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According to the latest research, the global Perovskite Solar Cells market size was valued at USD 467.26 million in 2022 and is expected to expand at a CAGR of 29.93% during the forecast period, reaching USD 2247.9 million by 2028.
Perovskite solar cells is one of the emerging type of photovoltaic cells which is flexible and light in weight. Perovskite solar cell is a solar cell that consists of perovskite-structured compound, tin halide-based material, and hybrid organic-inorganic lead, as the light-harvesting active layer. The perovskite solar cells efficiency is high in devices using perovskite cells and has improved significantly over the past period due to the continuous developments in solar energy. Furthermore, these perovskite solar cells are used as a light absorber as they have the ability to reach a broad range of wavelengths of light which allows them to convert solar power into electricity and fabrication is done easily. The combination of perovskite solar cells with silicon is known as tandem cells.
GCL Optoelectronics, a subsidiary of GCL Technology, completed a B+ round of financing of 500 million yuan
December 14, 2022
Recently, Kunshan GCL Photoelectric Materials Co., Ltd., a subsidiary of GCL Technology, announced the completion of a B+ round of financing of RMB 500 million. The investment was jointly led by Temasek Investment, Sequoia China, and IDG Capital, followed by Chuanliu Investment and other institutions. Major shareholder GCL Technology continues to increase, and Light Source Capital acts as the exclusive financial advisor. This round of financing will be used to improve the process and equipment development of GCL Optoelectronics' 100MW large-scale perovskite module production line.
According to public information, as the global leader in the industrialization of perovskite solar modules, GCL Optoelectronics has accumulated rich experience in the industrialization of large-area module efficiency and pilot test lines, and has successfully scaled it up to a 100MW large-area module mass production line In terms of efficiency and stability, it leads the world in the two key indicators of offline components.
GCL Optoelectronics stated that in September 2021, GCL Optoelectronics will build the world's first 100MW mass production line with a module size of 1m×2m. At present, the 100MW production line of GCL Optoelectronics is in the stage of process development and equipment transformation. The efficiency of off-line modules has been steadily improved. It is expected to exceed 16% by the end of this year and achieve a conversion efficiency of more than 18% by the end of 2023. It is expected to become the world's first running through Mass-produced 100MW production line.
Wonder Solar to Establish a 10GW Perovskite Solar Cell Production Base for 6 Billion Yuan
August 10, 2021
Hubei Wonder Solar is committed to establishing a perovskite solar cell production base in Gedian Economic and Technological Development Zone, Ezhou City, Hubei Province, China. Founded in August 2016, Wonder Solar is a spin-off company of Huazhong University of Science and Technology, engaged in the R&D and production of emerging solar cells, aiming to achieve efficient and stable production based on printing technology.
According to Wonder Solar, after more than 20 years of persistence, they have developed a technology called "printable mesoscopic perovskite solar cells". Through a special process, ordinary conductive glass can be turned into a perovskite solar cell under the premise of low cost and easy preparation. After mass production, the area cost will be one-third to one-fourth of that of traditional photovoltaic modules.
The project covers an area of about 110 mu and will be constructed in two phases. The first phase will build a 200MW large-scale test line for mesoscopic perovskite solar cells that can be printed, and gradually expand to 10GW to meet the demand for cheap solar cells in the photovoltaic market. After the project is completed and put into operation, it can produce more than 10GW of solar cells annually, realize an annual output value of 10 billion yuan, and create more than 500 jobs for the whole region.
This report elaborates on the market size, market characteristics, and market growth of the Perovskite Solar Cells industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Perovskite Solar Cells. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Perovskite Solar Cells Market Report Include:
Market Size Estimates: Perovskite Solar Cells market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Perovskite Solar Cells market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Perovskite Solar Cells market
Segment Market Analysis: Perovskite Solar Cells market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Perovskite Solar Cells market situations and prospects in major and top regions and countries
Perovskite Solar Cells Market
Perovskite Solar Cells Industry Chain: Perovskite Solar Cells market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Perovskite Solar Cells Industry News, Policies by regions
Perovskite Solar Cells Industry Porters Five Forces Analysis
Key players in the global Perovskite Solar Cells market are covered in Chapter 2:
Hubei Wonder Solar
Li Yuan New Energy Technology Co.
Swift Solar
Wuxi UtmoLight technology Co., Ltd.
Oxford Photovoltaics
Saule Technologies
Heiking PV Technology Co., Ltd.
Greatcell Energy
Hunt Perovskite Technologies (HPT)
GCL Suzhou Nanotechnology Co., Ltd
Microquanta Semiconductor
In Chapter 6 and Chapter 9, on the basis of types, the Perovskite Solar Cells market from 2018 to 2028 is primarily split into:
Rigid Module
Flexible Module
In Chapter 7 and Chapter 10, on the basis of applications, the Perovskite Solar Cells market from 2018 to 2028 covers:
BIPV
Power Station
Defense & Aerospace
Transportation & Mobility
Consumer Electronics
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Perovskite Solar Cells market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Perovskite Solar Cells industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Perovskite Solar Cells market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Perovskite Solar Cells industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Perovskite Solar Cells market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Perovskite Solar Cells market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Perovskite Solar Cells market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Perovskite solar cells is one of the emerging type of photovoltaic cells which is flexible and light in weight. Perovskite solar cell is a solar cell that consists of perovskite-structured compound, tin halide-based material, and hybrid organic-inorganic lead, as the light-harvesting active layer. The perovskite solar cells efficiency is high in devices using perovskite cells and has improved significantly over the past period due to the continuous developments in solar energy. Furthermore, these perovskite solar cells are used as a light absorber as they have the ability to reach a broad range of wavelengths of light which allows them to convert solar power into electricity and fabrication is done easily. The combination of perovskite solar cells with silicon is known as tandem cells.
GCL Optoelectronics, a subsidiary of GCL Technology, completed a B+ round of financing of 500 million yuan
December 14, 2022
Recently, Kunshan GCL Photoelectric Materials Co., Ltd., a subsidiary of GCL Technology, announced the completion of a B+ round of financing of RMB 500 million. The investment was jointly led by Temasek Investment, Sequoia China, and IDG Capital, followed by Chuanliu Investment and other institutions. Major shareholder GCL Technology continues to increase, and Light Source Capital acts as the exclusive financial advisor. This round of financing will be used to improve the process and equipment development of GCL Optoelectronics' 100MW large-scale perovskite module production line.
According to public information, as the global leader in the industrialization of perovskite solar modules, GCL Optoelectronics has accumulated rich experience in the industrialization of large-area module efficiency and pilot test lines, and has successfully scaled it up to a 100MW large-area module mass production line In terms of efficiency and stability, it leads the world in the two key indicators of offline components.
GCL Optoelectronics stated that in September 2021, GCL Optoelectronics will build the world's first 100MW mass production line with a module size of 1m×2m. At present, the 100MW production line of GCL Optoelectronics is in the stage of process development and equipment transformation. The efficiency of off-line modules has been steadily improved. It is expected to exceed 16% by the end of this year and achieve a conversion efficiency of more than 18% by the end of 2023. It is expected to become the world's first running through Mass-produced 100MW production line.
Wonder Solar to Establish a 10GW Perovskite Solar Cell Production Base for 6 Billion Yuan
August 10, 2021
Hubei Wonder Solar is committed to establishing a perovskite solar cell production base in Gedian Economic and Technological Development Zone, Ezhou City, Hubei Province, China. Founded in August 2016, Wonder Solar is a spin-off company of Huazhong University of Science and Technology, engaged in the R&D and production of emerging solar cells, aiming to achieve efficient and stable production based on printing technology.
According to Wonder Solar, after more than 20 years of persistence, they have developed a technology called "printable mesoscopic perovskite solar cells". Through a special process, ordinary conductive glass can be turned into a perovskite solar cell under the premise of low cost and easy preparation. After mass production, the area cost will be one-third to one-fourth of that of traditional photovoltaic modules.
The project covers an area of about 110 mu and will be constructed in two phases. The first phase will build a 200MW large-scale test line for mesoscopic perovskite solar cells that can be printed, and gradually expand to 10GW to meet the demand for cheap solar cells in the photovoltaic market. After the project is completed and put into operation, it can produce more than 10GW of solar cells annually, realize an annual output value of 10 billion yuan, and create more than 500 jobs for the whole region.
This report elaborates on the market size, market characteristics, and market growth of the Perovskite Solar Cells industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Perovskite Solar Cells. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Perovskite Solar Cells Market Report Include:
Market Size Estimates: Perovskite Solar Cells market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Perovskite Solar Cells market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Perovskite Solar Cells market
Segment Market Analysis: Perovskite Solar Cells market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Perovskite Solar Cells market situations and prospects in major and top regions and countries
Perovskite Solar Cells Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Perovskite Solar Cells Industry Chain: Perovskite Solar Cells market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Perovskite Solar Cells Industry News, Policies by regions
Perovskite Solar Cells Industry Porters Five Forces Analysis
Key players in the global Perovskite Solar Cells market are covered in Chapter 2:
Hubei Wonder Solar
Li Yuan New Energy Technology Co.
Swift Solar
Wuxi UtmoLight technology Co., Ltd.
Oxford Photovoltaics
Saule Technologies
Heiking PV Technology Co., Ltd.
Greatcell Energy
Hunt Perovskite Technologies (HPT)
GCL Suzhou Nanotechnology Co., Ltd
Microquanta Semiconductor
In Chapter 6 and Chapter 9, on the basis of types, the Perovskite Solar Cells market from 2018 to 2028 is primarily split into:
Rigid Module
Flexible Module
In Chapter 7 and Chapter 10, on the basis of applications, the Perovskite Solar Cells market from 2018 to 2028 covers:
BIPV
Power Station
Defense & Aerospace
Transportation & Mobility
Consumer Electronics
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Perovskite Solar Cells market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Perovskite Solar Cells industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Perovskite Solar Cells market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Perovskite Solar Cells industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Perovskite Solar Cells market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Perovskite Solar Cells market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Perovskite Solar Cells market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by
highlighting information on
different aspects including drivers, restraints...
