A recent report published by Infinium Global Research on thin film solar cell market provides in depth analysis of segments and sub-segments in global as well as regional markets of thin film solar cell market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of thin film solar cell over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global thin film solar cell market. According to report the global thin film solar cell market is projected to grow at a CAGR of 18.4% over the forecast period of 2017 - 2023.
Figure 1: Global Thin Film Solar Cell Market by Value 2017 - 2023
The report on global thin film solar cell market covers segments such as installation, type, and end user. The installation segments include on-grid, and off-grid. On the basis of type the global thin film solar cell market is categorized into amorphous thin-film silicon, cadmium telluride (CDTE), and copper indium gallium diselenide (CIGS). Furthermore, on the basis of end user the thin film solar cell market is segmented as utility, residential, and commercial.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Thin Film Solar Cell Market by Region, CAGR %, 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
The report provides profiles of the companies in the global thin film solar cell market such as, Hankey Asia Ltd., Kaneka Corporation, Oxford Photovoltaics, Xunlight Kunshan Co. Ltd., Ascent Solar Technologies Inc., Miasole Hi-Tech Corp., Mitsubishi Electric Us, Inc., Global Solar, Inc., First Solar, and Trony Solar.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global thin film solar cell market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of thin film solar cell market.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the thin film solar cell market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the thin film solar cell market to understand the present and future trends in this market and formulate their strategies accordingly.
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