Research Summary
Photovoltaic (PV) modules, commonly known as solar panels, are devices designed to capture sunlight and convert it into electricity. These modules consist of interconnected solar cells made typically from crystalline silicon or other semiconductor materials. When exposed to sunlight, these cells generate a flow of direct current (DC) electricity through the photovoltaic effect. PV modules are structured with a protective layer of tempered glass on the front, encapsulation materials to shield the cells, and a backsheet for additional protection. They are the fundamental building blocks of solar energy systems, whether used in residential, commercial, or utility-scale installations. PV modules are key components in harnessing solar power for various applications, contributing to sustainable and renewable energy solutions worldwide.
According to DIResearch's in-depth investigation and research, the global PV Modules market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of PV Modules include JA Solar, Yingli, Trina Solar, Canadian Solar, Kyocera Solar, Solar Frontier, Jinko Solar, SFCE, ReneSola, Hanwha Solar, REC Group, First Solar, SunPower etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of PV Modules. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global PV Modules market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the PV Modules market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of PV Modules industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of PV Modules Include:
JA Solar
Yingli
Trina Solar
Canadian Solar
Kyocera Solar
Solar Frontier
Jinko Solar
SFCE
ReneSola
Hanwha Solar
REC Group
First Solar
SunPower
PV Modules Product Segment Include:
Monocrystalline Silicon PV Modules
Polycrystalline Silicon PV Modules
Thin-Film PV Modules
Other
PV Modules Product Application Include:
Photovoltaic Power Station
Building Integrated Photovoltaics
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global PV Modules Industry PESTEL Analysis
Chapter 3: Global PV Modules Industry Porter’s Five Forces Analysis
Chapter 4: Global PV Modules Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global PV Modules Market Size and Forecast by Type and Application Analysis
Chapter 6: North America PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa PV Modules Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global PV Modules Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 PV Modules Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 PV Modules Product by Type
- 1.2.1 Monocrystalline Silicon PV Modules
- 1.2.2 Polycrystalline Silicon PV Modules
- 1.2.3 Thin-Film PV Modules
- 1.2.4 Other
- 1.3 PV Modules Product by Application
- 1.3.1 Photovoltaic Power Station
- 1.3.2 Building Integrated Photovoltaics
- 1.3.3 Other
- 1.4 Global PV Modules Market Revenue and Sales Analysis
- 1.4.1 Global PV Modules Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global PV Modules Sales Market Size Analysis (2020-2032)
- 1.4.3 Global PV Modules Market Sales Price Trend Analysis (2020-2032)
- 1.5 PV Modules Industry Trends and Innovation
- 1.5.1 PV Modules Industry Trends and Innovation
- 1.5.2 PV Modules Market Drivers and Challenges
- 2 PV Modules Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 PV Modules Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global PV Modules Market Analysis by Regions
- 4.1 Global PV Modules Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global PV Modules Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global PV Modules Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global PV Modules Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global PV Modules Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global PV Modules Sales and Market Share by Region (2020-2025)
- 4.3.2 Global PV Modules Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global PV Modules Sales Price Trend Analysis (2020-2032)
- 5 Global PV Modules Market Size by Type and Application
- 5.1 Global PV Modules Market Size by Type
- 5.1.1 Global PV Modules Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global PV Modules Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global PV Modules Market Size by Application
- 5.2.1 Global PV Modules Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global PV Modules Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America PV Modules Market Size by Type
- 6.3.1 North America PV Modules Sales by Type (2020-2032)
- 6.3.2 North America PV Modules Revenue by Type (2020-2032)
- 6.4 North America PV Modules Market Size by Application
- 6.4.1 North America PV Modules Sales by Application (2020-2032)
- 6.4.2 North America PV Modules Revenue by Application (2020-2032)
- 6.5 North America PV Modules Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe PV Modules Market Size by Type
- 7.3.1 Europe PV Modules Sales by Type (2020-2032)
- 7.3.2 Europe PV Modules Revenue by Type (2020-2032)
- 7.4 Europe PV Modules Market Size by Application
- 7.4.1 Europe PV Modules Sales by Application (2020-2032)
- 7.4.2 Europe PV Modules Revenue by Application (2020-2032)
- 7.5 Europe PV Modules Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China PV Modules Market Size by Type
- 8.3.1 China PV Modules Sales by Type (2020-2032)
- 8.3.2 China PV Modules Revenue by Type (2020-2032)
- 8.4 China PV Modules Market Size by Application
- 8.4.1 China PV Modules Sales by Application (2020-2032)
- 8.4.2 China PV Modules Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) PV Modules Market Size by Type
- 9.3.1 APAC (excl. China) PV Modules Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) PV Modules Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) PV Modules Market Size by Application
- 9.4.1 APAC (excl. China) PV Modules Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) PV Modules Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) PV Modules Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America PV Modules Market Size by Type
- 10.3.1 Latin America PV Modules Sales by Type (2020-2032)
- 10.3.2 Latin America PV Modules Revenue by Type (2020-2032)
- 10.4 Latin America PV Modules Market Size by Application
- 10.4.1 Latin America PV Modules Sales by Application (2020-2032)
- 10.4.2 Latin America PV Modules Revenue by Application (2020-2032)
- 10.5 Latin America PV Modules Market Size by Country
- 10.6 Latin America PV Modules Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa PV Modules Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa PV Modules Market Size by Type
- 11.3.1 Middle East & Africa PV Modules Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa PV Modules Revenue by Type (2020-2032)
- 11.4 Middle East & Africa PV Modules Market Size by Application
- 11.4.1 Middle East & Africa PV Modules Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa PV Modules Revenue by Application (2020-2032)
- 11.5 Middle East PV Modules Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global PV Modules Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global PV Modules Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global PV Modules Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global PV Modules Average Sales Price by Manufacturers (2021-2025)
- 12.2 PV Modules Competitive Landscape Analysis and Market Dynamic
- 12.2.1 PV Modules Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 JA Solar
- 13.1.1 JA Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 JA Solar PV Modules Product Portfolio
- 13.1.3 JA Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 Yingli
- 13.2.1 Yingli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Yingli PV Modules Product Portfolio
- 13.2.3 Yingli PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 Trina Solar
- 13.3.1 Trina Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 Trina Solar PV Modules Product Portfolio
- 13.3.3 Trina Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 Canadian Solar
- 13.4.1 Canadian Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Canadian Solar PV Modules Product Portfolio
- 13.4.3 Canadian Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 Kyocera Solar
- 13.5.1 Kyocera Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 Kyocera Solar PV Modules Product Portfolio
- 13.5.3 Kyocera Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Solar Frontier
- 13.6.1 Solar Frontier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Solar Frontier PV Modules Product Portfolio
- 13.6.3 Solar Frontier PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 Jinko Solar
- 13.7.1 Jinko Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Jinko Solar PV Modules Product Portfolio
- 13.7.3 Jinko Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 SFCE
- 13.8.1 SFCE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 SFCE PV Modules Product Portfolio
- 13.8.3 SFCE PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 ReneSola
- 13.9.1 ReneSola Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 ReneSola PV Modules Product Portfolio
- 13.9.3 ReneSola PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 Hanwha Solar
- 13.10.1 Hanwha Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Hanwha Solar PV Modules Product Portfolio
- 13.10.3 Hanwha Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 REC Group
- 13.11.1 REC Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 REC Group PV Modules Product Portfolio
- 13.11.3 REC Group PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.12 First Solar
- 13.12.1 First Solar Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 First Solar PV Modules Product Portfolio
- 13.12.3 First Solar PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.13 SunPower
- 13.13.1 SunPower Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 SunPower PV Modules Product Portfolio
- 13.13.3 SunPower PV Modules Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 PV Modules Industry Chain Analysis
- 14.2 PV Modules Industry Raw Material and Suppliers Analysis
- 14.2.1 PV Modules Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 PV Modules Typical Downstream Customers
- 14.4 PV Modules Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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