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

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Solar Cell Market Size & Share, Growth Trends 2025-2037

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 2025, the industry size of solar cell is assessed at USD 171.33 billion.

The solar cell market size was valued at USD 151.03 billion in 2024 and is expected to reach USD 1.13 trillion by 2037, registering around 16.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by rising focus on renewable energy sources and mitigating greenhouse emissions from oil, coal, and gas.

Asia Pacific industry is set to hold largest revenue share of 48% by 2037, impelled by slated increase in the aerospace landscape coupled with defense as they use more PV energy in the region.

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.

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 much is the solar cell market worth?

Why is the demand for solar cell growing?

Which region dominated the majority of solar cell industry share?

Who are the top solar cell companies?