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Global Organic PV Solar Cells Market Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025

07-12-2019 01:40 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Global Organic PV Solar Cells Market Application Potential,

Global Organic PV Solar Cells Market will witness growth owing to increasing energy consumption across end user applications along with rising concerns toward energy efficiency. Organic Photovoltaics (OPV) is an emerging PV technology that alters sunlight into electricity by using thin films of organic semi-conductors. Increasing dependency on renewable sources for power generation has proved to be a prime factors driving the product demand. In addition, subsidies and tax benefits by respective governments for renewable power generation will contribute to the industry growth.

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Defense organic PV solar cells market is set to grow on account of its physical properties including design & flexibility that allows the product to be easily converted into desired colors and shapes. Short life span and low efficiency may pose as a restrain for the product adoption. However, potential of reel - reel processing on cost efficient substrates with standard printing and coating processes will positively influence the business scenario.

What Information does this report contain?
• Historical data coverage: 2014 to 2018
• Growth Projections: 2019 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7-year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: market

leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Ongoing research and development investments toward organic solar cell technology will strengthen the Europe organic PV solar cells market share.

Large-scale investments for sustainable grid integration along with favorable government initiatives to support renewable energy adoption is anticipated to encourage the industry landscape. Moreover, declining solar component cost coupled with growing operational efficiency has enhanced solar installations, which in turn will boost the product demand.

Introduction of government schemes along with monetary funding toward feed in tariff and net metering will promote the development of advance technologies and establishment of innovative projects enhancing the conventional organic PV solar cells market share. Moreover, ongoing expansion of microgrid networks coupled with rising off-grid electricity demand will complement the industry growth.

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Rising demand for clean & reliable power along with increasing mandates to limit carbon footprints is projected to drive the organic PV solar cells market growth. Sustainable energy integration initiatives, solar targets, FiT, tax benefit, and other financial leverages will strengthen the business scenario. In addition, electrification program in developing economies focusing on distributed generation is set to positively influence the product adoption.

Asia Pacific organic PV solar cells market will grow on account of enhancement in primitive technologies along with volume manufacturing practices accompanied by considerable decline in overall component prices. In addition, rising electricity consumption coupled with stringent government regulations and norms with an aim to curb GHG emissions will further encourage the product installation.

The key manufacturers operating in organic PV solar cells market includes Sumitomo Chemical Co. Ltd., Heliatek GmBH, Solarmer Energy Inc., Mitsubishi Chemical Corporation, Disa Solar, New Energy Technologies and BELECTRIC OPV GmBH among others.

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All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

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: https://gminsights.wordpress.com

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

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