Worldwide Market Reports

Perovskite Solar Cells Market 2019 : Rise with a Significant and Improved Revenue Growth by 2024

Since the anti-dumping duties occurred, the competitive status have already turned white-hot for the conventional photo-voltaic industry, with the price declining, the gross profit of the whole industry is narrowing, and be unsteady to some extent. In other word, the perovskite solar cell module may have the opportunity to reintegrate photo-voltaic industry and contribute to the industry without overcapacity.

 

Seattle, WA -- (SBWIRE) -- 10/29/2019 -- A perovskite solar cell is a type of solar cell which includes a perovskite structured compound, most commonly a hybrid organic-inorganic lead or tin halide-based material, as the light-harvesting active layer. Perovskite materials such as methylammonium lead halides are cheap to produce and simple to manufacture.

Perovskite materials, such as methylammonium lead halides and all-inorganic cesium lead halide, are cheap to produce and simple to manufacture. Solar cell efficiencies of devices using these materials have increased from 3.8% in 2009 to 23.3% in late 2018 in single-junction architectures, and, in silicon-based tandem cells, to 27.3%, exceeding the maximum efficiency achieved in single-junction silicon solar cells. Perovskite solar cells are therefore the fastest-advancing solar technology to date. With the potential of achieving even higher efficiencies and very low production costs, perovskite solar cells have become commercially attractive.

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Advantages:
The raw materials used, and the possible fabrication methods (such as various printing techniques) are both low cost. Their high absorption coefficient enables ultrathin films of around 500 nm to absorb the complete visible solar spectrum. These features combined result in the possibility to create low cost, high efficiency, thin, lightweight and flexible solar modules.

Processing:
Perovskite solar cells hold an advantage over traditional silicon solar cells in the simplicity of their processing and their tolerance to internal defects. Traditional silicon cells require expensive, multi-step processes, conducted at high temperatures (>1000 °C) in a high vacuum in special clean room facilities. Meanwhile, the organic-inorganic perovskite material can be manufactured with simpler wet chemistry techniques in a traditional lab environment. Most notably, methylammonium and formamidinium lead trihalides, also known as hybrid perovskites

Scope of the Report:
Perovskite solar cells module has obtained great attention from the research center and the conversion efficiency has increased for times science its first reported in 2009. However, there is no company that produce perovskite solar cell module in industrial scale. The commercial production may be possible around 2018.

The worldwide market for Perovskite Solar Cells is expected to grow at a CAGR of roughly 36.0% over the next five years, will reach 1270 million US$ in 2024, from 270 million US$ in 2019.

This report focuses on the Perovskite Solar Cells in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorises the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers: Oxford Photovoltaics, Saule Technologies, Dyesol, Fraunhofer ISE, FrontMaterials, Weihua Solar.

Market Segment by Type, covers: Normal Structure, Inverted Structure.

Market Segment by Applications, can be divided into: Residential Use, Commercial Use.

The current environment of the global Perovskite Solar Cells industry and the key trends shaping the market are presented in the report. Insightful predictions for the Perovskite Solar Cells market for the coming few years have also been included in the report. These predictions feature important inputs from leading industry experts and take into account every statistical detail regarding the Perovskite Solar Cells market.

Markets Status:
Combining the data integration and analysis capabilities with the relevant findings, the report has predicted strong future growth of the Perovskite Solar Cells market in all its geographical and product segments. In addition to this, several significant variables that will shape the Perovskite Solar Cells industry and regression models to determine the future direction of the markets have been employed to create the report.

Why should you buy?
- Build business strategy by identifying the high growth and attractive Perovskite Solar Cells market categories
- Develop competitive strategy based on competitive landscape
- Design capital investment strategies based on forecasted high potential segments
- Identify potential business partners, acquisition targets and business buyers
- Plan for a new product launch and inventory in advance
- Prepare management and strategic presentations using the Perovskite Solar Cells market data

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