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 OPV's 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