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Polymer Solar Cells Market

Polymer Solar Cells Market, Size, Share & Segment By Junction Type (Single Layer, Bilayer, Bulk Heterojunction, Multi-Junction, Others) By Application (Bipv (Building Integrated Photovoltaic), Consumer Electronics, Automotive, Defense And Emergency, Others) By Technique (Printing Technique, Coating Technique) By Forms (Foils, Panels, Stickers), and By Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1498 | May 2022 | Region: Global | 120 Pages

Report Scope & Overview:

Polymer solar cells market, Size was valued at USD 0.08 billion in 2021, and is expected to reach USD 0.34 billion by 2028, and grow at a CAGR of 21.3% over the forecast period 2022-2028. Because of the constantly developing electronics sector worldwide, the global polymer solar cells market is expected to rise strongly. The global polymer solar cells market is growing due to a number of factors, including the development of the electrical and electronics industry, rapidly rising demand for renewable energy sources, global growth in the building and construction sector, and government backing, among others. Apart from that, the growing trend toward clean and green energy, as well as the expansion of the automobile and construction industries, are boosting the industry's market growth. Additionally, improvements in polymer solar cell manufacturing techniques to lower cost and improve performance, as well as a focus on the discovery of novel materials to make photovoltaics a superior alternative to traditional fuels, are positively impacting the market growth of polymer solar cells.

Polymer solar cells Market Revenue Graph

Market Dynamics:

Drivers:

  • Increasing in demand for solar panels.

  • Need of clean and sustainable energy in electricity generation.

Restraint:

  • Clean energy sources are becoming more popular.

Opportunity:

  • Focus on technological development.

  • Expand in the electronic and electrical industry.

Challenge:

  • Creation of ecologically friendly, renewable, and sustainable energy sources

Impact of covid-19:

The global economy has been in decline since the advent of the pandemic, resulting in decreasing disposable income among consumers around the world. As a result, demand for electronics, electrical gadgets, and appliances declined dramatically, decreasing the market's need for polymer solar cells.

Several governments enforced statewide lockdowns to combat the outbreak, forcing most businesses to close their doors. As a result, energy demand in big commercial establishments such as malls, offices, and others has decreased. As a result, demand for polymer solar cells has decreased in many commercial locations, hurting the market. A major difficulty for the industry has been the lack of competitive financial solutions induced by the economic slump, as well as the limited growth potential generated by the uncertainty over future electricity consumption.

Polymer solar cells are made in large quantities in China. However, the country's entire shutdown since the onset of the COVID-19 epidemic has impeded the worldwide polymer solar cells market's growth.

Key Players:

Tata Power Solar Systems Limited, Jinko Solar Holding Co. Ltd, Suniva Inc, Borg Inc., Heliatek GmbH, Trina Solar Limited, Solar World AG, Alps Technology Inc, Pionis Energy Technologies LLC, Infinity PV ApS, and other players.

Market Segmentation:

By Junction Type

  • Single Layer

  • Bilayer

  • Bulk Heterojunction

  • Multi-junction

  • Others

By Application

  • BIPV (Building Integrated Photovoltaic)

  • Consumer Electronics

  • Automotive

  • Defense and Emergency

  • Others

By Technique

  • Printing Technique

  • Coating Technique

By Forms

  • Foils

  • Panels

  • Stickers

Polymer Solar Cells Market Segment Pie Chart

Regional Analysis:

The polymer solar PV cells market may be divided into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa based on region. Because of the huge number of renewable energy projects and rapid expansion of the power sector in the region, North America is the leading manufacturer of polymer solar PV cells. Due to the increased number of renewable energy projects, growth in the wearable solar electronics industry, and increased demand for electricity throughout the area, Asia Pacific also owns a significant proportion of the solar cells market. The expansion of the electronics and automobile sectors in Europe and Asia Pacific is driving global polymer solar PV cell markets in these regions. For global polymer solar PV cells, the Middle East and Africa is a new markets. However, during the projection period, the market in the region is expected to grow significantly. Latin America has likewise stepped up its efforts to generate renewable energy. In the region, investments are being made in the energy and power industries. As a result, Latin America represents a prospective market for polymer solar PV cells.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Polymer Solar Cells Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 0.08 Billion
Market Size by 2028 US$ 0.34 Billion
CAGR CAGR of 21.3% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Junction Type (Single Layer, Bilayer, Bulk Heterojunction, Multi-Junction, Others)
• By Application (Bipv (Building Integrated Photovoltaic), Consumer Electronics, Automotive, Defense And Emergency, Others)
• By Technique (Printing Technique, Coating Technique)
• By Forms (Foils, Panels, Stickers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Tata Power Solar Systems Limited, Jinko Solar Holding Co. Ltd, Suniva Inc, Borg Inc., Heliatek GmbH, Trina Solar Limited, Solar World AG, Alps Technology Inc, Pionis Energy Technologies LLC, Infinity PV ApS, and other players.
DRIVERS • Increasing in demand for solar panels.
• Need of clean and sustainable energy in electricity generation.
Restraints • Clean energy sources are becoming more popular.


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The polymer solar PV cells market may be divided into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa based on region.

 

Ans: The global economy has been in decline since the advent of the pandemic, resulting in decreasing disposable income among consumers around the world. As a result, demand for electronics, electrical gadgets, and appliances declined dramatically, decreasing the market's need for polymer solar cells.

 

Ans: Clean energy sources are becoming more popular are the restraints for Polymer Solar Cells Market.

 

Ans: Global polymer solar cells market, Size was valued at USD 0.08 billion in 2021, and expected to reach USD 0.34 billion by 2028, and grow at a CAGR of 21.3 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2.Research Methodology

 

3.Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4.Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5.Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Global polymer solar cells market segment, by Junction Type

8.1 Single Layer

8.2 Bilayer

8.3 Bulk Heterojunction

8.4 Multi - junction

8.5 Others

 

9.Global polymer solar cells market segment, by Application

9.1 BIPV (Building Integrated Photovoltaic)

9.2 Consumer Electronics

9.3 Automotive

9.4 Defense and Emergency

9.5 Others

 

10.Global polymer solar cells market segment, by Technique

10.1 Printing Technique

10.2 Coating Technique

 

11.Global polymer solar cells market segment, by Forms

11.1 Foils

11.2 Panels

11.3 Stickers

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3 Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4 Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6 Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

13. Company Profiles

13.1 Tata Power Solar Systems Limited,

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Jinko Solar Holding Co. Ltd

13.3 Suniva Inc, Borg Inc.

13.4 Heliatek GmbH

13.5 Trina Solar Limited

13.6 Solar World AG

13.7 Alps Technology Inc

13.8 Pionis Energy Technologies LLC

13.9 Infinity PV ApS

 

14. Competitive Landscape

14.1Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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