Market Overview:
The global flexible solar cell market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy sources and rising awareness about the benefits of using solar cells. In terms of type, copper indium gallium selenide (CIGS) is expected to be the fastest-growing segment during the forecast period. This can be attributed to its high efficiency and low cost as compared to other types of solar cells. In terms of application, commercial applications are expected to account for a major share in the global flexible solar cell market during the forecast period. This can be attributed to increasing investments by companies in this sector across different regions.
Product Definition:
A flexible solar cell is a photovoltaic (PV) module made of thin film solar cells that are bendable and can be installed on curved surfaces such as roofs, car windows, laptop cases or backpacks. Flexible solar cells are important because they make it possible to generate renewable energy in places where traditional solar panels can't be installed, such as on curved roofs or in shaded areas.
Copper Indium Gallium Selenide (CIGS):
Copper indium gallium selenide (CIGS) is a photovoltaic material, which absorbs solar rays and converts them to electricity. It has the ability to generate power even under cloudy conditions. CIGS cells are thin compared to conventional silicon cells; they have high internal quantum efficiency and low weight owing to which these cells can be easily installed on flexible substrates such as plastic or glass.
Amorphous Silicon (a-Si):
Amorphous silicon (a-Si) is a type of Silicon semiconductor that possesses no preferred orientation. Amorphous silicon was first produced by Japanese researchers at the University of Tokyo in 1970s, and since then it has been extensively studied by scientists worldwide. The primary motivation for studying this material was its potential to be used as an alternative to crystalline silicon in solar cells; however, research on this material has continued even after the commercialization of crystalline silicon technology.
Application Insights:
The others application segment includes the automotive and industrial applications. The commercial application segment accounted for a share of over 70% in 2017. The growth can be attributed to the growing demand from solar panels on buildings, which are used to power streetlights and illuminate indoor areas.
The residential sector is expected to witness significant growth over the forecast period owing to increasing government support for promoting renewable energy sources, such as solar photovoltaic or flexible cells that generate electricity, thereby reducing carbon footprint. In addition, improving living conditions in emerging countries along with rising disposable income levels will boost product demand in this sector significantly over the coming years.
Flexible cells have several advantages including ease of installation and maintenance coupled with low impact on aesthetics when compared with conventional rigid crystalline silicon panels used in roofs for generating electricity traditionally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2017 owing to high product demand from countries, such as Japan, South Korea, China, and India. In addition, favorable government policies promoting investments through subsidies and other financial aids are anticipated to drive regional growth over the forecast period.
The European market is projected to witness significant growth during the forecast years on account of increasing R&D activities by various organizations focusing on CIGS technology development coupled with rising adoption across several end-use industries including photovoltaic energy generation. Moreover, growing awareness regarding environment-friendly renewable energy sources among consumers will further propel flexible solar cell demand in Europe during the estimated time span.
North America was valued at USD X million in 2017 owing to presence of prominent players operating within U.S.
Growth Factors:
- Increasing demand from the electrical and electronics sector: The flexible solar cell market is expected to grow at a high rate due to the increasing demand from the electrical and electronics sector. This is because of the advantages offered by these cells, such as light weight, easy installation, and low maintenance cost.
- Rising awareness about renewable energy: There has been a rise in awareness about renewable energy in recent years, which is benefiting the flexible solar cell market. This is because consumers are now looking for ways to reduce their dependence on traditional sources of energy such as fossil fuels.
- Technological advancements: Flexible solar cells are becoming more efficient with each passing day due to technological advancements. This is resulting in an increase in their adoption across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Solar Cell Market Research Report
By Type
Copper Indium Gallium Selenide (CIGS), Amorphous Silicon (a-Si)
By Application
Commercial, Residential, Mobile, Others
By Companies
Uni-Solar, MiaSolé, Global Solar, SoloPower Systems, Flisom, Sun Harmonics, FWAVE Company, PowerFilm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Solar Cell Market Report Segments:
The global Flexible Solar Cell market is segmented on the basis of:
Types
Copper Indium Gallium Selenide (CIGS), Amorphous Silicon (a-Si)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Mobile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Uni-Solar
- MiaSolé
- Global Solar
- SoloPower Systems
- Flisom
- Sun Harmonics
- FWAVE Company
- PowerFilm
Highlights of The Flexible Solar Cell Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper Indium Gallium Selenide (CIGS)
- Amorphous Silicon (a-Si)
- By Application:
- Commercial
- Residential
- Mobile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Solar Cell Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flexible solar cell is a type of solar cell that can be bent, folded or rolled up to fit into small spaces. This makes them ideal for applications such as portable electronics and wearable devices.
Some of the key players operating in the flexible solar cell market are Uni-Solar, MiaSolƒÂ©, Global Solar, SoloPower Systems, Flisom, Sun Harmonics, FWAVE Company, PowerFilm.
The flexible solar cell market is expected to grow at a compound annual growth rate of 16%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flexible Solar Cell Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flexible Solar Cell Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flexible Solar Cell Market - Supply Chain
4.5. Global Flexible Solar Cell Market Forecast
4.5.1. Flexible Solar Cell Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flexible Solar Cell Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flexible Solar Cell Market Absolute $ Opportunity
5. Global Flexible Solar Cell Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flexible Solar Cell Market Size and Volume Forecast by Type
5.3.1. Copper Indium Gallium Selenide (CIGS)
5.3.2. Amorphous Silicon (a-Si)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flexible Solar Cell Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flexible Solar Cell Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.3.3. Mobile
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flexible Solar Cell Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flexible Solar Cell Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flexible Solar Cell Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flexible Solar Cell Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flexible Solar Cell Demand Share Forecast, 2019-2026
9. North America Flexible Solar Cell Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flexible Solar Cell Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flexible Solar Cell Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.4.3. Mobile
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flexible Solar Cell Market Size and Volume Forecast by Type
9.7.1. Copper Indium Gallium Selenide (CIGS)
9.7.2. Amorphous Silicon (a-Si)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flexible Solar Cell Demand Share Forecast, 2019-2026
10. Latin America Flexible Solar Cell Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flexible Solar Cell Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flexible Solar Cell Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.4.3. Mobile
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flexible Solar Cell Market Size and Volume Forecast by Type
10.7.1. Copper Indium Gallium Selenide (CIGS)
10.7.2. Amorphous Silicon (a-Si)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flexible Solar Cell Demand Share Forecast, 2019-2026
11. Europe Flexible Solar Cell Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flexible Solar Cell Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flexible Solar Cell Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.4.3. Mobile
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flexible Solar Cell Market Size and Volume Forecast by Type
11.7.1. Copper Indium Gallium Selenide (CIGS)
11.7.2. Amorphous Silicon (a-Si)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flexible Solar Cell Demand Share, 2019-2026
12. Asia Pacific Flexible Solar Cell Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flexible Solar Cell Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flexible Solar Cell Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.4.3. Mobile
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flexible Solar Cell Market Size and Volume Forecast by Type
12.7.1. Copper Indium Gallium Selenide (CIGS)
12.7.2. Amorphous Silicon (a-Si)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flexible Solar Cell Demand Share, 2019-2026
13. Middle East & Africa Flexible Solar Cell Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flexible Solar Cell Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flexible Solar Cell Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.4.3. Mobile
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flexible Solar Cell Market Size and Volume Forecast by Type
13.7.1. Copper Indium Gallium Selenide (CIGS)
13.7.2. Amorphous Silicon (a-Si)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flexible Solar Cell Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flexible Solar Cell Market: Market Share Analysis
14.2. Flexible Solar Cell Distributors and Customers
14.3. Flexible Solar Cell Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Uni-Solar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MiaSolé
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Global Solar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SoloPower Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Flisom
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sun Harmonics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FWAVE Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PowerFilm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
