Global Solar Photovoltaic (PV) Block Production Equipment Market Growth (Status and Outlook) 2025-2031

The global Solar Photovoltaic (PV) Block Production Equipment market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.

It is expected that global demand for photovoltaic products will remain high in the next few years.

According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW.

According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW.

According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022.

From the perspective of production value, mainland China is still the global center of the PV industry.

According to the International Energy Agency, China's market share in all key products of the supply chain have exceeded 80%.

Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85%, and 77%, respectively.

According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022.

According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022.

But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%.

In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.144 GW.

ReportPrime' newest research report, the “Solar Photovoltaic (PV) Block Production Equipment Industry Forecast” looks at past sales and reviews total world Solar Photovoltaic (PV) Block Production Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Photovoltaic (PV) Block Production Equipment sales for 2025 through 2031.

With Solar Photovoltaic (PV) Block Production Equipment sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Photovoltaic (PV) Block Production Equipment industry.

This Insight Report provides a comprehensive analysis of the global Solar Photovoltaic (PV) Block Production Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity.

This report also analyses the strategies of leading global companies with a focus on Solar Photovoltaic (PV) Block Production Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Photovoltaic (PV) Block Production Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Photovoltaic (PV) Block Production Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity.

With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Photovoltaic (PV) Block Production Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Photovoltaic (PV) Block Production Equipment market by product type, application, key players, and key regions and countries.

Segmentation by Type

• Fully Automatic
• Semi-automatic

Segmentation by Application

• Monocrystalline
• Polycrystalline

Market by Region

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

Company Coverage

• CETC48
• Decent
• GEC
• Jinggong Science & Technology
• VJ Solar Asias

Key Questions Addressed in this Report