Insights on the Perovskite Solar Cells Global Market to 2028 – Featuring Oxford Photovoltaics, Solaronix and Dyesol Among Others
The global perovskite solar cells market size is expected to reach USD 3,926.0 Million in 2028, and register a CAGR of 30.8% during the forecast period.
Growing awareness regarding benefits of perovskite solar cells such as minimal or zero carbon emission, lightweight and flexible, is expected to result increasing scope of its applications in various end-use industries. This, coupled with ample availability of naturally-occurring clean energy source are major factors expected to drive growth of the perovskite solar cells market to a significant extent.
Major international players operating in the global perovskite solar cells market are investing in R&D to enhance efficiency and stability of these cells, extend life span, and use non-toxic materials. This factor is expected to create revenue opportunities for existing and well as new players, thereby driving market growth.
However, Lead-based absorber may be potentially harmful to the environment which could restrain adoption of these cells.
Some Key Findings From the Report:
- Among the structure segments, the planar perovskite solar cells segment accounted for major revenue share of 69.3% in 2020.
- The Asia Pacific market size was USD 184.5 Million in 2020, and this regional market is expected to dominate in the global market over the forecast period, due to increasing urbanization, increasing focus on adopting clean energy to reduce use on depleting fossil fuels, and well-established consumer electronics industry in the region.
North America accounted for the second-largest revenue share in the global perovskite solar cells market in 2020, due to growing demand for the product from various end-use industries, and presence of major players in the region.
Key players profiled in the report include Oxford Photovoltaics, FrontMaterials Co. Ltd., Solaronix SA, Xiamen Weihua Solar Co. Ltd., Fraunhofer ISE, Dyesol, Saule Technologies, FlexLink Systems Inc., Polyera Corporation, and New Energy Technologies Inc. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
Reasons to Buy the Report
A robust analysis and estimation of the Perovskite Solar Cells Market with four levels of quality check – in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
A holistic competitive landscape of all the major players in the Perovskite Solar Cells Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Perovskite Solar Cells Segmentation & Impact Analysis
4.1. Perovskite Solar Cells Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. High efficiency of Perovskite solar cells than conventional solar cells
22.214.171.124. Growing environmental concerns
126.96.36.199. Technological Advancement
188.8.131.52. Surging demand for clean energy
4.2.3. Market restraints analysis
184.108.40.206. High cost of the product
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Perovskite Solar Cells Market By Structure Insights & Trends
Chapter 6. Perovskite Solar Cells Market By Product Type Insights & Trends
Chapter 7. Perovskite Solar Cells Market By Method Insights & Trends
Chapter 8. Perovskite Solar Cells Market By Industry Verticals Insights & Trends
Chapter 9. Perovskite Solar Cells Market Regional Outlook
Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/5lpskw
View source version on businesswire.com: https://www.businesswire.com/news/home/20211122006432/en/
Laura Wood, Senior Press Manager
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