Table of Content

1    INTRODUCTION    24
1.1    STUDY OBJECTIVES    24
1.2    MARKET DEFINITION    24
1.2.1    INCLUSIONS AND EXCLUSIONS    25
1.3    STUDY SCOPE    25
1.3.1    MARKETS COVERED    25
FIGURE 1    THIN-FILM PHOTOVOLTAIC MARKET SEGMENTATION    25
1.3.2    YEARS CONSIDERED    26
1.4    REGIONAL SCOPE    26
1.5    CURRENCY CONSIDERED    26
1.6    STAKEHOLDERS    27
1.7    SUMMARY OF CHANGES    27
1.8    LIMITATIONS    28
1.8.1    RECESSION IMPACT    28
2    RESEARCH METHODOLOGY    29
2.1    RESEARCH APPROACH    29
FIGURE 2    THIN-FILM PHOTOVOLTAIC MARKET: RESEARCH DESIGN    29
2.1.1    SECONDARY DATA    30
2.1.1.1    Major secondary sources    30
2.1.1.2    Key data from secondary sources    31
2.1.2    PRIMARY DATA    31
2.1.2.1    Key data from primary sources    32
2.1.2.2    Breakdown of primaries    32
2.1.3    SECONDARY AND PRIMARY RESEARCH    33
2.1.3.1    Key industry insights    34
2.2    MARKET SIZE ESTIMATION    34
2.2.1    BOTTOM-UP APPROACH    34
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    35
2.2.1.1    Approach to derive market size using bottom-up analysis    35
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM SALES OF THIN-FILM PHOTOVOLTAICS    36
2.2.2    TOP-DOWN APPROACH    36
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    36
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    37
FIGURE 6    DATA TRIANGULATION    37
2.4    RESEARCH ASSUMPTIONS    38
2.5    RESEARCH LIMITATIONS    38
2.6    RISK ASSESSMENT    38
2.6.1    IMPACT OF RECESSION    39
3    EXECUTIVE SUMMARY    40
FIGURE 7    PEROVSKITE SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD    40
FIGURE 8    MODULE SEGMENT TO GROW AT HIGHEST RATE BETWEEN 2023 AND 2028    41
FIGURE 9    UTILITY SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    41
FIGURE 10    ASIA PACIFIC HELD LARGEST SHARE OF THIN-FILM PHOTOVOLTAIC MARKET IN 2022    42
4    PREMIUM INSIGHTS    43
4.1    ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THIN-FILM PHOTOVOLTAIC MARKET    43
FIGURE 11    INCREASING DEMAND FOR THIN-FILM PHOTOVOLTAICS IN UTILITIES    43
4.2    THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL    43
FIGURE 12    PEROVSKITE SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD    43
4.3    ASIA PACIFIC THIN-FILM PHOTOVOLTAIC MARKET, BY END USER AND COUNTRY    44
FIGURE 13    UTILITY SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC THIN-FILM PHOTOVOLTAIC MARKET IN 2023    44
4.4    THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY    45
FIGURE 14    MEXICO TO DOMINATE THIN-FILM PHOTOVOLTAIC MARKET DURING FORECAST PERIOD    45
5    MARKET OVERVIEW    46
5.1    INTRODUCTION    46
5.2    MARKET DYNAMICS    46
FIGURE 15    THIN-FILM PHOTOVOLTAIC MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    46
5.2.1    DRIVERS    47
FIGURE 16    THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF DRIVERS    47
5.2.1.1    Increasing government-led initiatives related to thin-film solar cells    47
5.2.1.2    Growing adoption of thin-film solar cells in residential sector    48
5.2.1.3    Increasing investments in renewable energy    48
5.2.2    RESTRAINTS    49
FIGURE 17    THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF RESTRAINTS    49
5.2.2.1    Availability of substitutes    49
5.2.2.2    High installation cost and lack of skilled workforce for thin-film photovoltaic installation    49
5.2.3    OPPORTUNITIES    50
FIGURE 18    THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF OPPORTUNITIES    50
5.2.3.1    Integration of thin-film solar cells into windows, facades, and roofs    50
5.2.3.2    Ongoing technological/material developments in thin-film solar cell manufacturing    50

5.2.4    CHALLENGES    51
FIGURE 19    THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF CHALLENGES    51
5.2.4.1    Growing popularity of traditional crystalline silicon solar cells in large-scale solar installations    51
5.3    VALUE CHAIN ANALYSIS    52
FIGURE 20    THIN-FILM PHOTOVOLTAIC MARKET: VALUE CHAIN ANALYSIS    52
5.4    ECOSYSTEM ANALYSIS    53
TABLE 1    THIN-FILM PHOTOVOLTAIC MARKET: ECOSYSTEM ANALYSIS    53
5.5    TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES    54
FIGURE 21    REVENUE SHIFT AND NEW REVENUE POCKETS FOR THIN-FILM PHOTOVOLTAIC MARKET PLAYERS    54
5.6    INDICATIVE PRICING ANALYSIS    55
TABLE 2    AVERAGE SELLING PRICE (ASP) OF PHOTOVOLTAIC MODULES    55
TABLE 3    AVERAGE SELLING PRICE (ASP) OF PV MODULES, BY END USER    55
5.6.1    AVERAGE SELLING PRICE (ASP) OF PV MODULES OFFERED BY TOP TWO PLAYERS    56
FIGURE 22    AVERAGE SELLING PRICE (ASP) OF PV MODULES OFFERED BY TOP TWO PLAYERS, BY END USER    56
TABLE 4    AVERAGE SELLING PRICE (ASP) OF PV MODULES OFFERED BY TOP TWO MARKET PLAYERS, BY END USER (USD/WATT)    56
5.7    TECHNOLOGY ANALYSIS    57
TABLE 5    TECHNOLOGIES IN SOLAR CELL ECOSYSTEM    57
5.8    CASE STUDY ANALYSIS    58
5.8.1    INSTALLATION OF FIRST SOLAR’S THIN-FILM MODULES IN UTILITY-SCALE SOLAR AND GOVERNMENT PROJECTS    58
5.8.2    INSTALLATION OF TRINA SOLAR DUOMAX MODULES BY SHOGO SUGIURA HOUSE TO GENERATE POWER AND TRANSMIT LIGHT    58
5.9    PATENT ANALYSIS    58
FIGURE 23    TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS    58
TABLE 6    TOP 20 PATENT OWNERS IN LAST 10 YEARS    59
FIGURE 24    NUMBER OF PATENTS GRANTED PER YEAR, 2012–2022    60
5.9.1    LIST OF MAJOR PATENTS    60
TABLE 7    THIN-FILM PHOTOVOLTAIC MARKET: LIST OF MAJOR PATENTS    60
5.10    TRADE ANALYSIS    64
FIGURE 25    IMPORT DATA FOR HS CODE 854140, BY COUNTRY, 2018–2022 (USD THOUSAND)    64
FIGURE 26    EXPORT DATA FOR HS CODE 854140, BY COUNTRY, 2018–2022 (USD THOUSAND)    65
5.11    KEY STAKEHOLDERS AND BUYING CRITERIA    65
5.11.1    KEY STAKEHOLDERS IN BUYING PROCESS    65
FIGURE 27    INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USER    65
TABLE 8    INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USER (%)    66
5.11.2    BUYING CRITERIA    66
FIGURE 28    KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS    66
TABLE 9    KEY BUYING CRITERIA FOR END USERS    66
5.12    PORTER’S FIVE FORCES ANALYSIS    67
FIGURE 29    THIN-FILM PHOTOVOLTAIC MARKET: PORTER’S FIVE FORCES ANALYSIS    67
TABLE 10    THIN-FILM PHOTOVOLTAIC MARKET: PORTER’S FIVE FORCES ANALYSIS    67
5.12.1    INTENSITY OF COMPETITIVE RIVALRY    68
5.12.2    THREAT OF SUBSTITUTES    68
5.12.3    BARGAINING POWER OF BUYERS    68
5.12.4    BARGAINING POWER OF SUPPLIERS    68
5.12.5    THREAT OF NEW ENTRANTS    68
5.13    KEY CONFERENCES AND EVENTS, 2023–2024    69
TABLE 11    THIN-FILM PHOTOVOLTAIC MARKET: LIST OF KEY CONFERENCES AND EVENTS    69
5.14    REGULATORY LANDSCAPE    70
5.14.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO THIN-FILM PHOTOVOLTAICS    70
5.14.1.1    Regulations    71
5.14.1.2    Standards    71
TABLE 12    NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    72
TABLE 13    EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    73
TABLE 14    ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    73
TABLE 15    ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    75
6    THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL    76
6.1    INTRODUCTION    77
FIGURE 30    THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL    77
FIGURE 31    PEROVSKITE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    77
TABLE 16    THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    78
TABLE 17    THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    78
TABLE 18    MATERIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    78
TABLE 19    MATERIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    79
6.2    CADMIUM TELLURIDE (CDTE)    79
6.2.1    LOW MANUFACTURING COST AND CARBON FOOTPRINT    79
TABLE 20    CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    79
TABLE 21    CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    80
TABLE 22    CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    80
TABLE 23    CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    80
6.3    AMORPHOUS SILICON (A-SI)    80
6.3.1    EXCELLENT PERFORMANCE IN LOW LIGHT    80
TABLE 24    AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    81
TABLE 25    AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    81
TABLE 26    AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    81
TABLE 27    AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    82
6.4    COPPER INDIUM GALLIUM SELENIDE (CIGS)    82
6.4.1    HIGHLY EFFICIENT THIN-FILM PHOTOVOLTAIC TECHNOLOGY    82
TABLE 28    COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    82
TABLE 29    COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    83
TABLE 30    COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    83
TABLE 31    COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    83
6.5    PEROVSKITE    84
6.5.1    EXHIBITS LOW COST, THIN DESIGN, LOW-TEMPERATURE PROCESSING, AND EXCELLENT LIGHT ABSORPTION FEATURES    84
TABLE 32    PEROVSKITE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    84
TABLE 33    PEROVSKITE: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    85
6.5.1.1    All-perovskite tandem solar cell    85
6.5.1.1.1    Highly efficient with broad spectral coverage    85
6.5.1.2    Perovskite silicon tandem solar cell    85
6.5.1.2.1    Increased power output and improved utilization of sunlight    85
6.6    ORGANIC PV    85
6.6.1    HIGHLY USED IN RESIDENTIAL SECTOR    85
TABLE 34    ORGANIC PV: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    86
TABLE 35    ORGANIC PV: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    86
TABLE 36    ORGANIC PV: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    86
TABLE 37    ORGANIC PV: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    87
6.7    COPPER ZINC TIN SULFIDE (CZTS)    87
6.7.1    NON-TOXIC AND LOW PRODUCTION COST    87
6.8    QUANTUM DOT THIN-FILM SOLAR CELL    87
6.8.1    INCREASING APPLICATIONS IN WEARABLE DEVICES    87
6.9    ALL-SILICON TANDEM    88
6.9.1    INTEGRATION INTO EXISTING SILICON SOLAR CELL MANUFACTURING PROCESSES    88
7    THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT    89
7.1    INTRODUCTION    90
FIGURE 32    THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT    90
FIGURE 33    INVERTER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    90
TABLE 38    THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT, 2019–2022 (USD MILLION)    91
TABLE 39    THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT, 2023–2028 (USD MILLION)    91
7.2    MODULE    91
FIGURE 34    THIN-FILM PHOTOVOLTAIC MARKET, BY MODULE    92
7.2.1    PV MODULE TYPE    92
7.2.1.1    Highly used in residential-, commercial-, and utility-scale solar installations    92
7.2.1.2    Organic photovoltaic (OPV) module    92
7.2.1.2.1    Generates energy at lower cost than traditional solar technologies    92
7.2.1.3    Inorganic photovoltaic (IPV) module    93
7.2.1.3.1    Longer lifespan and higher efficiency than OPV module    93
7.2.1.4    Hybrid photovoltaic module    93
7.2.1.4.1    Comprises both inorganic and organic materials featuring high power conversion efficiency    93
7.2.2    CELL TYPE    94
7.2.2.1    Converts sunlight into energy    94
7.3    INVERTER    94
7.3.1    CONVERTS DIRECT CURRENT OF PV MODULES INTO GRID-COMPLIANT ALTERNATING CURRENT    94
7.4    BALANCE OF SYSTEM (BOS)    95
7.4.1    INCREASES EFFICIENCY OF SOLAR ARRAYS    95
7.4.2    CONNECTION AND CABLE    95
7.4.2.1    Connect components of circuits and serve as conduit where electricity travels    95
7.4.3    JUNCTION BOX    96
7.4.3.1    Encloses modules where PV strings connect electrically    96
7.4.4    SAFETY EQUIPMENT    96
7.4.4.1    Ensure safety of PV systems from harsh weather conditions    96
7.4.5    TRACKER    96
7.4.5.1    Increases solar energy output by up to 40% than standard panels    96
7.4.6    BATTERY    97
7.4.6.1    Accumulates excess energy created by PV systems and used in remote applications    97
7.4.7    MONITORING SYSTEM    97
7.4.7.1    Ensures reliable functioning and maximum yield of solar electric system    97
7.4.8    OTHERS    98
8    THIN-FILM PHOTOVOLTAIC MARKET, BY END USER    99
8.1    INTRODUCTION    100
FIGURE 35    THIN-FILM PHOTOVOLTAIC MARKET, BY END USER    100
FIGURE 36    UTILITY SEGMENT TO DOMINATE THIN-FILM PHOTOVOLTAIC MARKET IN 2023    100
TABLE 40    THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    101
TABLE 41    THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    101
8.2    RESIDENTIAL    101
8.2.1    GOVERNMENT-LED SUBSIDIARIES AND INCENTIVES FOR INCREASING ADOPTION OF PV SYSTEMS    101
TABLE 42    RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    102
TABLE 43    RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    102
TABLE 44    RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    103
TABLE 45    RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    103
8.3    COMMERCIAL & INDUSTRIAL    103
8.3.1    GROWING USE OF HYBRID PV SYSTEMS TO GENERATE ELECTRICITY FOR COMMERCIAL AND INDUSTRIAL FACILITIES    103
TABLE 46    COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    104
TABLE 47    COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    104
TABLE 48    COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    105
TABLE 49    COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    105
8.4    UTILITY    105
8.4.1    RISING NEED FOR RELIABLE AND CONSISTENT ELECTRICITY SOURCE    105
TABLE 50    UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    106
TABLE 51    UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    106
TABLE 52    UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    106
TABLE 53    UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    107

9    THIN-FILM PHOTOVOLTAIC MARKET, BY REGION    108
9.1    INTRODUCTION    109
FIGURE 37    THIN-FILM PHOTOVOLTAIC MARKET, BY REGION    109
FIGURE 38    ASIA PACIFIC THIN-FILM PHOTOVOLTAIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    109
TABLE 54    THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2019–2022 (USD MILLION)    110
TABLE 55    THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2023–2028 (USD MILLION)    110
9.2    NORTH AMERICA    110
FIGURE 39    NORTH AMERICA: SNAPSHOT OF THIN-FILM PHOTOVOLTAIC MARKET    111
TABLE 56    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    111
TABLE 57    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    112
TABLE 58    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    112
TABLE 59    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    112
TABLE 60    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    113
TABLE 61    NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    113
9.2.1    US    113
9.2.1.1    Rising number of state and federal policies and programs for increasing adoption of PV modules    113
9.2.2    CANADA    114
9.2.2.1    Abundant solar energy and large installation areas    114
9.2.3    MEXICO    114
9.2.3.1    Booming solar energy industry    114
9.2.4    NORTH AMERICA: RECESSION IMPACT    114
9.3    EUROPE    115
FIGURE 40    EUROPE: SNAPSHOT OF THIN-FILM PHOTOVOLTAIC MARKET    116
TABLE 62    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    117
TABLE 63    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    117
TABLE 64    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2019–2022 (USD MILLION)    117
TABLE 65    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER, 2023–2028 (USD MILLION)    118
TABLE 66    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    118
TABLE 67    EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    118
9.3.1    UK    118
9.3.1.1    Increasing installation of PV systems to reap solar resource benefits    118

9.3.2    GERMANY    119
9.3.2.1    Declining cost of PV modules and increasing research and development projects related to solar cells    119
9.3.3    FRANCE    119
9.3.3.1    Increasing collaborations between solar technology providers and government for boosting PV installation capacity    119
9.3.4    ITALY    120
9.3.4.1    Rising number of utility-scale PV installations    120
9.3.5    RUSSIA    120
9.3.5.1    Increasing research and development related to thin-film photovoltaics    120
9.3.6    REST OF EUROPE    120
9.3.7    EUROPE: RECESSION IMPACT    120
9.4    ASIA PACIFIC    121
FIGURE 41    ASIA PACIFIC: SNAPSHOT OF THIN-FILM PHOTOVOLTAIC MARKET    121
TABLE 68    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    122
TABLE 69    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    122
TABLE 70    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, END USER, 2019–2022 (USD MILLION)    122
TABLE 71    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, END USER, 2023–2028 (USD MILLION)    123
TABLE 72    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    123
TABLE 73    ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    123
9.4.1    CHINA    124
9.4.1.1    Growing demand for next-generation solar cells    124
9.4.2    JAPAN    124
9.4.2.1    High focus on reducing greenhouse gas (GHG) emissions    124
9.4.3    INDIA    124
9.4.3.1    Government-led initiatives to develop next-generation solar cells    124
9.4.4    AUSTRALIA    125
9.4.4.1    Growing demand from residential sector    125
9.4.5    REST OF ASIA PACIFIC    125
9.4.6    ASIA PACIFIC: RECESSION IMPACT    125
9.5    ROW    126
FIGURE 42    ROW: SNAPSHOT OF THIN-FILM PHOTOVOLTAIC MARKET    126
TABLE 74    ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    126
TABLE 75    ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    127
TABLE 76    ROW: THIN-FILM PHOTOVOLTAIC MARKET, END USER, 2019–2022 (USD MILLION)    127
TABLE 77    ROW: THIN-FILM PHOTOVOLTAIC MARKET, END USER, 2023–2028 (USD MILLION)    127
TABLE 78    ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2019–2022 (USD MILLION)    127
TABLE 79    ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2023–2028 (USD MILLION)    128
9.5.1    MIDDLE EAST & AFRICA    128
9.5.1.1    Increasing adoption of renewable energy to meet electricity mix targets    128
9.5.2    SOUTH AMERICA    129
9.5.2.1    Rising research and development related to perovskite solar cells    129
10    COMPETITIVE LANDSCAPE    130
10.1    OVERVIEW    130
10.2    KEY STRATEGIES ADOPTED BY MAJOR PLAYERS    130
TABLE 80    OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN THIN-FILM PHOTOVOLTAIC MARKET    130
10.2.1    PRODUCT PORTFOLIO    131
10.2.2    REGIONAL FOCUS    131
10.2.3    ORGANIC/INORGANIC GROWTH STRATEGIES    131
10.3    MARKET SHARE ANALYSIS, 2022    131
TABLE 81    THIN-FILM PHOTOVOLTAIC MARKET: DEGREE OF COMPETITION    132
FIGURE 43    THIN-FILM PHOTOVOLTAIC MARKET SHARE ANALYSIS    132
10.4    THREE-YEAR COMPANY REVENUE ANALYSIS    134
FIGURE 44    THREE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN THIN-FILM PHOTOVOLTAIC MARKET    134
10.5    COMPANY EVALUATION QUADRANT, 2022    135
10.5.1    STARS    135
10.5.2    PERVASIVE PLAYERS    135
10.5.3    EMERGING LEADERS    135
10.5.4    PARTICIPANTS    135
FIGURE 45    THIN-FILM PHOTOVOLTAIC MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022    136
10.6    STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT, 2022    137
10.6.1    PROGRESSIVE COMPANIES    137
10.6.2    RESPONSIVE COMPANIES    137
10.6.3    DYNAMIC COMPANIES    137
10.6.4    STARTING BLOCKS    137
FIGURE 46    THIN-FILM PHOTOVOLTAIC MARKET: STARTUP/SME EVALUATION QUADRANT, 2022    138
10.7    COMPANY FOOTPRINT    139
TABLE 82    COMPANY FOOTPRINT    139
TABLE 83    COMPONENT: COMPANY FOOTPRINT    139
TABLE 84    END USER: COMPANY FOOTPRINT    140
TABLE 85    REGION: COMPANY FOOTPRINT    140
TABLE 86    THIN-FILM PHOTOVOLTAIC MARKET: LIST OF KEY STARTUPS/SMES    141
TABLE 87    THIN-FILM PHOTOVOLTAIC MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES    142
10.8    COMPETITIVE SCENARIOS AND TRENDS    143
10.8.1    PRODUCT LAUNCHES    143
TABLE 88    THIN-FILM PHOTOVOLTAIC MARKET: PRODUCT LAUNCHES, JANUARY 2019–2023    143
10.8.2    DEALS    144
TABLE 89    THIN-FILM PHOTOVOLTAIC MARKET: DEALS, JANUARY 2019–2023    144
10.8.3    OTHERS    145
TABLE 90    THIN-FILM PHOTOVOLTAIC MARKET: OTHERS, JANUARY 2019–2023    145
11    COMPANY PROFILES    146
11.1    KEY PLAYERS    146
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
11.1.1    FIRST SOLAR    146
TABLE 91    FIRST SOLAR: COMPANY OVERVIEW    146
FIGURE 47    FIRST SOLAR: COMPANY SNAPSHOT    147
TABLE 92    FIRST SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    147
TABLE 93    FIRST SOLAR: DEALS    148
TABLE 94    FIRST SOLAR: OTHERS    151
11.1.2    KANEKA CORPORATION    152
TABLE 95    KANEKA CORPORATION: COMPANY OVERVIEW    152
FIGURE 48    KANEKA CORPORATION: COMPANY SNAPSHOT    153
TABLE 96    KANEKA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    153
TABLE 97    KANEKA CORPORATION: DEALS    154
11.1.3    ASCENT SOLAR TECHNOLOGIES    155
TABLE 98    ASCENT SOLAR TECHNOLOGIES: COMPANY OVERVIEW    155
FIGURE 49    ASCENT SOLAR TECHNOLOGIES: COMPANY SNAPSHOT    155
TABLE 99    ASCENT SOLAR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    156
TABLE 100    ASCENT SOLAR TECHNOLOGIES: DEALS    156
11.1.4    OXFORD PHOTOVOLTAICS (PV)    158
TABLE 101    OXFORD PV: COMPANY OVERVIEW    158
TABLE 102    OXFORD PV: PRODUCTS/SOLUTIONS/SERVICES OFFERED    158
TABLE 103    OXFORD PV: DEALS    159
TABLE 104    OXFORD PV: OTHERS    159
11.1.5    HANWHA Q CELLS    161
TABLE 105    HANWHA Q CELLS: BUSINESS OVERVIEW    161
TABLE 106    HANWHA Q CELLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    161
TABLE 107    HANWHA Q CELLS: PRODUCT LAUNCHES    162
TABLE 108    HANWHA Q CELLS: DEALS    162
TABLE 109    HANWHA Q CELLS: OTHERS    164
11.1.6    SHARP CORPORATION    166
TABLE 110    SHARP CORPORATION: COMPANY OVERVIEW    166
FIGURE 50    SHARP CORPORATION.: COMPANY SNAPSHOT    167
TABLE 111    SHARP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    167
TABLE 112    SHARP CORPORATION: PRODUCT LAUNCHES    168
TABLE 113    SHARP CORPORATION: DEALS    168
TABLE 114    SHARP CORPORATION: OTHERS    169
11.1.7    JA SOLAR TECHNOLOGY CO. LTD.    170
TABLE 115    JA SOLAR TECHNOLOGY CO. LTD.: COMPANY OVERVIEW    170
TABLE 116    JA SOLAR TECHNOLOGY CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    170
TABLE 117    JA SOLAR TECHNOLOGY CO. LTD.: PRODUCT LAUNCHES    172
TABLE 118    JA SOLAR TECHNOLOGY CO. LTD.: DEALS    173
11.1.8    MIASOLE    174
TABLE 119    MIASOLE: COMPANY OVERVIEW    174
TABLE 120    MIASOLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    174
TABLE 121    MIASOLE: DEALS    175
TABLE 122    MIASOLE: OTHERS    175
11.1.9    AVANCIS GMBH    176
TABLE 123    AVANCIS GMBH: COMPANY OVERVIEW    176
TABLE 124    AVANCIS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    176
11.1.10    SOLBIAN    177
TABLE 125    SOLBIAN: COMPANY OVERVIEW    177
TABLE 126    SOLBIAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    177
TABLE 127    SOLBIAN: DEALS    178
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
11.2    OTHER PLAYERS    179
11.2.1    SOLARA    179
11.2.2    CUSTOM SOLAR BIPV PANELS – METSOLAR    180
11.2.3    ENECOM S.R.L.    181
11.2.4    TRONY SOLAR HOLDINGS CO. LTD.    182
11.2.5    NANOPV SOLAR INC.    183
11.2.6    QS SOLAR    183
11.2.7    HELIATEK    184
11.2.8    WUXI SUNTECH POWER CO., LTD.    185
11.2.9    JINKO SOLAR    186
11.2.10    TRINA SOLAR    187
11.2.11    PANASONIC CORPORATION    188
11.2.12    SOL VOLTAICS    189
11.2.13    TANDEM PV    189
11.2.14    EVOLAR    190
11.2.15    REC SOLAR HOLDINGS AS    190
12    APPENDIX    191
12.1    INSIGHTS FROM INDUSTRY EXPERTS    191
12.2    DISCUSSION GUIDE    192
12.3    KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    194
12.4    CUSTOMIZATION OPTIONS    196
12.5    RELATED REPORTS    196
12.6    AUTHOR DETAILS    197