openPR Logo
Press release

Thin Film Solar Cells Market expected to grow significantly

06-14-2018 12:22 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Thin Film Solar Cells Market expected to grow significantly

UK thin film solar cells market share in 2015 accounted for over 25% of the regional share in terms of revenue and is projected to exceed 4 GW by 2024. Favorable government subsidies including feed-in tariff schemes along with government focus for sustainable energy adoptions will positively influence the business outlook.

South Africa thin film solar cells market in 2015 was valued for above 20 MW and is projected to witness substantial growth owing to developing off grid technology. The South African Department of Energy targets to install up to 8.4GW of solar photovoltaic capacity by 2030.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1092

Global Thin Film Solar Cells Market is projected to witness growth over 16% and exceed USD 30 billion by 2024. Strict government regulations to reduce carbon footprint will enhance the industry outlook. Financial incentives including net metering, tax rebate, FIT, subsidies, tax credit and low import duty will positively impact the business landscape.

Growing environment concerns coupled with rising measures for sustainable energy generation for building envelope will augment the thin film solar cells market. In 2015, then U.S. president issued an Executive Order 13693 regarding planning for federal sustainability for the next 10 years. The policy mandates the building to consume 30% of the total energy consumed by renewable sources and simultaneously reduce GHG emissions by 30% from 2014 reference levels by the end of 2025.

Regulatory measures toward energy conservation among developing economies along with growing electricity demand from rural area will further stimulate the thin film solar cells market growth. In 2016, the National Bureau of Statistics of China reported that the total electricity consumption in rural areas was above 2.35 trillion kwh in 2015 varying over 69 billion kwh from 2014.

U.S. contributed over 90% of regional thin film solar cells market share in 2015 and is anticipated to surpass 15 GW by 2024. Favorable government renewable portfolio standards along with extension of investment tax credit in residential and commercial sector will complement industry landscape.

Cadmium telluride thin film solar cells Market is projected to withstand dominant share by 2024 owing to its high conversion efficiency and low manufacturing cost. Widespread applications in terrestrial power generation of CdTe modules will further enhance the product demand.

Browse key industry insights spread across 117 pages with 368 market data tables & 11 figures & charts from the report, “Thin Film Solar Cells Market Size By Component (Cadmium Telluride (CDTE), Amorphous Silicon (A-Si), Copper Indium Gallium Diselenide), By Connectivity (On-Grid, Off Grid), By Application (Residential, Commercial, Utility), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, Spain, France, China, India, Japan, Australia, UAE, South Africa, Brazil, Chile, Argentina), Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/thin-film-solar-cells-market

Chile thin film solar cells market share accounted for over half of the total regional revenue share in 2015 and is projected to exceed 300 MW by 2024. Huge untapped potential coupled with increasing investments in renewable generation will augment the industry landscape. In 2015, the government of Chile introduced 2050 Energy Agenda with an objective to generate 70% of the national electricity from renewable sources.

Key participants in the Thin Film Solar Cells Market are Oxford Photovoltaics Ascent Technologies, MiaSole Hi-Tech, SOLAR FRONTIER K.K., Hankey Asia., Xunlight Kunshan, First Solar, Global Solar and Trony.

Table of Content (TOC-)
Chapter 3 Thin Film Solar Cells Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 – 2024
3.3 Thin film solar cells industry ecosystem analysis
3.4 Vendor matrix
3.5 Innovation & sustainability
3.6 Regulatory framework
3.6.1 U.S.
3.6.2 India
3.6.3 Europe
3.6.4 China
3.7 Price trend analysis
3.8 Thin film solar cells industry impact forces
3.8.1 Growth drivers
3.8.1.1 Growing demand for sustainable energy
3.8.1.2 Decreasing solar component price
3.8.1.3 Favorable government initiatives
3.8.1.4 stringent emission control norms
3.8.2 Industry pitfalls & challenges
3.8.2.1 Lack of awareness
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 Competitive landscape, 2015
3.11.1 Strategy dashboard
3.12 PESTEL analysis

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thin Film Solar Cells Market expected to grow significantly here

News-ID: 1082461 • Views: 193

More Releases from Global Market Insights, Inc.

Ethylene Propylene Diene Monomer Market will generate admirable revenue by 2024
Europe ethylene propylene diene monomer (EPDM) market is predicted to record significant gains over the coming timeframe. The increasing demand for EPDM across the construction sector will stimulate the UK EPDM industry trends, which is predicted to exhibit a CAGR of more than 4% over the coming years of 2016 to 2024. North America EPDM industry worth USD 600 million in 2015, will register a considerable growth over the coming years.
Healthcare PMMA Market Future Challenges and Industry Growth Outlook 2024
U.S. Healthcare PMMA Market led the industry demand for North America. It was evaluated at more than $48.1 million for 2015. Large aging population in U.S. along with strict FDA (Food and Drug Administration) rules to reduce use of harmful plastics in medical sector is predicted to favorably influence industry expansion. Europe Healthcare PMMA Market, dominated by Italy, UK, France, Spain and Germany, is anticipated to record CAGR of about 5%
Natural Gas Liquids Market Share to grow at 7% CAGR by 2025
Japan NGL market is set to exceed the consumption of 0.2 mbl/day by 2025. Growing demand for high value-added manufactured petrochemicals coupled with accelerating investments toward chemical industry will propel the industry growth. Furthermore, rapidly expanding various industrial bases including refineries, chemicals and manufacturing industries along with ongoing funding toward automotive sector will encourage the product penetration. Get sample copy of this research report @https://www.gminsights.com/request-sample/detail/3270 Reduced emissions from industries, lower electricity costs,
Oil Pipeline Infrastructure Market Share By Industry Growth, Trend and Forecast …
Global Market Insights added a new report on global Oil Pipeline Infrastructure Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user segment and region. The U.S. oil pipeline infrastructure market size will surpass the cumulative installation of 450,000 km in 2018. Upgradation of drilling technologies coupled with robust investment in infrastructure development will stimulate

All 5 Releases


More Releases for Solar

Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market 2018-2025 : Canadian Solar, First Solar, Jinko Solar, Sha …
Researchmoz added Most up-to-date research on "2018-2025 Solar PV Module Report on Global and United States Market,Status and Forecast,by Players,Types and Applications" to its huge collection of research reports. Summary This report studies the Solar PV Module market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Solar
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Solar Cell (Photovoltaic) Equipment Market 2017 : Trina Solar, Canadian S …
Market Research Explore : The report 2017 Global Solar Cell (Photovoltaic) Equipment Market mainly highlights thoughtful facts and intelligence of Solar Cell (Photovoltaic) Equipment market in conjunction with prevailing and future market trends throughout the forecast period from 2017 to 2022. It additionally executes the great study of price, current geographical zones, technology, demand-supply and therefore the consequences it might wear the market growth of Solar Cell (Photovoltaic) Equipment trade. Do
Solar Panel Market 2017 - Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyo …
The Global Solar Panel Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Solar Panel industry. First, "Global Solar Panel Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Solar Panel industry chain structure. Major Companies Covered in this report:- Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL
Global Solar Cells and Modules Market 2016 - Hanwha, First Solar, SunPower, Elke …
This report mainly covers the following Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India Request for sample report at http://www.fiormarkets.com/report-detail/2073/request-sample The players list (Partly, Players you are interested in can also be added) Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL System Integration Yingli Shunfeng ReneSola Risen Chint Group Hareonsolar Eging PV CSUN BYD HT-SAAE With 24 top producers. Data including (both global and regions): Market Size (both volume - K Units and value - million USD), Market Share, Production