Printable solar cells market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. The growth of global printable solar cells can be attributed to factors such as a rise in global electricity demand, expansion of the global solar industry, and growing investment in research and development in printable solar cell technology. For instance, in January 2022, Ascent Solar Technologies, Inc., a developer, and producer of lightweight, flexible thin-film photovoltaic (PV) solutions, confirmed that the company has been appointed by Momentus, Inc., to produce specialized flexible CIGS PV modules for a demonstration deployable PV array. in February 2021, Epishine launched the “light cell”, a thin and flexible organic solar cell that can be integrated into sensors, consumer electronics, and other low-power devices to reduce or eliminate the need for batteries. The light cells from Epishine are non-toxic, based on organic electronics, and are encapsulated in recyclable plastic. The entire manufacturing process of the cell is based on various techniques of flexibly printed electronics and the thin, light design with a thickness of only 0.2 mm can easily be integrated into typical electronics housings based on plastic.
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The global printable solar cells market is segmented based on its technology, installation, and application. Based on its technology, the market is segmented into bulk heterojunction solar cells, and dye-sensitized solar cells (DSSC). Based on the installation, the market is categorized into roof-mount, ground mount, portable, and other. Further, based on the application, the market is segmented into residential commercial, and industrial. Among the application, the residential segment is anticipated to hold a prominent market share, while the market for the industrial segment is estimated to witness the fastest growth.
Among the type segments, the dye-sensitized solar cells (DSSC) sub-segment is expected to hold a prominent market share over the forecast period. DSSCs are a group of thin-film solar cells that have been under extensive research due to their low cost, simple preparation methodology, low toxicity, and ease of production. Further rising interest of key players in the sub-segment and launching dye-sensitized solar cells is anticipated to drive the market growth of the dye-sensitized solar cells. For instance, in February
2020, Ricoh Company Ltd. announced the launch of the solid-state dye-sensitized solar cell (DSSC) modules, the RICOH EH DSSC series. This latest innovation from Ricoh can generate electricity from indoor light and produce new, renewable energy to allow electronics to maintain a charge.
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PRINTABLE SOLAR CELL MARKET SEGMENTATION
BY TECHNOLOGY
- BULK HETEROJUNCTION SOLAR CELLS
- DYE SENSITIZED SOLAR CELLS (DSSC)
BY INSTALLATION
- ROOF-MOUNT
- GROUND MOUNT
- PORTABLE
- OTHERS
BY APPLICATION
- RESIDENTIAL
- COMMERCIAL
- INDUSTRIAL
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
COMPANY PROFILES
- Ascent Solar Technologies, Inc.
- Brilliant Matters
- DaZheng Micro-Nano Technologies
- Dracula Technologies
- DuPont de Nemours, Inc.
- Epishine AB
- Global Solar Energy
- infinityPV ApS
- MiaSolé Hi-Tech Corp.
- Nanosolar Corp.
- Panasonic Corporation (Sanyo)
- Saule Technologies
- Solopower Systems, Inc.
- Triton Solar LLC
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