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Next-generation Solar Cell Market Growth, Size, Trends Analysis- By Material Type, By Installation Type, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published May 13, 2025
Length 250 Pages
SKU # SPER20186964

Description

Next-generation Solar Cell Market Introduction and Overview

According to SPER market research, ‘Global Next-generation Solar Cell Market Size- By Material Type, By Installation Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Next-generation Solar Cell Market is predicted to reach 25.44 Billion by 2034 with a CAGR 19.76%.

Next-generation solar cells represent cutting-edge advancements in photovoltaic technology, designed to address the limitations of traditional silicon-based panels. These cells utilize materials such as perovskites, organic photovoltaics, and thin-film semiconductors like CIGS (copper indium gallium selenide), providing enhanced energy conversion efficiency, flexibility, and a lightweight structure.

Restraints:

In addition to the high initial costs, ongoing maintenance and potential system upgrades can further add to the financial burden. Although solar panels generally require minimal maintenance, occasional cleaning, inspections, and repairs are necessary, which can incur extra costs over time. The performance of solar panels can also degrade slightly over the years, requiring potential replacements or optimizations to maintain efficiency.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Material Type, By Installation Type, By End User

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

Ascent Solar Technologies, Inc., First Solar, Inc., Hanergy Thin Film Power Group, Hanwha Group, Heliatek, Mitsubishi Corporation, Oxford Photovoltaics Ltd., and others.

Global Next-generation Solar Cell Market Segmentation:

By Material Type:

Based on the Material Type, Global Next-generation Solar Cell Market is segmented as; (Organic Photovoltaics (OPVs), Cadmium Telluride (CdTe), Gallium Arsenide (GaAs), Perovskite solar cells, Dye-Sensitized Solar Cells (DSSCs), Others)

By Installation Type:

Based on the Installation Type, Global Next-generation Solar Cell Market is segmented as; On-grid, Off-grid.

By End User:

Based on the End User, Global Next-generation Solar Cell Market is segmented as; Residential, Commercial, Industrial, Utilities, Others.

By Region:

This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.

Table of Contents

250 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Next-generation Solar Cell Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Next-generation Solar Cell Market
7. Global Next-generation Solar Cell Market, By Material Type, (USD Million) 2021-2034
7.1. Organic Photovoltaics (OPVs)
7.2. Cadmium Telluride (CdTe)
7.3. Gallium Arsenide (GaAs)
7.4. Perovskite solar cells
7.5. Dye-Sensitized Solar Cells (DSSCs)
7.6. Others
8. Global Next-generation Solar Cell Market, By Installation Type, (USD Million) 2021-2034
8.1. On-grid
8.2. Off-grid
9. Global Next-generation Solar Cell Market, By End User, (USD Million) 2021-2034
9.1. Residential
9.2. Commercial
9.3. Industrial
9.4. Utilities
9.5. Others
10. Global Next-generation Solar Cell Market, (USD Million) 2021-2034
10.1. Global Next-generation Solar Cell Market Size and Market Share
11. Global Next-generation Solar Cell Market, By Region, 2021-2034 (USD Million)
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Ascent Solar Technologies, Inc.
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. First Solar, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Hanergy Thin Film Power Group
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Hanwha Group
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Heliatek
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Mitsubishi Corporation
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Oxford Photovoltaics Ltd.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links

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