Image

Europe Organic Solar Cell (OPV) Market – Industry Trends and Forecast to 2028

  • ICT
  • Published Report
  • Sep 2021
  • Europe
  • 350 Pages
  • No of Tables: 127
  • No of Figures: 24
  • ICT
  • Published Report
  • Sep 2021
  • Europe
  • 350 Pages
  • No of Tables: 127
  • No of Figures: 24

Europe Organic Solar Cell (OPV) Market, , By Type (Bilayer Membrane Heterojunction, Schottky Type, Others), Material (Polymers, Small Molecules), Application (BIPV & Architecture, Consumer Electronics, Wearable Devices, Automotive, Military & Device, Others), Physical Size (More than 140*100 mm square, Less than 140*100 mm square), End-User (Commercial, Industrial, Residential, Others),Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and Rest of Europe), Market Trends and Forecast to 2028.

Europe Organic Solar Cell (OPV) Market Market Analysis and Insights: Europe Organic Solar Cell (OPV) Market

Europe organic solar cell (OPV) market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with the CAGR of 13.7% in the forecast period of 2021 to 2028 and is expected to reach USD 169,340.32 thousand by 2028.

Organic solar cells or organic photovoltaic refer to multilayer photovoltaic device made with organic compounds able to convert solar energy into electricity. An organic solar cell is manufactured using carbon-based material and organic electronics instead of silicon as a semiconductor. Organic cells may also be referred to as plastic solar cells or polymers solar cells; compared to the crystalline silicon solar cells, the organic solar cells are made from compounds that can be dissolved in ink and printed onto plastics, this gives the organic solar cells the attribute of flexibility, light weight and easy incorporation in places or structures among others.

Major factors driving the growth of the Europe organic solar cell (OPV) market are increasing trend of using renewable energy for power generation, increasing demand for building Integrated Photovoltaic products (BIPV), and ease in manufacturing and advantages of OPVs over silicon solar cells. Emerging indoor photovoltaic technologies for sustainable internet of things are creating opportunities for the growth of the market. Lack of awareness about technological developments in the field of organic cells is acting as the major restraint for organic solar cell (OPV) market growth. Stability problems in organic solar cells are acting as a major challenge for the growth of the market.

Europe organic solar cell (OPV) market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Europe Organic Solar Cell (OPV) Market Europe Organic Solar Cell (OPV) Market Scope and Market Size

Europe organic solar cell (OPV) market is segmented into five notable segments based on type, material, application, physical size, and end-user.

  • On the basis of type, the Europe organic solar cell (OPV) market is segmented into bilayer membrane heterojunction, schottky type, and others. In 2021, bilayer membrane heterojunction segment is expected to dominate the market as there are increasing technological developments to use various material combinations that exhibit good charge transport and results in better power conversion efficiencies.
  • On the basis of material, the Europe organic solar cell (OPV) market is segmented into small molecules and polymers. In 2021, polymers segment is expected to dominate the market as polymers are easily available and less costly to fabricate. These are light weight, flexible and have less environmental impact. Organic polymers shoe semi conductivity and find numerous application in flexible electronics.
  • On the basis of application, the Europe organic solar cell (OPV) market is segmented into consumer electronics, BIPV & architecture, wearable devices, military & devices, automotive, and others. In 2021, BIPV & architecture segment is expected to dominate the market as the demand for onsite power source is increasing for increasing, flexible organic solar cells provide excellent integrations with building without compromising  the aesthetics and providing clean energy.
  • On the basis of physical size, the Europe organic solar cell (OPV) market is segmented into less than 140*100 mm square and more than 140*100 mm square. In 2021, more than 140*100 mm square is expected to dominate the market as these can be produced in large quantities due to their easy processability and low cost, and can be manufactured into thin films by a roll-to-roll process.
  • On the basis of end-user, the Europe organic solar cell (OPV) market is segmented into commercial, industrial, residential, and others. In 2021, commercial segment is expected to dominate the market as the organic solar cells are increasingly integrated with building architectures to provide onsite clean power. Commercial sector in increasingly adopting this technology through innovative devices.

Europe Organic Solar Cell (OPV) Market Country Level Analysis

Europe organic solar cell (OPV) market is segmented into five notable segments based on type, material, application, physical size, and end-user.

The countries covered in Europe organic solar cell (OPV) market report are U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, and Rest of Europe.

Germany is dominating the market in Europe region due to increasing technological developments in electrical components and increasing adoption of clean energy.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Rising Demand for Organic Solar Cell (OPV)

Europe organic solar cell (OPV) market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in organic solar cell (OPV) and changes in regulatory scenarios with their support for the organic solar cell (OPV) market. The data is available for historic period 2011 to 2019.

Competitive Landscape and Europe Organic Solar Cell (OPV) Market Share Analysis

Europe Organic Solar Cell (OPV) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe organic solar cell (OPV) market.

Major players covered in the report are Heliatek GmbH, ARMOR, infinityPV, Novaled GmbH, Sunew, NanoFlex Power Corporation, Alfa Aesar, Ningbo Polycrown Solar Tech Co., Ltd, Solaris Chem Inc., Epishine, TOSHIBA CORPORATION, Tokyo Chemical Industry Co., Ltd., and ENI S.p.A. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product developments are also initiated by the companies worldwide, which are also accelerating the growth of Europe Organic Solar Cell (OPV) market.

For instance,

  • In September 2020, ARMOR announced the intent to invest in developments to increase the lifetime of ASCA organic photovoltaic films from 5 to 20 years and to increase its electric performance by 4 to 8%. With this aim, the company has initiated research and development to study new materials used in the composition of barrier films and several layers of OPV cells. The company is working with French, European, and Canadian partners to develop, identify and test new materials.
  • In November 2017, Heliatek GmbH announced the innaugaration of world’s largest BiOPV installation on a roof with the Departement of Charentes Maritimes in France. The company installed 500 m2 of Heliatek’s solar films on the roof top of “Pierre Mendes France” middle school. With this the company installed HeliaSol on a roof installation for the first time. This enhanced company’s ability to complete contract agreements in record time. This strengthened company’s presence.


SKU-
Why Choose Us


Frequently Asked Questions