Alternative Solar Photovoltaic Technologies: Global Markets-Focus on CIGS

Publish Date: May 2019 | Category: Energy & Power | Publisher: BCC Research | Status: Publish

The global market for alternative solar photovoltaic (PV) technologies should grow from $1.9 billion in 2018 to nearly $2.3 billion by 2023 with a compound annual growth rate (CAGR) of 3.6% for the period of 2018-2023. 

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.

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

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