The
industry analysis report “Thin Film Solar Cells Market
Size By Component (Cadmium Telluride (CDTE), Amorphous Silicon (A-Si), Copper
Indium Gallium Diselenide), By Connectivity (On-Grid, Off Grid), By Application
(Residential, Commercial, Utility), Industry Analysis Report, Regional Outlook
(U.S., Canada, Mexico, UK, Germany, Spain, France, China, India, Japan,
Australia, UAE, South Africa, Brazil, Chile, Argentina), Price Trends, Competitive
Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc. says Thin Film Solar Cells
Market size is likely to exceed USD 30 billion by 2024; driven by growing
demand for sustainable energy.
Technological breakthroughs along with growing
energy conservation will result in decrease of component costs, thereby
benefitting the industry expansion. In addition to this, growing need for
uninterrupted power supply from off grid regions will elevate the demand for
renewable energy which will further accelerate the product demand.
Efforts to reduce fossil fuel depletion along
with strict legislations to maintain green environment will accelerate Thin
film solar cell market expansion over the coming years. Furthermore, escalating
requirement for electricity across the rural areas in emerging economies is
expected to drive the market trends over the years to come.
Based on the component trends, Thin film
solar cell industry is segmented into cadmium telluride, copper indium gallium
diselenide, and amorphous silicon. Cadmium telluride Thin film solar cell
industry revenue is anticipated to hit USD 20 billion by 2024, driven by its
extensive use across terrestrial power generation plus its high rate of
conversion as well as low manufacturing costs. Amorphous silicon Thin film
solar cell industry is projected to display a considerable growth over the span
of few years, owing to its extensive applications across solar wristwatches,
garden lights, and electronic calculators.
Thin film solar cell are highly popular
across utility, residential, and commercial sectors. Commercial application,
which accounted over 19% of the overall revenue in 2015, is anticipated to
witness a considerable expansion over the coming period of 2016 to 2024. High
demand for sustainable power supply and rise in the number of electrification
programs is projected to drive the revenue. Thin film solar cell market share
across the residential sector is expected to grow noticeably over years to
come, due to the increase in the rooftop installations.
Below are the
regional trends of Thin film solar cell market over 2016-2024
·
Large
scale availability of natural resources with unexplored potential is
anticipated to boost Chile Thin film solar cell market value over the years to
come.
·
UK Thin
film solar cell market share is expected to witness a high surge over the
coming timeline, driven by high government focus toward acceptance of
sustainable energy.
·
Growing
need for PV installations across the residential sector along with favorable
rules to encourage the use of renewable energy will stimulate U.S. Thin film
solar cell industry growth.
Key industry players include Ascent Technology Inc., MiaSole Hi-Tech
Corporation, First Solar, Hankey Asia Ltd, Oxford PV, and Xunlight Kunshan Co.
Ltd.
Table of Contents
Chapter 1 Methodology & Scope
1.1 Research
Methodology
1.1.1 Initial
data exploration
1.1.2 Statistical
model and forecast
1.1.3 Industry
insights and validation
1.1.4 Research
scope and assumptions
1.2 List of Data
Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2 Executive Summary
2.1 Thin film
solar cells industry 3600 synopsis, 2013 - 2024
2.1.1 Current
business environment
2.1.2 Component
trends
2.1.3 Connectivity
trends
2.1.4 Application
trends
2.1.5 Regional
trends
Chapter 3 Thin Film Solar Cells
Industry Insights
3.1 Industry
segmentation
3.2 Industry size,
forecast and growth prospects and growth prospects, 2013 – 2024
3.3 Thin film
solar cells industry ecosystem analysis
3.4 Vendor matrix
3.5 Innovation
& sustainability
3.6 Regulatory framework
3.6.1 U.S.
3.6.2 India
3.6.3 Europe
3.6.4 China
3.7 Price trend
analysis
3.8 Thin film
solar cells industry dynamics
3.8.1 Growth
drivers
3.8.1.1 Growing demand
for sustainable energy
3.8.1.2 Decreasing solar
component price
3.8.1.3 Favorable
government initiatives
3.8.1.4 stringent
emission control norms
3.8.2 Industry
pitfalls & challenges
3.8.2.1 Lack of
awareness
3.9 Key growth
opportunities
3.10 Porter’s analysis
3.11 Competitive landscape,
2015
3.11.1 Strategy
dashboard
3.12 PESTEL analysis
Browse key industry insights spread across
117 pages with 368 market data tables & 11 figures & charts from this
report Thin Film Solar
Cells Market in detail along with the table of contents at:
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