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Thin Film Solar Cells Market Share

  • Report ID: GMI1092
  • Published Date: Jan 2023
  • Report Format: PDF
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Thin Film Solar Cells Market Share

The competitive landscape of the thin film solar cells market comprises companies such as

  • SOLARA GmbH
  • Flisom
  • Toledo Solar
  • Trony Solar Holdings Co. Ltd.
  • MiaSolé
  • Hanergy Holding Group Ltd.
  • Oxford Photovoltaics Ltd.
  • Ascent Solar Technologies, Inc.
  • First Solar

These firms are incorporating strategies such as collaborations and product range expansions to gain a competitive edge in the global industry.
 

For instance, in December 2022, First Solar inked an agreement with National Grid Renewables for the supply of 1.6-GW DC of its CadTel technology-powered Series 7 thin film modules between 2026 and 2027. This agreement was part of its commitment toward solar technology for near-term projects, thereby enabling the companies to establish a strong footprint in the industry.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of thin film solar cells crossed USD 2.3 billion in 2023 and is anticipated to register nearly 8.7% gains through 2032, given the increasing reliance on renewable energy for electricity generation.

The cadmium telluride (CDTE) component segment is slated to exhibit over 9.5% CAGR between 2023 and 2032, considering the high absorption rate, among other attributes.

Europe industry held over 27% of the revenue share in 2022, as a result of the strong focus on emission reduction to achieve carbon neutrality.

Prominent companies functioning in the global industry include SOLARA GmbH, Toledo Solar, Trony Solar Holdings Co. Ltd., Hanergy Holding Group Ltd., Oxford Photovoltaics Ltd., Ascent Solar Technologies, Inc., and First Solar, among others.

Thin Film Solar Cell Market Scope

  • Thin Film Solar Cell Market Size
  • Thin Film Solar Cell Market Analysis
  • Thin Film Solar Cell Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 9
    • Tables & Figures: 434
    • Countries covered: 11
    • Pages: 240
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