薄膜太陽光発電市場 – 2029年までの世界予測

Thin-film Photovoltaic Market - Global Forecast To 2029

薄膜太陽光発電市場 - 材料 (テルル化カドミウム、セレン化銅インジウムガリウム、アモルファスシリコン、ペロブスカイト、有機 PV)、タイプ (リジッド、フレキシブル)、コンポーネント (モジュール、インバーター、BOS)、最終用途と地域別 - 2029年までの世界予測
Thin-Film Photovoltaic Market by Material (Cadmium Telluride, Copper Indium Gallium Selenide, Amorphous Silicon, Perovskite, and Organic PV), Type (Rigid, and Flexible), Component (Module, Inverter, and BOS), End Use & Region - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年8月
ページ数215
図表数240
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The thin-film photovoltaic market is projected to grow from USD 6.2 billion in 2024 and is expected to reach USD 12.4 billion by 2029, growing at a CAGR of 15.1% from 2024 to 2029.

薄膜太陽光発電市場は、2024 年の 62 億米ドルから成長し、2029 年までに 124 億米ドルに達すると予測されており、2024 年から 2029 年にかけて 15.1% の CAGR で成長します。

薄膜太陽光発電市場 - 2029年までの世界予測
Thin-film Photovoltaic Market

The flexible features of thin-film solar cells make them more suitable for a wide range of roof styles and shapes than rigid crystalline silicon panels. Moreover, some thin-film technologies are available in a range of colors, which may potentially enhance the aesthetic value of a home and eventually favor the market for thin-film photovoltaics in the residential sector.

薄膜太陽光発電市場 - 2029年までの世界予測 ecosystem
Thin-film Photovoltaic Market – Global Forecast To 2029

“Perovskite (CaTiO3) material segment of the thin-film photovoltaic market is expected to hold second-largest market share during the forecast period.”

Perovskite-structured materials used in solar cells are generally hybrid organic-inorganic lead or tin-halide materials, for example  Methylammonium Lead Halide. In past few years, continuous research and development have been conducted to commercialize perovskite. For instance, in February 2024, a team of researchers from China and the US summarized the commercialization status of several manufacturers, including Saule Technologies (Poland), Solaronix (Switzerland), Panasonic Holdings Corporation (Japan), Toshiba (Japan), Utmolight (Washington), Wonder Solar (China), Kunshan GCL (China), and Microquanta (China). Moreover, in February 2023, in France, the IPVF (Institut Photovoltaïque d’Ile-de-France), a solar institute partnered with a French manufacturer, Voltec Solar, to build a solar panel factory to produce Tandem 4T Perovskite/Silicon cells. The partners aim to start production in 2025 and ramp up capacity to 5 GW by 2030.

薄膜太陽光発電市場 - 2029年までの世界予測 ecosystem2
Thin-film Photovoltaic Market – Global Forecast To 2029 ecosystem

“In the end use segment of the thin-film photovoltaic market utilities is expected to hold largest market share during the forecast period.”

Large scale production facilities often require massive solar installations to meet their energy demands. Thin-film PV’s cost effectiveness and low installation costs are highly beneficial for the large scale production facilities. Thin-film PV’s generally leads to lower costs per watt compared to traditional crystalline silicon panels. These panels are generally lighter and more flexible, greatly improving the simplicity of installation processes that reduce labor costs for large-scale projects. Moreover, these panels perform better under high-temperature conditions, which has its advantage in many regions where a number of utility-scale solar projects are located.

“The US is expected to hold the largest market size in the North American region during the forecast period.”

During the forecast period, the US is expected to account for the largest share of the North American thin-film photovoltaic market. The growth of the US thin-film photovoltaic market is mainly driven by the increase in state and federal policies and programs boosting the adoption of PV modules and other renewable technologies. The country has formulated several supporting policies, such as the federal policy for solar energy generation and solar investment tax credit (ITC). These policies are also expected to help the regional market meet its national energy goals and enable high system efficiency and enhanced integration of renewable energy with solar systems. The Solar Energy Technologies Office (SETO) and National Renewable Energy Laboratory (NREL) are providing supportive policies and large-scale electrification to increase the solar energy supply to about 40% by 2035 and 45% by 2050.

  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C-level Executives – 35%, Managers –25%, and Others – 40%
  • By Region: North America –45%, Europe – 20%, Asia Pacific– 30%, and RoW – 5%
薄膜太陽光発電市場 - 2029年までの世界予測 region
Thin-film Photovoltaic Market – Global Forecast To 2029 region

The report profiles key players in the thin-film photovoltaic market with their respective market ranking analysis. Prominent players profiled in this report include KANEKA CORPORATION (Japan), Ascent Solar Technologies, Inc. (US), First Solar (US), Oxford Photovoltaics Ltd. (UK),  and Hanwha Qcells (South Korea). JA SOLAR Technology Co., Ltd. (China), SHARP CORPORATION (Japan), MiaSole (US), AVANCIS GmbH (Germany),  Solbian (Italy), SOLARA (Germany), Custom Solar BIPV Panels – MetSolar (Lithuania), Enecom S.r.l. (Italy), TRONY  (China),   NanoPV Solar Inc. (New Jersey), QS SOLAR (China), Heliatek (Germany), Wuxi Suntech Power Co., Ltd. (China), Jinko Solar (China), Trinasolar (China), Panasonic Holdings Corporation (Japan), Sol Voltaics (Sweden), Tandem PV, Inc. (US), SOLAR FRONTIER K.K. (Japan), and REC Solar Holdings AS (Norway) are among a few other key companies in the thin-film photovoltaic market.

Report Coverage

The report defines, describes, and forecasts the thin-film photovoltaic market based on By material, type, component, end use and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the thin-film photovoltaic market. It also analyzes competitive developments such as product launches, expansions, acquisitions, and actions carried out by the key players to grow in the market.

Reasons to Buy This Report

The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall thin-film photovoltaic market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, opportunities, and challenges.

The report will provide insights into the following pointers:

  • Analysis of key drivers (Rising government-led initiatives for thin-film solar cells), restraints (Availability of substitutes), opportunities (Ongoing technological/material developments in thin-film solar cell manufacturing s), and challenges (Rising adoption of traditional crystalline silicon solar cells in large-scale solar installations) of the thin-film photovoltaic market.
  • Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the thin-film photovoltaic market.
  • Market Development: Comprehensive information about lucrative markets; the report analyses the thin-film photovoltaic market across various regions.
  • Market Diversification: Exhaustive information about new products & services, recent developments, untapped geographies, and investments in the thin-film photovoltaic market.
  • Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like KANEKA CORPORATION (Japan), First Solar (US), Ascent Solar Technologies, Inc. (US), Oxford Photovoltaics Ltd. (UK), Hanwha Qcells (South Korea)  among others in the thin-film photovoltaic market.

Table of Contents

1            INTRODUCTION            22

1.1         STUDY OBJECTIVES      22

1.2         MARKET DEFINITION   22

1.2.1      INCLUSIONS & EXCLUSIONS     23

1.3         STUDY SCOPE  23

1.3.1      MARKET SEGMENTATION         23

1.3.2      GEOGRAPHIC SCOPE    24

1.4         YEARS CONSIDERED     24

1.5         CURRENCY CONSIDERED          25

1.6         UNIT CONSIDERED       25

1.7         LIMITATIONS   25

1.8         STAKEHOLDERS            25

1.9         SUMMARY OF CHANGES            26

2            RESEARCH METHODOLOGY     27

2.1         RESEARCH DATA           27

2.1.1      SECONDARY AND PRIMARY RESEARCH 28

2.1.2      SECONDARY DATA       30

2.1.2.1   Major secondary sources    30

2.1.2.2   Key data from secondary sources     30

2.1.3      PRIMARY DATA 31

2.1.3.1   Primary interviews with experts       31

2.1.3.2   Key data from primary sources         31

2.1.3.3   Key industry insights          32

2.1.3.4   Breakdown of primaries     32

2.2         MARKET SIZE ESTIMATION       33

2.2.1      BOTTOM-UP APPROACH           33

2.2.1.1   Approach to estimate market size using bottom-up analysis

(Supply Side)       33

2.2.2      TOP-DOWN APPROACH             34

2.2.2.1   Approach to estimate market size using top-down analysis

(Demand Side)    34

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    35

2.4         RESEARCH ASSUMPTIONS         36

2.5         RESEARCH LIMITATIONS           36

2.6         RISK ASSESSMENT         36

3            EXECUTIVE SUMMARY 37

4            PREMIUM INSIGHTS      40

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN

THIN-FILM PHOTOVOLTAIC MARKET  40

4.2         THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL   40

4.3         THIN-FILM PHOTOVOLTAIC MARKET, BY END USE       41

4.4         THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT            41

4.5         ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USER & COUNTRY         42

4.6         THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY    42

5            MARKET OVERVIEW     43

5.1         INTRODUCTION            43

5.2         MARKET DYNAMICS     43

5.2.1      DRIVERS            44

5.2.1.1   Rising government-led initiatives for thin-film solar cells           44

5.2.1.2   Growing adoption of thin-film solar cells in residential sector    44

5.2.1.3   Increasing investments in renewable energy  44

5.2.2      RESTRAINTS     45

5.2.2.1   Availability of substitutes   45

5.2.2.2   High installation cost and lack of skilled workforce for thin-film photovoltaic installations         45

5.2.3      OPPORTUNITIES           46

5.2.3.1   Integration of thin-film solar cells into windows, facades, and roofs          46

5.2.3.2   Ongoing technological/material developments in thin-film solar cell manufacturing     46

5.2.4      CHALLENGES   47

5.2.4.1   Growing popularity of traditional crystalline silicon solar cells in large-scale solar installations         47

5.3         VALUE CHAIN ANALYSIS            48

5.4         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       49

5.5         ECOSYSTEM ANALYSIS 50

5.6         PORTER’S FIVE FORCES ANALYSIS         51

5.6.1      INTENSITY OF COMPETITIVE RIVALRY 52

5.6.2      THREAT OF SUBSTITUTES         52

5.6.3      BARGAINING POWER OF BUYERS           52

5.6.4      BARGAINING POWER OF SUPPLIERS     53

5.6.5      THREAT OF NEW ENTRANTS    53

5.7         KEY STAKEHOLDERS AND BUYING CRITERIA    53

5.7.1      KEY STAKEHOLDERS IN BUYING PROCESS         53

5.7.2      BUYING CRITERIA         54

5.8         CASE STUDY ANALYSIS 55

5.8.1      INSTALLATION OF TRINASOLAR DUOMAX MODULES BY SHOGO SUGIURA HOUSE TO GENERATE POWER AND TRANSMIT LIGHT            55

5.8.2      DEPLOYMENT OF SOLAR ENERGY SOLUTIONS BY SOLAMERICA ENERGY             56

5.8.3      INSTALLATION OF AGRO-PHOTOVOLTAIC BY DOMESTIC FARMERS TO OVERCOME STRUGGLE OF KEEPING CROPS HEALTHY IN CHANGING CLIMATE CONDITIONS 56

5.9         INVESTMENT AND FUNDING SCENARIO            57

5.10       TECHNOLOGY ANALYSIS           57

5.10.1    COMPARISON OF VARIOUS TECHNOLOGIES IN PHOTOVOLTAIC ECOSYSTEM     57

5.10.2    KEY TECHNOLOGY       58

5.10.2.1 AI-powered solar panels    58

5.10.2.2 Building-integrated photovoltaics    58

5.10.3    COMPLEMENTARY TECHNOLOGY        59

5.10.3.1 Tandem solar cells             59

5.10.4    ADJACENT TECHNOLOGY         59

5.10.4.1 Flexible solar panels           59

5.11       TRADE ANALYSIS          59

5.11.1    IMPORT SCENARIO       59

5.11.2    EXPORT SCENARIO       60

5.12       PATENT ANALYSIS        61

5.13       TARIFF AND REGULATORY LANDSCAPE            65

5.13.1    TARIFF ANALYSIS          65

5.13.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS RELATED TO THIN-FILM PHOTOVOLTAICS  66

5.13.2.1 Regulations          67

5.13.2.2 Standards            67

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     71

5.15       PRICING ANALYSIS        72

5.15.1    INDICATIVE PRICING TRENDS  73

5.15.2    AVERAGE SELLING PRICE TREND, BY REGION  74

6            THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL   75

6.1         INTRODUCTION            76

6.2         CADMIUM TELLURIDE (CDTE) 77

6.2.1      LOW MANUFACTURING COST AND CARBON FOOTPRINT OFFERED BY CDTE SOLAR CELLS TO BOOST THEIR ADOPTION         77

6.3         AMORPHOUS SILICON (A-SI)     79

6.3.1      AMORPHOUS SILICON’S EXCELLENT PERFORMANCE IN LOW LIGHT DRIVES ITS POPULARITY           79

6.4         COPPER INDIUM GALLIUM SELENIDE (CIGS)    81

6.4.1      NEED FOR HIGHLY EFFICIENT THIN-FILM PHOTOVOLTAIC TECHNOLOGY TO DRIVE DEMAND FOR CIGS   81

6.5         PEROVSKITE (CATIO3) 83

6.5.1      PEROVSKITE OFFERS LOW COST, THIN DESIGN, LOW-TEMPERATURE PROCESSING CAPABILITIES, AND EXCELLENT LIGHT ABSORPTION FEATURES              83

6.5.1.1   All-perovskite tandem solar cell       84

6.5.1.2   Perovskite silicon tandem solar cell  84

6.6         ORGANIC PHOTOVOLTAIC (OPV)         85

6.6.1      HIGH ADOPTION OF OPV IN RESIDENTIAL SECTOR TO BOOST GROWTH          85

6.7         COPPER ZINC TIN SULFIDE (CZTS)        87

6.7.1      NON-TOXICITY AND LOW PRODUCTION COST ASSOCIATED WITH CZTS TO BOOST ITS DEMAND  87

6.8         QUANTUM DOT THIN-FILM SOLAR CELLS (QDSC)        87

6.8.1      INCREASING APPLICATION OF QDSC IN WEARABLE DEVICES TO BOOST DEMAND           87

6.9         ALL-SILICON TANDEM SOLAR CELLS    87

6.9.1      INTEGRATION OF ALL-SILICON TANDEM SOLAR CELLS INTO EXISTING SILICON SOLAR CELL MANUFACTURING PROCESSES TO BOOST GROWTH          87

7            THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT            89

7.1         INTRODUCTION            90

7.2         MODULE           91

7.2.1      PV MODULE TYPE         91

7.2.1.1   Power generated from PV systems is considered reliable, secure, affordable, and environmentally friendly    91

7.2.1.2   Organic photovoltaic (OPV) modules            92

7.2.1.3   Inorganic photovoltaic (IPV) modules           92

7.2.1.4   Hybrid photovoltaic modules           92

7.2.2      CELL TYPE        92

7.2.2.1   Cell types help convert sunlight into energy   92

7.3         INVERTER         93

7.3.1      INVERTERS CONVERT DIRECT CURRENT OF PV MODULES INTO GRID-COMPLIANT ALTERNATING CURRENT 93

7.4         BALANCE OF SYSTEM (BOS)      93

7.4.1      CONNECTION AND CABLE        94

7.4.1.1   Solar connections and cables connect components of circuits and serve as conduits where electricity travels     94

7.4.2      JUNCTION BOX 94

7.4.2.1   PV junction box protects solar panels with help of diodes           94

7.4.3      SAFETY EQUIPMENT    94

7.4.3.1   Safety equipment ensures safety of PV systems from harsh weather conditions              94

7.4.4      TRACKER          95

7.4.4.1   Solar trackers increase solar energy output by 40% more than standard panels              95

7.4.5      BATTERY           95

7.4.5.1   PV batteries accumulate excess energy created by PV systems used in remote applications         95

7.4.6      MONITORING SYSTEM 95

7.4.6.1   Monitoring and controlling of photovoltaic systems are essential to ensure reliable functioning of solar electric systems and warrant maximum yield             95

7.4.7      OTHERS             96

8            THIN-FILM PHOTOVOLTAIC MARKET, BY TYPE             97

8.1         INTRODUCTION            98

8.2         RIGID   99

8.2.1      INCREASING DEMAND FOR RIGID THIN-FILM PHOTOVOLTAICS DUE TO THEIR HIGH SUITABILITY FOR LARGE-SCALE INSTALLATIONS        99

8.3         FLEXIBLE          100

8.3.1      ADOPTION OF FLEXIBLE THIN-FILM PHOTOVOLTAICS DUE TO RANGE OF APPLICATIONS OFFERED TO BOOST GROWTH        100

9            THIN-FILM PHOTOVOLTAIC MARKET, BY END USE       101

9.1         INTRODUCTION            102

9.2         RESIDENTIAL   103

9.2.1      GOVERNMENT-LED SUBSIDIARIES AND INCENTIVES TO INCREASE ADOPTION OF PV SYSTEMS IN RESIDENCES      103

9.3         COMMERCIAL & INDUSTRIAL   105

9.3.1      GROWING USE OF HYBRID PV SYSTEMS IN COMMERCIAL AND INDUSTRIAL FACILITIES TO BOOST DEMAND  105

9.4         UTILITY             107

9.4.1      RISING NEED FOR RELIABLE AND CONSISTENT ELECTRICITY SOURCES ACROSS UTILITIES TO SPUR GROWTH            107

10          THIN-FILM PHOTOVOLTAIC MARKET, BY REGION        110

10.1       INTRODUCTION            111

10.2       NORTH AMERICA          112

10.2.1    US         115

10.2.1.1 Development of state and federal policies and programs to drive adoption of photovoltaic modules         115

10.2.2    CANADA            116

10.2.2.1 Abundance of solar energy and large installation areas to support growth of thin-film photovoltaic market    116

10.2.3    MEXICO             117

10.2.3.1 Booming solar energy industry to aid growth and development of thin-film photovoltaic market           117

10.3       EUROPE             118

10.3.1    UK         121

10.3.1.1 Increase in installation of PV systems to reap solar resource benefits        121

10.3.2    GERMANY         122

10.3.2.1 Declining cost of PV modules and growth in R&D projects related to solar cells to boost growth        122

10.3.3    FRANCE             123

10.3.3.1 Increasing collaborations between solar technology providers and government to boost country’s PV installation capacity         123

10.3.4    ITALY   124

10.3.4.1 Rising number of utility-scale PV installations to spur market demand     124

10.3.5    RUSSIA 124

10.3.5.1 Increasing R&D related to thin-film photovoltaics to boost market growth              124

10.3.6    REST OF EUROPE           125

10.4       ASIA PACIFIC    126

10.4.1    CHINA  129

10.4.1.1 Growing demand for next-generation solar cells to boost market growth  129

10.4.2    JAPAN  130

10.4.2.1 Rising focus on reducing greenhouse gas (GHG) emissions to drive demand for thin-film photovoltaics      130

10.4.3    INDIA   131

10.4.3.1 Government-led initiatives to develop next-generation solar cells to propel market expansion            131

10.4.4    AUSTRALIA       132

10.4.4.1 Growing demand from residential sector to spur expansion of thin-film photovoltaic market           132

10.4.5    REST OF ASIA PACIFIC  133

10.5       REST OF THE WORLD (ROW)    134

10.5.1    GCC      135

10.5.1.1 Rapid industrialization to boost demand for and adoption of thin-film photovoltaics       135

10.5.2    SOUTH AMERICA           136

10.5.2.1 Rising R&D in perovskite solar cells to boost their adoption in thin-film photovoltaics       136

10.5.3    REST OF MIDDLE EAST & AFRICA           137

10.5.3.1 Rising focus on growth of solar power and EV charging infrastructure to propel market   137

11          COMPETITIVE LANDSCAPE       139

11.1       OVERVIEW        139

11.2       STRATEGIES ADOPTED BY MAJOR PLAYERS      139

11.3       REVENUE ANALYSIS      141

11.4       MARKET SHARE ANALYSIS         141

11.5       COMPANY VALUATION AND FINANCIAL METRICS OF KEY PLAYERS              144

11.6       BRAND/PRODUCT COMPARATIVE ANALYSIS    145

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   146

11.7.1    STARS  146

11.7.2    EMERGING LEADERS    146

11.7.3    PERVASIVE PLAYERS     146

11.7.4    PARTICIPANTS 146

11.7.5    COMPANY FOOTPRINT 148

11.7.5.1 Company footprint            148

11.7.5.2 Material footprint 149

11.7.5.3 Type footprint     150

11.7.5.4 Component footprint         151

11.7.5.5 End use footprint 152

11.7.5.6 Regional footprint              153

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          154

11.8.1    PROGRESSIVE COMPANIES       154

11.8.2    RESPONSIVE COMPANIES          154

11.8.3    DYNAMIC COMPANIES 154

11.8.4    STARTING BLOCKS       154

11.8.5    COMPETITIVE BENCHMARKING            156

11.8.5.1 Competitive benchmarking of key startups/SMEs        156

11.9       COMPETITIVE SCENARIO & TRENDS     158

11.9.1    PRODUCT LAUNCHES  158

11.9.2    DEALS  158

11.9.3    OTHERS             160

12          COMPANY PROFILES    161

12.1       KEY PLAYERS   161

12.1.1    FIRST SOLAR    161

12.1.1.1 Business overview 161

12.1.1.2 Products/Solutions/Services offered 163

12.1.1.3 Recent developments         163

12.1.1.3.1            Deals     163

12.1.1.3.2            Others   164

12.1.1.4 MnM view           165

12.1.1.4.1            Key strengths/Right to win 165

12.1.1.4.2            Strategic choices  165

12.1.1.4.3            Weaknesses/Competitive threats     165

12.1.2    KANEKA CORPORATION            166

12.1.2.1 Business overview 166

12.1.2.2 Products/Solutions/Services offered 168

12.1.2.3 Recent developments         168

12.1.2.3.1            Deals     168

12.1.2.4 MnM view           168

12.1.2.4.1            Key strengths/Right to win 168

12.1.2.4.2            Strategic choices  168

12.1.2.4.3            Weaknesses/Competitive threats     169

12.1.3    ASCENT SOLAR TECHNOLOGIES, INC.  170

12.1.3.1 Business overview 170

12.1.3.2 Products/Solutions/Services offered 171

12.1.3.3 Recent developments         171

12.1.3.3.1            Product launches 171

12.1.3.3.2            Deals     172

12.1.3.4 MnM view           173

12.1.3.4.1            Key strengths/Right to win 173

12.1.3.4.2            Strategic choices  173

12.1.3.4.3            Weaknesses/Competitive threats     173

12.1.4    OXFORD PHOTOVOLTAICS LTD.           174

12.1.4.1 Business overview 174

12.1.4.2 Products/Solutions/Services offered 174

12.1.4.3 Recent developments         175

12.1.4.3.1            Deals     175

12.1.4.3.2            Others   175

12.1.4.4 MnM view           176

12.1.4.4.1            Key strengths/Right to win 176

12.1.4.4.2            Strategic choices  176

12.1.4.4.3            Weaknesses/Competitive threats     176

12.1.5    HANWHA QCELLS         177

12.1.5.1 Business overview 177

12.1.5.2 Products/Solutions/Services offered 177

12.1.5.3 Recent developments         178

12.1.5.3.1            Product launches 178

12.1.5.3.2            Deals     178

12.1.5.3.3            Others   179

12.1.5.4 MnM view           180

12.1.5.4.1            Key strengths/Right to win 180

12.1.5.4.2            Strategic choices  180

12.1.5.4.3            Weaknesses/Competitive threats     180

12.1.6    SHARP CORPORATION 181

12.1.6.1 Business overview 181

12.1.6.2 Products/Solutions/Services offered 183

12.1.6.3 Recent developments         183

12.1.6.3.1            Product launches 183

12.1.6.3.2            Others   184

12.1.7    JA SOLAR TECHNOLOGY CO., LTD.        185

12.1.7.1 Business overview 185

12.1.7.2 Products/Solutions/Services offered 185

12.1.7.3 Recent developments         187

12.1.7.3.1            Product launches 187

12.1.7.3.2            Deals     187

12.1.8    MIASOLE           188

12.1.8.1 Business overview 188

12.1.8.2 Products/Solutions/Services offered 188

12.1.8.3 Recent developments         189

12.1.8.3.1            Deals     189

12.1.9    AVANCIS GMBH             190

12.1.9.1 Business overview 190

12.1.9.2 Products/Solutions/Services offered 190

12.1.9.3 Recent developments         191

12.1.9.3.1            Others   191

12.1.10  SOLBIAN            192

12.1.10.1             Business overview 192

12.1.10.2             Products/Solutions/Services offered 192

12.2       OTHER PLAYERS           193

12.2.1    SOLARA             193

12.2.2    CUSTOM SOLAR BIPV PANELS – METSOLAR      194

12.2.3    ENECOM S.R.L. 195

12.2.4    TRONY 196

12.2.5    NANOPV SOLAR INC.     197

12.2.6    QS SOLAR          198

12.2.7    HELIATEK         199

12.2.8    WUXI SUNTECH POWER CO., LTD.         200

12.2.9    JINKO SOLAR    201

12.2.10  TRINASOLAR    202

12.2.11  PANASONIC HOLDINGS CORPORATION            203

12.2.12  SOL VOLTAICS 204

12.2.13  TANDEM PV, INC.          205

12.2.14  SOLAR FRONTIER K.K.  206

12.2.15  REC SOLAR HOLDINGS AS         207

13          APPENDIX         208

13.1       DISCUSSION GUIDE      208

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             211

13.3       CUSTOMIZATION OPTIONS      213

13.4       RELATED REPORTS       213

13.5       AUTHOR DETAILS         214

LIST OF TABLES

TABLE 1             USD EXCHANGE RATES, 2020–2022         25

TABLE 2             ROLE OF COMPANIES IN ECOSYSTEM   50

TABLE 3             THIN-FILM PHOTOVOLTAIC MARKET: PORTER’S FIVE FORCES ANALYSIS          51

TABLE 4             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES  54

TABLE 5             KEY BUYING CRITERIA FOR KEY END USES        55

TABLE 6             TECHNOLOGIES USED IN SOLAR CELL ECOSYSTEM      57

TABLE 7             IMPORT DATA, BY COUNTRY, 2019–2023 (USD THOUSAND)              60

TABLE 8             EXPORT DATA, BY COUNTRY, 2019–2023 (USD THOUSAND)              61

TABLE 9             PATENT REGISTRATIONS RELATED TO THIN-FILM PHOTOVOLTAIC MARKET         61

TABLE 10           TARIFF FOR HS CODE: 8541 EXPORTED BY VIETNAM, 2023              65

TABLE 11           TARIFF FOR HS CODE: 8541 EXPORTED BY PHILIPPINES, 2023              65

TABLE 12           TARIFF FOR HS CODE: 8541 EXPORTED BY UAE, 2023     66

TABLE 13           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 68

TABLE 14           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69

TABLE 15           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         69

TABLE 16           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         70

TABLE 17           THIN-FILM PHOTOVOLTAIC MARKET: KEY CONFERENCES AND EVENTS,

2024–2025          71

TABLE 18           INDICATIVE PRICING TRENDS FOR 300-335 WATT PHOTOVOLTAIC MODULES (USD)        73

TABLE 19           THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2020–2023 (USD MILLION)     76

TABLE 20           THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2024–2029 (USD MILLION)     77

TABLE 21           THIN-FILM PHOTOVOLTAIC MARKET, 2020–2023 (VALUE AND VOLUME)          77

TABLE 22           THIN-FILM PHOTOVOLTAIC MARKET, 2024–2029 (VALUE AND VOLUME)          77

TABLE 23           CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)           78

TABLE 24           CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)           78

TABLE 25           CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)            78

TABLE 26           CADMIUM TELLURIDE (CDTE): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)            79

TABLE 27           AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)           80

TABLE 28           AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)           80

TABLE 29           AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)            81

TABLE 30           AMORPHOUS SILICON (A-SI): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)            81

TABLE 31           COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)        82

TABLE 32           COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)        82

TABLE 33           COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)         82

TABLE 34           COPPER INDIUM GALLIUM SELENIDE (CIGS): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)         83

TABLE 35           PEROVSKITE (CATIO3): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2025–2029 (USD MILLION)          84

TABLE 36           PEROVSKITE (CATIO3): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION,

2025–2029 (USD MILLION)          84

TABLE 37           ORGANIC PHOTOVOLTAIC (OPV): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)        85

TABLE 38           ORGANIC PHOTOVOLTAIC (OPV): THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)        86

TABLE 39           ORGANIC PHOTOVOLTAIC (OPV): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)         86

TABLE 40           ORGANIC PHOTOVOLTAIC (OPV): THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)         86

TABLE 41           THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT, 2020–2023 (USD MILLION)     90

TABLE 42           THIN-FILM PHOTOVOLTAIC MARKET, BY COMPONENT, 2024–2029 (USD MILLION)     90

TABLE 43           THIN-FILM PHOTOVOLTAIC MARKET, BY TYPE, 2020–2023 (USD MILLION) 98

TABLE 44           THIN-FILM PHOTOVOLTAIC MARKET, BY TYPE, 2024–2029 (USD MILLION) 98

TABLE 45           RIGID: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          99

TABLE 46           RIGID: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          99

TABLE 47           FLEXIBLE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          100

TABLE 48           FLEXIBLE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          100

TABLE 49           THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION) 102

TABLE 50           THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION) 102

TABLE 51           RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          104

TABLE 52           RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          104

TABLE 53           RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION,

2020–2023 (USD MILLION)          104

TABLE 54           RESIDENTIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION,

2024–2029 (USD MILLION)          105

TABLE 55           COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2020–2023 (USD MILLION)        106

TABLE 56           COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL, 2024–2029 (USD MILLION)        106

TABLE 57           COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)            106

TABLE 58           COMMERCIAL & INDUSTRIAL: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)            107

TABLE 59           UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          108

TABLE 60           UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          108

TABLE 61           UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION,

2020–2023 (USD MILLION)          108

TABLE 62           UTILITY: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION,

2024–2029 (USD MILLION)          109

TABLE 63           THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION) 111

TABLE 64           THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION) 112

TABLE 65           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          113

TABLE 66           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          114

TABLE 67           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)        114

TABLE 68           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          114

TABLE 69           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          114

TABLE 70           NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          115

TABLE 71           US: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)     115

TABLE 72           US: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)     116

TABLE 73           CANADA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          116

TABLE 74           CANADA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          117

TABLE 75           MEXICO: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          117

TABLE 76           MEXICO: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          117

TABLE 77           EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          119

TABLE 78           EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          120

TABLE 79           EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          120

TABLE 80           EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          120

TABLE 81          EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          120

TABLE 82          EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          121

TABLE 83           UK: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2020–2023 (USD MILLION)     121

TABLE 84           UK: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE, 2024–2029 (USD MILLION)     122

TABLE 85          GERMANY: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          122

TABLE 86          GERMANY: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          123

TABLE 87           FRANCE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          123

TABLE 88           FRANCE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          123

TABLE 89           ITALY: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          124

TABLE 90           ITALY: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          124

TABLE 91           RUSSIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          125

TABLE 92           RUSSIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          125

TABLE 93           REST OF EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          125

TABLE 94           REST OF EUROPE: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          126

TABLE 95           ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          127

TABLE 96           ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          128

TABLE 97           ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          128

TABLE 98           ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          128

TABLE 99           ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          129

TABLE 100         ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          129

TABLE 101         CHINA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          130

TABLE 102         CHINA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          130

TABLE 103         JAPAN: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          131

TABLE 104         JAPAN: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          131

TABLE 105         INDIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          131

TABLE 106         INDIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          132

TABLE 107         AUSTRALIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          132

TABLE 108         AUSTRALIA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          132

TABLE 109         REST OF ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          133

TABLE 110         REST OF ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          133

TABLE 111         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2020–2023 (USD MILLION)     134

TABLE 112         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY REGION, 2024–2029 (USD MILLION)     134

TABLE 113         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          134

TABLE 114         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          135

TABLE 115         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2020–2023 (USD MILLION)          135

TABLE 116         ROW: THIN-FILM PHOTOVOLTAIC MARKET, BY MATERIAL,

2024–2029 (USD MILLION)          135

TABLE 117         GCC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          136

TABLE 118         GCC: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          136

TABLE 119         SOUTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2020–2023 (USD MILLION)          137

TABLE 120         SOUTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET, BY END USE,

2024–2029 (USD MILLION)          137

TABLE 121         REST OF MIDDLE EAST & AFRICA: THIN-FILM PHOTOVOLTAIC MARKET,

BY END USE, 2020–2023 (USD MILLION) 138

TABLE 122         REST OF MIDDLE EAST & AFRICA: THIN FILM PHOTOVOLTAIC MARKET,

BY END USE, 2024–2029 (USD MILLION) 138

TABLE 123         THIN-FILM PHOTOVOLTAIC MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS            139

TABLE 124         THIN-FILM PHOTOVOLTAIC MARKET: DEGREE OF COMPETITION 142

TABLE 125         THIN-FILM PHOTOVOLTAIC MARKET: MATERIAL FOOTPRINT              149

TABLE 126         THIN-FILM PHOTOVOLTAIC MARKET: TYPE FOOTPRINT              150

TABLE 127         THIN-FILM PHOTOVOLTAIC MARKET: COMPONENT FOOTPRINT      151

TABLE 128         THIN-FILM PHOTOVOLTAIC MARKET: END USE FOOTPRINT              152

TABLE 129         THIN-FILM PHOTOVOLTAIC MARKET: REGIONAL FOOTPRINT              153

TABLE 130         THIN-FILM PHOTOVOLTAIC MARKET: COMPETITIVE

BENCHMARKING OF KEY STARTUPS/SMES        156

TABLE 131         THIN-FILM PHOTOVOLTAIC MARKET: LIST OF KEY STARTUPS/SMES           157

TABLE 132         THIN-FILM PHOTOVOLTAIC MARKET: PRODUCT LAUNCHES,

JANUARY 2021–JUNE 2024           158

TABLE 133         THIN-FILM PHOTOVOLTAIC MARKET: DEALS, JANUARY 2021–JUNE 2024          158

TABLE 134         THIN-FILM PHOTOVOLTAIC MARKET: OTHERS, JANUARY 2021–JUNE 2024 160

TABLE 135         FIRST SOLAR: COMPANY OVERVIEW     161

TABLE 136         FIRST SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED              163

TABLE 137         FIRST SOLAR: DEALS    163

TABLE 138         FIRST SOLAR: OTHERS 164

TABLE 139         KANEKA CORPORATION: COMPANY OVERVIEW             166

TABLE 140         KANEKA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          168

TABLE 141         KANEKA CORPORATION: DEALS            168

TABLE 142         ASCENT SOLAR TECHNOLOGIES, INC.: COMPANY OVERVIEW              170

TABLE 143         ASCENT SOLAR TECHNOLOGIES, INC.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED   171

TABLE 144         ASCENT SOLAR TECHNOLOGIES, INC.: PRODUCT LAUNCHES              171

TABLE 145         ASCENT SOLAR TECHNOLOGIES, INC.: DEALS  172

TABLE 146         OXFORD PHOTOVOLTAICS LTD.: COMPANY OVERVIEW              174

TABLE 147         OXFORD PHOTOVOLTAICS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   174

TABLE 148         OXFORD PHOTOVOLTAICS LTD.: DEALS           175

TABLE 149         OXFORD PHOTOVOLTAICS LTD.: OTHERS        175

TABLE 150         HANWHA QCELLS: COMPANY OVERVIEW          177

TABLE 151         HANWHA QCELLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          177

TABLE 152         HANWHA QCELLS: PRODUCT LAUNCHES          178

TABLE 153         HANWHA QCELLS: DEALS          178

TABLE 154         HANWHA QCELLS: OTHERS      179

TABLE 155         SHARP CORPORATION: COMPANY OVERVIEW  181

TABLE 156         SHARP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          183

TABLE 157         SHARP CORPORATION: PRODUCT LAUNCHES 183

TABLE 158         SHARP CORPORATION: OTHERS            184

TABLE 159         JA SOLAR TECHNOLOGY CO., LTD.: COMPANY OVERVIEW              185

TABLE 160         JA SOLAR TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   185

TABLE 161         JA SOLAR TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES              187

TABLE 162         JA SOLAR TECHNOLOGY CO., LTD.: DEALS        187

TABLE 163         MIASOLE: COMPANY OVERVIEW            188

TABLE 164         MIASOLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              188

TABLE 165         MIASOLE: DEALS           189

TABLE 166         AVANCIS GMBH: COMPANY OVERVIEW 190

TABLE 167         AVANCIS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              190

TABLE 168         AVANCIS GMBH: OTHERS          191

TABLE 169         SOLBIAN: COMPANY OVERVIEW            192

TABLE 170         SOLBIAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED              192

TABLE 171         SOLARA: COMPANY OVERVIEW 193

TABLE 172         CUSTOM SOLAR BIPV PANELS – METSOLAR: COMPANY OVERVIEW        194

TABLE 173         ENECOM S.R.L.: COMPANY OVERVIEW  195

TABLE 174         TRONY: COMPANY OVERVIEW 196

TABLE 175         NANOPV SOLAR INC.: COMPANY OVERVIEW     197

TABLE 176         QS SOLAR: COMPANY OVERVIEW          198

TABLE 177         HELIATEK: COMPANY OVERVIEW          199

TABLE 178         WUXI SUNTECH POWER CO., LTD.: COMPANY OVERVIEW              200

TABLE 179         JINKO SOLAR: COMPANY OVERVIEW    201

TABLE 180         TRINASOLAR: COMPANY OVERVIEW     202

TABLE 181         PANASONIC CORPORATION: COMPANY OVERVIEW      203

TABLE 182         SOL VOLTAICS: COMPANY OVERVIEW  204

TABLE 183         TANDEM PV, INC.: COMPANY OVERVIEW           205

TABLE 184         SOLAR FRONTIER K.K.: COMPANY OVERVIEW   206

TABLE 185         REC SOLAR HOLDINGS AS: COMPANY OVERVIEW          207

LIST OF FIGURES

FIGURE 1           RESEARCH DESIGN       27

FIGURE 2           RESEARCH DATA           29

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE):

REVENUE FROM PRODUCTS OFFERED 33

FIGURE 4           THIN-FILM PHOTOVOLTAIC MARKET: BOTTOM-UP APPROACH       34

FIGURE 5           THIN-FILM PHOTOVOLTAIC MARKET: TOP-DOWN APPROACH       35

FIGURE 6           DATA TRIANGULATION             35

FIGURE 7           PEROVSKITE (CATIO3) SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD     37

FIGURE 8           MODULE SEGMENT TO GROW AT HIGHEST RATE BETWEEN 2024 AND 2029  38

FIGURE 9           UTILITY SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD     38

FIGURE 10         ASIA PACIFIC TO BE LUCRATIVE MARKET IN 2024          39

FIGURE 11         INCREASING ADOPTION OF THIN-FILM PHOTOVOLTAICS FOR RANGE OF UTILITIES TO DRIVE GLOBAL MARKET 40

FIGURE 12         PEROVSKITE (CATIO3) SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD         40

FIGURE 13         UTILITY SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD       41

FIGURE 14         MODULE SEGMENT TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD       41

FIGURE 15         RESIDENTIAL SEGMENT AND CHINA TO ACCOUNT FOR

SIGNIFICANT SHARE IN 2024     42

FIGURE 16         CHINA TO EXHIBIT HIGHEST GROWTH DURING FORECAST PERIOD              42

FIGURE 17         THIN-FILM PHOTOVOLTAIC MARKET DYNAMICS         43

FIGURE 18         THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF DRIVERS            45

FIGURE 19         THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF RESTRAINTS     46

FIGURE 20         THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           47

FIGURE 21         THIN-FILM PHOTOVOLTAIC MARKET: IMPACT ANALYSIS OF CHALLENGES   47

FIGURE 22         VALUE CHAIN  48

FIGURE 23         REVENUE SHIFT AND NEW REVENUE POCKETS FOR THIN-FILM PHOTOVOLTAIC MARKET PLAYERS          49

FIGURE 24         ECOSYSTEM OF THIN-FILM PHOTOVOLTAIC MARKET 50

FIGURE 25         PORTER’S FIVE FORCES ANALYSIS         52

FIGURE 26         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES  53

FIGURE 27         KEY BUYING CRITERIA FOR TOP THREE END USES        54

FIGURE 28        INVESTMENT AND FUNDING SCENARIO FOR STARTUPS/SMES, 2020–2023          57

FIGURE 29         IMPORT DATA FOR HS CODE 854140, BY COUNTRY, 2019–2023              59

FIGURE 30         EXPORT DATA FOR HS CODE 854140, BY COUNTRY, 2019–2023              60

FIGURE 31         NUMBER OF PATENTS APPLIED AND GRANTED FOR THIN-FILM

PHOTOVOLTAICS, 2013–2023    64

FIGURE 32         INDICATIVE PRICING TREND OF 300-335 WATT PHOTOVOLTAIC MODULES (USD)        73

FIGURE 33         AVERAGE SELLING PRICE TREND OF CADMIUM TELLURIDE (CDTE), BY REGION, 2020–2023 (USD)    74

FIGURE 34         PEROVSKITE (CATIO3) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD        76

FIGURE 35         RESIDENTIAL SEGMENT TO ACCOUNT FOR LARGEST SIZE IN AMORPHOUS SILICON (A-SI) MARKET DURING FORECAST PERIOD       80

FIGURE 36         ASIA PACIFIC TO REGISTER HIGHEST GROWTH IN ORGANIC

PHOTOVOLTAIC (OPV) SEGMENT DURING FORECAST PERIOD             85

FIGURE 37         INVERTER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       90

FIGURE 38         RIGID SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              98

FIGURE 39         UTILITY SEGMENT TO DOMINATE THIN-FILM PHOTOVOLTAIC MARKET IN 2024         102

FIGURE 40         THIN-FILM PHOTOVOLTAIC MARKET: GEOGRAPHIC SNAPSHOT        111

FIGURE 41         NORTH AMERICA: THIN-FILM PHOTOVOLTAIC MARKET SNAPSHOT        113

FIGURE 42         EUROPE: THIN-FILM PHOTOVOLTAIC MARKET SNAPSHOT              119

FIGURE 43         ASIA PACIFIC: THIN-FILM PHOTOVOLTAIC MARKET SNAPSHOT        127

FIGURE 44         REVENUE ANALYSIS OF TOP PLAYERS IN THIN-FILM PHOTOVOLTAIC MARKET, 2021–2023    141

FIGURE 45         THIN-FILM PHOTOVOLTAIC MARKET SHARE ANALYSIS              142

FIGURE 46         COMPANY VALUATION, 2024    144

FIGURE 47         EV/EBITDA OF KEY PLAYERS, 2024         144

FIGURE 48         THIN-FILM PHOTOVOLTAIC MARKET: TOP TRENDING BRAND/PRODUCTS      145

FIGURE 49         THIN-FILM PHOTOVOLTAIC MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      147

FIGURE 50         THIN-FILM PHOTOVOLTAIC MARKET: COMPANY FOOTPRINT              148

FIGURE 51         THIN-FILM PHOTOVOLTAIC MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 155

FIGURE 52         FIRST SOLAR: COMPANY SNAPSHOT     162

FIGURE 53         KANEKA CORPORATION: COMPANY SNAPSHOT            167

FIGURE 54         ASCENT SOLAR TECHNOLOGIES, INC.: COMPANY SNAPSHOT              170

FIGURE 55         SHARP CORPORATION: COMPANY SNAPSHOT 182