Dye-sensitized Solar Cells (DSSC) Market Analysis and Growth Forecast by Regions 2025
Global Dye-sensitized solar cells (DSSC) market is segmented on the basis of application and geography.
Global Dye-sensitized solar cells (DSSC) market is segmented on the basis of application and geography.
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<strong>Dye</strong>-<strong>sensitized</strong> <strong>Solar</strong> <strong>Cells</strong> (<strong>DSSC</strong>) <strong>Market</strong> <strong>Analysis</strong> <strong>and</strong><br />
<strong>Growth</strong> <strong>Forecast</strong> <strong>by</strong> <strong>Regions</strong> <strong>2025</strong><br />
“Reduction in costs of production <strong>and</strong> installation is one of the key growth drivers for dye<strong>sensitized</strong><br />
solar cells market. Owing to their better physical <strong>and</strong> optical properties such as<br />
simplicity in fabrication, transparency <strong>and</strong> color, workability in low-light conditions (nondirect<br />
sunlight <strong>and</strong> gray skies), dye <strong>sensitized</strong> solar cells are becoming prominent among<br />
the end-users.”<br />
Global <strong>Dye</strong>-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>) market is segmented on the basis of application <strong>and</strong> geography. <strong>Dye</strong><strong>sensitized</strong><br />
solar cells (<strong>DSSC</strong>) are reliable alternative option to current p-n junction photovoltaic devices with<br />
enhanced technical <strong>and</strong> economic characteristics. <strong>Dye</strong>-<strong>sensitized</strong> solar cells witness a trajectory path in the forecast<br />
period owing to traditional solar cells produced <strong>by</strong> silicon materials as they are thinner, flexible, less expensive <strong>and</strong><br />
more adjusting to varying lighting conditions.<br />
Due to the rising dem<strong>and</strong> for energy <strong>and</strong> depleting conventional energy resources, investment is inclined towards<br />
renewable resources.The solar industries manufacture <strong>and</strong> installation of dye <strong>sensitized</strong> product is anticipated to<br />
reach its stage of maturity <strong>and</strong> hence due to the growth in techno-economical characteristics reinforced <strong>by</strong> the<br />
need to generate energy from non-conventional resources, dye-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>) market is anticipated to<br />
grow during the forecast period.<br />
Reduction in costs of production <strong>and</strong> installation is one of the key growth drivers for dye-<strong>sensitized</strong> solar cells<br />
market. Owing to their better physical <strong>and</strong> optical properties such as simplicity in fabrication, transparency <strong>and</strong><br />
color, workability in low-light conditions (non-direct sunlight <strong>and</strong> gray skies), dye <strong>sensitized</strong> solar cells are becoming<br />
prominent among the end-users.<br />
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With regards to energy conversion efficiency, dye-<strong>sensitized</strong> solar cells possess high efficacy which makes their<br />
commercialization significantly opportunistic over the coming years. Even though the preparation of dye<strong>sensitized</strong><br />
solar cells being economically viable, the cost of raw materials for producing dye <strong>sensitized</strong> solar cells such as<br />
ruthenium, platinum, etc. remains a key challenge for dye <strong>sensitized</strong> solar cell manufacturers.<br />
The electrolyte solvents used in dye-<strong>sensitized</strong> solar cells are highly volatile as well as harmful to human beings <strong>and</strong><br />
require to be carefully sealed. The dye-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>)market players are focused in development of<br />
products which can be proven efficient <strong>and</strong> eco-friendly alternatives to such electrolytes.<br />
On the basis of application, the dye-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>) market is segmented into electronics (secondary<br />
lithium battery, biosensors, electro-chromic displays, portable chargers, awnings pop smart labels etc.), building<br />
<strong>and</strong> construction (building integrated photovoltaic, building applied photovoltaic etc.), automotive (smart cars<br />
incorporated with parking guidance systems, automotive integrated photovoltaic etc.), military <strong>and</strong> so on.<br />
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On the basis of geography, the dye-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>) market is segmented into Europe, Latin America,<br />
Asia Pacific, North America <strong>and</strong> Middle East & Africa.Europe <strong>and</strong> North America are expected to be key markets for<br />
dye-<strong>sensitized</strong> solar cells in the coming years. Ratification of Paris Agreement on Climate Change <strong>by</strong> major countries<br />
across the globe is also expected to push the dem<strong>and</strong> for dye-<strong>sensitized</strong> solar cells in the short <strong>and</strong> long run.<br />
In developing countries such as India, where energy dem<strong>and</strong> potential is high as well as increasing, Government’s<br />
special budget allocation to develop solar energy power plants is further expected to create dem<strong>and</strong> for dye<strong>sensitized</strong><br />
solar cells. In U.S. also, contribution of renewable energy in country’s overall energy dem<strong>and</strong> is rising,<br />
providing a promising future for product’s market growth. With trend of sustainable power development spreading<br />
its arena across the globe, dem<strong>and</strong> for dye-<strong>sensitized</strong> solar cells is expected to experience significant growth<br />
potential from all across the globe in the coming years.<br />
The global key players of dye-<strong>sensitized</strong> solar cells (<strong>DSSC</strong>) market are 3G<strong>Solar</strong> Photovoltaics Ltd, <strong>Dye</strong>sol Limited,<br />
Exeger Sweden AB, Fujikura Ltd., G24 Power Ltd., <strong>Solar</strong>is Nanosciences Corporation, Konica Minolta Sensing, Europe<br />
B.V., <strong>Solar</strong>onix SA, Ricoh Company Ltd., <strong>and</strong> National Institute for Materials Science (NIMS), <strong>and</strong> Merck KGaA.<br />
<strong>Market</strong> Segment:<br />
Geographically, this report is segmented into several key <strong>Regions</strong>, with production, consumption, revenue<br />
(million USD), market share <strong>and</strong> growth rate of <strong>Dye</strong>-<strong>sensitized</strong> <strong>Solar</strong> <strong>Cells</strong> (<strong>DSSC</strong>) in these regions, from 2013 to<br />
<strong>2025</strong> (forecast), covering
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
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Global <strong>Dye</strong>-<strong>sensitized</strong> <strong>Solar</strong> <strong>Cells</strong> (<strong>DSSC</strong>) market competition <strong>by</strong> top manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the top players including<br />
• GRENE<br />
• OPV Tech<br />
• 3G <strong>Solar</strong><br />
• Fujikura<br />
• G24 Power<br />
• Nissha<br />
• Exeger<br />
• Oxford Photovoltaics<br />
• <strong>Solar</strong>onix<br />
• Peccell<br />
• <strong>Solar</strong>Print
• <strong>Dye</strong>sol<br />
• <strong>Solar</strong>is Nanosciences<br />
• Jintex<br />
• Everlight Chemical<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong> growth rate of<br />
each type, primarily split into<br />
• Natural <strong>Dye</strong> Sensitizers<br />
• Synthetic <strong>Dye</strong> Sensitizers<br />
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, consumption (sales), market share <strong>and</strong> growth rate for each application, including<br />
• Portable Charging<br />
• BIPV/BAPV<br />
• Embedded Electronics<br />
• Others<br />
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