Short Description
Global Organic Solar Cell (OPV) Market By Type (Bilayer Membrane Heterojunction, Schottky Type, and Others), Material (Polymer and Small Molecules), Application (BIPV & Architecture, Consumer Electronics, Wearable Devices, Automotive, Military & Device, and Others), Physical Size (More Than 140*100 Mm Square and Less Than 140*100 Mm Square), End User (Commercial, Industrial, Residential, and Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa) Industry Trends and Forecast to 2030.
Market Definition
Organic solar cells or organic photovoltaics refer to multilayer photovoltaic devices made with organic compounds, converting solar energy into electricity. An organic solar cell is manufactured using carbon-based material and organic electronics instead of silicon as a semiconductor. Organic cells may also be referred to as plastic solar cells or polymer solar cells; compared to crystalline silicon solar cells, organic solar cells are made from compounds that can be dissolved in ink and printed onto plastics. This gives the organic solar cells the attribute of flexibility, lightweight and easy incorporation in places or structures, among others.
Organic solar cell technology is still developing. The power conversion efficiency of the organic solar cell does not match the efficiencies achieved by inorganic silicon solar cells. But the OPVs showcase a wide range of potential applications, and it might not be long before they become the commonly used technology. OPVs are easy to manufacture compared to inorganic solar cells and cheap to produce, and physically versatile. The working principle of organic solar cells is just like that of monocrystalline and polycrystalline silicon solar cells. They generate electricity through the photovoltaic effect in three simple steps, such as:
Electrons are knocked loose from the semiconducting polymer material when light is absorbed
The flow of the loose electrons constitutes an electric current
The current is captured and transferred to wires
The OPVs versatility can be attributed to the diversity of organic materials designed and synthesized for the absorber, acceptor, and interfaces. Organic solar cells find applications in automotive, rooftop panels, building-integrated photovoltaics (BIPV), consumer electronics, and others.
Market Segmentation
The global organic solar cell (OPV) market is segmented into five notable segments, which are based on type, material, application, physical size, and end user.
On the basis of type, the global organic solar cell (OPV) market is segmented into bilayer membrane heterojunction, schottky type, and others
On the basis of material, the global organic solar cell (OPV) market is segmented into the polymer and small molecules
On the basis of application, the global organic solar cell (OPV) market is segmented into BIPV & architecture, consumer electronics, wearable devices, automotive, military & device, and others
On the basis of physical size, the global organic solar cell (OPV) market is segmented as more than 140*100 mm square and less than 140*100 mm square
On the basis of end user, the global organic solar cell (OPV) market is segmented into commercial, industrial, residential, and others
Market Players
Some of the major players operating in the global organic solar cell (OPV) market are:
Eni S.p.A
Ningbo Polycrown Solar Tech Co, Ltd
SHIFENG TECHNOLOGY CO., LTD.
Solaris Chem Inc.
TOSHIBA CORPORATION
Tokyo Chemicals Industry UK Ltd
Heliatek
MORESCO Corporation
NanoFlex Power Corporation
Novaled GmbH
ARMOR
Alfa Aesar, Thermo Fisher Scientific
Solarmer Energy Inc.
SUNEW
Epishine
Lumtec
Borun New Material Technology Co., Ltd
Flask
Merck KGaA
TABLE OF CONTENTS
1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 OVERVIEW OF THE GLOBAL ORGANIC SOLAR CELL (OPV) MARKET 32
1.4 LIMITATIONS 34
1.5 MARKETS COVERED 34
2 MARKET SEGMENTATION 38
2.1 MARKETS COVERED 38
2.2 GEOGRAPHICAL SCOPE 39
2.3 YEARS CONSIDERED FOR THE STUDY 40
2.4 CURRENCY AND PRICING 40
2.5 DBMR TRIPOD DATA VALIDATION MODEL 41
2.6 TYPE LIFE LINE CURVE 44
2.7 MULTIVARIATE MODELING 45
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 46
2.9 DBMR MARKET POSITION GRID 48
2.10 MARKET END USER COVERAGE GRID 49
2.11 DBMR MARKET CHALLENGE MATRIX 50
2.12 DBMR VENDOR SHARE ANALYSIS 51
2.13 IMPORT-EXPORT DATA 52
2.14 SECONDARY SOURCES 53
2.15 ASSUMPTIONS 54
3 EXECUTIVE SUMMARY 55
4 PREMIUM INSIGHTS 58
5 MARKET OVERVIEW 60
5.1 DRIVERS 62
5.1.1 INCREASING AWARENESS TOWARDS THE USE OF RENEWABLE ENERGY FOR POWER GENERATION 62
5.1.2 SURGE IN DEMAND FOR BUILDING INTEGRATED PHOTOVOLTAIC PRODUCTS (BIPV) 62
5.1.3 GOVERNMENT INITIATIVES AND TAX BENEFITS FOR THE APPLICATION OF ALTERNATE ENERGY RESOURCE 63
5.1.4 ADVANTAGES OF OPVS OVER SILICON SOLAR CELLS AND SIMPLICITY IN THE MANUFACTURING PROCESS 63
5.1.5 INCREASING SOLAR ADOPTION IN RESIDENTIAL AREAS 64
5.2 RESTRAINTS 65
5.2.1 HIGHER SETUP COST OF OPV SYSTEMS 65
5.2.2 CUSTOM TARIFFS OVER SOLAR PANELS AND SOLAR CELLS BY MULTIPLE GOVERNMENTS 65
5.3 OPPORTUNITIES 66
5.3.1 INCREASING APPLICATIONS IN DIY PROJECTS AND GADGETS 66
5.3.2 INCREASING GOVERNMENT FOCUS ON CLIMATE CHANGE 66
5.3.3 INCREASING FOCUS ON THE DEVELOPMENT OF TANDEM ORGANIC CELLS 67
5.3.4 EMERGING INDOOR PHOTOVOLTAIC TECHNOLOGIES FOR SUSTAINABLE INTERNET OF THINGS 67
5.4 CHALLENGES 68
5.4.1 LOW-EFFICIENCY RATES OF ORGANIC SOLAR CELLS 68
5.4.2 STABILITY PROBLEMS IN ORGANIC SOLAR CELL 69
6 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY TYPE 70
6.1 OVERVIEW 71
6.2 BILAYER MEMBRANE HETEROJUNCTION 72
6.3 SCHOTTKY TYPE 72
6.4 OTHERS 73
7 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY MATERIAL 74
7.1 OVERVIEW 75
7.2 POLYMER 76
7.3 SMALL MOLECULES 76
8 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY APPLICATION 77
8.1 OVERVIEW 78
8.2 BIPV & ARCHITECTURE 79
8.3 CONSUMER ELECTRONICS 80
8.4 WEARABLE DEVICES 80
8.5 AUTOMOTIVE 81
8.6 MILITARY & DEVICE 81
8.7 OTHERS 82
9 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY PHYSICAL SIZE 83
9.1 OVERVIEW 84
9.2 MORE THAN 140*100 MM SQUARE 85
9.3 LESS THAN 140*100 MM SQUARE 85
10 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY END USER 86
10.1 OVERVIEW 87
10.2 COMMERCIAL 88
10.2.1 COMMERCIAL, BY COMMERCIAL TYPE 88
10.2.1.1 PUBLIC INSTITUTIONS 88
10.2.1.2 GOVERNMENT AGENCIES 88
10.2.1.3 RESEARCH INSTITUTIONS 89
10.2.1.4 OTHERS 89
10.2.2 COMMERCIAL, BY TYPE 89
10.2.2.1 BILAYER MEMBRANE HETEROJUNCTION 89
10.2.2.2 SCHOTTKY TYPE 89
10.2.2.3 OTHERS 89
10.3 INDUSTRIAL 90
10.3.1 INDUSTRIAL, BY TYPE 90
10.3.1.1 BILAYER MEMBRANE HETEROJUNCTION 90
10.3.1.2 SCHOTTKY TYPE 90
10.3.1.3 OTHERS 90
10.4 RESIDENTIAL 91
10.4.1 RESIDENTIAL, BY TYPE 91
10.4.1.1 BILAYER MEMBRANE HETEROJUNCTION 91
10.4.1.2 SCHOTTKY TYPE 91
10.4.1.3 OTHERS 91
10.5 OTHERS 92
11 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET, BY REGION 93
11.1 OVERVIEW 94
11.2 ASIA-PACIFIC 99
11.2.1 CHINA 106
11.2.2 JAPAN 109
11.2.3 SOUTH KOREA 112
11.2.4 INDIA 115
11.2.5 AUSTRALIA 118
11.2.6 INDONESIA 121
11.2.7 THAILAND 124
11.2.8 PHILIPPINES 127
11.2.9 MALAYSIA 130
11.2.10 SINGAPORE 133
11.2.11 REST OF ASIA-PACIFIC 136
11.3 EUROPE 137
11.3.1 GERMANY 144
11.3.2 ITALY 147
11.3.3 U.K. 150
11.3.4 FRANCE 153
11.3.5 SPAIN 156
11.3.6 NETHERLANDS 159
11.3.7 BELGIUM 162
11.3.8 TURKEY 165
11.3.9 SWITZERLAND 168
11.3.10 RUSSIA 171
11.3.11 REST OF EUROPE 174
11.4 NORTH AMERICA 175
11.4.1 U.S. 182
11.4.2 CANADA 185
11.4.3 MEXICO 188
11.5 MIDDLE EAST AND AFRICA 191
11.5.1 U.A.E 198
11.5.2 SAUDI ARABIA 201
11.5.3 SOUTH AFRICA 204
11.5.4 ISRAEL 207
11.5.5 EGYPT 210
11.5.6 REST OF MIDDLE EAST AND AFRICA 213
11.6 SOUTH AMERICA 214
11.6.1 BRAZIL 221
11.6.2 CHILE 224
11.6.3 ARGENTINA 227
11.6.4 PERU 230
11.6.5 COLOMBIA 233
11.6.6 ECUADOR 236
11.6.7 VENEZUELA 239
11.6.8 REST OF SOUTH AMERICA 242
12 GLOBAL ORGANIC SOLAR CELL (OPV) MARKET: COMPANY LANDSCAPE 243
12.1 COMPANY SHARE ANALYSIS: GLOBAL 243
12.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 244
12.3 COMPANY SHARE ANALYSIS: EUROPE 245
12.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 246
12.5 BUSINESS ACQUISITION & EXPANSION 247
12.6 COLLABORATION & PARTNERSHIP 247
12.7 ACQUISITION 248
12.8 AGREEMENT & CERTIFICATION 249
12.9 RECOGNITION & PRODUCT LAUNCH 249
13 SWOT ANALYSIS 250
14 COMPANY PROFILES 251
14.1 ENI SPA (2022) 251
14.1.1 COMPANY SNAPSHOT 251
14.1.2 REVENUE ANALYSIS 251
14.1.3 COMPANY SHARE ANALYSIS 252
14.1.4 PRODUCT PORTFOLIO 252
14.1.5 RECENT DEVELOPMENT 252
14.2 TOSHIBA CORPORATION (2022) 253
14.2.1 COMPANY SNAPSHOT 253
14.2.2 REVENUE ANALYSIS 253
14.2.3 COMPANY SHARE ANALYSIS 254
14.2.4 PRODUCT PORTFOLIO 254
14.2.5 RECENT DEVELOPMENT 254
14.3 ARMOR 255
14.3.1 COMPANY SNAPSHOT 255
14.3.2 COMPANY SHARE ANALYSIS 255
14.3.3 PRODUCT PORTFOLIO 256
14.3.4 RECENT DEVELOPMENTS 256
14.4 TOKYO CHEMICAL INDUSTRY CO., LTD. 257
14.4.1 COMPANY SNAPSHOT 257
14.4.2 COMPANY SHARE ANALYSIS 257
14.4.3 PRODUCT PORTFOLIO 258
14.4.4 RECENT DEVELOPMENT 258
14.5 MERCK KGAA (2022) 259
14.5.1 COMPANY SNAPSHOT 259
14.5.2 REVENUE ANALYSIS 259
14.5.3 COMPANY SHARE ANALYSIS 260
14.5.4 PRODUCT PORTFOLIO 260
14.5.5 RECENT DEVELOPMENTS 260
14.6 ALFA AESAR, THERMO FISHER SCIENTIFIC. 261
14.6.1 COMPANY SNAPSHOT 261
14.6.2 PRODUCT PORTFOLIO 261
14.6.3 RECENT DEVELOPMENT 262
14.7 BORUN NEW MATERIAL TECHNOLOGY CO., LTD. 263
14.7.1 COMPANY SNAPSHOT 263
14.7.2 PRODUCT PORTFOLIO 263
14.7.3 RECENT DEVELOPMENT 263
14.8 EPISHINE 264
14.8.1 COMPANY SNAPSHOT 264
14.8.2 PRODUCT PORTFOLIO 264
14.8.3 RECENT DEVELOPMENT 264
14.9 FLASK 265
14.9.1 COMPANY SNAPSHOT 265
14.9.2 PRODUCT PORTFOLIO 265
14.9.3 RECENT DEVELOPMENT 265
14.10 HELIATEK 266
14.10.1 COMPANY SNAPSHOT 266
14.10.2 PRODUCT PORTFOLIO 266
14.10.3 RECENT DEVELOPMENTS 266
14.11 LUMTEC 267
14.11.1 COMPANY SNAPSHOT 267
14.11.2 PRODUCT PORTFOLIO 267
14.11.3 RECENT DEVELOPMENT 267
14.12 MORESCO CORPORATION (2022) 268
14.12.1 COMPANY SNAPSHOT 268
14.12.2 REVENUE ANALYSIS 269
14.12.3 PRODUCT PORTFOLIO 269
14.12.4 RECENT DEVELOPMENT 269
14.13 NANOFLEX POWER CORPORATION (2022) 270
14.13.1 COMPANY SNAPSHOT 270
14.13.2 PRODUCT PORTFOLIO 270
14.13.3 RECENT DEVELOPMENT 270
14.14 NINGBO POLYCROWN SOLAR TECH CO, LTD 271
14.14.1 COMPANY SNAPSHOT 271
14.14.2 PRODUCT PORTFOLIO 271
14.14.3 RECENT DEVELOPMENT 272
14.15 NOVALED GMBH 273
14.15.1 COMPANY SNAPSHOT 273
14.15.2 PRODUCT PORTFOLIO 273
14.15.3 RECENT DEVELOPMENT 273
14.16 SHIFENG TECHNOLOGY CO., LTD. 274
14.16.1 COMPANY SNAPSHOT 274
14.16.2 PRODUCT PORTFOLIO 274
14.16.3 RECENT DEVELOPMENT 274
14.17 SOLARIS CHEM INC. 275
14.17.1 COMPANY SNAPSHOT 275
14.17.2 PRODUCT PORTFOLIO 275
14.17.3 RECENT DEVELOPMENTS 276
14.18 SOLARMER ORGANIC OPTOELECTRONICS TECHNOLOGY (BEIJING) CO., LTD. 277
14.18.1 COMPANY SNAPSHOT 277
14.18.2 PRODUCT PORTFOLIO 277
14.18.3 RECENT DEVELOPMENT 278
14.19 SUNEW 279
14.19.1 COMPANY SNAPSHOT 279
14.19.2 PRODUCT PORTFOLIO 279
14.19.3 RECENT DEVELOPMENTS 279
15 QUESTIONNAIRE 280
16 RELATED REPORTS 283