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Thin-film Solar Cell-Global Market Insights and Sales Trends 2024
Synopsis
Thin film solar cells refer to the fact that these types of solar cells use a much thinner level of photovoltaic material than mono-crystalline or multi-crystalline solar cells. The thin-film solar cells are made by depositing one or more thin layers, or thin film (TF) of photovoltaic material on a substrate, such as glass, plastic or metal. Thin-film solar cells are commercially used in several technologies, including cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon (a-Si, TF-Si)
The global Thin-film Solar Cell market size is expected to reach US$ 19870 million by 2029, growing at a CAGR of 10.2% from 2023 to 2029. The market is mainly driven by the significant applications of Thin-film Solar Cell in various end use industries. The expanding demands from the Residential Application, Commercial Application and Utility Application,, are propelling Thin-film Solar Cell market. CdTe Thin-Film Solar Cells, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the CIS/CIGS Thin-Film Solar Cells segment is estimated at % CAGR for the next seven-year period.
Now, the leading manufacturers of Thin-film Solar Cells located in the USA, Japan and China, such as First Solar (USA), occupied 50% market share, followed by Solar Frontier (Japan), Sharp Thin Film (Japan) and Hanergy (China), they occupied 18%, 4%, 6% market share, thus the four leading companies hold above 80% market share in the world market. There is a big gap between domestic companies and abroad companies, the major companies include Hanergy, ENN Energy Holdings and Topray Solar in China.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thin-film Solar Cell, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thin-film Solar Cell market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thin-film Solar Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thin-film Solar Cell sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thin-film Solar Cell covered in this report include First Solar, Solar Frontier, Sharp Thin Film, MiaSole, NexPower, Stion, Calyxo, Kaneka Solartech and Bangkok Solar, etc.
The global Thin-film Solar Cell market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
First Solar
Solar Frontier
Sharp Thin Film
MiaSole
NexPower
Stion
Calyxo
Kaneka Solartech
Bangkok Solar
Wurth Solar
Global Solar Energy
Hanergy
ENN Energy Holdings
Topray Solar
Global Thin-film Solar Cell market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thin-film Solar Cell market, Segment by Type:
CdTe Thin-Film Solar Cells
CIS/CIGS Thin-Film Solar Cells
A-Si Thin-Film Solar Cells
Global Thin-film Solar Cell market, by Application
Residential Application
Commercial Application
Utility Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thin-film Solar Cell manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thin-film Solar Cell in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Thin film solar cells refer to the fact that these types of solar cells use a much thinner level of photovoltaic material than mono-crystalline or multi-crystalline solar cells. The thin-film solar cells are made by depositing one or more thin layers, or thin film (TF) of photovoltaic material on a substrate, such as glass, plastic or metal. Thin-film solar cells are commercially used in several technologies, including cadmium telluride (CdTe), copper indium gallium diselenide (CIGS), and amorphous thin-film silicon (a-Si, TF-Si)
The global Thin-film Solar Cell market size is expected to reach US$ 19870 million by 2029, growing at a CAGR of 10.2% from 2023 to 2029. The market is mainly driven by the significant applications of Thin-film Solar Cell in various end use industries. The expanding demands from the Residential Application, Commercial Application and Utility Application,, are propelling Thin-film Solar Cell market. CdTe Thin-Film Solar Cells, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the CIS/CIGS Thin-Film Solar Cells segment is estimated at % CAGR for the next seven-year period.
Now, the leading manufacturers of Thin-film Solar Cells located in the USA, Japan and China, such as First Solar (USA), occupied 50% market share, followed by Solar Frontier (Japan), Sharp Thin Film (Japan) and Hanergy (China), they occupied 18%, 4%, 6% market share, thus the four leading companies hold above 80% market share in the world market. There is a big gap between domestic companies and abroad companies, the major companies include Hanergy, ENN Energy Holdings and Topray Solar in China.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thin-film Solar Cell, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thin-film Solar Cell market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thin-film Solar Cell market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thin-film Solar Cell sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thin-film Solar Cell covered in this report include First Solar, Solar Frontier, Sharp Thin Film, MiaSole, NexPower, Stion, Calyxo, Kaneka Solartech and Bangkok Solar, etc.
The global Thin-film Solar Cell market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
First Solar
Solar Frontier
Sharp Thin Film
MiaSole
NexPower
Stion
Calyxo
Kaneka Solartech
Bangkok Solar
Wurth Solar
Global Solar Energy
Hanergy
ENN Energy Holdings
Topray Solar
Global Thin-film Solar Cell market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thin-film Solar Cell market, Segment by Type:
CdTe Thin-Film Solar Cells
CIS/CIGS Thin-Film Solar Cells
A-Si Thin-Film Solar Cells
Global Thin-film Solar Cell market, by Application
Residential Application
Commercial Application
Utility Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thin-film Solar Cell manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thin-film Solar Cell in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Thin-film Solar Cell Market Overview
1.1 Thin-film Solar Cell Product Overview
1.2 Thin-film Solar Cell Market Segment by Type
1.2.1 CdTe Thin-Film Solar Cells
1.2.2 CIS/CIGS Thin-Film Solar Cells
1.2.3 A-Si Thin-Film Solar Cells
1.3 Global Thin-film Solar Cell Market Size by Type
1.3.1 Global Thin-film Solar Cell Market Size Overview by Type (2018-2029)
1.3.2 Global Thin-film Solar Cell Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thin-film Solar Cell Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thin-film Solar Cell Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thin-film Solar Cell Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thin-film Solar Cell Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thin-film Solar Cell Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thin-film Solar Cell Sales Breakdown by Type (2018-2023)
2 Global Thin-film Solar Cell Market Competition by Company
2.1 Global Top Players by Thin-film Solar Cell Sales (2018-2023)
2.2 Global Top Players by Thin-film Solar Cell Revenue (2018-2023)
2.3 Global Top Players by Thin-film Solar Cell Price (2018-2023)
2.4 Global Top Manufacturers Thin-film Solar Cell Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thin-film Solar Cell Market Competitive Situation and Trends
2.5.1 Thin-film Solar Cell Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thin-film Solar Cell Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Thin-film Solar Cell as of 2022)
2.7 Date of Key Manufacturers Enter into Thin-film Solar Cell Market
2.8 Key Manufacturers Thin-film Solar Cell Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thin-film Solar Cell Status and Outlook by Region
3.1 Global Thin-film Solar Cell Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thin-film Solar Cell Historic Market Size by Region
3.2.1 Global Thin-film Solar Cell Sales in Volume by Region (2018-2023)
3.2.2 Global Thin-film Solar Cell Sales in Value by Region (2018-2023)
3.2.3 Global Thin-film Solar Cell Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thin-film Solar Cell Forecasted Market Size by Region
3.3.1 Global Thin-film Solar Cell Sales in Volume by Region (2024-2029)
3.3.2 Global Thin-film Solar Cell Sales in Value by Region (2024-2029)
3.3.3 Global Thin-film Solar Cell Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thin-film Solar Cell by Application
4.1 Thin-film Solar Cell Market Segment by Application
4.1.1 Residential Application
4.1.2 Commercial Application
4.1.3 Utility Application
4.2 Global Thin-film Solar Cell Market Size by Application
4.2.1 Global Thin-film Solar Cell Market Size Overview by Application (2018-2029)
4.2.2 Global Thin-film Solar Cell Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thin-film Solar Cell Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thin-film Solar Cell Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thin-film Solar Cell Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thin-film Solar Cell Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thin-film Solar Cell Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thin-film Solar Cell Sales Breakdown by Application (2018-2023)
5 North America Thin-film Solar Cell by Country
5.1 North America Thin-film Solar Cell Historic Market Size by Country
5.1.1 North America Thin-film Solar Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thin-film Solar Cell Sales in Volume by Country (2018-2023)
5.1.3 North America Thin-film Solar Cell Sales in Value by Country (2018-2023)
5.2 North America Thin-film Solar Cell Forecasted Market Size by Country
5.2.1 North America Thin-film Solar Cell Sales in Volume by Country (2024-2029)
5.2.2 North America Thin-film Solar Cell Sales in Value by Country (2024-2029)
6 Europe Thin-film Solar Cell by Country
6.1 Europe Thin-film Solar Cell Historic Market Size by Country
6.1.1 Europe Thin-film Solar Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thin-film Solar Cell Sales in Volume by Country (2018-2023)
6.1.3 Europe Thin-film Solar Cell Sales in Value by Country (2018-2023)
6.2 Europe Thin-film Solar Cell Forecasted Market Size by Country
6.2.1 Europe Thin-film Solar Cell Sales in Volume by Country (2024-2029)
6.2.2 Europe Thin-film Solar Cell Sales in Value by Country (2024-2029)
7 Asia-Pacific Thin-film Solar Cell by Region
7.1 Asia-Pacific Thin-film Solar Cell Historic Market Size by Region
7.1.1 Asia-Pacific Thin-film Solar Cell Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thin-film Solar Cell Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thin-film Solar Cell Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thin-film Solar Cell Forecasted Market Size by Region
7.2.1 Asia-Pacific Thin-film Solar Cell Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thin-film Solar Cell Sales in Value by Region (2024-2029)
8 Latin America Thin-film Solar Cell by Country
8.1 Latin America Thin-film Solar Cell Historic Market Size by Country
8.1.1 Latin America Thin-film Solar Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thin-film Solar Cell Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thin-film Solar Cell Sales in Value by Country (2018-2023)
8.2 Latin America Thin-film Solar Cell Forecasted Market Size by Country
8.2.1 Latin America Thin-film Solar Cell Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thin-film Solar Cell Sales in Value by Country (2024-2029)
9 Middle East and Africa Thin-film Solar Cell by Country
9.1 Middle East and Africa Thin-film Solar Cell Historic Market Size by Country
9.1.1 Middle East and Africa Thin-film Solar Cell Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thin-film Solar Cell Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thin-film Solar Cell Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thin-film Solar Cell Forecasted Market Size by Country
9.2.1 Middle East and Africa Thin-film Solar Cell Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thin-film Solar Cell Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 First Solar
10.1.1 First Solar Company Information
10.1.2 First Solar Introduction and Business Overview
10.1.3 First Solar Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.1.4 First Solar Thin-film Solar Cell Products Offered
10.1.5 First Solar Recent Development
10.2 Solar Frontier
10.2.1 Solar Frontier Company Information
10.2.2 Solar Frontier Introduction and Business Overview
10.2.3 Solar Frontier Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Solar Frontier Thin-film Solar Cell Products Offered
10.2.5 Solar Frontier Recent Development
10.3 Sharp Thin Film
10.3.1 Sharp Thin Film Company Information
10.3.2 Sharp Thin Film Introduction and Business Overview
10.3.3 Sharp Thin Film Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sharp Thin Film Thin-film Solar Cell Products Offered
10.3.5 Sharp Thin Film Recent Development
10.4 MiaSole
10.4.1 MiaSole Company Information
10.4.2 MiaSole Introduction and Business Overview
10.4.3 MiaSole Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MiaSole Thin-film Solar Cell Products Offered
10.4.5 MiaSole Recent Development
10.5 NexPower
10.5.1 NexPower Company Information
10.5.2 NexPower Introduction and Business Overview
10.5.3 NexPower Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NexPower Thin-film Solar Cell Products Offered
10.5.5 NexPower Recent Development
10.6 Stion
10.6.1 Stion Company Information
10.6.2 Stion Introduction and Business Overview
10.6.3 Stion Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Stion Thin-film Solar Cell Products Offered
10.6.5 Stion Recent Development
10.7 Calyxo
10.7.1 Calyxo Company Information
10.7.2 Calyxo Introduction and Business Overview
10.7.3 Calyxo Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Calyxo Thin-film Solar Cell Products Offered
10.7.5 Calyxo Recent Development
10.8 Kaneka Solartech
10.8.1 Kaneka Solartech Company Information
10.8.2 Kaneka Solartech Introduction and Business Overview
10.8.3 Kaneka Solartech Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kaneka Solartech Thin-film Solar Cell Products Offered
10.8.5 Kaneka Solartech Recent Development
10.9 Bangkok Solar
10.9.1 Bangkok Solar Company Information
10.9.2 Bangkok Solar Introduction and Business Overview
10.9.3 Bangkok Solar Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Bangkok Solar Thin-film Solar Cell Products Offered
10.9.5 Bangkok Solar Recent Development
10.10 Wurth Solar
10.10.1 Wurth Solar Company Information
10.10.2 Wurth Solar Introduction and Business Overview
10.10.3 Wurth Solar Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wurth Solar Thin-film Solar Cell Products Offered
10.10.5 Wurth Solar Recent Development
10.11 Global Solar Energy
10.11.1 Global Solar Energy Company Information
10.11.2 Global Solar Energy Introduction and Business Overview
10.11.3 Global Solar Energy Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Global Solar Energy Thin-film Solar Cell Products Offered
10.11.5 Global Solar Energy Recent Development
10.12 Hanergy
10.12.1 Hanergy Company Information
10.12.2 Hanergy Introduction and Business Overview
10.12.3 Hanergy Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hanergy Thin-film Solar Cell Products Offered
10.12.5 Hanergy Recent Development
10.13 ENN Energy Holdings
10.13.1 ENN Energy Holdings Company Information
10.13.2 ENN Energy Holdings Introduction and Business Overview
10.13.3 ENN Energy Holdings Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ENN Energy Holdings Thin-film Solar Cell Products Offered
10.13.5 ENN Energy Holdings Recent Development
10.14 Topray Solar
10.14.1 Topray Solar Company Information
10.14.2 Topray Solar Introduction and Business Overview
10.14.3 Topray Solar Thin-film Solar Cell Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Topray Solar Thin-film Solar Cell Products Offered
10.14.5 Topray Solar Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thin-film Solar Cell Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Thin-film Solar Cell Industrial Chain Analysis
11.4 Thin-film Solar Cell Market Dynamics
11.4.1 Thin-film Solar Cell Industry Trends
11.4.2 Thin-film Solar Cell Market Drivers
11.4.3 Thin-film Solar Cell Market Challenges
11.4.4 Thin-film Solar Cell Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thin-film Solar Cell Distributors
12.3 Thin-film Solar Cell Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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