Solar Cell Films Market - Global Industry Analysis, Size,
Share, Growth Trends, and Forecast 2015 - 2023
135 Page Report
Efficiency and Low Cost of Second-gen Solar Cell Films Propel
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Solar Cell Films Market
Efficiency and Low Cost of Second-gen Solar Cell Films Propel Global Market
Transparency Market Research has released a market study, titled “Solar Cell Films Market - Global Industry Analysis,
Size, Share, Growth Trends, and Forecast 2015 - 2023”. According to the report, the global solar cells market will expand
at a CAGR of 9.40% from 2015 to 2023. If the figure holds true, the valuation of the market will be US$20.9 bn by the end
of the aforementioned forecast period; the market stood at US$9.4 bn in 2014.
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Owing to the numerous benefits of solar cell films, the demand for the same has been on the rise over the past few years,
thereby benefitting the solar cells market, says the report. Second-generation solar cell films are exemplary with respect to
the advantages they offer over their predecessors, which used a much thicker wafer. The advantages of solar cell films
include low manufacturing costs, high product efficiency, and zero carbon emissions, which serve the energy needs in an
economic manner with a consideration of the environment as well.
The use of solar energy reduces the dependency on conventional fuels for energy needs. This helps save conventional fuels
for high-intensity energy production, where solar energy is not effective. Thus, energy...