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Dye Sensitized Solar Cells: Market Analysis & Projections to 2024 Featuring Sharp, Peccell Technologies, Oxford Photovoltaics, Merck, G24 Power, and more - ResearchAndMarkets.comThe "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 maor 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 Profiled
Key Topics Covered 1. Preface 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/ |