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Thin Film Solar Panels-Global Market Insights and Sales Trends 2025
Synopsis
The global Thin Film Solar Panels market size is expected to reach US$ 2161 million by 2029, growing at a CAGR of 8.7% from 2023 to 2029. The market is mainly driven by the significant applications of Thin Film Solar Panels in various end use industries. The expanding demands from the Solar Power Station, Automotive, Buildings and Others, are propelling Thin Film Solar Panels market. Amorphous Silicon(a-Si), 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 Cadmium Telluride(CdTe) segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.307 GW.
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 Panels, 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 Panels 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 Panels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thin Film Solar Panels 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 Panels covered in this report include First Solar, Sharp, Solar Frontier, Hanergy, ZSW, Sentech, Stion, CivicSolar and KANEKA Solar Energy, etc.
The global Thin Film Solar Panels 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
Sharp
Solar Frontier
Hanergy
ZSW
Sentech
Stion
CivicSolar
KANEKA Solar Energy
SoloPower
Solar-Facts
Flisom
Global Thin Film Solar Panels 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 Panels market, Segment by Type:
Amorphous Silicon(a-Si)
Cadmium Telluride(CdTe)
Copper Indium Gallium Selenide(CIS/CIGS)
Others
Global Thin Film Solar Panels market, by Application
Solar Power Station
Automotive
Buildings
Others
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 Panels 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 Panels 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.
The global Thin Film Solar Panels market size is expected to reach US$ 2161 million by 2029, growing at a CAGR of 8.7% from 2023 to 2029. The market is mainly driven by the significant applications of Thin Film Solar Panels in various end use industries. The expanding demands from the Solar Power Station, Automotive, Buildings and Others, are propelling Thin Film Solar Panels market. Amorphous Silicon(a-Si), 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 Cadmium Telluride(CdTe) segment is estimated at % CAGR for the next seven-year period.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.307 GW.
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 Panels, 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 Panels 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 Panels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thin Film Solar Panels 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 Panels covered in this report include First Solar, Sharp, Solar Frontier, Hanergy, ZSW, Sentech, Stion, CivicSolar and KANEKA Solar Energy, etc.
The global Thin Film Solar Panels 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
Sharp
Solar Frontier
Hanergy
ZSW
Sentech
Stion
CivicSolar
KANEKA Solar Energy
SoloPower
Solar-Facts
Flisom
Global Thin Film Solar Panels 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 Panels market, Segment by Type:
Amorphous Silicon(a-Si)
Cadmium Telluride(CdTe)
Copper Indium Gallium Selenide(CIS/CIGS)
Others
Global Thin Film Solar Panels market, by Application
Solar Power Station
Automotive
Buildings
Others
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 Panels 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 Panels 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 Panels Market Overview
1.1 Thin Film Solar Panels Product Overview
1.2 Thin Film Solar Panels Market Segment by Type
1.2.1 Amorphous Silicon(a-Si)
1.2.2 Cadmium Telluride(CdTe)
1.2.3 Copper Indium Gallium Selenide(CIS/CIGS)
1.2.4 Others
1.3 Global Thin Film Solar Panels Market Size by Type
1.3.1 Global Thin Film Solar Panels Market Size Overview by Type (2018-2029)
1.3.2 Global Thin Film Solar Panels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thin Film Solar Panels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thin Film Solar Panels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thin Film Solar Panels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thin Film Solar Panels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thin Film Solar Panels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thin Film Solar Panels Sales Breakdown by Type (2018-2023)
2 Global Thin Film Solar Panels Market Competition by Company
2.1 Global Top Players by Thin Film Solar Panels Sales (2018-2023)
2.2 Global Top Players by Thin Film Solar Panels Revenue (2018-2023)
2.3 Global Top Players by Thin Film Solar Panels Price (2018-2023)
2.4 Global Top Manufacturers Thin Film Solar Panels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thin Film Solar Panels Market Competitive Situation and Trends
2.5.1 Thin Film Solar Panels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thin Film Solar Panels 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 Panels as of 2022)
2.7 Date of Key Manufacturers Enter into Thin Film Solar Panels Market
2.8 Key Manufacturers Thin Film Solar Panels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thin Film Solar Panels Status and Outlook by Region
3.1 Global Thin Film Solar Panels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thin Film Solar Panels Historic Market Size by Region
3.2.1 Global Thin Film Solar Panels Sales in Volume by Region (2018-2023)
3.2.2 Global Thin Film Solar Panels Sales in Value by Region (2018-2023)
3.2.3 Global Thin Film Solar Panels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thin Film Solar Panels Forecasted Market Size by Region
3.3.1 Global Thin Film Solar Panels Sales in Volume by Region (2024-2029)
3.3.2 Global Thin Film Solar Panels Sales in Value by Region (2024-2029)
3.3.3 Global Thin Film Solar Panels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thin Film Solar Panels by Application
4.1 Thin Film Solar Panels Market Segment by Application
4.1.1 Solar Power Station
4.1.2 Automotive
4.1.3 Buildings
4.1.4 Others
4.2 Global Thin Film Solar Panels Market Size by Application
4.2.1 Global Thin Film Solar Panels Market Size Overview by Application (2018-2029)
4.2.2 Global Thin Film Solar Panels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thin Film Solar Panels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thin Film Solar Panels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thin Film Solar Panels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thin Film Solar Panels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thin Film Solar Panels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thin Film Solar Panels Sales Breakdown by Application (2018-2023)
5 North America Thin Film Solar Panels by Country
5.1 North America Thin Film Solar Panels Historic Market Size by Country
5.1.1 North America Thin Film Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thin Film Solar Panels Sales in Volume by Country (2018-2023)
5.1.3 North America Thin Film Solar Panels Sales in Value by Country (2018-2023)
5.2 North America Thin Film Solar Panels Forecasted Market Size by Country
5.2.1 North America Thin Film Solar Panels Sales in Volume by Country (2024-2029)
5.2.2 North America Thin Film Solar Panels Sales in Value by Country (2024-2029)
6 Europe Thin Film Solar Panels by Country
6.1 Europe Thin Film Solar Panels Historic Market Size by Country
6.1.1 Europe Thin Film Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thin Film Solar Panels Sales in Volume by Country (2018-2023)
6.1.3 Europe Thin Film Solar Panels Sales in Value by Country (2018-2023)
6.2 Europe Thin Film Solar Panels Forecasted Market Size by Country
6.2.1 Europe Thin Film Solar Panels Sales in Volume by Country (2024-2029)
6.2.2 Europe Thin Film Solar Panels Sales in Value by Country (2024-2029)
7 Asia-Pacific Thin Film Solar Panels by Region
7.1 Asia-Pacific Thin Film Solar Panels Historic Market Size by Region
7.1.1 Asia-Pacific Thin Film Solar Panels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thin Film Solar Panels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thin Film Solar Panels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thin Film Solar Panels Forecasted Market Size by Region
7.2.1 Asia-Pacific Thin Film Solar Panels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thin Film Solar Panels Sales in Value by Region (2024-2029)
8 Latin America Thin Film Solar Panels by Country
8.1 Latin America Thin Film Solar Panels Historic Market Size by Country
8.1.1 Latin America Thin Film Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thin Film Solar Panels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thin Film Solar Panels Sales in Value by Country (2018-2023)
8.2 Latin America Thin Film Solar Panels Forecasted Market Size by Country
8.2.1 Latin America Thin Film Solar Panels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thin Film Solar Panels Sales in Value by Country (2024-2029)
9 Middle East and Africa Thin Film Solar Panels by Country
9.1 Middle East and Africa Thin Film Solar Panels Historic Market Size by Country
9.1.1 Middle East and Africa Thin Film Solar Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thin Film Solar Panels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thin Film Solar Panels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thin Film Solar Panels Forecasted Market Size by Country
9.2.1 Middle East and Africa Thin Film Solar Panels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thin Film Solar Panels 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 Panels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 First Solar Thin Film Solar Panels Products Offered
10.1.5 First Solar Recent Development
10.2 Sharp
10.2.1 Sharp Company Information
10.2.2 Sharp Introduction and Business Overview
10.2.3 Sharp Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sharp Thin Film Solar Panels Products Offered
10.2.5 Sharp Recent Development
10.3 Solar Frontier
10.3.1 Solar Frontier Company Information
10.3.2 Solar Frontier Introduction and Business Overview
10.3.3 Solar Frontier Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Solar Frontier Thin Film Solar Panels Products Offered
10.3.5 Solar Frontier Recent Development
10.4 Hanergy
10.4.1 Hanergy Company Information
10.4.2 Hanergy Introduction and Business Overview
10.4.3 Hanergy Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hanergy Thin Film Solar Panels Products Offered
10.4.5 Hanergy Recent Development
10.5 ZSW
10.5.1 ZSW Company Information
10.5.2 ZSW Introduction and Business Overview
10.5.3 ZSW Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ZSW Thin Film Solar Panels Products Offered
10.5.5 ZSW Recent Development
10.6 Sentech
10.6.1 Sentech Company Information
10.6.2 Sentech Introduction and Business Overview
10.6.3 Sentech Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sentech Thin Film Solar Panels Products Offered
10.6.5 Sentech Recent Development
10.7 Stion
10.7.1 Stion Company Information
10.7.2 Stion Introduction and Business Overview
10.7.3 Stion Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Stion Thin Film Solar Panels Products Offered
10.7.5 Stion Recent Development
10.8 CivicSolar
10.8.1 CivicSolar Company Information
10.8.2 CivicSolar Introduction and Business Overview
10.8.3 CivicSolar Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CivicSolar Thin Film Solar Panels Products Offered
10.8.5 CivicSolar Recent Development
10.9 KANEKA Solar Energy
10.9.1 KANEKA Solar Energy Company Information
10.9.2 KANEKA Solar Energy Introduction and Business Overview
10.9.3 KANEKA Solar Energy Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 KANEKA Solar Energy Thin Film Solar Panels Products Offered
10.9.5 KANEKA Solar Energy Recent Development
10.10 SoloPower
10.10.1 SoloPower Company Information
10.10.2 SoloPower Introduction and Business Overview
10.10.3 SoloPower Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SoloPower Thin Film Solar Panels Products Offered
10.10.5 SoloPower Recent Development
10.11 Solar-Facts
10.11.1 Solar-Facts Company Information
10.11.2 Solar-Facts Introduction and Business Overview
10.11.3 Solar-Facts Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Solar-Facts Thin Film Solar Panels Products Offered
10.11.5 Solar-Facts Recent Development
10.12 Flisom
10.12.1 Flisom Company Information
10.12.2 Flisom Introduction and Business Overview
10.12.3 Flisom Thin Film Solar Panels Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Flisom Thin Film Solar Panels Products Offered
10.12.5 Flisom Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thin Film Solar Panels 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 Panels Industrial Chain Analysis
11.4 Thin Film Solar Panels Market Dynamics
11.4.1 Thin Film Solar Panels Industry Trends
11.4.2 Thin Film Solar Panels Market Drivers
11.4.3 Thin Film Solar Panels Market Challenges
11.4.4 Thin Film Solar Panels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thin Film Solar Panels Distributors
12.3 Thin Film Solar Panels 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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