A flexible PV cell, also known as a fragile film sun orientated cell, is manufactured by storing ultra-thin layers of photovoltaic material on a substrate like as paper, tissue, plastic, glass, or metal. In the solar energy business, it is one of the most groundbreaking and game-changing innovations. The term flexible refers to the fact that these solar cells are not like the usual large, bulky solar panels but are very thin, lightweight, and can be mounted almost anyplace.
MARKET DYNAMICS
Nations all over the world are developing new technologies to mitigate environmental change considering plans to reduce nursery emissions in the next few years. The United States must increase its solar-based energy percentage of total power generation from 2% in 2018 to 20% by 2030. Polymer solar cells may eventually supersede existing silicon PV technology due to their faster turn-around time and mechanical advantages over silicon PV, particularly in developed countries where new technology adoption is faster than in agricultural countries. These factors are contributing to the growth of the market.
MARKET SCOPE
The "Global Flexible PV Cell Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The flexible PV cell market report aims to provide an overview of the flexible PV cell market with detailed market segmentation by type, material, application, and geography. The global flexible PV cell market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flexible PV cell market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global flexible PV cell market is segmented based on type, material, application. Based on the type, the flexible PV cell market is segmented into CIGS, a-Si, OPV. Based on the material, the flexible PV cell market is segmented into copper indium, gallium selenide, and crystalline silicon. Based on application, the flexible PV cell market is segmented into automotive and transportation, aerospace and defense, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global flexible PV cell market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The flexible PV cell market by each region is later sub-segmented by respective countries and segments. The flexible PV cell market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the flexible PV cell market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the flexible PV cell market in these regions.
IMPACT OF COVID-19 ON FLEXIBLE PV CELL MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a negative impact on the flexible PV cell market. The sudden on-set of the pandemic let to several temporary shutdowns of end-use industries across the globe leading to an adverse impact on the demand for flexible PV cell. Similarly, the supply side of the market was also impacted owing to low labor availability and supply chain disruptions, thereby negatively impacting the market growth in 2020.
MARKET PLAYERS
The reports cover key developments in the flexible PV cell market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from flexible PV cell market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the flexible PV cell market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the flexible PV cell market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- PowerFilm Inc.
- Panasonic Corporation
- infinityPV
- FLISOM
- SunHarmonics
- F-WAVE Company Limited
- Heliatek GmbH
- HyET Group
- Ascent Solar Technologies, Inc.
- SOLBIAN.