According to McKinsey data analysis, Chinese solar panel producers accounted for around half of the global solar panel market. Around 70 to 85 percent of first-tier components for the solar panel products came also from Chinese suppliers.
Global market share of Chinese technology producers in 2018, by technology segment*
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McKinsey & Company. (July 1, 2019). Global market share of Chinese technology producers in 2018, by technology segment* [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/
McKinsey & Company. "Global market share of Chinese technology producers in 2018, by technology segment*." Chart. July 1, 2019. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/
McKinsey & Company. (2019). Global market share of Chinese technology producers in 2018, by technology segment*. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/
McKinsey & Company. "Global Market Share of Chinese Technology Producers in 2018, by Technology Segment*." Statista, Statista Inc., 1 Jul 2019, https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/
McKinsey & Company, Global market share of Chinese technology producers in 2018, by technology segment* Statista, https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/ (last visited December 23, 2024)
Global market share of Chinese technology producers in 2018, by technology segment* [Graph], McKinsey & Company, July 1, 2019. [Online]. Available: https://www.statista.com/statistics/1036979/chinese-tech-manufacturers-share-in-the-world-by-market-segment/