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Solar Cell Films Market Rapidly Growth In Market

Global Solar Cell Films Market is projected to grow at a CAGR of 19.4% from 2020 to 2025, to reach $41,517 million by 2025. 

Major Leading players in the solar cell market contain, Heliatek, Dunmore, 3M, Advanced Energy, Lucent Clean Energy and Stion Corporation.

     Solar energy, the third-largest renewable energy source after hydropower and wind, has emerged as a clean, sustainable, and powerful alternative to fossil fuels. The sunlight striking the Earth is more than 10,000 times the world’s total energy use, and technologies to harvest as much solar energy as possible are surging rapidly. 

    March 2020-Researchers from the Hasselt University, Interuniversity Microelectronics Centre, VITOEnergy Ville, and PERCISTAND consortium claim to have achieved a rare feat of 25% efficiency using a thin-film solar cell.  Addition to this, their solar cells are thin and flexible, making them ideal for integration into buildings and roofs. With these thin-film solar cells, we are truly competitive with the traditional solar panel sector for the first time.

       Heliatek is excited to announce that its award-winning organic solar film HeliaSol has passed the stringent criteria of the Solar Impulse Foundation to be approved as one of its listed efficient solutions. The so-called “1000solutions” program was launched by Bertrand Piccard (the first person that circumnavigated the world in the solar airplane “Solar Impulse”) to promote innovations that help protecting our environment in a profitable way.

      A typical solar cell consists of semiconducting materials such as p- and n-type silicon with a layered p-n junction connected to an external circuit. Sunlight illumination on the panels causes electron ejection from silicon. The ejected electrons under an internal electric field create a flow through the p-n junction and the external circuit, resulting in a current (electricity). With a swiftly growing market and the development of creative applications, R&D on innovative solar energy materials is at its peak to achieve maximum solar-to-electricity efficiency at low cost. Three types of highly investigated semiconducting materials of today are crystalline Si, thin films, and the next-generation perovskite solar cells (PSCs).

       Bristol, PA, September 15, 2020 – Dunmore announced today the launch of a new polyester based scratch resistant antimicrobial film product. This Dun-Shield film includes scratch resistant features, giving the end user a more durable surface that lasts longer. The antimicrobial film utilizes silver ion technology, which inhibits the growth of various bacteria, mold, and mildew on the surface. The antimicrobial properties are retained after repeated exposure to common cleaners and disinfectants.

       Based on type, the global solar cell films market can be segmented into cadmium telluride, amorphous silicon, and copper indium gallium selenite. In terms of application, industrial, commercial, and residential sectors constitute the key market segments regionally; the global solar cell films market can be segmented into North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Among these, Europe has projected as the dominant market for solar cell films, on the back of increased installation of solar cell films in nations such as Germany, Russia, France, Spain, and the UK. However during the course of the forecast period, Asia Pacific is forecast to exhibit growth at a higher pace. 

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