Global CIGS Thin Film Solar Cells Market Size, Share, Forecast Report 2024

The global CIGS thin film solar cells market is likely to generate a demand of USD 8.5 billion by 2024, at a healthy CAGR over the next seven years. Various favorable government initiatives towards renewable energy along with higher efficiency of CIGS technology over other thin film solar cells are set to accelerate market demand over the forecast period. Moreover, growing demand for energy across the globe is expected to further drive the market. The years used for the assessment are as follows;

  • Historical year : 2014, 2015 and 2016
  • Base year  : 2017
  • Forecast period: 2018 – 2024


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 CIGS 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


  • To classify global CIGS thin film solar cells market into segments on the basis of deposition technology, thickness, end-use and region to analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with CIGS 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


The research scope for CIGS thin film solar cells market is as follows:

By Deposition Technology

  • Electrospray Deposition
  • Chemical Vapor Deposition
  • Film Production
  • Co-evaporation

By Thickness

  • 1-2 mm
  • 2-3 mm
  • 3-4 mm

By End-Use

  • Electrical & electronics
  • Automotive
  • Energy & power
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

Report Detail

  • Report Code:1099
  • No. of Pages:250
  • Format:PDF/PPT/Excel

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