Press Release
Global Thin Films Photovoltaic Market is Expected to Reach $240 Billion, by 2024, Says Variant Market Research
 Published Date:  Mar 2017  Publish By: Variant Market Research

Global Thin Films Photovoltaic Market Report, published by Variant Market Research, forecast that the global market is expected to reach $240 billion by 2024 from $26 billion in 2016; growing at a CAGR of 32.3% from 2016 to 2024. By geography, Asia-Pacific and North America are expected to grow at a CAGR of 38.8% and 34.1%, respectively, during the forecast period.

"Thin Films Photovoltaic Market (PV) (By Type: Organic and Inorganic photovoltaic; By Component: Thin Film PV Cells, Crystalline Silicon PV Cells, Tracker, Modules, and Optics; By Application: Residential, Utility, Consumer, Military, and Non-residential sectors; By Geography: North America, Europe, Asia-Pacific, RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/thin-films-photovoltaic-market

Rise in energy cost, low manufacturing cost of PV cells, and silicon shortage are the major factors driving the global thin films photovoltaic market. Moreover, increase in environment temperature due to climate change has also moved consumers towards the adoption of photovoltaic (PV) technologies. However, high cost of photovoltaic technologies may hamper the market growth. Technological advancement would provide several growth opportunities for the market in the coming years.

The global thin films photovoltaic market is bifurcated by type, component, and application.  The segment by type includes organic and inorganic photovoltaic. The component segment is further categorized into thin film PV cells, crystalline silicon PV cells, Tracker, Modules, and Optics. By application, the thin film photovoltaic market is segmented into residential, utility, consumer, military, and non-residential sectors. By component, the thin film PV cells accounted for the largest market share in 2016. Geographically, the market is categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW).

North America accounted for the largest market share,i.e., 43.1% in 2016; owing to early adoption and technological advancement in photovoltaic technologies. Europe was the second largest market with a total market share of 39.6%. In terms of growth, Asia-Pacific is to attain the fastest CAGR of 38.8% during the forecast period 2016-2024. The growth would be primarily driven by increaseing adoption of semiconductors in emerging countries such as China and India.

Key players have used various strategies such as partnerships, agreements, contracts, and collaborations to gain competition in the market. The major players in the market include SoloPower Systems Inc., JA solar Co. Ltd., Jinko Solar, Suntech Power Holdings Co. Ltd., Yingli Green Trina Solar, Sharp Corporation, Kyocera Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Kaneka Corporation and others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.4.3 Opportunities
Chapter 4 Thin Films Photovoltaic Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Organic photovoltaic
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Inorganic photovoltaic
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
Chapter 5 Thin Films Photovoltaic Market by Component: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Thin Film PV cells
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Crystalline silicon PV cells
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Tracker
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Modules
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
    5.6 Optics
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast
Chapter 6 Thin Films Photovoltaic Market by Application: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 Residential sector
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
    6.3 Utility
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
    6.4 Consumer
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
    6.5 Military
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
    6.6 Non-residential sector
          6.6.1 Current Trend and Analysis
          6.6.2 Market Size and Forecast
Chapter 7 Packaging Robots Market by Geography: Market Size and Forecast, 2015 – 2024
    7.1 Overview
    7.2 North America
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast
          7.2.3 US
                   7.2.3.1 Market Size and Forecast
          7.2.4 Canada
                   7.2.4.1 Market Size and Forecast
          7.2.5 Mexico
                   7.2.5.1 Market Size and Forecast
    7.3 Europe
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast
          7.3.3 Germany
                   7.3.3.1 Market Size and Forecast
          7.3.4 France
                   7.3.4.1 Market Size and Forecast
          7.3.5 United Kingdom
                   7.3.5.1 Market Size and Forecast
          7.3.6 Italy
                   7.3.6.1 Market Size and Forecast
          7.3.7 Spain
                   7.3.7.1 Market Size and Forecast
          7.3.8 Others
                   7.3.8.1 Market Size and Forecast
    7.4 Asia-Pacific
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast
          7.4.3 China
                   7.4.3.1 Market Size and Forecast
          7.4.4 India
                   7.4.4.1 Market Size and Forecast
        7.4.5 Japan
                   7.4.5.1 Market Size and Forecast
          7.4.6 Others
                   7.4.6.1 Market Size and Forecast
    7.5 RoW
          7.5.1 Current Trend and Analysis
          7.5.2 Market Size and Forecast
          7.5.3 Middle East
                   7.5.3.1 Market Size and Forecast
          7.5.4 South America
                   7.5.4.1 Market Size and Forecast
          7.5.5 Africa
                   7.5.5.1 Market Size and Forecast
Chapter 8 Company Profiles
    8.1 SoloPower Systems Inc..
    8.2 Jinko Solar
    8.3 Suntech Power Holdings Co. Ltd.
    8.4 Panasonic Corporation
    8.5 Mitsubishi Electric Corporation
    8.6 Sharp Corporation,
    8.7 Kaneka Corporation,
    8.8 Yingli Green Trina Solar
    8.9 Kyocera Corporation
    8.10 JA solar Co. Ltd.

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