The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% from 2023 to 2028

New York, June 22, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Next-Generation Solar Cell Market by Material, Installation, End User and Geography – Global Forecast to 2028” – https://www.reportlinker.com/p06469629/?utm_source=GNWCopper indium gallium selenides (CIGS) solar cells are among the most efficient thin-film PV technologies.CIGS PV cells are manufactured using CIGS by compressing between conductive layers.The commercial and industrial sector includes commercial buildings, banks and financial institutes, educational institutions, enterprises, manufacturing plants, hospitals, hospitality buildings, and so on.The lighting and other electricity needs are fulfilled by installing PV systems on the rooftop and open areas.The US held the largest share of the North American next-generation solar cell market in 2022 and is expected to register a significant CAGR during the forecast period.The growth of the next-generation solar cell market in the US is driven by factors like an increase in state and federal policies and PV systems adoption programs, among others.• By Company Type: Tier 1 – 40 %, Tier 2 – 40%, and Tier 3 – 20%
• By Designation: C-Level Executives –40%, Directors- 40%, and Others – 20%
• By Region: North America– 40%, Asia Pacific – 30%, Europe- 20%, and RoW – 10%
The report profiles key players in the next-generation solar cell market and analyzes their market shares. Players profiled in this report are First Solar (US), Hanwha Q CELLS (South Korea), Ascent Solar Technologies (US), Oxford PV (UK), Kaneka Solar Energy (Japan), Flisom (Switzerland), Solactron (US), Mitsubishi Chemical Group (Japan), MiaSole (US), and Hanergy thin film power group (China), Heliatek (Germany), Polysolar Technology (US), NanoPV technologies(US), 3D-Micromac(Germany), Suntech Power Holdings (China), Sharp Corporation(Japan), Trina Solar (China), Panasonic Corporation(Japan), Sol Voltaics(Sweden), Geo Green Power(England), Jinko Solar(China), Canadian Solar(Canada), Sunpower Corporation(US), Yingli Solar(China), REC Group(Norway)The report defines, describes, and forecasts the next-generation solar cell market based on material type, installation, end-user industry, and region.It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the next-generation solar cell market.The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall next-generation solar cell market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.1. The report segments the next-generation solar cell market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities in the d next-generation solar cell market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the next-generation solar cell market. The competitive landscape section describes the competitor ecosystem.
4. Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the next-generation solar cell marketRead the full report: https://www.reportlinker.com/p06469629/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)