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Perovskite Solar Cells Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Perovskite Solar Cells Market By Product Type (Hybrid PSCs, Flexible PSCs, Multi-junction PSCs); By Module Type (Rigid Module, Flexible Module); By Structure (Planar Perovskite Solar Cells, Mesoporous Perovskite Solar Cells); By Application (Smart Glass, BIPV, Power Station, Defence and Aerospace, Transportation and Mobility, Consumer Electronics (Portable Devices), Utilities (Building Integrated PVs), Off-Grid Applications, Other) -Market Size, Industry Dynamics, and Opportunity Forecast To 2027

  • Published On: 29-Oct-2021  |  Format: pdfpowerpointexcel  |  Report ID: AA1021100
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Perovskite Solar Cells Market

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FREQUENTLY ASKED QUESTIONS

The market size of Perovskite Solar Cell in 2020 was US$ 352.2 Million. 

The report provides market analysis for the forecast period (2021 – 2027), wherein 2020 is the base year and 2017 to 2019 are the historic years. 

The market is estimated to grow at CAGR of 28.7% by 2027.

Companies like Alfa Aesar, BASF, Swift Solar, GCL Sozhou Nanotechology are some of the key companies involved in manufacturing of perovskite solar cells.

As per the study, many companies involved in commercial use of perovskite solar cells claims that perovskite solar cells initial efficiency is around 24%.

Growing demand for environmentally friendly energy and technological advancement is playing core role in recovering COVID-19 pandemic impact. Hence, with slight dip during peak of the pandemic, the market is growing positively. 

Consumer Electronic Industry has the highest demand for perovskite solar cells with revenue of US$ 37 million in 2020.

Lead from perovskite can pour into ground and infiltrate plants. Lead poisoning can disrupt the food chain and can cause various health problems.

Jinkosolar and Alfa Aesar holds the highest share for Perovskite Solar Cells in the market with cumulative share of 17%, there are also other companies like Oxford PV, GCL, Hubei Wonder Solar, Jinkosolar, Swift Solar and Merck. The CR4 ratio of top four major players in the market is 29.7%.

Asia-Pacific segment holds the highest market share of 57% in 2020.

The Global Perovskite Solar Cells Market is forecast to record a revenue of US$ 2,012.7 Mn by the year 2027.

Jinkosolar holds the highest market share of 9.50% in 2020.

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