Press release
Organic Solar Cell Market to Set Phenomenal Growth from 2020 to 2027 | Renewable Energy
At the beginning of a recently published report on the Organic Solar Cell Market 2020-2027, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Organic Solar Cell Market.Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the industry during the forecasting period of 2020 to 2027. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the marketplace and value. Various distinctive features involve the market's knowledge based on the factors like the demographic changes, dimensions, historical details, and overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets.
The Global Organic Solar Cells market size was USD 55.63 million in 2019. The market is projected to grow from USD 44.9 million in 2020 to USD 101.29 million in 2027 at a CAGR of 12.30% in the 2020-2027 period.
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Key Players in the Organic Solar Cell Market are:
• Heliatek (Germany)
• ARMOR (France)
• infinityPV ApS (Denmark)
• Solarmer Energy, Inc. (U.S.)
• NanoFlex Power Corporation (U.S.)
• Optodot (U.S.)
• Eni (Italy)
• New Energy Technologies Inc. (U.S.)
• Novaled GmbH (Germany)
• Brite Solar (Greece)
Scope of the Report:
• Organic Solar Cell Market 2021 global industry research report is a professional and in-depth study on the Advanced Traffic Management Systems trends, share, size, growth, as well as industry analysis. Furthermore, size, the revenue shares of each segment and its sub-segments, as well as forecast figures are also covered in this report.
• The Global Organic Solar Cell Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
• The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of industry. Furthermore, the report offers a detailed analysis and information as per Organic Solar Cell Market Growth Analysis by manufacturers, segments helping our readers to get a comprehensive overview of the global
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What Does This Report Contain?
The report provides intelligent insights on new product developments, R&D activities, and future technologies. At the same time, it delivers elaborate information about recent investments, developments, and untapped geographies. Besides, our analysts have conducted an assessment of manufacturing capabilities, strategies, and shares of prominent companies.
Drivers & Restraints-
Urgent Need to Protect Buildings from Harsh Climatic Conditions Will Spur Growth
The emergence of building-integrated photovoltaics (BIPV) products is set to accelerate the organic solar cell market growth in the upcoming years. These products provide several enhanced functionalities to a building, unlike conventional construction materials. It can effectively convert buildings into energy producers from energy consumers. But, to achieve this, the BIPV technology has to be blended with the modern construction technology. Besides, it is capable of protecting buildings from noises and harsh climatic conditions. However, the lack of awareness about new technologies in the field of organic solar cells may obstruct growth in the forthcoming years.
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Segment-
BIPV Segment to Lead Backed by Presence of Favorable Government Policies
Based on application, the building-integrated photovoltaic (BIPV) segment earned 37.7% in terms of the organic solar cell market share in 2019. It was in the leading position because of the implementation of favorable policies by government bodies to encourage the deployment of enhanced renewable energy-powered cells. At the same time, this technology delivers an aesthetic appeal to the building.
Competitive Landscape-
Key Players Focus on Partnerships & R&D Activities to Create Novel Products
The global market is consolidated because of the presence of a limited number of manufacturers. They are mainly focusing on collaborations and partnerships to participate in new projects. Some of the academic institutes are conducting extensive research to develop innovative organic solar cells. Below are the two latest industry developments:
• January 2020: Researchers of Aarhus University, Denmark developed a microscopic organic PV technology. It can be utilized to create neural stimulating scaffolds in the human body that will control lights. It can also help to provide a non-invasive therapeutic treatment method.
• October 2018: Heliatek installed around 185 m² of organic photovoltaic films in the warehouse of Duisburger Hafen AG. It is considered to be the largest facade installation of organic solar cells to date.
Table of Content:
• Introduction
o Research Scope
o Segmentation
o Research Methodology
o Definitions and Assumptions
• Executive Summary
• Market Dynamics
o Drivers
o Restraints
o Opportunities
• Key Insights
o Key Emerging Trends - For Major Countries
o Latest Technological Advancement
o Regulatory Landscape
o Porters Five Forces Analysis
• Qualitative Analysis - Impact of COVID-19
o Impact of COVID-19 on the Solar Market
o Steps Taken by the Government to Overcome the Impact
o Key Developments in the Industry in Response to COVID-19
o Potential Opportunities and Challenges due to COVID-19 Outbreak
• Global Organic Solar Cell Market Analysis (USD Million), Insights and Forecast, 2016-2027
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Application
Building Integrated Photovoltaic (BIPV)
Portable Electronics
Defense Application
Conventional Solar
Others
o Market Analysis, Insights and Forecast - By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
TOC Continued…
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