Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:9.43

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	9.43

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

Thin-film Solar PV Market Analysis By Application (Residential, Commercial, Industrial, Utility), By Type (Amorphous Silicon, Cadmium Telluride, Copper Indium Gallium Selenide), and By Region Forecast to 2032:

The Thin-film Solar PV Market is projected to experience substantial growth with a Compound Annual Growth Rate (CAGR) of 5.72% between 2022 and 2032. This growth is expected to result in an estimated increase of USD 12,345.67 million in market size. The expansion of this market is influenced by several key factors, including the increasing global demand for renewable energy sources, advancements in thin-film photovoltaic technology, and the need for sustainable and efficient electricity generation.

Thin-film Solar PV Market Overview:

Drivers:

One of the primary drivers fueling the growth of the Thin-film Solar PV Market is the increasing global demand for renewable energy sources. As concerns about climate change and environmental sustainability grow, there is a heightened focus on transitioning to clean and sustainable energy solutions. Thin-film solar photovoltaic (PV) technology offers an efficient and cost-effective means of harnessing solar energy.

Furthermore, advancements in thin-film photovoltaic technology are driving market growth. These innovations have led to increased energy conversion efficiency, reduced production costs, and improved durability of thin-film solar panels, making them more attractive for a wide range of applications.

Trends:

An emerging trend shaping the Thin-film Solar PV Market is the integration of solar panels into building materials and surfaces. Building-integrated photovoltaics (BIPV) and solar windows are gaining popularity, allowing solar power generation without compromising architectural aesthetics. This trend is particularly relevant for residential and commercial buildings.

Additionally, the adoption of thin-film solar PV technology in utility-scale solar projects is positively impacting market growth. Thin-film solar panels are well-suited for large installations, and their cost-efficiency is driving their use in utility-scale projects worldwide.

Restraints:

One of the key challenges hindering the growth of the Thin-film Solar PV Market is the competition from traditional crystalline silicon solar panels. While thin-film technology offers advantages, such as flexibility and lightweight design, crystalline silicon panels dominate the market due to their higher efficiency. Overcoming this competition and improving the efficiency of thin-film solar PV is essential for market expansion.

Moreover, the efficiency of thin-film solar panels can be affected by environmental factors, such as temperature and humidity. Addressing these limitations and optimizing thin-film technology for various climates and conditions is crucial for market growth.

Thin-film Solar PV Market Segmentation By Application:

Residential: Thin-film solar PV systems are increasingly adopted by homeowners for rooftop installations to reduce electricity bills and contribute to sustainable energy generation.
Commercial: Commercial buildings utilize thin-film solar panels to lower operational costs and demonstrate corporate social responsibility through clean energy initiatives.
Industrial: Industrial facilities incorporate thin-film solar PV systems to enhance energy efficiency and reduce environmental impact.
Utility: Utility-scale thin-film solar PV projects are implemented to generate large amounts of electricity for the grid, supporting clean energy transitions.

Thin-film Solar PV Market Segmentation By Type:

Amorphous Silicon: Amorphous silicon thin-film solar panels are known for their flexibility and low production costs, making them suitable for various applications.
Cadmium Telluride: Cadmium telluride thin-film solar panels offer competitive efficiency levels and are commonly used in utility-scale projects.
Copper Indium Gallium Selenide: Copper indium gallium selenide (CIGS) thin-film solar panels are known for their high efficiency and suitability for BIPV applications.

Regional Overview:

Download the report summary now!
Request pdf Sample

North America: North America's Thin-film Solar PV Market is driven by government incentives, renewable energy policies, and a growing emphasis on sustainability. The United States and Canada are key contributors to market growth.
Europe: European countries are leading the adoption of thin-film solar PV technology, particularly in residential and commercial applications. Germany and France are prominent markets in this region.
Asia-Pacific: The Asia-Pacific region experiences significant market growth due to the increasing energy demand and the adoption of solar technology in countries like China, Japan, and India.

Thin-film Solar PV Market Customer Landscape:

The Thin-film Solar PV Market caters to a diverse customer base, including homeowners, commercial property owners, industrial facilities, utility companies, and governments. Customers seek thin-film solar PV solutions to reduce energy costs, lower carbon emissions, and support renewable energy targets.

Major Thin-film Solar PV Market Companies:

Companies in the Thin-film Solar PV Market play a pivotal role in manufacturing, marketing, and installing thin-film solar PV systems.

Example companies include:

First Solar: First Solar is a leading manufacturer of thin-film solar panels, specializing in cadmium telluride technology for utility-scale projects.
Solar Frontier: Solar Frontier focuses on CIGS thin-film technology and offers a range of products for residential, commercial, and industrial applications.
Hanergy Thin Film Power Group: Hanergy specializes in thin-film solar PV solutions, including flexible solar panels for BIPV applications.
Trina Solar: Trina Solar manufactures amorphous silicon thin-film panels, serving various market segments and global regions.

The competitive landscape analysis in the report provides insights into key market players, including:

First Solar
Solar Frontier
Hanergy Thin Film Power Group
Trina Solar
Global Solar Energy
Kaneka Corporation
MiaSole Hi-Tech Corp.
NanoPV Solar Inc.
Ascent Solar Technologies, Inc.
Xunlight Kunshan Co., Ltd.

Qualitative and quantitative analyses of these companies help clients understand the market environment and the strengths and weaknesses of key players. Companies are categorized based on their specialization, market share, and technological capabilities.

Segment Overview:

The Thin-film Solar PV Market report forecasts revenue growth at global, regional, and country levels and offers an analysis of trends and growth opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032):

Residential
Commercial
Industrial
Utility

Type Outlook (USD Million, 2019 - 2032):

Amorphous Silicon
Cadmium Telluride
Copper Indium Gallium Selenide

Geography Outlook (USD Million, 2019 - 2032):

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

Asia-Pacific

China
Japan
India

Latin America

Brazil
Mexico

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Thin-film solar PV MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Thin-film solar PV MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Thin-film solar PV Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Thin-film solar PV Of Suppliers

4.5.2. Thin-film solar PV Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Thin-film solar PV MARKET BY type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Cadmium Telluride (CdTe)

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Copper Indium Gallium Selenide (CIGS)

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Amorphous Silicon (a-Si)

5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Thin-film solar PV MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 End user 1

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 End user 2

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 End user 3

6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Thin-film solar PV MARKET REGIONAL OUTLOOK

7.1. Thin-film solar PV Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Thin-film solar PV Market Estimates And Forecast, 2016 – 2027 (USD Million)

7.2.2. North America Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Thin-film solar PV Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Thin-film solar PV Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Thin-film solar PV Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Thin-film solar PV Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Thin-film solar PV Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 First Solar

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Kaneka Corporation

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Solar Frontier K.K

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 NanoPV Solar

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 SoloPower Systems

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Thin Film Solar Pv Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032