This report studies the PV Ribbon market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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PV Ribbon is tinned copper, is an important raw material in the welding process of the photovoltaic module, the solar cells connection; .Ribbons weld a number of solar cells, can form a certain output voltage power supply circuit. .PV Ribbon’s quality good or not will directly affect the PV modules current collection efficiency, influencing the PV modules power.
Because of the government subsidies to the industry, the price volatility is very obvious, it is recommended that the company planning to invest this project need to carefully consider the actual situation, then make the best decision.
China was the largest consumer market with a market share of 55.89% in 2011 and 68.54% in 2015 with an increase of 12.65%. Europe and USA ranked the second and third markets with the market share of 15.52% and 6.48% in 2015.
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China was the largest production market with a market share of 76.34% in 2011 and 80.25% in 2015 with an increase of 3.91%. The other regions are holding a small market share compared to China.
At present, the top twenty companies make up more than 90% market share of the PV Ribbon market, and the world’s large enterprises are mainly concentrated in China. The top five manufacturers are YourBuddy, Ulbrich, Sveck, Hitachi Cable, Esun New Material. They respectively with global production market share as 16.66%, 10.02%, 9.99%, 8.83% and 8.46% in 2015.
The PV Ribbon market has been growing in accordance with the awareness of environmental protection and the promotion of clean energy of the society. What is more, the government is supporting solar industry too. With the fierce competition of the market, the manufacturers are had better concerning more on their R&D and services.
The global PV Ribbon market was 690 million US$ in 2017 and is expected to 1210 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2018 and 2025.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
- Ulbrich Precision Flat Wire
- Hitachi Cable
- E Sun New Material
- Kunming Sunlight Science and Technology
- Baoding Yitong PV Science&Technology
- Jiangsu Sun Group
- SHENMAO Technology
- E- WRE
- Creativ RSL
- Huaguangda technology
- Qin Huangdao Donwoo Electronic
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
- Solar battery
- Solar modules to the junction box
- Film substrate
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