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Photovoltaic (PV) Equipment Market, Global Outlook and Forecast 2023-2030

The global Photovoltaic (PV) Equipment market was valued at US$ 8307.7 million in 2022 and is projected to reach US$ 10950 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Photovoltaic (PV) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Photovoltaic (PV) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Photovoltaic (PV) Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This report includes PV industry production equipment as follows:

Production from raw material to silicon

Production from silicon to ingot

Production from ingot to wafer

Production from wafer to cell

Production from cell to module

This report aims to provide a comprehensive presentation of the global market for Photovoltaic (PV) Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photovoltaic (PV) Equipment. This report contains market size and forecasts of Photovoltaic (PV) Equipment in global, including the following market information:


  • Global Photovoltaic (PV) Equipment Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global top five companies in 2022 (%)

We surveyed the Photovoltaic (PV) Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Photovoltaic (PV) Equipment Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global Photovoltaic (PV) Equipment Market Segment Percentages, by Type, 2022 (%)


  • Silicon Rod/ingot Manufacturing Equipment

  • Wafer/wafer Manufacturing Equipment

  • Battery Manufacturing Equipment

  • Crystal Silicon Cell Components Manufacturing Equipment

  • Film Component Manufacturing Equipment

Global Photovoltaic (PV) Equipment Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Photovoltaic (PV) Equipment Market Segment Percentages, by Application, 2022 (%)


  • Residential

  • Commercial

  • Ground Station

  • Other

Global Photovoltaic (PV) Equipment Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Photovoltaic (PV) Equipment Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Photovoltaic (PV) Equipment revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies Photovoltaic (PV) Equipment revenues share in global market, 2022 (%)

key players include:


  • Hanwha

  • First Solar

  • SunPower

  • Elkem Solar

  • Sharp

  • Kyocera Solar

  • Solar Frontier

  • Solarworld

  • NSP

  • Trina Solar

  • Canadian Solar

  • Jinko Solar

  • JA Solar

  • GCL System Integration

  • Zhejiang Jingsheng Mechanical & Electrical

  • Wuxi Shangji Automation

  • Yingli

  • Shunfeng

  • ReneSola

  • Risen

  • Chint Group

  • Hareonsolar

  • Eging PV

  • CSUN

  • BYD

  • HT-SAAE

  • S.C New Energy Technology

  • Suzhou Maxwell Technologies

Chapter 1: Introduces the definition of Photovoltaic (PV) Equipment, market overview.

Chapter 2: Global Photovoltaic (PV) Equipment market size in revenue.

Chapter 3: Detailed analysis of Photovoltaic (PV) Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Photovoltaic (PV) Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 Photovoltaic (PV) Equipment Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Photovoltaic (PV) Equipment Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Photovoltaic (PV) Equipment Overall Market Size2.1 Global Photovoltaic (PV) Equipment Market Size: 2022 VS 20302.2 Global Photovoltaic (PV) Equipment Market Size, Prospects & Forecasts: 2018-20302.3 Key Market Trends, Opportunity, Drivers and Restraints2.3.1 Market Opportunities & Trends2.3.2 Market Drivers2.3.3 Market Restraints3 Company Landscape3.1 Top Photovoltaic (PV) Equipment Players in Global Market3.2 Top Global Photovoltaic (PV) Equipment Companies Ranked by Revenue3.3 Global Photovoltaic (PV) Equipment Revenue by Companies3.4 Top 3 and Top 5 Photovoltaic (PV) Equipment Companies in Global Market, by Revenue in 20223.5 Global Companies Photovoltaic (PV) Equipment Product Type3.6 Tier 1, Tier 2 and Tier 3 Photovoltaic (PV) Equipment Players in Global Market3.6.1 List of Global Tier 1 Photovoltaic (PV) Equipment Companies3.6.2 List of Global Tier 2 and Tier 3 Photovoltaic (PV) Equipm

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