Global HIT (HJT) Solar Cell Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Latest Trends
Publisher : MRA | Format : PDF
Global HIT (HJT) Solar Cell Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Heterojunctions are commonly formed through the interface of a crystalline silicon substrate and an amorphous Silicon passivation layer in solar cells. The Heterojunction with Intrinsic Thin-Layer (HIT) solar cell structure was first developed in 1983 and commercialised by Sanyo/Panasonic. HIT solar cells now hold the record for the most efficient single-junction silicon solar cell, with a conversion efficiency of 26.7%.
HIT (HJT) Solar Cell report published by MRA Research reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2023. Global HIT (HJT) Solar Cell market is projected to reach US$ 1937 million in 2033, increasing from US$ 1532.7 million in 2023, with the CAGR of 3.3% during the period of 2023 to 2033. Demand from Commercial and Residential are the major drivers for the industry.
Global key players of HIT (Heterojunction) Solar Cell include Panasonic, REC, etc. Global top 3 companies hold a share over 50%. Asia is the largest market, with a share about 80%, followed by Europe with the share about 10%. In terms of product, Monofacial Cell is the largest segment, with a share over 50%. And in terms of application, the largest application is PV Power Station, with a share over 70%.
Report Scope
This report, based on historical analysis (2018-2023) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global HIT (HJT) Solar Cell market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
Panasonic
Sanyo
EAS Batteries GmbH
Suzhou Maxwell
Tongwei Co.Ltd
Risen Energy
China Petroleum Jilin Chemical Eng & Con
Jiangsu Akcome
Jinchen Machinery
Meyer Burger
Sunpreme Inc.
Kaneka Corporation
Segment by Type
Battery Conversion Rate 23%-24%
Battery Conversion Rate 24%-25%
Battery Conversion Rate 25%-26%
Others
Commercial
Residential
Others
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Each chapter of the report provides detailed information for readers to understand the HIT (HJT) Solar Cell market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of HIT (HJT) Solar Cell, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the HIT (HJT) Solar Cell industry.
Chapter 3Historical (2018-2023) and forecast (2023-2033) volume and revenue analysis of HIT (HJT) Solar Cell in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, HIT (HJT) Solar Cell introduction, etc. HIT (HJT) Solar Cell Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13MRA Research’s Conclusions of HIT (HJT) Solar Cell market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by MRA Research.
HIT (HJT) Solar Cell report published by MRA Research reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2023. Global HIT (HJT) Solar Cell market is projected to reach US$ 1937 million in 2033, increasing from US$ 1532.7 million in 2023, with the CAGR of 3.3% during the period of 2023 to 2033. Demand from Commercial and Residential are the major drivers for the industry.
Global key players of HIT (Heterojunction) Solar Cell include Panasonic, REC, etc. Global top 3 companies hold a share over 50%. Asia is the largest market, with a share about 80%, followed by Europe with the share about 10%. In terms of product, Monofacial Cell is the largest segment, with a share over 50%. And in terms of application, the largest application is PV Power Station, with a share over 70%.
Report Scope
This report, based on historical analysis (2018-2023) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global HIT (HJT) Solar Cell market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
Panasonic
Sanyo
EAS Batteries GmbH
Suzhou Maxwell
Tongwei Co.Ltd
Risen Energy
China Petroleum Jilin Chemical Eng & Con
Jiangsu Akcome
Jinchen Machinery
Meyer Burger
Sunpreme Inc.
Kaneka Corporation
Segment by Type
Battery Conversion Rate 23%-24%
Battery Conversion Rate 24%-25%
Battery Conversion Rate 25%-26%
Others
Segment by Application
Commercial
Residential
Others
Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Each chapter of the report provides detailed information for readers to understand the HIT (HJT) Solar Cell market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of HIT (HJT) Solar Cell, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the HIT (HJT) Solar Cell industry.
Chapter 3Historical (2018-2023) and forecast (2023-2033) volume and revenue analysis of HIT (HJT) Solar Cell in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, HIT (HJT) Solar Cell introduction, etc. HIT (HJT) Solar Cell Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13MRA Research’s Conclusions of HIT (HJT) Solar Cell market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by MRA Research.