Global Perovskite Solar Cell Market Overview
According to SPER Market Research, the Global Perovskite Solar Cell Market is estimated to reach USD 11.84 billion by 2032 with a CAGR of 32.64%.
The perovskite-structured material serves as the active layer in perovskite solar cells (PSCs), which are based on solutions that have undergone tin or halide processing. Excellent light absorption, charge-carrier mobilities, and lifetimes provided by perovskite materials lead to high device efficiencies and the potential for a low-cost, commercially viable technology. Due to their extremely high-power conversion efficiency, perovskite solar cells (PSCs) are the newer generation of photovoltaic technologies that are being researched the most (PCE). Increasing environmental concerns about carbon emission reduction, rising number of applications in various industries, rising demand for flexible and lightweight solar cells, and the prevalence of alternative energy sources are some of the factors anticipated to propel the growth of the perovskite solar cell market over the course of the forecast period. Increasing R&D activities and technical advancements can also improve various opportunities, leading to the market's growth over the course of the projection year. The inclusion of harmful materials and high product costs, however, could limit market expansion throughout the anticipated timeframe. These are some of the global market trends for perovskite solar cells.
Impact of COVID-19 on the Global Perovskite Solar Cell Market
The World Health Organization has classified COVID-19 as a public health emergency as it has spread to numerous nations. Germany, France, Italy, Spain, the UK, and Norway are a few of the main economies affected by the COVID-19 crisis. Supplements, cosmetics, industrial, and personal care products are the main industries that use perovskite solar cells. As a result of the suspension of various businesses, particularly transportation and supply chains, the economy has suffered in several nations. Due to the lockout, there has been no development, which has hampered demand for the product. During the COVID-19 pandemic, it is anticipated that the industry's expansion will be hampered by the demand-supply mismatch, problems obtaining raw materials, and price instability. The COVID-19 epidemic has had a detrimental effect on the manufacturing and industrial sectors due to a lack of resources in various parts of the world. The leading companies in the sector are reevaluating their strategy to tackle the challenge since they are worried about the market's prospects.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Structure, By Product, By Technology, By Application, By End User |
| Regions covered | Asia Pacific, Europe, Middle East and Africa,North America, Latin America |
| Companies Covered | Dyesol, FlexLink Systems Inc., Fraunhofer ISE, FrontMaterials Co. Ltd., New Energy Technologies Inc, Oxford Photovoltaics, Polyera Corporation, Saule Technologies, Solaronix SA, Xiamen Weihua Solar Co. Ltd. |
Target Audience-
- Aerospace & Defense
- Commercial
- Industrial
- Residential
- Utility
Global Perovskite Solar Cell Market Segmentation:
1. By Type:
- Hybrid Perovskite Solar Cell
- Multi-Junction Perovskite Solar Cell
2. By Structure:
- Mesoporous Solar Cell
- Planar Perovskite Solar Cell
3. By Product:
- Rigid Perovskite Solar cell
- Flexible Perovskite Solar cell
4. By Technology:
- One-Step Method
- Thermal Vapor Deposition Method
- Two-Step Method
5. By Application:
- Building-Integrated Photovoltaics
- Smart Glass
- Solar Panel
- Others
6. By End User:
- Aerospace & Defense
- Commercial
- Industrial
- Residential
- Utility
7. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report
- Size of Global Perovskite Solar Cell Market (FY’2019-FY’2032)
- Overview of Global Perovskite Solar Cell Market
- Segmentation of Global Perovskite Solar Cell Market By Type (Hybrid Perovskite Solar Cell, Multi-Junction Perovskite Solar Cell)
- Segmentation of Global Veterinary Reference Laboratory Market By Structure (Mesoporous Solar Cell, Planar Perovskite Solar Cell)
- Segmentation of Global Perovskite Solar Cell Market By Product (Rigid Perovskite Solar cell, Flexible Perovskite Solar cell)
- Segmentation of Global Perovskite Solar Cell Market By Technology (One-Step Method, Thermal Vapor Deposition Method, Two-Step Method, Vapor-Assisted Solution Method)
- Segmentation of Global Perovskite Solar Cell Market By Application (Building-Integrated Photovoltaics, Smart Glass, Solar Panel, Others)
- Segmentation of Global Perovskite Solar Cell Market By End User (Aerospace & Defense, Commercial, Industrial, Residential, Utility)
- Statistical Snap of Global Perovskite Solar Cell Market
- Growth Analysis of Global Perovskite Solar Cell Market
- Problems and Challenges in Global Perovskite Solar Cell Market
- Competitive Landscape in the Global Perovskite Solar Cell Market
- Impact of COVID-19 and Demonetization on Global Perovskite Solar Cell Market
- Details on Recent Investment in Global Perovskite Solar Cell Market
- Competitive Analysis of Global Perovskite Solar Cell Market
- Major Players in the Global Perovskite Solar Cell Market
- SWOT Analysis of Global Perovskite Solar Cell Market
- Global Perovskite Solar Cell Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Perovskite Solar Cell Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Perovskite Solar Cell Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Perovskite Solar Cell Market
7. Global Perovskite Solar Cell Market, By Type, 2019-2032 (USD Million)
7.1 Hybrid Perovskite Solar Cell
7.2 Multi-Junction Perovskite Solar Cell
8. Global Perovskite Solar Cell Market, By Structure, 2019-2032 (USD Million)
8.1 Mesoporous Solar Cell
8.2 Planar Perovskite Solar Cell
9. Global Perovskite Solar Cell Market, By Product, 2019-2032 (USD Million)
9.1 Rigid Perovskite Solar cell
9.2 Flexible Perovskite Solar cell
10. Global Perovskite Solar Cell Market, By Technology, 2019-2032 (USD Million)
10.1 One-Step Method
10.2 Thermal Vapor Deposition Method
10.3 Two-Step Method
10.4 Vapor-Assisted Solution Method
11. Global Menstrual Cup Market, By Application, 2019-2032 (USD Million)
11.1 Building-Integrated Photovoltaics
11.2 Smart Glass
11.3 Solar Panel
11.4 Others
12. Global Menstrual Cup Market, By End User, 2019-2032 (USD Million)
12.1 Aerospace & Defense
12.2 Commercial
12.3 Industrial
12.4 Residential
12.5 Utility
13. Global Perovskite Solar Cell Market, By Region, 2019-2032 (USD Million)
13.1 Global Perovskite Solar Cell Size and Market Share by Region (2019-2025)
13.2 Global Perovskite Solar Cell Size and Market Share by Region (2026-2032)
13.3 Asia-Pacific
13.3.1 Australia
13.3.2 China
13.3.3 India
13.3.4 Japan
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4 Europe
13.4.1 France
13.4.2 Germany
13.4.3 Italy
13.4.4 Spain
13.4.5 United Kingdom
13.4.6 Rest of Europe
13.5 Middle East & Africa
13.5.1 Kingdom of Saudi Arabia
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa
13.6 North America
13.6.1 Canada
13.6.2 Mexico
13.6.3 United States
13.7 Latin America
13.7.1 Argentina
13.7.2 Brazil
13.7.3 Rest of Latin America
14. Company Profiles
14.1 Dyesol
14.1.1 Company details
14.1.2 Financial outlook
14.1.3 Product summary
14.1.4 Recent developments
14.2 FlexLink Systems Inc.
14.2.1 Company details
14.2.2 Financial outlook
14.2.3 Product summary
14.2.4 Recent developments
14.3 Fraunhofer ISE
14.3.1 Company details
14.3.2 Financial outlook
14.3.3 Product summary
14.3.4 Recent developments
14.4 FrontMaterials Co. Ltd.
14.4.1 Company details
14.4.2 Financial outlook
14.4.3 Product summary
14.4.4 Recent developments
14.5 New Energy Technologies Inc
14.5.1 Company details
14.5.2 Financial outlook
14.5.3 Product summary
14.5.4 Recent developments
14.6 Oxford Photovoltaics
14.6.1 Company details
14.6.2 Financial outlook
14.6.3 Product summary
14.6.4 Recent developments
14.7 Polyera Corporation
14.7.1 Company details
14.7.2 Financial outlook
14.7.3 Product summary
14.7.4 Recent development
14.8 Saule Technologies
14.8.1 Company details
14.8.2 Financial outlook
14.8.3 Product summary
14.8.4 Recent developments
14.9 Solaronix SA
14.9.1 Company details
14.9.2 Financial outlook
14.9.3 Product summary
14.9.4 Recent developments
14.10 Xiamen Weihua Solar Co. Ltd.
14.10.1 Company details
14.10.2 Financial outlook
14.10.3 Product summary
14.10.4 Recent developments
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
