PEROVSKITE SOLAR CELL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Perovskite Solar Cell Market, By Structure (Planar perovskite solar cells and Mesoporous perovskite solar cells), By Product Type (Rigid and Flexible), By End User (Aerospace, Industrial automation, Consumer Electronics, Energy, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : May 2024
Code : CMI7017
Pages :129
Formats :
Excel and PDF
Industry : Energy

Market Concentration and Competitive Landscape

Perovskite Solar Cell Market Concentration By Players

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Potential for Lower Cost Production

The potential for significantly lower manufacturing costs as compared to conventional silicon photovoltaic technology can drive the market growth. One of the main reasons silicon has dominated is its economics prevailed over thin film rivals like CdTe and CIGS. However, perovskite production costs show potential to usher in a new era of even lower price photovoltaics. This advantage stems from perovskite cells being solution processable from inexpensive raw materials using techniques like slot-die coating or inkjet printing which enable high-volume roll-to-roll manufacturing. Fabricating perovskite films is a low-temperature process suitable for flexible plastic substrates versus the high temperatures required for crystalline silicon manufacturing. Furthermore, perovskite materials does not require energy-intensive refinement and does not use expensive semiconductor manufacturing equipment. Perovskite components are abundantly available unlike scarce raw materials in thin-film technologies like tellurium and indium.

Key Players Insights