Product Code: ETC13364771 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global PERC Solar Panels Market was valued at USD 42.5 Billion in 2024 and is expected to reach USD 78.6 Billion by 2031, growing at a compound annual growth rate of 6.50% during the forecast period (2025-2031).
The Global PERC (Passivated Emitter Rear Cell) Solar Panels Market is witnessing significant growth, driven by increasing adoption of renewable energy sources and the push towards sustainable practices. PERC solar panels are known for their higher efficiency and improved performance compared to traditional solar panels, making them a popular choice for residential, commercial, and utility-scale solar installations. The market is characterized by key players investing in research and development to enhance PERC technology, leading to higher power outputs and lower costs. Geographically, Asia Pacific dominates the market due to the presence of major solar panel manufacturers in countries like China and South Korea. With ongoing technological advancements and favorable government policies promoting solar energy, the Global PERC Solar Panels Market is expected to continue its growth trajectory in the coming years.
The Global PERC (Passivated Emitter and Rear Cell) Solar Panels Market is experiencing significant growth driven by the increasing demand for solar energy solutions and the focus on renewable energy sources. The market is witnessing a shift towards higher efficiency and lower production costs, with PERC technology offering improved energy conversion rates and better performance under low light conditions. Additionally, the push towards sustainable energy practices and government incentives for solar installations are creating opportunities for market expansion. Technological advancements such as bifacial PERC panels and improved manufacturing processes are further driving the market growth. Overall, the Global PERC Solar Panels Market presents lucrative opportunities for manufacturers, suppliers, and investors looking to capitalize on the growing demand for clean energy solutions.
The Global PERC (Passivated Emitter Rear Cell) Solar Panels Market faces challenges such as increasing competition from other solar technologies like bifacial panels, potential oversupply leading to price fluctuations, and regulatory uncertainties in key markets. Additionally, the high initial cost of PERC solar panels compared to conventional solar panels poses a barrier to widespread adoption, especially in emerging economies. Ensuring the efficiency and reliability of PERC technology amidst rapid advancements in the solar industry is also a key challenge. Furthermore, the environmental impact of manufacturing PERC solar panels, including the use of hazardous materials, presents sustainability concerns that need to be addressed for long-term viability and acceptance in the market.
The global PERC (Passivated Emitter Rear Cell) solar panels market is being primarily driven by the increasing focus on renewable energy sources and the growing demand for clean energy solutions. PERC technology offers higher efficiency and improved performance compared to traditional solar panels, making it an attractive choice for both residential and commercial applications. Additionally, government initiatives and policies promoting the adoption of solar energy, along with decreasing costs of solar panels and increasing investments in solar projects, are further propelling the market growth. The shift towards sustainable energy sources, coupled with the need to reduce carbon emissions and combat climate change, is expected to continue driving the demand for PERC solar panels in the coming years.
Government policies related to the Global PERC Solar Panels Market vary by country, but overall there is a trend towards supporting renewable energy sources. Many governments offer incentives such as tax credits, rebates, and feed-in tariffs to encourage the adoption of solar panels, including PERC technology. Some countries have implemented renewable energy targets and regulations to promote the use of solar energy in the overall energy mix. Additionally, there are policies aimed at promoting research and development in the solar industry to drive innovation and cost reductions. Overall, government policies play a significant role in shaping the growth and adoption of PERC solar panels in the global market.
The Global PERC (Passivated Emitter and Rear Cell) Solar Panels Market is expected to witness significant growth in the coming years driven by increasing global demand for renewable energy sources and the push towards sustainable development. PERC technology offers higher efficiency and improved power output compared to traditional solar panels, making it an attractive choice for both residential and commercial applications. Factors such as decreasing costs of solar panels, government incentives for solar energy projects, and advancements in technology are also contributing to the market`s growth. As the world transitions towards cleaner energy solutions and reduces its dependence on fossil fuels, the demand for PERC solar panels is projected to continue rising, with key players investing in research and development to further enhance the technology and drive market expansion.
In the global PERC (Passivated Emitter Rear Cell) solar panels market, Asia holds a dominant position due to the presence of major manufacturing hubs in countries like China and South Korea. North America follows closely, driven by increasing investments in renewable energy and supportive government policies. Europe is also a significant market for PERC solar panels, with countries like Germany leading the adoption of solar energy. The Middle East and Africa region is witnessing a growing interest in solar energy solutions, particularly in countries with abundant sunlight. In Latin America, countries like Brazil and Mexico are showing a growing demand for PERC solar panels as they aim to diversify their energy mix and reduce reliance on traditional fossil fuels.
Global PERC Solar Panels Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global PERC Solar Panels Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global PERC Solar Panels Market Revenues & Volume, 2021 & 2031F |
3.3 Global PERC Solar Panels Market - Industry Life Cycle |
3.4 Global PERC Solar Panels Market - Porter's Five Forces |
3.5 Global PERC Solar Panels Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global PERC Solar Panels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global PERC Solar Panels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global PERC Solar Panels Market Revenues & Volume Share, By Cell Structure, 2021 & 2031F |
3.9 Global PERC Solar Panels Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Global PERC Solar Panels Market Revenues & Volume Share, By Efficiency Rating, 2021 & 2031F |
4 Global PERC Solar Panels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global PERC Solar Panels Market Trends |
6 Global PERC Solar Panels Market, 2021 - 2031 |
6.1 Global PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global PERC Solar Panels Market, Revenues & Volume, By Monocrystalline PERC, 2021 - 2031 |
6.1.3 Global PERC Solar Panels Market, Revenues & Volume, By Polycrystalline PERC, 2021 - 2031 |
6.1.4 Global PERC Solar Panels Market, Revenues & Volume, By Half-Cut PERC, 2021 - 2031 |
6.1.5 Global PERC Solar Panels Market, Revenues & Volume, By Bifacial PERC, 2021 - 2031 |
6.1.6 Global PERC Solar Panels Market, Revenues & Volume, By Flexible PERC, 2021 - 2031 |
6.2 Global PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global PERC Solar Panels Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.2.3 Global PERC Solar Panels Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.2.4 Global PERC Solar Panels Market, Revenues & Volume, By Utility-Scale, 2021 - 2031 |
6.2.5 Global PERC Solar Panels Market, Revenues & Volume, By Off-Grid, 2021 - 2031 |
6.2.6 Global PERC Solar Panels Market, Revenues & Volume, By Portable Power, 2021 - 2031 |
6.3 Global PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global PERC Solar Panels Market, Revenues & Volume, By Single Junction, 2021 - 2031 |
6.3.3 Global PERC Solar Panels Market, Revenues & Volume, By Multi-Junction, 2021 - 2031 |
6.3.4 Global PERC Solar Panels Market, Revenues & Volume, By Bifacial Cells, 2021 - 2031 |
6.3.5 Global PERC Solar Panels Market, Revenues & Volume, By Full-Cell, 2021 - 2031 |
6.3.6 Global PERC Solar Panels Market, Revenues & Volume, By Thin Film, 2021 - 2031 |
6.4 Global PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global PERC Solar Panels Market, Revenues & Volume, By Homeowners, 2021 - 2031 |
6.4.3 Global PERC Solar Panels Market, Revenues & Volume, By Industrial Buildings, 2021 - 2031 |
6.4.4 Global PERC Solar Panels Market, Revenues & Volume, By Solar Farms, 2021 - 2031 |
6.4.5 Global PERC Solar Panels Market, Revenues & Volume, By Remote Power Stations, 2021 - 2031 |
6.4.6 Global PERC Solar Panels Market, Revenues & Volume, By Military Applications, 2021 - 2031 |
6.5 Global PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global PERC Solar Panels Market, Revenues & Volume, By High Efficiency (20-23%), 2021 - 2031 |
6.5.3 Global PERC Solar Panels Market, Revenues & Volume, By Standard Efficiency (18-20%), 2021 - 2031 |
6.5.4 Global PERC Solar Panels Market, Revenues & Volume, By Ultra-High Efficiency (>23%), 2021 - 2031 |
6.5.5 Global PERC Solar Panels Market, Revenues & Volume, By Long-Term Durability, 2021 - 2031 |
6.5.6 Global PERC Solar Panels Market, Revenues & Volume, By Lightweight Design, 2021 - 2031 |
7 North America PERC Solar Panels Market, Overview & Analysis |
7.1 North America PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
7.2 North America PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
7.3 North America PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
7.6 North America PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
7.7 North America PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
8 Latin America (LATAM) PERC Solar Panels Market, Overview & Analysis |
8.1 Latin America (LATAM) PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
8.6 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
8.7 Latin America (LATAM) PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
9 Asia PERC Solar Panels Market, Overview & Analysis |
9.1 Asia PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
9.2 Asia PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
9.6 Asia PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
9.7 Asia PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
10 Africa PERC Solar Panels Market, Overview & Analysis |
10.1 Africa PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
10.2 Africa PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
10.6 Africa PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
10.7 Africa PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
11 Europe PERC Solar Panels Market, Overview & Analysis |
11.1 Europe PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
11.2 Europe PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
11.6 Europe PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
11.7 Europe PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
12 Middle East PERC Solar Panels Market, Overview & Analysis |
12.1 Middle East PERC Solar Panels Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East PERC Solar Panels Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey PERC Solar Panels Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East PERC Solar Panels Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East PERC Solar Panels Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East PERC Solar Panels Market, Revenues & Volume, By Cell Structure, 2021 - 2031 |
12.6 Middle East PERC Solar Panels Market, Revenues & Volume, By End User, 2021 - 2031 |
12.7 Middle East PERC Solar Panels Market, Revenues & Volume, By Efficiency Rating, 2021 - 2031 |
13 Global PERC Solar Panels Market Key Performance Indicators |
14 Global PERC Solar Panels Market - Export/Import By Countries Assessment |
15 Global PERC Solar Panels Market - Opportunity Assessment |
15.1 Global PERC Solar Panels Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global PERC Solar Panels Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global PERC Solar Panels Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global PERC Solar Panels Market Opportunity Assessment, By Cell Structure, 2021 & 2031F |
15.5 Global PERC Solar Panels Market Opportunity Assessment, By End User, 2021 & 2031F |
15.6 Global PERC Solar Panels Market Opportunity Assessment, By Efficiency Rating, 2021 & 2031F |
16 Global PERC Solar Panels Market - Competitive Landscape |
16.1 Global PERC Solar Panels Market Revenue Share, By Companies, 2024 |
16.2 Global PERC Solar Panels Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |