Dye Sensitized Solar Cell Market Is Expected To Reach USD 130.6 Million By 2022
The global Dye Sensitized Solar Cell Market is expected to reach USD 130.6 million by 2022, according to a new report by Grand View Research, Inc. Growing concern regarding detrimental environmental impact associated with fossil fuel based power generation plants is expected to remain a key driving factor for global DSSC market. Governments across various countries have been promoting electricity generation through renewable energy sources. Favorable government initiatives to promote off-grid solar power installations particularly in developed economies of Europe and North America are also expected to have a positive influence on the market growth. European government has been providing incentives such as feed-in tariffs, cost subsidies and tax relief to promote renewable energy. High cost to performance ratio is another factor that is anticipated to positively impact DSSC market growth. Rising R&D in this field is expected to lead commercialization of on-grid DSSC modules. Currently, DSSC has high penetration in offgrid applications including portable charging and building integrated photovoltaics (BIPV). Presence of organic liquid electrolyte poses sealing and toxicity issues and is anticipated to hinder industry commercialization. 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 Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/dye-sensitized-solar-cell-market-analysis-byapplication-portable-charging-bipv-bapv-embedded-electronics-outdoor-advertisingautomotive-aipv-and-segment-forecasts-to-2022 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. To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/dye-sensitized-solar-cell-market-analysis-byapplication-portable-charging-bipv-bapv-embedded-electronics-outdoor-advertisingautomotive-aipv-and-segment-forecasts-to-2022 Table of Content Chapter 1 Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Dye Sensitized Solar Cell (DSSC) - Industry summary & key buying criteria Chapter 3 Dye Sensitized Solar Cells Industry Outlook 3.1 Market Segmentation 3.2 Market Size and Growth Prospects 3.3 DSSC - Value Chain Analysis 3.3.1 Vendor Landscape 3.4 DSSC - Market dynamics 3.4.1 Market driver analysis 3.4.1.1 Cost effective DSSC module 3.4.1.2 Growing BIPV industry 3.4.1.3 Favorable regulatory scenario 3.4.1.4 Third generation solar PV advantage over thin films and silicone based solar cells 3.4.1.5 Ability to produce electricity under low light conditions 3.4.2 Market restraint analysis 3.4.2.1 Expensive conventional sensitizers 3.4.2.2 Sealing, toxicity and VOC problems in liquid electrolyte 3.5 Key opportunities - Prioritized
3.6 Industry Analysis - Porter's 3.7 DSSC - PESTEL Analysis Chapter 4 Dye Sensitized Solar Cells (DSSC) Application Outlook 4.1 DSSC market share by application, 2014 & 2022 4.2 Portable charging 4.2.1 Market estimates and forecast, 2012 - 2022 4.2.2 Market estimates and forecast by region, 2012 - 2022 4.3 BIPV/BAPV 4.3.1 Market estimates and forecast, 2012 - 2022 4.3.2 Market estimates and forecast by region, 2012 - 2022 4.4 Embedded Electronics 4.4.1 Market estimates and forecast, 2012 - 2022 4.4.2 Market estimates and forecast by region, 2012 - 2022 4.5 Outdoor Advertising 4.5.1 Market estimates and forecast, 2012 - 2022 4.5.2 Market estimates and forecast by region, 2012 - 2022 4.6 Automotive (AIPV) 4.6.1 Market estimates and forecast, 2012 - 2022 4.6.2 Market estimates and forecast by region, 2012 - 20222 4.7 Others 4.7.1 Market estimates and forecast, 2012 - 2022 4.7.2 Market estimates and forecast by region, 2012 – 2022 To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/dye-sensitized-solar-cell-market-analysis-byapplication-portable-charging-bipv-bapv-embedded-electronics-outdoor-advertisingautomotive-aipv-and-segment-forecasts-to-2022 Chapter 5 Dye Sensitized Solar Cells (DSSC) Regional Outlook 5.1 Global DSSC market volume share by region, 2014& 2022 5.2 North America 5.2.1 Market estimates and forecast, 2012 - 2022 5.2.2 Market estimates and forecast by application, 2012 - 2022 5.2.3 U.S. 5.2.3.1 Market estimates and forecast, 2012 - 2022 5.2.3.2 Market estimates and forecast by application, 2012 - 2022 5.3 Europe 5.3.1 Market estimates and forecast, 2012 - 2022 5.3.2 Market estimates and forecast by application, 2012 - 2022 5.3.3 Germany 5.3.3.1 Market estimates and forecast, 2012 - 2022 5.3.3.2 Market estimates and forecast, by application, 2012 - 2022
5.3.4 France 5.3.4.1 Market estimates and forecast, 2012 - 2022 5.3.4.2 Market estimates and forecast, by application, 2012 - 2022 5.3.5 UK 5.3.5.1 Market estimates and forecast, 2012 - 2022 5.3.5.2 Market estimates and forecast, by application, 2012 - 2022 5.4 Asia Pacific 5.4.1 Market estimates and forecast, 2012 - 2022 5.4.2 Market estimates and forecast, by application, 2012 - 2022 5.4.3 China 5.4.3.1 Market estimates and forecast, 2012 - 2022 5.4.3.2 Market estimates and forecast, by application, 2012 - 2022 5.4.4 India 5.4.4.1 Market estimates and forecast, 2012 - 2022 5.4.4.2 Market estimates and forecast, by application, 2012 - 2022 5.4.5 Japan 5.4.5.1 Market estimates and forecast, 2012 - 2022 5.4.5.2 Market estimates and forecast, by application, 2012 - 2022 5.5 Central & South America (CSA) 5.5.1 Market estimates and forecast, 2012 - 2022 5.5.2 Market estimates and forecast, by application, 2012 - 2022 5.6 Middle East & Africa 5.6.1 Market estimates and forecast, 2012 - 2022 5.6.2 Market estimates and forecast, by application, 2012 – 2022 To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/dye-sensitized-solar-cell-market-analysis-byapplication-portable-charging-bipv-bapv-embedded-electronics-outdoor-advertisingautomotive-aipv-and-segment-forecasts-to-2022 Chapter 6 Competitive Landscape 6.1 3GSolar Photovoltaics Ltd. 6.1.1 Company overview 6.1.2 Financial performance 6.1.3 Product benchmarking 6.1.4 Strategic initiatives 6.2 Dyesol Limited 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Exeger Sweden AB 6.3.1 Company Overview 6.3.2 Financial Performance
6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives 6.4 Fujikura Ltd. 6.4.1 Company Overview 6.4.2 Financial Performance 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives 6.5 G24 Power Ltd. 6.5.1 Company Overview 6.5.2 Financial Performance 6.5.3 Product Benchmarking 6.5.4 Strategic Initiatives 6.6 Konica Minolta Sensing Europe B.V. 6.6.1 Company Overview 6.6.2 Financial Performance 6.6.3 Product Benchmarking 6.7 Merck KGaA 6.7.1 Company Overview 6.7.2 Financial Performance 6.7.3 Product Benchmarking 6.7.4 Strategic Initiatives 6.8 Oxford Photovoltaics 6.8.1 Company Overview 6.8.2 Financial Performance 6.8.3 Product Benchmarking 6.8.4 Strategic Initiatives 6.9 Peccell Technologies, Inc. 6.9.1 Company Overview 6.9.2 Financial Performance 6.9.3 Product Benchmarking 6.10 Sharp Corporation 6.10.1 Company Overview 6.10.2 Financial Performance 6.10.3 Product Benchmarking 6.10.4 Strategic Initiatives 6.11 Solaris Nanosciences Corporation 6.11.1 Company Overview 6.11.2 Financial Performance 6.11.3 Product Benchmarking 6.12 Solaronix SA 6.12.1 Company Overview 6.12.2 Financial Performance 6.12.3 Product Benchmarking 6.12.4 Strategic Initiatives 6.13 Sony Corporation
6.13.1 Company Overview 6.13.2 Financial Performance 6.13.3 Product Benchmarking 6.13.4 Strategic Initiatives 6.14 Ricoh Company Ltd. 6.14.1 Company Overview 6.14.2 Financial Performance 6.14.3 Product Benchmarking 6.14.4 Strategic Initiatives 6.15 Commonwealth Scientific and Industrial Research Organisation (CSIRO) 6.15.1 Company Overview 6.15.2 Financial Performance 6.15.3 Product Benchmarking 6.15.4 Strategic Initiatives 6.16 National Institute for Materials Science (NIMS) 6.16.1 Company Overview 6.16.2 Financial Performance 6.16.3 Product Benchmarking 6.16.4 Strategic Initiatives To Download Sample Copy of This Report, Visit here: http://www.radiantinsights.com/research/dye-sensitized-solar-cell-market-analysis-byapplication-portable-charging-bipv-bapv-embedded-electronics-outdoor-advertisingautomotive-aipv-and-segment-forecasts-to-2022 About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For More Information, Visit http://www.radiantinsights.com/ Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc
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