Market Dynamics

Dye-sensitized Solar Cells Market growth is expected to gain high momentum during the forecast period due to demand for dye-sensitized solar cells in BIPVs is growing. Dye-sensitized solar cells are commonly known as DSSC. It is a solar cell belonging to the thin solar film family. These are the third generation solar cells that help convert any sort of visible light into electrical energy. A dye-sensitized solar cell is easy to manufacture with the help of traditional roll-printing techniques; they are also low in cost.

The introduction of various policies, such as tax credits, feed-in tariff, and government subsidies have encouraged the use of solar power generated electricity. Some other factors are competitive bidding, which is encouraging the adoption of solar products across the globe. Same policies are assumed to augment the demand for solar cells; this, in turn, will intensify the growth of the dye-sensitized solar cells market globally.

Rising interest for spotless and manageable power is progressively discovering decent footings in the vitality elements due to concerns over vitality security, carbon emanations, and rising worldwide climate variations from the norm. The demand for dye-sensitized solar cells in BIPVs is witnessing growth. This can be attributed to development to the diminishing expense of solar panels, improving the proficiency of solar modules, and government strategies and activities went for adjusting vitality portfolios to sun based vitality for practical power age. A mix of these cells with BIPVs can further help to downsize cost and improve appropriation rates.

Key Factors Impacting Market Growth:

• Rising demand for lightweight solar cells
• Demand for dye-sensitized solar cells in BIPVs is growing
• Supportive government policies

Regional Outlook:

The regional outlook for dye-sensitized solar cells market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for dye-sensitized solar cells market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of dye-sensitized solar cells market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for dye-sensitized solar cells market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Fujikura Ltd., 3GSolar Photovoltaics Ltd, Sharp Corporation, Peccell Technologies, Inc., Dyesol Limited, Oxford Photovoltaics, Exeger Sweden AB, Merck KgaA, Konica Minolta Sensing Europe B.V., and G24 Power Ltd 

Market Segmentation:

By Component:

• Transparent conducting Electrode
• Counter conducting electrodes
• Wide-bandgap semiconductors
• Dye molecules
• Electrolyte

By Application:

• Portable charging
• BIPVs
• BAPVs
• Embedded electronics
• Outdoor advertising
• Solar chargers
• Wireless keyboards
• AIPVs

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Component
  • By Application
• Western Europe:
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Component
  • By Application
• Eastern Europe:
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Component
  • By Application
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Component
  • By Application
• Middle East:
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Component
  • By Application
• Rest of the World
  •  By Region (South America, Africa)
  • By Component
  • By Application

Reasons to Buy This Report:

• Market size estimation of the dye-sensitized solar cells market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

For more information, contact: [email protected]