Solar Photovoltaic Wafer Market to Grow by 73.71 GW | Technavio

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NEW YORK, Feb. 17, 2022 /PRNewswire/ — The solar photovoltaic wafer market is expected to grow by 73.71 gigawatts from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 14.80% during the forecast period.

Attractive Opportunities in Solar Photovoltaic Wafer Market by End-user and Geography - Forecast and Analysis 2022-2026

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Solar Photovoltaic Wafer Market 2022-2026: Scope

The solar photovoltaic wafer market report covers the following areas:

  • Solar Photovoltaic Wafer Market Size
  • Solar Photovoltaic Wafer Market Trends
  • Solar Photovoltaic Wafer Market Industry Analysis

Frequently Asked Questions:

  • Based on segmentation by end-user, which is the leading segment in the market?

    Based on segmentation by end-user, the utility segment will be the leading segment during the forecast period.
  • What are the major trends in the market? 

    Advances in power electronics used in solar PV systems is one of the major trends in the market.
  • At what year-over-year growth rate is the market projected to grow in 2022?

    In 2022, the market is expected to grow at a year-over-year growth rate of 13.04%.
  • How big is the APAC market?

    44% of the market’s growth will originate from APAC during the forecast period.

Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CETC Solar Energy Holdings Co. Ltd., GCL Poly Energy Holdings Ltd, GlobalWafers Singapore Pte Ltd., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., Lanco Infratech Ltd., Longi green energy technology Co. Ltd., Sino-American Silicon Products Inc., SOLARWORLD Africa Pty Ltd., and Targray Technology International Inc. are some of the major market participants. The key offerings of some of these vendors are listed below:

  • CETC Solar Energy Holdings Co. Ltd. – The company offers manufacture and sale of solar products such as solar wafers, solar ingots, and solar cells.
  • GCL Poly Energy Holdings Ltd – The company offers such as GCL S4 multi wafer, GCL TS multi wafer, and GCL G4 ingotting mono wafer.
  • JA Solar Technology Co. Ltd. – The company offers silicon wafers, cells, and modules to complete photovoltaic power systems.

Solar Photovoltaic Wafer Market 2022-2026: Segmentation

  • End-user
    • Utility
    • Commercial
    • Residential
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

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Value Chain Analysis

The value chain of the renewable electricity market, which is the parent market of the solar photovoltaic wafer market, includes the following core components:

  • Inputs
  • Operations
  • Marketing and sales
  • Aftermarket and service
  • Support activities
  • Industry innovation

Solar Photovoltaic Wafer Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist solar photovoltaic wafer market growth during the next five years
  • Estimation of the solar photovoltaic wafer market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the solar photovoltaic wafer market across APAC, Europe, North America, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of solar photovoltaic wafer market vendors

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Related Reports:

Renewable Energy Market by Type and Geography – Forecast and Analysis 2022-2026

Solar Power Market by Technology and Application – Forecast and Analysis 2022-2026

Solar Photovoltaic Wafer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 14.80%

Market growth 2022-2026

73.71 GW

Market structure

Fragmented

YoY growth (%)

13.04

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

China, US, Japan, Germany, and Vietnam

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

CETC Solar Energy Holdings Co. Ltd., GCL Poly Energy Holdings Ltd, GlobalWafers Singapore Pte Ltd., JA Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., Lanco Infratech Ltd., Longi green energy technology Co. Ltd., Sino-American Silicon Products Inc., SOLARWORLD Africa Pty Ltd., and Targray Technology International Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Utility – Market size and forecast 2021-2026
  • Commercial – Market size and forecast 2021-2026
  • Residential – Market size and forecast 2021-2026
  • Market opportunity by End-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2021-2026
  • Europe – Market size and forecast 2021-2026
  • North America – Market size and forecast 2021-2026
  • South America – Market size and forecast 2021-2026
  • MEA – Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • CETC Solar Energy Holdings Co. Ltd.
  • GCL Poly Energy Holdings Ltd
  • GlobalWafers Singapore Pte Ltd.
  • JA Solar Technology Co. Ltd.
  • JinkoSolar Holding Co. Ltd.
  • Lanco Infratech Ltd.
  • Longi green energy technology Co. Ltd.
  • Sino-American Silicon Products Inc.
  • SOLARWORLD Africa Pty Ltd.
  • Targray Technology International Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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