Thin-film Solar Cell Market to 2022: New Tech Developments, Advancements, Key Players, Strategies to Boost Industry Growth
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A thin film solar cell is 2nd generation solar cell and uses a very thinner level of PV (photovoltaic) material as compared to mono or multi-crystalline solar cell. It is made by depositing one or more TF(Thin Film)or thin layers of PV material on a substrate like metal, plastic or glass. These types of cells are used in various technologies such as CIGS (copper indium gallium diselenide), a-Si, TF-Si (amorphous thin-film silicon) and CdTe(cadmium telluride). The report covers product scope, market opportunities, market overview, market risk, and market driving force.
Strict norms to lower greenhouse emissions coupled with keen concerns about fossil fuel depletion are likely to propel the market growth. Furthermore, several financial incentives such as subsidies, tax rebate, FIT, net metering, tax credit and low import duty are projected to further the industry growth.
Growing demand for electricity, especially from rural area among developing countries and the stringent regulations toward energy conservation, are set to favor the thin film solar cells market size soon. However, the high initial cost is expected to hamper the industry growth.
The solar cells made using thin film materials feature lower energy conversion efficiencies as compared to the bulk silicon. Due to this, their cost effectiveness is as competitive at present. The report identifies the key drivers influencing the market. Thin film technology proves to be a smart alternative for mechanical components and semiconductors, etc. Active research has been envisioned for various environment-friendly disposition systems and products.
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The research report provides up-to-date information on the market share, strategies, profit margins, and capabilities of the key market participants. It features insights, valuable information, and tools needed to figure out new growth opportunities. The report also states the global market size in terms of value and volume. It also provides market analysis for major regions including North America (USA, Mexico and Canada), APAC (China, Korea, Japan, India and Southeast Asia). The report also analyzes users and market size for regions including Europe (France, UK, Germany, Russia and Italy), South America (Brazil, Columbia, Argentina, etc.), Middle East and Africa (UAE, Saudi Arabia, Nigeria, Egypt, and South Africa).
The report features global key industry players with company profiles, product portfolio, specifications, sales, key trends, industry development trends and marketing channels analysis. Some of the leading manufacturers covered in the report include First Solar, Solar Frontier, Wurth Solar, Sharp Thin Film, MiaSole, NexPower, Stion, Hanergy, Kaneka Solartech, Bangkok Solar, Calyxo, Topray Solar, Global Solar Energy, and ENN Energy Holdings.
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