Organic PV Solar Cells Market Size

  • Report ID: 3513
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Organic PV Solar Cells Market Size

Organic PV Solar Cells Market size was valued at USD 121.3 million in 2024 and is set to exceed USD 780.79 million by 2037, registering over 15.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of organic pv solar cells is evaluated at USD 153.03 million.

The market's expansion can be attributed to rising demand for organic PV solar cells around the world, as well as increased awareness of the benefits. Organic photovoltaic cells have several advantages such as lower cost, lightweight, biodegradable, customizable, and adaptable to consumer needs, which are expected to drive market growth in the coming years.  As per the data of the International Energy Agency, solar PV power generation in 2021 increased by 22% growth from 2020 with a record of 179 TWh globally.

The increasing demand for solar energy consumption among people across the world is estimated to propel market growth. Also, the government initiatives to encourage the use of solar cells for power generation to benefit the nation are expected to have a positive impact on market growth. The market growth is also attributed to the increasing utilization of electricity across the world with a growing population around the globe. The demand for electricity across the world is estimated to rise by 2% per annum by the end of 2050.  The rising demand for eco-friendly power generation and environmental concerns to prevent the use of silicon-based materials in solar cells are driving market growth during the forecast period.


Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3513
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of organic pv solar cells is evaluated at USD 153.03 million.

The organic pv solar cells market size was valued at USD 121.3 million in 2024 and is set to exceed USD 780.79 million by 2037, registering over 15.4% CAGR during the forecast period i.e., between 2025-2037. Increasing use of renewable sources of electricity and a growing installation of organic solar cells will boost the market growth.

North America industry is poised to account for largest revenue share of 37% by 2037, attributed to increasing technology adoption among people that need huge amounts of electricity.

The major players in the market are Brite Solar, Novaled GmbH, New Energy Technologies, Inc., Eni S.p.A., NanoFlex Power Corporation, Solarmer Energy, Inc., Optodot Corporation, infinityPV, Heliatek, Cybrid Technologies Inc.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample