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Solar Cell Industry Share and Size, Market Analysis, Trends

and Growth, End-use And Segment Forecasts To 2022

Global solar cell market is expected to reach 1,087.5 GW by 2022, according to a new report by Grand
View Research, Inc. Growing demand for clean and reliable energy source coupled with supportive
regulations by various countries in the form of incentives and feed-in-tariffs (FIT) is expected to propel
demand over the forecast period.
Growing need of electricity owing to rapid industrialization coupled with increasing infrastructure
developments particularly in developing economies is expected to fuel solar cell market over the next
seven years. In addition, increase in R&D investments related to increasing performance efficiency of
solar cells as well as reducing system cost by manufacturers is likely to have positive impact towards
growth.
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Further key findings from the report suggest:
Monocrystalline silicon wafer market was over 57 GW in 2014. Increasing demand for the product
particularly in developed economies such as North America promise abundant growth opportunities for
industry participants. Various properties offered by monocrystalline solar cells including compact design,
high efficiency and durability is expected to have positive impact on growth.

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In Asia Pacific, supporting government policies and programs offered by various countries including
India, Indonesia, Japan and China is expected to have positive impact on solar cell market over the next
seven years. Asia Pacific has been a key market for multicrystalline solar cell and this trend is expected
to continue over the forecast period. Rising consumer awareness related to cost effectiveness of
multicrystalline solar cells for residential and commercial applications in this region is expected to propel
demand.
MEA solar cell market is primarily driven by growing demand from UAE. Cost benefits along with
reliability offered by solar systems are expected to propel solar cell demand over the next seven years.
Growing demand for CIGS in building photovoltaics which offer high flexibility improved aesthetic
appearance is expected to drive thin film solar cell market over the forecast period.
Solar PV manufacturers are gradually shifting their focus from multicrystalline to monocrystalline in
order to capitalize on the technological advantages. R&D related to incorporation of magnetic
nanoparticles in solar cell manufacturing to enhance its performance is expected open new avenues
over the next seven years
Table Of Content
Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
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Chapter 2 Executive Summary
Chapter 3 Solar Cell Industry Outlook
3.1 Solar cell market segmentation
3.2 Solar cell market size and growth prospects, 2012 - 2022
3.3 Solar cell value chain analysis
3.4 Raw material outlook
3.5 Technology overview
3.6 Regulatory framework
3.7 Solar cell market dynamics
3.8 Solar cell key opportunities prioritized
3.9 Solar cell Porters analysis
3.10 Solar cell competitive scenario, 2014
3.11 Solar cell PESTEL analysis
3.12 Impact of Paris climate summit on solar cell market

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Chapter 4 Solar Cell Product Outlook
4.1 Global solar cell market share by installed capacity, 2014& 2022
4.2 Silicon wafers
4.3 Thin film
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Chapter 5 Solar Cell Regional Outlook
5.1 Global solar cell market share by region, 2014 & 2022
5.2 North America
5.3 Europe
5.4 Asia Pacific
5.5 LATAM
5.6 MEA
Chapter 6 Competitive Landscape
6.1 First Solar
6.2 SunPower
6.3 Suniva Inc.
6.4 Tata Power Solar Systems Limited
6.5 Sharp Corporation
6.6 Alps Technology Inc.
6.7 Borg Inc.
6.8 Pionis Energy Technologies LLC.
6.9 SolarWorld AG
6.10 Zebra Energy
6.11 GreenBrilliance
6.12 Itek Energy
6.13 Trina Solar Limited
6.14 Canadian Solar Inc.
6.15 JinkoSolar Holding Co. Ltd.
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