Dye Sensitized Solar Cells: Market Analysis & Projections to 2024 Featuring Sharp, Peccell Technologies, Oxford Photovoltaics, Merck, G24 Power, and more - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 21, 2018--The “Dye Sensitized Solar Cell Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global dye sensitized solar cell market to grow with a CAGR of 11.2% over the forecast period of 2018-2024.The demand for lightweight, highly flexible solar cells has grown rapidly as the application of photovoltaic electric power generation has widened to encompass urban life in the form of building-integrated photovoltaics or electronics-integrated photovoltaics.Dye sensitized solar cells work even in low-light conditions such as non-direct sunlight and cloudy skies. This in turn is driving the growth of the dye sensitized solar cell market. Moreover, technological innovations have resulted in good price to performance ratio and are projected to impact positively on the industrial growth.Furthermore, manufacturers of dye-sensitized solar cells are presently concentrating on indoor or portable applications and are expected to explore opportunities in major application segments such as electronics, outdoor advertising, automotive, bus shelters, and steel roofing. These may not be as attractive for large-scale deployments where high-efficiency, high-cost cells are more suitable.However, the use of liquid electrolyte in dye sensitized cell design is a major drawback as it has temperature stability problems that acts as the restraining factor for the growth of the market during the forecast period. Another factor that may affect photovoltaic performance of the textile-based DSSC is the cloth itself, which contains the electrolyte and plays the role of a spacer to prevent electrical short circuits from forming between the electrodes.
Europe dominates the dye sensitized solar cell market. Increasing disposable income in the countries such as china and India have attributed high demand in the Asia Pacific regions. In addition, Asia Pacific is anticipated to be the fastest growth over the upcoming years.
Companies ProfiledSharp CorporationPeccell Technologies Inc.Oxford PhotovoltaicsMerck KGaAKonica Minolta Sensing Europe B.V.G24 Power Ltd.Fujikura Ltd.Exeger Sweden ABDyesol Limited3GSolar Photovoltaics Ltd.
Key Topics Covered
2. Executive Summary
3. Global Dye Sensitized Solar Cell Market Overview
4. Dye Sensitized Solar Cell Market Macro Indicator Analysis
5. Global Dye Sensitized Solar Cell Market by Applications
6. Global Dye Sensitized Solar Cell Market by Region 2018-2024
7. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/zhm44m/dye_sensitized?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005214/en/
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PUB: 09/21/2018 07:45 AM/DISC: 09/21/2018 07:45 AM