Future Growth of Global CIGS Thin-Film Solar Cells Market – Industry Verticals, and Forecast to 2023
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CIGS stands for copper indium gallium selenide, it is a thin film solar cell that is used to convert sun rays into electrical energy. CIGS thin film solar cells are manufactured by the process of depositing a thin layer of indium, copper, selenide and gallium on plastic backing or glass, having electrodes on the back and front to collect current. CIGS has a high absorption coefficient and absorbs sunlight strongly, so a thin film of this material is required to obtain the same electric energy as that of semiconductor materials. The thin-film photovoltaic technologies consists of three mainstreams namely amorphous silicon, cadmium telluride and CIGS. Like other materials in the thin-film photovoltaic technologies, CIGS is also flexible, that allows them to get deposited on the flexible substrates. Also the best performance of the solar cells comes from the glass deposited cells, as all the technologies use high temperature depositions. The performance of polysilicon-based panels are higher than these glass based technologies of solar cells, though advances in CIGS low temperature deposition is trying to erase these performance difference up to a great extent. CIGS Thin-film solar cells market is expected to expand at a healthy CAGR in the forecast period.
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The increasing market of solar panels and cost efficiency of electricity generated by solar panels as compared to other sources of energy is driving the CIGS thin-film solar cells market. Also the increased efficiency of CIGS thin film solar cells and the reduced time required to produce the electricity as compared to its counterparts technologies is further contributing in the growing CIGS thin-film solar cells market. Moreover, the rising concerns amongst people for environmental safety is bolstering the CIGS thin-film solar cells market.
The global CIGS Thin-Film Solar Cells market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on CIGS Thin-Film Solar Cells volume and value at global level, regional level and company level. From a global perspective, this report represents overall CIGS Thin-Film Solar Cells market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Tata Power Solar Systems
Pionis Energy Technologies
Segment by Regions
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Segment by Type
1-2 Micro Meters
2-3 Micro Meters
3-4 Micro Meters
Segment by Application
Electronics And Electrical
Energy And Power
Table of Contents
1 CIGS Thin-Film Solar Cells Market Overview
1.1 Product Overview and Scope of CIGS Thin-Film Solar Cells
1.2 CIGS Thin-Film Solar Cells Segment by Type
1.3 CIGS Thin-Film Solar Cells Segment by Application
1.4 Global CIGS Thin-Film Solar Cells Market by Region
1.5 Global CIGS Thin-Film Solar Cells Market Size
2 Global CIGS Thin-Film Solar Cells Market Competition by Manufacturers
2.1 Global CIGS Thin-Film Solar Cells Production Market Share by Manufacturers (2014-2019)
2.2 Global CIGS Thin-Film Solar Cells Revenue Share by Manufacturers (2014-2019)
2.3 Global CIGS Thin-Film Solar Cells Average Price by Manufacturers (2014-2019)
2.4 Manufacturers CIGS Thin-Film Solar Cells Production Sites, Area Served, Product Types
2.5 CIGS Thin-Film Solar Cells Market Competitive Situation and Trends
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