Solar Cell Films Market Trends and Forecast 2015 - 2023

Transparency Market
Research
Solar Cell Films Market - Global Industry Analysis, Size,
Share, Growth Trends, and Forecast 2015 - 2023
Published Date
21-Aug-2015
135 Page Report
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Press Release
In Global Solar Cell Films Market; Cadmium Telluride Solar Cell
Films is Expected to Dominate the Market and would Reach USD
7,783.68 Million and 5,391.96 MW by 2023
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Solar Cell Films Market
REPORT DESCRIPTION
Solar Cell Films Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast
2015 - 2023
The global solar cell films market stood at 9,393.78 USD Million in 2014 and is expected to reach 20,995.66
USD Million by 2023 growing at a CAGR of 9.4% from 2015 to 2023.
Browse Solar Cell Films Market Report with Full TOC at
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High demand for solar cell films has been witnessed across the globe over the past decade, owing to the
numerous benefits offered by solar cell films. Low manufacturing costs, zero carbon emissions, and high
efficiency are some of the advantages of solar cell films. Amorphous silicon, cadmium telluride, and copper
indium gallium selenide are the commonly used solar cell films. They are also known as thin film solar
cells. Rising air pollution levels, primarily from the power sector boosts the demand for solar cell films.
Usage of solar cell films in the power sector reduces the dependency of a country on foreign imports of
natural gas and coal. Additionally, energy security can be maintained in the country with the application of
solar energy. Strong support from the government and active participation from industry players are
anticipated to augment the growth of the solar cell films market at a significant rate in the future.
Cadmium telluride (CdTe) dominated the solar cell films market in terms of volume in 2014. Demand for
cadmium telluride solar cell films was high in 2014 owing to their high efficiency, longer life span, and low
manufacturing costs as compared to other solar cell films. Efficiency of cadmium telluride solar cell films is
in the range of 16%-18%, whereas that of amorphous silicon solar cell is in 8%-10% range. High sunlight
absorbing power and higher electricity generation rate make cadmium telluride solar cell films a preferred
choice over other solar cell films for generating electricity.
High demand for solar cell films has been witnessed in the commercial sector owing to the high electricity
demand, especially during peak hours. Offices, shopping complexes, malls, and multiplexes are some of
the potential customers of solar cell films. Once installed, solar cell films provide unlimited power supply
and have low maintenance costs as compared to nuclear power plants. Solar cell films can be installed in
any country due to high availability of solar energy. Many countries are providing financial incentives and
subsidies to citizens for installing solar cell films at their residence and office. Attractive feed-in tariffs are
also provided in various countries to citizens for supplying electricity to the grid.
Significant demand for solar cell films has been witnessed in the residential sector as well. Significant
reduction in emissions and attractive financial savings can be easily achieved by using solar cell films for
electricity generation. Solar cell films are useful for bridging the demand-supply gap of electricity up to a
certain extent in the industrial sector as well.
Many countries across the globe are using solar cell films for generating electricity due to increasing
pollution levels from conventional resources such as coal and natural gas. Various countries are promoting
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Solar Cell Films Market
the use of solar cell films by providing financial incentives and subsidies. Active participation from
prominent industry players for the promotion of solar cell films boosts the demand for solar cell films at a
significant rate throughout the world.
The global solar cell films market has been segmented as follows:
Solar Cell Films Market: Type Analysis
•
Amorphous Silicon
•
Cadmium Telluride
•
Copper Indium Gallium Selenide
Solar Cell Films Market: End-use Analysis
•
Residential
•
Commercial
•
Industrial
Solar Cell Films Market: Region Analysis
North America
•
U.S.
•
Canada
•
Rest of North America
Europe
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Solar Cell Films Market
•
Germany
•
Russia
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
Rest of Asia Pacific
South America
Brazil
•
•
Argentina
•
Rest of South America
Middle East
•
Qatar
•
UAE
•
Rest of Middle East
Africa
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Solar Cell Films Market
•
Egypt
•
South Africa
•
Rest of Africa
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TABLE OF CONTENT
Section 1 Preface
Section 2 Executive Summary
Section 3 Solar Cell Films Market – Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
Solar cell films helps in reducing carbon footprints
Government support in the form of incentives and subsidies to promote clean energy
Increase in demand for solar energy coupled with regulatory framework
Market Restraints
Revised feed-in-tariff (FIT) rates
Second generation PV systems poses low efficiency
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Solar Cell Films Market
Market Opportunities
Commercialization of thin film photovoltaic
Porters Five Forces Analysis
Bargaining power of suppliers
Bargaining power of buyers
Threat from new entrants
Degree of competition
Threat from substitutes
Market Attractive Analysis
Section 4 Solar Cell Film Market – Type Analysis
Global Solar Cell Films Market: Type Overview
Global Solar Cell Films Market Revenue Share, by Type, 2014 and 2023
Amorphous Silicon
Cadmium Telluride
Copper Indium Gallium Selenide
Section 5 Solar Cell Film Market – End-use Analysis
Global Solar Cell Films Market: End-use Overview
Global Solar Cell Films Market Revenue Share, by End-use, 2014 and 2023
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Solar Cell Films Market
Residential
Commercial
Industrial
Section 6 Solar Cell Films Market – Regional Analysis
Global Solar Cell Films Market Revenue Share, by Geography, 2014 and 2023
North America Solar Cell Films Market – Overview
North America Solar Cell Films Market – By Type
North America Solar Cell Films Market – By End-use
U.S. Solar Cell Films Market - Overview
U.S. Solar Cell Films Market - By Type
U.S. Solar Cell Films Market – By End-use
Canada Solar Cell Films Market - Overview
Canada Solar Cell Films Market - By Type
Canada Solar Cell Films Market – By End-use
Rest of North America Solar Cell Films Market - Overview
Rest of North America Solar Cell Films Market - By Type
Rest of North America Solar Cell Films Market – By End-use
South America Solar Cell Films Market - Overview
South America Solar Cell Films Market - By Type
South America Solar Cell Films Market – By End-use
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Solar Cell Films Market
Brazil Solar Cell Films Market - Overview
Brazil Solar Cell Films Market - By Type
Brazil Solar Cell Films Market – By End-use
Argentina Solar Cell Films Market - Overview
Argentina Solar Cell Films Market - By Type
Argentina Solar Cell Films Market – By End-use
Rest of South America Solar Cell Films Market - Overview
Rest of South America Solar Cell Films Market - By Type
Rest of South America Solar Cell Films Market – By End-use
Europe Solar Cell Films Market - Overview
Europe Solar Cell Films Market - By Type
Europe Solar Cell Films Market – By End-use
Germany Solar Cell Films Market - Overview
Germany Solar Cell Films Market - By Type
Germany Solar Cell Films Market – By End-use
Russia Solar Cell Films Market - Overview
Russia Solar Cell Films Market - By Type
Russia Solar Cell Films Market – By End-use
Rest of Europe Solar Cell Films Market - Overview
Rest of Europe Solar Cell Films Market - By Type
Rest of Europe Solar Cell Films Market – By End-use
Asia Pacific Solar Cell Films Market - Overview
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Solar Cell Films Market
Asia Pacific Solar Cell Films Market - By Type
Asia Pacific Solar Cell Films Market – By End-use
China Solar Cell Films Market - Overview
China Solar Cell Films Market - By Type
China Solar Cell Films Market – By End-use
Japan Solar Cell Films Market - Overview
Japan Solar Cell Films Market - By Type
Japan Solar Cell Films Market – By End-use
Rest of Asia Pacific Solar Cell Films Market - Overview
Rest of Asia Pacific Solar Cell Films Market - By Type
Rest of Asia Pacific Solar Cell Films Market – By End-use
Middle East Solar Cell Films Market - Overview
Middle East Solar Cell Films Market - By Type
Middle East Solar Cell Films Market – By End-use
Qatar Solar Cell Films Market - Overview
Qatar Solar Cell Films Market - By Type
Qatar Solar Cell Films Market – By End-use
UAE Solar Cell Films Market - Overview
UAE Solar Cell Films Market - By Type
UAE Solar Cell Films Market – By End-use
Rest of Middle East Solar Cell Films Market - Overview
Rest of Middle East Solar Cell Films Market - By Type
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Solar Cell Films Market
Rest of Middle East Solar Cell Films Market – By End-use
Africa Solar Cell Films Market - Overview
Africa Solar Cell Films Market - By Type
Africa Solar Cell Films Market – By End-use
Egypt Solar Cell Films Market - Overview
Egypt Solar Cell Films Market - By Type
Egypt Solar Cell Films Market – By End-use
South Africa Solar Cell Films Market - Overview
South Africa Solar Cell Films Market - By Type
South Africa Solar Cell Films Market – By End-use
Rest of Africa Solar Cell Films Market - Overview
Rest of Africa Solar Cell Films Market - By Type
Rest of Africa Solar Cell Films Market – By End-use
Browse Solar Cell Films Market Report with Full TOC at
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Section 7 Company Profile – Solar Cell Films Market
Heliatek GmbH
DUNMORE Corporation
3M
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Solar Cell Films Market
Advanced Energy Industries, Inc.
First Solar, Inc.
Lucent CleanEnergy
Stion Corporation
Solar Frontier K.K.
Kaneka Corporation
Hanergy Holding Group Ltd.
Prism Solar Technologies, Inc.
Browse Solar Cell Films Market Report with Full TOC at
http://www.transparencymarketresearch.com/solar-cell-films-market.html
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The global solar cells market will expand at a CAGR of 9.40% from 2015 to 2023. If the figure holds true, the valuation of the market will be US$20.9 bn by the end of the aforementioned forecast period; the market stood at US$9.4 bn in 2014. In-depth research report on Solar Cell Films Market with Full TOC at : http://www.transparencymarketresearch.com/solar-cell-films-market.html Owing to the numerous benefits of solar cell films, the demand for the same has been on the rise over the past few years, thereby benefitting the solar cells market, says the report. Second-generation solar cell films are exemplary with respect to the advantages they offer over their predecessors, which used a much thicker wafer. The advantages of solar cell films include low manufacturing costs, high product efficiency, and zero carbon emissions, which serve the energy needs in an economic manner with a consideration of the environment as well.