What is PERC Solar Module?
PERC solar module is Passivated Emitter and Rear Cell or Passivated Emitter and Rear Contact is the new innovative technology designed to achieve higher energy efficiency in various applications by adding the dielectric passivation layer on the rear cell. The PERC technology is a solar cell architecture that differs from the standard cell architecture which is being used for decades usually in all photovoltaic manuals. The global PERC solar module market is expected to grow during the forecasted year due to the increasing need for efficient power sources across the world with growing urbanization and industrial applications.
The market study is broken down by Type (Mono-crystalline Solar Module, Polycrystalline Solar Module and Thin-film Solar Module), by Application (Home, Commercial and Power Plants) and major geographies with country level break-up.
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aleo Solar GmbH (Germany), Meyer Burger (Switzerland), Q CELLS (United States), LONGi Solar Technology Co, Ltd (China), Canadian Solar Inc. (Canada), JinkoSolar Holding Co., Ltd. (China), Trina Solar Limited (China), REC Solar Holdings AS (Singapore), GCL System Integration (China), Tongwei Group Co., Ltd. (China) and Risen Energy Co., Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global PERC Solar Module market by Type, Application and Region.
On the basis of geography, the market of PERC Solar Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the PERC Solar Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cell, the sub-segment i.e. 60-Cell will boost the PERC Solar Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 21st October 2019, LONGI Solar announced the agreement that they have entered into a supply deal with the Hexagon Holdings Singapore for Vietnam. HExagon will utilize the modules for its pipeline of utility-scale projects in Vietnam, most of which are commissioned by Q1 of 2021. Their products’ reliability, financial strength and above all the people managing the business are the 3 most important factors for the choice of a manufacturing partner for Hexagon in Vietnam.
Market Trend
- Rapid Innovations in Solar PV Industry
Market Drivers
- Increasing Need for Efficient Power Sources
- Growing Applications in Rooftop Solar Systems
Opportunities
- Progress in Continuous Research and Development in both Existing and Emerging Technologies
- Demand from the Power Generation Industry
Restraints
- Problem with Disposal of PERC Solar Module Affecting the Environment
Challenges
- Problems with Flexibility, Grid-connection, and Integration
- Lack of Relevant Standards an Quality Control Measures
Key Target Audience
PERC Solar Module Manufacturers, PERC Solar Module International Traders, PERC Solar Module Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.