Report Description

Global Thin Film Solar Cell Market, By Type (Cadmium Telluride (CdTe), Amorphous Thin-film Silicon and Copper Indium Gallium Diselenide (CIGS)), By Installation (On-Grid and Off-Grid), By End User (Residential, Commercial and Others), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Power

Global Thin Film Solar Cell Market is projected to reach USD 39.12 Billion by 2023, at a CAGR of over 20% during the forecast period. The major factors that drives the growth of the market are increasing awareness towards the green energy, growing demand & consumption of energy across the globe and growing installation flexibility. Moreover, regulatory measures for the reduction of carbon emission and growing demand for solar system installation are predictable to drive the market growth during the forecast period. Based on end-user, the market is segmented into residential, commercial and others. Based on installations, it is split into on-grid and off-grid. Based on region, the Europe region dominated the market in 2017 followed by North America and the region is anticipated to maintain its dominance over the next five years as well owing to the continual incidence of solar radiation and high use of renewable energy due to the extensive use of hydropower. Moreover, increasing financial incentives including tax rebate, subsidies, low import duty and tax credit are set to favour the industry outlook during 2019-2023. The key players in the market are Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Thin Film Solar Cell Market, in terms of value and volume.
  • To classify and forecast Global Thin Film Solar Cell Market based on type, installation, end user and regional distribution.
  • To identify drivers and challenges for Global Thin Film Solar Cell Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Thin Film Solar Cell Market.
  • To conduct the pricing analysis for Thin Film Solar Cell Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Thin Film Solar Cell Market.


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Some of the leading players in the Global Thin Film Solar Cell Market are Oxford Photovoltaics, Hankey Asia Ltd., Global Solar, Inc., Xunlight Kunshan Co. Ltd., Kaneka Corporation, First Solar, Ascent Solar Technologies Inc., MiaSole Hi-Tech Corp., Trony Solar, and Mitsubishi Electric US, Inc. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Thin Film Solar Cell Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Thin Film Solar Cell Manufacturers
  • Manufacturers of components
  • Suppliers and Distributors
  • Raw material suppliers
  • Transport authorities
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Thin Film Solar Cell Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Type:
    • Cadmium Telluride (CdTe)
    • Amorphous Thin-film Silicon
    • Copper Indium Gallium Diselenide (CIGS)
  • Market, By Installation:
    • On-Grid
    • Off-Grid
  • Market, By End User:
    • Residential
    • Commercial
    • Others
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Thin Film Solar Cell Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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