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, By Region, Forecast & Opportunities, 2027

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Summary

Report Description

Global thin film solar cell market is expected to grow at a steady CAGR during the forecast period. The global thin film solar cell market is driven by rising initiatives taken by the government toward grid integration of renewable technologies. Additionally, growing awareness pertaining to use of green energy coupled with regulatory measures for minimizing carbon emission is further expected to bolster the growth of market over the next few years.

The global thin film solar cell market is segmented based on type, installation, end user, company, and region. Based on type, the market can be categorized into cadmium telluride, amorphous thin-film silicon, and copper indium gallium diselenide. Out of which, the cadmium telluride segment dominated the market until 2021 and is expected to maintain its leading position in the market during the forecast period as well. This can be ascribed to the manufacturing of cadmium-telluride thin film solar cells at low costs, owing to the fact that cadmium can be generated as a by-product of mining, smelting, and refining of zinc, lead, and copper.

In terms of installation, the market is fragmented into on-grid and off-grid. Out of which, the off-grid segment is projected to grow at a high CAGR over the next 5 years on account of the increasing demand for reliable and uninterruptable electricity supply across developing economies.

The major players operating in the 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, Mitsubishi Electric US, Inc., and others. Major companies are adopting organic and inorganic strategies to stay competitive in the market such as mergers & acquisitions, partnership, agreements, etc.

Objective of the Study:

  • To analyze and estimate the market size of global thin film solar cell market from 2017 to 2020.
  • To estimate and forecast the market size of global thin film solar cell market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global thin film solar cell market based on type, installation, end user, company and regional distribution.
  • To identify dominant region or segment in the global thin film solar cell market.
  • 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 pricing analysis for global thin film solar cell market.
  • To identify and analyze the profile of leading players operating in global thin film solar cell market.
  • To identify key sustainable strategies adopted by market players in global thin film solar cell market. 


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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 manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global thin film solar cell market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Thin film solar cell manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to thin film solar cell

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

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

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

Report Coverage

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

Segments Covered

·         Type

·         Installation

·         End User

Regional Scope

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

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

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, Mitsubishi Electric US, 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 thin film solar cell market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

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

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global thin film solar cell 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 thin film solar cell 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 [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Thin Film Solar Cell Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Thin Film Solar Cell Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Cadmium Telluride (CdTe), Amorphous Thin-film Silicon and Copper Indium Gallium Diselenide (CIGS))

6.2.2.     By Installation (On-Grid and Off-Grid)

6.2.3.     By End User (Residential, Commercial and Others)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Thin Film Solar Cell Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Installation

7.2.3.     By End User

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Thin Film Solar Cell Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Installation

7.3.1.2.3.             By End User

7.3.2.     India Thin Film Solar Cell Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Installation

7.3.2.2.3.             By End User

7.3.3.     Australia Thin Film Solar Cell Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Installation

7.3.3.2.3.             By End User

7.3.4.     Japan Thin Film Solar Cell Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Installation

7.3.4.2.3.             By End User

7.3.5.     South Korea Thin Film Solar Cell Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Installation

7.3.5.2.3.             By End User

8.    Europe Thin Film Solar Cell Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Installation

8.2.3.     By End User

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Thin Film Solar Cell Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Installation

8.3.1.2.3.             By End User

8.3.2.     Germany Thin Film Solar Cell Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Installation

8.3.2.2.3.             By End User

8.3.3.     United Kingdom Thin Film Solar Cell Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Installation

8.3.3.2.3.             By End User

8.3.4.     Italy Thin Film Solar Cell Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Installation

8.3.4.2.3.             By End User

8.3.5.     Spain Thin Film Solar Cell Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Installation

8.3.5.2.3.             By End User

9.    North America Thin Film Solar Cell Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Installation

9.2.3.     By End User

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Thin Film Solar Cell Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Installation

9.3.1.2.3.             By End User

9.3.2.     Mexico Thin Film Solar Cell Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Installation

9.3.2.2.3.             By End User

9.3.3.     Canada Thin Film Solar Cell Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Installation

9.3.3.2.3.             By End User

10.  South America Thin Film Solar Cell Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Installation

10.2.3.  By End User

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Thin Film Solar Cell Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Installation

10.3.1.2.3.           By End User

10.3.2.  Argentina Thin Film Solar Cell Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Installation

10.3.2.2.3.           By End User

10.3.3.  Colombia Thin Film Solar Cell Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Installation

10.3.3.2.3.           By End User

11.  Middle East and Africa Thin Film Solar Cell Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Installation

11.2.3.  By End User

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Thin Film Solar Cell Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Installation

11.3.1.2.3.           By End User

11.3.2.  Saudi Arabia Thin Film Solar Cell Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Installation

11.3.2.2.3.           By End User

11.3.3.  UAE Thin Film Solar Cell Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Installation

11.3.3.2.3.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Oxford Photovoltaics

14.2.              Hankey Asia Ltd.

14.3.              Global Solar, Inc.

14.4.              Xunlight Kunshan Co. Ltd.

14.5.              Kaneka Corporation

14.6.              First Solar

14.7.              Ascent Solar Technologies Inc.

14.8.              MiaSole Hi-Tech Corp.

14.9.              Trony Solar

14.10.            Mitsubishi Electric US, Inc.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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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, Mitsubishi Electric US, Inc. are the leading market players in the global thin film solar cell market.

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The European region is expected to lead the market during the forecast period due to the growing use of advanced technologies for energy generation.

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Based on type, the market is divided into cadmium telluride, amorphous thin-film silicon, and copper indium gallium diselenide. The cadmium telluride is expected to hold the largest market in the forecast period.

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Growing demand for renewable energy and supportive government policies favouring the production of non-conventional energy is driving the demand for the global thin film solar cell market during the forecast period.

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