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).
Currently, the CdTe Thin Film Solar Cell market was dominated by First Solar, which holds over 95% global shipments of this type of thin film solar cell. Over the past years, there are dozens of enterprises had tried to enter this market (such as Abound Solar, PrimeStar Solar/GE Energy, Solexant, Canrom Photovoltaics, Bloo Solar and ARENDI SRL), but most of them failed.
Recent years, the sales of CdTe Thin Film Solar Cell industry are largely affected by the world economy. To the technology, the China market has a certain development space, but the popular Inverter in China made CdTe Thin Film Solar Cell market suffers greater pressure.
About the cost, the CdTe Thin Film Solar Cell cost is under 1 USD/W, which will help the market development and competition with other technology of solar cell.
Finally, CdTe Thin Film Solar Cell is an oligopoly market; the tech and fund barrier to enter into this market is quite high.
According to this study, over the next five years the CdTe Thin Film Solar Cell market will register a 18.7% CAGR in terms of revenue, the global market size will reach USD 8590 million by 2024, from USD 3070 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in CdTe Thin Film Solar Cell business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of CdTe Thin Film Solar Cell market by product type, application, key manufacturers and key regions and countries.
This study considers the CdTe Thin Film Solar Cell value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rigid CdTe Thin Film Solar Cell
Flexible CdTe Thin Film Solar Cell
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Application
Commercial Application
Utility Application
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
First Solar
Calyxo
Antec Solar Energy AG
Lucintech
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global CdTe Thin Film Solar Cell consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of CdTe Thin Film Solar Cell market by identifying its various subsegments.
Focuses on the key global CdTe Thin Film Solar Cell manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the CdTe Thin Film Solar Cell with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of CdTe Thin Film Solar Cell submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
