Research Expert: Sarah Overall
  • Published: Apr 2025
  • Pages: 150
  • SKU: IRTNTR80527

  • Latest News- Amorphous Silicon Solar Cell Market: Single-junction is expected to lead the Technology segment during 2025-2029

    The Amorphous Silicon Solar Cell Market is being driven by Cost-effectiveness of amorphous silicon technology

    The Amorphous Silicon Solar Cell Market is expected to grow at a CAGR of 5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 452.2 million. The amorphous silicon solar cell market is experiencing substantial growth due to innovative new product launches from key industry players, such as Panasonic Industry. On April 23, 2024, Panasonic unveiled its new Amorton series of hydrogenated amorphous silicon (a-Si:H) solar cells, specifically the AMG-1401C and AMG-1701C models. These advanced solar cells are engineered to boost efficiency and enhance aesthetic appeal for indoor energy harvesting applications. Ideal for Internet of Things (IoT) devices, sensor nodes, and other small electronic gadgets, the Amorton series offers a cost-effective design and visually appealing features, making it an alluring choice for various consumer electronics manufacturers. This latest introduction underscores Panasonic's commitment to pushing the boundaries of amorphous silicon solar cell technology. 

    Get more information on Amorphous Silicon Solar Cell Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Technology
      • Single-junction
      • Multi-junction
    • End-user
      • Residential
      • Commercial
      • Industrial
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • North America
        • US
      • Europe
        • Germany
        • UK
        • France
        • Italy
      • Middle East and Africa
        • South America

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Cost-effectiveness of amorphous silicon technology
        • Increasing demand for renewable energy
        • Rising adoption in consumer electronics

        However, the market also witnesses some limitations, which are as follows:

        • Lower efficiency compared to crystalline silicon
        • Competition from alternative solar technologies
        • Durability and degradation issues

        Benefits of Buying Global Amorphous Silicon Solar Cell Market Research Report by Technavio

        Rich Experience: 20+ years leading global market research, trusted insights across industries.

        Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

        Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

        Market Scope in Amorphous Silicon Solar Cell Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        199

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 5%

        Market growth 2025-2029

        USD 452.2 million

        Market structure

        market_structure.ucfirst

        YoY growth 2024-2025(%)

        3.7

        Key countries

        US, China, Japan, South Korea, Germany, India, France, Italy, UK, and Australia

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

        Request Free Sample

        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        Amorphous silicon solar cells are a key component in the shift towards renewable energy sources, addressing carbon emissions and climate change. Flexible solar panels, a type of amorphous silicon technology, offer environmental friendliness and are integrated into various applications, from building materials to consumer electronics. Manufacturing advancements, incentive programs, and technological innovations drive the market's growth. Power conversion efficiencies, net metering, and feed-in tariffs support the integration of solar energy solutions in large-scale projects and daily life. Amorphous silicon solar cells, as a thin-film technology, offer manufacturing flexibility through roll-to-roll production and partnerships, such as joint ventures. Despite challenges like heavy metals usage, the market continues to expand, with applications ranging from military & space to solar wristwatches. Solar cell technologies, including crystalline silicon and amorphous silicon, contribute to the global transition towards green energy, with ongoing advancements in cell design, energy storage, and power conversion efficiencies.

        Market Research Overview

        The Amorphous Silicon Solar Cell market is a significant segment of the larger global renewable electricity market, encompassing businesses involved in the manufacturing, generation, and distribution of electricity derived from this solar technology. Key drivers propelling market expansion include supportive policies and ambitious targets for renewable energy deployment. Solar power's cost-effectiveness, coupled with its growing applications in portable electronics and off-grid systems, further bolsters market growth. Solar cell design innovations and efficiency enhancements continue to fuel industry advancements, while research and development efforts further solidify solar energy's role as a viable, sustainable energy source. The sector's expansion also generates employment opportunities and contributes to the economy.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


        Contacts

        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

        Read News Read Less
        Interested in this report?
        Get your sample now!

      Safe and Secure SSL Encrypted

      Technavio

      • 2500 USD

      [5 reports/month/user]

      • 5000 USD

      close
      • Basic Plan [5000 USD/Year]:

        Single User
        Download 5 Reports/Month
        View 100 Reports/Month
        Add upto 3 Users at 625 USD/user

      • Teams Plan [7500 USD/Year]:

        5 User
        Download 5 Reports/Month/User
        View 100 Reports/Month/User
        Add upto 30 Users at 500 USD/user

      *You can upgrade to Teams plan at Subscription page

      close
      • Single:

        One user only.
        Quick & easy download option

      • Enterprise:

        Unlimited user access (Within your organization).
        Complimentary Customization Included

      *For Enterprise license, go to checkout page

      Technavio Get the report (PDF) sent to your email within minutes.