Global Amorphous Silicon Thin-Film Solar Cells Market Size, Share, Forecast Report 2025

The global amorphous silicon thin-film solar cells market is likely to generate a demand of USD 5,310.2 million by 2025, at a CAGR of 15.4% over the next seven years. Rising demand for energy across the globe is expected to drive the market. Moreover, several favorable government initiatives towards renewable energy are set to accelerate market demand over the forecast period. However, lower efficiency of amorphous silicon solar cells as compared to other technologies is likely to hamper the market growth.

An amorphous silicon thin-film solar cell (a-Si) consists of a thin layer of photovoltaic material deposited on a substrate such as glass, plastic or metal. These solar cells use only a fraction of silicon used in crystalline silicon solar cells resulting in relatively lower cost of the end product. Also, the flexibility offered by thin-film solar cells opens up opportunity in potential applications. The years used for the assessment are as follows;

• Historical year : 2015, 2016 and 2017
• Base year  : 2018
• Forecast period: 2019 – 2025

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

• Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources
• Interacting with key opinion leaders of the market and developing data points based on interaction with them
• Study of past trends in the market and their year on year impact on the market size and share
• Analyzing the collected data points
• Bridging the data points to calculate the amorphous silicon thin-film solar cells market and its various segments
• Anticipating potential risks
• Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the market
• Finalizing the overall size and share for the global market

OBJECTIVES:

• To classify global amorphous silicon thin-film solar cells market into segments and region to analyze their growth prospects individually
• To analyze market trends, opportunities, drivers and restraints associated with amorphous silicon thin-film solar cells
• Profiling key companies operating in the global market
• To study market response with respect to the mergers and acquisitions in the industry