Global Sputtering Targets for Solar Cells Market Growth 2025-2031

The global Sputtering Targets for Solar Cells market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Sputtering targets for solar cells are mainly square plates, and the requirements for purity are not as high as those for semiconductor chips, generally above 99.99%. Currently, sputtering targets commonly used for preparing solar cells include aluminum targets, copper targets, molybdenum targets, chromium targets, ITO targets, and AZO targets (aluminum zinc oxide). Among them, aluminum targets and copper targets are used for conductive layer films, molybdenum targets and chromium targets are used for barrier layer films, and ITO targets and AZO targets are used for transparent conductive layer films.

It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China"s photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan"s newly installed photovoltaic capacity was 3.422 GW.

LP Information, Inc. (LPI) ' newest research report, the “Sputtering Targets for Solar Cells Industry Forecast” looks at past sales and reviews total world Sputtering Targets for Solar Cells sales in 2024, providing a comprehensive analysis by region and market sector of projected Sputtering Targets for Solar Cells sales for 2025 through 2031. With Sputtering Targets for Solar Cells sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sputtering Targets for Solar Cells industry.

This Insight Report provides a comprehensive analysis of the global Sputtering Targets for Solar Cells landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sputtering Targets for Solar Cells portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sputtering Targets for Solar Cells market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sputtering Targets for Solar Cells and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sputtering Targets for Solar Cells.

This report presents a comprehensive overview, market shares, and growth opportunities of Sputtering Targets for Solar Cells market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Aluminum Target
Copper Target
Molybdenum Target
Chromium Target

Segmentation by Application:
Silicon Thin Film Cell
Battery Pack
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Plansee Group
Advanced Nano Products Co.,Ltd（ANP）
HIMET MATERIALS LLC
SCI Engineered Materials
ACI Alloys
Admat
AGC Ceramics
Angstrom Sciences
Aurion Anlagentechnik
Avaluxe International
Elmet Technologies
Evochem
Feldco International
Goodfellow Cambridge
Heraeus Holding
Himet Materials
Hitachi Metals
Longhua Technology Group(Luoyang)Co.,Ltd
Changsha Xinkang Advanced Materials Co., Ltd
Advanced Engineering Materials Limited (AEM)
Konfoong Materials International Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sputtering Targets for Solar Cells market?

What factors are driving Sputtering Targets for Solar Cells market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sputtering Targets for Solar Cells market opportunities vary by end market size?

How does Sputtering Targets for Solar Cells break out by Type, by Application?

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