Thin Film Photovoltaic Cells

World Market Report

MCP-7894

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DATE

OCT 2022

TABLES

202

PAGES

281

EDITION

19

PRICE

USD 5450

CODE

MCP-7894


COMPETITIVE METRICS

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HIGHLIGHTS & REPORT INDEX

What`s New for 2022?

» Global competitiveness and key competitor percentage market shares
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Amid the COVID-19 crisis, the global market for Thin Film Photovoltaic Cells estimated at US$17.2 Billion in the year 2020, is projected to reach a revised size of US$62.3 Billion by 2027, growing at a CAGR of 20.2% over the analysis period 2020-2027. a-Si, one of the segments analyzed in the report, is projected to record a 15.2% CAGR and reach US$23.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the CdTe segment is readjusted to a revised 23.4% CAGR for the next 7-year period.
The Thin Film Photovoltaic Cells market in the U.S. is estimated at US$5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.9 Billion by the year 2027 trailing a CAGR of 19.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 18% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.
In the global CIGS / CIS segment, USA, Canada, Japan, China and Europe will drive the 27% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$8.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.7 Billion by the year 2027.

SELECT PLAYERS

Ascent Solar Technologies Inc.; AVANCIS GmbH & Co. KG; First Solar Inc.; Global Solar Energy Inc.; Hanergy Holding Group Ltd.; Kaneka Corporation; MiaSolé; NexPower Technology Corp.; Solar Frontier K.K; Solibro GmbH; SoloPower Systems, Inc.; Trony Solar Holdings Co. Ltd.; TSMC Solar Limited

SEGMENTS

» Material Type (a-Si, CdTe, CIGS / CIS)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Thin Film Photovoltaic Cells: Compact, Flexible, Eco-Friendly and Low Cost Features Spur Adoption
Recent Market Activity
Environmental Concerns and Increasing Governed Investments in Solar Power Augurs Well for the Thin Film Solar Cells Market
Asia-Pacific, with China at the Helm, Spearheads Growth in Thin Film PV Cells Market
Surging Demand for CdTe and CIGS Thin Film PV Cells to Foster Market Growth
Sustainable, Uninterrupted Supply Needs Fuel Thin Film Cell Use in Residential, Commercial and Utility Sectors
A Peek into Applications of Photovoltaic Thin Films
Thin Film Photovoltaic Cells – Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
Ascent Solar Technologies, Inc. (USA)
Astronergy/Chint Solar (China)
AVANCIS GmbH & Co. KG (Germany)
First Solar, Inc. (USA)
Hanergy Holding Group Ltd. (China)
Global Solar Energy, Inc. (USA)
MiaSolé (USA)
Solibro GmbH (Germany)
Kaneka Corporation (Japan)
NexPower Technology Corp. (Taiwan)
Sharp Solar Energy Solutions Group (USA)
Solar Frontier K.K (Japan)
SoloPower Systems, Inc. (USA)
Trony Solar Holdings Co., Ltd. (China)
TSMC Solar Limited (Taiwan)
3. MARKET TRENDS & DRIVERS
Solar Power - The Major Application Area of Thin Film PV Cells
Growing Focus on Renewable Sources of Energy Favors Market Growth
Robust Growth for Solar PV Industry: Potential Growth Opportunities for Thin Films PV Market
Increasing Government Investments Drive Growth in the Thin Films Photovoltaic Market
Thin Film Technology Moves Ahead
Thin Film PV - A Substitute to Crystalline Silicon Technology
Comparison between Crystalline Silicon and Thin Film Technologies
Thin Film Efficiencies Inch Closer towards Silicon Cells
CIGS - An Emerging Thin Film Technology Gaining Immense Popularity
CIGS Market: A Glance at the Past
Environmental Concerns of Cadmium in Photovoltaic Thin Film Production
Perovskite Solar Cells: An Emerging Thin Film PV Cell Technology
Miniaturization Trend in Electronics Favors Growth in the Thin Films Market
Flexible Thin Film Cells Gain Attention
BIPV: A Promising Technology for Power Generation in Residential or Commercial Buildings
BIPV Roofing Market - Residential Building Activity Favors Growth
CIGS - An Emerging Thin Film Technology to Take the Lead
Thin-film Solar Panels for Residential Sector: A Wider Choice of Panels for Homeowners
Challenges in Thin-film PV Industry
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Thin Film Photovoltaic Cells by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Thin Film Photovoltaic Cells by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for a-Si by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for a-Si by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for a-Si by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for CdTe by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for CdTe by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for CdTe by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for CIGS / CIS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for CIGS / CIS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for CIGS / CIS by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Thin Film Photovoltaic Cells Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
UNITED STATES
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
JAPAN
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
CHINA
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
EUROPE
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe Historic Review for Thin Film Photovoltaic Cells by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Thin Film Photovoltaic Cells by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027
Europe Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
FRANCE
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
GERMANY
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
UNITED KINGDOM
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
ASIA-PACIFIC
Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Thin Film Photovoltaic Cells by Material Type - a-Si, CdTe and CIGS / CIS Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Thin Film Photovoltaic Cells by Material Type - Percentage Breakdown of Value Sales for a-Si, CdTe and CIGS / CIS for the Years 2012, 2021 & 2027

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