Press release
Polymer Solar Cells Market 2021 Analysis by Global Manufacturers - Solarmer Energy Inc, NanoFlex Power Corporation, Infinity PV, OPVIUS GmbH
The Polymer Solar Cells Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Polymer Solar Cells market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Polymer Solar Cells market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Polymer Solar Cells market.“The polymer solar cells market is expected to grow at a CAGR of around 2.5% during 2020 - 2025.”
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Top Leading Companies of Polymer Solar Cells Market are Solarmer Energy Inc, NanoFlex Power Corporation, Infinity PV, OPVIUS GmbH, Heliatek GmbH, Eni SpA and others.
Key Market Trends:
Technological Advancements to Drive the Market
- Polymer solar cell, also called Organic Photovoltaic (OPV) are third-generation PV cells which use an organic polymer layer to convert light into electricity. Polymer solar cells are lightweight, flexible, customizable, and have a less adverse environmental impact.
- In 2019, global solar PV technology has a total installed capacity of around 580 gigawatts (GW). With rapid emerging PV technology in recent years, the polymer solar cells achieved an efficiency of about 16% in 2019. In order to further increase efficiency, various organizations with different molecular structures are performing intensive research and are expected to penetrate into the solar PV market in the near future.
- The polymer solar cells have few advantages over silicon solar cells, like lighter on weight, cheaper in cost, transparent and have a longer lifetime (greater than 5000 hrs), but due to its low energy conversion, efficient commercial applications are very much limited.
- As per Solarmer Energy Inc, the present state of polymer solar cells is estimated to improve over time and technological improvement, which is expected to provide efficient polymer molecular structure and would lead the solar panel industry in the coming years.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Polymer Solar Cells Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Polymer Solar Cells Market (%),2016 - 2026
- Polymer Solar Cells Market Share, By Brand
- Polymer Solar Cells Market Share, By Company
- Polymer Solar Cells Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Polymer Solar Cells Market Value Analysis & Forecast
- Promising Polymer Solar Cells Development by Major Companies
- Detailed Polymer Solar Cells Portfolio of the Major Companies
- Major Deals in the Polymer Solar Cells Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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