Global Solar Cell (Photovoltaic) Equipment Market Growth 2019-2024

Solar Cell is a device made from crystalline silicon or thin film that converts sunlight into electricity by a process known as the photovoltaic effect. There are two key indicators for solar cells: one is cell conversion efficiency, and the other is cell thickness.
Solar Cell (Photovoltaic) Equipment mainly refers to the solar module in photovoltaic industry. Solar module employs light energy (photons) from the sun to generate electricity through the photovoltaic effect. Most of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride (CdTe) or copper indium gallium selenide (CIGS). The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. Most solar modules are rigid, but semi-flexible ones are available, based on thin-film cells.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume. This report mainly covers the Solar Modules product type (Single Crystal Silicon, Polycrystalline Silicon and Other).

Recently, consumption of Solar Cell (Photovoltaic) Equipment changed from Europe to China, USA and Japan. In 2015, consumption of Solar Cell (Photovoltaic) Equipment is about 34 GW for China, USA and Japan. Moreover, the emerging markets, such as India and Southeast Asia, Latin America also have increasing consumption in the past two years.
For the production of Solar Cell (Photovoltaic) Equipment industry, China is still the most indeed market in Solar Cell (Photovoltaic) Equipment industry, Over 50% was manufactured in 2015, and the annual output is more than any single country. Expansion of the capacity, almost 50% occur in China. For the regions, Asia owns the largest market share compared with Europe and USA, indicating the strong demand of Solar Cell (Photovoltaic) Equipment.
The solar cell industry concentration degree is relatively high. For the anti-dumping policies of Europe in 2012, many companies were bankrupted. We think in the next few years, the concentration degree will rise further.

According to this study, over the next five years the Solar Cell (Photovoltaic) Equipment market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Solar Cell (Photovoltaic) Equipment business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Cell (Photovoltaic) Equipment market by product type, application, key manufacturers and key regions and countries.

This study considers the Solar Cell (Photovoltaic) Equipment value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Crystal Silicon
Polycrystalline Silicon
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
Ground Station
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hanwha
First Solar
SunPower
Elkem Solar
Sharp
Kyocera Solar
Solar Frontier
Solarworld
NSP
Trina Solar
Canadian Solar
Jinko Solar
JA Solar
GCL System Integration
Yingli
Shunfeng
ReneSola
Risen
Chint Group
Hareonsolar
Eging PV
CSUN
BYD
HT-SAAE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Solar Cell (Photovoltaic) Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Solar Cell (Photovoltaic) Equipment market by identifying its various subsegments.
Focuses on the key global Solar Cell (Photovoltaic) Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solar Cell (Photovoltaic) Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Solar Cell (Photovoltaic) Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.