全球光伏市場:按組件、材料、安裝方法、應用、電池類型和地區劃分的未來預測(至 2028 年)
市場調查報告書
商品編碼
1211138

全球光伏市場:按組件、材料、安裝方法、應用、電池類型和地區劃分的未來預測(至 2028 年)

Photovoltaic Market by Component, Material, Installation Type, Application, Cell Type and Region - Global Forecast to 2028

出版日期: | 出版商: MarketsandMarkets | 英文 324 Pages | 訂單完成後即時交付

價格
簡介目錄

全球光伏 (PV) 市場預計將從 2023 年的 965 億美元增長到 2028 年的 1555 億美元。

此外,2023 年至 2028 年的複合年增長率預計將達到 10.0%。

政府主導的旨在增加光伏裝置安裝、增加住宅光伏系統採用率以及光伏系統和儲能設備成本下降的激勵措施和計劃預計將推動光伏市場的增長。 另一方面,太陽能發電項目建設的徵地問題已成為製約光伏市場增長的突出因素。

按安裝類型劃分,地面安裝的光伏系統在預測期內所佔份額最大。 隨著中國和世界上許多新興國家大量引進地面太陽能電池,預計在預測期內對公用事業規模太陽能電池的需求將繼續保持高位。

按電池類型劃分,半電池光伏組件預計在預測期內增長最快。 半片太陽能電池比普通太陽能電池具有更高的發電能力。 此外,可以減少安裝所需的太陽能電池的數量,從而節省空間。 此外,它還具有出色的耐用性和使用壽命長的特點。 預計這些因素將在預測期內推動半電池太陽能組件的採用。

按應用劃分,住宅部分將在 2022 年佔據第二大份額,並有望在可預見的未來保持其地位。 因素包括過去幾年光伏系統的成本降低,以及世界各國政府的激勵和稅收優惠。

按地區劃分,在預測期內,歐洲將佔據光伏市場的很大份額。 歐洲各國政府越來越關注低成本太陽能,以實現其國家能源目標。

本報告分析了全球光伏市場,包括市場的基本結構、最新發展、驅動和製約市場的主要因素,按組件、材料、電池類型、安裝方法和應用進行分析。我們正在分區域、分區域調研市場趨勢展望、市場競爭狀況、主要企業概況。

內容

第一章介紹

第二章研究方法論

第 3 章執行摘要

第 4 章重要注意事項

第 5 章市場概述

  • 介紹
  • 市場動態
    • 司機
    • 約束因素
    • 機會
    • 任務
  • 供應鏈分析
  • 生態系統/市場地圖
  • 波特的五力分析
  • 主要利益相關者和採購標準
  • 影響市場參與者和原材料供應商業務的趨勢/干擾
  • 技術分析
  • 案例研究分析
  • 貿易分析
  • 專利分析
  • 關稅
  • 監管標準
  • 主要會議和活動 (2022-2023)
  • 價格分析

第 6 章光伏市場:按組件分類

  • 介紹
  • 模塊
  • 逆變器
  • BOS(系統平衡:外圍設備)
    • 連接/電纜
    • 接線盒
    • 安全裝置
    • 跟蹤器
    • 電池
    • 監控系統
    • 其他

第 7 章光伏市場:按材料分類

  • 介紹
    • 晶體矽
    • 薄膜
    • CIGS(銅銦鎵硒)
    • CdTe(碲化鎘)
    • GaAs(砷化鎵)、inP(磷化銦)
    • 鈣鈦礦
    • 其他

第 8 章光伏市場:按電池類型分類

  • 介紹
  • 全電池光伏組件
  • 半電池光伏組件

第9章光伏市場:按安裝方法

  • 介紹
  • 地面安裝
  • 建築一體化光伏發電
    • 屋頂
    • 窗口
  • 浮動光伏

第 10 章光伏市場:按應用

  • 介紹
  • 住房
  • 商業和工業設施
  • 實用工具

第 11 章聚光光伏系統

  • 介紹
  • 高密度光伏
  • 中/低密度光伏

第12章光伏系統的功率容量範圍

  • 介紹
  • 100WP 或以下
  • 100.1~300WP
  • 300WP 或更多

第 13 章太陽能市場:按地區

  • 介紹
  • 北美
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 英國
    • 德國
    • 法國
    • 意大利
    • 其他歐洲國家
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 其他亞太國家
  • 其他國家(行)
    • 南美洲
    • 中東和非洲

第14章競爭格局

  • 概覽
  • 企業利潤分析(3 年)
  • 市場份額分析(2021 年)
  • 公司評估象限
  • 初創企業/中小企業評估矩陣
  • 公司足跡
  • 競爭形勢和趨勢
  • 主要市場趨勢
    • 產品發布
    • 資本交易
    • 其他

第十五章公司簡介

  • 介紹
  • 主要公司
    • JINKOSOLAR
    • JA SOLAR
    • TRINA SOLAR
    • LONGI
    • CANADIAN SOLAR
    • FIRST SOLAR
    • HANWHA Q CELLS
    • MITSUBISHI ELECTRIC
    • SHARP
    • WUXI SUNTECH POWER
    • HUAWEI
    • SUNGROW POWER SUPPLY
    • SMA SOLAR TECHNOLOGY
    • SOLAREDGE
    • ABB
  • 其他企業
    • ARRAY TECHNOLOGIES
    • CHINT SOLAR(ASTRONERGY)
    • GCL SYSTEM INTEGRATION TECHNOLOGY
    • LG ELECTRONICS
    • NEXTRACKER
    • RISEN ENERGY
    • TONGWEI SOLAR
    • YINGLI SOLAR
    • ACCIONA S.A
    • ABENGOA, S.A
    • TATA POWER SOLAR SYSTEMS
    • WAAREE ENERGIES LTD
    • SHUNFENG INTERNATIONAL CLEAN ENERGY LIMITED
    • EMMVEE PHOTOVOLTAIC POWER PRIVATE LIMITED
    • ALLEARTH RENEWABLES
    • EATON CORP.
    • POWER ELECTRONICS
    • FIMER

第16章 附錄

簡介目錄
Product Code: SE 3152

The photovoltaic market is projected to grow from USD 96.5 billion in 2023 and is projected to reach USD 155.5 billion by 2028; it is expected to grow at a CAGR of 10.0 % from 2023 to 2028.

The rising number of solar installations attributed to government-led incentives and schemes, growth in the adoption of PV systems for residential applications, decreasing cost of PV systems and energy storage devices is expected to fuel the growth of the photovoltaic market. However, issues related to land acquisition for deployment of solar projects is a prominent factor limiting the growth of the photovoltaic market.

"Ground-mounted PV systems to hold largest share of photovoltaic market during the forecast period."

The PV market for ground-mounted systems held the largest market share in 2022 and is expected to retain its dominant position throughout the forecast period. With an increasing number of utility-scale projects worldwide, the ground-mounted PV systems market is expected to witness significant growth during the forecast period. The ground-mounted segment dominates the solar photovoltaic market more than the rooftop segment due to higher capacity installations in the ground-mounted segment worldwide. The higher demand for utility-scale is expected to continue during the forecast period, with strong demand from China and many emerging markets around the world installing notable amounts that are mostly ground-mounted.

"Market for half-cell PV module segment is expected to witness higher growth during the forecast period"

The half-cell PV module segment is expected to witness significant growth in the photovoltaic market during the forecast period. Half-cut solar cells have a higher power generating capacity than normal solar cells. As a result of the increased power output, the number of solar cells required for installation is reduced, conserving space. For residential, commercial, and industrial locations with limited space, half-cut solar cell technology has proven to be a viable option. The half-cell modules have outstanding durability and long-life performance. Hence, half-cell type panels are more durable and less prone to cracking over long periods. Additionally, the half-cut solar panels have high shade tolerance, unlike the conventional models. These factors are likely to result in higher adoption of half-cell PV modules during the forecast period.

"Market for residential application to hold a significant share during the forecast period "

Residential application held the second-largest share of the said market in 2022 and is expected to retain its second dominant position throughout the forecast period. This can be attributed to the declining cost of PV systems in the past few years. Similarly, governments across various countries such as India, China, and the US offer incentives and tax rebate to residential users to install PV systems, which is expected to fuel the growth of the market for PV systems in residential applications during the forecast period.

"Europe to hold a significant share of the photovoltaic market during the forecast period"

Europe is expected to hold a significantly large share for photovoltaic market during the forecast period. The countries that constitute a major portion of the photovoltaic market in Europe include the Germany, France, Italy. The countries of the European Union have also started working toward compliance with the Clean Energy Package of the Commission that sets a 32% renewable energy target by 2030. As such, governments of a number of countries in Europe are increasingly making efforts to generate low-cost solar energy to meet their energy targets. This is expected to propel the growth of the PV market in Europe during the forecast period.

The report profiles key players in the photovoltaic market with their respective market ranking analysis. Prominent players profiled in this report are include are JinkoSolar (China), JA Solar (China), Trina Solar (China), LONGi (China), Canadian Solar (Canada), First Solar (US), Hanwha Q CELLS (South Korea), Wuxi Suntech Power (China), Sharp (Japan), Mitsubishi Electric (Japan), Array Technologies (US), Chint Solar (China), GCL System Integration Technology (China), Huawei (China), LG Electronics (South Korea), NEXTracker (US), Risen Energy (China), SMA Solar Technology (Germany), Sungrow Power Supply (China), Tongwei Solar (China), Eaton Corp. (Ireland), ABB (Switzerland), Power Electronics (Spain), Fimer (Italy), AllEarth Renewables (US), Emmvee Photovoltaic Power Private Limited (India), ShunFeng International Clean Energy (China), Waaree Energies Ltd. (India) and Yingli Solar (China).

Research Coverage:

This research report categorizes the photovoltaic market on the basis of component, material, cell type, installation type, application, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the photovoltaic market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the photovoltaic cosystem.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:

1. This report segments the photovoltaic market comprehensively and provides the closest market size projection for all subsegments across different regions.

2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.

3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.

4. The analysis of the top 31 companies, based on the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.

5. Patent analysis, trade data, and technological trends that will shape the market in the coming years has also been covered in this report.

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 INCLUSIONS AND EXCLUSIONS
  • 1.4 STUDY SCOPE
    • 1.4.1 MARKETS COVERED
    • FIGURE 1 PHOTOVOLTAIC MARKET: SEGMENT
    • 1.4.2 REGIONAL SCOPE
    • 1.4.3 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
  • 1.6 STAKEHOLDERS
  • 1.7 UNIT CONSIDERED
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 PHOTOVOLTAIC MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of key secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Primary interviews with experts
      • 2.1.2.2 Breakdown of primaries
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
      • 2.1.3.1 Key industry insights
  • 2.2 MARKET SIZE ESTIMATION
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS FOR PHOTOVOLTAIC MODULE MARKET
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach to capture market size by bottom-up analysis (demand side)
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
      • 2.2.1.2 Major upcoming solar projects in various regions worldwide
    • TABLE 1 MAJOR SOLAR PROJECTS ACROSS VARIOUS REGIONS
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach to capture market size by top-down analysis (supply side)
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • 2.3 DATA TRIANGULATION
    • FIGURE 6 DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS
    • FIGURE 7 ASSUMPTIONS FOR RESEARCH STUDY
    • 2.4.1 LIMITATIONS

3 EXECUTIVE SUMMARY

  • 3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
    • FIGURE 8 MARKET FOR INVERTERS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • FIGURE 9 SILICON SEGMENT TO EXHIBIT HIGHER CAGR DURING FORECAST PERIOD
    • FIGURE 10 COMMERCIAL & INDUSTRIAL APPLICATIONS TO WITNESS HIGHEST CAGR IN PHOTOVOLTAIC MARKET DURING FORECAST PERIOD
    • FIGURE 11 PHOTOVOLTAIC MARKET IN ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PHOTOVOLTAIC MARKET
    • FIGURE 12 DECREASING COST OF PV SYSTEMS TO BOOST MARKET GROWTH
  • 4.2 PHOTOVOLTAIC MARKET, BY CELL TYPE
    • FIGURE 13 HALF-CELL TYPE TO WITNESS HIGHER CAGR DURING FORECAST PERIOD
  • 4.3 PHOTOVOLTAIC MARKET, BY INSTALLATION TYPE
    • FIGURE 14 FLOATING PV SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
  • 4.4 PHOTOVOLTAIC MARKET, BY APPLICATION
    • FIGURE 15 UTILITIES TO DOMINATE PV MARKET DURING FORECAST PERIOD
  • 4.5 PHOTOVOLTAIC MARKET, BY REGION
    • FIGURE 16 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
  • 4.6 PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY COUNTRY AND APPLICATION
    • FIGURE 17 CHINA AND UTILITIES WERE LARGEST SHAREHOLDERS OF PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY COUNTRY AND APPLICATION, RESPECTIVELY, IN 2022
  • 4.7 PHOTOVOLTAIC MARKET, BY COUNTRY
    • FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN PHOTOVOLTAIC MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 19 PHOTOVOLTAIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Rising number of solar installations attributed to government-led incentives and schemes
      • 5.2.1.2 Growing adoption of PV systems in residential applications
    • FIGURE 20 RESIDENTIAL SOLAR PV SYSTEM PRICING
      • 5.2.1.3 Decreasing cost of PV systems and energy storage devices
    • FIGURE 21 SOLAR PV PRICING TRENDS AND DEPLOYMENT GROWTH
    • FIGURE 22 DRIVERS
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Lack of skilled workforce for PV installation and maintenance
      • 5.2.2.2 Safety risks associated with high DC voltages
    • FIGURE 23 RESTRAINTS
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Increasing investments in renewable energy
    • FIGURE 24 RENEWABLE POWER INVESTMENTS, 2019-2021 (USD BILLION)
      • 5.2.3.2 Ongoing technological developments in solar cell manufacturing
    • FIGURE 25 OPPORTUNITIES
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Issues related to land acquisition for deployment of solar projects
    • FIGURE 26 CHALLENGES
  • 5.3 SUPPLY CHAIN ANALYSIS
    • FIGURE 27 SUPPLY CHAIN OF PHOTOVOLTAIC MARKET
  • 5.4 ECOSYSTEM/MARKET MAP
    • TABLE 2 PLAYERS AND THEIR ROLE IN ECOSYSTEM
  • 5.5 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 3 PHOTOVOLTAIC MARKET: PORTER'S FIVE FORCES ANALYSIS
    • 5.5.1 THREAT OF NEW ENTRANTS
    • 5.5.2 THREAT OF SUBSTITUTES
    • 5.5.3 BARGAINING POWER OF SUPPLIERS
    • 5.5.4 BARGAINING POWER OF BUYERS
    • 5.5.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.6 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%)
    • 5.6.2 BUYING CRITERIA
    • FIGURE 28 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
    • TABLE 5 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
  • 5.7 TRENDS/DISRUPTIONS IMPACTING BUSINESS OF MARKET PLAYERS AND RAW MATERIAL SUPPLIERS
    • 5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PHOTOVOLTAIC MARKET PLAYERS
    • FIGURE 29 REVENUE SHIFT IN PHOTOVOLTAIC MARKET
  • 5.8 TECHNOLOGY ANALYSIS
    • TABLE 6 TECHNOLOGICAL ANALYSIS FOR PV MARKET
  • 5.9 CASE STUDY ANALYSIS
    • 5.9.1 TATA POWER SOLAR (INDIA) COMMISSIONED 3 MW SOLAR PV POWER PLANT IN IRON ORE MINE AT NOAMUNDI (INDIA)
    • 5.9.2 HANWHA Q CELLS (SOUTH KOREA) HELPED COPENHAGEN ZOO IMPLEMENT C&I ROOFTOP SYSTEM TO MEET ITS SUSTAINABILITY GOALS
    • 5.9.3 SHARP HELPED BIG C SUPERMARKET (THAILAND) INSTALL ROOFTOP SOLAR PANELS
    • 5.9.4 HEWLETT PACKARD (HP) INSTALLED ROOFTOP SOLAR PANELS WITH THE HELP OF SHARP (JAPAN)
    • 5.9.5 LONGI (CHINA) COMPLETED EXECUTION OF LARGE-SCALE PV POWER STATION AT GUIZHOU COMPLEX
  • 5.10 TRADE ANALYSIS
    • 5.10.1 IMPORT SCENARIO
      • 5.10.1.1 Import scenario for photovoltaic components
    • TABLE 7 IMPORT DATA, BY COUNTRY, 2017-2021 (USD MILLION)
    • 5.10.2 EXPORT SCENARIO
      • 5.10.2.1 Export scenario for photovoltaic components
    • TABLE 8 EXPORT DATA, BY COUNTRY, 2017-2021 (USD MILLION)
  • 5.11 PATENT ANALYSIS
    • TABLE 9 PATENT REGISTRATIONS RELATED TO PHOTOVOLTAIC MARKET
    • FIGURE 30 PHOTOVOLTAIC PATENTS PUBLISHED BETWEEN 2012 AND 2022
    • TABLE 10 NUMBER OF PATENTS REGISTERED IN PHOTOVOLTAIC MARKET FROM 2012 TO 2022
    • FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS FROM 2012 TO 2022
  • 5.12 TARIFF
  • 5.13 REGULATORY STANDARDS
    • 5.13.1 REGULATORY COMPLIANCE
      • 5.13.1.1 Regulations
      • 5.13.1.2 Standards
    • TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.14 KEY CONFERENCES AND EVENTS, 2022-2023
    • TABLE 15 PHOTOVOLTAIC MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
  • 5.15 PRICING ANALYSIS
    • TABLE 16 AVERAGE SELLING PRICE OF PHOTOVOLTAIC MODULES AND INVERTERS
    • TABLE 17 AVERAGE SELLING PRICE OF BOV (BALANCE OF SYSTEM) COMPONENTS
    • TABLE 18 AVERAGE SELLING PRICE OF PV SYSTEMS, BY APPLICATION
    • 5.15.1 AVERAGE SELLING PRICE OF PV MODULES , BY OFFERING (KEY PLAYERS)
    • FIGURE 32 AVERAGE SELLING PRICE OF PV MODULES OFFERED BY KEY PLAYERS, BY APPLICATION
    • TABLE 19 AVERAGE SELLING PRICE OF PV MODULES OFFERED BY KEY PLAYERS, BY APPLICATION (USD/WATT)

6 PHOTOVOLTAIC MARKET, BY COMPONENT

  • 6.1 INTRODUCTION
    • FIGURE 33 PHOTOVOLTAIC MARKET FOR INVERTERS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    • TABLE 20 PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 21 PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 22 PHOTOVOLTAIC MARKET, BY ANNUAL CAPACITY, 2019-2022 (GW)
    • TABLE 23 PHOTOVOLTAIC MARKET, BY ANNUAL CAPACITY, 2023-2028 (GW)
  • 6.2 MODULES
    • 6.2.1 PV MODULE TYPES
      • 6.2.1.1 Organic photovoltaic modules
        • 6.2.1.1.1 Organic PV modules produce energy at lower cost compared to traditional solar technologies
      • 6.2.1.2 Inorganic photovoltaic modules
        • 6.2.1.2.1 Inorganic PV modules have a longer lifespan and higher efficiency than OPVs
      • 6.2.1.3 Hybrid photovoltaic modules
        • 6.2.1.3.1 Hybrid photovoltaic modules contain both inorganic and organic materials
    • 6.2.2 BY CELL TYPE
      • 6.2.2.1 60 cells
    • TABLE 24 COMPANIES OFFERING 60-CELL PV MODULES
      • 6.2.2.2 72 cells
    • TABLE 25 COMPANIES OFFERING 72-CELL PV MODULES
      • 6.2.2.3 96 cells
    • TABLE 26 COMPANIES OFFERING 96-CELL PV MODULES
    • TABLE 27 MODULES: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 28 MODULES: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • TABLE 29 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 30 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 31 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 32 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 33 UTILITIES: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 34 UTILITIES: PHOTOVOLTAIC MARKET FOR MODULES, BY REGION, 2023-2028 (USD BILLION)
    • TABLE 35 MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 36 MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 6.3 INVERTERS
    • 6.3.1 PV INVERTERS CONVERT DIRECT CURRENT OF PV MODULES INTO GRID-COMPLIANT ALTERNATING CURRENT
    • TABLE 37 INVERTERS: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 38 INVERTERS: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • TABLE 39 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 40 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 41 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 42 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 43 UTILITIES: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 44 UTILITIES: PHOTOVOLTAIC MARKET FOR INVERTERS, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 45 INVERTERS: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 46 INVERTERS: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 6.4 BALANCE OF SYSTEM
    • 6.4.1 CONNECTIONS AND CABLES
      • 6.4.1.1 BOS market for cables & connectors to hold largest share during forecast period
    • 6.4.2 JUNCTION BOXES
      • 6.4.2.1 Junction box is enclosure on module where PV strings are electrically connected
    • 6.4.3 SAFETY EQUIPMENT
      • 6.4.3.1 Safety equipment essential to ensure safety of PV systems from harsh weather conditions
    • 6.4.4 TRACKERS
      • 6.4.4.1 Movement of solar trackers increases solar energy output by up to 40% compared with standard panels
    • 6.4.5 BATTERIES
      • 6.4.5.1 BOS market for batteries to exhibit highest growth during forecast period
    • 6.4.6 MONITORING SYSTEMS
      • 6.4.6.1 Ensure reliable functioning and maximum yield of any solar electric system
    • 6.4.7 OTHERS
    • TABLE 47 BOS: PHOTOVOLTAIC MARKET, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 48 BOS: PHOTOVOLTAIC MARKET, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 49 BOS: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 50 BOS: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • TABLE 51 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 52 RESIDENTIAL: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 53 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 54 COMMERCIAL & INDUSTRIAL: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2023-2028 (USD MILLION)
    • TABLE 55 UTILITIES: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 56 UTILITIES: PHOTOVOLTAIC MARKET FOR BOS, BY REGION, 2023-2028 (USD BILLION)
    • TABLE 57 BOS: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 58 BOS: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)

7 PHOTOVOLTAIC MARKET, BY MATERIAL

  • 7.1 INTRODUCTION
    • FIGURE 34 SILICON-BASED PHOTOVOLTAIC SYSTEMS TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
    • TABLE 59 PHOTOVOLTAIC MARKET, BY MATERIAL, 2019-2022 (USD BILLION)
    • TABLE 60 PHOTOVOLTAIC MARKET, BY MATERIAL, 2023-2028 (USD BILLION)
  • 7.2 SILICON
    • TABLE 61 SILICON: PHOTOVOLTAIC MARKET, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 62 SILICON: PHOTOVOLTAIC MARKET, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 63 SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 64 SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
    • 7.2.1 CRYSTALLINE SILICON
    • TABLE 65 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 66 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 67 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 68 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
      • 7.2.1.1 Crystalline silicon types
        • 7.2.1.1.1 Monocrystalline
          • 7.2.1.1.1.1 High efficiency and minimum space requirements to drive market growth
    • TABLE 69 MONOCRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 70 MONOCRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
        • 7.2.1.1.2 Multicrystalline/polycrystalline
          • 7.2.1.1.2.1 Low-cost production makes them preferred choice for residential applications
    • TABLE 71 MULTICRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 72 MULTICRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
      • 7.2.1.2 Crystalline silicon technologies
    • TABLE 73 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY TECHNOLOGY, 2019-2022 (USD BILLION)
    • TABLE 74 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET, BY TECHNOLOGY, 2023-2028 (USD BILLION)
        • 7.2.1.2.1 BSF
          • 7.2.1.2.1.1 AI BSF most used technology for fabricating photovoltaic cells
        • 7.2.1.2.2 PERC
          • 7.2.1.2.2.1 Efficiency and high flexibility offered by PERC to boost demand
        • 7.2.1.2.3 Others
    • 7.2.2 THIN FILM
    • TABLE 75 THIN-FILM SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 76 THIN-FILM SILICON: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD MILLION)
      • 7.2.2.1 Amorphous
        • 7.2.2.1.1 Amorphous solar modules perform better even in low-light conditions
      • 7.2.2.2 Nanocrystalline
        • 7.2.2.2.1 Use of nanocrystals in solar cells increase their efficiency by up to 60%
    • TABLE 77 COMPOUNDS: PHOTOVOLTAIC MARKET, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 78 COMPOUNDS: PHOTOVOLTAIC MARKET, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 79 COMPOUNDS: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 80 COMPOUNDS: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 7.2.3 COPPER INDIUM GALLIUM SELENIDE
      • 7.2.3.1 CIGS solar cells among most efficient thin-film PV technologies
    • TABLE 81 CIGS: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 82 CIGS: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 7.2.4 CADMIUM TELLURIDE
      • 7.2.4.1 CdTe materials most commonly used in thin-film modules
    • TABLE 83 CDTE: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD MILLION)
    • TABLE 84 CDTE: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD MILLION)
    • 7.2.5 GALLIUM ARSENIDE AND INDIUM PHOSPHIDE
      • 7.2.5.1 GaAs and InP materials used to achieve high efficiency in solar cells
    • 7.2.6 PEROVSKITE
      • 7.2.6.1 Perovskite cells absorb sunlight across entire visible spectrum
    • 7.2.7 OTHERS

8 PHOTOVOLTAIC MARKET, BY CELL TYPE

  • 8.1 INTRODUCTION
    • FIGURE 35 HALF-CELL PV MODULES TO REGISTER HIGHER CAGR IN PHOTOVOLTAIC MARKET DURING FORECAST PERIOD
    • TABLE 85 PHOTOVOLTAIC MARKET, BY CELL TYPE, 2019-2022 (USD BILLION)
    • TABLE 86 PHOTOVOLTAIC MARKET, BY CELL TYPE, 2023-2028 (USD BILLION)
  • 8.2 FULL-CELL PV MODULES
    • 8.2.1 FULL-CELL PV MODULES TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD
    • TABLE 87 FULL-CELL PV MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 88 FULL-CELL PV MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 8.3 HALF-CELL PV MODULES
    • 8.3.1 MARKET FOR HALF-CELL PV MODULES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
    • TABLE 89 HALF-CELL PV MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 90 HALF-CELL PV MODULES: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)

9 PHOTOVOLTAIC MARKET, BY INSTALLATION TYPE

  • 9.1 INTRODUCTION
    • FIGURE 36 FLOATING PV SEGMENT OF PHOTOVOLTAIC MARKET TO WITNESS HIGHEST CAGR FROM 2023 TO 2028
    • TABLE 91 PHOTOVOLTAIC MARKET, BY INSTALLATION TYPE, 2019-2022 (USD BILLION)
    • TABLE 92 PHOTOVOLTAIC MARKET, BY INSTALLATION TYPE, 2023-2028 (USD BILLION)
  • 9.2 GROUND MOUNTED
    • 9.2.1 GROUND-MOUNTED SEGMENT TO HOLD LARGEST SHARE OF PHOTOVOLTAIC MARKET IN 2028
  • 9.3 BUILDING-INTEGRATED PHOTOVOLTAICS
    • 9.3.1 ROOFTOPS
      • 9.3.1.1 Increasing rooftop installations of PV modules for residential and commercial applications to drive market
    • 9.3.2 WINDOWS
      • 9.3.2.1 Surging adoption of PV windows by business complexes in major cities worldwide to drive market
  • 9.4 FLOATING PV
    • 9.4.1 FLOATING PV SEGMENT TO WITNESS HIGHEST CAGR FROM 2022 TO 2027

10 PHOTOVOLTAIC MARKET, BY APPLICATION

  • 10.1 INTRODUCTION
    • FIGURE 37 UTILITIES TO CONTINUE TO DOMINATE PV MARKET IN TERMS OF SIZE DURING FORECAST PERIOD
    • TABLE 93 PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 94 PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
  • 10.2 RESIDENTIAL
    • 10.2.1 MARKET FOR RESIDENTIAL APPLICATION TO GROW AT SIGNIFICANT CAGR FROM 2023 TO 2028
    • FIGURE 38 INVERTERS TO REGISTER HIGHEST CAGR IN PHOTOVOLTAIC MARKET FOR RESIDENTIAL APPLICATION FROM 2023 TO 2028
    • TABLE 95 RESIDENTIAL: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 96 RESIDENTIAL: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 97 RESIDENTIAL: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 98 RESIDENTIAL: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 10.3 COMMERCIAL AND INDUSTRIAL
    • 10.3.1 COMMERCIAL & INDUSTRIAL APPLICATION TO EXHIBIT HIGHEST GROWTH FROM 2023 TO 2028
    • TABLE 99 COMMERCIAL AND INDUSTRIAL: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 100 COMMERCIAL AND INDUSTRIAL: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 101 COMMERCIAL AND INDUSTRIAL: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 102 COMMERCIAL AND INDUSTRIAL: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 10.4 UTILITIES
    • 10.4.1 UTILITIES TO ACCOUNT FOR LARGEST SHARE OF PHOTOVOLTAIC MARKET THROUGHOUT FORECAST PERIOD
    • TABLE 103 UTILITIES: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 104 UTILITIES: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 105 UTILITIES: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 106 UTILITIES: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)

11 PHOTOVOLTAIC CONCENTRATION SYSTEMS

  • 11.1 INTRODUCTION
  • 11.2 HIGH-CONCENTRATION PV
  • 11.3 MEDIUM- AND LOW-CONCENTRATION PV
    • TABLE 107 DIFFERENT CLASSES OF CPV SYSTEMS AND THEIR REQUIREMENTS

12 POWER CAPACITY RANGES OF PHOTOVOLTAIC SYSTEMS

  • 12.1 INTRODUCTION
  • 12.2 UP TO 100 WP
    • TABLE 108 COMPANIES OFFERING PV MODULES UP TO 100 WP
  • 12.3 100.1 TO 300 WP
    • TABLE 109 COMPANIES OFFERING PV MODULES FROM 100.1 TO 300 WP
  • 12.4 ABOVE 300 WP
    • TABLE 110 COMPANIES OFFERING PV MODULES ABOVE 300 WP

13 PHOTOVOLTAIC MARKET, BY REGION

  • 13.1 INTRODUCTION
    • FIGURE 39 REGIONAL SPLIT OF PHOTOVOLTAIC MARKET
    • FIGURE 40 PHOTOVOLTAIC MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2023 TO 2028
    • TABLE 111 PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 112 PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
  • 13.2 NORTH AMERICA
    • FIGURE 41 SNAPSHOT: PHOTOVOLTAIC MARKET IN NORTH AMERICA
    • TABLE 113 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY COUNTRY, 2019-2022 (USD MILLION)
    • TABLE 114 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 115 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 116 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 117 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY MATERIAL, 2019-2022 (USD MILLION)
    • TABLE 118 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY MATERIAL, 2023-2028 (USD MILLION)
    • TABLE 119 SILICON: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 120 SILICON: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 121 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 122 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 123 COMPOUNDS: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 124 COMPOUNDS: PHOTOVOLTAIC MARKET IN NORTH AMERICA, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 125 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2019-2022 (USD BILLION)
    • TABLE 126 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2023-2028 (USD BILLION)
    • TABLE 127 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 128 NORTH AMERICA: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • 13.2.1 US
      • 13.2.1.1 US to account for largest size of North American market from 2022 to 2028
    • 13.2.2 CANADA
      • 13.2.2.1 Canada to witness large-space solar installations during forecast period
    • 13.2.3 MEXICO
      • 13.2.3.1 Mexico projected to witness highest CAGR from 2023 to 2028
  • 13.3 EUROPE
    • FIGURE 42 SNAPSHOT: PHOTOVOLTAIC MARKET IN EUROPE
    • TABLE 129 EUROPE: PHOTOVOLTAIC MARKET, BY COUNTRY, 2019-2022 (USD MILLION)
    • TABLE 130 EUROPE: PHOTOVOLTAIC MARKET, BY COUNTRY, 2023-2028 (USD MILLION)
    • TABLE 131 EUROPE: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 132 EUROPE: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 133 EUROPE: PHOTOVOLTAIC MARKET, BY MATERIAL, 2019-2022 (USD MILLION)
    • TABLE 134 EUROPE: PHOTOVOLTAIC MARKET, BY MATERIAL, 2023-2028 (USD MILLION)
    • TABLE 135 SILICON: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 136 SILICON: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 137 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 138 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 139 COMPOUNDS: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 140 COMPOUNDS: PHOTOVOLTAIC MARKET IN EUROPE, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 141 EUROPE: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2019-2022 (USD BILLION)
    • TABLE 142 EUROPE: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2023-2028 (USD BILLION)
    • TABLE 143 EUROPE: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 144 EUROPE: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • 13.3.1 UK
      • 13.3.1.1 Efforts to install large-scale PV systems to harness solar resources
    • 13.3.2 GERMANY
      • 13.3.2.1 Germany to account for largest size of European photovoltaic market from 2023 to 2028
    • 13.3.3 FRANCE
      • 13.3.3.1 France to witness highest CAGR from 2023 to 2028
    • 13.3.4 ITALY
      • 13.3.4.1 Rising establishment of large-scale PV plants
    • 13.3.5 REST OF EUROPE
  • 13.4 ASIA PACIFIC
    • FIGURE 43 SNAPSHOT: PHOTOVOLTAIC MARKET IN ASIA PACIFIC
    • TABLE 145 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY COUNTRY, 2019-2022 (USD BILLION)
    • TABLE 146 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY COUNTRY, 2023-2028 (USD BILLION)
    • TABLE 147 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 148 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 149 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY MATERIAL, 2019-2022 (USD BILLION)
    • TABLE 150 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY MATERIAL, 2023-2028 (USD BILLION)
    • TABLE 151 SILICON: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 152 SILICON: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 153 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2019-2022 (USD BILLION)
    • TABLE 154 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2023-2028 (USD BILLION)
    • TABLE 155 COMPOUNDS: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 156 COMPOUNDS: PHOTOVOLTAIC MARKET IN ASIA PACIFIC, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 157 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2019-2022 (USD BILLION)
    • TABLE 158 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2023-2028 (USD BILLION)
    • TABLE 159 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 160 ASIA PACIFIC: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • 13.4.1 CHINA
      • 13.4.1.1 China to account for largest size of market from 2023 to 2028
    • 13.4.2 JAPAN
      • 13.4.2.1 Increasing investments in residential and PV utility-scale sectors to drive market growth
    • 13.4.3 INDIA
      • 13.4.3.1 Rising rooftop installations and increasing power shortage to boost PV demand
    • 13.4.4 SOUTH KOREA
      • 13.4.4.1 Increasing government efforts for adoption of PV systems to enhance market growth
    • 13.4.5 REST OF ASIA PACIFIC
  • 13.5 ROW
    • FIGURE 44 SNAPSHOT: PHOTOVOLTAIC MARKET IN ROW
    • TABLE 161 ROW: PHOTOVOLTAIC MARKET, BY REGION, 2019-2022 (USD BILLION)
    • TABLE 162 ROW: PHOTOVOLTAIC MARKET, BY REGION, 2023-2028 (USD BILLION)
    • TABLE 163 ROW: PHOTOVOLTAIC MARKET, BY COMPONENT, 2019-2022 (USD BILLION)
    • TABLE 164 ROW: PHOTOVOLTAIC MARKET, BY COMPONENT, 2023-2028 (USD BILLION)
    • TABLE 165 ROW: PHOTOVOLTAIC MARKET, BY MATERIAL, 2019-2022 (USD MILLION)
    • TABLE 166 ROW: PHOTOVOLTAIC MARKET, BY MATERIAL, 2023-2028 (USD MILLION)
    • TABLE 167 SILICON: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 168 SILICON: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 169 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 170 CRYSTALLINE SILICON: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 171 COMPOUNDS: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2019-2022 (USD MILLION)
    • TABLE 172 COMPOUNDS: PHOTOVOLTAIC MARKET IN ROW, BY TYPE, 2023-2028 (USD MILLION)
    • TABLE 173 ROW: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2019-2022 (USD BILLION)
    • TABLE 174 ROW: PHOTOVOLTAIC MARKET, BY CELL TYPE, 2023-2028 (USD BILLION)
    • TABLE 175 ROW: PHOTOVOLTAIC MARKET, BY APPLICATION, 2019-2022 (USD BILLION)
    • TABLE 176 ROW: PHOTOVOLTAIC MARKET, BY APPLICATION, 2023-2028 (USD BILLION)
    • 13.5.1 SOUTH AMERICA
      • 13.5.1.1 Photovoltaic market in South America to grow at higher CAGR from 2023 to 2028
    • 13.5.2 MIDDLE EAST AND AFRICA
      • 13.5.2.1 Middle East and Africa to account for larger size of market in 2023

14 COMPETITIVE LANDSCAPE

  • 14.1 OVERVIEW
    • TABLE 177 PHOTOVOLTAIC MARKET: KEY GROWTH STRATEGIES ADOPTED BY COMPANIES FROM 2019 TO 2022
  • 14.2 3-YEAR COMPANY REVENUE ANALYSIS
    • FIGURE 45 3-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN PHOTOVOLTAIC MODULE MARKET
    • FIGURE 46 3-YEAR REVENUE ANALYSIS OF TOP 3 PLAYERS IN PHOTOVOLTAIC INVERTER MARKET
    • FIGURE 47 3-YEAR REVENUE ANALYSIS OF TOP 3 PLAYERS IN BOS MARKET
  • 14.3 MARKET SHARE ANALYSIS, 2021
    • TABLE 178 MODULE MARKET: DEGREE OF COMPETITION
    • TABLE 179 PV INVERTER MARKET: DEGREE OF COMPETITION
    • TABLE 180 BOS MARKET: DEGREE OF COMPETITION
  • 14.4 COMPANY EVALUATION QUADRANT
    • 14.4.1 STARS
    • 14.4.2 EMERGING LEADERS
    • 14.4.3 PERVASIVE PLAYERS
    • 14.4.4 PARTICIPANTS
    • FIGURE 48 PHOTOVOLTAIC MARKET: COMPANY EVALUATION QUADRANT, 2021
  • 14.5 START-UP/SME EVALUATION MATRIX
    • TABLE 181 START-UP/SMES IN PHOTOVOLTAIC MARKET
    • 14.5.1 PROGRESSIVE COMPANIES
    • 14.5.2 RESPONSIVE COMPANIES
    • 14.5.3 DYNAMIC COMPANIES
    • 14.5.4 STARTING BLOCKS
    • FIGURE 49 PHOTOVOLTAIC MARKET, START-UP/SME EVALUATION MATRIX, 2021
    • TABLE 182 START-UP MATRIX: DETAILED LIST OF KEY START-UP/SME PLAYERS
    • 14.5.5 COMPETITIVE BENCHMARKING
    • TABLE 183 PHOTOVOLTAIC MARKET: COMPETITIVE BENCHMARKING OF KEY START-UP/SME PLAYERS
  • 14.6 COMPANY FOOTPRINT
    • TABLE 184 COMPANY FOOTPRINT
    • TABLE 185 COMPANY PHOTOVOLTAIC COMPONENT FOOTPRINT
    • TABLE 186 COMPANY APPLICATION FOOTPRINT
    • TABLE 187 COMPANY REGION FOOTPRINT
  • 14.7 COMPETITIVE SITUATIONS AND TRENDS
  • 14.8 KEY MARKET DEVELOPMENTS
    • 14.8.1 PRODUCT LAUNCHES
    • TABLE 188 PRODUCT LAUNCHES, 2019-2022
    • 14.8.2 DEALS
    • TABLE 189 DEALS, 2019-2022
    • 14.8.3 OTHERS
    • TABLE 190 INVESTMENTS AND EXPANSIONS, 2019-2022

15 COMPANY PROFILES

  • 15.1 INTRODUCTION
  • 15.2 KEY PLAYERS
  • (Business Overview, Solutions, Products & Services, Recent Developments, MnM View)**
    • 15.2.1 JINKOSOLAR
    • TABLE 191 JINKO SOLAR: BUSINESS OVERVIEW
    • FIGURE 50 JINKOSOLAR: COMPANY SNAPSHOT
    • 15.2.2 JA SOLAR
    • TABLE 192 JA SOLAR: BUSINESS OVERVIEW
    • 15.2.3 TRINA SOLAR
    • TABLE 193 TRINA SOLAR: BUSINESS OVERVIEW
    • 15.2.4 LONGI
    • TABLE 194 LONGI: BUSINESS OVERVIEW
    • FIGURE 51 LONGI: COMPANY SNAPSHOT
    • 15.2.5 CANADIAN SOLAR
    • TABLE 195 CANADIAN SOLAR: BUSINESS OVERVIEW
    • FIGURE 52 CANADIAN SOLAR: COMPANY SNAPSHOT
    • 15.2.6 FIRST SOLAR
    • TABLE 196 FIRST SOLAR: BUSINESS OVERVIEW
    • FIGURE 53 FIRST SOLAR: COMPANY SNAPSHOT
    • 15.2.7 HANWHA Q CELLS
    • TABLE 197 HANWHA Q CELLS: BUSINESS OVERVIEW
    • 15.2.8 MITSUBISHI ELECTRIC
    • TABLE 198 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 54 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
    • 15.2.9 SHARP
    • TABLE 199 SHARP: BUSINESS OVERVIEW
    • FIGURE 55 SHARP: COMPANY SNAPSHOT
    • 15.2.10 WUXI SUNTECH POWER
    • TABLE 200 WUXI SUNTECH POWER: BUSINESS OVERVIEW
    • 15.2.11 HUAWEI
    • TABLE 201 HUAWEI: BUSINESS OVERVIEW
    • FIGURE 56 HUAWEI: COMPANY SNAPSHOT
    • 15.2.12 SUNGROW POWER SUPPLY
    • TABLE 202 SUNGROW POWER SUPPLY: BUSINESS OVERVIEW
    • FIGURE 57 SUNGROW POWER SUPPLY: COMPANY SNAPSHOT
    • 15.2.13 SMA SOLAR TECHNOLOGY
    • TABLE 203 SMA SOLAR TECHNOLOGY: BUSINESS OVERVIEW
    • FIGURE 58 SMA SOLAR TECHNOLOGY: COMPANY SNAPSHOT
    • 15.2.14 SOLAREDGE
    • TABLE 204 SOLAREDGE: BUSINESS OVERVIEW
    • FIGURE 59 SOLAREDGE: COMPANY SNAPSHOT
    • 15.2.15 ABB
    • TABLE 205 ABB: BUSINESS OVERVIEW
    • FIGURE 60 ABB: COMPANY SNAPSHOT
  • 15.3 OTHER KEY PLAYERS
    • 15.3.1 ARRAY TECHNOLOGIES
    • 15.3.2 CHINT SOLAR (ASTRONERGY)
    • 15.3.3 GCL SYSTEM INTEGRATION TECHNOLOGY
    • 15.3.4 LG ELECTRONICS
    • 15.3.5 NEXTRACKER
    • 15.3.6 RISEN ENERGY
    • 15.3.7 TONGWEI SOLAR
    • 15.3.8 YINGLI SOLAR
    • 15.3.9 ACCIONA S.A
    • 15.3.10 ABENGOA, S.A
    • 15.3.11 TATA POWER SOLAR SYSTEMS
    • 15.3.12 WAAREE ENERGIES LTD
    • 15.3.13 SHUNFENG INTERNATIONAL CLEAN ENERGY LIMITED
    • 15.3.14 EMMVEE PHOTOVOLTAIC POWER PRIVATE LIMITED
    • 15.3.15 ALLEARTH RENEWABLES
    • 15.3.16 EATON CORP.
    • 15.3.17 POWER ELECTRONICS
    • 15.3.18 FIMER
  • *Details on Business Overview, Products, Solutions & Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.

16 APPENDIX

  • 16.1 DISCUSSION GUIDE
  • 16.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 16.3 CUSTOMIZATION OPTIONS
  • 16.4 RELATED REPORTS
  • 16.5 AUTHOR DETAILS