Global Crystalline Silicon PV Market Size, Share, Forecast Report 2024

The global crystalline silicon PV market is expected to witness a CAGR of 21.84% and is projected to reach USD 182.4 billion by 2024. Increasing concern towards the effect of greenhouse gasses and carbon emissions on the environment, decrease in solar PV cost due to increase in production & technological advancements, and government policy framework supporting transition towards solar energy adoption is expected to drive the crystalline silicon PV market over the forecast period. Furthermore, increased investments in R&D by major PV companies are likely to give impetus to the market in the coming years.

The years used for the assessment are as follows;

  • Historical year: 2014, 2015, 2016
  • Base year    : 2017
  • Forecast period: 2018 – 2024


The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total crystalline silicon PV market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the crystalline silicon PV market
  • Finalizing the overall size and share for the global crystalline silicon PV market 


  • To classify the global crystalline silicon PV market into segments by type, application, and region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the crystalline silicon PV market.
  • Profiling key companies operating in the global crystalline silicon PV market.
  • To study market response with respect to the mergers and acquisitions in the industry.


The research scope for global crystalline silicon PV market is as follows:

By Type

  • Monocrystalline Silicon
  • Polycrystalline Silicon

By Application

  • Residential
  • Commercial
  • Utility-Scale


  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Central and South America

Report Detail

  • Report Code:1087
  • No. of Pages:250
  • Format:PDF/PPT/Excel

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