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Global Solar Cell Market Analysis & Trends - Industry Forecast to 2025

Global Solar Cell Market Analysis & Trends - Industry Forecast to 2025

The Global Solar cells Market is poised to grow strong during the forecast period 2017 to 2025. Some of the prominent trends that the market is witnessing include increasing demand for copper indium gallium selenide (CIGS) in building photovoltaics is anticipated to drive thin film solar cell market, rising penetration of renewable energy sources is anticipated to propel market growth and recent technological developments of solar cells.
Based on grid, the market is categorized into off grid and on-grid.
By technology, the market is segmented by ultra thin film pv cells, crystalline silicon pv cells and thin film PV cells.

On application basis, the market is divided into utility, residential and commercial.

Based on product, the market is divided into amorphous silicon, thin film solar pannel, copper indium gallium selenide, polycrystalline, cadmium telluride and silicon wafer.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Technology Analysis
1.5 Application Analysis
1.6 Product Analysis
1.7 Strategic Benchmarking
1.8 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Increasing demand for Copper Indium Gallium Selenide (CIGS) in building photovoltaics is anticipated to drive thin film solar cell market
3.1.2 Rising penetration of renewable energy sources is anticipated to propel market growth
3.1.3 Recent Technological Developments of Solar Cells
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Solar Cell Market, By Grid
4.1 Off Grid
4.1.1 Off Grid Market Forecast to 2024 (US$ MN)
4.2 On-Grid
4.2.1 On-Grid Market Forecast to 2024 (US$ MN)
5 Solar Cell Market, By Technology
5.1 Ultra Thin Film PV Cells
5.1.1 Ultra Thin Film PV Cells Market Forecast to 2024 (US$ MN)
5.2 Crystalline Silicon PV Cells
5.2.1 Crystalline Silicon PV Cells Market Forecast to 2024 (US$ MN)
5.3 Thin Film PV Cells
5.3.1 Thin Film PV Cells Market Forecast to 2024 (US$ MN)
6 Solar Cell Market, By Application
6.1 Utility
6.1.1 Utility Market Forecast to 2024 (US$ MN)
6.2 Residential
6.2.1 Residential Market Forecast to 2024 (US$ MN)
6.3 Commercial
6.3.1 Commercial Market Forecast to 2024 (US$ MN)
7 Solar Cell Market, By Product
7.1 Amorphous silicon
7.1.1 Amorphous silicon Market Forecast to 2025 (US$ MN)
7.2 Thin Film Solar Pannel
7.2.1 Thin Film Solar Pannel Market Forecast to 2025 (US$ MN)
7.3 Copper Indium Gallium Selenide
7.3.1 Copper Indium Gallium Selenide Market Forecast to 2025 (US$ MN)
7.4 Polycrystalline
7.4.1 Polycrystalline Market Forecast to 2025 (US$ MN)
7.5 Cadmium Telluride
7.5.1 Cadmium Telluride Market Forecast to 2025 (US$ MN)
7.6 Silicon Wafer
7.6.1 Silicon Wafer Market Forecast to 2025 (US$ MN)
7.6.1.1 Monocrystalline
7.6.1.1.1 Monocrystalline Market Forecast to 2025 (US$ MN)
7.6.1.2 Multicrystalline
7.6.1.2.1 Multicrystalline Market Forecast to 2025 (US$ MN)
8 Solar Cell Market, By Geography
8.1 North America
8.1.1 North America Market Forecast by Countries to 2025 (US$ MN)
8.1.1.1 US
8.1.1.2 Canada
8.1.1.3 Mexico
8.2 Europe
8.2.1 Europe Market Forecast by Countries to 2025 (US$ MN)
8.2.1.1 Germany
8.2.1.2 U.K
8.2.1.3 Italy
8.2.1.4 France
8.2.1.5 Spain
8.2.1.6 Rest of Europe
8.3 Asia Pacific
8.3.1 Asia Pacific Market Forecast by Countries to 2025 (US$ MN)
8.3.1.1 China
8.3.1.2 Japan
8.3.1.3 India
8.3.1.4 Australia
8.3.1.5 New Zealand
8.3.1.6 Rest of Asia Pacific
8.4 Middle East
8.4.1 Middle East Market Forecast by Countries to 2025 (US$ MN)
8.4.1.1 Saudi Arabia
8.4.1.2 UAE
8.4.1.3 Rest of Middle East
8.5 Latin America
8.5.1 Latin America Market Forecast by Countries to 2025 (US$ MN)
8.5.1.1 Argentina
8.5.1.2 Brazil
8.5.1.3 Rest of Latin America
8.6 Rest of the World (RoW)
8.6.1 RoW Market Forecast by Countries to 2025 (US$ MN)
8.6.1.1 South Africa
8.6.1.2 Others
9 Key Player Activities
9.1 Mergers & Acquisitions
9.2 Partnerships, Joint Venture’s, Collaborations and Agreements
9.3 Product Launch & Expansions
9.4 Other Activities
10 Leading Companies
10.1 Canadian Solar
10.2 Moser Baer India Ltd
10.3 Yingli Solar
10.4 Sunedison, Inc.
10.5 First Solar
10.6 Mitsubishi Electric Corporation
10.7 Indosolar
10.8 GreenBrilliance
10.9 Trina Solar
10.10 SunPower Corporation
10.11 Tata Power Solar Systems Ltd
10.12 SolarWorld
10.13 Jinko Solar
List Of Tables
Table 1 Global Solar Cell Market Outlook, By Region (2014-2025) (US$ MN)
Table 2 Global Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 3 Global Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 4 Global Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 5 Global Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 6 Global Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 7 Global Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 8 Global Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 9 Global Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 10 Global Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 11 Global Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 12 Global Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 13 Global Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 14 Global Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 15 Global Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 16 Global Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 17 Global Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 18 Global Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 19 Global Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 20 Global Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 21 Global Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 22 North America Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 23 North America Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 24 North America Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 25 North America Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 26 North America Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 27 North America Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 28 North America Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 29 North America Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 30 North America Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 31 North America Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 32 North America Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 33 North America Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 34 North America Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 35 North America Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 36 North America Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 37 North America Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 38 North America Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 39 North America Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 40 North America Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 41 North America Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 42 North America Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 43 Europe Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 44 Europe Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 45 Europe Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 46 Europe Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 47 Europe Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 48 Europe Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 49 Europe Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 50 Europe Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 51 Europe Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 52 Europe Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 53 Europe Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 54 Europe Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 55 Europe Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 56 Europe Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 57 Europe Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 58 Europe Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 59 Europe Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 60 Europe Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 61 Europe Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 62 Europe Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 63 Europe Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 64 Asia Pacific Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 65 Asia Pacific Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 66 Asia Pacific Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 67 Asia Pacific Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 68 Asia Pacific Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 69 Asia Pacific Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 70 Asia Pacific Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 71 Asia Pacific Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 72 Asia Pacific Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 73 Asia Pacific Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 74 Asia Pacific Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 75 Asia Pacific Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 76 Asia Pacific Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 77 Asia Pacific Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 78 Asia Pacific Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 79 Asia Pacific Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 80 Asia Pacific Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 81 Asia Pacific Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 82 Asia Pacific Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 83 Asia Pacific Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 84 Asia Pacific Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 85 Middle East Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 86 Middle East Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 87 Middle East Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 88 Middle East Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 89 Middle East Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 90 Middle East Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 91 Middle East Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 92 Middle East Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 93 Middle East Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 94 Middle East Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 95 Middle East Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 96 Middle East Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 97 Middle East Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 98 Middle East Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 99 Middle East Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 100 Middle East Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 101 Middle East Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 102 Middle East Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 103 Middle East Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 104 Middle East Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 105 Middle East Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 106 Latin America Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 107 Latin America Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 108 Latin America Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 109 Latin America Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 110 Latin America Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 111 Latin America Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 112 Latin America Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 113 Latin America Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 114 Latin America Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 115 Latin America Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 116 Latin America Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 117 Latin America Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 118 Latin America Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 119 Latin America Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 120 Latin America Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 121 Latin America Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 122 Latin America Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 123 Latin America Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 124 Latin America Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 125 Latin America Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 126 Latin America Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)
Table 127 RoW Solar Cell Market Outlook, By Country (2014-2025) (US$ MN)
Table 128 RoW Solar Cell Market Outlook, By Grid (2014-2025) (US$ MN)
Table 129 RoW Solar Cell Market Outlook, By Off Grid (2014-2025) (US$ MN)
Table 130 RoW Solar Cell Market Outlook, By On-Grid (2014-2025) (US$ MN)
Table 131 RoW Solar Cell Market Outlook, By Technology (2014-2025) (US$ MN)
Table 132 RoW Solar Cell Market Outlook, By Ultra Thin Film PV Cells (2014-2025) (US$ MN)
Table 133 RoW Solar Cell Market Outlook, By Crystalline Silicon PV Cells (2014-2025) (US$ MN)
Table 134 RoW Solar Cell Market Outlook, By Thin Film PV Cells (2014-2025) (US$ MN)
Table 135 RoW Solar Cell Market Outlook, By Application (2014-2025) (US$ MN)
Table 136 RoW Solar Cell Market Outlook, By Utility (2014-2025) (US$ MN)
Table 137 RoW Solar Cell Market Outlook, By Residential (2014-2025) (US$ MN)
Table 138 RoW Solar Cell Market Outlook, By Commercial (2014-2025) (US$ MN)
Table 139 RoW Solar Cell Market Outlook, By Product (2014-2025) (US$ MN)
Table 140 RoW Solar Cell Market Outlook, By Amorphous silicon (2014-2025) (US$ MN)
Table 141 RoW Solar Cell Market Outlook, By Thin Film Solar Pannel (2014-2025) (US$ MN)
Table 142 RoW Solar Cell Market Outlook, By Copper Indium Gallium Selenide (2014-2025) (US$ MN)
Table 143 RoW Solar Cell Market Outlook, By Polycrystalline (2014-2025) (US$ MN)
Table 144 RoW Solar Cell Market Outlook, By Cadmium Telluride (2014-2025) (US$ MN)
Table 145 RoW Solar Cell Market Outlook, By Silicon Wafer (2014-2025) (US$ MN)
Table 146 RoW Solar Cell Market Outlook, By Monocrystalline (2014-2025) (US$ MN)
Table 147 RoW Solar Cell Market Outlook, By MulticrystallinE (2014-2025) (US$ MN)

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