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World - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights

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Solar Cells and Light-emitting Diodes Market

Name: Solar Cells and Light-emitting Diodes Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Solar cells and light-emitting diodes market, IndexBox, market research, global market, publisher

Solar cells and light-emitting diodes market: discover the most recent facts and figures provided by an Ai-driven BI tool. Statistics include companies, market size, consumption, imports, exports, market prices, trade, and production. There is a breakdown by region, including the Middle East, Africa, the U.K., the U.S., Latin America, Russia, EU, and China. Market dynamics and forecast to 2030 are also featured in the dashboards.

Get FREE access to the latest data and statistics on the Solar Cells and Light-emitting Diodes Market.

Solar Cells and Light-emitting Diodes - World's Largest Markets

Rating	Country
1	India
2	Vietnam
3	United States
4	China
5	Brazil

In value terms, India, Vietnam and the United States appeared to be the countries with the highest levels of market value in 2020, together comprising 26% of the global market.

Vietnam (+120.2% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while solar cells and light-emitting diodes market for the other global leaders experienced more modest paces of growth.

Solar Cells and Light-Emitting Diodes Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Singapore	62376	93814	1152	-86.4%
Hong Kong SAR	7261	3260	3449	-31.1%
China	6384	5273	5273	-9.1%
Netherlands	10845	7399	6086	-25.1%
Thailand	12398	8202	6758	-26.2%
Malaysia	21051	9618	8572	-36.2%
South Korea	18639	16540	15427	-9.0%
Average	11892	7892	6760	-24.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Korea ($15,427 per ton), while Singapore ($1,152 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	44083	57967	52847	9.5%
China	13943	13781	13621	-1.2%
Vietnam	35010	21631	8252	-51.5%
Germany	12706	9578	8001	-20.6%
Hong Kong SAR	10163	7777	7996	-11.3%
France	15703	10228	7118	-32.7%
Japan	9264	8016	7102	-12.4%
Netherlands	11707	6753	5788	-29.7%
India	6021	5895	5039	-8.5%
Australia	5506	4825	4271	-11.9%
Spain	4754	4483	4096	-7.2%
Brazil	5680	5077	3880	-17.4%
Singapore	4979	2151	1927	-37.8%
Average	11506	9721	8978	-11.7%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($52,847 per ton), while Singapore ($1,927 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the import price figures.

Solar Cells and Light-Emitting Diodes - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	4.4	8.4	10	53.5%
China	7.2	5.4	6.6	-3.9%
Hong Kong SAR	4.5	4	4.1	-4.3%
Japan	3.7	3.6	3.2	-6.9%
Vietnam	1.7	3.1	3.1	34.5%

In value terms, the largest solar cells and light-emitting diodes importing markets worldwide were the United States ($10.5B), China ($6.6B) and Hong Kong SAR ($4.1B), with a combined 38% share of global imports.

Among the main importing countries, the United States (+53.5% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Solar Cells and Light-Emitting Diodes - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	18	24	24	14.1%
Malaysia	6.1	6.8	4.2	-17.1%
Hong Kong SAR	3.6	3.3	3.3	-5.2%
South Korea	4.3	3.5	3.1	-15.0%
Thailand	1.2	1.6	1.9	25.9%

In value terms, China ($23.7B) remains the largest solar cells and light-emitting diodes supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Malaysia ($4.2B), with a 7.6% share of global exports. It was followed by Hong Kong SAR, with a 5.9% share.

In China, solar cells and light-emitting diodes exports expanded at an average annual rate of +14.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Malaysia (-17.1% per year) and Hong Kong SAR (-5.2% per year).

Solar Cells and Light-Emitting Diodes - Market Forecast

Driven by increasing demand for solar cells and light-emitting diodes worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Solar Cells and Light-Emitting Diodes - Top Companies

Samsung Electronics Co., Ltd.,, Intel Corporation, Shenzhen Xtalite Technology Co., Ltd., TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED, SK Hynix Inc., Micron Technology, Inc., MICRON SEMICONDUCTOR ASIA PTE. LTD., Texas Instruments Incorporated, Lam Research Corporation, ADVANCED SEMICONDUCTOR ENGINEERING, INC., Nvidia Corporation, Nokia of America Corporation, SONY SEMICONDUCTOR SOLUTIONS CORPORATION, RENESAS ELECTRONICS CORPORATION, On Semiconductor Corporation, SONY SEMICONDUCTOR MANUFACTURING CORPORATION, Advanced Micro Devices, Inc., Analog Devices, Inc., Freescale Semiconductor Holdings V, Inc., Nxp Usa, Inc.

Solar Cells and Light-emitting Diodes - Product Coverage

HS 854140 - Electrical apparatus; photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for solar cells and light-emitting diodes. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)

• Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022

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