Perovskite Solar Cell Market Analysis

Type (Flexible, Hybrid, Multifunctional)

In terms of type, the flexible segment in the perovskite solar cell market is expected to account for a significant revenue share of 40% by the end of 2037. The versatility and innovative potential of flexible PSCs make them an ideal choice for solar energy applications and can be integrated into various surfaces and materials such as portable chargers, clothing, and unconventional building structures. Their lightweight and flexibility have paved the way for new opportunities in solar installations, especially in areas where traditional rigid panels are not feasible. One of the leading companies in the market, Sekisui launched a next-generation type of solar cells in May 2024. These perovskite cells are light and flexible making them suitable for building walls, curved surfaces, and loadbearing roofs.

Structure (Planar, Mesoporous Perovskite Solar Cell);

Based on structure segmentation, the planar segment in the perovskite solar cell market is anticipated to hold a share of 60% during the forecast timeframe. Planar perovskite solar cells are currently the dominant technology in the industry, largely due to their simpler device architecture and fabrication processes compared to other types of cells. Recent improvements in material engineering and device optimization have greatly enhanced their power conversion efficiency. Furthermore, planar perovskite solar cells demonstrate improved stability and durability, effectively addressing worries about the long-term performance of perovskite materials.

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