Solar Panel Manufacturers, PV Module Suppliers and Materials
Each map highlights the region''s existing and future solar module manufacturers. Our maps also break down the area''s critical suppliers for cells, wafers, ingots, and polysilicon.
Module production capacity reached 460 GW with crystalline silicon technology assembly accounting for 98%. Photovoltaics companies include PV capital equipment producers, cell manufacturers, panel manufacturers and installers. The list does not include silicon manufacturing companies.
In that last year, the global solar PV chain reached an industrial business value of some 104.7 billion U.S. dollars, with China dominating the market, and followed by the United States and Malaysia. Discover all statistics and data on Global solar PV supply chain now on statista.com!
In 2021, the value of China's solar PV exports was over USD 30 billion, almost 7% of China's trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.
China is the most cost-competitive location to manufacture all components of the solar PV supply chain. Costs in China are 10% lower than in India, 20% lower than in the United States, and 35% lower than in Europe. Large variations in energy, labour, investment and overhead costs explain these differences.
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