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Global Dye Sensitized Solar Cells (DSSC) Industry Market Dynamics & Strategic Insights 2021-2030

Published : Feb 2021

Report ID: FMO8430

Pages : 250

Format :

Dye-sensitized solar cells are cost-effective thin-film photovoltaic cells and easy to manufacture using roll-pointing techniques, is semi-flexible, semi-transparent, and does not apply to a photovoltaic system. This solar cell is a composition of a porous layer of titanium dioxide nanoparticles and covered with a molecular dye that absorbs sunlight. DSSC’s are the most efficient third-generation solar technology, that absorbs more sunlight per surface area than standard silicon-based solar panels.
Global Dye-Sensitized Solar Cells (DSSC) Market іѕ ѕеgmеntеd on the bаѕіѕ оf Application (Building Integrated Photovoltaics (BIPV), Building Applied Photovoltaics (BAPV), Automotive Integrated Photovoltaics (AIPV), Portable charging, Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Dye Sensitized Solar Cells (DSSC) Market wаѕ vаluеd аt UЅD 95,523.4 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 11.8% frоm 2021 tо 2030.
The report on Global Dye-Sensitized Solar Cells (DSSC) Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Dye-Sensitized Solar Cells (DSSC) Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Dye-Sensitized Solar Cells (DSSC) Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Dye-Sensitized Solar Cells (DSSC) Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Dye-Sensitized Solar Cells (DSSC) Market.
Market Dynamics:
Growing preference towards the use of renewable energy sources and increasing energy demand is a major factor driving the growth of the global dye-sensitized solar cells market. Also, stringent rules and regulations for reduction of low cost, carbon emissionand, the ability of DSSC to work in low-light conditions are some other factors expected to fuel the growth of the global dye-sensitized solar cells market during the forecast period.
However, continuous fluctuations in raw material prices are a key factor restraining the growth of the global dye-sensitized solar cells market. Additionally, electrolyte solutions used in DSSC are harmful to human health when in direct contact which is another factor expected to hamper the growth of the global dye-sensitized solar cells market over the forecast period.
Segmental Analysis:
Among the application segments, the portable charging segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the rising demand for dye-sensitized solar cells in portable charging due to their capability to provide optimal wattage in such applications is projected to boost the segment growth over the forecast period. The building applied photovoltaics (BAPV) and building-integrated photovoltaics (BIPV) is projected to expected to register the fastest CAGR during the forecast period, due to the increasing demand for energy from residential areas, such as water heating and roof-top panels, is expected to drive the application segment in the near future.

Regional Analysis:
Europe dye-sensitized solar cells market is accounted for the largest market share in terms of revenue as compared to that of markets in other regions. This can be attributed to increasing government focus on the adoption of conventional energy sources and to reduce dependence on fossil fuels in countries in the region. Moreover, usage of the latest technologies, the high rate of implementation in BIPV, and increasing portable electronics applications are expected to drive the demand for the dye-sensitized solar cells market in the upcoming years. North America dye-sensitized solar cells market is accounted for the second-largest market share in terms of revenue in the global market, due to continuous investments in the development of dye-sensitized solar cells to provide better performance under high temperature and low irradiance levels. The Asia Pacific is projected to witness the fastest growth over the forecast period, owing to increasing energy demand and government funding for the development of solar energy power plants in emerging economies such as China and India.

Global Dye-Sensitized Solar Cells (DSSC) Market Segmentation:

Segmentation by Application:
• Building Integrated Photovoltaics (BIPV)
• Building Applied Photovoltaics (BAPV)
• Automotive Integrated Photovoltaics (AIPV)
• Portable charging
• Others (outdoor advertising and embedded electronics)
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players:

3GSolar Photovoltaics Ltd.
Dyesol Inc.
Exeger Sweden AB
Fujikura Ltd.
G24i Power Ltd.
Konica Minolta, Inc.
Oxford Photovoltaics Limited
Peccell Technologies, Inc.
Solaris Nanosciences Corporation

Scope:

Report Data Market
Forecast 2022 XX million/billion (2022-2032)
CAGR 2022 - 2032%
Analysis Period2022 - 2032
Base Year2021
Forecast Data2022 - 2032
Segments CoveredBy Type, By Application, And by Regions
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled.
Key Segments

By Type

By Applications

Report CoverageMarket Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

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The is to grow at a CAGR of 5.3% during the forecast by 2032.

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On the basis of type, the is segmented into Types.

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The major players operating in the are Company.

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Published Date : Feb 2021 | Formats :

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