Press release
Organic Solar Cells Market is Projected to Reach USD 378.32 Million by 2030: Cognitive Market Research
Market Overview:What are Organic Solar Cells?
Organic solar cells, also known as organic photovoltaics (OPV), are a type of solar cell that uses organic materials to convert sunlight into electrical energy. Unlike traditional silicon-based solar cells, which are made of inorganic materials, OPVs use thin films of organic molecules or polymers to absorb sunlight and generate electricity. These materials can be printed or deposited onto flexible substrates, which allows to produce lightweight, flexible, and even transparent solar cells. OPVs have the potential to be cheaper and more environmentally friendly than traditional solar cells, as the organic materials used in their construction are abundant and can be easily synthesized.
Summary:
As per the study of CMR, The Global Organic Solar Cells market size stood at USD 91.45 Million in 2022 and will touch the mark of USD 378.32 Million by 2030. The global market is expected to expand at a CAGR of 19.5% between 2023 and 2030.
To know more about The Organic Solar Cells Market statistics click here: https://www.cognitivemarketresearch.com/organic-solar-cell-market-report
What are the driving factors for the organic solar cells market?
The growing need for the development of renewable energy sources is one of the most important driving factors for the organic solar cells market. Renewable energy sources help in reducing carbon emissions and also act as economical sources of everyday power. In addition, increasing energy consumption, and government initiatives regarding renewable energy sources are fuelling the growth of the global organic solar cells market. The growing population in different countries directly impacts energy consumption and generation, it requires the production of alternative energy sources, which is fuelling the growth of the organic solar cells market. For instance, the UK government is aiming for around half of the electricity to come from renewable sources by 2025. Further, the increasing investment in the production of renewable energy is expected to create lucrative opportunities for the global organic solar cells market. However, their efficiency and stability still need to be improved to make them commercially viable.
Organic Solar Cells Market Segmentation:
Type:
• Schottky Type
• Bilayer Membrane Heterojunction
Material:
• Small Molecules
• Polymers
Application:
• Consumer Electronics
• BIPV & Architecture
• Automotive
• Wearable Devices
• Military & Device
Based on applications, the market is segmented into Consumer Electronics, BIPV & Architecture, Automotive, Wearable Devices, and Military & devices. The BIPV segment is the target contributor in the organic solar cell market. Different government policies regarding the production of renewable energy are propelling the building of integrated photovoltaic installations during the forecast period.
Physical Size:
• Less than 140*100 mm square
• More than 140*100 mm square
End User:
• Residential
• Industrial
• Commercial
• Others
Competitive Analysis of Organic Solar Cells Market: Slovy, Dyesol, Heliatek, Mitsubishi, G24, Sigma-Aldrich, Infinity PV, Sono-Tek Corporation, VTT Technical Research Centre of Finland, Tridonic, Belectric OPV, Eni
Get free sample pages of the latest published Organic Solar Cells Market Report: https://www.cognitivemarketresearch.com/organic-solar-cell-market-report
Which region is dominating the global organic solar cells market?
On the basis of region, Asia Pacific is dominating the global organic solar cells market, owing to the increasing energy consumption and government initiatives for renewable energy. For instance, the Ministry of New and Renewable Energy India has started a scheme named Pradhan Mantri Kisan Urja Suraksha evam Uttaan Mahabhiyan, this scheme aims s to add solar and other renewable capacities of 30,800 MW by 2022 with the total central financial support of Rs. 34,422 Crore including service charges to the implementing agencies. Further, the North American region is estimated as the second largest market for the global organic solar cells market. This is due to the increasing buying power, and improved access to digital technologies.
Organic Solar Cell Market News:
Solaria Unveils 430-Watt Pure Black PowerXT Ultra High-Power Solar Panels (September 2021)
One of the leading manufacturers of sophisticated solar energy products, Solaria Corporation, recently announced the addition of a new solar product to its lineup. The new PowerXT 430R-PL (430-Watt) solar panel from Solaria has a high-power density, an optimized form factor, unmatched aesthetics, and a 25-year full warranty.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Organic Solar Cell Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Organic Solar Cell Market Segmentation
1.5.1 Organic Solar Cell Market Regional Fragmentation
1.5.1 Organic Solar Cell Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Organic Solar Cell Market
• 3.1 Global Organic Solar Cell Market Size 2018 - 2030, (USD Million)
• 3.2 Global Organic Solar Cell Value, Absolute & Opportunity Analysis
• 3.3 Global Organic Solar Cell Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Organic Solar Cell Market Statistics 2022: Snapshot
Chapter 4 Global Organic Solar Cell Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Organic Solar Cell Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Organic Solar Cell Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Organic Solar Cell Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Organic Solar Cell Market by Physical Size Segmentation Analysis (2018-2030)
Chapter 13 Global Organic Solar Cell Market by Material Segmentation Analysis (2018-2030)
Chapter 14 Global Organic Solar Cell Market Regional Analysis
Chapter 15 North America Organic Solar Cell Market Outlook (2018 - 2030)
Chapter 16 Europe Organic Solar Cell Market Outlook (2018 - 2030)
Chapter 17 Asia Pacific Organic Solar Cell Market Outlook (2018 - 2030)
Chapter 18 Latin America Organic Solar Cell Market Outlook (2018 - 2030)
Chapter 19 Middle East and Africa Organic Solar Cell Market Outlook (2018 - 2030)
Chapter 20 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Organic Solar Cells Market TOC click here: https://www.cognitivemarketresearch.com/organic-solar-cell-market-report#table_of_contents
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• Dual Axis Solar Trackers Market- https://www.cognitivemarketresearch.com/dual-axis-solar-trackers-market-report
• Organic Acid Market- https://www.cognitivemarketresearch.com/organic-acid-market-report
• Solar Thermal Spray Coatings Market- https://www.cognitivemarketresearch.com/solar-thermal-spray-coatings-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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