The global Solar Photovoltaic Modules market size is predicted to grow from US$ 1013 million in 2025 to US$ 1479 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.
Solar photovoltaic modules are the core part of the solar power generation system and the most important part of the solar power generation system. Its function is to convert solar energy into electrical energy, or send it to the battery for storage, or drive the load to work.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.55 GW.
The 鈥淪olar Photovoltaic Modules Industry Forecast鈥 looks at past sales and reviews total world Solar Photovoltaic Modules sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Photovoltaic Modules sales for 2025 through 2031. With Solar Photovoltaic Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Photovoltaic Modules industry.
This Insight Report provides a comprehensive analysis of the global Solar Photovoltaic Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Solar Photovoltaic Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Solar Photovoltaic Modules market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Photovoltaic Modules and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Photovoltaic Modules.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Photovoltaic Modules market by product type, application, key players and key regions and countries.
Segmentation by Type:
Monocrystalline Silicon Solar Cells
Polycrystalline Silicon Solar Cells
Amorphous Silicon Solar Cells
Multi-compound Solar Cells
Segmentation by Application:
User Solar Power
Transportation
Communication/Communication Field
Petroleum, Marine and Meteorological Fields
Photovoltaic Power Station
Solar Building
Other Areas
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LONGi Solar
Jinko Solar
JA Solar
Trina Solar
Canadian Solar
Hanwha Q Cells
Risen Energy
First Solar
Chint (Astronergy)
Suntech
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Solar Photovoltaic Modules 麻豆原创 Size (2020-2031)
2.1.2 Solar Photovoltaic Modules 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Solar Photovoltaic Modules by Country/Region (2020, 2024 & 2031)
2.2 Solar Photovoltaic Modules Segment by Type
2.2.1 Monocrystalline Silicon Solar Cells
2.2.2 Polycrystalline Silicon Solar Cells
2.2.3 Amorphous Silicon Solar Cells
2.2.4 Multi-compound Solar Cells
2.3 Solar Photovoltaic Modules 麻豆原创 Size by Type
2.3.1 Solar Photovoltaic Modules 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Solar Photovoltaic Modules 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 Solar Photovoltaic Modules Segment by Application
2.4.1 User Solar Power
2.4.2 Transportation
2.4.3 Communication/Communication Field
2.4.4 Petroleum, Marine and Meteorological Fields
2.4.5 Photovoltaic Power Station
2.4.6 Solar Building
2.4.7 Other Areas
2.5 Solar Photovoltaic Modules 麻豆原创 Size by Application
2.5.1 Solar Photovoltaic Modules 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Solar Photovoltaic Modules 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 Solar Photovoltaic Modules 麻豆原创 Size by Player
3.1 Solar Photovoltaic Modules 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Solar Photovoltaic Modules Revenue by Player (2020-2025)
3.1.2 Global Solar Photovoltaic Modules Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global Solar Photovoltaic Modules Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Solar Photovoltaic Modules by Region
4.1 Solar Photovoltaic Modules 麻豆原创 Size by Region (2020-2025)
4.2 Global Solar Photovoltaic Modules Annual Revenue by Country/Region (2020-2025)
4.3 Americas Solar Photovoltaic Modules 麻豆原创 Size Growth (2020-2025)
4.4 APAC Solar Photovoltaic Modules 麻豆原创 Size Growth (2020-2025)
4.5 Europe Solar Photovoltaic Modules 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa Solar Photovoltaic Modules 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas Solar Photovoltaic Modules 麻豆原创 Size by Country (2020-2025)
5.2 Americas Solar Photovoltaic Modules 麻豆原创 Size by Type (2020-2025)
5.3 Americas Solar Photovoltaic Modules 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar Photovoltaic Modules 麻豆原创 Size by Region (2020-2025)
6.2 APAC Solar Photovoltaic Modules 麻豆原创 Size by Type (2020-2025)
6.3 APAC Solar Photovoltaic Modules 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Solar Photovoltaic Modules 麻豆原创 Size by Country (2020-2025)
7.2 Europe Solar Photovoltaic Modules 麻豆原创 Size by Type (2020-2025)
7.3 Europe Solar Photovoltaic Modules 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar Photovoltaic Modules by Region (2020-2025)
8.2 Middle East & Africa Solar Photovoltaic Modules 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa Solar Photovoltaic Modules 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Solar Photovoltaic Modules 麻豆原创 Forecast
10.1 Global Solar Photovoltaic Modules Forecast by Region (2026-2031)
10.1.1 Global Solar Photovoltaic Modules Forecast by Region (2026-2031)
10.1.2 Americas Solar Photovoltaic Modules Forecast
10.1.3 APAC Solar Photovoltaic Modules Forecast
10.1.4 Europe Solar Photovoltaic Modules Forecast
10.1.5 Middle East & Africa Solar Photovoltaic Modules Forecast
10.2 Americas Solar Photovoltaic Modules Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 Solar Photovoltaic Modules Forecast
10.2.2 Canada 麻豆原创 Solar Photovoltaic Modules Forecast
10.2.3 Mexico 麻豆原创 Solar Photovoltaic Modules Forecast
10.2.4 Brazil 麻豆原创 Solar Photovoltaic Modules Forecast
10.3 APAC Solar Photovoltaic Modules Forecast by Region (2026-2031)
10.3.1 China Solar Photovoltaic Modules 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Solar Photovoltaic Modules Forecast
10.3.3 Korea 麻豆原创 Solar Photovoltaic Modules Forecast
10.3.4 Southeast Asia 麻豆原创 Solar Photovoltaic Modules Forecast
10.3.5 India 麻豆原创 Solar Photovoltaic Modules Forecast
10.3.6 Australia 麻豆原创 Solar Photovoltaic Modules Forecast
10.4 Europe Solar Photovoltaic Modules Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 Solar Photovoltaic Modules Forecast
10.4.2 France 麻豆原创 Solar Photovoltaic Modules Forecast
10.4.3 UK 麻豆原创 Solar Photovoltaic Modules Forecast
10.4.4 Italy 麻豆原创 Solar Photovoltaic Modules Forecast
10.4.5 Russia 麻豆原创 Solar Photovoltaic Modules Forecast
10.5 Middle East & Africa Solar Photovoltaic Modules Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 Solar Photovoltaic Modules Forecast
10.5.2 South Africa 麻豆原创 Solar Photovoltaic Modules Forecast
10.5.3 Israel 麻豆原创 Solar Photovoltaic Modules Forecast
10.5.4 Turkey 麻豆原创 Solar Photovoltaic Modules Forecast
10.6 Global Solar Photovoltaic Modules Forecast by Type (2026-2031)
10.7 Global Solar Photovoltaic Modules Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 Solar Photovoltaic Modules Forecast
11 Key Players Analysis
11.1 LONGi Solar
11.1.1 LONGi Solar Company Information
11.1.2 LONGi Solar Solar Photovoltaic Modules Product Offered
11.1.3 LONGi Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 LONGi Solar Main Business Overview
11.1.5 LONGi Solar Latest Developments
11.2 Jinko Solar
11.2.1 Jinko Solar Company Information
11.2.2 Jinko Solar Solar Photovoltaic Modules Product Offered
11.2.3 Jinko Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 Jinko Solar Main Business Overview
11.2.5 Jinko Solar Latest Developments
11.3 JA Solar
11.3.1 JA Solar Company Information
11.3.2 JA Solar Solar Photovoltaic Modules Product Offered
11.3.3 JA Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 JA Solar Main Business Overview
11.3.5 JA Solar Latest Developments
11.4 Trina Solar
11.4.1 Trina Solar Company Information
11.4.2 Trina Solar Solar Photovoltaic Modules Product Offered
11.4.3 Trina Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 Trina Solar Main Business Overview
11.4.5 Trina Solar Latest Developments
11.5 Canadian Solar
11.5.1 Canadian Solar Company Information
11.5.2 Canadian Solar Solar Photovoltaic Modules Product Offered
11.5.3 Canadian Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 Canadian Solar Main Business Overview
11.5.5 Canadian Solar Latest Developments
11.6 Hanwha Q Cells
11.6.1 Hanwha Q Cells Company Information
11.6.2 Hanwha Q Cells Solar Photovoltaic Modules Product Offered
11.6.3 Hanwha Q Cells Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 Hanwha Q Cells Main Business Overview
11.6.5 Hanwha Q Cells Latest Developments
11.7 Risen Energy
11.7.1 Risen Energy Company Information
11.7.2 Risen Energy Solar Photovoltaic Modules Product Offered
11.7.3 Risen Energy Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Risen Energy Main Business Overview
11.7.5 Risen Energy Latest Developments
11.8 First Solar
11.8.1 First Solar Company Information
11.8.2 First Solar Solar Photovoltaic Modules Product Offered
11.8.3 First Solar Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 First Solar Main Business Overview
11.8.5 First Solar Latest Developments
11.9 Chint (Astronergy)
11.9.1 Chint (Astronergy) Company Information
11.9.2 Chint (Astronergy) Solar Photovoltaic Modules Product Offered
11.9.3 Chint (Astronergy) Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Chint (Astronergy) Main Business Overview
11.9.5 Chint (Astronergy) Latest Developments
11.10 Suntech
11.10.1 Suntech Company Information
11.10.2 Suntech Solar Photovoltaic Modules Product Offered
11.10.3 Suntech Solar Photovoltaic Modules Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 Suntech Main Business Overview
11.10.5 Suntech Latest Developments
12 Research Findings and Conclusion
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*If Applicable.