Semiconductors 2018 | Organic Photovoltaic Market : - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2025
Press
Release - 10 April 2018
Global
Research and Development News
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Report
Description-
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Organic electronics has gained popularity
in the electronics display market due to their flexible and
ultra-thin form and low cost. Organic technology is useful for solar
photovoltaic to fully redefine the way solar cells are invented by
using solar power. Organic photovoltaic (OPV) solar cells used to
provide a low-energy-production photovoltaic solution and an
Earth-abundant. The technology also has a potential to supply
electricity at a lower cost as compared to the first or second
generation solar technologies. Organic technology can be used to
produce transparent and colored organic photovoltaic due to
availability of various absorbers.
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This technology is mainly used to
building-integrated photovoltaic market. Organic photovoltaic has
reached efficiency nearly at 11% of device however, efficiency
margins as well as long-term consistency remain critical obstacles.
Organic photovoltaic technologies have much better-quality
materials that can be used in device structures in the latest years.
Organic photovoltaic have qualities such as low capital expenditure,
low energy production cost, and performance in indoor lighting
conditions.
These developments are leading organic
photovoltaic (OPVs) toward commercial viability in the target market.
As compared to inorganic solar cells, organic
photovoltaic cells use polymeric absorbers or molecular absorbers
formed in a localized exciton. Absorber can be in combination with an
electron acceptor, such as a fullerene, it has molecular orbital
energy states that enables electron transmission. The primary
driver of organic photovoltaic technology is its capability to be
used in large area and flexible solar modules, particularly in
helping R2R (roll-to-roll) production. Moreover, manufacturing cost
can be decrease for organic photovoltaic due to their lesser cost of
silicon-based materials and the comfort of device manufacturing. On
the other hand, to latch up with the work of silicon-based solar
cells, both the acceptor and donor materials in an organic
photovoltaic must have good film morphologies, good extinction
factors, and high stabilities.
Additional requirement for an ideal acceptor or
donor is a huge electron/hole mobility to capitalize charge
transport. Maximum efficiency of an organic photovoltaic device can
be accomplished through various photovoltaic designs such as inverted
device structures, bulk-heterojuction (BHJ), increasing low band gap
conjugated polymers, and new organic minor molecules as donor
materials. A key restraint of the organic photovoltaic market is the
difficulty in generation of electric power and shorter lifespan of
OPV.
The organic photovoltaic market can be segmented
based on efficiency, application, end-user, and region. Based on
efficiency, the organic photovoltaic market can be bifurcated into
small molecule, polymer, and perovskite. In the organic photovoltaic
market, perovskite has high performance as compared to other
materials. In terms of application, the organic photovoltaic market
can be divided into building-integrated (BIPV), building-applied
(BAPV), and solar chargers. Based on end-use, the organic
photovoltaic market can be classified into residential, industry,
utility, power plant application, military, and others. Furthermore,
the organic photovoltaic market can be segmented, according to
regional divisions, into North America, Europe, Asia Pacific, Middle
East & Africa, and South America. Europe accounts for the
dominant share of the organic photovoltaics market owing to the
existence of leading manufacturers of organic photovoltaics followed
by North America.
Several players are engaged in the organic
photovoltaic market with a diverse portfolio of solutions. Key
players operating in the organic photovoltaic market include Armor
Group, ACC, Belectric, BASF, CSEM Brasil, DisaSolar, Eight19, Merck,
Mitsubishi Chemical, Heraeus, Next Energy, Solarmer, Nanoflex Power
Corporation, Sumitomo Chemical, and Toshib. With advanced research in
the field of organic photovoltaic technologies, companies are
targeting the various market sections wherein the technology can be
employed, for instance, posters and point-of-purchase (PoP)
advertising, automotive, apparels, off-grid applications for
developing countries, consumer electronics, building integrated
photovoltaics, and power generation.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/organic-photovoltaic-market-global-industry-analysis-size-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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