Global cadmium telluride solar panel market is anticipated to grow with an impressive CAGR in the forecast period, 2023-2027 on account of growing usage of cadmium telluride based solar panel in end use application. Moreover, surge in demand for renewable energy sources along with the adoption of renewable sources to maximize the energy output through these methods and products, is further driving the growth of the global cadmium telluride solar panel market in the upcoming five years.

Cadmium telluride solar panels are photovoltaic devices that utilize solar energy and convert it into electronic energy. A thin layer of cadmium telluride performs the function of energy conversion. Other crystalline silicon based devices may be more efficient than cadmium telluride solar panels but are more expensive to produce. But the advancing technology of cadmium telluride solar panels may generate higher capacity as compared to silicon based solar panels. CdTe, Cadmium Telluride is a commonly used material in thin film solar panels. Though cadmium is a toxic heavy metal and extremely dangerous. Cadmium is a waste byproduct of mining, smelting and refining sulfidic ores of zinc refining.

Technological Advancement Drives Market Growth

Rapidly increasing demand for cadmium telluride in the electro-optic modulator owing to the high electro-optic coefficient of the material is driving the growth of the global cadmium telluride solar panel market. Also, increasing demand for renewable sources of energy for the utilization of the solar energy for generation of the electric energy is supporting the growth of the global cadmium telluride solar panel market in the next five years.

According to IRENA 2021, total renewable energy production in the year 2020 was recorded to be 2,799,094 MW globally. In the US alone, 292,065 MW of renewable energy production was recorded. Increasing demand for generation of electric energy from solar energy is further substantiating the growth of the global cadmium telluride solar panel market in the future five years.


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Market Segmentation

The global cadmium telluride solar panel market is segmented based on end use, application, material, regional distribution, and competitive landscape. Based on end use, the market is segmented into residential, commercial, industrial, and utility. On the basis of application, the market is sub-segmented into cell efficiency, process optimization, ambient temperature, and solar tracking. Based on material, the market is fragmented into Cadmium and Telluride. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Company Profile

First Solar, Toledo Solar, Calyxo GmbH, Advanced Solar Power, Antec Solar GmbH, Dmsolar LLC, Nexcis, Reel Solar, Lucintech Inc., are enlisted in a partial list of major market players of the global cadmium telluride solar panel market.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         End Use

·         Application

·         Material

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, Poland, Denmark, South Africa, UAE, Saudi Arabia, Iraq, Turkey, Brazil, Argentina, Colombia, Peru, Chile

Key Companies Profiled

First Solar, Toledo Solar, Calyxo GmbH, Advanced Solar Power, Antec Solar GmbH, Dmsolar LLC, Nexcis, Reel Solar, Lucintech Inc.,

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global cadmium telluride solar panel market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Cadmium Telluride Solar Panel Market, By End Use:
    • Residential
    • Commercial
    • Industrial
    • Utility
  • Cadmium Telluride Solar Panel Market, By Application:
    • Cell Efficiency
    • Process Optimization
    • Ambient Temperature
    • Solar Tracking
  • Cadmium Telluride Solar Panel Market, By Material:
    • Cadmium
    • Telluride
  • Cadmium Telluride Solar Panel Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iraq
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cadmium telluride solar panel market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Cadmium Telluride Solar Panel Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Cadmium Telluride Solar Panel Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting a Supplier

5.3.  Satisfaction Level

5.4.  Major Challenges Faced

6.    Global Cadmium Telluride Solar Panel Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By End Use (Residential, Commercial, Industrial, Utility)

6.2.2.     By Application (Cell Efficiency, Process Optimization, Ambient Temperature, Solar Tracking)

6.2.3.     By Material (Cadmium, Telluride)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    North America Cadmium Telluride Solar Panel Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By End Use

7.2.2.     By Application

7.2.3.     By Material

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Cadmium Telluride Solar Panel Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By End Use

7.3.1.2.2.             By Application

7.3.1.2.3.             By Material

7.3.1.3.         Major Regulator Policies Supporting Solar Power in the Country

7.3.2.     Canada Cadmium Telluride Solar Panel Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By End Use

7.3.2.2.2.             By Application

7.3.2.2.3.             By Material

7.3.2.3.         Major Regulator Policies Supporting Solar Power in the Country

7.3.3.     Mexico Cadmium Telluride Solar Panel Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By End Use

7.3.3.2.2.             By Application

7.3.3.2.3.             By Material

7.3.3.3.         Major Regulator Policies Supporting Solar Power in the Country

8.    Asia-Pacific Cadmium Telluride Solar Panel Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By End Use

8.2.2.     By Application

8.2.3.     By Material

8.2.4.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Cadmium Telluride Solar Panel Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By End Use

8.3.1.2.2.             By Application

8.3.1.2.3.             By Material

8.3.1.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.2.     India Cadmium Telluride Solar Panel Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By End Use

8.3.2.2.2.             By Application

8.3.2.2.3.             By Material

8.3.2.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.3.     Japan Cadmium Telluride Solar Panel Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By End Use

8.3.3.2.2.             By Application

8.3.3.2.3.             By Material

8.3.3.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.4.     South Korea Cadmium Telluride Solar Panel Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By End Use

8.3.4.2.2.             By Application

8.3.4.2.3.             By Material

8.3.4.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.5.     Australia Cadmium Telluride Solar Panel Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By End Use

8.3.5.2.2.             By Application

8.3.5.2.3.             By Material

8.3.5.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.6.     Singapore Cadmium Telluride Solar Panel Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By End Use

8.3.6.2.2.             By Application

8.3.6.2.3.             By Material

8.3.6.3.         Major Regulator Policies Supporting Solar Power in the Country

8.3.7.     Malaysia Cadmium Telluride Solar Panel Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By End Use

8.3.7.2.2.             By Application

8.3.7.2.3.             By Material

8.3.7.3.         Major Regulator Policies Supporting Solar Power in the Country

9.    Europe Cadmium Telluride Solar Panel Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By End Use

9.2.2.     By Application

9.2.3.     By Material

9.2.4.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Cadmium Telluride Solar Panel Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By End Use

9.3.1.2.2.             By Application

9.3.1.2.3.             By Material

9.3.1.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.2.     United Kingdom Cadmium Telluride Solar Panel Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By End Use

9.3.2.2.2.             By Application

9.3.2.2.3.             By Material

9.3.2.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.3.     France Cadmium Telluride Solar Panel Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By End Use

9.3.3.2.2.             By Application

9.3.3.2.3.             By Material

9.3.3.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.4.     Italy Cadmium Telluride Solar Panel Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By End Use

9.3.4.2.2.             By Application

9.3.4.2.3.             By Material

9.3.4.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.5.     Spain Cadmium Telluride Solar Panel Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By End Use

9.3.5.2.2.             By Application

9.3.5.2.3.             By Material

9.3.5.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.6.     Poland Cadmium Telluride Solar Panel Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By End Use

9.3.6.2.2.             By Application

9.3.6.2.3.             By Material

9.3.6.3.         Major Regulator Policies Supporting Solar Power in the Country

9.3.7.     Denmark Cadmium Telluride Solar Panel Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By End Use

9.3.7.2.2.             By Application

9.3.7.2.3.             By Material

9.3.7.3.         Major Regulator Policies Supporting Solar Power in the Country

10.  South America Cadmium Telluride Solar Panel Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By End Use

10.2.2.  By Application

10.2.3.  By Material

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Cadmium Telluride Solar Panel Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By End Use

10.3.1.2.2.           By Application

10.3.1.2.3.           By Material

10.3.1.3.      Major Regulator Policies Supporting Solar Power in the Country

10.3.2.  Argentina Cadmium Telluride Solar Panel Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By End Use

10.3.2.2.2.           By Application

10.3.2.2.3.           By Material

10.3.2.3.      Major Regulator Policies Supporting Solar Power in the Country

10.3.3.  Colombia Cadmium Telluride Solar Panel Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By End Use

10.3.3.2.2.           By Application

10.3.3.2.3.           By Material

10.3.3.3.      Major Regulator Policies Supporting Solar Power in the Country

10.3.4.  Peru Cadmium Telluride Solar Panel Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By End Use

10.3.4.2.2.           By Application

10.3.4.2.3.           By Material

10.3.4.3.      Major Regulator Policies Supporting Solar Power in the Country

10.3.5.  Chile Cadmium Telluride Solar Panel Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By End Use

10.3.5.2.2.           By Application

10.3.5.2.3.           By Material

10.3.5.3.      Major Regulator Policies Supporting Solar Power in the Country

11.  Middle East & Africa Cadmium Telluride Solar Panel Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By End Use

11.2.2.  By Application

11.2.3.  By Material

11.2.4.  By Country

11.3.              Middle East & Africa: Country Analysis

11.3.1.  Saudi Arabia Cadmium Telluride Solar Panel Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By End Use

11.3.1.2.2.           By Application

11.3.1.2.3.           By Material

11.3.1.3.      Major Regulator Policies Supporting Solar Power in the Country

11.3.2.  South Africa Cadmium Telluride Solar Panel Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By End Use

11.3.2.2.2.           By Application

11.3.2.2.3.           By Material

11.3.2.3.      Major Regulator Policies Supporting Solar Power in the Country

11.3.3.  UAE Cadmium Telluride Solar Panel Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By End Use

11.3.3.2.2.           By Application

11.3.3.2.3.           By Material

11.3.3.3.      Major Regulator Policies Supporting Solar Power in the Country

11.3.4.  Iraq Cadmium Telluride Solar Panel Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By End Use

11.3.4.2.2.           By Application

11.3.4.2.3.           By Material

11.3.4.3.      Major Regulator Policies Supporting Solar Power in the Country

11.3.5.  Turkey Cadmium Telluride Solar Panel Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By End Use

11.3.5.2.2.           By Application

11.3.5.2.3.           By Material

11.3.5.3.      Major Regulator Policies Supporting Solar Power in the Country

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.