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Perovskite Solar Cell Market

Global Perovskite Solar Cell Market Size, Share, Analysis: By Structure: Planar Perovskite Solar Cells, Mesoporous Perovskite Solar Cells; By Product: Rigid Perovskite Solar Cells, Flexible Perovskite Solar Cells; By Method: Solution Method, Others; By End Use; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Perovskite Solar Cell Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Perovskite Solar Cell Historical Market (2018-2023) 
    8.3    Global Perovskite Solar Cell Market Forecast (2024-2032)
    8.4    Global Perovskite Solar Cell Market by Structure
        8.4.1    Planar Perovskite Solar Cells 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Mesoporous Perovskite Solar Cells 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Perovskite Solar Cell Market by Product 
        8.5.1    Rigid Perovskite Solar Cells 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Flexible Perovskite Solar Cells 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Perovskite Solar Cell Market by Method
        8.6.1    Solution Method 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Vapour-Deposition Method 
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Vapour-Assisted Solution Method
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend 2024-2032)
    8.7    Global Perovskite Solar Cell Market by End Use
        8.7.1    Aerospace 
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Industrial Automation
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Consumer Electronics 
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend 2024-2032)
        8.7.4    Energy
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Others
    8.8    Global Perovskite Solar Cell Market by Region
        8.8.1    North America
        8.8.2    Europe
        8.8.3    Asia Pacific
        8.8.4    Latin America
        8.8.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Oxford PV 
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Greatcell Energy Pty Ltd
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Saule Technologies 
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Swift Solar Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Hubei Wonder Solar LLC 
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Perovskite Solar Cell Market: Key Industry Highlights, 2018 and 2032
2.    Global Perovskite Solar Cell Historical Market: Breakup by Structure (USD Million), 2018-2023
3.    Global Perovskite Solar Cell Market Forecast: Breakup by Structure (USD Million), 2024-2032
4.    Global Perovskite Solar Cell Historical Market: Breakup by Product (USD Million), 2018-2023
5.    Global Perovskite Solar Cell Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    Global Perovskite Solar Cell Historical Market: Breakup by Method (USD Million), 2018-2023
7.    Global Perovskite Solar Cell Market Forecast: Breakup by Method (USD Million), 2024-2032
8.    Global Perovskite Solar Cell Historical Market: Breakup by End Use (USD Million), 2018-2023
9.    Global Perovskite Solar Cell Market Forecast: Breakup by End Use (USD Million), 2024-2032
10.    Global Perovskite Solar Cell Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Perovskite Solar Cell Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Perovskite Solar Cell Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Perovskite Solar Cell Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Perovskite Solar Cell Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Perovskite Solar Cell Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Perovskite Solar Cell Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Perovskite Solar Cell Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Perovskite Solar Cell Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Perovskite Solar Cell Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Perovskite Solar Cell Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Perovskite Solar Cell Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Major Exporting Countries by Value
23.    Major Importing Countries by Value
24.    Major Exporting Countries by Volume
25.    Major Importing Countries by Volume
26.    North America Historical Price Trends and Forecast 2018-2032
27.    Europe Historical Price Trends and Forecast 2018-2032
28.    Asia Pacific Historical Price Trends and Forecast 2018-2032
29.    Latin America Historical Price Trends and Forecast 2018-2032
30.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
31.    Global Perovskite Solar Cell Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 30.50% between the forecast period of 2024-2032. 

The major drivers of the market include the rise in economic growth and energy security, rise in demand of perovskite solar cell because of growing need to decline prices of solar cells, growing environmental concerns, and growing requirement for alternative energy to minimise reliance on fossil fuels.

The rise in demand for solar cells and increase in the number of installations of solar system are the key industry trends propelling the growth of the market.


The major players in the industry are Oxford PV, Greatcell Energy Pty Ltd, Saule Technologies, Swift Solar Inc., and Hubei Wonder Solar LLC, among others.

Perovskite solar cells function similarly to conventional solar panels: a semiconductor absorbs solar energy and starts an electron flow, which is then collected by wire and transformed into useful electricity.

The main problems with perovskite solar cells are film thickness and quality. The perovskite material is poisonous by nature and will degrade quickly when exposed to heat, moisture, and snow.

The capping layer could extend the outdoor operation lifetime of perovskite solar cells to up to 30 years, making them the first of their kind to surpass the commercial threshold of a 20-year lifetime.

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