(MENAFN- GlobeNewsWire - Nasdaq) Brooklyn, New York, March 20, 2023 (GLOBE NEWSWIRE) -- According to a recently revamped/updated market research report published by Global Market Estimates, the global opv (organic s olar cell) market is projected to grow at a CAGR value of 13.7% from 2023 to 2028.
The OPV market will be highly driven by increasing demand for sufficient electricity in developing and under-developed countries, rising need for renewable and sustainable sources of energy, growing awareness regarding integrating electricity into different products, and increasing government subsidies and investments into organic solar cells (OPV) technology.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on“ global opv (organic solar cell) market - forecast to 202 8 ''
Key Market Insights
As per the type outlook, the Bilayer Membrane Heterojunction segment is expected to be the largest segment in the global market from 2023 to 2028 As per the application outlook, the BIPV & architecture segment holds the largest share in the market The Asia Pacific region is analyzed to be the fastest-growing region in the market North America region will have the largest share in the market during the forecast period [2023-2028] Sumitomo Chemical Co. Ltd, Mitsubishi Chemical Corporation, New Energy Technologies, Heliatek Gmbh, Disa Solar, Belectric Opv Gmbh, Solarmer Energy, Inc, Armor, and Sunpower, among others, are some of the key players in the OPV (organic solar cell) market
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Application Outlook (Revenue, USD Billion, 2023-2028 )
BIPV & Architecture Consumer Electronics Wearable Device Automotive Military & Device Others
Type Outlook (Revenue, USD Billion, 2023-2028 )
Bilayer Membrane Heterojunction Schottky Type Others
End-User Outlook (Revenue, USD Billion, 2023-2028 )
Commercial Industrial Residential Others
Material Outlook (Revenue, USD Billion, 2023-2028 )
Regional Outlook (Revenue, USD Billion, 2023-2028 )
North America
Europe
Germany UK France Spain Italy Netherlands Rest of Europe
Asia Pacific
China India Japan South Korea Thailand Indonesia Malaysia Singapore Vietnam Rest of APAC
Central & South America
Brazil Argentina Chile Rest of CSA
Middle East & Africa
Saudi Arabia UAE Israel South Africa Rest of MEA
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