openPR Logo
Press release

Dye-Sensitized Solar Cell Market to Surpass US$ 749.3 Million, Expanding at 11.2% CAGR by 2034: Fact.MR Analysis

07-11-2025 07:20 AM CET | Chemicals & Materials

Press release from: Fact.MR

Dye-Sensitized Solar Cell Market

Dye-Sensitized Solar Cell Market

The global dye-sensitized solar cell (DSSC) market was valued at US$ 259.2 million in 2024 and is projected to grow at a significant CAGR of 11.2%, reaching approximately US$ 749.3 million by 2034.

This market centers on the innovation and deployment of solar cells that utilize a distinct electrochemical process to convert sunlight into electricity. DSSCs are gaining traction for their high efficiency, cost-effective manufacturing, and flexible design, making them ideal for diverse applications-from portable consumer electronics to large-scale solar energy systems.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=10603

Market Drivers

Sustainability & Green Architecture

Governments and developers are embracing eco-friendly energy solutions, boosting demand for BIPV like solar windows, façades, and roofing.

Aesthetic and Functional Deployment

DSSCs-unlike rigid silicon panels-are lightweight, flexible, and can be integrated into windows, fabrics, or curved surfaces. Research from the Silesian University in Poland achieved a ceramic-tile DSSC with ~4% efficiency, showcasing viability for BIPV.

Portable and IoT Applications

Rise in remote sensors, wearable devices, and portable charging solutions drives DSSC deployment. The "portable charging" segment accounted for ~38% of revenue in 2024.

Automotive Integration

Electric and hybrid vehicles are exploring surface-mounted DSSCs to power auxiliary systems like HVAC and infotainment.

Government Incentives and R&D

Efforts in North America and Europe-including grants and subsidies-support DSSC innovation, efficiency improvements, and market penetration.

Country-wise Insights

In the United States, the dye-sensitized solar cell (DSSC) market was valued at US$ 61.7 million in 2024 and is expected to grow at a CAGR of 11.3% through 2034, generating an absolute opportunity of US$ 118.1 million over the forecast period. The adoption of DSSCs is notably high in the U.S., driven by a strong emphasis on clean energy initiatives and sustainable development. Government policies supporting renewable energy-such as tax credits and incentives-have significantly accelerated the integration of solar technologies, including DSSCs.

Meanwhile, China's DSSC market is projected to reach US$ 96.7 million by 2034, growing at a CAGR of 12.9% and creating US$ 68 million in absolute opportunities from 2024 to 2034. As the world's largest producer and consumer of solar energy technologies, China presents a robust growth environment for DSSC manufacturers. The country's expanding focus on renewable energy, supported by large-scale manufacturing capabilities and clean energy targets, positions it as a key market for future DSSC deployment.

Competitive Landscape

Key players in the dye-sensitized solar cell (DSSC) market include Fujikura Ltd., Dyenamo AB, Everlight Chemical Industrial Co., Exeger Operations AB, G24 Power, National Institute for Materials Science, Nissha Co., Ltd., Peccell Technologies, Inc., Ricoh, SHARP Corporation, and Solaronix SA.

These companies invest heavily in research and development (R&D) to address technical challenges, deliver innovative solutions, and maintain a competitive edge. A growing focus is on developing tailored technologies that cater to specific industry requirements, enhancing both functionality and market appeal.

In September 2024, Peccell Technologies, Inc. gained recognition for its laser-assisted hermetic encapsulation technology, designed to improve the durability and efficiency of dye-sensitized solar cells. This advanced sealing method enhances the long-term performance and reliability of both perovskite and DSSC panels, contributing to their broader applicability and commercial viability.

Browse Full Report: https://www.factmr.com/report/dye-sensitized-solar-cell-market

Segmentation of Dye-Sensitized Solar Cell Industry Research

By Product Type :
Rigid DSSCs
Flexible DSSCs

By End-User Industry :
Energy Industry
Construction & Building Industry
Consumer Electronics
Automotive Industry
Agriculture

By Application Type :
Residential
Commercial
Portable Electronics
Automotive
Wearable Solar Cells
Agriculture

By Region :
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Pacific
Middle East & Africa

Check out More Related Studies Published by Fact.MR:

Landfill Gas Industry Analysis in Middle East & Africa
https://www.factmr.com/report/landfill-gas-industry-analysis-in-middle-east-and-africa
Landfill Gas Industry Analysis in East Asia
https://www.factmr.com/report/landfill-gas-industry-analysis-in-east-asia
Sodium Trimetaphosphate Industry Analysis in North America
https://www.factmr.com/report/sodium-trimetaphosphate-industry-analysis-in-north-america
Sodium Trimetaphosphate Industry Analysis in Middle East & Africa
https://www.factmr.com/report/sodium-trimetaphosphate-industry-analysis-in-middle-east-and-africa

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Dye-Sensitized Solar Cell Market to Surpass US$ 749.3 Million, Expanding at 11.2% CAGR by 2034: Fact.MR Analysis here

News-ID: 4100333 • Views:

More Releases from Fact.MR

Healthcare AR VR Market Dynamics: Influence of Key Players Including Atheer, Augmedix, and Vuzix Corporations
Healthcare AR VR Market Dynamics: Influence of Key Players Including Atheer, Aug …
The global healthcare AR VR market is experiencing explosive growth, with its valuation expected to surge from USD 2.8 billion in 2024 to USD 14.85 billion by 2034. This remarkable expansion reflects a compound annual growth rate (CAGR) of 18.2% over the forecast period from 2024 to 2034. The market's momentum is driven by the transformative potential of augmented reality (AR) and virtual reality (VR) in enhancing medical training, surgical
Ad-Supported Video on Demand (AVOD) Market to Reach USD 47.84 Billion by 2034, Led by Key Players like Tubi, Pluto TV, Roku, IMDb TV, and Freevee
Ad-Supported Video on Demand (AVOD) Market to Reach USD 47.84 Billion by 2034, L …
In an era where binge-watching has become a global pastime, the ad-supported video on demand (AVOD) market is poised for unprecedented expansion, according to a groundbreaking new report from Fact.MR. Valued at US$ 40.12 billion in 2024, the sector is projected to skyrocket to US$ 150.8 billion by 2034, achieving a robust compound annual growth rate (CAGR) of 14.2%. This meteoric rise underscores the transformative power of AVOD platforms, which
Continuous Positive Airway Pressure (CPAP) Device Market Expanding at 5.45% CAGR, Driven by Key Players: ResMed, Philips, Fisher & Paykel, Invacare, and DeVilbiss Healthcare
09-23-2025 | Health & Medicine
Fact.MR
Continuous Positive Airway Pressure (CPAP) Device Market Expanding at 5.45% CAGR …
The global continuous positive airway pressure (CPAP) device market is on a steady growth trajectory, with its valuation expected to rise from USD 3,969.5 million in 2024 to USD 7,286.3 million by 2034. This expansion corresponds to a compound annual growth rate (CAGR) of 6.3% over the forecast period from 2024 to 2034. The market's momentum is driven by the increasing prevalence of sleep apnea, growing awareness of sleep disorders,
Cranio Maxillofacial Fixation Device Market is Projected to Reach USD 6,030 Million by 2035 | DePuy Synthes; KLS Martin Group; Xilloc Medical B. V; Synimed; Zimmer-Biomet; Stryker
09-23-2025 | Health & Medicine
Fact.MR
Cranio Maxillofacial Fixation Device Market is Projected to Reach USD 6,030 Mill …
The global cranio maxillofacial fixation device market is expected to experience significant growth, with its valuation rising from USD 2,946 million in 2025 to USD 6,030 million by 2035. This expansion corresponds to a compound annual growth rate (CAGR) of 7.4% over the forecast period from 2025 to 2035. The market's momentum is driven by rising concerns over facial trauma and genetic imperfections, increasing demand for minimally invasive surgeries, and

All 5 Releases


More Releases for DSSC

Dye-sensitized Solar Cells (DSSC) Market Size 2024: Industry Analysis And Foreca …
Dye-sensitized Solar Cells (DSSC) Market Trends In 2024: The Dye-sensitized Solar Cells (DSSC) Market 2024 report provides a comprehensive analysis of Types (Product Type 1, Product Type 2), Application (Portable Charging, BIPV/BAPV, Embedded Electronics), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast, 2024-2032. Major Players of
Dye-Sensitized Solar Cells DSSC Market to Witness Astonishing Growth- 2030
Global Dye-Sensitized Solar Cells DSSC Market Report by Absolute Markets Insights is a meticulously undertaken study. Experts with proven credentials and a high standing within the research fraternity have presented an in-depth analysis of the subject matter, bringing to bear their unparalleled domain knowledge and vast research experience. They offer some penetrating insights into the complex world of Dye-Sensitized Solar Cells DSSC Market Industry. Their sweeping overview, comprehensive analyses, precise
Dye Sensitized Solar Cell (DSSC) Market Trends Analysis By Top Key Players
Zion Market Research analysts forecast the latest report on "Dye Sensitized Solar Cell (DSSC) Market: Global Industrial Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2024", according to their latest report the Dye Sensitized Solar Cell (DSSC) Market report covers the overall and all-inclusive analysis of the Dye Sensitized Solar Cell (DSSC) Market with all its factors that have an impact on market growth. The Dye Sensitized Solar Cell (DSSC) Market's
Dye-sensitized Solar Cells (DSSC) Market: Competitive Dynamics & Global Outlook …
Market Research Report Store offers a latest published report on Dye-sensitized Solar Cells (DSSC) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Dye-sensitized Solar Cells (DSSC) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx
Dye-sensitized Solar Cells (DSSC) Sales Market By Top Manufacturers/players, wit …
The research report of “Global Dye-sensitized Solar Cells (DSSC) Sales Market ” examines the current and futuristic development estimate of the market.The driving key factors and restraint are given which are capable for its progress and slowdown of the market too. The research study is an accumulation of primary and secondary research, which enables the players to have a robust understanding of the overall market. In this report, the global Dye-sensitized
Europe DSSC Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Europe DSSC Market Report 2017" Description This report studies sales (consumption) of DSSC in Europe market, especially in Germany, France, UK, Russia, Italy, Spain and Benelux, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Fujikura G24 Power Nissha Exeger Oxford Photovoltaics Solaronix Peccell Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue, market