The global solar cell market size is calculated at USD 149.45 billion in 2024, grew to USD 175.15 billion in 2025, and is predicted to hit around USD 730.74 billion by 2034, representing a healthy CAGR of 17.2% between 2024 and 2034. The Asia Pacific solar cell market size accounted for USD 73.23 billion in 2024 and is anticipated to grow at the fastest CAGR of 17.32% during the forecast year.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Cell Market
5.1. COVID-19 Landscape: Solar Cell Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Cell Market, By Material
8.1. Solar Cell Market, by Material, 2024-2034
8.1.1. Crystalline
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Thin Film
8.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 9. Global Solar Cell Market, By Product
9.1. Solar Cell Market, by Product, 2024-2034
9.1.1. BSF
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. PERC/PERL/PERT/TOPCON
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. HJT
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. IBC & MWT
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2021-2034)
Chapter 10. Global Solar Cell Market, By Technology
10.1. Solar Cell Market, by Technology, 2024-2034
10.1.1. Monocrystalline
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Polycrystalline
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Cadmium Telluride (CDTE)
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Amorphous Silicon (A-Si)
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Copper Indium Gallium Diselenide
10.1.5.1. Market Revenue and Forecast (2021-2034)
Chapter 11. Global Solar Cell Market, By Installation Type
11.1. Solar Cell Market, by Installation Type, 2024-2034
11.1.1. Residential
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Commercial
11.1.2.1. Market Revenue and Forecast (2021-2034)
11.1.3. Utility
11.1.3.1. Market Revenue and Forecast (2021-2034)
Chapter 12. Global Solar Cell Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Material (2021-2034)
12.1.2. Market Revenue and Forecast, by Product (2021-2034)
12.1.3. Market Revenue and Forecast, by Technology (2021-2034)
12.1.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.1.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Material (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Product (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Technology (2021-2034)
12.1.6.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Material (2021-2034)
12.2.2. Market Revenue and Forecast, by Product (2021-2034)
12.2.3. Market Revenue and Forecast, by Technology (2021-2034)
12.2.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.2.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Material (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Product (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Technology (2021-2034)
12.2.6.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Material (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Product (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Technology (2021-2034)
12.2.7.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Material (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Product (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Technology (2021-2034)
12.2.8.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Material (2021-2034)
12.3.2. Market Revenue and Forecast, by Product (2021-2034)
12.3.3. Market Revenue and Forecast, by Technology (2021-2034)
12.3.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.3.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Material (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Product (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Technology (2021-2034)
12.3.6.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Material (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Product (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Technology (2021-2034)
12.3.7.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Material (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Product (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Technology (2021-2034)
12.3.8.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Material (2021-2034)
12.4.2. Market Revenue and Forecast, by Product (2021-2034)
12.4.3. Market Revenue and Forecast, by Technology (2021-2034)
12.4.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.4.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Material (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Product (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Technology (2021-2034)
12.4.6.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Material (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Product (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Technology (2021-2034)
12.4.7.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Material (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Product (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Technology (2021-2034)
12.4.8.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Material (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Product (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Technology (2021-2034)
12.5.5.4. Market Revenue and Forecast, by Installation Type (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Material (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Product (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Technology (2021-2034)
12.5.6.4. Market Revenue and Forecast, by Installation Type (2021-2034)
Chapter 13. Company Profiles
13.1. Panasonic Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. JINERGY
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Hevel
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. ReneSola
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. United Renewable Energy, LLC
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. SunPower Corporation
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Risen Solar
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Trina Solar
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Jinko Solar
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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