PV Module Market
PV Module Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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PV Module Market Size and Growth
The PV module market is experiencing robust growth, driven by increasing solar energy adoption and declining costs. The global market size was valued at approximately $100 billion in 2022, with projections indicating a compound annual growth rate of around 20% through 2030, fueled by technological advancements and supportive policies.
Companies Covered
(Covid 19 Impact Covered)
◍ Jinko Solar
◍ AE Solar GmbH
◍ First Solar
◍ GCL-Poly Energy Holdings
◍ Leonics Company
◍ Canadian Solar
◍ Wuxi Suntech Power
◍ Trina Solar
◍ Renesola
◍ Itek Energy
The PV module market is competitive, featuring companies like Jinko Solar, Canadian Solar, and Trina Solar. These firms innovate in efficiency, expand production capacity, and enhance sustainability, driving market growth. For revenue figures, Jinko Solar around $5.5 billion, Canadian Solar approximately $3.5 billion, and Trina Solar about $3.2 billion.
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Market Segmentation
By Application
Residential
Commercial
Industrial
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By Product
Ground Mounted
Pole Mounted
Rooftop
Market Growth
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$ X Billion USD
