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The thin film solar cell is created by deposition of one or more thin layers of photovoltaic material onto a substrate. Growing environmental concerns against carbon emission and increasing adoption of greener energy are supporting the growth of the thin film solar cell market. In addition, the cost and performance efficiency of these films is very likely to create a favorable landscape for the market players in the coming years.
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The thin film solar cell market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of renewable energy generation coupled with an increase in global energy consumption. Besides, installation flexibility and performance efficiency of the product is further likely to fuel the market growth.
However, the thin film solar cell market may be negatively influenced due to the high initial manufacturing cost of the cell. Nevertheless, initiatives for renewable power generation are expected to offer lucrative opportunities for market players during the forecast period.
Top Dominating Key Players :
1.Ascent Solar Technologies, Inc.
3.Global Solar, Inc.
4.Hanergy Holding Group Ltd.
6.NanoPV Solar Inc.
8.Solar Frontier K.K
9.SoloPower Systems, Inc.
10.Trony Solar Holdings Co. Ltd.
The global thin film solar cell market is segmented on the basis of type, installation and end user. Based on type, the market is segmented as cadmium telluride, copper indium gallium diselenide (CIGS) and amorphous silicon. On the basis of the installation, the market is segmented as on-grid and off-grid. The market on the basis of the end user is classified as residential, commercial and industrial.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thin film solar cell market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The thin film solar cell market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.