Report Code: A05318 | Pages: NA | Mar 2023 | 4058 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Solar Photovoltaics Wafer Market
Request Now !Photovoltaic wafers are used to build photovoltaic cells, which are made of crystalline silicon cells. This photovoltaic wafers withstand high temperatures and are extremely efficient. The electricity generated through these wafers is used for industrial as well as residential purpose. Electric vehicles are in huge demand due to this market, as this photovoltaics helps to charge the vehicles. These wafers also help in reducing the dependency on fossil fuels and conventional sources. Electricity generated by this method is clean, which makes this process green and eco-friendly. Monocrystalline Si and polycrystalline Si are the two types of wafers that are widely used. Monocrystalline have high efficiency and also require less space in comparison with polycrystalline.
Rise in demand for renewable energy drives the market growth. Rapid industrialization and increase in population also boost the market for solar photovoltaic wafer. Meanwhile, solar photovoltaic wafer-based panels are costly, which can restrain the growth of the market. Rise in awareness among people for using renewable process is projected to provide numerous opportunities for the market growth.
The solar photovoltaics wafer market is segmented based on type, application and region. The type segment is divided into monocrystalline Si wafer and multicrystalline Si wafer. Based on application, it is further divided into commercial, residential, and industrial. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major market players operating in the solar photovoltaics wafer market are Targray Technology International Inc, Lanco Solar, LDK Solar, Renewable Energy Corporation (REC), Solarworld, MEMC Electronic Materials, Inc., Nexolon Co., Ltd., Zhonghuan Semiconductor Corporation, and Green Energy Technology.Â
Key Players
Solar Photovoltaics Wafer Market Report Highlights
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Key Market Players | Targray Technology International Inc, Lanco Solar, LDK Solar, Renewable Energy Corporation (REC), Solarworld, MEMC Electronic Materials, Inc., Nexolon Co., Ltd., Zhonghuan Semiconductor Corporation, Green Energy Technology, Sino-American Silicon Products Inc. (SAS) |
Other Key Market Players | Targray Technology International Inc, Renewable Energy Corporation, JA Solar Holdings, Co., Ltd. |
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