APO RESEARCH · REPORT
PV (Photovoltaics)
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
Product & engineering
Understand the product.
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume.
Selected research
Industry Research
PV (Photovoltaics) Industry Research Report 2026
Market perspective
Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
In this report, the statistical product is considered from the solar module, the statistical data is considered from the shipment volume.
Global PV (Photovoltaics) key players include Jinko Solar, Trina Solar, Canadian Solar, Hanwha, JA Solar, etc. Global top five players hold a share about 40%.
Read the full market overview
China is the largest market, with a share about 30%, followed by North America and Europe, having a total share about 30 percent.
In terms of product, Polycrystalline Silicon is the largest segment, with a share about 60%. And in terms of application, the largest application is Ground Station, followed by Residential, Commercial.
Report Scope
This report quantifies the global PV (Photovoltaics) 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 PV (Photovoltaics).
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.
PV (Photovoltaics) Market by Company
Jinko Solar
Trina Solar
Canadian Solar
Hanwha
JA Solar
First Solar
ReneSola
Yingli
SunPower
Eging PV
Chint Group
Shunfeng
Risen
Solarworld
REC Group
CSUN
Hareonsolar
Kyocera Solar
Solar Frontier
HT-SAAE
SoloPower
NSP
Hanergy
PV (Photovoltaics) Segment by Type
Single Crystal Silicon
Polycrystalline Silicon
Other
PV (Photovoltaics) Segment by Application
Residential
Commercial
Ground Station
PV (Photovoltaics) 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
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 PV (Photovoltaics) 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 PV (Photovoltaics) 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 PV (Photovoltaics).
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 PV (Photovoltaics) 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 PV (Photovoltaics) 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 PV (Photovoltaics) 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
- Single Crystal Silicon
- Polycrystalline Silicon
- Other
Applications
- Residential
- Commercial
- Ground Station
Companies covered
- Jinko Solar
- Trina Solar
- Canadian Solar
- Hanwha
- JA Solar
- First Solar
- ReneSola
- Yingli
- SunPower
- Eging PV
- Chint Group
- Shunfeng
- Risen
- Solarworld
- REC Group
- CSUN
- Hareonsolar
- Kyocera Solar
- Solar Frontier
- HT-SAAE
- SoloPower
- NSP
- Hanergy
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 PV (Photovoltaics) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Single Crystal Silicon
- 2.2.3 Polycrystalline Silicon
- 2.2.4 Other
- 2.3 PV (Photovoltaics) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Residential
- 2.3.3 Commercial
- 2.3.4 Ground Station
- 2.4 Global Market Growth Prospects
- 2.4.1 Global PV (Photovoltaics) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global PV (Photovoltaics) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global PV (Photovoltaics) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global PV (Photovoltaics) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global PV (Photovoltaics) Production by Manufacturers (2021-2026)
- 3.2 Global PV (Photovoltaics) Production Value by Manufacturers (2021-2026)
- 3.3 Global PV (Photovoltaics) Average Price by Manufacturers (2021-2026)
- 3.4 Global PV (Photovoltaics) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global PV (Photovoltaics) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global PV (Photovoltaics) Manufacturers, Product Type & Application
- 3.7 Global PV (Photovoltaics) Manufacturers Established Date
- 3.8 Global PV (Photovoltaics) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Jinko Solar
- 4.1.1 Jinko Solar PV (Photovoltaics) Company Information
- 4.1.2 Jinko Solar PV (Photovoltaics) Business Overview
- 4.1.3 Jinko Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.1.4 Jinko Solar Product Portfolio
- 4.1.5 Jinko Solar Recent Developments
- 4.2 Trina Solar
- 4.2.1 Trina Solar PV (Photovoltaics) Company Information
- 4.2.2 Trina Solar PV (Photovoltaics) Business Overview
- 4.2.3 Trina Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.2.4 Trina Solar Product Portfolio
- 4.2.5 Trina Solar Recent Developments
- 4.3 Canadian Solar
- 4.3.1 Canadian Solar PV (Photovoltaics) Company Information
- 4.3.2 Canadian Solar PV (Photovoltaics) Business Overview
- 4.3.3 Canadian Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.3.4 Canadian Solar Product Portfolio
- 4.3.5 Canadian Solar Recent Developments
- 4.4 Hanwha
- 4.4.1 Hanwha PV (Photovoltaics) Company Information
- 4.4.2 Hanwha PV (Photovoltaics) Business Overview
- 4.4.3 Hanwha PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.4.4 Hanwha Product Portfolio
- 4.4.5 Hanwha Recent Developments
- 4.5 JA Solar
- 4.5.1 JA Solar PV (Photovoltaics) Company Information
- 4.5.2 JA Solar PV (Photovoltaics) Business Overview
- 4.5.3 JA Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.5.4 JA Solar Product Portfolio
- 4.5.5 JA Solar Recent Developments
- 4.6 First Solar
- 4.6.1 First Solar PV (Photovoltaics) Company Information
- 4.6.2 First Solar PV (Photovoltaics) Business Overview
- 4.6.3 First Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.6.4 First Solar Product Portfolio
- 4.6.5 First Solar Recent Developments
- 4.7 ReneSola
- 4.7.1 ReneSola PV (Photovoltaics) Company Information
- 4.7.2 ReneSola PV (Photovoltaics) Business Overview
- 4.7.3 ReneSola PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.7.4 ReneSola Product Portfolio
- 4.7.5 ReneSola Recent Developments
- 4.8 Yingli
- 4.8.1 Yingli PV (Photovoltaics) Company Information
- 4.8.2 Yingli PV (Photovoltaics) Business Overview
- 4.8.3 Yingli PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.8.4 Yingli Product Portfolio
- 4.8.5 Yingli Recent Developments
- 4.9 SunPower
- 4.9.1 SunPower PV (Photovoltaics) Company Information
- 4.9.2 SunPower PV (Photovoltaics) Business Overview
- 4.9.3 SunPower PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.9.4 SunPower Product Portfolio
- 4.9.5 SunPower Recent Developments
- 4.10 Eging PV
- 4.10.1 Eging PV PV (Photovoltaics) Company Information
- 4.10.2 Eging PV PV (Photovoltaics) Business Overview
- 4.10.3 Eging PV PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.10.4 Eging PV Product Portfolio
- 4.10.5 Eging PV Recent Developments
- 4.11 Chint Group
- 4.11.1 Chint Group PV (Photovoltaics) Company Information
- 4.11.2 Chint Group PV (Photovoltaics) Business Overview
- 4.11.3 Chint Group PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.11.4 Chint Group Product Portfolio
- 4.11.5 Chint Group Recent Developments
- 4.12 Shunfeng
- 4.12.1 Shunfeng PV (Photovoltaics) Company Information
- 4.12.2 Shunfeng PV (Photovoltaics) Business Overview
- 4.12.3 Shunfeng PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.12.4 Shunfeng Product Portfolio
- 4.12.5 Shunfeng Recent Developments
- 4.13 Risen
- 4.13.1 Risen PV (Photovoltaics) Company Information
- 4.13.2 Risen PV (Photovoltaics) Business Overview
- 4.13.3 Risen PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.13.4 Risen Product Portfolio
- 4.13.5 Risen Recent Developments
- 4.14 Solarworld
- 4.14.1 Solarworld PV (Photovoltaics) Company Information
- 4.14.2 Solarworld PV (Photovoltaics) Business Overview
- 4.14.3 Solarworld PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.14.4 Solarworld Product Portfolio
- 4.14.5 Solarworld Recent Developments
- 4.15 REC Group
- 4.15.1 REC Group PV (Photovoltaics) Company Information
- 4.15.2 REC Group PV (Photovoltaics) Business Overview
- 4.15.3 REC Group PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.15.4 REC Group Product Portfolio
- 4.15.5 REC Group Recent Developments
- 4.16 CSUN
- 4.16.1 CSUN PV (Photovoltaics) Company Information
- 4.16.2 CSUN PV (Photovoltaics) Business Overview
- 4.16.3 CSUN PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.16.4 CSUN Product Portfolio
- 4.16.5 CSUN Recent Developments
- 4.17 Hareonsolar
- 4.17.1 Hareonsolar PV (Photovoltaics) Company Information
- 4.17.2 Hareonsolar PV (Photovoltaics) Business Overview
- 4.17.3 Hareonsolar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.17.4 Hareonsolar Product Portfolio
- 4.17.5 Hareonsolar Recent Developments
- 4.18 Kyocera Solar
- 4.18.1 Kyocera Solar PV (Photovoltaics) Company Information
- 4.18.2 Kyocera Solar PV (Photovoltaics) Business Overview
- 4.18.3 Kyocera Solar PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.18.4 Kyocera Solar Product Portfolio
- 4.18.5 Kyocera Solar Recent Developments
- 4.19 Solar Frontier
- 4.19.1 Solar Frontier PV (Photovoltaics) Company Information
- 4.19.2 Solar Frontier PV (Photovoltaics) Business Overview
- 4.19.3 Solar Frontier PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.19.4 Solar Frontier Product Portfolio
- 4.19.5 Solar Frontier Recent Developments
- 4.20 HT-SAAE
- 4.20.1 HT-SAAE PV (Photovoltaics) Company Information
- 4.20.2 HT-SAAE PV (Photovoltaics) Business Overview
- 4.20.3 HT-SAAE PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.20.4 HT-SAAE Product Portfolio
- 4.20.5 HT-SAAE Recent Developments
- 4.21 SoloPower
- 4.21.1 SoloPower PV (Photovoltaics) Company Information
- 4.21.2 SoloPower PV (Photovoltaics) Business Overview
- 4.21.3 SoloPower PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.21.4 SoloPower Product Portfolio
- 4.21.5 SoloPower Recent Developments
- 4.22 NSP
- 4.22.1 NSP PV (Photovoltaics) Company Information
- 4.22.2 NSP PV (Photovoltaics) Business Overview
- 4.22.3 NSP PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.22.4 NSP Product Portfolio
- 4.22.5 NSP Recent Developments
- 4.23 Hanergy
- 4.23.1 Hanergy PV (Photovoltaics) Company Information
- 4.23.2 Hanergy PV (Photovoltaics) Business Overview
- 4.23.3 Hanergy PV (Photovoltaics) Production, Value and Gross Margin (2021-2026)
- 4.23.4 Hanergy Product Portfolio
- 4.23.5 Hanergy Recent Developments
5 Global PV (Photovoltaics) Production by Region
- 5.1 Global PV (Photovoltaics) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global PV (Photovoltaics) Production by Region: 2021-2032
- 5.2.1 Global PV (Photovoltaics) Production by Region: 2021-2026
- 5.2.2 Global PV (Photovoltaics) Production Forecast by Region (2027-2032)
- 5.3 Global PV (Photovoltaics) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global PV (Photovoltaics) Production Value by Region: 2021-2032
- 5.4.1 Global PV (Photovoltaics) Production Value by Region: 2021-2026
- 5.4.2 Global PV (Photovoltaics) Production Value Forecast by Region (2027-2032)
- 5.5 Global PV (Photovoltaics) Market Price Analysis by Region (2021-2026)
- 5.6 Global PV (Photovoltaics) Production and Value, YOY Growth
- 5.6.1 North America PV (Photovoltaics) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe PV (Photovoltaics) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China PV (Photovoltaics) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan PV (Photovoltaics) Production Value Estimates and Forecasts (2021-2032)
6 Global PV (Photovoltaics) Consumption by Region
- 6.1 Global PV (Photovoltaics) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global PV (Photovoltaics) Consumption by Region (2021-2032)
- 6.2.1 Global PV (Photovoltaics) Consumption by Region: 2021-2026
- 6.2.2 Global PV (Photovoltaics) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America PV (Photovoltaics) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America PV (Photovoltaics) 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 PV (Photovoltaics) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe PV (Photovoltaics) 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 PV (Photovoltaics) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific PV (Photovoltaics) 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 PV (Photovoltaics) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa PV (Photovoltaics) 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 PV (Photovoltaics) Production by Type (2021-2032)
- 7.1.1 Global PV (Photovoltaics) Production by Type (2021-2032) & (MW)
- 7.1.2 Global PV (Photovoltaics) Production Market Share by Type (2021-2032)
- 7.2 Global PV (Photovoltaics) Production Value by Type (2021-2032)
- 7.2.1 Global PV (Photovoltaics) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global PV (Photovoltaics) Production Value Market Share by Type (2021-2032)
- 7.3 Global PV (Photovoltaics) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global PV (Photovoltaics) Production by Application (2021-2032)
- 8.1.1 Global PV (Photovoltaics) Production by Application (2021-2032) & (MW)
- 8.1.2 Global PV (Photovoltaics) Production Market Share by Application (2021-2032)
- 8.2 Global PV (Photovoltaics) Production Value by Application (2021-2032)
- 8.2.1 Global PV (Photovoltaics) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global PV (Photovoltaics) Production Value Market Share by Application (2021-2032)
- 8.3 Global PV (Photovoltaics) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 PV (Photovoltaics) Value Chain Analysis
- 9.1.1 PV (Photovoltaics) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 PV (Photovoltaics) Production Mode & Process
- 9.2 PV (Photovoltaics) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 PV (Photovoltaics) Distributors
- 9.2.3 PV (Photovoltaics) Customers
10 Global PV (Photovoltaics) Analyzing Market Dynamics
- 10.1 PV (Photovoltaics) Industry Trends
- 10.2 PV (Photovoltaics) Industry Drivers
- 10.3 PV (Photovoltaics) Industry Opportunities and Challenges
- 10.4 PV (Photovoltaics) Industry Restraints
11 Report Conclusion
12 Disclaimer
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