Press release
Global Organic Photovoltaics (OPV) Market is expected to reach 340 million US$ by 2025
Organic Photovoltaics (OPV) is a rapidly emerging PV technology that convert sunlight into electricity by employing thin films of organic semiconductors. It has a photosensitive nature of the organic matter as a semiconductor material, the photovoltaic effect of the voltage generated by the current to achieve the effect of solar power.
The current production enterprises are mainly concentrated in the R & D stage and a small number of demonstration projects. The photoelectric conversion research scholars is faced with the challenge of organic solar cell efficiency cannot always satisfactory, conversion rate, experimental conditions to maintain the current conversion efficiency between 12%-18%, but small batch production only between 5%-7%, the conversion efficiency is too low. Moreover, the use of organic materials is easily affected by the temperature and air, which leads to the aging of the device, which affects the performance.
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The biggest difference between an organic solar cell and an inorganic solar cell is that the semiconductor material, the organic solar cell semiconductor is an organic material, and the inorganic solar cell semiconductor is an inorganic material. Compared with inorganic materials, organic materials are less toxic and do not cause environmental pollution.
In 2017, the global Organic Photovoltaics (OPV) market size was 43 million US$ and it is expected to reach 340 million US$ by the end of 2025, with a CAGR of 29.5% during 2018-2025.
This report focuses on the global Organic Photovoltaics (OPV) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Organic Photovoltaics (OPV) development in United States, Europe and China.
The key players covered in this study
ARMOR Group
AGC
Heliatek
Mitsubishi Chemical
Belectric
Henkel
Solarmer
CSEM Brasil
Sumitomo Chemical
Toshiba
Heraeus
BASF
DisaSolar
EMD Performance Materials
Market analysis by product type
PN Junction Structure (P-N Heterojunction)
Dye-sensitized Nanocrystalline Solar Cells (DSSC)
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Market analysis by market
Consumer Electronics
Wearable Device
Architecture & Building Integration
Other
Market analysis by Region
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Organic Photovoltaics (OPV) status, future forecast, growth opportunity, key market and key players.
To present the Organic Photovoltaics (OPV) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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