태양광 모듈 시장 규모, 점유율, 성장 분석 : 기술별, 설치 방식별, 효율별, 사이즈별, 계통 연계 방식별, 용도별, 지역별 - 업계 예측(2026-2033년)

Photovoltaic Modules Market size was valued at USD 196.14 Billion in 2024 and is poised to grow from USD 210.07 Billion in 2025 to USD 363.64 Billion by 2033, growing at a CAGR of 7.1% during the forecast period (2026-2033).

The photovoltaic (PV) modules market is undergoing substantial growth, fueled by rising renewable energy demand, favorable government policies, and a decrease in PV module prices. Investment in solar power projects is also on the rise, positioning solar energy as a significant contributor to new power capacity additions globally. However, challenges persist, primarily due to the initial high setup costs of solar systems and the intermittent nature of solar energy, necessitating energy storage solutions. Noteworthy trends include advancements in technology, such as bifacial and floating solar panels, as well as the increasing adoption of solar power in rapidly developing markets. These dynamics present vast opportunities for innovation and expansion, particularly as solar applications expand into electric vehicles and smart grid solutions.

Top-down and bottom-up approaches were used to estimate and validate the size of the Photovoltaic Modules market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Photovoltaic Modules Market Segments Analysis

Global Photovoltaic Modules Market is segmented by Technology, Mounting Type, Efficiency, Size, Grid Type, Application and region. Based on Technology, the market is segmented into Monocrystalline Solar Cells, Polycrystalline Solar Cells, Thin-film Solar Cells and Perovskite Solar Cells. Based on Mounting Type, the market is segmented into Rooftop Solar Panels and Ground-Mounted Solar Panels. Based on Efficiency, the market is segmented into 15-20%, 20-25% and Above 25%. Based on Size, the market is segmented into Small (<100 W), Medium (100-500 W) and Large (>500 W). Based on Grid Type, the market is segmented into On Grid and Off Grid. Based on Application, the market is segmented into Residential, Commercial, Industrial and Utility-Scale Solar Power Plants. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Photovoltaic Modules Market

A significant factor propelling the photovoltaic modules market is the implementation of supportive government initiatives and policies that encourage the use of renewable energy sources. Various regions are actively promoting objectives aimed at enhancing the share of renewable energy, which includes significant commitments to achieve carbon neutrality and ambitious installation targets for solar energy capacity. These initiatives often facilitate financial incentives, subsidies, and regulatory frameworks that make the adoption of photovoltaic technology more accessible and appealing to both consumers and businesses. Consequently, such government-driven efforts are crucial in bolstering the demand for photovoltaic modules and stimulating overall market growth.

Restraints in the Photovoltaic Modules Market

The Photovoltaic Modules market faces key challenges due to the substantial upfront costs linked to installation. The expense of photovoltaic systems is largely dictated by factors such as system size and the quality of materials, which can make it financially burdensome for residential and smaller-scale projects. Additionally, limited financing options available to potential buyers contribute to the market's restraint. Furthermore, a general lack of awareness among consumers regarding the long-term advantages of solar energy complicates efforts to promote adoption. These factors collectively hinder the expansion and accessibility of photovoltaic modules in various segments of the market.

Market Trends of the Photovoltaic Modules Market

The photovoltaic modules market is experiencing a notable trend towards the integration of energy storage systems, facilitating enhanced energy management and reliability. As consumers seek greater energy independence, the synergy between solar panels and storage solutions allows users to capture surplus energy produced during sunlight hours, which can then be utilized during non-generating periods or peak demand, significantly reducing dependence on traditional grid sources. This dual approach not only maximizes energy efficiency but also offers a safeguard against power outages, promoting sustainability and resilience in energy consumption. The growing adoption of innovative storage technologies underscores a shift towards smarter, more autonomous energy systems.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Patent Analysis

Global Photovoltaic Modules Market Size by Technology & CAGR (2026-2033)

• Market Overview
• Monocrystalline Solar Cells
• Polycrystalline Solar Cells
• Thin-film Solar Cells
• Perovskite Solar Cells

Global Photovoltaic Modules Market Size by Mounting Type & CAGR (2026-2033)

• Market Overview
• Rooftop Solar Panels
• Ground-Mounted Solar Panels

Global Photovoltaic Modules Market Size by Efficiency & CAGR (2026-2033)

• Market Overview
• 15-20%
• 20-25%
• Above 25%

Global Photovoltaic Modules Market Size by Size & CAGR (2026-2033)

• Market Overview
• Small (<100 W)
• Medium (100-500 W)
• Large (>500 W)

Global Photovoltaic Modules Market Size by Grid Type & CAGR (2026-2033)

• Market Overview
• On Grid
• Off Grid

Global Photovoltaic Modules Market Size by Application & CAGR (2026-2033)

• Market Overview
• Residential
• Commercial
• Industrial
• Utility-Scale Solar Power Plants

Global Photovoltaic Modules Market Size & CAGR (2026-2033)

• North America (Technology, Mounting Type, Efficiency, Size, Grid Type, Application)
  • US
  • Canada
• Europe (Technology, Mounting Type, Efficiency, Size, Grid Type, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Technology, Mounting Type, Efficiency, Size, Grid Type, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Technology, Mounting Type, Efficiency, Size, Grid Type, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Technology, Mounting Type, Efficiency, Size, Grid Type, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• LONGi Green Energy Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JinkoSolar Holding Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trina Solar Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JA Solar Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Canadian Solar Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Risen Energy Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chint Solar (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tongwei Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DAS Solar (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GCL System Integration Technology Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• First Solar, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hanwha Q CELLS Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SunPower Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yingli Green Energy Holding Company Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Seraphim Solar System Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Suntech Power Holdings Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Astronergy (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Talesun Solar (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Electronics Inc. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations