Global Thin-film photovoltaic (PV) System Market Growth (Status and Outlook) 2025-2031
Description
The global Thin-film photovoltaic (PV) System market size is predicted to grow from US$ 14060 million in 2025 to US$ 23230 million in 2031; it is expected to grow at a CAGR of 8.7% from 2025 to 2031.
A thin-film photovoltaic (PV) cell or solar cell is a device to produce electrical energy by using light or solar energy. It is made of different layers mounted on a substrate to provide efficient electricity generation in various applications. These compact systems offer a range of advantages like secure handling, small size, cost-effectiveness, and more flexible than other conventional counterparts
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.170 GW.
LPI (LP Information)' newest research report, the “Thin-film photovoltaic (PV) System Industry Forecast” looks at past sales and reviews total world Thin-film photovoltaic (PV) System sales in 2024, providing a comprehensive analysis by region and market sector of projected Thin-film photovoltaic (PV) System sales for 2025 through 2031. With Thin-film photovoltaic (PV) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thin-film photovoltaic (PV) System industry.
This Insight Report provides a comprehensive analysis of the global Thin-film photovoltaic (PV) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Thin-film photovoltaic (PV) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thin-film photovoltaic (PV) System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thin-film photovoltaic (PV) System 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 Thin-film photovoltaic (PV) System.
This report presents a comprehensive overview, market shares, and growth opportunities of Thin-film photovoltaic (PV) System market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-grid
Off-grid
Segmentation by Application:
Residential
Non-residential
Utility
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 analyzing the company's coverage, product portfolio, its market penetration.
Ascent Solar Technologies
Filsom AG
First Solar
Hanergy mobile energy
JA Solar Co. Ltd
Jinko Solar
Kyocera Corporation
Kaneka Corporation
Miasole
Mitsubishi Electric Corporation
Panasonic Corporation
ReneSola Co. Ltd
Shunfeng International Clean Energy
SUNQ
Trony Solar
Sharp Corporation
Suntech Power Holdings Co. Ltd
Yingli Green Trina Solar
Please note: The report will take approximately 2 business days to prepare and deliver.
A thin-film photovoltaic (PV) cell or solar cell is a device to produce electrical energy by using light or solar energy. It is made of different layers mounted on a substrate to provide efficient electricity generation in various applications. These compact systems offer a range of advantages like secure handling, small size, cost-effectiveness, and more flexible than other conventional counterparts
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.170 GW.
LPI (LP Information)' newest research report, the “Thin-film photovoltaic (PV) System Industry Forecast” looks at past sales and reviews total world Thin-film photovoltaic (PV) System sales in 2024, providing a comprehensive analysis by region and market sector of projected Thin-film photovoltaic (PV) System sales for 2025 through 2031. With Thin-film photovoltaic (PV) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thin-film photovoltaic (PV) System industry.
This Insight Report provides a comprehensive analysis of the global Thin-film photovoltaic (PV) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Thin-film photovoltaic (PV) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thin-film photovoltaic (PV) System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thin-film photovoltaic (PV) System 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 Thin-film photovoltaic (PV) System.
This report presents a comprehensive overview, market shares, and growth opportunities of Thin-film photovoltaic (PV) System market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-grid
Off-grid
Segmentation by Application:
Residential
Non-residential
Utility
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 analyzing the company's coverage, product portfolio, its market penetration.
Ascent Solar Technologies
Filsom AG
First Solar
Hanergy mobile energy
JA Solar Co. Ltd
Jinko Solar
Kyocera Corporation
Kaneka Corporation
Miasole
Mitsubishi Electric Corporation
Panasonic Corporation
ReneSola Co. Ltd
Shunfeng International Clean Energy
SUNQ
Trony Solar
Sharp Corporation
Suntech Power Holdings Co. Ltd
Yingli Green Trina Solar
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
138 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Thin-film photovoltaic (PV) System Market Size by Player
- 4 Thin-film photovoltaic (PV) System by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global Thin-film photovoltaic (PV) System Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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