Global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device Market Growth 2025-2031

The global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market size is predicted to grow from US$ 3040 million in 2025 to US$ 4342 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

A copper indium gallium selenide solar cell (or CIGS cell, sometimes CI(G)S or CIS cell) is a thin-film solar cell used to convert sunlight into electric power. It is manufactured by depositing a thin layer of copper indium gallium selenide solid solution on glass or plastic backing, along with electrodes on the front and back to collect current. Because the material has a high absorption coefficient and strongly absorbs sunlight, a much thinner film is required than of other semiconductor materials.

United States market for Copper Indium Gallium Selenide (CIGS) Photovoltaic Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Copper Indium Gallium Selenide (CIGS) Photovoltaic Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Copper Indium Gallium Selenide (CIGS) Photovoltaic Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Copper Indium Gallium Selenide (CIGS) Photovoltaic Device players cover Solar Frontier, SoloPower, Stion, Avancis (CNBM), Manz, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Copper Indium Gallium Selenide (CIGS) Photovoltaic Device Industry Forecast” looks at past sales and reviews total world Copper Indium Gallium Selenide (CIGS) Photovoltaic Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Copper Indium Gallium Selenide (CIGS) Photovoltaic Device sales for 2025 through 2031. With Copper Indium Gallium Selenide (CIGS) Photovoltaic Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Copper Indium Gallium Selenide (CIGS) Photovoltaic Device industry.

This Insight Report provides a comprehensive analysis of the global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Copper Indium Gallium Selenide (CIGS) Photovoltaic Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Copper Indium Gallium Selenide (CIGS) Photovoltaic Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
CIGS Solar Cells
CIS Solar Cells

Segmentation by Application:
Residential
Commercial
Ground Station

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Solar Frontier
SoloPower
Stion
Avancis (CNBM)
Manz
Dow Solar (NuvoSun)
Siva Power
Hanergy
Solibro
Miasole

Key Questions Addressed in this Report

What is the 10-year outlook for the global Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market?

What factors are driving Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Copper Indium Gallium Selenide (CIGS) Photovoltaic Device market opportunities vary by end market size?

How does Copper Indium Gallium Selenide (CIGS) Photovoltaic Device break out by Type, by Application?

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