Global organic photovoltaics
(OPV) market is segmented on the basis of efficiency, type, product,
application, end user, and geography. Organic photovoltaics (OPV) are systems
that convert solar energy into electrical energy using organic small molecules
or organic polymers directly or indirectly. Organic photovoltaics technology is
useful in addressing the issues on energy requirements and environmental
health.
Organic photovoltaics (OPV) have
a photosensitive nature of the organic matter as a semoconductor material. The
voltage of photovoltaic effect is produced by the current to get the effect of
solar power. In market different types of organic photovoltaic cells (OPVs) are
available such as single layered and multilayered structured cells. Both types
of cell are mostly used in research and small area applications.
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The factors that play an
important role in the growth of organic photovoltaics (OPV) market include good
performance under indoor lighting conditions, excellent form factor, low
capital expenditure, and potentially very low energy production costs using
printable plastics. Based on efficiency, the organic photovoltaics (OPV) market
is segmented into polymer, small molecule, perovskite, and so on.The segment
“perovskite” organic photovoltaics have high efficiency than the other two
organic photovoltaics. Based on type, the organic photovoltaics (OPV) market is
segmented into DSSC and P-N heterojunction.
Based on product, the organic
photovoltaics (OPV) market is segmented into organic polymer material type,
small organic molecules material type and so on. Based on application, the
organic photovoltaics (OPV) market is segmented into building, power generation
(building-integrated (BIPV) and building-applied (BAPV)), wearable device,
mobile phone charger, solar chargers, and so on.
Based on end user, the organic
photovoltaics (OPV) market is segmented into utility, residential,
non-residential, power plant application, military application, space &
defence, industrial projects and so on. Based on geography, the organic
photovoltaics (OPV) market is segmented into Latin America, Europe, North
America, Asia Pacific and Middle East & Africa.
Europe holds the largest share in
the organic photovoltaics (OPV) industry and is expected to continue with the
same in the upcoming years due to government policies and presence of leading
players; followed by North America. Key players operating in the organic
photovoltaics (OPV) industry are Heliatek GmbH, Sumitomo Chemical Co. Ltd.,
Armor Group, AGC, Henkel, CSEM Brasil, Toshiba, BASF, Heraeus, EMD Performance
Materials, New Energy Technologies Inc., Solarmer Energy, Disa Solar Inc.,
Belectric OPV GmbH and Mitsubishi Chemical Corporation
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