Global Thin-Film Solar Cell Market: Size, Trends and Forecasts (2020-2024)
The report provides a regional analysis of the thin-film solar cell market, including the following regions: Europe (UK & Rest of Europe), North America, Asia Pacific, and ROW.
By: Daedal Research
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global thin-film solar cell market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global thin-film solar cell market is fragmented with many market players operating worldwide. Some thin-film solar cell market players operate on a local level while other players operate on a regional and global level. Further, key players of the thin-film solar cell market are First Solar, Inc., Ascent solar Technologies, Inc., Oxford Photovoltaics Limited, Showa Shell Sekiyu K.K. (Solar Frontier K.K.) are also profiled with their financial information and respective business strategies.
First Solar, Inc.
Ascent solar Technologies, Inc.
Oxford Photovoltaics Limited
Showa Shell Sekiyu K.K. (Solar Frontier K.K.)
Solar cell, also called photovoltaic cell, is a semi-conductor device that converts the light energy into the electrical energy by using the principle of photovoltaic (PV) effect. Solar cells can be broadly categorized into two type of technologies:
The thin-film solar cells are referred to as second generation of solar cells, made by using several light-absorbing layers of photovoltaic materials. The thickness of thin-film layers can be about 300-350 times smaller than that of a standard silicon panel. The thin-film solar cells are considered flexible, easy to handle, lightweight, and cheaper to produce. They can be installed easily.
Thin-film solar cells have gained popularity in different industrial verticals. The major applications of thin-film solar cells are: institutional and commercial buildings with large rooftops, solar farms, forest areas, rooftop of buses, and large-sized water tanks to supply power for pumping water.
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