With 16 years of renewable energy industry focus, Dedalus Consulting delivers intelligence coverage that offers the most comprehensive data and analysis available. Our published research report is in its 8th edition. This comprehensive industry report provides a detailed breakdown of the technology and market dynamics driving the global solar power equipment sector. Quantitative and qualitative analyses are presented for the years 2024 through 2040, and the report has been completely revised and updated to present up-to-date trends and forecasts covering photovoltaic modules, inverters, mounting systems, and balance of system components across utility-scale, commercial, and residential installations.
Global markets are broken down by consumption ($mm) by country, end-user segment, equipment type, technology generation, application, capacity range, distribution channels, and competitor.
Scope of Coverage
Summary of Report Contents
Our published research has been industry proven as a consistently reliable source of market intelligence for many years. Through our work publishing research reports and consulting on energy equipment markets, we have been able to offer clients valuable insights into new and existing markets.
The report contains over 150 pages and over 125 charts/graphs.
Scope of Coverage
The following categories present how the data was developed, organized and is presented. Breaking the data into specific categories is essential to analyze and draw meaningful insights. The breakdowns are designed to highlight key patterns and trends in the data, as well as to facilitate comparisons between different groups or segments.
Each section contains quantitative market data including market by consumption value (US$Millions), volume (UnitsMillions) and average selling price (US$/Unit). Data tables and visualizations include breakdowns by country, end-user industry & applications, operating frequencies, packaging and connector types, and supplier sales & market share.
Data and analysis is available for the years 2024-2030.
Research Objectives
The primary objectives in this analysis are:
- to provide clients with the tools they need to accurately assess their market opportunities and potential;
- to determine regional solar energy production capacity by year through 2024, 2030, and 2040;
- to determine the size of total market for solar energy consumption and production equipment by country, end-user industry, and application;
- to forecast future growth in each product by geographic and end-use market; and
- to assess the competitive environment within the market including supplier sales and market share by year.
Methodology & Sources
Dedalus Consulting employs all current market and competitive intelligence techniques in order to ensure comprehensive research and analysis. This includes primary and secondary research. The research methodology applies generally to all database services, published and custom research. It can also be modified to suit a project and the client’s specific objectives.
To read more about our methodology, please see our dedicated methodology page.
Solar Equipment Markets Covered
- Semiconductors
- Glass
- Anti-Reflective Coating
- Silicon Dioxide
- Titanium Dioxide
- Indium-tin Dioxide
- Other
- Balance of Systems
- Inverters/Converters
- Batteries
- Charge Controllers
- Mounting Systems
- Tracking Systems
- Other
Solar Energy Types Covered
- Photovoltaics (PV)
- First Generation
- Second Generation
- Third Generation
Geographic Coverage
- Africa
- Australia
- Brazil
- Canada
- China
- France
- Germany
- India
- Italy
- Japan
- Korea
- Mexico
- Middle East
- Russia
- Singapore
- Spain
- Sweden
- Switzerland
- Taiwan
- United Kingdom
- United States
- Other Asia/Pacific
- Other CIS
- Other EU
- Other Europe
- Other Latin America
- Rest of World
End-User Markets
- Aerospace
- Automotive
- Chemical Processing
- Communications
- Commercial
- Construction
- Defense/Military/Government
- Electronics
- Food Processing
- Machining
- Medical/Research
- Oil, Gas & Mining
- Paper & Pulp Industry
- Power Generation
- Residential
- Transportation
- Other
Timeframe
- Ulysses™ Data Subscription Service *
- Standard Package: 2024-2030
- Published Research
- 2024 base year
- 2019 estimated
- Forecasts: 2025-2030
Table of Contents
Section 1: Technology Overview
Types of Energy Defined
- Coal
- Oil
- Natural Gas
- Nuclear
- Renewable Energy
- Solar
- Wind
- Biofuels
- Hydro-electric
- Geothermal
Comparison of Types
Process of Energy Generation for PV Technology
Products and Equipment & Advanced Materials Used
- Panel
- Semiconductors (N-type, P-type): Polysilicon
- Single crystalline silicon
- Multi crystalline silicon
- Amorphous silicon
- Copper indium diselenide (CIS)
- Cadmium telluride (CdTe)
- Thin-film silicon
- Gallium arsenide (GaAs)
- Wafers and Ingots
- Modules
- Crystalline
- Single crystalline silicon
- Multi crystalline silicon
- Thin-Film
- Amorphous silicon
- Copper indium diselenide (CIS)
- Cadmium telluride (CdTe)
- Thin-film silicon
- Gallium arsenide (GaAs)
- Concentrating PV (High, Low)
- Glass
- Anti-reflective coating
- Titanium dioxide
- Indium tin dioxide
- Silicon Nitride
- Silica
- Solgel
- Zirconium oxide
- Silicon dioxide
- Balance of Systems H3
Three Generations of Solar Cells (Applications)
- First Generation: Single Junction Silicon Cells
- Single Crystal Silicon
- Multi-Crystal Silicon
- Second Generation: Thin Film Cells
- Cadmium Telluride
- CIGS
- Amorphous Silicon
- Third Generation: Multi-Junction Cells
- Dye Sensitized Solar Cells
- OPV
- Titanium Dioxide Nanoparticles
- Quantum Dots
- Hot-Carrier
- Intermediate Band-Gap
- Collodial QD
- Infrared
Comparison of Types
- Technology
- Efficiency (Commercial/Laboratory) by Type
- Cost (PPW) by Type
- Most Used/Produced
Transmission and Distribution
- Off-Grid versus Grid-Tied Photovoltaics
Technology Advancements/Research and Development
- Crystalline Silicon
- Thin-Film Cells
- Multijunction Cells
- OPV
- Dye-Sensitized
- Concentrated Photovoltaics
Section 2: Market Overview
Executive Summary
- Trends by Product Type
- Trends by Region
- Trends by Technology
- Future Outlook: 2024-2025
Comparison of Type of Alternative Energy by Type
Global Demand of Energy (All Types)
PV Demand by Region
- Europe
- Americas
- MEA
- Asia-Pacific
- China
- ROW
Global Demand of PV Energy by Year
Major Producers of PV Technology (Cumulative Installed)
- Germany
- Spain
- Italy
- Japan
- USA
- China
- France
- Australia
- UK
- India
- ROW
Major Producers of PV Technology (Added (2024) Installed)
- Germany
- Spain
- Italy
- Japan
- USA
- China
- France
- Australia
- UK
- India
- ROW
Major PV Companies 2024 Revenue/Marketshare
- Trina Solar
- Canadian Solar
- Yingli Solar
- Hanwha SolarOne
- Jinko Solar
- JA Solar
- ReneSola
- First Solar
- Sunpower
- Kyocera
- Sharp
- Solarworld
- SMA
- Other
PV Market by Application (Installed Capacity)
- First Generation
- Second Generation
- Third Generation
Global Consumption of PV Energy by End-User
- Residential
- Non-residential
- Utility
Total PV Equipment Market
- Semiconductor
- Glass
- ARC
- Inverters
- Batteries
- Mounting Equipment
- Tracking Equipment
- Other
Factors Affecting the Demand for PV Energy
Future Outlook for PV Energy
- Demand Trends
- Technological Advancement/R&D
- Materials
- Energy Generation
- Transmission & Distribution
- Social/Political Factors
Section 3: Modules/Semiconductors (Polysilicon)/Wafers
Polysilicon Demand by Region (Tons, Bn USD)
- Europe
- Americas
- MEA
- Asia-Pacific
- China
- ROW
Global Demand of Polysilicon by Country
- Germany
- Spain
- Italy
- Japan
- USA
- China
- France
- Australia
- UK
- India
- ROW
Polysilicon Market by End-User
- Solar/PV Industry
- Semiconductor Industry
Polysilicon Historical Pricing
Polysilicon Historical Pricing
Demand of Polysilicon by Module Type
- Single crystal
- Multi crystal
Polysilicon Companies Production Capacity and Market Share
- GCL-Poly
- Wacker Polysilicon
- Hemlock Semiconductor Corp
- OCI
- REC Silicon
- SunEdison Inc
- Tokuyama
- M.Seteck Co
- TBEA Silicon
- Daqo New Energy
- Other
Semiconductor Manufacturers
- TSMC
- Globalfoundries
- UMC
- Samsung Electronics
- SMIC
- Powerchip Technologies
- TowerJazz
- Vanguard International
- Hoahong Grace Semiconductor
- Other
Semiconductor Vendors
- Intel
- Samsung Electronics
- SK Hynix
- Qualcomm
- Micron
- TI
- Toshiba
- Broadcom
- STMicroelectronics
- Infineon
- Other
Wafer Pricing
Wafer Capacity by Module Type
- Monocrystalline
- Multicrystalline
Wafer Manufacturers Capacity/Production
Future Outlook
Section 4: Anti-Reflective Coating/Glass
Global Demand of Flat Glass by Region
- Asia Pacific
- North America
- Latin America
- Europe
- Africa
- Middle East
- Other
Flat Glass Market by End-User
- Automotive
- Furniture/Internal
- Building windows
- Solar
- Other
Glass Market by PV Generation
Glass Sales and Market Share
- Asahi
- Saint-Gobain
- Guardian
- PPG
- NSG
- Other
Global Demand for Anti Reflective Coating
ARC Demand by End-User
- Automotive
- Solar
- Eyewear
- Electronics
- Other
ARC Market by Generation
ARC Sales and Market Share
- PPG
- Rodenstock Gmbh
- Honeywell
- DSM
- Guardian
- Pilkington
- ACG
- Carl Zeiss AG
- Essilor
- Hoya Corp
- Other
Glass/ARC Future Outlook
Section 5: Balance of Systems
Balance of Systems Markets by Product
- Electrical
- Structural
- Monitoring/Testing
- Other
Electrical Market by Product
- Inverters
- Batteries
- Other
Inverter By Type
Batteries by Type
- Lead Acid
- Lead Carbon
- Lithium Ion
- Other
Structural Market by Product
- Mounting Systems
- Trackers
Mounting Systems by Type
Tracking Systems by Type
BoS Market by End-User
- Residential
- Non-Residential
- Utility
Global Demand of BoS by Region
- Asia Pacific
- North America
- Latin America
- Europe
- Africa
- Middle East
Competitive Environment
- Supplier Sales and Market Shares
- Factors Affecting Competition
Future Outlook
Section 6: Global PV Market by Country
- Germany
- Italy
- Rest of EU
- Japan
- China
- Rest of Asia
- USA
- ROW