Solar PV Module Market to see Rapid Growth by 2028

The global solar photovoltaic modules market is expected to reach USD 260.2 billion by 2028, at a CAGR of 7.4% from 2022 to 2028. A solar photovoltaic module is a silicon-based layered semiconductor module that can generate electricity from sunlight. This photovoltaic effect is created by the flow of electrons inside the module, which can be maximized by increasing the hours of exposure to the sun. In recent years, solar photovoltaic modules have dominated the renewable energy market, due to the ability of solar energy to achieve grid parity, as conventional energy resources and technological development use sunlight as an energy source in order to generate direct current electricity through photovoltaic cells.

Company Profile

• JA Solar
• Trina Solar
• LONGi Solar
• Canadian Solar
• SunPower Corporation
• First Solar
• Hanwha Q-CELLS
• Risen Energy

Market Segmentation

By Technology

• Thin Film
• Crystalline Silicon

By Product

• Monocrystalline
• Polycrystalline
• Cadmium Telluride
• Amorphous Silicon
• Copper Indium Gallium Diselenide

Scope of the Report

The research study analyzes the Solar PV Module Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Solar PV Module Market Report

1. What was the Solar PV Module Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Solar PV Module Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Solar PV Module Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Solar PV Module Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Solar PV Module
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Solar PV Module
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Solar PV Module Market.