Global PV Module Market Analysis and 2025 Outlook
As PV modules are the central component of the industry, this analysis reviews market conditions that affect solar panel pricing and availability
As PV modules are the central component of the industry, this analysis reviews market conditions that affect solar panel pricing and availability
NLR conducts detailed supply chain analysis for specific photovoltaic module technologies. These analyses include production locations, supply chain risk and costs, and material
The world will almost completely rely on China for the supply of key building blocks for solar panel production through 2025. Based on manufacturing capacity
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This marks another record year for PV deployment, despite continued overcapacity in manufacturing and falling module prices that placed pressure on the entire
These facts are updated till Aug 18, 2025, and are based on Volza''s Global Export data of Solar Module. Paid subscribers can gain full access to the most recent Volza export import data.
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After several years of tension on material and transport costs, module prices continued to drop through 2024 in a still massively over-supplied market, putting tremendous financial pressure on all industrial
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EIA projects that PV''s growth in 2023 (27 GWac) and 2024 (36 GWac) will continue in 2025 (39 GWac) and remain at similar levels in 2026 (36 GWac). In 2024, 24 states and territories
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Looking ahead, crystalline modules will continue to dominate the global competitive landscape due to their efficiency and scalability, while thin
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Between 2025 and 2029, global solar photovoltaic capacity additions are projected to increase yearly and range from some 655 gigawatts in
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At current solar module prices, few independent U.S.-owned module producers will be able to remain in business long-term. Several companies have already cancelled plans to build new facilities. Within
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Download solar panel datasheets, pricing guides, and custom PV module specifications.
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