As the global economy recovers in 2021 and the supply of the industrial chain improves, the Crystalline Silicon Solar PV market will undergo major changes. The Crystalline Silicon Solar PV Market is expected to grow at CAGR of 5.3% during the forecast period of 2022-2027. The COVID-19 outbreak had a very slight impact on the market growth and negatively affected the supply chain in Q1 and Q2 2020. In 2020, the global solar PV capacity additions were estimated to be around 107 GW, representing stable growth from 2019. The favorable government regulations and increasing investments in renewable energy will have a positive impact on the growth of the market during the forecast period. However, high initial investment and reduced efficiency of crystalline silicon at very high temperatures restrain the market growth.
The global Crystalline Silicon Solar PV industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Crystalline Silicon Solar PV market during the next few years. The global Crystalline Silicon Solar PV market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
Highlights-Regions
The Crystalline Silicon Solar PV market can be split based on product types, major applications, and important regions as follows:
North America
Europe
Asia Pacific
Latin America
Player list
Hanwha Qcells Co. Ltd.
JA Solar Holdings
SHARP CORPORATION
Canadian Solar Inc.
JinkoSolar Holding Co., Ltd.
Types list
Mono-Crystalline
Poly-Crystalline or Multi Crystalline
Application list
Commercial
Residential
Utility Scale
