Perovskite Photovoltaics Market, Global Outlook and Forecast 2024-2030
The global Perovskite Photovoltaics market size was valued at US$ 234.5 million in 2024 and is projected to reach US$ 789.4 million by 2030, at a CAGR of 22.4% during the forecast period 2024-2030.
The United States Perovskite Photovoltaics market size was valued at US$ 67.8 million in 2024 and is projected to reach US$ 212.4 million by 2030, at a CAGR of 21.0% during the forecast period 2024-2030.
Perovskite Photovoltaics represent next-generation solar cell technology using perovskite materials for efficient solar energy conversion.
The global market is experiencing rapid growth, driven by renewable energy demands and efficiency improvements. In 2023, production capacity reached 100 MW globally, with research institutions accounting for 45% of demand. The market saw a 50% increase in tandem cell technology adoption in 2023. Single-junction cells dominate with a 75% market share, while tandem cells are growing at 30% annually. Europe leads with a 40% market share, while Asia Pacific is the fastest-growing region at 24.5% CAGR. The industry is focusing on developing stability enhancements, with a 60% growth in R&D investments for commercialization.
Report Overview
This report mainly studies Perovskite Photovoltaics market. A perovskite solar cell (PSC) is a type of solar cell, which includes a perovskite-structured compound, most commonly a hybrid organic-inorganic lead or tin halide-based material, as the light-harvesting active layer. Perovskite materials, such as methyl ammonium lead halides and all-inorganic cesium lead halide, are cheap to produce and simple to manufacture.
This report provides a deep insight into the global Perovskite Photovoltaics market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Perovskite Photovoltaics Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Perovskite Photovoltaics market in any manner.
Global Perovskite Photovoltaics Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
GreatCell Solar
Oxford PV
Saule Technologies
Fraunhofer ISE
FrontMaterials
CSIRO
Microquanta Semiconductor
Solaronix
Solar-Tectic
Solliance
Market Segmentation (by Type)
Normal Structure
Inverted Structure
Market Segmentation (by Application)
BIPV
Utilities
Automotive
Other
Geographic Segmentation
