Market Overview:
The global flexible PV cell market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the growing awareness about the benefits of using solar energy. In addition, technological advancements in PV cells are also contributing to the growth of this market. The global flexible PV cell market can be segmented on the basis of type, application, and region. On the basis of type, this market can be divided into CIGS, a-Si, OPV, and others. The CIGS segment is expected to account for a major share of this market during the forecast period owing to its high efficiency levels as compared to other types of PV cells. On the basis of application, this market can be classified into BIPV (building-integrated photovoltaics), transportation & mobility applications such as electric vehicles (EVs), defense & aerospace applications such as unmanned aerial vehicles (UAVs), consumer & portable power applications such as solar chargers/power banks/backpacks etc., and others including water pumping systems and street lighting systems among others).
Product Definition:
A Flexible PV Cell is a solar cell that can be bent and flexed without breaking. This makes them ideal for use in applications where traditional solar cells would not be feasible, such as on curved surfaces or in tight spaces.
CIGS:
CIGS is a type of thin-film solar technology that uses nanomaterials to convert sunlight into electricity. CIGS has the potential to provide higher efficiency as compared to amorphous silicon and crystalline silicon technologies, which makes it attractive for use in commercial-scale PV projects. The growing demand for renewable energy is expected to drive market growth over the forecast period.
a-Si:
A-Si is short for amorphous silicon and it is a type of semiconductor material that can be used in the fabrication of photovoltaic cells. It has several advantages over crystalline silicon such as lower cost, flexibility in design, and ease of manufacturing. A-Si has been gaining importance owing to its ability to absorb more energy than conventional Silicon technology at low cost per watt which makes it attractive for use in large scale power generation applications.
Application Insights:
The market is segmented by application into Building-integrated photovoltaics (BIPV), transportation and mobility, defense and aerospace, consumer and portable power, others. The building-integrated photovoltaics segment dominated the market in 2017 owing to rising awareness about the benefits of solar energy for residential as well as commercial applications. Increasing demand for renewable electricity due to growing concerns over greenhouse gas emissions has also driven growth in this segment.
The transportation & mobility application is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing government support towards promoting electric vehicles across various regions coupled with rising demand for flexible PV cells in this sector. In addition, high efficiency levels exhibited by these cells when compared with conventional diesel or gasoline powered vehicles are expected fuel their demand further over the forecast period.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The presence of large-scale solar power generation projects, along with supportive government policies, is projected to drive regional growth. For instance, China has set a target of installing 10 GW flexible PV capacity by 2020. Such government initiatives are anticipated to boost demand across Asia Pacific region during the forecast period.
North America was estimated as second-largest market in 2017 and is expected to grow at a significant rate over the forecast period owing to increasing investments from private players as well as governments across U.S.
Europe was estimated third-largest after Asia Pacific.
Growth Factors:
- Increasing demand for renewable energy: The growth in flexible PV cell market is majorly driven by the increasing demand for renewable energy across the globe. This is owing to the growing concerns over climate change and depleting fossil fuel reserves.
- Government initiatives and subsidies: Governments of various countries are providing incentives and subsidies to promote the use of renewable energy, which is aiding in the growth of flexible PV cell market.
- Declining prices of solar modules: The prices of solar modules have been declining steadily over the past few years, making solar power more affordable for consumers. This is benefiting the growth of flexible PV cell market worldwide.
- Technological advancements: Flexible PV cells are becoming more efficient with each new technological advancement, thus widening their scope across a number of applications segments..
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible PV Cell Market Research Report
By Type
CIGS, a-Si, OPV, Others
By Application
BIPV, Transportation & Mobility, Defense & Aerospace, Consumer & Portable Power, Others
By Companies
PowerFilm, Inc., Panasonic, infinityPV, Flisom, Sun Harmonics, F-WAVE Company, Heliatek GmbH, HyET Solar, Ascent Solar Technologies, Inc
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Flexible PV Cell Market Report Segments:
The global Flexible PV Cell market is segmented on the basis of:
Types
CIGS, a-Si, OPV, Others
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
BIPV, Transportation & Mobility, Defense & Aerospace, Consumer & Portable Power, 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:
- PowerFilm, Inc.
- Panasonic
- infinityPV
- Flisom
- Sun Harmonics
- F-WAVE Company
- Heliatek GmbH
- HyET Solar
- Ascent Solar Technologies, Inc
Highlights of The Flexible PV 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:
- CIGS
- a-Si
- OPV
- Others
- By Application:
- BIPV
- Transportation & Mobility
- Defense & Aerospace
- Consumer & Portable Power
- 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 PV 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
- Business Expansion Strategies
- 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 PV cell is a type of solar cell that can be rolled up or bent into any shape to maximize its surface area. This makes it easier to fit onto smaller roofs or other locations where space is limited.
Some of the key players operating in the flexible pv cell market are PowerFilm, Inc., Panasonic, infinityPV, Flisom, Sun Harmonics, F-WAVE Company, Heliatek GmbH, HyET Solar, Ascent Solar Technologies, Inc.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible PV Cell Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible PV Cell Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible PV Cell Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible PV Cell Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible PV Cell Market Size & Forecast, 2020-2028
4.5.1 Flexible PV Cell Market Size and Y-o-Y Growth
4.5.2 Flexible PV Cell Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CIGS
5.2.2 a-Si
5.2.3 OPV
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 BIPV
6.2.2 Transportation & Mobility
6.2.3 Defense & Aerospace
6.2.4 Consumer & Portable Power
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible PV Cell Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible PV Cell Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CIGS
9.6.2 a-Si
9.6.3 OPV
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 BIPV
9.10.2 Transportation & Mobility
9.10.3 Defense & Aerospace
9.10.4 Consumer & Portable Power
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CIGS
10.6.2 a-Si
10.6.3 OPV
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 BIPV
10.10.2 Transportation & Mobility
10.10.3 Defense & Aerospace
10.10.4 Consumer & Portable Power
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CIGS
11.6.2 a-Si
11.6.3 OPV
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 BIPV
11.10.2 Transportation & Mobility
11.10.3 Defense & Aerospace
11.10.4 Consumer & Portable Power
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CIGS
12.6.2 a-Si
12.6.3 OPV
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 BIPV
12.10.2 Transportation & Mobility
12.10.3 Defense & Aerospace
12.10.4 Consumer & Portable Power
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CIGS
13.6.2 a-Si
13.6.3 OPV
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 BIPV
13.10.2 Transportation & Mobility
13.10.3 Defense & Aerospace
13.10.4 Consumer & Portable Power
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible PV Cell Market: Competitive Dashboard
14.2 Global Flexible PV Cell Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PowerFilm, Inc.
14.3.2 Panasonic
14.3.3 infinityPV
14.3.4 Flisom
14.3.5 Sun Harmonics
14.3.6 F-WAVE Company
14.3.7 Heliatek GmbH
14.3.8 HyET Solar
14.3.9 Ascent Solar Technologies, Inc
