The global market for Photovoltaic Modules Re-Use was estimated to be worth US$ 177 million in 2024 and is forecast to a readjusted size of US$ 736 million by 2031 with a CAGR of 22.5% during the forecast period 2025-2031.
Photovoltaic modules re-use refers to the process of extending the life of used solar panels by repurposing or refurbishing them for continued use in new or secondary applications. Instead of being dismantled or recycled immediately after their initial service life, these modules are tested for functionality, cleaned, and then redeployed, often in less demanding environments such as off-grid systems, rural electrification projects, or developing regions. This approach reduces electronic waste, conserves energy and resources, and offers a more sustainable lifecycle for solar energy technologies.
As the global solar energy industry matures, the issue of end-of-life management for photovoltaic (PV) modules is gaining critical attention. A growing number of solar panels installed during the early 2000s are now approaching or surpassing their expected service life, leading to a surge in decommissioned modules. However, many of these panels still retain functional capacity, making them suitable for re-use rather than immediate recycling. The re-use market for photovoltaic modules is thus emerging as a practical and environmentally beneficial solution, especially in the context of circular economy goals and e-waste reduction strategies. In particular, regions with limited access to affordable energy-such as rural areas in Africa, Southeast Asia, and Latin America-are increasingly adopting second-hand solar panels for basic electrification. For solar companies and project developers, re-use presents a cost-effective way to extend the value chain and reduce lifecycle emissions. Challenges remain, including regulatory barriers, quality assurance, and a lack of standardization in testing and certification. However, advancements in diagnostic tools and performance testing are making it easier to verify the condition of used panels, enhancing confidence in second-life systems. In the years ahead, as sustainability targets tighten and material scarcity becomes a greater concern, photovoltaic module re-use is expected to become a strategic element in solar supply chains, supporting not only environmental goals but also expanding global access to renewable energy.
This report aims to provide a comprehensive presentation of the global market for Photovoltaic Modules Re-Use, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Photovoltaic Modules Re-Use by region & country, by Type, and by Application.
The Photovoltaic Modules Re-Use market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photovoltaic Modules Re-Use.
Market Segmentation
By Company
- First Solar
- Veolia
- EIKI SHOJI
- Echo Environmental
- Reiling GmbH
- GET-Green
- NPC Group
- Rinovasol Group
- RecyclePV
Segment by Type
- Monocrystalline Photovoltaic Modules
- Polycrystalline Photovoltaic Modules
- Thin-film Modules
Segment by Application
- Material Reuse
- Component Reuse
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides 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 2: Detailed analysis of Photovoltaic Modules Re-Use company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Photovoltaic Modules Re-Use in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Photovoltaic Modules Re-Use in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Photovoltaic Modules Re-Use Product Introduction
- 1.2 Global Photovoltaic Modules Re-Use Market Size Forecast (2020-2031)
- 1.3 Photovoltaic Modules Re-Use Market Trends & Drivers
- 1.3.1 Photovoltaic Modules Re-Use Industry Trends
- 1.3.2 Photovoltaic Modules Re-Use Market Drivers & Opportunity
- 1.3.3 Photovoltaic Modules Re-Use Market Challenges
- 1.3.4 Photovoltaic Modules Re-Use Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Photovoltaic Modules Re-Use Players Revenue Ranking (2024)
- 2.2 Global Photovoltaic Modules Re-Use Revenue by Company (2020-2025)
- 2.3 Key Companies Photovoltaic Modules Re-Use Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Photovoltaic Modules Re-Use Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Photovoltaic Modules Re-Use
- 2.6 Photovoltaic Modules Re-Use Market Competitive Analysis
- 2.6.1 Photovoltaic Modules Re-Use Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Photovoltaic Modules Re-Use Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Photovoltaic Modules Re-Use as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Monocrystalline Photovoltaic Modules
- 3.1.2 Polycrystalline Photovoltaic Modules
- 3.1.3 Thin-film Modules
- 3.2 Global Photovoltaic Modules Re-Use Sales Value by Type
- 3.2.1 Global Photovoltaic Modules Re-Use Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Photovoltaic Modules Re-Use Sales Value, by Type (2020-2031)
- 3.2.3 Global Photovoltaic Modules Re-Use Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Material Reuse
- 4.1.2 Component Reuse
- 4.2 Global Photovoltaic Modules Re-Use Sales Value by Application
- 4.2.1 Global Photovoltaic Modules Re-Use Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Photovoltaic Modules Re-Use Sales Value, by Application (2020-2031)
- 4.2.3 Global Photovoltaic Modules Re-Use Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Photovoltaic Modules Re-Use Sales Value by Region
- 5.1.1 Global Photovoltaic Modules Re-Use Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Photovoltaic Modules Re-Use Sales Value by Region (2020-2025)
- 5.1.3 Global Photovoltaic Modules Re-Use Sales Value by Region (2026-2031)
- 5.1.4 Global Photovoltaic Modules Re-Use Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 5.2.2 North America Photovoltaic Modules Re-Use Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 5.3.2 Europe Photovoltaic Modules Re-Use Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 5.4.2 Asia Pacific Photovoltaic Modules Re-Use Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 5.5.2 South America Photovoltaic Modules Re-Use Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Photovoltaic Modules Re-Use Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Photovoltaic Modules Re-Use Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.3.2 United States Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.4.2 Europe Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.5.2 China Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.6.2 Japan Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.7.2 South Korea Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.8.2 Southeast Asia Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Photovoltaic Modules Re-Use Sales Value, 2020-2031
- 6.9.2 India Photovoltaic Modules Re-Use Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Photovoltaic Modules Re-Use Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 First Solar
- 7.1.1 First Solar Profile
- 7.1.2 First Solar Main Business
- 7.1.3 First Solar Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.1.4 First Solar Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.1.5 First Solar Recent Developments
- 7.2 Veolia
- 7.2.1 Veolia Profile
- 7.2.2 Veolia Main Business
- 7.2.3 Veolia Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.2.4 Veolia Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.2.5 Veolia Recent Developments
- 7.3 EIKI SHOJI
- 7.3.1 EIKI SHOJI Profile
- 7.3.2 EIKI SHOJI Main Business
- 7.3.3 EIKI SHOJI Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.3.4 EIKI SHOJI Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.3.5 EIKI SHOJI Recent Developments
- 7.4 Echo Environmental
- 7.4.1 Echo Environmental Profile
- 7.4.2 Echo Environmental Main Business
- 7.4.3 Echo Environmental Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.4.4 Echo Environmental Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.4.5 Echo Environmental Recent Developments
- 7.5 Reiling GmbH
- 7.5.1 Reiling GmbH Profile
- 7.5.2 Reiling GmbH Main Business
- 7.5.3 Reiling GmbH Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.5.4 Reiling GmbH Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.5.5 Reiling GmbH Recent Developments
- 7.6 GET-Green
- 7.6.1 GET-Green Profile
- 7.6.2 GET-Green Main Business
- 7.6.3 GET-Green Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.6.4 GET-Green Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.6.5 GET-Green Recent Developments
- 7.7 NPC Group
- 7.7.1 NPC Group Profile
- 7.7.2 NPC Group Main Business
- 7.7.3 NPC Group Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.7.4 NPC Group Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.7.5 NPC Group Recent Developments
- 7.8 Rinovasol Group
- 7.8.1 Rinovasol Group Profile
- 7.8.2 Rinovasol Group Main Business
- 7.8.3 Rinovasol Group Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.8.4 Rinovasol Group Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.8.5 Rinovasol Group Recent Developments
- 7.9 RecyclePV
- 7.9.1 RecyclePV Profile
- 7.9.2 RecyclePV Main Business
- 7.9.3 RecyclePV Photovoltaic Modules Re-Use Products, Services and Solutions
- 7.9.4 RecyclePV Photovoltaic Modules Re-Use Revenue (US$ Million) & (2020-2025)
- 7.9.5 RecyclePV Recent Developments
8 Industry Chain Analysis
- 8.1 Photovoltaic Modules Re-Use Industrial Chain
- 8.2 Photovoltaic Modules Re-Use Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Photovoltaic Modules Re-Use Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Photovoltaic Modules Re-Use Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer