Solar Cell Market - Top Companies and Manufacturers

Companies Dominating the Solar Cell Landscape

Most of the solar cell companies are continuously collaborating, expanding, and adopting joint venture strategies to strengthen their position in the solar cell market revenue share. Moreover, they are investing in research and development to improve the efficiency of solar cells. By promoting clean energy and reducing carbon footprints, they attract environmentally friendly consumers and investors.

Some of the key players include:

Jinko Solar Co.
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Hanwha Qcells GmbH
Alps Technology Inc.
GreenBrilliance Renewable Energy LLP
Hevel Energy Group
Indosolar Limited
Sharp Corporation
Suniva Inc.
Tata Power Solar Systems Ltd.
Panasonic Corporation

Browse Key Market Insights with Data Illustration:

Solar Cell Market Size & Share, Growth Trends 2024-2036

In the News

In August 2022, Hanwha Qcells GmbH acquired about 66% of Hanover-based LYNQTECH GmbH. The goal of Hanwha Q Cells acquisition was to strengthen its position as a comprehensive supplier of clean energy solutions for end users, both residential and commercial.
In May 2022, Jinko Solar Co. signed a dirtributionn agreement with Aldo Solar, as it will receive the newest N-Type ultra-efficiency photovoltaic Tiger Neo modules from JinkoSolar, the leading provider of solar energy products in the country with a market share of over 30% in the Distributed Generation category.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the solar cell market was over USD 127.2 billion.

The market size of the solar cell market is projected to cross USD 1100 billion by the end of 2036 expanding at a CAGR of 18.7% during the forecast period i.e., between 2024-2036.

The major players in the market are Jinko Solar Co., Hanwha Qcells GmbH, Alps Technology Inc., GreenBrilliance Renewable Energy LLP, Hevel Energy Group, Indosolar Limited, Sharp Corporation, Suniva Inc., Tata Power Solar Systems Ltd., Panasonic Corporation, and others.

In terms of material, the crystalline segment is anticipated to garner the largest market share of 58.1% by 2036 and display significant growth opportunities during 2024-2036.

The market in the Asia Pacific is projected to hold the largest market share of 48.2% by the end of 2036 and provide more business opportunities in the future.

Solar Cell Market - Top Companies and Manufacturers

Companies Dominating the Solar Cell Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the solar cell market?

What is the outlook for the solar cell market?

Who are the major players dominating the solar cell market?

Which material segment will capture the significant market share for the solar cell market by 2036?

Which region will provide more business opportunities for the growth of the solar cell market in the future?