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 studies 350-page database, titled “Global Perovskite Solar Cell Market” with over 100 market data tables, pie charts, graphs and figures spread across pages and easy to understand detailed analysis. The perovskite solar cell report gives a clear idea to this industry regarding what is already available in the market, what the market anticipates, the competitive environment and what to do to outperform the competitor. The report presents 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 achieve maximum return on investment (ROI), it is very critical to determine market parameters such as brand awareness, market landscape, potential future issues, industry trends, and customer behavior, where this Perovskite Solar Cell report enters the picture.

The global perovskite solar cell market was valued at USD 170 million in 2021 and is is expected to reach USD 6.29 billion by 2029, recording a CAGR of 34.50% over the forecast period of 2022-2029. Energy is expected to witness high growth in the technology segment due to population growth. The market report prepared by the Data Bridge market research team includes in-depth expert analysis, import/export analysis, price analysis, production consumption analysis, and mortar analysis.

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Market overview:

Perovskite solar cell (PSC) they consist of structured material with perovskite as the active layer. These materials provide excellent light absorption and charge carrier mobilities. Perovskite solar cell refers to the solar cell which is mainly composed of organic-inorganic hybrid lead as active light-gathering layer.

Perovskite solar cells (PSC) are gaining great attention in the research area among different new generation photovoltaic technologies due to their super power conversion efficiency. The renewable energy sector is increasing investment in solar perovskite.

Opportunities for the players:

Furthermore, the increase in the number of research and development activities provides profitable opportunities to the market players in the forecast period from 2022 to 2029. Furthermore, the prevalence of alternative energy sources will further expand the market.

Some of the major players operating in the Perovskite Solar Cell market are:

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

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The report provides information on the following indicators:

market penetration: Comprehensive information on the product portfolios of the top players in the perovskite solar cell market

Product Development/Innovation– Detailed information on upcoming technologies, R&D activities and product launches in the market

Competitive Evaluation: In-depth evaluation of the market strategies and the geographic and commercial segments of the main market players.

Market development: Comprehensive information on emerging markets. This report analyzes the market for various segments across geographies

market diversification– Comprehensive information on new products, untapped geographies, recent developments, and investments in the perovskite solar cell market

Market Dynamics – Perovskite Solar Cell Market

Key factors

  • Increased demand for solar cells

The increasing demand for solar cells due to their flexibility and lightweight power acts as one of the major factors driving the perovskite solar cell market. Also, the increase in the number of applications in various industries has a positive impact on the market.

Rising economic growth and energy security accelerate market growth. Furthermore, the increased need to reduce poverty and improve quality of life with the help of modern energy services has helped the market expand.

  • Increase in solar system installation

The increase in the number of solar system installations further influences the market. The increase in demand for perovskite solar cells due to the increasing need to reduce prices of solar cell modules drives the growth of the market.

In addition, rapid urbanization, change in lifestyle, increased investment and rising consumer spending have a positive impact on the perovskite solar cell market.

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Key Industry Segmentation – Perovskite Solar Cell 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 method
  • Steam assisted solution method.

per application

  • smart glasses
  • Solar panel
  • Perovskite in tandem solar cells
  • portable devices
  • Utilities
  • BIPV (Building Integrated Photovoltaics)

By end use

  • Manufacturing
  • Energy
  • Industrial automation
  • Aerospace
  • Consumer electronics

By type

  • Hybrid PSCs
  • flexible PSCs
  • multi-junction PSC

Regional Analysis/Perspectives: Perovskite Solar Cell Market

The countries included in the perovskite solar cell 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 South, 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 and Africa (MEA), Brazil, Argentina, and Rest of South America as part of South America.

  • Europe dominates the perovskite solar cell market due to the increase in the number of research and development activities within the region.
  • North America is expected to witness significant growth during the forecast period from 2022 to 2029 due to the prevalence of most of the market players in the region.
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Table of Contents:

Section 01: executive Summary

Section 02: report scope

Section 03: Research methodology

Section 04: Introduction

Section 05: market landscape

Section 06: size of the market

Section 07: five forces 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

Section 15: market trends

Section 16: competitive landscape

Section 17: company profiles

Section 18: Appendix

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