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The global solar photovoltaic (PV) module market has been growing at pace and is projected to rise to $133.12bn in market value by 2028, according to Power Technology ''s parent

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Since 2021, the solar photovoltaic (PV) modules market has experienced explosive growth, driven predominantly by the aggressive expansion of Chinese manufacturers, who maintain

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4 Frequently Asked Questions about "Solar panel solar module sales"

Who are the top 20 global photovoltaic module manufacturers?

During the conference, PVBL announced its annual ranking of the top 20 global photovoltaic module manufacturers. In 2024, the global solar module market continued to see the strongest players thrive, with the top four enterprises — JinkoSolar, LONGi, Trina Solar and JA Solar — collectively shipping over 320GW and dominating the industry.

Why is the solar photovoltaic (PV) module market growing?

Since 2021, the solar photovoltaic (PV) modules market has experienced explosive growth, driven predominantly by the aggressive expansion of Chinese manufacturers, who maintain their dominance of global shipments.

What is the global solar photovoltaic (PV) module market value?

Source: abriendomundo/Shutterstock.com. The global solar photovoltaic (PV) module market has been growing at pace and is projected to rise to $133.12bn in market value by 2028, according to Power Technology 's parent company, GlobalData.

How much does a solar module cost?

Average price of solar modules, expressed in US dollars per watt, adjusted for inflation. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt.

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