What is Flexible PV Cell?
A flexible PV cell, in any other case referred to as a flimsy movie solar oriented cell, is one that is made by way of storing extraordinarily slim layers of photovoltaic cloth on a substrate, like paper, tissue, plastic, glass, or metal. It is one of the most innovative and game-changing applied sciences in the photo voltaic strength sector. The value of the time period "flexible" is that these photo voltaic cells are no longer like the normal big, cumbersome photo voltaic panels that are very frequent nowadays; these are actually flexible, very thin, lightweight, have very low set up costs, and can be hooked up somewhere besides an awful lot difficulty. A regular cell's thickness stages from a few nanometers to a few micrometers, whereas its predecessor, the crystalline-silicon photo voltaic mobile (c-Si), has a wafer measurement of up to 200 micrometers. Thin movie photo voltaic cells on glass substrates are a choice to Si photo voltaic cells. The important risks of the use of glass substrates are the fragile nature of modules, the excessive value of glass wafers with thicknesses of 300–400 m, and low precise electricity (kW/kg), amongst different things. When photo voltaic cells are used in house applications, precise energy is a necessary consideration. Flexible photo voltaic cells on polymer videos can attain an excessive unique strength of extra than two kW/kg, making them beneficial for each terrestrial and area applications. The use of bendy substrates and the roll-to-roll manufacturing (R2R) method can minimize manufacturing costs. Aside from mild weight, flexibility, and decrease set up costs, bendy phone processing entails a low thermal finances with low fabric consumption.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | PowerFilm Inc., (United States), Panasonic (Japan), InfinityPV (Denmark), Flisom (Switzerland), Sun Harmonics (China), F-WAVE Company (Japan), Heliatek GmbH (Germany), HyET Solar (Netherlands) and Ascent Solar Technologies Inc. (United States) |
CAGR | % |
The market study is broken down by Type (Copper Indium, Gallium Selenide and Crystalline Silicon), by Application (Defense & Aerospace, Consumer & Portable Power, BIPV and Transportation & Mobility) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Flexible PV Cell market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PowerFilm Inc., (United States), Panasonic (Japan), InfinityPV (Denmark), Flisom (Switzerland), Sun Harmonics (China), F-WAVE Company (Japan), Heliatek GmbH (Germany), HyET Solar (Netherlands) and Ascent Solar Technologies Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Flexible PV Cell market by Type, Application and Region.
On the basis of geography, the market of Flexible PV Cell has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. CIGS will boost the Flexible PV Cell market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Hanergy Thin Film Power Group signed a settlement with Forest Group, Japanese construction, and photo voltaic strength conglomerate. Together, the agencies targeted on optimization in Japan’s photovoltaic market with the aid of combining their knowledge and wealthy sectorial experience.
In 2020, Flisom increased its world footprint by using setting up its first high-capacity Solar Panel facility, the HUF12.5bn plant in Kecskemet. Through this expansion, the business enterprise aimed to aid the Hungarian authorities by using leveraging the know-how of Hungarian engineers and professional workers.
Market Drivers
- Supportive Government Policies and Initiatives
- Growing Demand for PV Systems for Residential Applications
- Reducing Cost of PV Systems and Energy Storage Devices
Opportunities
- Technological Advancements in Solar Cell Manufacturing
Restraints
- Lack of Skilled Workforce for PV Installation and Maintenance
Challenges
Key Target Audience
Flexible PV Cell Manufacturers, Flexible PV Cell Distributors and Suppliers, Raw Material Suppliers, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as PowerFilm Inc., (United States), Panasonic (Japan), InfinityPV (Denmark), Flisom (Switzerland), Sun Harmonics (China), F-WAVE Company (Japan), Heliatek GmbH (Germany), HyET Solar (Netherlands) and Ascent Solar Technologies Inc. (United States) etc.
2. Can we have customized study for Flexible PV Cell Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Flexible PV Cell Market by 2027?
Analysts at AMA estimates Flexible PV Cell Market to reach USD Million by 2027.