales Analysis
- 10.7.8. Rest Of Middle East And Africa Sales Analysis
11 . COMPETITIVE LANDSCAPE OF THE PV MODULE COMPANIES
- 11.1. Pv Module Market Competition
- 11.2. Partnership/Collaboration/Agreement
- 11.3. Merger And Acquisitions
- 11.4. New Product Launch
- 11.5. Other Developments
12 . COMPANY PROFILES OF PV MODULE INDUSTRY
- 12.1. Company Share Analysis
- 12.2. Market Concentration Rate
- 12.3. First Solar Inc.
- 12.3.1. Company Overview
- 12.3.2. Company Revenue
- 12.3.3. Products
- 12.3.4. Recent Developments
- 12.4. Jinko Solar
- 12.4.1. Company Overview
- 12.4.2. Company Revenue
- 12.4.3. Products
- 12.4.4. Recent Developments
- 12.5. Leonics Company Limited
- 12.5.1. Company Overview
- 12.5.2. Company Revenue
- 12.5.3. Products
- 12.5.4. Recent Developments
- 12.6. ITEK Green Technologies
- 12.6.1. Company Overview
- 12.6.2. Company Revenue
- 12.6.3. Products
- 12.6.4. Recent Developments
- 12.7. Canadian Solar Inc.
- 12.7.1. Company Overview
- 12.7.2. Company Revenue
- 12.7.3. Products
- 12.7.4. Recent Developments
- 12.8. GCL-TECH
- 12.8.1. Company Overview
- 12.8.2. Company Revenue
- 12.8.3. Products
- 12.8.4. Recent Developments
- 12.9. Renesola
- 12.9.1. Company Overview
- 12.9.2. Company Revenue
- 12.9.3. Products
- 12.9.4. Recent Developments
- 12.10. Trina Solar
- 12.10.1. Company Overview
- 12.10.2. Company Revenue
- 12.10.3. Products
- 12.10.4. Recent Developments
- 12.11. Aesolar
- 12.11.1. Company Overview
- 12.11.2. Company Revenue
- 12.11.3. Products
- 12.11.4. Recent Developments
- 12.12. Wuxi Suntech Power Co. Ltd.
- 12.12.1. Company Overview
- 12.12.2. Company Revenue
- 12.12.3. Products
- 12.12.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- Analysis by Type (USD MN)
- Crystalline Silicon (Single-Crystalline, Polycrystalline) Market Sales by Geography (USD MN)
- Amorphous Silicon Market Sales by Geography (USD MN)
- Others (Cadmium Telluride, Copper Indium Gallium (Di)Selenide, Etc.) Market Sales by Geography (USD MN)
- Analysis Market by Component (USD MN)
- Solar Panels Market Sales by Geography (USD MN)
- Inverters Market Sales by Geography (USD MN)
- Batteries Market Sales by Geography (USD MN)
- Solar Charge Controllers Market Sales by Geography (USD MN)
- Others (Cables, Connectors, Lightning Protection, Etc.) Market Sales by Geography (USD MN)
- Analysis by Mounting Type (USD MN)
- Ground Mounted Market Sales by Geography (USD MN)
- Pole Mounted Market Sales by Geography (USD MN)
- Rooftop Market Sales by Geography (USD MN)
- Analysis by Connectivity (USD MN)
- Grid-Tied Market Sales by Geography (USD MN)
- Off-Grid Market Sales by Geography (USD MN)
- Analysis by End-Use Industry (USD MN)
- Residential Market Sales by Geography (USD MN)
- Commercial Market Sales by Geography (USD MN)
- Industrial Market Sales by Geography (USD MN)
- Global Pv Module Market Sales by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- South East Asia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Pv Module Report
- Market Research Process
- Market Research Methodology
- Global Pv Module Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Component
- Market Attractiveness Analysis by Mounting Type
- Market Attractiveness Analysis by Connectivity
- Market Attractiveness Analysis by End-Use Industry
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Crystalline Silicon (Single-Crystalline, Polycrystalline) Market Sales by Geography (USD MN)
- Amorphous Silicon Market Sales by Geography (USD MN)
- Others (Cadmium Telluride, Copper Indium Gallium (Di)Selenide, Etc.) Market Sales by Geography (USD MN)
- Global Market Analysis by Component (USD MN)
- Solar Panels Market Sales by Geography (USD MN)
- Inverters Market Sales by Geography (USD MN)
- Batteries Market Sales by Geography (USD MN)
- Solar Charge Controllers Market Sales by Geography (USD MN)
- Others (Cables, Connectors, Lightning Protection, Etc.) Market Sales by Geography (USD MN)
- Global Market Analysis by Mounting Type (USD MN)
- Ground Mounted Market Sales by Geography (USD MN)
- Pole Mounted Market Sales by Geography (USD MN)
- Rooftop Market Sales by Geography (USD MN)
- Global Market Analysis by Connectivity (USD MN)
- Grid-Tied Market Sales by Geography (USD MN)
- Off-Grid Market Sales by Geography (USD MN)
- Global Market Analysis by End-Use Industry (USD MN)
- Residential Market Sales by Geography (USD MN)
- Commercial Market Sales by Geography (USD MN)
- Industrial Market Sales by Geography (USD MN)
- Global Market Sales (USD MN)
- North America Market Sales (USD MN)
- Europe Market Sales (USD MN)
- Asia Pacific Market Sales (USD MN)
- Latin America Market Sales (USD MN)
- Middle East & Africa Market Sales (USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
