PERC Solar Module Market Definition
PERC solar module is Passivated Emitter and Rear Cell or Passivated Emitter and Rear Contact is the new innovative technology designed to achieve higher energy efficiency in various applications by adding the dielectric passivation layer on the rear cell. The PERC technology is a solar cell architecture that differs from the standard cell architecture which is being used for decades usually in all photovoltaic manuals. The global PERC solar module market is expected to grow during the forecasted year due to the increasing need for efficient power sources across the world with growing urbanization and industrial applications.
The market study is broken down by Type (Mono-crystalline Solar Module, Polycrystalline Solar Module and Thin-film Solar Module), by Application (Home, Commercial and Power Plants) and major geographies with country level splits.
Aleo Solar GmbH (Germany), Meyer Burger (Switzerland), Q CELLS (United States), LONGi Solar Technology Co, Ltd (China), Canadian Solar Inc. (Canada), JinkoSolar Holding Co., Ltd. (China), Trina Solar Limited (China), REC Solar Holdings AS (Singapore), GCL System Integration (China), Tongwei Group Co., Ltd. (China) and Risen Energy Co., Ltd (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global PERC Solar Module market by Type, Application and Region.
On the basis of geography, the market of PERC Solar Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the PERC Solar Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cell, the sub-segment i.e. 60-Cell will boost the PERC Solar Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 21st October 2019, LONGI Solar announced the agreement that they have entered into a supply deal with the Hexagon Holdings Singapore for Vietnam. HExagon will utilize the modules for its pipeline of utility-scale projects in Vietnam, most of which are commissioned by Q1 of 2021. Their products’ reliability, financial strength and above all the people managing the business are the 3 most important factors for the choice of a manufacturing partner for Hexagon in Vietnam.
- Rapid Innovations in Solar PV Industry
- Increasing Need for Efficient Power Sources
- Growing Applications in Rooftop Solar Systems
- Progress in Continuous Research and Development in both Existing and Emerging Technologies
- Demand from the Power Generation Industry
- Problem with Disposal of PERC Solar Module Affecting the Environment
- Problems with Flexibility, Grid-connection, and Integration
- Lack of Relevant Standards an Quality Control Measures
Key Target AudiencePERC Solar Module Manufacturers, PERC Solar Module International Traders, PERC Solar Module Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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