Dye Sensitized Solar Cell Market Gain Impetus due to the Growing Demand over By 2024 - 0 views

started by waquas on 21 May 19

#1 waquas on 21 May 19
Global dye sensitized solar cells (DSSC) market value was estimated to be USD 49.6 million in 2014 and is estimated to grow at a CAGR of over 12% from 2015 to 2022. Growing consumer awareness regarding adverse environmental impact associated with fossil fuel-based power plants, coupled with increasing dependence on unconventional energy resources is anticipated to drive the market growth over the forecast period.

Technological innovations have resulted in good price to performance ratio of these solar cells and are anticipated to impact positively industry growth. The DSSC technology is anticipated to address the three basic energy needs of future including economy growth, environment protection, and energy security.

Portable charging emerged as the largest DSSC application with global revenue exceeding USD 16 million in 2014. Third generation thin film PVs are increasing being used for portable battery charging solutions including solar chargers, solar bags and wireless keyboards owing to their ability to provide optimum wattage in these applications.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/dye-sensitized-solar-cell-market

Further key findings from the report suggest:
- Global Dye Sensitized Solar Cell Market was worth USD 49.6 million in 2014 and is expected to reach USD 130 million by 2022, growing at a CAGR of 12.4% from 2015 to 2022
- BIPV/BAPV is anticipated to be the fastest growing application segment at an estimated CAGR of 13.0% from 2015 to 2022. DSSC ability to provide optimum power for these applications is anticipated to raise product demand over the forecast period.
- Europe was the leading consumer and accounted for over 35% of total revenue in 2014. Favorable government initiatives to promote off-grid solar power installations particularly in UK, France, Germany and Italy are anticipated to drive regional market over the forecast period. European Commission has been providing incentives in the form of feed-in tariffs, cost subsidies and tax relief to promote renewable energy implementation.
- Asia Pacific is anticipated to witness the highest growth of 13.6% from 2015 to 2022. Favorable government initiatives in countries such as India, China and Taiwan to supply electricity to remote locations have encouraged government towards deploying off-grid systems using renewable energy sources. Rapid urbanization coupled with surging product demand in portable electronic products such as smart phones, portable charging products is expected to drive DSSC penetration in the region.
- Major companies operating in global DSSC market include Konica Minolta Sensing Europe B.V., Dyesol, Fujikura Ltd., G24 Power Ltd., Exeger Sweden AB, 3GSolar Photovoltaics, and Merck KGaA.
About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Info: www.grandviewresearch.com
<div class="cArrow"> </div><div class="cContentInner">Global <a href="https://www.grandviewresearch.com/industry-analysis/dye-sensitized-solar-cell-market?utm_source=Diigo&utm_medium=referral&utm_campaign=Vakhas_May21_cmfe_dye-sensitized-solar-cell-market_RD1&utm_content=Content" rel="nofollow">dye sensitized solar cells (DSSC) market</a> value was estimated to be USD 49.6 million in 2014 and is estimated to grow at a CAGR of over 12% from 2015 to 2022. Growing consumer awareness regarding adverse environmental impact associated with fossil fuel-based power plants, coupled with increasing dependence on unconventional energy resources is anticipated to drive the market growth over the forecast period. Technological innovations have resulted in good price to performance ratio of these solar cells and are anticipated to impact positively industry growth. The DSSC technology is anticipated to address the three basic energy needs of future including economy growth, environment protection, and energy security. Portable charging emerged as the largest DSSC application with global revenue exceeding USD 16 million in 2014. Third generation thin film PVs are increasing being used for portable battery charging solutions including solar chargers, solar bags and wireless keyboards owing to their ability to provide optimum wattage in these applications. To request a sample copy or view summary of this report, click the link below: <a target="_blank" href="https://www.grandviewresearch.com/industry-analysis/dye-sensitized-solar-cell-market?utm_source=Diigo&utm_medium=referral&utm_campaign=Vakhas_May21_cmfe_dye-sensitized-solar-cell-market_RD1&utm_content=Content" rel="noopener nofollow">http://www.grandviewresearch.com/industry-analysis/dye-sensitized-solar-cell-market</a> <img height="227" data-iml="1558428186950" alt="Image result for dye sensitized solar cells (DSSC)" src="https://cdn.qualenergia.it/wp-content/uploads/2018/07/dye_sensitized_solar_cell_fotovoltaico_organico_0.jpg" width="343" class="irc_mi" /> <div id="quads-ad1" class="quads-location quads-ad1"><ins data-ad-format="auto" data-ad-client="ca-pub-4549906369305451" data-adsbygoogle-status="done" class="adsbygoogle" data-ad-slot="8733113177"><ins id="aswift_3_expand"><ins id="aswift_3_anchor"><iframe marginheight="0" id="aswift_3" name="aswift_3" scrolling="no" height="60" frameborder="0" width="649" allowfullscreen="allowfullscreen" marginwidth="0"></iframe></ins></ins></ins></div> Further key findings from the report suggest: <ul> <li>Global Dye Sensitized Solar Cell Market was worth USD 49.6 million in 2014 and is expected to reach USD 130 million by 2022, growing at a CAGR of 12.4% from 2015 to 2022</li> <li>BIPV/BAPV is anticipated to be the fastest growing application segment at an estimated CAGR of 13.0% from 2015 to 2022. DSSC ability to provide optimum power for these applications is anticipated to raise product demand over the forecast period.</li> <li>Europe was the leading consumer and accounted for over 35% of total revenue in 2014. Favorable government initiatives to promote off-grid solar power installations particularly in UK, France, Germany and Italy are anticipated to drive regional market over the forecast period. European Commission has been providing incentives in the form of feed-in tariffs, cost subsidies and tax relief to promote renewable energy implementation.</li> <li>Asia Pacific is anticipated to witness the highest growth of 13.6% from 2015 to 2022. Favorable government initiatives in countries such as India, China and Taiwan to supply electricity to remote locations have encouraged government towards deploying off-grid systems using renewable energy sources. Rapid urbanization coupled with surging product demand in portable electronic products such as smart phones, portable charging products is expected to drive DSSC penetration in the region.</li> <li>Major companies operating in global DSSC market include Konica Minolta Sensing Europe B.V., Dyesol, Fujikura Ltd., G24 Power Ltd., Exeger Sweden AB, 3GSolar Photovoltaics, and Merck KGaA.</li> </ul> About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: <a target="_blank" href="mailto:sales@grandviewresearch.com" rel="nofollow">sales@grandviewresearch.com</a> For More Info: <a target="_blank" href="http://www.grandviewresearch.com/" rel="nofollow">www.grandviewresearch.com</a></div>

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