CIGS stands for copper indium gallium selenide, it is a thin film solar cell that is used to convert sun rays into electrical energy. CIGS thin film solar cells are manufactured by the process of depositing a thin layer of indium, copper, selenide and gallium on plastic backing or glass, having electrodes on the back and front to collect current. CIGS has a high absorption coefficient and absorbs sunlight strongly, so a thin film of this material is required to obtain the same electric energy as that of semiconductor materials. The thin-film photovoltaic technologies consists of three mainstreams namely amorphous silicon, cadmium telluride and CIGS. Like other materials in the thin-film photovoltaic technologies, CIGS is also flexible, that allows them to get deposited on the flexible substrates. Also the best performance of the solar cells comes from the glass deposited cells, as all the technologies use high temperature depositions. The performance of polysilicon-based panels are higher than these glass based technologies of solar cells, though advances in CIGS low temperature deposition is trying to erase these performance difference up to a great extent. CIGS Thin-film solar cells market is expected to expand at a healthy CAGR in the forecast period.
The increasing market of solar panels and cost efficiency of electricity generated by solar panels as compared to other sources of energy is driving the CIGS thin-film solar cells market. Also the increased efficiency of CIGS thin film solar cells and the reduced time required to produce the electricity as compared to its counterpart’s technologies is further contributing in the growing CIGS thin-film solar cells market. Moreover, the rising concerns amongst people for environmental safety is bolstering the CIGS thin-film solar cells market.
In 2019, the market size of CIGS Thin-Film Solar Cells is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for CIGS Thin-Film Solar Cells.
This report studies the global market size of CIGS Thin-Film Solar Cells, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the CIGS Thin-Film Solar Cells production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Trina Solar
Tata Power Solar Systems
Suniva
SolarWorld
Pionis Energy Technologies
JinkoSolar Holding
Borg
Alps Technology
Itek Energy
Market Segment by Product Type
1-2 Micro Meters
2-3 Micro Meters
3-4 Micro Meters
Market Segment by Application
Automobiles
Electronics And Electrical
Energy And Power
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the CIGS Thin-Film Solar Cells status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key CIGS Thin-Film Solar Cells manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of CIGS Thin-Film Solar Cells are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on CIGS Thin-Film Solar Cells. Industry analysis & Market Report on CIGS Thin-Film Solar Cells is a syndicated market report, published as Global (United States, European Union and China) CIGS Thin-Film Solar Cells Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of CIGS Thin-Film Solar Cells market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.