APO RESEARCH · REPORT
Solar Cells and Modules
A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
Product & engineering
Understand the product.
A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
A PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
Selected research
Industry Research
Solar Cells and Modules Industry Research Report 2026
Market perspective
A solar cell or photovoltaic (PV) cell is a semiconductor device that converts light directly into electricity by the photovoltaic effect. The most common material in solar cell production is purified silicon that can be applied in different ways.
A PV module is an assembly of photo-voltaic cells mounted in a framework for installation. Photo-voltaic cells use sunlight as a source of energy and generate direct current electricity. A collection of PV modules is called a PV Panel, and a system of Panels is an Array. Arrays of a photovoltaic system supply solar electricity to electrical equipment.
JinkoSolar, JA Solar, Canadian Solar, Trina Solar and Hanwha Solutions are the top 5 of Solar Cells and Modules, with about 47% market shares. Asia-Pacific has the largest global export quantity and manufacturers in Solar Cells and Modules market, nearly 62%, while Europe is the second sales volume market for Solar Cells and Modules at around 20% in 2019. Si-wafer based PV technology accounted for about 93% of the total sales in 2019. The share of mono-crystalline technology is now about 64% of total sales. Solar cells and modules can be divided into monocrystalline silicon modules, polycrystalline silicon modules, CdTe modules, CIGS modules, and amorphous silicon modules. It can be applied to photovoltaic power stations, commercial advertisements and residential buildings.
Read the full market overview
Report Scope
This report quantifies the global Solar Cells and Modules market in revenue (US$ million) and, where applicable, sales volume (MW), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MW) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Solar Cells and Modules.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Solar Cells and Modules Market by Company
JinkoSolar
LONGi
JA Solar
First Solar
Canadian Solar
Trina Solar
Hanwha Solutions
Risen Energy
Seraphim
SunPower
Chint Electrics
Solargiga
Shunfeng
LG Business Solutions
Jinergy
GCL System
EGing PV
Jolywood
Talesun Solar
Solar Cells and Modules Segment by Type
Mono-Si Modules
Multi-Si Modules
CdTe Modules
CIGS Modules
A-Si Modules
Others
Solar Cells and Modules Segment by Application
PV Power Station
Commercial
Residential
Others
Solar Cells and Modules Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Solar Cells and Modules market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Solar Cells and Modules and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Solar Cells and Modules.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Solar Cells and Modules manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Solar Cells and Modules by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Solar Cells and Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Mono-Si Modules
- Multi-Si Modules
- CdTe Modules
- CIGS Modules
- A-Si Modules
- Others
Applications
- PV Power Station
- Commercial
- Residential
- Others
Companies covered
- JinkoSolar
- LONGi
- JA Solar
- First Solar
- Canadian Solar
- Trina Solar
- Hanwha Solutions
- Risen Energy
- Seraphim
- SunPower
- Chint Electrics
- Solargiga
- Shunfeng
- LG Business Solutions
- Jinergy
- GCL System
- EGing PV
- Jolywood
- Talesun Solar
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Solar Cells and Modules by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Mono-Si Modules
- 2.2.3 Multi-Si Modules
- 2.2.4 CdTe Modules
- 2.2.5 CIGS Modules
- 2.2.6 A-Si Modules
- 2.2.7 Others
- 2.3 Solar Cells and Modules by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 PV Power Station
- 2.3.3 Commercial
- 2.3.4 Residential
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Solar Cells and Modules Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Solar Cells and Modules Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Solar Cells and Modules Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Solar Cells and Modules Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Solar Cells and Modules Production by Manufacturers (2021-2026)
- 3.2 Global Solar Cells and Modules Production Value by Manufacturers (2021-2026)
- 3.3 Global Solar Cells and Modules Average Price by Manufacturers (2021-2026)
- 3.4 Global Solar Cells and Modules Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Solar Cells and Modules Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Solar Cells and Modules Manufacturers, Product Type & Application
- 3.7 Global Solar Cells and Modules Manufacturers Established Date
- 3.8 Global Solar Cells and Modules Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 JinkoSolar
- 4.1.1 JinkoSolar Solar Cells and Modules Company Information
- 4.1.2 JinkoSolar Solar Cells and Modules Business Overview
- 4.1.3 JinkoSolar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.1.4 JinkoSolar Product Portfolio
- 4.1.5 JinkoSolar Recent Developments
- 4.2 LONGi
- 4.2.1 LONGi Solar Cells and Modules Company Information
- 4.2.2 LONGi Solar Cells and Modules Business Overview
- 4.2.3 LONGi Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.2.4 LONGi Product Portfolio
- 4.2.5 LONGi Recent Developments
- 4.3 JA Solar
- 4.3.1 JA Solar Solar Cells and Modules Company Information
- 4.3.2 JA Solar Solar Cells and Modules Business Overview
- 4.3.3 JA Solar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.3.4 JA Solar Product Portfolio
- 4.3.5 JA Solar Recent Developments
- 4.4 First Solar
- 4.4.1 First Solar Solar Cells and Modules Company Information
- 4.4.2 First Solar Solar Cells and Modules Business Overview
- 4.4.3 First Solar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.4.4 First Solar Product Portfolio
- 4.4.5 First Solar Recent Developments
- 4.5 Canadian Solar
- 4.5.1 Canadian Solar Solar Cells and Modules Company Information
- 4.5.2 Canadian Solar Solar Cells and Modules Business Overview
- 4.5.3 Canadian Solar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.5.4 Canadian Solar Product Portfolio
- 4.5.5 Canadian Solar Recent Developments
- 4.6 Trina Solar
- 4.6.1 Trina Solar Solar Cells and Modules Company Information
- 4.6.2 Trina Solar Solar Cells and Modules Business Overview
- 4.6.3 Trina Solar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.6.4 Trina Solar Product Portfolio
- 4.6.5 Trina Solar Recent Developments
- 4.7 Hanwha Solutions
- 4.7.1 Hanwha Solutions Solar Cells and Modules Company Information
- 4.7.2 Hanwha Solutions Solar Cells and Modules Business Overview
- 4.7.3 Hanwha Solutions Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.7.4 Hanwha Solutions Product Portfolio
- 4.7.5 Hanwha Solutions Recent Developments
- 4.8 Risen Energy
- 4.8.1 Risen Energy Solar Cells and Modules Company Information
- 4.8.2 Risen Energy Solar Cells and Modules Business Overview
- 4.8.3 Risen Energy Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.8.4 Risen Energy Product Portfolio
- 4.8.5 Risen Energy Recent Developments
- 4.9 Seraphim
- 4.9.1 Seraphim Solar Cells and Modules Company Information
- 4.9.2 Seraphim Solar Cells and Modules Business Overview
- 4.9.3 Seraphim Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.9.4 Seraphim Product Portfolio
- 4.9.5 Seraphim Recent Developments
- 4.10 SunPower
- 4.10.1 SunPower Solar Cells and Modules Company Information
- 4.10.2 SunPower Solar Cells and Modules Business Overview
- 4.10.3 SunPower Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.10.4 SunPower Product Portfolio
- 4.10.5 SunPower Recent Developments
- 4.11 Chint Electrics
- 4.11.1 Chint Electrics Solar Cells and Modules Company Information
- 4.11.2 Chint Electrics Solar Cells and Modules Business Overview
- 4.11.3 Chint Electrics Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.11.4 Chint Electrics Product Portfolio
- 4.11.5 Chint Electrics Recent Developments
- 4.12 Solargiga
- 4.12.1 Solargiga Solar Cells and Modules Company Information
- 4.12.2 Solargiga Solar Cells and Modules Business Overview
- 4.12.3 Solargiga Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.12.4 Solargiga Product Portfolio
- 4.12.5 Solargiga Recent Developments
- 4.13 Shunfeng
- 4.13.1 Shunfeng Solar Cells and Modules Company Information
- 4.13.2 Shunfeng Solar Cells and Modules Business Overview
- 4.13.3 Shunfeng Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.13.4 Shunfeng Product Portfolio
- 4.13.5 Shunfeng Recent Developments
- 4.14 LG Business Solutions
- 4.14.1 LG Business Solutions Solar Cells and Modules Company Information
- 4.14.2 LG Business Solutions Solar Cells and Modules Business Overview
- 4.14.3 LG Business Solutions Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.14.4 LG Business Solutions Product Portfolio
- 4.14.5 LG Business Solutions Recent Developments
- 4.15 Jinergy
- 4.15.1 Jinergy Solar Cells and Modules Company Information
- 4.15.2 Jinergy Solar Cells and Modules Business Overview
- 4.15.3 Jinergy Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.15.4 Jinergy Product Portfolio
- 4.15.5 Jinergy Recent Developments
- 4.16 GCL System
- 4.16.1 GCL System Solar Cells and Modules Company Information
- 4.16.2 GCL System Solar Cells and Modules Business Overview
- 4.16.3 GCL System Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.16.4 GCL System Product Portfolio
- 4.16.5 GCL System Recent Developments
- 4.17 EGing PV
- 4.17.1 EGing PV Solar Cells and Modules Company Information
- 4.17.2 EGing PV Solar Cells and Modules Business Overview
- 4.17.3 EGing PV Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.17.4 EGing PV Product Portfolio
- 4.17.5 EGing PV Recent Developments
- 4.18 Jolywood
- 4.18.1 Jolywood Solar Cells and Modules Company Information
- 4.18.2 Jolywood Solar Cells and Modules Business Overview
- 4.18.3 Jolywood Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.18.4 Jolywood Product Portfolio
- 4.18.5 Jolywood Recent Developments
- 4.19 Talesun Solar
- 4.19.1 Talesun Solar Solar Cells and Modules Company Information
- 4.19.2 Talesun Solar Solar Cells and Modules Business Overview
- 4.19.3 Talesun Solar Solar Cells and Modules Production, Value and Gross Margin (2021-2026)
- 4.19.4 Talesun Solar Product Portfolio
- 4.19.5 Talesun Solar Recent Developments
5 Global Solar Cells and Modules Production by Region
- 5.1 Global Solar Cells and Modules Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Solar Cells and Modules Production by Region: 2021-2032
- 5.2.1 Global Solar Cells and Modules Production by Region: 2021-2026
- 5.2.2 Global Solar Cells and Modules Production Forecast by Region (2027-2032)
- 5.3 Global Solar Cells and Modules Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Solar Cells and Modules Production Value by Region: 2021-2032
- 5.4.1 Global Solar Cells and Modules Production Value by Region: 2021-2026
- 5.4.2 Global Solar Cells and Modules Production Value Forecast by Region (2027-2032)
- 5.5 Global Solar Cells and Modules Market Price Analysis by Region (2021-2026)
- 5.6 Global Solar Cells and Modules Production and Value, YOY Growth
- 5.6.1 North America Solar Cells and Modules Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Solar Cells and Modules Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Solar Cells and Modules Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Solar Cells and Modules Production Value Estimates and Forecasts (2021-2032)
6 Global Solar Cells and Modules Consumption by Region
- 6.1 Global Solar Cells and Modules Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Solar Cells and Modules Consumption by Region (2021-2032)
- 6.2.1 Global Solar Cells and Modules Consumption by Region: 2021-2026
- 6.2.2 Global Solar Cells and Modules Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Solar Cells and Modules Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Solar Cells and Modules Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Solar Cells and Modules Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Solar Cells and Modules Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Solar Cells and Modules Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Solar Cells and Modules Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Solar Cells and Modules Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Solar Cells and Modules Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Solar Cells and Modules Production by Type (2021-2032)
- 7.1.1 Global Solar Cells and Modules Production by Type (2021-2032) & (MW)
- 7.1.2 Global Solar Cells and Modules Production Market Share by Type (2021-2032)
- 7.2 Global Solar Cells and Modules Production Value by Type (2021-2032)
- 7.2.1 Global Solar Cells and Modules Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Solar Cells and Modules Production Value Market Share by Type (2021-2032)
- 7.3 Global Solar Cells and Modules Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Solar Cells and Modules Production by Application (2021-2032)
- 8.1.1 Global Solar Cells and Modules Production by Application (2021-2032) & (MW)
- 8.1.2 Global Solar Cells and Modules Production Market Share by Application (2021-2032)
- 8.2 Global Solar Cells and Modules Production Value by Application (2021-2032)
- 8.2.1 Global Solar Cells and Modules Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Solar Cells and Modules Production Value Market Share by Application (2021-2032)
- 8.3 Global Solar Cells and Modules Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Solar Cells and Modules Value Chain Analysis
- 9.1.1 Solar Cells and Modules Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Solar Cells and Modules Production Mode & Process
- 9.2 Solar Cells and Modules Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Solar Cells and Modules Distributors
- 9.2.3 Solar Cells and Modules Customers
10 Global Solar Cells and Modules Analyzing Market Dynamics
- 10.1 Solar Cells and Modules Industry Trends
- 10.2 Solar Cells and Modules Industry Drivers
- 10.3 Solar Cells and Modules Industry Opportunities and Challenges
- 10.4 Solar Cells and Modules Industry Restraints
11 Report Conclusion
12 Disclaimer
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