Global Perovskite Solar Cells Module Market By Type (Normal Structure and Inverted Structure), By Application (Commercial Use), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Perovskite Solar Cells Module Market By Type (Normal Structure and Inverted Structure), By Application (Commercial Use), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Perovskite Solar Cells Module Market by Product Type (Normal Structure & Inverted Structure), By  Application (Commercial Use & Residential Use), and by Region -Global Forecast to 2030, which offers a holistic view of the Global Perovskite Solar Cells Module Market through systematic segmentation that covers every aspect of the target market.

The Global Perovskite Solar Cells Module Market is projected to be US$ 362.2 Mn in 2020 and is expected to reach US$ 1191.6 Mn by 2030 at a CAGR of 13.9%.

A perovskite solar cell includes a perovskite-structured compound, most commonly a hybrid organic-inorganic lead or tin halide-based material. Perovskite materials, i.e., methyl-ammonium lead halides, are low-priced to produce and relatively simple to manufacture. Perovskites possess fundamental properties such as broad absorption spectrum, fast charge separation, long transport distance of electrons and holes, long carrier separation lifetime, and more, that make them favorable materials for solid-state solar cells. PV solar cell includes a perovskite-structured compound, most commonly a hybrid organic-inorganic lead or tin halide-based material, as the light-harvesting active layer and it shares a similar structure, which displays numerous excellent properties such as superconductivity, magnetoresistance, etc. Perovskite solar cells modules have obtained great attention from the research industry, and the conversion efficiency has increased many folds since it was first reported in 2009.  A thin-film PV class is being formed which are called as 3rd generation PVs. 3rd generation of PVs includes dye-sensitized solar cell (DSSC), organic photovoltaic (OPV), quantum dot (QD) and others.

Growing awareness regarding clean and green sources of energy is driving the wide adoption of perovskite solar cells, which is expected to augment the growth of the market over the forecasted timeframe. In addition to this, perovskite solar cells can absorb light across all visible wavelengths which are expected to boost the market in coming year.


Global Perovskite Solar Cells Module Market Revenue (US$ Mn), 2021 to 2030


Furthermore, growing investments for research and development for alternative and renewable sources of energy through government all around the globe is a significant factor driving the growth of the target market over the forecast period.

However, Fluctuation in prices of raw material and high overall cost of Perovskite Solar Cell is a significant factor which might hamper the growth of the target market. Nonetheless, increasing research and investment activities is a major driver for the market, for an example increased funding by agencies like US Department of Energy for research in solar technologies, which is expected to provide several growth opportunities for the target market during the forecasted period.

Global Perovskite Solar Cells Module Market is segmented based on product type, applications, and region. Based on product type, normal structure & inverted structure. The inverted structure segment accounts for the majority share in the global perovskite solar cells module market, and also it is expected to register the highest growth rate over the forecast period. Based on the application market is segmented into, commercial use & residential use and commercial use segment accounts for a majority share in the global perovskite solar cells module market.


Global Perovskite Solar Cells Module Market Attractiveness Analysis by Product Type, 2012“2018


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America, and MEA. Europe accounts for the majority share in the Global Perovskite Solar Cells Module Market followed by North America owing to a rise in disposable income in the region, with Europe, North America and regions of APAC registering highest growth rate. South America and MEA are expected to register stable growth over the forecast period.

The research report on the global perovskite solar cells module market includes profiles of some of the major companies such as Oxford Photovoltaics Limited, Saule Technologies, Greatcell Solar Ltd.,  Korver Corp., Xiamen Weihua Solar Co., Ltd., and others.



Below are the active patents related to Perovskite Solar Cells Module Market.


Patent Number: US20150279573A1

Perovskite solar cell

Abstract

An perovskite solar cell including a substrate; a first electrode provided on the substrate; an electron transport layer, including an electron transporting compound, provided on the first electrode; a perovskite compound layer, including a perovskite compound, provided on the electron transport layer; a hole transport layer, including a hole transport compound, provided on the perovskite compound layer; and a second electrode provided on the hole transport layer. The perovskite compound can be expressed by the general formula XAlphaYBetaMGamma, where X is a halogen atom, Y is an alkylamine compound, M includes a mixture of lead and antimony, and a ratio of Alpha:Beta:Gamma is 3:1:1.

Application File Date: 2015-03-25

Application Granted Date: 2016-04-19

Current Assignee: Ricoh Co Ltd

Patent Number: US9305715B2

Method of formulating perovskite solar cell materials

Abstract

A method for preparing photoactive perovskite materials. The method comprises the step of preparing a lead halide precursor ink. Preparing a lead halide precursor ink comprises the steps of: introducing a lead halide into a vessel, introducing a first solvent to the vessel, and contacting the lead halide with the first solvent to dissolve the lead halide. The method further comprises depositing the lead halide precursor ink onto a substrate, drying the lead halide precursor ink to form a thin film, annealing the thin film, and rinsing the thin film with a second solvent and a salt.

Application File Date: 2015-05-13

Application Granted Date: 2016-04-05

Current Assignee: Hunt Perovskite Technologies LLC

Patent Number: CN106252460A

The manufacture method of a kind of large area perovskite solaode and system

Abstract

The present invention provides the manufacture method of a kind of large area perovskite solaode, first laser scribing on FTO glass, prepare hole transmission layer afterwards, then preparing lead iodide or lead chloride at the first vaporization chamber, then prepare methyl amine iodine at the second vaporization chamber, reaction forms perovskite thin film, last spraying process prepares electron transfer layer, laser scribing P2 afterwards, finally prepares metal electrode, and laser scribing P3 forms large area perovskite assembly.The present invention also provides for the manufacturing system of a kind of large area perovskite solaode, including Sample Room, the first vaporization chamber, the second vaporization chamber, hole transmission layer preparation room, metal electrode preparation room etc..Large-area uniformity and the preparation speed of perovskite solaode can be substantially increased.

Application File Date: 2016-08-15

Application Granted Date: 2018-10-19

Current Assignee: Changzhou University

Key Market Segments:

By Type

  
Rigid Module
  
Flexible Module

By Application

  
BIPV
  
Power Station
  
Defense & Aerospace
  
Transportation & Mobility
  
Consumer Electronics


Key Market Players included in the report:


  
Barberan
  
Cefla Finishing
  
ECCO FINISHING
  
EXEL Industries
  
Graco
  
Krautzberger
  
LacTec
  
Larius
  
OMSA S.r.l.
  
RIGO
  
SPMA Spezialmaschinen
  
Venjakob Maschinenbau
  
WAGNER
  
Walther Pilot
  
Wilhelm Wagner


Below are the key development related to Perovskite Solar Cells Module Market in 2020 and 2021.


December 2020: Oxford PV celebrates 29.5% conversion rate with perovskite solar cell. Oxford PV is lauding a new record with its perovskite solar cell, which is able to convert 29.5% of solar energy into electricity. This has been certified by the National Renewable Energy Laboratory located in Colorado, US, according to the company, and is in comparison to the average conversion rate of silicon cells of between 15% and 20% and a practical maximum conversion rate of around 26%. The companys silicon solar cells are coated with a thin film of perovskite to better utilise photons across the solar spectrum. According to Oxford PV, perovskite is affordable, sustainable and has the potential to replace silicon entirely, with 35g of perovskite generating the same amount of power as seven tons of silicon. Oxford PV will be the first company to sell the next generation solar cells to the public from 2022. Source

August 2020: Department of Energy Announces $20 Million to Advance Perovskite Solar Technologies. WASHINGTON, D.C.  the U.S. Department of Energy (DOE) announced $20 million in funding to advance perovskite solar photovoltaic technologies. Perovskites are a family of materials with a specific crystal structure, named after the mineral with that structure. When used to create solar cells, they have shown potential for high performance and low production costs. To be competitive in the marketplace, perovskite’s long-term durability must be tested and verified, the aim of this funding opportunity announcement through DOE’s Office of Energy Efficiency and Renewable Energy (EERE). Source

July 2020: Redox flow battery powered by perovskite solar cells. An international team has developed an integrated solar flow battery which has been suggested as ideal for off-grid locations. The device, which combines energy conversion and storage in one unit, can be used for lighting and recharging cell phones. Source