openPR Logo
Press release

Thin Film Photovoltaic Modules Market Analysis, Forecast, and Assessment

07-21-2017 10:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Thin Film Photovoltaic Modules Market Analysis, Forecast,

Renewable energy resources have the potential to meet the growing energy demand through the use of renewable energy resources such as solar, wind, hydropower, geothermal, etc. Photovoltaic technology is one of the most favoured renewable energy technologies. Photovoltaic (PV) generates electricity using solar cells. The photovoltaic effect allows semiconductors to generate electricity using sunlight through an electronic process. Solar cells are manufactured either from crystalline silicon photovoltaic cells or thin- film photovoltaic cells. When it comes to converting sunlight to electricity, thin-film cells commonly offer lower efficiency in comparison to silicon cells. However, thin film cells are simple and less expensive to produce. However silicon cells are expensive to manufacture.

The photovoltaic module holds many PV cells together, arranged in a parallel sequence, to enhance the output of current and generate higher voltage. Thesilicon material is vaporized and deposited on glass or stainless steel using three commercial production technologies namely single-crystalline technology, polycrystalline or multi-crystalline technology and thin film technology. Thin film photovoltaic modules use thinner photovoltaic material than mono or multi-crystalline photovoltaic modules. The cell structure of thin film modules is less susceptible to shadow and offers a more flexible design which has led to numerous applications such as curved surfaces, building-integrated photovoltaic, etc. Thin film photovoltaic cells consist of 10 nm thick layers of active materials. Crystalline-silicon cells, in comparison, consist of 200 to 300 nanometre thick layer of crystalline-silicon cells. Thin film photovoltaic modules are easy to install and offer excellent performance under a diverse set of climatic conditions such as diffused sunlight and indirect sunlight conditions. In contrast to crystalline silicon panels which are installed on strong rooftops with its rough mounting framework tilted at a fixed degree, thin film photovoltaic panels are rolled out and directly attached to the housetop even without racks or weak support. Though thin film panels require more roof space for the same power output, their installation is easy and cost effective.

Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-3767

Thin Film Photovoltaic Modules: Market Dynamics

The market for thin-film photovoltaic modules relies heavily on supply-driven market situation and currently, there is a strong demand for low-cost thin film photovoltaic modules in the market. Owing to improvements in technology made possible through the use of new materials and reduced cost, manufacturing of thin film photovoltaic modules has scaled up. However, the declining cost of silicon and hence, the increasing affordability of silicon-based photovoltaic panels such as mono and polycrystalline may act as a restraining factor the thin film photovoltaic modules market. Moreover, both copper indium gallium selenide (CIGS) and cadmium telluride (CdTe) are toxic substances and stringent government regulations related to cadmium-related products could hamper the sale of thin film photovoltaic modules made from cadmium telluride.

Thin Film Photovoltaic Modules: Market Segmentation

On the basis of product type, the global thin film photovoltaic modules market is segmented into:

Copper indium gallium selenide (CIGS)

Amorphous silicon (a-Si)

Cadmium telluride (CdTe)

On the basis of application, the global thin film photovoltaic modules market is segmented into:

Building-Integrated Photovoltaics (BIPV)

Roof –top applications

Utility scale applications

Others

Thin Film Photovoltaic Modules: Regional Outlook

Owing to increased demand for solar energy, especially in Germany, Spain and Italy, the Europe region accounts for a significant market share of the total thin film photovoltaic modules market. Thin film photovoltaic modules are economical and work well when installed on roofs that face East, West or North. China and Japan could be the key markets for thin film photovoltaic modules in the Asia-Pacific region during the forecast period.

Request For TOC: http://www.futuremarketinsights.com/toc/rep-gb-3767

Thin Film Photovoltaic Modules: Key Players

Some of the key market participants identified across the value chain of the global thin film photovoltaic market are:

First Solar

Solar Frontier (Japan)

Kaneka Corporation (Japan)

Moser Baer Solar Limited

SUNERG Solar s.r.l. (Italy)

Bosch Solar Thin Film GmbH

NanoPV technologies Inc.

Calyxo GmbH

HHV Solar (India)

Solibro GmbH

Sulfurcell Solartechnik GmbH

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: http://www.futuremarketinsights.com/

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 Thin Film Photovoltaic Modules Market Analysis, Forecast, and Assessment here

News-ID: 635518 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Photovoltaic

High Flows Gas Scrubbers for Photovoltaic High Flows Gas Scrubbers for Photovolt …
The latest High Flows Gas Scrubbers for Photovoltaic market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market risks. Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5014673 Top Key Players are covered in this report: Triple
Finished Solar Concentrated Photovoltaic Market Overview to 2025 – Arzon Solar …
The Solar Concentrated Photovoltaic Market Report provides critical data of Production, Supply, Sales, Demand, Market Status and Industry Development Trend of Orthopedic Implants. This Report is a Result of best research material, competitive landscape analysis that will help decision makers to excel based on futuristic chart. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/78054 Solar Concentrated Photovoltaic Market research report delivers a close watch on leading competitors with strategic
Global Concentrated Photovoltaic (CPV) Market | Information by Type: High Concen …
Market Scenario A concentrated photovoltaic (CPV) is a technology that transforms the sunlight into electrical energy in the same way the conventional photovoltaic technology does. The optical concentrators, are used to harvest the sunlight from a widespread area and focus it directly onto a small area covered by PV cells. This helps increase the intensity of the light reaching the PV cells, and hence increases the amount of power the cells
Concentrated Photovoltaic (PV) and Solar Photovoltaic Market -Key Growth Factors …
Solar photovoltaic is a technology that converts solar energy into useful energy forms by absorbing solar photon (particles of light that operate as individual units of energy). Photovoltaic cell is also known as solar cell. Solar cell is an electrical device that translates light energy into electric energy or electricity using photovoltaic effect. Solar cell is a type of photoelectric cell which on exposure to light can produce and support
Global Concentrated Photovoltaic (CPV) Market 2017 : Soitec, Solar Junction, Sil …
Concentrated Photovoltaic (CPV) Market 2017 A market study based on the " Concentrated Photovoltaic (CPV) Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Concentrated Photovoltaic (CPV) Market 2017’. The research report analyses the historical as well as present performance of the worldwide Concentrated Photovoltaic (CPV) industry, and makes predictions on the future status of Concentrated Photovoltaic (CPV) market on the basis of
Develop business strategies Of Global Concentrated Photovoltaic (PV) and Solar P …
Latest industry research report on: Concentrated Photovoltaic (PV) and Solar Photovoltaic Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Download Sample copy of this Report at :http://www.marketresearchreports.biz/sample/sample/207114 Solar photovoltaic is a technology that converts solar energy into useful energy forms by absorbing solar photon (particles of light that operate as individual units of energy). Photovoltaic cell is also known as solar cell. Solar cell is an