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Global Perovskite Solar Panels Market Growth 2025-2031

Published Aug 06, 2025
Length 137 Pages
SKU # LPI20281416

Description

The global Perovskite Solar Panels market size is predicted to grow from US$ 314 million in 2025 to US$ 512 million in 2031; it is expected to grow at a CAGR of 8.5% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Perovskite Solar Panels are a type of photovoltaic technology that uses perovskite-structured compounds—typically hybrid organic-inorganic lead or tin halide-based materials—as the light-harvesting active layer. These materials exhibit exceptional light absorption, charge-carrier mobility, and tunable bandgaps, enabling high power conversion efficiencies (PCEs) with relatively low manufacturing costs. Unlike traditional silicon-based panels, perovskite solar panels can be manufactured using solution-based processes (e.g., spin-coating or inkjet printing), allowing for lightweight, flexible, and semi-transparent solar cells. They are also compatible with tandem configurations (e.g., perovskite-on-silicon), offering potential for next-generation solar modules with efficiencies exceeding current market standards. However, challenges such as long-term stability, toxicity (due to lead content), and scalability remain key barriers to widespread commercialization.

Perovskite solar panels are characterized by high power conversion efficiencies (typically 20–27% in lab-scale devices) due to their excellent light absorption and charge transport properties. They feature a tunable bandgap (~1.2–2.3 eV), high open-circuit voltage (1.0–1.2 V), and strong short-circuit current densities (20–25 mA/cm²), with fill factors often ranging from 70% to 85%. The active perovskite layer is ultra-thin (300–800 nm) thanks to a high absorption coefficient (>10⁵ cm⁻¹), and can be fabricated on rigid or flexible substrates via low-temperature solution processing methods like spin-coating or inkjet printing. These panels show promise for tandem integration (e.g., perovskite-on-silicon) and lightweight, flexible applications, but face challenges such as material instability (lifetimes often under 5 years), lead toxicity, and hysteresis in current-voltage behavior. Despite a favorable temperature coefficient (−0.2%/°C) and compatibility with diverse substrates, long-term commercial scalability and environmental concerns remain critical hurdles.

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

This Insight Report provides a comprehensive analysis of the global Perovskite Solar Panels 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 Perovskite Solar Panels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Perovskite Solar Panels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Perovskite Solar Panels 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 Perovskite Solar Panels.

This report presents a comprehensive overview, market shares, and growth opportunities of Perovskite Solar Panels market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rigid Glass Panels
Flexible Film Panels
Roll-to-Roll Coated Panels

Segmentation by Application:
Large Solar Farms
Rooftop Solars
Off-Grid Power
Others

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.
Oxford PV
Microquanta
Hanwha Q CELLS
Saule Technologies
Swift Solar
Tandem PV
Greatcell Energy
Hunt Perovskite
GCL System
Enecoat Technologies
Beijing Yaoneng Technology
ART-PV India
Ascent Solar Technologies
Caelux Corporation
Power Roll
BlueDot Photonics
JinkoSolar Holding
First Solar
Hanergy Thin Film Power Group
Global Solar Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Perovskite Solar Panels market?

What factors are driving Perovskite Solar Panels market growth, globally and by region?

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

How do Perovskite Solar Panels market opportunities vary by end market size?

How does Perovskite Solar Panels break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

137 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Perovskite Solar Panels by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Perovskite Solar Panels by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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