Dye-Sensitized Solar Cells Market Analysis

  • Report ID: 3760
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Dye-Sensitized Solar Cells Market Analysis

The market is segmented by application into portable charging, BIPV/BAPV, embedded electronics, outdoor advertising, and automotive, out of which, the portable charging segment is anticipated to hold the largest share in the global dye-sensitized solar cells market. This can be accounted to the growing demand for dye-sensitized cells in portable charging owing to their ability to offer optimal wattage in mobile devices. Apart from these, the building applied photovoltaics (BAPV)/building-integrated photovoltaics (BIPV) segment is predicted to witness the highest growth in the future ascribing to the increasing demand for energy from residential areas for rooftop panels and water heating. Additionally, on the basis of type of dye, the natural segment is assessed to occupy the largest share during the forecast period, which can be credited to the fact that natural dyes cut down the high cost of metal complex sensitizer notably. 

Our in-depth analysis of the global market includes the following segments:

           By Type of Dye

  • Natural
  • Synthetic

             By Application

  • Portable Charging
  • BIPV/BAPV
  • Embedded Electronics
  • Outdoor Advertising
  • Automotive
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3760
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of dye-sensitized solar cells is assessed at USD 126.19 million.

Dye-Sensitized Solar Cells Market size was valued at USD 114.8 million in 2023 and is expected to exceed USD 524.69 million by 2036, registering over 12.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by rising investments towards renewable resources, and surge in technological innovations associated with solar cells.

Europe industry is poised to account for largest revenue share by 2036, impelled by initiatives by European Commission to reduce dependence on non-renewable energy sources, and high rate of installation of dye-sensitized solar cells in BIPV.

The major players in the market are Dyenamo AB, Solaronix SA, Sharp Corporation, Peccell Technologies, Inc., Dyesol Limited, and others.
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