Home > Semiconductors & Electronics > IC > Solar Silicon Wafer Market

Solar Silicon Wafer Market Share

  • Report ID: GMI4966
  • Published Date: Aug 2024
  • Report Format: PDF

Solar Silicon Wafer Market Share

LONGi Green Energy Technology Co Ltd and GCL-Poly Energy Holdings Limited a significant share of over 15% in the market. LONGi Green Energy Technology Co Ltd, GCL-Poly Energy Holdings Limited, and JA Solar Holdings, Co., Ltd., dominate the market with their extensive production capacities, advanced technological capabilities, and strong global distribution networks. These companies continually invest in research and development to improve the efficiency and cost-effectiveness of their products, ensuring they stay ahead of the competition. For example, LONGi’s focus on high-efficiency monocrystalline wafers has allowed it to maintain a competitive edge, while GCL-Poly leverages its vertically integrated operations to control costs and supply chains effectively.
 

Companies such as Jinko Solar and Trina Solar actively pursue partnerships and acquisitions to expand their technological capabilities and market reach. These strategic moves not only help in diversifying product portfolios but also in gaining access to new markets and customer bases. Additionally, there is a growing trend of collaboration between solar wafer manufacturers and technology providers to integrate advanced features like bifacial technology and PERC (Passivated Emitter and Rear Cell) into their offerings.

 

Solar Silicon Wafer Market Companies

Major players operating in the solar silicon wafer industry are:

  • LONGi Green Energy Technology Co Ltd
  • GCL-Poly Energy Holdings Limited
  • JA Solar Holdings, Co., Ltd.
  • Jinko Solar Holding Co., Ltd.
  • Trina Solar
  • Canadian Solar
  • Hanwha Q CELLS
Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Global industry size for solar silicon wafer was valued at USD 13.63 billion in 2023 and is anticipated to register over 10.9% CAGR between 2024 and 2032, driven by technological advancements and government policies and incentives.

The monocrystalline segment in the solar silicon wafer market held 85% revenue share in 2023 attributed to its superior efficiency and performance characteristics along with decreasing cost of production.

Asia Pacific market held 80% revenue share in 2023 due to major manufacturers like China and Japan, substantial government support, and ambitious solar capacity expansion targets.

LONGi Green Energy Technology Co Ltd, GCL-Poly Energy Holdings Limited, JA Solar Holdings, Co., Ltd., Jinko Solar Holding Co., Ltd., Trina Solar, Canadian Solar, and Hanwha Q CELLS.

Solar Silicon Wafer Market Scope

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 220
  • Countries covered: 22
  • Pages: 180
 Download Free Sample