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The PV module is the basic building block of the solar electric power generation system. It is used in a dynamic range of applications in multiple end-use industries around the globe. The PV module market has witnessed significant growth during the last two decades due to various process-oriented industries.
The PV module market has seen demand traction due to fall in prices of PV modules and because solar energy is a clean and pure form of energy. In addition, it is witnessing increasing consumption in the industrial segment which holds the largest market share in terms of end-use. In terms of end use industry, the residential segment has been expanding at the highest CAGR (negative) as compared to other segments.
Market Analysis and Insights: Global PV Module Market
The global PV Module market size is projected to reach US$ 30520 million by 2026, from US$ 29140 million in 2020, at a CAGR of 4.4%% during 2021-2026.
Global PV Module Scope and Market Size
PV Module market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global PV Module market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the PV Module market is segmented into
Ground Mounted
Pole Mounted
Rooftop
Segment by Application, the PV Module market is segmented into
Residential
Commercial
Industrial
Regional and Country-level Analysis
The PV Module market is analysed and market size information is provided by regions (countries).
The key regions covered in the PV Module market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
PV Module market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in PV Module business, the date to enter into the PV Module market, PV Module product introduction, recent developments, etc.
The major vendors covered:
Jinko Solar
GCL-Poly Energy Holdings
Canadian Solar
First Solar
Renesola
Trina Solar
Leonics Company
AE Solar GmbH
Itek Energy
Wuxi Suntech Power
The PV module market has seen demand traction due to fall in prices of PV modules and because solar energy is a clean and pure form of energy. In addition, it is witnessing increasing consumption in the industrial segment which holds the largest market share in terms of end-use. In terms of end use industry, the residential segment has been expanding at the highest CAGR (negative) as compared to other segments.
Market Analysis and Insights: Global PV Module Market
The global PV Module market size is projected to reach US$ 30520 million by 2026, from US$ 29140 million in 2020, at a CAGR of 4.4%% during 2021-2026.
Global PV Module Scope and Market Size
PV Module market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global PV Module market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the PV Module market is segmented into
Ground Mounted
Pole Mounted
Rooftop
Segment by Application, the PV Module market is segmented into
Residential
Commercial
Industrial
Regional and Country-level Analysis
The PV Module market is analysed and market size information is provided by regions (countries).
The key regions covered in the PV Module market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and PV Module Market Share AnalysisPV Module market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in PV Module business, the date to enter into the PV Module market, PV Module product introduction, recent developments, etc.
The major vendors covered:
Jinko Solar
GCL-Poly Energy Holdings
Canadian Solar
First Solar
Renesola
Trina Solar
Leonics Company
AE Solar GmbH
Itek Energy
Wuxi Suntech Power
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
