Global PV (Photovoltaics) Supply, Demand and Key Producers, 2026-2032

The global PV (Photovoltaics) market size is expected to reach $ 148210 million by 2032, rising at a market growth of 7.8% CAGR during the forecast period (2026-2032).

Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.

In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume.

Global PV (Photovoltaics) key players include Jinko Solar, Trina Solar, Canadian Solar, Hanwha, JA Solar, etc. Global top five players hold a share about 40%.

China is the largest market, with a share about 30%, followed by North America and Europe, having a total share about 30 percent.

In terms of product, Polycrystalline Silicon is the largest segment, with a share about 60%. And in terms of application, the largest application is Ground Station, followed by Residential, Commercial.

This report studies the global PV (Photovoltaics) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for PV (Photovoltaics) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of PV (Photovoltaics) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global PV (Photovoltaics) total production and demand, 2021-2032, (MW)

Global PV (Photovoltaics) total production value, 2021-2032, (USD Million)

Global PV (Photovoltaics) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MW), (based on production site)

Global PV (Photovoltaics) consumption by region & country, CAGR, 2021-2032 & (MW)

U.S. VS China: PV (Photovoltaics) domestic production, consumption, key domestic manufacturers and share

Global PV (Photovoltaics) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MW)

Global PV (Photovoltaics) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MW)

Global PV (Photovoltaics) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MW)

This report profiles key players in the global PV (Photovoltaics) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Jinko Solar, Trina Solar, Canadian Solar, Hanwha, JA Solar, First Solar, ReneSola, Yingli, SunPower, Eging PV, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World PV (Photovoltaics) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (USD/KW) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global PV (Photovoltaics) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global PV (Photovoltaics) Market, Segmentation by Type:
Single Crystal Silicon
Polycrystalline Silicon
Other

Global PV (Photovoltaics) Market, Segmentation by Application:
Residential
Commercial
Ground Station

Companies Profiled:
Jinko Solar
Trina Solar
Canadian Solar
Hanwha
JA Solar
First Solar
ReneSola
Yingli
SunPower
Eging PV
Chint Group
Shunfeng
Risen
Solarworld
REC Group
CSUN
Hareonsolar
Kyocera Solar
Solar Frontier
HT-SAAE
SoloPower
NSP
Hanergy

Key Questions Answered:

1. How big is the global PV (Photovoltaics) market?

2. What is the demand of the global PV (Photovoltaics) market?

3. What is the year over year growth of the global PV (Photovoltaics) market?

4. What is the production and production value of the global PV (Photovoltaics) market?

5. Who are the key producers in the global PV (Photovoltaics) market?

6. What are the growth factors driving the market demand? Show more