Product Code: POAE2302
Global Perovskite Solar Cell Market Overview
According to SPER Market Research, the Global Perovskite Solar Cell Market is estimated to reach USD 11.84 billion by 2032 with a CAGR of 32.64%.
The perovskite-structured material serves as the active layer in perovskite solar cells (PSCs), which are based on solutions that have undergone tin or halide processing. Excellent light absorption, charge-carrier mobilities, and lifetimes provided by perovskite materials lead to high device efficiencies and the potential for a low-cost, commercially viable technology. Due to their extremely high-power conversion efficiency, perovskite solar cells (PSCs) are the newer generation of photovoltaic technologies that are being researched the most (PCE). Increasing environmental concerns about carbon emission reduction, rising number of applications in various industries, rising demand for flexible and lightweight solar cells, and the prevalence of alternative energy sources are some of the factors anticipated to propel the growth of the perovskite solar cell market over the course of the forecast period. Increasing R&D activities and technical advancements can also improve various opportunities, leading to the market's growth over the course of the projection year. The inclusion of harmful materials and high product costs, however, could limit market expansion throughout the anticipated timeframe. These are some of the global market trends for perovskite solar cells.
Perovskite Solar Cell Market
Impact of COVID-19 on the Global Perovskite Solar Cell Market
The World Health Organization has classified COVID-19 as a public health emergency as it has spread to numerous nations. Germany, France, Italy, Spain, the UK, and Norway are a few of the main economies affected by the COVID-19 crisis. Supplements, cosmetics, industrial, and personal care products are the main industries that use perovskite solar cells. As a result of the suspension of various businesses, particularly transportation and supply chains, the economy has suffered in several nations. Due to the lockout, there has been no development, which has hampered demand for the product. During the COVID-19 pandemic, it is anticipated that the industry's expansion will be hampered by the demand-supply mismatch, problems obtaining raw materials, and price instability. The COVID-19 epidemic has had a detrimental effect on the manufacturing and industrial sectors due to a lack of resources in various parts of the world. The leading companies in the sector are reevaluating their strategy to tackle the challenge since they are worried about the market's prospects.
Scope of the Report
Report Metric Details:
- Market size available for years: 2019-2032
- Base year considered: 2021
- Forecast period: 2022-2032
- Segments covered: By Type, By Structure, By Product, By Technology, By Application, By End User
- Regions covered: Asia Pacific, Europe, Middle East and Africa,North America, Latin America
- Companies Covered: Dyesol, FlexLink Systems Inc., Fraunhofer ISE, FrontMaterials Co. Ltd., New Energy Technologies Inc, Oxford Photovoltaics, Polyera Corporation, Saule Technologies, Solaronix SA, Xiamen Weihua Solar Co. Ltd.
Global Perovskite Solar Cell Market Segmentation:
- By Type: Based on the Type, Global Perovskite Solar Cell Market is segmented as; Hybrid Perovskite Solar Cell, Multi-Junction Perovskite Solar Cell.
- By Technology: Based on the Technology, Global Perovskite Solar Cell Market is segmented as; One-Step Method, Thermal Vapor Deposition Method, Two-Step Method, Vapor-Assisted Solution Method.
- By Application: Based on the Application, Global Perovskite Solar Cell Market is segmented as; Building-Integrated Photovoltaics, Smart Glass, Solar Panel, Others.
- By End User: Based on the End User, Global Perovskite Solar Cell Market is segmented as; Aerospace & Defense, Commercial, Industrial, Residential, Utility.
- By Region: It is projected that over the forecast timeframe, the revenue growth of the Asia Pacific industry will pick up significantly. The Asia Pacific area dominates the global market in terms of revenue due to the region's rapid urbanization, the need for alternative energy to reduce dependency on fossil fuels, and government support for programs.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Perovskite Solar Cell Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
6. Competitive Landscape
- 6.1 Global Perovskite Solar Cell Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Perovskite Solar Cell Market
7. Global Perovskite Solar Cell Market, By Type, 2019-2032 (USD Million)
- 7.1 Hybrid Perovskite Solar Cell
- 7.2 Multi-Junction Perovskite Solar Cell
8. Global Perovskite Solar Cell Market, By Structure, 2019-2032 (USD Million)
- 8.1 Mesoporous Solar Cell
- 8.2 Planar Perovskite Solar Cell
9. Global Perovskite Solar Cell Market, By Product, 2019-2032 (USD Million)
- 9.1 Rigid Perovskite Solar cell
- 9.2 Flexible Perovskite Solar cell
10. Global Perovskite Solar Cell Market, By Technology, 2019-2032 (USD Million)
- 10.1 One-Step Method
- 10.2 Thermal Vapor Deposition Method
- 10.3 Two-Step Method
- 10.4 Vapor-Assisted Solution Method
11. Global Menstrual Cup Market, By Application, 2019-2032 (USD Million)
- 11.1 Building-Integrated Photovoltaics
- 11.2 Smart Glass
- 11.3 Solar Panel
- 11.4 Others
12. Global Menstrual Cup Market, By End User, 2019-2032 (USD Million)
- 12.1 Aerospace & Defense
- 12.2 Commercial
- 12.3 Industrial
- 12.4 Residential
- 12.5 Utility
13. Global Perovskite Solar Cell Market, By Region, 2019-2032 (USD Million)
- 13.1 Global Perovskite Solar Cell Size and Market Share by Region (2019-2025)
- 13.2 Global Perovskite Solar Cell Size and Market Share by Region (2026-2032)
- 13.3 Asia-Pacific
- 13.3.1 Australia
- 13.3.2 China
- 13.3.3 India
- 13.3.4 Japan
- 13.3.5 South Korea
- 13.3.6 Rest of Asia-Pacific
- 13.4 Europe
- 13.4.1 France
- 13.4.2 Germany
- 13.4.3 Italy
- 13.4.4 Spain
- 13.4.5 United Kingdom
- 13.4.6 Rest of Europe
- 13.5 Middle East & Africa
- 13.5.1 Kingdom of Saudi Arabia
- 13.5.2 United Arab Emirates
- 13.5.3 Rest of Middle East & Africa
- 13.6 North America
- 13.6.1 Canada
- 13.6.2 Mexico
- 13.6.3 United States
- 13.7 Latin America
- 13.7.1 Argentina
- 13.7.2 Brazil
- 13.7.3 Rest of Latin America
14. Company Profiles
- 14.1 Dyesol
- 14.1.1 Company details
- 14.1.2 Financial outlook
- 14.1.3 Product summary
- 14.1.4 Recent developments
- 14.2 FlexLink Systems Inc.
- 14.2.1 Company details
- 14.2.2 Financial outlook
- 14.2.3 Product summary
- 14.2.4 Recent developments
- 14.3 Fraunhofer ISE
- 14.3.1 Company details
- 14.3.2 Financial outlook
- 14.3.3 Product summary
- 14.3.4 Recent developments
- 14.4 FrontMaterials Co. Ltd.
- 14.4.1 Company details
- 14.4.2 Financial outlook
- 14.4.3 Product summary
- 14.4.4 Recent developments
- 14.5 New Energy Technologies Inc
- 14.5.1 Company details
- 14.5.2 Financial outlook
- 14.5.3 Product summary
- 14.5.4 Recent developments
- 14.6 Oxford Photovoltaics
- 14.6.1 Company details
- 14.6.2 Financial outlook
- 14.6.3 Product summary
- 14.6.4 Recent developments
- 14.7 Polyera Corporation
- 14.7.1 Company details
- 14.7.2 Financial outlook
- 14.7.3 Product summary
- 14.7.4 Recent development
- 14.8 Saule Technologies
- 14.8.1 Company details
- 14.8.2 Financial outlook
- 14.8.3 Product summary
- 14.8.4 Recent developments
- 14.9 Solaronix SA
- 14.9.1 Company details
- 14.9.2 Financial outlook
- 14.9.3 Product summary
- 14.9.4 Recent developments
- 14.10 Xiamen Weihua Solar Co. Ltd.
- 14.10.1 Company details
- 14.10.2 Financial outlook
- 14.10.3 Product summary
- 14.10.4 Recent developments
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. Research Scope