Thin Films Photovoltaic Market Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Kaneka Corporation (Tokyo :4118.T), JA Solar Technology Co., Ltd. (Shenzhen :002459.SZ

The global market for Thin Films Photovoltaic is expected to register a CAGR of more than 23.06% during the forecast period 2022-2027.

Thin Films Photovoltaic Market Overview

The most commonly used PV cells in the industry are crystalline silicon and thin films PV cells. The market is currently dominated by crystalline silicon PV cells but thin film PV cells have also started gaining importance in the industry. Crystalline silicon PV cells have occupied around 80% of the market share so far but this is expected to fall on account of shortage of silicon and high manufacturing costs. Crystalline silicon PV cells mainly comprise mono-crystalline silicon, poly-crystalline silicon and ribbon silicon while thin film PV cells comprise cadmium-telluride (CdTe), copper-indium diselenide (CIS), copper-indium gallium diselenide (CIGS), amorphous silicon (a-Si), and others. There is a need for thin film PV technologies to continuously increase efficiency which translates to lower system costs coupled with high energy production. Manufacturing costs also need to be brought down in order to achieve competitive pricing. Improvement of efficiency from the current 7-14% to 9-17% in the next three to four years is the main area of interest in the industry. Some of the research labs have registered conversion efficiency as high as 30-40% and this has become a new source of interest among the key stakeholders of the market.

Recent Developments

SEPTEMBER 13

SoloPower Systems Launches World’s Lightest Off-Grid Energy Solution to Bring Electricity to Emerging Economies

SoloPower Systems (“SoloPower”), the photovoltaic technology company specializing in the design, manufacture and deployment of CIGS flexible thin-film solar technology, announced today that it is launching Solo BucketTM, a new portable power kit that will bring electricity to emerging economies around the world, with an inaugural order of 10,000 units. Solo Bucket, the world’s lightest off-grid energy solution, is designed to meet the harsh conditions in regions such as Africa and India and improve access to human rights, such as education and healthcare.

What are the major Applications, Types, and Regions of the Thin Films Photovoltaic Market?

Thin Films Photovoltaic Market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

•     Organic Photovoltaic


•     Inorganic Photovoltaic


•     Others

By Applications, it is segmented into

•     Residential


•     Utility


•     Commercial


•     Military


•     Others

Thin Films Photovoltaic Market Regional Analysis

The global thin-film photovoltaic market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific region is expected to observe significant growth over the forecast timeframe owing to rapidly growing energy consumption coupled with positive government targets to incorporate solar as a major source in the generation mix. In Europe, favorable administrative and organizational policies along with the presence of experienced solar panels manufacturers are anticipated to cater to the regional industry outlook. North America is likely to witness a significant pace owing to the presence of tax subsidies along with various initiatives for research & development to develop cost-effective and more efficient systems.,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Thin Films Photovoltaic Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Thin Films Photovoltaic Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Thin Films Photovoltaic Market report scope?

Scope of the Report covers Thin Films Photovoltaic Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this 5G Base Station Chips Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Thin Films Photovoltaic Report

• Evaluate Thin Films Photovoltaic market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Thin Films Photovoltaic market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Thin Films Photovoltaic Market is studied from 2017 - 2027.

Who are the key players in Thin Films Photovoltaic Market?

SoloPower Systems, Kaneka Corporation (Tokyo :4118.T), JA Solar Technology Co., Ltd. (Shenzhen :002459.SZ), Suntech Power Holdings, Yingli Green Trina Solar, Jinko Solar, Panasonic Corporation, Sharp Corporation, Mitsubishi, Kyocera Corporation and others.

What are the significant types of Thin Films Photovoltaic Market?

Organic Photovoltaic, Inorganic Photovoltaic, Others.

What are the major end-use applications of Thin Films Photovoltaic Market?

Residential, Utility, Commercial, Military, Others.

What segments are covered in the Thin Films Photovoltaic Market report?

The Global Thin Films Photovoltaic Market is segmented on the basis of Product, Application, and Geography.

How can I get a sample report/company profile for the Thin Films Photovoltaic Market?

The sample report for the Thin Films Photovoltaic Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.