India Crystalline Solar Cell Market Size & Outlook, 2025-2033

India Crystalline Solar Cell Market Highlights

According to Market Strides analysis, the India Crystalline Solar Cell Market size was USD 2611.16 Million in 2024 and is projected to reach USD 4,305.61 Million by 2033.
The India market is projected to grow at a CAGR of 5.67% between 2025 and 2033.
By segment, Residential emerged as the largest Application in terms of market size in 2024.
Commercial is anticipated to remain the most attractive Application segment, recording the fastest growth during the forecast period.

India Crystalline Solar Cell Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

In 2024, India represented 3.2% of the overall global Crystalline Solar Cell Market size.
United States is projected to lead the global Crystalline Solar Cell Market size by 2033.
Across Asia Pacific, China is anticipated to hold the dominant position in market by 2033.
South East Asia is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 2121.92 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 2611.16 Million
Market Size In 2033	USD 4,305.61 Million
Largest segment	Residential
Units	Revenue in USD Million
CAGR	5.67% (2025-2033)
Segmnetation Covered
Application	Residential Commercial Utility-Scale Agricultural
Technology	Monocrystalline Solar Cells Polycrystalline Solar Cells Thin-Film Solar Cells
End Use	Power Generation Off-Grid Applications Charging Stations
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

India Crystalline Solar Cell Market Application 2025-2033 (USD Million)

Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Residential	XX.x	XX.x	XX.x	1044.72	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Commercial	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Utility-Scale	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Agricultural	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

India Crystalline Solar Cell Market Technology 2025-2033 (USD Million)

Technology	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Monocrystalline Solar Cells	XX.x	XX.x	XX.x	1411.07	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Polycrystalline Solar Cells	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Thin-Film Solar Cells	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

India Crystalline Solar Cell Market End Use 2025-2033 (USD Million)

End Use	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Power Generation	XX.x	XX.x	XX.x	1403.23	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Off-Grid Applications	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Charging Stations	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.