Dye-Sensitized Solar Cells Market Trends

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

Dye-Sensitized Solar Cells Market Trends

Growth Drivers

  • Rising Investments towards Renewable Resources
  • Surge in Technological Innovations Associated with Solar Cells

Challenges

  • Fluctuating Prices of Raw Materials

Dye-Sensitized Solar Cells Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

12.4%

Base Year Market Size (2023)

USD 114.8 million

Forecast Year Market Size (2036)

USD 524.69 million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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