세계의 HJT(이질 접합) 태양전지 시장 규모 : 유형별, 용도별, 지역 범위별, 예측

HJT (Heterojunction) Solar Cell Market Size And Forecast

HJT (Heterojunction) Solar Cell Market size was valued at USD 2.47 Billion in 2024 and is projected to reach USD 13.7 Billion by 2032, growing at a CAGR of 15.24% from 2026 to 2032.

Heterojunction (HJT) solar cells are a combination of crystalline silicon with thin layers of amorphous silicon, HJT solar cells are anticipated to offer significant improvements in energy conversion rates compared to traditional silicon-based cells.

The application of HJT technology is projected to expand across various sectors, including residential, commercial, and industrial installations, due to its high efficiency and enhanced performance in diverse environmental conditions.

The growing adoption of HJT solar cells can be attributed to their superior attributes, such as reduced energy losses and better temperature coefficients, which contribute to increased energy output and overall system reliability.

The market for HJT solar cells is expected to experience robust growth, driven by advancements in manufacturing technologies and a rising demand for efficient renewable energy solutions.

Factors such as technological innovation, decreasing production costs, and supportive government policies are likely to accelerate the development and deployment of HJT solar cells globally.

Global HJT (Heterojunction) Solar Cell Market Dynamics

The key market dynamics that are shaping the global HJT (heterojunction) solar cell market include:

Key Drivers:

High Efficiency and Performance: High efficiency and performance of HJT solar cells are anticipated to drive their market growth significantly. Due to their ability to achieve higher energy conversion rates compared to traditional silicon cells, HJT technology is projected to capture an increasing share of the photovoltaic market. The highest efficiency for HJT solar cells was achieved by LONGi, which set a new world record of 26.81% in mass production, surpassing the previous record of 26.7% set by an unspecified Japanese manufacturer in 2017, likely Kaneka.

Renewable Energy: Growing demand for renewable energy sources is expected to fuel the adoption of HJT solar cells. As global efforts to reduce carbon emissions intensify, HJT technology is likely to be increasingly favored for its superior energy output and sustainability benefits. According to the International Energy Agency (IEA), renewable energy capacity additions in 2020 rose by 45% to 280 GW, the largest year-on-year increase since 1999. Solar PV installations accounted for 139 GW of this growth, highlighting the increasing demand for solar energy solutions.

Technological Advancements: Increasing technological advancements in the manufacturing processes of HJT solar cells are projected to enhance their market presence. Innovations in production techniques are anticipated to lower costs and improve performance, making HJT solar cells more competitive.

Government Support and Incentives: Rising government support and incentives for renewable energy projects are expected to bolster the HJT solar cell market. Policies and subsidies aimed at promoting clean energy technologies are likely to accelerate the adoption of HJT solar cells.

Energy Efficiency in Building Applications: High demand for energy efficiency in building applications is projected to contribute to the growth of the HJT solar cell market. As energy-efficient building designs become more prevalent, the superior performance of HJT solar cells is anticipated to meet the increasing requirements for sustainable energy solutions.

Key Challenges:

High Production Costs: High production costs associated with HJT solar cells are anticipated to hamper market growth. As the advanced materials and manufacturing processes required for HJT technology are projected to be more expensive, the overall affordability of these cells may be restrained.

Limited Manufacturing Capacity: Limited manufacturing capacity is expected to restrain the widespread adoption of HJT solar cells. As the production infrastructure for HJT technology is still developing, the supply may not be able to meet the rising demand efficiently.

Technical Complexity: Technical complexity involved in the production of HJT solar cells is likely to impede market expansion. The sophisticated technology required for fabrication and integration is projected to be a significant barrier for new entrants and smaller manufacturers.

Material Supply Constraints: Material supply constraints are anticipated to hamper the growth of the HJT solar cell market. The specialized materials needed for HJT technology are estimated to face supply chain challenges, potentially affecting production scalability.

Key Trends:

Investment in Research and Development: Growing investment in research and development for HJT solar cell technology is projected to be a key trend in the market. These efforts are anticipated to lead to continuous improvements in cell efficiency and reductions in production costs, further driving adoption.

Increasing Focus on Sustainability: Increasing focus on sustainability in energy generation is expected to boost the demand for HJT solar cells. As consumers and governments prioritize eco-friendly solutions, HJT technology is likely to be increasingly adopted due to its high energy efficiency and low environmental impact.

HJT Technology in Large-Scale Projects: Rising integration of HJT solar cells in large-scale solar projects is anticipated to be a significant market trend. The superior performance of HJT technology in both efficiency and energy output is projected to make it a preferred choice for utility-scale solar installations.

Bifacial Solar Panels: High interest in bifacial solar panels, which utilize HJT technology, is likely to shape the future of the market. The ability of bifacial panels to generate electricity from both sides is expected to increase the efficiency of solar installations, contributing to the growing demand for HJT solar cells

Global HJT (Heterojunction) Solar Cell Market Regional Analysis

Here is a more detailed regional analysis of the global HJT (heterojunction) solar cell market:

Asia Pacific:

According to Verified Market Research analyst, the Asia Pacific region is projected to dominate the Heterojunction (HJT) solar cell market due to significant investments in renewable energy and technological advancements in countries such as China and Japan.

China, in particular, is expected to hold the largest market share, driven by its robust solar manufacturing capabilities and strong government policies supporting solar energy expansion.

The presence of major HJT solar cell manufacturers and increasing demand for high-efficiency solar modules are anticipated to further solidify the region's leading position.

According to the International Renewable Energy Agency (IRENA), Asia accounted for 61% of new solar installations globally in 2020. China alone added 49 GW of solar capacity in 2020, bringing its total installed capacity to 253 GW.

Additionally, the growing emphasis on reducing carbon emissions and achieving energy security is projected to contribute to the increased adoption of HJT technology across the Asia Pacific region.

Europe:

Europe is anticipated to experience rapid growth in the HJT solar cell market, primarily driven by favorable government policies and initiatives aimed at achieving carbon neutrality.

Countries such as Germany and the Netherlands are likely to see heightened adoption of HJT solar cells due to their commitments to expanding renewable energy capacity.

The rising demand for high-performance solar technologies, combined with stringent energy efficiency standards, is expected to drive the market in this region.

Government incentives and investments in solar infrastructure in these regions are likely to fuel the market expansion.

Global HJT (Heterojunction) Solar Cell Market: Segmentation Analysis

The Global HJT (Heterojunction) Solar Cell Market is Segmented on the basis of Type, Application, And Geography.

HJT (Heterojunction) Solar Cell Market, By Type

• Monofacial Cell
• Bifacial Cell

Based on Type, the market is bifurcated into Monofacial Cell and Bifacial Cell. The bifacial cell segment is projected to hold the largest share of the Heterojunction (HJT) solar cell market. This dominance is attributed to the higher energy conversion efficiency offered by bifacial cells, as they are capable of capturing sunlight from both sides of the panel. This feature is anticipated to lead to increased energy yield, making them more suitable for large-scale solar projects and high-performance applications.

HJT (Heterojunction) Solar Cell Market, By Application

• PV Power Station
• Commercial
• Residential

Based on Application, the global HJT (heterojunction) solar cell market is divided into PV Power Station, Commercial, and Residential. The PV power station segment is projected to hold the largest share of the Heterojunction (HJT) solar cell market due to the increasing demand for utility-scale solar installations and the rising focus on renewable energy projects. The segment is anticipated to benefit from the high efficiency and superior performance of HJT solar cells, which are particularly suitable for large-scale solar farms.

HJT (Heterojunction) Solar Cell Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World
• On the basis of Geography, the Global HJT (Heterojunction) Solar Cell Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. In North America, the United States is projected to hold the largest share of the Heterojunction (HJT) solar cell market. This dominance is anticipated to be driven by the increasing focus on renewable energy and the presence of favorable government policies promoting solar energy adoption. Incentives such as the Investment Tax Credit (ITC) and various state-level renewable portfolio standards are expected to contribute to the growth of HJT solar cell installations.

Key Players

The "Global HJT (Heterojunction) Solar Cell Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Hanergy, Panasonic Sanyo, CIC Solar, Kaneka, INES, NSP, Sunpreme, Hevel, Eco Solver, 3 Sun, GS-Solar, and CIE Power. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• HJT (Heterojunction) Solar Cell Market Recent Developments
• In 2023, LONGi Solar set a new efficiency record for HJT cells at 26.81%, surpassing the previous record held by Kaneka for five years. This milestone highlights the ongoing improvements in HJT technology.
• In August 2024, REC Group launched its new REC Alpha Pro M Series, a high-efficiency HJT solar panel designed for commercial and industrial rooftop and ground mount installations.
• In July 2024, RECOM introduced its new Lion HJT 750Wp bifacial solar module. The product boasts an efficiency rating of 24.1%, a 30-year warranty, and a bifaciality factor of up to 90%. Equipped with N-type technology, the module is designed to minimize power losses and eliminate PID and LID effects.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET, BY TYPE

• 5.1 Overview
• 5.2 Monofacial Cell
• 5.3 Bifacial Cell
• 5.4 Others

6 GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET, BY APPLICATION

• 6.1 Overview
• 6.2 PV Power Station
• 6.3 Commercial
• 6.4 Residential

7 GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East & Africa

8 GLOBAL HJT (HETEROJUNCTION) SOLAR CELL MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies

9 COMPANY PROFILES

• 9.1 Hanergy
  • 9.1.1 Overview
  • 9.1.2 Financial Performance
  • 9.1.3 Product Outlook
  • 9.1.4 Key Developments
• 9.2 Panasonic Sanyo
  • 9.2.1 Overview
  • 9.2.2 Financial Performance
  • 9.2.3 Product Outlook
  • 9.2.4 Key Developments
• 9.3 CIC Solar
  • 9.3.1 Overview
  • 9.3.2 Financial Performance
  • 9.3.3 Product Outlook
  • 9.3.4 Key Developments
• 9.4 Kaneka
  • 9.4.1 Overview
  • 9.4.2 Financial Performance
  • 9.4.3 Product Outlook
  • 9.4.4 Key Developments
• 9.5 INES
  • 9.5.1 Overview
  • 9.5.2 Financial Performance
  • 9.5.3 Product Outlook
  • 9.5.4 Key Developments
• 9.6 NSP
  • 9.6.1 Overview
  • 9.6.2 Financial Performance
  • 9.6.3 Product Outlook
  • 9.6.4 Key Developments
• 9.7 Sunpreme
  • 9.7.1 Overview
  • 9.7.2 Financial Performance
  • 9.7.3 Product Outlook
  • 9.7.4 Key Developments
• 9.8 Hevel
  • 9.8.1 Overview
  • 9.8.2 Financial Performance
  • 9.8.3 Product Outlook
  • 9.8.4 Key Developments
• 9.9 Eco Solver
  • 9.9.1 Overview
  • 9.9.2 Financial Performance
  • 9.9.3 Product Outlook
  • 9.9.4 Key Developments
• 9.10 3 Sun
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments
• 9.10 GS-Solar
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments
• 9.10 CIE Powe
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments

10 Appendix

• 10.1 Related Research