The global monocrystalline solar cell market size accounted for USD 6.55 billion in 2024, grew to USD 7.11 billion in 2025 and is projected to surpass around USD 14.82 billion by 2034, representing a healthy CAGR of 8.50% between 2024 and 2034. The North America monocrystalline solar cell market size is worth around USD 2.36billion in 2024 and is expected to grow at a fastest CAGR of 8.51% during the forecast period.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
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
5.1. COVID-19 Landscape: Monocrystalline 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
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
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
8.1. Monocrystalline Solar Cell Market Revenue and Volume Forecast, by Grid Type, 2024-2034
8.1.1. Grid Connected
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. Off-Grid
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Monocrystalline Solar Cell Market Revenue and Volume Forecast, by Application, 2024-2034
9.1.1. Residential
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. Commercial
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. Industrial
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1.4. Power Utilities
9.1.4.1. Market Revenue and Volume Forecast (2021-2034)
10.1. Monocrystalline Solar Cell Market Revenue and Volume Forecast, by Technology, 2024-2034
10.1.1. Crystalline Silicon Cells
10.1.1.1. Market Revenue and Volume Forecast (2021-2034)
10.1.2. Thin Film Cells
10.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1.3. Ultra-Thin Film Cells
10.1.3.1. Market Revenue and Volume Forecast (2021-2034)
11.1. Monocrystalline Solar Cell Market Revenue and Volume Forecast, by Installation, 2024-2034
11.1.1. Ground-Mount
11.1.1.1. Market Revenue and Volume Forecast (2021-2034)
11.1.2. Rooftop Solar PV
11.1.2.1. Market Revenue and Volume Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.1.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.1.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.1.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.1.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.1.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.1.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.6.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.2.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.2.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.2.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.2.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.2.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.2.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.6.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.2.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.2.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.7.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.2.8.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.2.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.8.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.3.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.3.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.3.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.3.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.3.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.3.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.6.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.3.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.3.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.7.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.3.8.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.3.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.8.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.4.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.4.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.4.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.4.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.4.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.4.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.6.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.4.7.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.4.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.7.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.4.8.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.4.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.8.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.5.5.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.5.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.5.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Grid Type (2021-2034)
12.5.6.2. Market Revenue and Volume Forecast, by Application (2021-2034)
12.5.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.6.4. Market Revenue and Volume Forecast, by Installation (2021-2034)
13.1. First Solar, Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. SunPower Corporation
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Canadian Solar Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. JA Solar Holdings Co., Ltd.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Trina Solar Limited
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. JinkoSolar Holding Co., Ltd.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. LONGi Green Energy Technology Co., Ltd.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Hanwha Q CELLS Co., Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. REC Group
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. LG Electronics Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client