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%.
Market Analysis and Insights: Global HIT (Heterojunction) Solar Cell Market
Due to the COVID-19 pandemic, the global HIT (Heterojunction) Solar Cell market size is estimated to be worth US$ 1532.7 million in 2022 and is forecast to a readjusted size of US$ 11390 million by 2028 with a CAGR of 39.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Screen Printing Low Temperature Silver Paste accounting for % of the HIT (Heterojunction) Solar Cell global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While PV Power Station segment is altered to an % CAGR throughout this forecast period.
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%.
In terms of production side, this report researches the HIT (Heterojunction) Solar Cell capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of HIT (Heterojunction) Solar Cell by region (region level and country level), by company, by Metallization and by Application. from 2017 to 2022 and forecast to 2028.
Global HIT (Heterojunction) Solar Cell Scope and Segment
HIT (Heterojunction) Solar Cell market is segmented by Metallization and by Application. Players, stakeholders, and other participants in the global HIT (Heterojunction) Solar Cell market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Metallization and by Application for the period 2017-2028.
Segment by Metallization
Screen Printing Low Temperature Silver Paste
Smart-wire
Copper Plating
Segment by Application
PV Power Station
Commercial
Residential
By Company
Panasonic
REC
GS-Solar
Jinergy
HuaSun
Akcome
TW Solar
Canadian Solar
Risen Energy
Enel (3SUN)
Meyer Burger
Hevel Solar
EcoSolifer
SolarTech Universal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE