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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1212679

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1212679

Thin Film Photovoltaic Cells

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PAGES: 281 Pages
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What`s New for 2023?

»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

»Global competitiveness and key competitor percentage market shares

» Market presence across multiple geographies - Strong/Active/Niche/Trivial

»Online interactive peer-to-peer collaborative bespoke updates

»Access to our digital archives and MarketGlass Research Platform

»Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Thin Film Photovoltaic Cells Market to Reach $62.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Thin Film Photovoltaic Cells estimated at US$17.8 Billion in the year 2022, is projected to reach a revised size of US$62.9 Billion by 2030, growing at a CAGR of 17.1% over the analysis period 2022-2030. a-Si, one of the segments analyzed in the report, is projected to record a 12.9% CAGR and reach US$24 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the CdTe segment is readjusted to a revised 19.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 16.2% CAGR

The Thin Film Photovoltaic Cells market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.7 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.1% and 15.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.7% CAGR.

Select Competitors (Total 58 Featured):

  • Ascent Solar Technologies Inc.
  • AVANCIS GmbH & Co. KG
  • First Solar Inc.
  • Global Solar Energy Inc.
  • Hanergy Holding Group Ltd.
  • Kaneka Corporation
  • MiaSole
  • NexPower Technology Corp.
  • Solar Frontier K.K
  • Solibro GmbH
  • SoloPower Systems, Inc.
  • Trony Solar Holdings Co. Ltd.
  • TSMC Solar Limited
Product Code: MCP-7894

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 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)
    • MiaSole (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
    • TABLE 1: 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 2022 through 2030 and % CAGR
    • TABLE 2: 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 2021 and % CAGR
    • TABLE 3: World 18-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, 2023 & 2030
    • TABLE 4: 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 2022 through 2030 and % CAGR
    • TABLE 5: 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 2021 and % CAGR
    • TABLE 6: World 18-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, 2023 & 2030
    • TABLE 7: 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 2022 through 2030 and % CAGR
    • TABLE 8: 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 2021 and % CAGR
    • TABLE 9: World 18-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, 2023 & 2030
    • TABLE 10: 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 2022 through 2030 and % CAGR
    • TABLE 11: 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 2021 and % CAGR
    • TABLE 12: World 18-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, 2023 & 2030
    • TABLE 13: World Thin Film Photovoltaic Cells Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
    • TABLE 14: 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 2022 through 2030 and % CAGR
    • TABLE 15: 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 2021 and % CAGR
    • TABLE 16: USA 18-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, 2023 & 2030
  • CANADA
    • TABLE 17: 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 2022 through 2030 and % CAGR
    • TABLE 18: 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 2021 and % CAGR
    • TABLE 19: Canada 18-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, 2023 & 2030
  • JAPAN
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
    • TABLE 20: 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 2022 through 2030 and % CAGR
    • TABLE 21: 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 2021 and % CAGR
    • TABLE 22: Japan 18-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, 2023 & 2030
  • CHINA
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
    • TABLE 23: 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 2022 through 2030 and % CAGR
    • TABLE 24: 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 2021 and % CAGR
    • TABLE 25: China 18-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, 2023 & 2030
  • EUROPE
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
    • TABLE 26: 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 2022 through 2030 and % CAGR
    • TABLE 27: 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 2021 and % CAGR
    • TABLE 28: Europe 18-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, 2023 & 2030
    • TABLE 29: 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 2022 through 2030 and % CAGR
    • TABLE 30: 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 2021 and % CAGR
    • TABLE 31: Europe 18-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, 2023 & 2030
  • FRANCE
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
    • TABLE 32: 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 2022 through 2030 and % CAGR
    • TABLE 33: 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 2021 and % CAGR
    • TABLE 34: France 18-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, 2023 & 2030
  • GERMANY
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
    • TABLE 35: 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 2022 through 2030 and % CAGR
    • TABLE 36: 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 2021 and % CAGR
    • TABLE 37: Germany 18-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, 2023 & 2030
  • ITALY
    • TABLE 38: 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 2022 through 2030 and % CAGR
    • TABLE 39: 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 2021 and % CAGR
    • TABLE 40: Italy 18-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, 2023 & 2030
  • UNITED KINGDOM
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
    • TABLE 41: 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 2022 through 2030 and % CAGR
    • TABLE 42: 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 2021 and % CAGR
    • TABLE 43: UK 18-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, 2023 & 2030
  • REST OF EUROPE
    • TABLE 44: 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 2022 through 2030 and % CAGR
    • TABLE 45: 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 2021 and % CAGR
    • TABLE 46: Rest of Europe 18-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, 2023 & 2030
  • ASIA-PACIFIC
    • Thin Film Photovoltaic Cells Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
    • TABLE 47: 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 2022 through 2030 and % CAGR
    • TABLE 48: 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 2021 and % CAGR
    • TABLE 49: Asia-Pacific 18-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, 2023 & 2030
  • REST OF WORLD
    • TABLE 50: 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 2022 through 2030 and % CAGR
    • TABLE 51: 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 2021 and % CAGR
    • TABLE 52: Rest of World 18-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, 2023 & 2030

IV. COMPETITION

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+32-2-535-7543

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Manager - Americas

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