Capacity, Applications, and Outlook
210mm Modules to Arrive at 253.9GW in Capacity amidst
Diversified Application Scenarios
TRENDFORCE
Large-sized modules will continue to expand in capacity during 2022. New established capacity is essentially compatible with 210mm and below sizes. Large-sized
modules are expected to arrive at 442.2GW in capacity at the end of 2022 under a market share of 82.86%, of which 210mm modules would account for
253.9GW in capacity under a market share of 47.57%. 166mm and below modules will gradually diminish in capacity, and will occupy merely 17.14% of market share
amid demand migration as well as businesses' elimination or upgrades of old capacity.
Homogeneous product competition has become increasingly intense under diversification in application scenarios of large-sized modules. 166 modules have
accelerated in the exit from the market, while the competition between 182mm and 210mm has become exceedingly ferocious. The current demand from ground power
stations sits primarily at large-sized products (182 & 210mm). For the distributed PV area, businesses are expediting on the release of products compatible with large-
sized modules, which are more in line with the market demand, and are more apparent in advantages pertaining to conversion efficiency and power amidst a continuous
reduction in the cost per single wattage.
Capacity Changes in Various Sized Modules (Unit: GW)
Market Share of Modules (Unit: %)
800
100%
7.69%
90%
700
20.25%
32.59%
80%
600
47.57%
56.61%
70%
61.39%
62.86%
500
60%
365.3
408
429
400
253.9
50%
34.87%
128.8
40%
300
72.06%
20
30%
200
52.7
137.8
188.3
209.8
20%
35.28%
32.51%
32.17%
31.33%
213.8
213.8
100
187.5
128.6
91.5
0
2020
2021
10%
70.2
42.85
39.7
90
0%
2022 (F)
■166&below 182 ■210
2023(F)
2024(F)
2025(F)
2020
2021
2022 (F)
■166&below 182 ■210
32.54%
17.14%
10.88%
6.45%
5.82%
2023(F)
2024(F)
2025(F)
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