Industry Overview
The CIGS Solar Cell is at 1Billion in 2023 and is expected to reach 3Billion by 2031. The CIGS Solar Cell is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Solar Frontier (Japan), SoloPower (United States), AVANCIS GmbH (Germany), Dow Chemical Company (NuvoSun) (United States), Manz AG (Germany), The Stion Corporation (United States), Siva Power, Inc. (United States), Hanergy Holding Group Ltd. (China), Solibro GmbH (Germany), Flisom (Switzerland), and others are some of the key players in the market.CIGS Solar Cell Market Size in (USD Billion) CAGR Growth Rate 22%
| Study Period | 2019-2031 |
| Market Size (2023): | 1Billion |
| Market Size (2031): | 3Billion |
| CAGR (2023 - 2031): | 22% |
| Fastest Growing Region | APAC |
| Dominating Region | North America |
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CIGS Solar Cell is the thin film of semiconductor material copper indium gallium diselenide Cu(In, Ga)Se2 (CIGS). The cell are highly observant even in a very thin layer, enabling it to work with other materials like silicon for the use of solar cells. They have up to 10% efficiency with durability as silicon solar cells, as the thin film technologies are essential in solar cell production for the proper working of panels and power generation. Indium and gallium used in CIGS are important to preserve in order to keep CIGS cells feasible, other combinations of material used have proven less effective than the CIGS combination. Almost all the components used in CGS solar cells can be reused if separated with high purity.
Key Players
Several key players in the CIGS Solar Cell market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 18%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- Solar Frontier (Japan)
- SoloPower (United States)
- AVANCIS GmbH (Germany)
- Dow Chemical Company (NuvoSun) (United States)
- Manz AG (Germany)
- The Stion Corporation (United States)
- Siva Power
- Inc. (United States)
- Hanergy Holding Group Ltd. (China)
- Solibro GmbH (Germany)
- Flisom (Switzerland)
CIGS Solar Cell Market Segmentation by Players
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Market Dynamics
Market Driver- Demand For Efficient Thin Film Technologies In Power Generation Application
Market Trends
- Solar energy
Opportunity
- Surging Electronics Industry Will Boost The CIGS Solar Cell Market
Challenges
- Manufacturing Costs
Key Highlights
- The CIGS Solar Cell is growing at a 22% during the forecasted period of 2019 to 2031
- Based on type, the market is bifurcated into Flexible, Thin-film, High-efficiency, Tandem
- Based on application, the market is segmented into Renewable energy, Construction, Transport
- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Overview
- Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
- Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
- Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
- Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
- Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- Flexible
- Thin-film
- High-efficiency
- Tandem
CIGS Solar Cell Market Segmentation by Type
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Segmentation by Application
- Renewable energy
- Construction
- Transport
CIGS Solar Cell Market Segmentation by Application
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This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
APAC
Dominating Region
North America
Market Estimation Process
Primary & Secondary Approach
The CIGS Solar Cell is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in CIGS Solar Cell
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.
Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.Report Infographics:
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size (2023) | 1Billion |
| Historical Period Market Size (2019) | 0.5Billion |
| CAGR (2023 to 2031) | 22% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size (2031) | 3Billion |
| Scope of the Report | Flexible, Thin-film, High-efficiency, Tandem, Renewable energy, Construction, Transport |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Year on Year Growth | 18% |
| Companies Covered | Solar Frontier (Japan), SoloPower (United States), AVANCIS GmbH (Germany), Dow Chemical Company (NuvoSun) (United States), Manz AG (Germany), The Stion Corporation (United States), Siva Power, Inc. (United States), Hanergy Holding Group Ltd. (China), Solibro GmbH (Germany), Flisom (Switzerland) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
CIGS Solar Cell - Table of Contents
Chapter 1: Market Preface
- 1.1 Global CIGS Solar Cell Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global CIGS Solar Cell Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global CIGS Solar Cell Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Demand for Efficient Thin Film Technologies in Power Generation Application
-
3.2 Available Opportunities
- 3.2.1 Surging Electronics Industry will Boost the CIGS Solar Cell Market
- 3.2.2 Emerging Technological Advancements in Solar Energy Industry
-
3.3 Influencing Trends
- 3.3.1 Solar energy
- 3.3.2 Sustainability
-
3.4 Challenges
- 3.4.1 Manufacturing costs
- 3.4.2 Efficiency
- 3.5 Regional Dynamics
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Chapter 4 : Global CIGS Solar Cell Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of CIGS Solar Cell Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: CIGS Solar Cell : Competition Benchmarking & Performance Evaluation
- 5.1 Global CIGS Solar Cell Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by CIGS Solar Cell Revenue 2023
- 5.3 Global CIGS Solar Cell Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Strategic Group Analysis
- 5.6 5C’s Analysis
Chapter 6: Global CIGS Solar Cell Market: Company Profiles
- 6.1 Solar Frontier (Japan)
- 6.1.1 Solar Frontier (Japan) Company Overview
- 6.1.2 Solar Frontier (Japan) Product/Service Portfolio & Specifications
- 6.1.3 Solar Frontier (Japan) Key Financial Metrics
- 6.1.4 Solar Frontier (Japan) SWOT Analysis
- 6.1.5 Solar Frontier (Japan) Development Activities
- 6.2 SoloPower (United States)
- 6.3 AVANCIS GmbH (Germany)
- 6.4 Dow Chemical Company (NuvoSun) (United States)
- 6.5 Manz AG (Germany)
- 6.6 The Stion Corporation (United States)
- 6.7 Siva Power
- 6.8 Inc. (United States)
- 6.9 Hanergy Holding Group Ltd. (China)
- 6.10 Solibro GmbH (Germany)
- 6.11 Flisom (Switzerland)
- 6.12 HelioVolt Corporation (United States)
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Chapter 7 : Global CIGS Solar Cell by Type & Application (2019-2031)
-
7.1 Global CIGS Solar Cell Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Flexible
- 7.1.2 Thin-film
- 7.1.3 High-efficiency
- 7.1.4 Tandem
- 7.1.5 Monocrystalline
-
7.2 Global CIGS Solar Cell Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Renewable Energy
- 7.2.2 Construction
- 7.2.3 Transport
- 7.3 Global CIGS Solar Cell Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global CIGS Solar Cell Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America CIGS Solar Cell Market Breakdown by Country, Type & Application
- 8.1 North America CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Flexible
- 8.2.2 Thin-film
- 8.2.3 High-efficiency
- 8.2.4 Tandem
- 8.2.5 Monocrystalline
-
8.3 North America CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Renewable Energy
- 8.3.2 Construction
- 8.3.3 Transport
- 8.4 North America CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM CIGS Solar Cell Market Breakdown by Country, Type & Application
- 9.1 LATAM CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Flexible
- 9.2.2 Thin-film
- 9.2.3 High-efficiency
- 9.2.4 Tandem
- 9.2.5 Monocrystalline
-
9.3 LATAM CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Renewable Energy
- 9.3.2 Construction
- 9.3.3 Transport
- 9.4 LATAM CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe CIGS Solar Cell Market Breakdown by Country, Type & Application
- 10.1 West Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Flexible
- 10.2.2 Thin-film
- 10.2.3 High-efficiency
- 10.2.4 Tandem
- 10.2.5 Monocrystalline
-
10.3 West Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Renewable Energy
- 10.3.2 Construction
- 10.3.3 Transport
- 10.4 West Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe CIGS Solar Cell Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Flexible
- 11.2.2 Thin-film
- 11.2.3 High-efficiency
- 11.2.4 Tandem
- 11.2.5 Monocrystalline
-
11.3 Central & Eastern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Renewable Energy
- 11.3.2 Construction
- 11.3.3 Transport
- 11.4 Central & Eastern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe CIGS Solar Cell Market Breakdown by Country, Type & Application
- 12.1 Northern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Flexible
- 12.2.2 Thin-film
- 12.2.3 High-efficiency
- 12.2.4 Tandem
- 12.2.5 Monocrystalline
-
12.3 Northern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Renewable Energy
- 12.3.2 Construction
- 12.3.3 Transport
- 12.4 Northern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe CIGS Solar Cell Market Breakdown by Country, Type & Application
- 13.1 Southern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Flexible
- 13.2.2 Thin-film
- 13.2.3 High-efficiency
- 13.2.4 Tandem
- 13.2.5 Monocrystalline
-
13.3 Southern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Renewable Energy
- 13.3.2 Construction
- 13.3.3 Transport
- 13.4 Southern Europe CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia CIGS Solar Cell Market Breakdown by Country, Type & Application
- 14.1 East Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Flexible
- 14.2.2 Thin-film
- 14.2.3 High-efficiency
- 14.2.4 Tandem
- 14.2.5 Monocrystalline
-
14.3 East Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Renewable Energy
- 14.3.2 Construction
- 14.3.3 Transport
- 14.4 East Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia CIGS Solar Cell Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Flexible
- 15.2.2 Thin-film
- 15.2.3 High-efficiency
- 15.2.4 Tandem
- 15.2.5 Monocrystalline
-
15.3 Southeast Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Renewable Energy
- 15.3.2 Construction
- 15.3.3 Transport
- 15.4 Southeast Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia CIGS Solar Cell Market Breakdown by Country, Type & Application
- 16.1 South Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Flexible
- 16.2.2 Thin-film
- 16.2.3 High-efficiency
- 16.2.4 Tandem
- 16.2.5 Monocrystalline
-
16.3 South Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Renewable Energy
- 16.3.2 Construction
- 16.3.3 Transport
- 16.4 South Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia CIGS Solar Cell Market Breakdown by Country, Type & Application
- 17.1 Central Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Flexible
- 17.2.2 Thin-film
- 17.2.3 High-efficiency
- 17.2.4 Tandem
- 17.2.5 Monocrystalline
-
17.3 Central Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Renewable Energy
- 17.3.2 Construction
- 17.3.3 Transport
- 17.4 Central Asia CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania CIGS Solar Cell Market Breakdown by Country, Type & Application
- 18.1 Oceania CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Flexible
- 18.2.2 Thin-film
- 18.2.3 High-efficiency
- 18.2.4 Tandem
- 18.2.5 Monocrystalline
-
18.3 Oceania CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Renewable Energy
- 18.3.2 Construction
- 18.3.3 Transport
- 18.4 Oceania CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA CIGS Solar Cell Market Breakdown by Country, Type & Application
- 19.1 MEA CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Flexible
- 19.2.2 Thin-film
- 19.2.3 High-efficiency
- 19.2.4 Tandem
- 19.2.5 Monocrystalline
-
19.3 MEA CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Renewable Energy
- 19.3.2 Construction
- 19.3.3 Transport
- 19.4 MEA CIGS Solar Cell Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA CIGS Solar Cell Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA CIGS Solar Cell Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global CIGS Solar Cell market size surpassed 1Billion in 2023 and will expand at a CAGR of 22% between 2023 and 2031.
According to the report,the CIGS Solar Cell Industry size is projected to reach 3Billion, exhibiting a CAGR of 22% by 2031.
Some of the prominent trends that are influencing and driving the growth of Global CIGS Solar Cell Market are Solar Energy, Sustainability
- Demand For Efficient Thin Film Technologies In Power Generation Application
- Need For Better Heat Resistant Material In Solar Cell
As Industry players prepare to scale up, CIGS Solar Cell Market sees major concern such as Manufacturing Costs, Efficiency.
Some of the opportunities that Analyst at HTF MI have identified in CIGS Solar Cell Market are:
- Surging Electronics Industry Will Boost The CIGS Solar Cell Market
- Emerging Technological Advancements In Solar Energy Industry
CIGS Solar Cell Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Solar Frontier (Japan), SoloPower (United States), AVANCIS GmbH (Germany), Dow Chemical Company (NuvoSun) (United States), Manz AG (Germany), The Stion Corporation (United States), Siva Power, Inc. (United States), Hanergy Holding Group Ltd. (China), Solibro GmbH (Germany), Flisom (Switzerland), HelioVolt Corporation (United States).
Research paper of Global CIGS Solar Cell Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Renewable energy, Construction, Transport.
The Global CIGS Solar Cell Market Study is segmented by Flexible, Thin-film, High-efficiency, Tandem, Monocrystalline.
The Global CIGS Solar Cell Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
The CIGS Solar Cell Market is studied from 2019 - 2031.
CIGS Solar Cell is the thin film of semiconductor material copper indium gallium diselenide Cu(In, Ga)Se2 (CIGS). The cell are highly observant even in a very thin layer, enabling it to work with other materials like silicon for the use of solar cells. They have up to 10% efficiency with durability as silicon solar cells, as the thin film technologies are essential in solar cell production for the proper working of panels and power generation. Indium and gallium used in CIGS are important to preserve in order to keep CIGS cells feasible, other combinations of material used have proven less effective than the CIGS combination. Almost all the components used in CGS solar cells can be reused if separated with high purity.
