Global Micromorph (Tandem Cell Using A SiΜc Si) Market – Industry Trends and Forecast to 2029

Global Micromorph (Tandem Cell Using A SiΜc Si) Market, By Type (Hybrid PSCs, Flexible PSCs, Multi-Junction PSCs), Parameter (Short-Circuit Current Density, Open-Circuit Voltage, Fill Factor FF), Application (Smart Glass, Solar Panel, Perovskite in Tandem Solar Cells, Portable Devices, Utilities, BIPV (Building-Integrated Photovoltaics)), End User (Manufacturing, Energy, Industrial Automation, Aerospace, Consumer Electronics) – Industry Trends and Forecast to 2029.

Micromorph (Tandem Cell Using A SiΜc Si) Market Analysis and Size

One of the most promising tandem cells, is also called micromorph (Tandem Cell Using A SiΜc Si) which is containing a microcrystalline silicon bottom sub cell and an amorphous silicon top of the sub cell. Strict government regulations on carbon emission and limited availability of fossil fuels create the higher demand for cost-effective and efficient sources such as solar energy. The highly efficient as compared to other alternative technologies, for instance, non-silicon solar cells and amorphous silicon are expected to drive the revenue growth of the market. 

Data Bridge Market Research analyses that the micromorph (Tandem Cell Using A SiΜc Si) market was valued at USD 4,290.30 million in 2021 and is expected to reach USD 7,207.80 million by 2029, registering a CAGR of 6.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Micromorph (Tandem Cell Using A SiΜc Si) Market Scope and Segmentation

Market Definition

Micromorph cells are thin film solar cells which is based on a multifunction architecture. Micromorph based solar cell consists two solar cells which are arranged on top of each other. Whereas the thin amorphous silicon is the top cell which absorbs blue light and thicker microcrystalline silicon is bottom cell which absorbs the red and near-infrared light, The bandgaps of amorphous silicon (1.7 eV) and microcrystalline Silicon (1.1 eV) are well suited for Micromorph (Tandem Cell Using A SiΜc Si )  solar cell

Micromorph (Tandem Cell Using A SiΜc Si) Market Dynamics

Drivers

• Increase in Awareness regarding Adverse impact on Environmental

The increase in awareness among the market players and buyers regarding the adverse effect of other solar cell on environmental increase the demand of micromorph (Tandem Cell Using A SiΜc Si) because it is renewable source-based power. Also, the rise in the dependence on unconventional energy sources has a positive impact on the market, which are expected to drive the market's growth.

• Due to unique adsorption property

The micromorph (Tandem Cell Using A SiΜc Si) based solar cell absorbs the red and near-infrared light whih is the major factor driving the demand of the micromorph (Tandem Cell Using A SiΜc Si) in the market. The bandgaps of micromorph (Tandem Cell Using A SiΜc Si) is similar to amorphous silicon (1.7 eV) and microcrystalline Silicon (1.1 eV) which is weall suited to solar cell.

• Increase in the installation of Solar System

The upsurge in the number of installation of solar system and BIPV (Building-Integrated Photovoltaics) further influence the growth of the micromorph (Tandem Cell Using A SiΜc Si) market. The increase in the demand of micromorph (Tandem Cell Using A SiΜc Si) due to rising need to decline the prices of solar cell modules are expected to drive the market growth.

Moreover, change in lifestyle, surge in investments, rapid urbanization, and augmented consumer spending positively impact the market's micromorph (Tandem Cell Using A SiΜc Si).

Opportunities

• Technological advancement

The recent technical advancements decreasing the cost of the production of micromorph (Tandem Cell Using A SiΜc Si) which prolong the beneficial opportunities to the major market players in forthcoming period. Furthermore, improvement in infrastructure development activities will further increase the growth of the micromorph (Tandem Cell Using A SiΜc Si) market.

Moreover, increasing the number of strategic collaborations and emerging new markets will act as market drivers and increase the beneficial opportunities for the market's growth rate.

Restraints/ Challenges

• Environmental concern

However, the negative impact of raw material on the environment which is used for the formation of micromorph (Tandem Cell Using A SiΜc Si) and the government stringent regulations regarding environment concern are expected to obstruct the growth of the micromorph (Tandem Cell Using A SiΜc Si) market.

• Lower productivity

The lower productivity of the micromorph (Tandem Cell Using A SiΜc Si) based solar cell compared to other substitutes might obstruct the growth of the global micromorph (Tandem Cell Using A SiΜc Si) market globally.

This micromorph (Tandem Cell Using A SiΜc Si) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Micromorph (Tandem Cell Using A SiΜc Si) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Micromorph (Tandem Cell Using A SiΜc Si) Market

The COVID-19 had a negative impact on the micromorph (Tandem Cell Using A SiΜc Si) market due to the strict social distancing and lockdowns to contain the widespread of the corona virus. The partial shutdown of the business, economic uncertainty and low consumer confidence has impacted the demand of the micromorph (Tandem Cell Using A SiΜc Si) technology. The supply chain got hindered during this pandemic along with the delay logistics activities. However, the micromorph (Tandem Cell Using A SiΜc Si) market is anticipated to recover its pace during the post pandemic scenario.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Micromorph (Tandem Cell Using A SiΜc Si) Market Scope

The micromorph (Tandem Cell Using A SiΜc Si) market is segmented on the basis of type, parameter, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Hybrid PSCs
• Flexible PSCs
• Multi-Junction PSCs

 Parameter

• Short-Circuit Current Density
• Open-Circuit Voltage
• Fill Factor FF

Application

• Smart Glass
• Solar Panel
• Perovskite in Tandem Solar Cells
• Portable Devices
• Utilities
• BIPV (Building-Integrated Photovoltaics)

 End User

• Manufacturing
• Energy
• Industrial Automation
• Aerospace
• Consumer Electronics

Micromorph (Tandem Cell Using A SiΜc Si) Market Regional Analysis/Insights

The micromorph (Tandem Cell Using A SiΜc Si) market is analysed and market size insights and trends are provided by country, type, parameter, application and end user as referenced above.

The countries covered in the micromorph (Tandem Cell Using A SiΜc Si)market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the micromorph (Tandem Cell Using A SiΜc Si) market in terms of market share during the forecast period. This is due to their high optical absorption and increasing power conversion efficiency in this region.

Asia-Pacific is projected to be the fastest developing region due to the adoption of advanced technology in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Micromorph (Tandem Cell Using A SiΜc Si) Market Share Analysis

The Micromorph (Tandem Cell Using A SiΜc Si) 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Micromorph (Tandem Cell Using A SiΜc Si) market.

Some of the major players operating in the Micromorph (Tandem Cell Using A SiΜc Si) market are:

• Greatcell (Australia)
• Exeger Operations AB (Sweden)
• Fujikura Europe Ltd. (U.K.)
• G24 Power Ltd. (U.K.)
• Konica Minolta Sensing Europe B.V. (Netherlands)
• Merck KGaA (Germany)
• Oxford PV (U.K.)
• Peccell Technologies, Inc. (Japan)
• Sharp Corporation (Japan)
• Solaronix SA (Switzerland)
• Sony Corporation (Japan)
• Ricoh (Japan)
• First Solar. (US)
• SunPower Corporation (U.S.)
• Suniva Inc (U.S.)
• Tata Power Solar Systems Ltd. (India)
• SHARP CORPORATION (Japan)
• ALPS Technology Inc. (U.S.)
• Solaris Technology Industry, Inc. (India)
• GREEN BRILLIANCE RENEWABLE ENERGY LLP (India)
• Trina Solar (China)
• Canadian Solar. (Canada)