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Solar Silicon Wafer Market Share
- Report ID: GMI4966
- Published Date: Mar 2021
- Report Format: PDF
Solar Silicon Wafer Market Share
Key players operating in the solar silicon wafer market are
- LONGi Green Energy Technology Co., Ltd.
- JinkoSolar Holding Co., Ltd.
- GCL-Poly Energy Holdings Limited
- Solargiga Energy Holdings Limited
- Huantai Group
- CETC Solar Energy Holdings Co., Ltd.
- Jiangxi LDK Solar High-Tech Co., Ltd.
These industry participants are extensively focusing on rising their annual production capacity for solar silicon wafer to stay competitive in the market.
Frequently Asked Questions (FAQ) :
The solar silicon wafer industry size recorded USD 9.5 billion in annual value in 2020 and is projected to rise at an 11% CAGR through 2027 owing to increasing adoption to deliver high energy efficiency, low pricing, and stable heat absorption capabilities.
The monocrystalline solar silicon wafer market share was valued at USD 8 billion in 2020 and will expand at a growth rate of 13% up to 2027 due to their sleeker aesthetics, higher performance, and optimum energy conversion efficiencies.
Solar cell applications contributed to 12.5% of the total market share in 2020 and will rise at a CAGR of 13% through 2027 with growing penetration of solar power stations across emerging economies.
Asia Pacific registered over 90% of the solar silicon wafer industry share in 2020 and is expected to hit a CAGR of 11% through 2027 due to the regulation of favorable government initiatives to promote the regional PV manufacturing industry.
Solar Silicon Wafer Market Scope
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