OPV (Organic Solar Cell) Market

Global OPV (Organic Solar Cell) Market Size, Trends & Analysis - Forecasts to 2027 By Type (Bilayer Membrane Heterojunction, Schottky Type, Others), By Material (Polymers, Small Molecules) By Application (BIPV & Architecture, Consumer Electronics, Wearable Device, Automotive, Military & Defense and Others), By End-Use (Commercial, Industrial, Residential and Others) By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis

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This report was recently updated on June 18 2024 with the latest and most recent market numbers

OPV (Organic Solar Cell) Market Size

The Global OPV (Organic Solar Cell) Market is projected to grow at a CAGR value of 13.5% from 2022 to 2027.

According to UNCTAD, more than half of the population in developing countries do not have access to electricity. With solar cell technology converting solar power into electricity, the increasing demand for solar energy based electric power has helped the market grow. However, the sheer size and price of the technology bear heavy costs on the consumers and hence this trend is expected to act as a challenge for the market’s growth. Organic solar cells offer a cost-effective, flexible and lightweight alternative to traditional solar cells. The Organic solar cell (OPV), are created using ink-based technology which makes them much easier to install in a variety of devices as opposed to the silicon based solar cells.

The OPV market will be highly driven by increasing demand for sufficient electricity in developing and under-developed countries, rising need for renewable and sustainable sources of energy, growing awareness regarding integrating electricity into different products and increasing government subsidies and investments into organic solar cell (OPV) technology.

Furthermore, the low manufacturing cost and subsequently low purchase cost for the consumer and increasing research and development also act as market-drivers for organic solar cells (OPV).

Researchers have constantly tried to integrate organic solar cells (OPV) in everyday products such as clothes and automobile parts. Inventions like the solar shirts help in charging MP3 players, mobile phones and other portable devices effectively. Companies using flexible and invisible organic solar cell incorporated cars instead off traditional solar cells sun roofs in order to maintain the aesthetic value of cars.

global opv (organic solar cell) market

COVID-19 Impact on OPV (Organic Solar Cell) Market

The COVID-19 pandemic has created economic turmoil across industries and businesses worldwide. The lockdowns & social distancing restrictions in the wake of the pandemic have crippled economic activities, thereby disrupting supply chains, delaying projects, creating a shortage of labor, and causing demand for goods and services to tumble. Governments across the globe are taking multiple efforts to lessen the suffering caused by this pandemic. The global renewable sector is generally dependent on imports from other regions.

Ukraine-Russia War Impact on OPV (Organic Solar Cell) Market

The conflict in Russia and Ukraine caused major interruption as some companies cut relations with the Russia while others stopped doing business there, which had a huge negative economic impact on the adoption of OPVs. Electricity and semiconductor vendors left Russia as a result of sanctions on component imports and exports, and supply chain problems because of shortages. Therefore, the demand for OPVs is expected to fall in these two countries.

OPV (Organic Solar Cell) Market: By Type

Based on the type, the OPV (Organic Solar Cell) market is divided into bilayer membrane heterojunction, Schottky type and others. The bilayer membrane heterojunction segment is expected to be the largest segment in the market from 2022 to 2027. Bilayer membrane heterojunction have the additional qualities of having efficient power conversions and offer thermal stability, and hence have higher adoption rate than schottky type and other types of OPVs.

OPV (Organic Solar Cell) Market: By Material

Based on the material, the OPV (Organic Solar Cell) market is divided into polymers and small molecules. The polymers segment is expected to be the largest segment in the market from 2022 to 2027. Polymer based organic solar cells are highly adopted mainly for their flexibility and transparency, in electronic and semiconductor products. Along with this, polymer organic solar cells are cheaper to produce and are also environmentally sustainable. The technology makes electricity generation affordable, helps in scaling up production process and can be efficiently integrated into complex devices and surfaces. Hence, this segment is ought to be the largest segment in the market.

OPV (Organic Solar Cell) Market: By Application

Based on the application, the OPV (organic solar cell) market is divided into BIPV & architecture, consumer electronics, wearable devices, automotive, military & device and others. The BIPV & architecture segment is expected to be the fastest-growing segment in the market from 2022 to 2027.

Building-integrated photovoltaics (BIPV) and architecture is the use of flexible and lightweight natured organic solar cell used in residential and office buildings. Incorporation of solar cells in buildings have reduced installation costs and have made use of empty spaces in buildings. Organic solar cells also offer freedom in shape and designs and hence can be fitted into building efficiently.

OPV (Organic Solar Cell) Market: By End-User

Based on the end-user, the OPV (Organic Solar Cell) market is divided into commercial, industrial, residential and others. The commercial segment is expected to be the largest segment in the market from 2022 to 2027.

Commercial sector has adopted organic solar cells in order to reduce their usage on non-renewable energy. For instance, as of 2022, the Cotswold Airport in England is set to become the first airport to use organic solar cells to power their airport.

global opv (organic solar cell) market

OPV (Organic Solar Cell) Market: By Region

North America (the United States, Canada, and Mexico) will have a dominant share in the OPV (Organic Solar Cell) market from 2022 to 2027. The major factor driving the growth of the market in the North American region is due to the presence of dominant players of organic solar cells manufacturing in the region, rising environmental consciousness and need for alternative renewable technologies and usage of organic solar cells by architects, builders and engineers in building structures.

Moreover, the Asia Pacific (India, China, Japan, Malaysia, Singapore, and the Rest of Asia Pacific) region is expected to be the fastest-growing segment in the OPV (organic solar cell) market during the forecast period. Cost-effectiveness of organic cells along with not occupying too much space will be major factors for the growth of organic solar cells in the region.

OPV (Organic Solar Cell) Market Share and Competitor Analysis

Sumitomo Chemical Co. Ltd, Mitsubishi Chemical Corporation, New Energy Technologies, Heliatek Gmbh, Disa Solar, Belectric Opv Gmbh, Solarmer Energy, Inc, Armor, Sunpower among others are the key players in the OPV (organic solar cell) market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Research Methodology

1.1    Research Assumptions

1.2    Research Methodology

1.2.1    Estimates and Forecast Timeline

1.3    Information Procurement

1.3.1    Purchased Database

1.3.2    GME’s Internal Database

1.3.3    Primary Research

1.3.4    Secondary Sources & Third-Party Perspectives

            1.3.4.1    Company Information Sources: Annual Reports, Investor Presentation, Press Release, SEC Filing, Company Blogs & Website

           1.3.4.2 Secondary Data Sources

1.4    Information or Data Analysis

1.4.1    Data Analysis Models

1.5    Market Application & Data Visualization

1.6    Data Validation & Publishing

1.7   Market Model

1.7.1    Model Details

              1.7.1.1 Top-Down Approach

               1.7.1.2 Bottom-Up Approach

1.8    Market Segmentation & Scope

1.9    Market Definition

Chapter 2   Executive Summary

2.1.    Global Market Outlook

2.2     Product Outlook

2.3     Material Type Outlook

2.4     Application Outlook

2.5     End-User Outlook

2.6     Regional Outlook

Chapter 3   Global Organic Solar Cell Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Organic Solar Cell Market

3.4 Metric Data on Healthcare Industry

3.5 Market Dynamic

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6    Porter’s Five Analysis

3.6.1 Supplier Power

3.6.2 Buyer Power

3.6.3 Substitution Threat

3.6.4 Threat from New Entrant

3.7 Market Entry Strategies

Chapter 4   Organic Solar Cell Market: Product Trend Analysis

4.1   Product: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

4.2     Bilayer Membrane Heterojunction

4.2.1    Market Estimates & Forecast Analysis of Bilayer Membrane Heterojunction Segment, By Region, 2019-2027 (USD Billion)

4.3   Schottky Type

4.3.1    Market Estimates & Forecast Analysis of Schottky Type Markets Segment, By Region, 2019-2027 (USD Billion)

4.4   Others

4.4.1    Market Estimates & Forecast Analysis of Others Markets Segment, By Region, 2019-2027 (USD Billion)

Chapter 5   Organic Solar Cell Market: Material Type Trend Analysis

5.1    Material Type: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2    Polymers

5.2.1    Market Estimates & Forecast Analysis of Polymers Segment, By Region, 2019-2027 (USD Billion)

5.3     Small Molecules

5.3.1    Market Estimates & Forecast Analysis of Small Molecules Segment, By Region, 2019-2027 (USD Billion)

Chapter 6   Organic Solar Cell Market: Application Trend Analysis

6.1    Application: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

6.2    BIPV & Architecture

6.2.1    Market Estimates & Forecast Analysis of BIPV & Architecture Segment, By Region, 2019-2027 (USD Billion)

6.3    Consumer Electronics

6.3.1    Market Estimates & Forecast Analysis of Governance, Consumer Electronics Segment, By Region, 2019-2027 (USD Billion)

6.4   Wearable Devices

6.4.1    Market Estimates & Forecast Analysis of Wearable Devices Segment, By Region, 2019-2027 (USD Billion)

6.5   Automotive

6.5.1    Market Estimates & Forecast Analysis of Automotive Segment, By Region, 2019-2027 (USD Billion)

6.6   Military & Defense

6.6.1    Market Estimates & Forecast Analysis of Military & Defense Segment, By Region, 2019-2027 (USD Billion)

6.7   Others

6.7.1    Market Estimates & Forecast Analysis of Others Segment, By Region, 2019-2027 (USD Billion)

Chapter 7   Organic Solar Cell Market: End-User Trend Analysis

7.1   End-User: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

7.2    Commercial      

7.2.1    Market Estimates & Forecast Analysis of Commercial Segment, By Region, 2019-2027 (USD Billion)

7.3    Residential

7.3.1    Market Estimates & Forecast Analysis of Residential Segment, By Region, 2019-2027 (USD Billion)

7.4    Industrial

7.4.1    Market Estimates & Forecast Analysis of Industrial Segment, By Region, 2019-2027 (USD Billion)

7.5    Others

7.5.1    Market Estimates & Forecast Analysis of Others Segment, By Region, 2019-2027 (USD Billion)

Chapter 8   Organic Solar Cell Market, By Region

8.1    Regional Outlook

8.2    North America

8.2.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

8.2.2    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.2.3    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.2.4    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.2.5    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.2.6    U.S.

8.2.6.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.2.6.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.2.6.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.2.6.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.2.7    Canada

8.2.7.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.2.7.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.2.7.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.2.7.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.2.8    Mexico

8.2.8.1    Market Estimates & Forecast Analysis, By Product, 2019-2027 (USD Billion)

8.2.8.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027 (USD Billion)

8.2.8.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

8.2.8.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3    Europe

8.3.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

8.3.2    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.3    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.4    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.5    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.6    Germany

8.3.6.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.6.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.6.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.6.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.7    UK

8.3.7.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.7.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.7.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.7.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.8    France

8.3.8.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.8.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.8.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.8.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.9    Russia

8.3.9.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.9.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.9.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.9.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.10    Italy

8.3.10.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.10.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.10.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.10.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.11    Spain

8.3.11.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.3.11.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.3.11.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.3.11.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.3.12    Rest of Europe

8.3.12.1    Market Estimates & Forecast Analysis, By Product, 2019-2027 (USD Billion)

8.3.12.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027 (USD Billion)

8.3.12.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

8.3.12.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4    Asia Pacific

8.4.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

8.4.2    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.3    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.4    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.5    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.6    China

8.4.6.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.6.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.6.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.6.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.7    India

8.4.7.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.7.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.7.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.7.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.8    Japan

8.4.8.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.8.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.8.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.8.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.9    Australia

8.4.9.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.9.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.9.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.9.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.10    South Korea

8.4.10.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.4.10.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.4.10.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.4.10.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.4.11    Rest of Asia Pacific

8.4.11.1    Market Estimates & Forecast Analysis, By Product, 2019-2027 (USD Billion)

8.4.11.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027 (USD Billion)

8.4.11.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

8.4.11.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.5    Central & South America

8.5.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

8.5.2    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.5.3    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.5.4   Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.5.5   Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.5.6    Brazil

8.5.6.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.5.6.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.5.6.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.5.6.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.5.7    Rest of Central & South America

8.5.7.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.5.7.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.5.7.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.5.7.4    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.6    Middle East & Africa

8.6.1    Market Estimates & Forecast Analysis, By Country 2019-2027(USD Billion)

8.6.2    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.6.3    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.6.4    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.6.5    Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.6.6    Saudi Arabia

8.6.6.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.6.6.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.6.6.3   Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.6.6.4   Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.6.7    United Arab Emirates

8.6.7.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.6.7.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.6.7.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.6.7.4   Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.6.8    South Africa

8.6.8.1    Market Estimates & Forecast Analysis, By Product, 2019-2027(USD Billion)

8.6.8.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027(USD Billion)

8.6.8.3    Market Estimates & Forecast Analysis, By Application, 2019-2027(USD Billion)

8.6.8.4   Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

8.6.9   Rest of Middle East & Africa

8.6.9.1    Market Estimates & Forecast Analysis, By Product, 2019-2027 (USD Billion)

8.6.9.2    Market Estimates & Forecast Analysis, By Material Type, 2019-2027 (USD Billion)

8.6.9.3    Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

8.6.9.4   Market Estimates & Forecast Analysis, By End-User, 2019-2027(USD Billion)

Chapter 9   Competitive Analysis

9.1    Key Global Players, Recent Developments & their Impact on the Industry

9.2    Four Quadrant Competitor Positioning Matrix

9.2.1    Key Innovators

9.2.2    Market Leaders

9.2.3    Emerging Players

9.2.4    Market Challengers

9.3    Vendor Landscape Analysis

9.4    End-User Landscape Analysis

9.5    Company Market Share Analysis, 2021

Chapter 10   Company Profile Analysis

10.1    Competitive Analysis, 2022

10.2    Sumitomo Chemical Co. Ltd

10.2.1    Company Overview

10.2.2    Financial Analysis

10.2.3    Strategic Initiatives

10.2.4    Product Benchmarking

10.3    Mitsubishi Chemical Corporation

10.3.1    Company Overview

10.3.2    Financial Analysis

10.3.3    Strategic Initiatives

10.3.4    Product Benchmarking

10.4    New Energy Technologies

10.4.1    Company Overview

10.4.2    Financial Analysis

10.4.3    Strategic Initiatives

10.4.4    Product Benchmarking

10.5    Heliatek Gmbh

10.5.1    Company Overview

10.5.2    Financial Analysis

10.5.3    Strategic Initiatives

10.5.4    Product Benchmarking

10.6    Disa Solar

10.6.1    Company Overview

10.6.2    Financial Analysis

10.6.3    Strategic Initiatives

10.6.4    Product Benchmarking

10.7    Belectric Opv Gmbh

10.7.1    Company Overview

10.7.2    Financial Analysis

10.7.3    Strategic Initiatives

10.7.4    Product Benchmarking

10.8    Solarmer Energy, Inc

10.8.1    Company Overview

10.8.2    Financial Analysis

10.8.3    Strategic Initiatives

10.8.4    Product Benchmarking

10.9    Armor

10.10.1    Company Overview

10.10.2    Financial Analysis

10.10.3    Strategic Initiatives

10.10.4    Product Benchmarking

10.10    Other Companies

10.10.1    Company Overview

10.10.2    Financial Analysis

10.10.3    Strategic Initiatives

10.10.4    Product Benchmarking

List of Tables

1 Technological Advancements In Organic Solar Cell Market

2 Global Organic Solar Cell Market: Key Market Drivers

3 Global Organic Solar Cell Market: Key Market Challenges

4 Global Organic Solar Cell Market: Key Market Opportunities

5 Global Organic Solar Cell Market: Key Market Restraints

6 Global Organic Solar Cell Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)

7 Global Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

8 Bilayer Membrane Heterojunction: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

9 Schottky Type Markets: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

10 Others: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

11 Global Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

12 Polymers: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

13 Small Molecules: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

14 Global Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

15 BIPV & Architecture: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

16 Consumer Electronics: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

17 Wearable Devices: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

18 Automotive: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

19 Military & Defense: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

20 Others: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

21 Global Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

22 Residential: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

23 Industrial: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

24 Commercial: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

25 Regional Analysis: Global Organic Solar Cell Market, By Region, 2019-2027 (USD Billion)

26 North America: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

27 North America: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

28 North America: Organic Solar Cell Market, By Application , 2019-2027 (USD Billion)

29 North America: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

30 North America: Organic Solar Cell Market, By Country, 2019-2027 (USD Billion)

31 U.S: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

32 U.S: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

33 U.S: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

34 U.S: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

35 Canada: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

36 Canada: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

37 Canada: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

38 Canada: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

39 Mexico: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

40 Mexico: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

41 Mexico: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

42 Mexico: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

43 Europe: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

44 Europe: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

45 Europe: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

46 Europe: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

47 Germany: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

48 Germany: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

49 Germany: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

50 Germany: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

51 UK: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

52 UK: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

53 UK: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

54 UK: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

55 France: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

56 France: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

57 France: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

58 France: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

59 Italy: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

60 Italy: Organic Solar Cell Market, By T Material Type Ype, 2019-2027 (USD Billion)

61 Italy: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

62 ltaly: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

63 Spain: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

64 Spain: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

65 Spain: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

66 Spain: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

67 Rest Of Europe: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

68 Rest Of Europe: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

69 Rest Of Europe: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

70 Rest of Europe: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

71 Asia Pacific: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

72 Asia Pacific: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

73 Asia Pacific: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

74 Asia Pacific: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

75 Asia Pacific: Organic Solar Cell Market, By Country, 2019-2027 (USD Billion)

76 China: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

77 China: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

78 China: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

79 China: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

80 India: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

81 India: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

82 India: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

83 India: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

84 Japan: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

85 Japan: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

86 Japan: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

87 Japan: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

88 South Korea: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

89 South Korea: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

90 South Korea: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

91 South Korea: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

92 Middle East & Africa: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

93 Middle East & Africa: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

94 Middle East & Africa: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

95 Middle East & Africa: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

96 Middle East & Africa: Organic Solar Cell Market, By Country, 2019-2027 (USD Billion)

97 Saudi Arabia: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

98 Saudi Arabia: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

99 Saudi Arabia: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

100 Saudi Arabia: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

101 UAE: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

102 UAE: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

103 UAE: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

104 UAE: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

105 Central & South America: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

106 Central & South America: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

107 Central & South America: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

108 Central & South America: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

109 Central & South America: Organic Solar Cell Market, By Country, 2019-2027 (USD Billion)

110 Brazil: Organic Solar Cell Market, By Product, 2019-2027 (USD Billion)

111 Brazil: Organic Solar Cell Market, By Material Type, 2019-2027 (USD Billion)

112 Brazil: Organic Solar Cell Market, By Application, 2019-2027 (USD Billion)

113 Brazil: Organic Solar Cell Market, By End-User, 2019-2027 (USD Billion)

114 Sumitomo Chemical Co. Ltd: Products Offered

115 Mitsubishi Chemical Corporation: Products Offered

116 New Energy Technologies: Products Offered

117 Heliatek Gmbh: Products Offered

118 Disa Solar: Products Offered

119 Belectric Opv Gmbh: Products Offered

120 Solarmer Energy, Inc: Products Offered

121 Armor: Products Offered

122 Sunpower: Products Offered

123 Other Companies: Products Offered

List of Figures

1. Global Organic Solar Cell Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Organic Solar Cell Market: Penetration & Growth Prospect Mapping

7. Global Organic Solar Cell Market: Value Chain Analysis

8. Global Organic Solar Cell Market Drivers

9. Global Organic Solar Cell Market Restraints

10. Global Organic Solar Cell Market Opportunities

11. Global Organic Solar Cell Market Challenges

12. Key Organic Solar Cell Market Manufacturer Analysis

13. Global Organic Solar Cell Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Sumitomo Chemical Co. Ltd: Company Snapshot

16. Sumitomo Chemical Co. Ltd: Swot Analysis

17. Mitsubishi Chemical Corporation: Company Snapshot

18. Mitsubishi Chemical Corporation: Swot Analysis

19. New Energy Technologies: Company Snapshot

20. New Energy Technologies: Swot Analysis

21. Heliatek Gmbh: Company Snapshot

22. Heliatek Gmbh: Swot Analysis

23. Disa Solar: Company Snapshot

24. Disa Solar: Swot Analysis

25. Belectric Opv Gmbh: Company Snapshot

26. Belectric Opv Gmbh: Swot Analysis

27. Solarmer Energy, Inc: Company Snapshot

28. Solarmer Energy, Inc: Swot Analysis

29. ARMOR: Company Snapshot

30. ARMOR: Swot Analysis

31. Sunpower: Company Snapshot

32. Sunpower: Swot Analysis

33. Other Companies: Company Snapshot

34. Other Companies: Swot Analysis

The Global OPV (Organic Solar Cell) Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the OPV (Organic Solar Cell) Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The OPV (organic solar cell) market is projected to grow at a CAGR value of 13.5% from 2022 to 2027.
Sumitomo Chemical Co. Ltd, Mitsubishi Chemical Corporation, New Energy Technologies, Heliatek Gmbh, Disa Solar, Belectric Opv Gmbh, Solarmer Energy, Inc, Armor, Sunpower among others are the key players in the OPV (organic solar cell) Market.
The COVID-19 pandemic has created economic turmoil across industries and businesses worldwide. The lockdowns & social distancing restrictions in the wake of the pandemic have crippled economic activities, thereby disrupting supply chains, delaying projects, creating a shortage of labor, and causing demand for goods and services to tumble. Governments across the globe are taking multiple efforts to lessen the suffering caused by this pandemic. The global renewable sector is generally dependent on imports from other regions.
The OPV market will be highly driven by increasing demand for sufficient electricity in developing and under-developed countries, rising need for renewable and sustainable sources of energy, growing awareness regarding integrating electricity into different products and increasing government subsidies and investments into organic solar cell (OPV) technology.
The conflict in Russia and Ukraine caused major interruption as some companies cut relations with the Russia while others stopped doing business there, which had a huge negative economic impact on the adoption of OPVs. Electricity and semiconductor vendors left Russia as a result of sanctions on component imports and exports, and supply chain problems because of shortages. Therefore, the demand for OPVs is expected to fall in these two countries.

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