Scope of Report:
Topics analyzed within the report include a detailed breakdown and analysis of the global markets for alternative solar PV technologies by geography, technology and application. Additionally, included are a review of the different technologies currently in commercial use; a review of early-stage technologies that are beginning to see transfer from research to commercialization; a sketch of the industry's current structure, including competitive and regulatory analysis within this context; and major factors impelling and impeding global growth. The scope of the report extends to sizing of the alternative solar photovoltaic technologies market and an analysis of global market trends with market data for 2017 being considered as the base year, 2018 as the estimate year and forecast for 2023 with projection of CAGR from 2018 to 2023. Market data is provided in terms of megawatts installed annually and U.S. dollar value at global and regional levels, as well as select countries for alternative solar photovoltaic technologies.
The report focuses on assessment of alternative solar photovoltaic technologies and a detailed analysis of original equipment manufacturers and the related system providers. Market dynamics such as drivers, restraints, opportunities and challenges are also discussed in the report. The study forecasts the market value of the alternative solar photovoltaic technologies market for key technologies like CIS/CIGS, CdTe, a-Si, DSSC and OPV, among others. A deep dive analysis of CIGS technology is done by estimating the market trends for the application and production method segment. The report forecasts the market value of the CIGS alternative solar photovoltaic technologies market for major applications like grid tied applications, off grid applications, portable electronics and consumer products; and other applications like transportation, aerospace, remote sensing and military. The report also forecasts the market value of the CIGS alternative solar photovoltaic technologies market by production methods that include major manufacturing methods like sputtering, co-evaporation and other methods like electrochemical deposition and printing, among others.
While this report contains a significant amount of technical information due to the inherent nature of the subject and thus provides information valuable to engineers and scientists, it is primarily aimed at business professionals in fields related to alternative solar technologies. These may include manufacturers and their suppliers, financiers and investors, researchers with backgrounds in engineering and sciences, marketing and sales professionals, renewable energy advocates, and others.
This report may also prove valuable to professional analysts, investors, public policy advisors and others who are seeking a better understanding and definition of how alternative solar technologies fit into the broader global solar PV market, the global renewable energies market, the global electric energy market and the global energy market.
Not included in this report, except when inclusion of such information provides context for better understanding of the core topics being discussed, are -
- Monocrystalline silicon photovoltaics.
- Polycrystalline silicon photovoltaics.
- Solar thermal technologies.
- Concentrating solar power (as differentiated from concentrating photovoltaics).
- Other renewable energy generation technologies such as wind or geothermal.
Report Includes:
- 79 data tables and 40 additional tables
- Country specific data and analysis for United States, Canada, Mexico, Japan, China, India, South Korea, Thailand, Australia, Malaysia, Taiwan, Germany, France, Italy, Spain, U.K., Denmark, and the Netherlands
- Coverage of history, components and applications of solar PV systems
- Discussion of drivers, restraints, opportunities and challenges of the industry
- Details of advancements in alternative photovoltaic technology
- Insights of competitive and regulatory analysis and major factors impelling and impeding global growth
- Complete understanding of the key technologies like Cadmium Telluride (Cdte), Copper Indium Gallium (Di)selenide (CIS/CIGS) and Amorphous Silicon (A-si)
- Company profiles of the major players of the industry, including Ascent Solar Technologies Inc., First Solar Inc., Manz Ag, Showa Shell Sekiyu K.K. (Solar Frontier K.K.) and Hanergy
Summary
Alternative solar photovoltaic technologies have become an inseparable part of the solar PV industry. Alternative solar photovoltaic technologies offer the prospects of higher conversion efficiencies, lighter weight, new applications, greater mechanical flexibility and less fragility. They also offer the potential for significantly lower production costs that may be highly competitive with grid electricity produced through traditional generative sources such as carbon-based fuels, as well as with other types of more traditional solar PV technologies such as mono- and polycrystalline silicon modules.
Current worldwide sales figures support this trend and suggest that the alternative solar photovoltaic technologies market will grow gradually during the coming years. Forecasts of actual market volumes predict installation of more than REDACTED GW of alternative solar PV technologies by 2023. In 2017, First SolarInc. installed more than REDACTED GW of cadmium telluride (CdTe) modules worldwide. Alternative solarphotovoltaic technologies have until now been most successful in the U.S., Japan, China and Germany,but are likely to gain popularity across the globe.
Alternative solar photovoltaic technologies are divided into second generation and third generation solar PV technologies.
Second generation technologies are currently commercially viable and deployed on a relatively wide basis; they compete within the power generation segment, and more narrowly, their nearest competition is with c-Si PV technologies. The most widely utilized technologies are thin-film technologies (non-c-Si), which may be composed of the following -
- Cadmium telluride (CdTe) cells and modules.
- Copper indium gallium (di)selenide (CIGS or CIS) cells and modules.
- Amorphous silicon (a-Si; non-crystalline) cells and modules.
- Gallium-arsenide (GaAs).
Third-generation photovoltaics encompass a diverse set of technologies that range from those that are still in a highly theoretical stage to others that are in the earliest stages of commercial deployment in mostly specialized applications or niche markets. When compared to present adoption rates, the growth in both raw numbers and percentages will be highly impressive in the next five years for thirdgeneration PV, since they are beginning from such a low initial threshold. However, the overall size of the markets will remain small relative to c-Si and even other technologies in the second-generation PV category as companies continue to deal with the challenges of low conversion efficiencies and very specific environmental operating condition requirements for certain third-generation technologies (such as OPV) to achieve optimal performance.
The nearly $REDACTED billion worldwide market for alternative solar photovoltaic technologies that waswitnessed in 2018 will continue to grow gradually at a CAGR of REDACTED% through 2023. This market is stableand growing as a result of the gradual expansion of solar PV installations into niche applications like building integrated photovoltaic (BIPV), building applied photovoltaic systems (BAPV), lightweightrooftop, portable electronics, consumer products, aerospace and military, among others; opening newer opportunities for alternative solar photovolta ic technologies.
Alternative Solar Photovoltaic Technologies: Global Markets-Focus on CIGS
Table of Contents
Chapter 1 Introduction
Study Background
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Introduction
History of PV Technologies
The Photovoltaic Effect
Silicon and the PV Effect
First-generation PV Technologies
Monocrystalline Silicon Technology
Multi-crystalline Solar Cells
Overview of Alternative Solar PV Technologies
Second-generation Photovoltaics
Third-generation Photovoltaics
Components of Solar PV Systems
Balance of System
Other Costs
Applications of Solar PV Technologies
Building-integrated Photovoltaics (BIPV)
Advancements in Alternative PV Technology
Silicon Nanowires
All-Carbon Solar Cells
Graphene in Solar Cells
Plasmonic Nanostructures
Chapter 4 Market Dynamics
Introduction
Key Market Growth Drivers
Rising Energy Demand
Rising Thrust to Reduce Dependence on Fossil Fuels for Power Generation
Tax Incentives and Regulatory Assistance for the Growth of Solar PV Technologies
Building-integrated Photovoltaic Applications (BIPVs)
Key Market Growth Restraints
Higher Module Cost and Limited Efficiency of Alternative PV Modules
Dominance of c-Si Modules Across All Applications
Key Market Growth Opportunities
Application in Niche Areas
Chapter 5 Global Market for Alternative Solar PV Technologies by Type
Overview
Life Cycle Assessment (LCA)
Cadmium Telluride (CdTe) Solar PV Technology
Cadmium Telluride (CdTe) Solar PV Technology Market Size
CIGS Solar PV Technology
CIGS Solar PV Technology Market Size
Amorphous Silicon (a-Si) Solar PV Technology
Amorphous Silicon Solar PV Technology Market Size
Other Solar PV Technologies
Concentrated Photovoltaics (CPV)
Perovskite PV cells
Other Solar PV Technologies Market Size
Chapter 6 Global Market for CIGS Solar PV Technology by Application
Overview
Off-grid Building Applications
Grid-tied Applications
Portable Electronics and Customer Products Applications
Other Applications of CIGS Solar PV
Chapter 7 Global Market for CIGS Solar PV Technology by Production Method
Introduction
Sputtering
Co-evaporation
Other Production Methods
CIGS Solar PV Technology Production Methods Market Size
Chapter 8 Global Market for Alternative Solar PV Technologies by Region
Introduction
Solar Irradiance
Levelized Cost of Electricity (LCOE)
Global Alternative Solar PV Technologies Market Size
North America
North American Annual Solar PV Installations
North American Alternative Solar PV Technology Market Size by Country
North American Alternative Solar PV Technologies Market Size
North American CIGS Solar PV Technology Application Market Size
United States
Rest of North America
Asia-Pacific
Asia-Pacific Annual Solar PV Installations
Asia-Pacific Alternative Solar PV Technologies Market Size by Country
Asia-Pacific Alternative Solar PV Technologies Market by Type
Asia-Pacific CIGS Solar PV Technology Market Size by Application
Japan
India
China
Rest of Asia-Pacific
Europe
European Annual Solar PV Installations
Europe Alternative Solar PV Technologies Market Size by Country
European Alternative Solar PV Technologies Market Size by Type
European CIGS Solar PV Technology Market Size by Application
Germany
Rest of Europe
Rest of the World
Rest of the World Annual Solar PV Installations
Rest of the World Alternative Solar PV Technologies Market Size by Type
Rest of the World CIGS Solar PV Technology Market Size by Application
Chapter 9 Competitive Landscape
Industry Overview
Market Share Analysis
Market Strategy Analysis
Key Market Developments
Chapter 10 Company Profiles
ANTEC SOLAR GMBH
ASCENT SOLAR TECHNOLOGIES INC.
Products Offered
Financials
Recent Developments
AVANCIS GMBH
Products Offered
Recent Developments
FIRST SOLAR INC.
Products Offered
Financials
Recent Developments
FLISOM AG
Recent Developments
GLOBAL SOLAR INC.
Recent Developments
HANERGY THIN-FILM POWER GROUP LTD.
Products Offered
Financials
Recent Developments
HELIATEK GMBH
HELIOTROP SAS
HELIOVOLT
KANEKA CORP.
Recent Developments
MANZ AG
Products Offered
Financials
Recent Developments
MIASOLE HI-TECH CORP.
MICROLINK DEVICES INC.
Recent Developments
MIDSUMMER AB
MOSER BAER INDIA LTD.
NANOSOLAR INC.
ONYX SOLAR ENERGY
OPVIUS GMBH
Recent Developments
OXFORD PHOTOVOLTAICS LTD.
SHOWA SHELL SEKIYU K.K. (SOLAR FRONTIER K.K.)
Products Offered
Financials
Recent Developments
SIVA POWER INC.
Recent Developments
SOITEC
SOLAR JUNCTION CORP.
SOLARMER ENERGY INC.
SOLARONIX SA
SOLARWORLD INDUSTRIES GMBH
SOLIBRO GMBH
Recent Developments
SOLOPOWER SYSTEMS INC.
Recent Developments
SUNSHINE PV CORP.
WURTH GROUP
Recent Developments
Chapter 11 Appendix: Acronyms
Report Sources
List of Tables
Summary Table : Global Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 1 : Band Gap Energy Values of Semiconductors Used in PV Cells (eV)
Table 2 : Elements Common to All PV Cells
Table 3 : Electricity Access, by Region, 2016 and Targets
Table 4 : Global Electricity Generation, by Region 2012-2017
Table 5 : Global Net Electricity Generation, by Fuel, 2016-2040
Table 6 : Targets for 100% of Total Electricity from Renewables
Table 7 : Annual Solar PV Capacity Additions
Table 8 : Renewable Power Targets for Specific Amount of Installed Capacity or Generation
Table 9 : 2017 FIT Policy Adjustments
Table 10 : Comparison of Global Alternative Solar PV Thin-film Technologies
Table 11 : Life Cycle Assessment of Different Types of PV Modules.
Table 12 : Global Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 13 : Global Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 14 : Average Cost of Alternative Solar PV Modules, by Type, 2018 and 2023
Table 15 : Global Market Volumes of CdTe Solar PV Technology, by Region, Through 2023
Table 16 : Global Market for CdTe Solar PV Technology, by Region, Through 2023
Table 17 : Global Market Volumes of CIGS Solar PV Technology, by Region, Through 2023
Table 18 : Global Market for CIGS Solar PV Technology, by Region, Through 2023
Table 19 : Global Market Volumes of Amorphous-Si Solar PV Technology, by Region, Through 2023
Table 20 : Global Market for Amorphous-Si Solar PV Technology, by Region, Through 2023
Table 21 : Description of Concentrated PV Classes
Table 22 : Global Market Volumes of Other Solar PV Technologies, by Region, Through 2023
Table 23 : Global Market for Other Solar PV Technology, by Region, Through 2023
Table 24 : Manufacturing Costs of Modules for CIGS Solar PV Technology for Different Applications, 2018 and 2023
Table 25 : Global Market Volumes of CIGS Solar PV Technology, by Application, Through 2023
Table 26 : Global Market for CIGS Solar PV Technology, by Application, Through 2023
Table 27 : Global Market Volumes of CIGS Solar PV Technology in Off-Grid Building Applications, by Region, Through 2023
Table 28 : Global Market for CIGS Solar PV Technology in Off-Grid Building Applications, by Region, Through 2023
Table 29 : Global Market Volumes of CIGS Solar PV Technology in Grid-tied Applications, by Region, Through 2023
Table 30 : Global Market for CIGS Solar PV Technology in Grid-tied Applications, by Region, Through 2023
Table 31 : Global Market Volumes of CIGS Solar PV Technology in Portable Electronics and Customer Products Applications, by Region, Through 2023
Table 32 : Global Market for CIGS Solar PV Technology in Portable Electronics and Customer Products Applications, by Region, Through 2023
Table 33 : Global Market Volumes of CIGS Solar PV Technology in Other Applications, by Region, Through 2023
Table 34 : Global Market for CIGS Solar PV Technology in Other Applications, by Region, Through 2023
Table 35 : Global Market Volumes of CIGS Solar PV Technology, by Production Method, Through 2023
Table 36 : Global Market for CIGS Solar PV Technology, by Production Method, Through 2023
Table 37 : Annual Global Horizontal Irradiance and Direct Normal Irradiance for WEC Geo-Regions
Table 38 : Global Market Volumes of Alternative Solar PV Technologies, by Region, Through 2023
Table 39 : Global Market for Alternative Solar PV Technologies, by Region, Through 2023
Table 40 : North American Annual Installed Solar PV Power, 2012-2017
Table 41 : North American Market Volumes of Alternative Solar PV Technologies, by Country, Through 2023
Table 42 : North American Market for Alternative Solar PV Technologies, by Country, Through 2023
Table 43 : North American Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 44 : North American Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 45 : North American Market Volumes of CIGS Solar PV Technology, by Application, Through 2023
Table 46 : North American Market for CIGS Solar PV Technology, by Application, Through 2023
Table 47 : Revised U.S. Feed-in-Tariffs, 2018-2021
Table 48 : U.S. Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 49 : U.S. Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 50 : Rest of the North American Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 51 : Rest of North American Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 52 : Asia-Pacific Annual Installed Solar PV Power, 2012-2017
Table 53 : Asia-Pacific Market Volumes of Alternative Solar PV Technologies, by Country, Through 2023
Table 54 : Asia-Pacific Market for Alternative Solar PV Technologies, by Country, Through 2023
Table 55 : Asia-Pacific Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 56 : Asia-Pacific Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 57 : Asia-Pacific Market Volumes of CIGS Solar PV Technology, by Application, Through 2023
Table 58 : Asia-Pacific Market for CIGS Solar PV Technology, by Application, Through 2023
Table 59 : Japanese Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 60 : Japanese Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 61 : Indian Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 62 : Indian Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 63 : China's New Solar PV FIT Policy
Table 64 : Chinese Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 65 : Chinese Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 66 : Rest of Asia-Pacific Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 67 : Rest of Asia-Pacific Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 68 : European Annual Installed Solar PV Power, Germany vs. the Rest of Europe, 2012-2017
Table 69 : European Market Volumes of Alternative Solar PV Technologies, by Country, Through 2023
Table 70 : European Market for Alternative Solar PV Technologies, by Country, Through 2023
Table 71 : European Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 72 : European Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 73 : European Market Volumes of CIGS Solar PV Technology, by Application, Through 2023
Table 74 : European Market for CIGS Solar PV Technology, by Application, Through 2023
Table 75 : German Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 76 : German Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 77 : Rest of European Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 78 : Rest of European Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 79 : Rest of the World Annual Installed Solar PV Capacity, 2012-2017
Table 80 : Rest of the World Market Volumes of Alternative Solar PV Technologies, by Type, Through 2023
Table 81 : Rest of the World Market for Alternative Solar PV Technologies, by Type, Through 2023
Table 82 : Rest of the World Market Volumes of CIGS Solar PV Technology, by Application, Through 2023
Table 83 : Rest of the World Market for CIGS Solar PV Technology, by Application, Through 2023
Table 84 : Contracts and Agreements, 2014-2018
Table 85 : New Product Developments, 2014-2018
Table 86 : Expansions, 2014-2018
Table 87 : Mergers and Acquisitions, 2017-2018
Table 88 : Other Developments, 2014-2018
Table 89 : Ascent Solar Technologies Inc.: Products Offered
Table 90 : Ascent Solar Technologies Inc.: Company Financials, 2015-2017
Table 91 : Ascent Solar Technologies Inc.: Recent Developments
Table 92 : AVANCIS GmbH: Products Offered
Table 93 : AVANCIS GmbH: Recent Developments
Table 94 : First Solar Inc.: Products Offered
Table 95 : First Solar Inc.: Company Financials, 2015-2017
Table 96 : First Solar: Recent Developments
Table 97 : Flisom AG: Recent Developments
Table 98 : Global Solar Energy Inc.: Recent Developments
Table 99 : Hanergy Thin-film Power Group Ltd.: Products Offered
Table 100 : Hanergy Thin-film Power Group Ltd.: Company Financials, 2015-2017
Table 101 : Hanergy Thin-film Power Group Ltd.: Recent Developments
Table 102 : Heliatek GmbH: Recent Developments
Table 103 : Kaneka Corp.: Recent Developments
Table 104 : Manz AG: Products Offered
Table 105 : Manz AG: Company Financials, 2015-2017
Table 106 : Manz AG: Recent Developments
Table 107 : MicroLink Devices Inc.: Recent Developments
Table 108 : Midsummer AB: Recent Developments
Table 109 : OPVIUS GmbH: Recent Developments
Table 110 : Oxford Photovoltaics Ltd.: Recent Developments
Table 111 : Showa Shell Sekiyu K.K., (Solar Frontier K.K.): Products Offered
Table 112 : Showa Shell Sekiyu K.K., (Solar Frontier K.K.): Company Financials, 2015-2017
Table 113 : Solar Frontier K.K.: Recent Developments
Table 114 : Siva Power Inc.: Recent Developments
Table 115 : Solibro GmbH: Recent Developments
Table 116 : Solopower Systems Inc.: Recent Developments
Table 117 : Würth Group: Recent Developments
Table 118 : Acronyms Used in the Alternative Solar PV Technology Industry
Table 119 : Report Sources
List of Figures
Summary Figure : Global Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 1 : Global Electricity Generation Share, by Region 2012-2017
Figure 2 : Global Net Electricity Generation Share, by Fuel, 2016-2040
Figure 3 : Annual Solar PV Capacity Additions
Figure 4 : Global Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 5 : Global Market for CdTe Solar PV Technology, by Region, 2017-2023
Figure 6 : Global Market for CIGS Solar PV Technology, by Region, 2017-2023
Figure 7 : Global Market for Amorphous-Si Solar PV Technology, by Region, 2017-2023
Figure 8 : Global Market for Other Solar PV Technologies, by Region, 2017-2023
Figure 9 : Global Market for CIGS Solar PV Technology, by Application, 2017-2023
Figure 10 : Global Market for CIGS Solar PV Technology, by Production Method, 2017-2023
Figure 11 : Global Market for Alternative Solar PV Technologies, by Region, 2017-2023
Figure 12 : North American Share of Annual Installed PV Power, the U.S. vs. the Rest of North America, 2017
Figure 13 : North American Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 14 : North American Market for CIGS Solar PV Technology, by Application, 2017-2023
Figure 15 : U.S. Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 16 : Asia-Pacific Shares of Annual Installed PV Power, by Country, 2017
Figure 17 : Asia-Pacific Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 18 : Asia-Pacific Market for CIGS Solar PV Technology, by Application, 2017-2023
Figure 19 : Japanese Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 20 : Indian Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 21 : Chinese Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 22 : Rest of Asia-Pacific Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 23 : European Shares of Annual Installed PV Power, Germany vs. The Rest of Europe, 2017
Figure 24 : European Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 25 : European Market for CIGS Solar PV Technology, by Application 2017-2023
Figure 26 : German Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 27 : Rest of European Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 28 : Rest of the World Annual Installed Solar PV Capacity, 2012-2017
Figure 29 : Rest of the World Market for Alternative Solar PV Technologies, by Type, 2017-2023
Figure 30 : Rest of the World Market for CIGS Solar PV Technology, by Application, 2017-2023
Figure 31 : Global Alternative Solar PV Technologies Market Share, by Company, 2017
Figure 32 : Key Market Strategies Adopted by Companies, 2014-2018
Figure 33 : First Solar Inc.: Revenue Share, by Business Segment, 2017
Figure 34 : First Solar Inc.: Revenue Share, by Region, 2017
Figure 35 : Hanergy Thin-film Power Group Ltd.: Revenue Share, by Business Segment, 2017
Figure 36 : Hanergy Thin-film Power Group Ltd.: Revenue Share, by Region, 2017
Figure 37 : Manz AG: Revenue Share, by Business Segment, 2017
Figure 38 : Manz AG: Revenue Share, by Region, 2017
Figure 39 : Showa Shell Sekiyu K.K., (Solar Frontier K.K.): Revenue Share, by Business Segment, 2017
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