Press release
Dye-Sensitized Solar Cell (Dssc) Market in Supply Chain Market Industry Insights, Trends, and Forecasts to 2029
Dye sensitized solar cells (Dssc) and photovoltaic cells are considered the third generation of solar technologies offering added functionality at lower cost. This technology is being highly deployed throughout the world due to the rise in awareness among consumers regarding adverse environmental impacts of fossil fuels.
Global Dye-Sensitized Solar Cell (Dssc) Market was valued at USD 114.57 million in 2021 and is expected to reach USD 296.68 million by 2029, registering a CAGR of 12.63% during the forecast period of 2022-2029. Portable Charging accounts for the largest application segment in the respective market owing to the increase in demand for dye sensitized solar cells in portable charging. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Dye sensitized solar cells refer to the type of cells that are cost-effective solar cells classified as thin film solar cells. These cells are known to be based on a semiconductor that is formed between a photo sensitized anode and an electrolyte.
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Dye-Sensitized Solar Cell (Dssc) Market Regional Analysis/Insights
The dye-sensitized solar cell (Dssc) market is analysed and market size insights and trends are provided by country, type, and application as referred above.
The countries covered in the dye-sensitized solar cell (Dssc) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the dye-sensitized solar cell (Dssc) market because of the high rate of implementation in BIPV and usage of the latest technologies within the region.
North America is expected to witness significant growth during the forecast period of 2022 to 2029 because of the surge in investments in the development of DSSC in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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