Global Solar Cell Films Market: Snapshot
Considering the alarming rate at which the non-renewable sources of energy are depleting, the demand for solar energy is at an all-time high. Furthermore, escalating energy demands witnessed worldwide will bolster prospects for renewable energy sources. Against this backdrop, Transparency Market Research expects the demand for solar cell films to rise in response to the soaring demand for solar energy. Besides this, favorable policies and fiscal incentives by governments encouraging the use of solar energy is likely to have a positive impact on the global solar cell films market.
This paradigm shift in energy usage has augured well for the global solar cell films market, enabling it exhibit a CAGR of 9.40% between 2015 and 2023. At this pace, the market’s valuation is likely to reach US$20.9 bn by the end of 2023. Also competition prevailing in the market is expected to remain high through the forecast period, as more and more companies engage in research and development activities to commercialize thin film PV technologies.
Commercial Sector to Exhibit Increased Demand for Solar Cell Films
Based on type, the global solar cell films market can be segmented into cadmium telluride, amorphous silicon, and copper indium gallium selenide. Of these, cadmium telluride has emerged as the most valued product and is projected to remain a prominent segment through the report’s forecast period. Cadmium telluride boasts a longer shelf life, low production cost, and high product efficiency. On the back of these factors, the demand for cadmium telluride is likely to remain high even in the forthcoming years.
In terms of end users, industrial, commercial, and residential sectors constitute the key market segments. Of these, the commercial sector is likely to showcase the maximum demand for solar cell films on account of the increasing demand for electricity. Solar cell films have an unlimited capacity of power supply and has a much less maintenance cost, which make them highly feasible for use in offices, shopping complexes, malls, multiplexes, and other commercial buildings.
Europe Emerges as Dominant Segment in Global Market
Regionally, the global solar cell films market can be segmented into North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Among these regions, Europe has emerged as the dominant market for solar cell films, on the back of increased installation of solar cell films in nations such as Germany, Russia, France, Spain, and the UK. However during the course of the forecast period, Asia Pacific is forecast to exhibit growth at a higher pace. The rapid industrialization and swiftly increasing population are the chief driving factors of the solar cell films market in Asia Pacific. Besides this, the market is expected to witness lucrative opportunities North America on account of the rising demand from the U.S. and Canada.
Some of the most prominent companies operating in the global solar cell films market are 3M, Prism Solar Technologies Inc., DUNMORE Corp., Solar Frontier K.K., Hanergy Holding Group Ltd., First Solar Inc., Advanced Energy Industries Inc., Heliatek GmbH, Kaneka Corp., Stion Corp., and Lucent CleanEnergy. A majority of these companies are focusing on gaining a competitive edge via innovations. Hence investment toward research and development will continue scaling in the global solar cell films market through the forecast period.
Section 1 Preface
Section 2 Executive Summary
Section 3 Solar Cell Films Market – Industry Analysis
Section 4 Solar Cell Film Market – Type Analysis
Section 5 Solar Cell Film Market – End-use Analysis
Section 6 Solar Cell Films Market – Regional Analysis
Section 7 Company Profile – Solar Cell Films Market
List of Tables
TABLE 1 Global Solar Cell Films Market Snapshot, 2014 & 2023
TABLE 2 Government support in the form of incentives and subsidies to promote clean energy
TABLE 3 Increase in demand for solar energy coupled with regulatory framework
TABLE 4 Second generation PV systems poses low efficiency
List of Figures
FIG. 1 Solar Cell Films Market, 2015 – 2023
FIG. 2 Global Solar Cell Films Market, Estimates and Forecast, By Volume and Revenue, 2013 – 2023 (MW) (USD Million)
FIG. 3 CdTe Thin Film Solar Cell Diagram
FIG. 4 Value Chain Analysis of Solar Cell Films Market
FIG. 5 Fossil fuel carbon dioxide emission levels
FIG. 6 Global carbon emissions, 2009-2019, kilo Tons
FIG. 7 U.K. feed-in Tariff rates for 2.6 KW Solar PV
FIG. 8 Porter's Five Forces Analysis
FIG. 9 Solar Cell Films Market Attractiveness, by Geography, 2014
FIG. 10 Type Segment Market Share, 2014
FIG. 11 Type Segment Market Share, 2023
FIG. 12 Global Amorphous Silicon Solar Cell Films Market, By Volume, 2013-2023 (MW)
FIG. 13 Global Amorphous Silicon Solar Cell Films Market, By Revenue, 2013-2023 (USD Million)
FIG. 14 Global Cadmium Telluride Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 15 Global Cadmium Telluride Solar Cell Films Market, By Revenue, 2013-2023 (USD Million)
FIG. 16 Global Copper Indium Gallium Diselenide Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 17 Global Copper Indium Gallium Diselenide Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 18 End-use Segment Market Share, 2014
FIG. 19 End-use Segment Market Share, 2023
FIG. 20 Global Residential Solar Cell Films Market, By Volume, 2013-2023 (MW)
FIG. 21 Global Residential Solar Cell Films Market, By Revenue, 2013-2023 (USD Million)
FIG. 22 Global Commercial Solar Cell Films Market, By Volume, 2013-2023 (MW)
FIG. 23 Global Commercial Solar Cell Films Market, By Revenue, 2013-2023 (USD Million)
FIG. 24 Global Industrial Solar Cell Films Market, By Volume, 2013-2023 (MW)
FIG. 25 Global Industrial Solar Cell Films Market, By Revenue, 2013-2023 (USD Million)
FIG. 26 Regional Market Share , 2014
FIG. 27 Regional Market Share , 2023
FIG. 28 North America Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 29 North America Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 30 North America Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 31 North America Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 32 North America Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 33 North America Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 34 North America Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 35 U.S. Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 36 U.S. Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 37 U.S. Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 38 U.S. Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 39 U.S. Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 40 U.S. Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 41 Canada Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 42 Canada Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 43 Canada Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 44 Canada Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 45 Canada Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 46 Canada Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 47 Rest of North America Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 48 Rest of North America Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 49 Rest of North America Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 50 Rest of North America Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 51 Rest of North America Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 52 Rest of North America Solar Cell Film Market, End-use, By Revenue, 2013-2023 (MW)
FIG. 53 South America Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 54 South America Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 55 South America Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 56 South America Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 57 South America Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 58 South America Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 59 Brazil Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 60 Brazil Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 61 Brazil Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 62 Brazil Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 63 Brazil Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 64 Brazil Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 65 Argentina Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 66 Argentina Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 67 Argentina Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 68 Argentina Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 69 Argentina Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 70 Argentina Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 71 Rest of South America Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 72 Rest of South America Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 73 Rest of South America Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 74 Rest of South America Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 75 Rest of South America Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 76 Rest of South America Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 77 Europe Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 78 Europe Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 79 Europe Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 80 Europe Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 81 Europe Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 82 Europe Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 83 Germany Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 84 Germany Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 85 Germany Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 86 Germany Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 87 Germany Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 88 Germany Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 89 Russia Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 90 Russia Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 91 Russia Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 91 Russia Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 93 Russia Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 94 Russia Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 95 Rest of Europe Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 96 Rest of Europe Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 97 Rest of Europe Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 98 Rest of Europe Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 99 Rest of Europe Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 100 Rest of Europe Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 101 Asia Pacific Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 102 Asia Pacific Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 103 Asia Pacific Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 104 Asia Pacific Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 105 Asia Pacific Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 106 Asia Pacific Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 107 China Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 108 China Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 109 China Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 110 China Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 111 China Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 112 China Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 113 Japan Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 114 Japan Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 115 Japan Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 116 Japan Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 117 Japan Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 118 Japan Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 119 Rest of Asia Pacific Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 120 Rest of Asia Pacific Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 121 Rest of Asia Pacific Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 122 Rest of Asia Pacific Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 123 Rest of Asia Pacific Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 124 Rest of Asia Pacific Solar Cell Film Market, End-use, By Volume, 2013-2023 (USD Million)
FIG. 125 Middle East Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 126 Middle East Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 127 Middle East Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 128 Middle East Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 129 Middle East Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 130 Middle East Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 131 Qatar Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 132 Qatar Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 133 Qatar Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 134 Qatar Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 135 Qatar Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 135 Qatar Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 136 UAE Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 137 UAE Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 138 UAE Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 139 UAE Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 140 UAE Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 141 UAE Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 142 Rest of Middle East Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 143 Rest of Middle East Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 144 Rest of Middle East Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 145 Rest of Middle East Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 146 Rest of Middle East Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 147 Rest of Middle East Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 148 Africa Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 149 Africa Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 150 Africa Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 151 Africa Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 152 Africa Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 153 Africa Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 154 Egypt Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 155 Egypt Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 156 Egypt Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 157 Egypt Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 158 Egypt Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 159 Egypt Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 160 South Africa Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 161 South Africa Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 162 South Africa Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 163 South Africa Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 164 South Africa Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 165 South Africa Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)
FIG. 166 Rest of South Africa Solar Cell Film Market, By Volume, 2013-2023 (MW)
FIG. 167 Rest of South Africa Solar Cell Film Market, By Revenue, 2013-2023 (USD Million)
FIG. 168 Rest of South Africa Solar Cell Film Market, Type, By Volume, 2013-2023 (MW)
FIG. 169 Rest of South Africa Solar Cell Film Market, Type, By Revenue, 2013-2023 (USD Million)
FIG. 170 Rest of South Africa Solar Cell Film Market, End-use, By Volume, 2013-2023 (MW)
FIG. 171 Rest of South Africa Solar Cell Film Market, End-use, By Revenue, 2013-2023 (USD Million)