Perovskite Solar Cell Market Is Valued to Grasp the Worth

DALLAS, Sept. 22, 2022 (GLOBE NEWSWIRE) — A qualitative research study conducted by Data Bridge Market Research Database of 350 pages, titled “Global Perovskite Solar Cell Market” with over 100 market data tables, pie charts, graphs and figures spread across the pages and easy to understand in-depth analysis. The Perovskite Solar Cells report gives this industry a clear idea of ​​what is already available in the market, what the market is expecting, the competitive landscape and what to do to outperform the competitor. The report provides key statistics on the market status of global and regional manufacturers and proves to be an important source of guidance and direction for companies and individuals interested in the industry. In order to obtain maximum return on investment (ROI), it is very important to find out market parameters such as brand awareness, market landscape, potential future issues, industry trends, and customer behavior where this Perovskite Solar Cells report comes into play.

The global market for perovskite solar cells was valued at US$0.17 billion in 2021 and is about to reach it is expected to reach USD 6.29 billion by 2029, at a CAGR of 34.50% over the forecast period 2022-2029. In the technology sector, high growth in the energy sector is expected due to population growth. The market report, curated by Data Bridge market research team, includes in-depth expert analysis, import/export analysis, price analysis, production consumption analysis, and tappet analysis.

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Market synopsis:

Perovskite solar cell (PSC) consist of perovskite-structured material as active layer. These materials offer excellent light absorption and charge carrier mobilities. Perovskite solar cell refers to a solar cell mainly composed of hybrid organic-inorganic lead as the light-harvesting active layer.

Perovskite solar cells (PSCs) are gaining a lot of attention in the field of research among various new generation photovoltaic technologies because of their super power conversion efficiency. The renewable energy sector is increasingly investing in perovskite solar cells.

Opportunities for players:

Moreover, the increasing number of research and development activities offers profitable opportunities to the market participants during the forecast period of 2022 to 2029. The spread of alternative energy sources will also further expand the market.

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Major Players in Perovskite Solar Cells Market are:

  • Saule Technologies (Poland)
  • Fraunhofer ISE (Germany)
  • Oxford PV (UK), IDTechEx Ltd (UK)
  • Greatcell Energy (Australia)
  • FrontMaterials Co.Ltd. (Taiwan)
  • Solaronix SA (Switzerland)
  • G24 Power Ltd. (Great Britain)
  • Tandem PV, Inc. (USA)
  • Solar Research Solliance (Netherlands)
  • Microquanta Semiconductor Co.Ltd. (China)
  • Alfa Aesar (USA)
  • Dyenamo AB (Sweden)
  • FUJIFILM Wako Pure Chemical Corporation (USA)
  • Panasonic Corporation (Japan)
  • Toshiba Corporation (Japan)

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The report provides insights into the following indications:

market penetration: Comprehensive information on the product portfolios of the top players in the Perovskite Solar Cell market

Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities and product launches in the market

competitive evaluation: In-depth assessment of the market strategies as well as the geographic and business segments of the leading market players

market development: Comprehensive information on emerging markets. This report analyzes the market for different segments in different regions

market diversification: Comprehensive information on new products, untapped regions, current developments and Investing in Perovskite Solar Cells Market

Market Dynamics: Perovskite Solar Cells Market

key driver

  • Increase in demand for solar cells

Increasing demand for solar cells due to their flexibility and light weight is one of the main factors driving the perovskite solar cell market. The increase in the number of applications in various industries is also having a positive impact on the market.

The surge in economic growth and energy security are accelerating the market growth. The increasing need to reduce poverty and improve quality of life with the help of modern energy services has also contributed to the expansion of the market.

  • Increase in installation of solar systems

The increase in the number of solar system installations continues to influence the market. Increasing demand for perovskite solar cells due to growing need to drive down solar cell module prices is driving the growth of the market.

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In addition, the rapid urbanization, lifestyle change, investment surge and rising consumer spending are having a positive impact on the perovskite solar cell market.

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Key Industry Segmentation: Perovskite Solar Cells Market

By structure

  • Planar perovskite solar cells
  • Mesoporous perovskite solar cells

By product

  • Rigid perovskite solar cells
  • Flexible perovskite solar cells

By method

  • solution method
  • vapor deposition process
  • Steam-assisted solution method.

through application

  • smart glass
  • solar panel
  • Perovskite in tandem solar cells
  • Wearable Devices
  • Utilities
  • BIPV (Building Integrated Photovoltaic)

According to end use

  • manufacturing
  • energy
  • Industrial automation
  • Aerospace
  • consumer electronics

By type

  • Hybrid PSCs
  • Flexible PSCs
  • Multi-junction PSCs

Regional Analysis/Insights: Perovskite Solar Cells Market

The countries covered Perovskite Solar Cells Market Report are USA, Canada and Mexico in North America, Germany, France, UK, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC) in Asia Pacific (APAC), Saudi Arabia, United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as part of Middle East East and Africa (MEA), Brazil, Argentina and the rest of South America as part of South America.

  • Europe dominates the market for perovskite solar cells due to the increasing number of research and development activities in the region.
  • Significant growth is expected for North America during the forecast period of 2022 to 2029 due to the prevalence of the majority of the market players in the region.

Table of Contents:

section 01: Summary

section 02: Scope of the report

section 03: research methodology

section 04: Introduction

section 05: market landscape

section 06: market size

Section 07: Five Force Analysis

section 08: Market segmentation by product

section 09: Market Segmentation by Application

Section 10: customer landscape

Section 11: Market segmentation by end-user

Section 12: regional landscape

Section 13: decision framework

Section 14: drivers and challenges

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Section 15: Market Trends

Section 16: competitive landscape

Section 17: Company Profiles

Section 18: Appendix

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