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Global Monocrystalline Silicon Market 2018-2022

Global Monocrystalline Silicon Market 2018-2022

About Monocrystalline Silicon

Monocrystalline silicon, also known as single-crystal silicon, is made of pure silicon in an ordered and continuous single crystal structure. It is generally used as a light absorbing material in photovoltaic applications.

Technavio’s analysts forecast the global monocrystalline silicon market to grow at a CAGR of 8.91% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global monocrystalline silicon market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Monocrystalline Silicon Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • JA SOLAR
  • Jinko Solar
  • LONGi Solar
  • Shin-Etsu Chemical
  • SUMCO CORPORATION
Market driver
  • Increasing demand for solar energy
  • For a full, detailed list, view our report
Market challenge
  • Disadvantages of monocrystalline solar panels
  • For a full, detailed list, view our report
Market trend
  • Development of thin-film monocrystalline silicon materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Monocrystalline Silicon Market 2018-2022

Technavio recognizes the following companies as the key players in the global monocrystalline silicon market: JA SOLAR, Jinko Solar, LONGi Solar, Shin-Etsu Chemical, and SUMCO CORPORATION.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of thin-film monocrystalline silicon materials. Manufacturers are focusing on the development of thin films made of monocrystalline silicon materials. The application of these thin films in solar panels boosts its productivity and results in the production of cost-effective and efficient solar panels.”

According to the report, one driver in the market is increasing demand for solar energy. Solar energy does not cause emissions, which in turn, propels the demand for photovoltaic panels that convert sunlight to electricity. As a result, the demand for monocrystalline silicon is also rising as it is widely used in the manufacturing of photovoltaic panels. Research analysis on the global monocrystalline silicon market identifies that the increasing demand for solar energy will be one of the major factors that will have a positive impact on the growth of the market.

Further, the report states that one challenge in the market is disadvantages of monocrystalline solar panels. Monocrystalline silicon-based solar panels are fragile and increase losses during the manufacturing process. Solar panels are installed in open environments, and they are vulnerable to damages caused by objects carried by the wind. Safety glasses protect these panels from external damages.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market: Global crystalline silicon market
      • Table Segments of global crystalline silicon market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global monocrystalline silicone market: Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global monocrystalline silicon market - Market size and forecast 2017-2022 ($ mn)
      • Table Global monocrystalline silicon market- Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Photovoltaics - Market size and forecast 2017- 2022
      • Table Photovoltaics - Market size and forecast 2017-2022 ($ mn)
      • Table Photovoltaics - Year-over-year growth 2018-2022 (%)
    • Electronics - Market size and forecast 2017-2022
      • Table Electronics - Market size and forecast 2017-2022 ($ mn)
      • Table Electronics - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global monocrystalline silicon market by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global photovoltaic system installations - Year-over-year growth 2005-2016 (%)
    • Market challenges
      • Table Comparison of silicon material used in solar panels
  • Market trends
    • Development of thin-film monocrystalline silicon materials
    • Impositions of tariffs expected to affect solar photovoltaic system installation in the US
    • Reduction in price gap between monocrystalline silicon and polycrystalline silicon
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • JA SOLAR
      • Table Vendor overview: JA SOLAR
      • Table JA SOLAR - Business segments
      • Table JA SOLAR - Organizational developments
      • Table JA SOLAR - Geographic focus
      • Table JA SOLAR - Key offerings
    • Jinko Solar
      • Table Vendor overview: Jinko Solar
      • Table Jinko Solar - Business segments
      • Table Jinko Solar - Organizational developments
      • Table Jinko Solar - Geographic focus
      • Table Jinko Solar - Key offerings
    • LONGi Solar
      • Table Vendor overview: LONGi Solar
      • Table LONGi Solar - Business segments
      • Table LONGi Solar - Organizational developments
      • Table LONGi Solar - Geographic focus
      • Table LONGi Solar - Key offerings
    • Shin-Etsu Chemical
      • Table Vendor overview: Shin-Etsu Chemical
      • Table Shin-Etsu Chemical - Business segments
      • Table Shin-Etsu Chemical - Organizational developments
      • Table Shin-Etsu Chemical - Geographic focus
      • Table Shin-Etsu Chemical - Key offerings
    • SUMCO CORPORATION
      • Table Vendor overview: SUMCO CORPORATION
      • Table SUMCO CORPORATION - Business segments
      • Table SUMCO CORPORATION - Organizational developments
      • Table SUMCO CORPORATION - Geographic focus
      • Table SUMCO CORPORATION - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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