Last updated on April 24, 2014 at 21:24 EDT

NanoMarkets Releases Updated Analysis of Organic Photovoltaics (OPV) OPV Market

May 8, 2012

GLEN ALLEN, Va., May 8, 2012 /PRNewswire/ — Industry analyst firm NanoMarkets announces the release of an updated market analysis and forecast for the organic photovoltaics market, “Opportunities in the Organic Photovoltaics Market – 2012.” In the report NanoMarkets says that while the total market value of OPV modules at the application level has the potential to grow from about $90 million in 2012 to $215 million by 2015 and to over $700 million by 2019, the industry is facing a make or break scenario within the next two years.

Additional details about the report are available at: http://nanomarkets.net/market_reports/report/opportunities_in_the_organic_photovoltaics_market_2012 .

The firm recently released a report on the dye sensitized cell PV market in late April of this year. Details of that report are available at: http://nanomarkets.net/market_reports/report/dye_sensitized_cell_markets_2012

About the Report:
This report is designed to help both materials and panel/product manufacturers identify the available opportunities for generating revenue from OPV. It includes detailed eight-year forecasts for volumes, in power output and/or area terms and revenues, resulting from sales both of the materials used to manufacture OPV modules, as well as the revenues from sales of the OPV modules themselves. The OPV materials forecasts are broken out by material type – donors, acceptors, HTLs/EBLs, electrodes, substrates, and encapsulation technologies – and the OPV modules forecasts broken out by PV application – portable charging, embedded electronics, BIPV/BAPV, AIPV, and so on.

The report also contains a discussion of some of the key players in the DSC marketplace, including Konarka, Heliatek, Solarmer, New Energy Technologies, BASF, Agfa, IMEC, Solvay, Global Photonic Energy, Solarpress, Eight19, Mitsubishi, Polyera, Heraeus, Merck, and others.

From the Report:
The OPV market continues to struggle to get off the ground. The last year has produced a few bright spots – some new investments, some modest performance enhancements, additional demonstration and/or niche product launches, etc. – but the industry still needs a big breakthrough, or at least a clear path toward a larger-area or larger-scale application that can take OPV to the next level commercially.

The value propositions that have been claimed for OPV continue to get harder and harder to make: efficiencies are still very low in commercial products, costs are still very high, flexible encapsulation is still a problem, and a big market pull for portable, small-scale charging has not materialized. Meanwhile, development and commercialization of OPV’s closest “third generation” competitor, DSC PV, has outpaced that of OPV, especially in the larger-area BIPV and other grid-connected sectors. BIPV and related applications are important because they offer large enough volumes for OPV to break out commercially, recover the already-sunk investment costs, enable cost-reducing economies of scale, and establish long-term viability for the OPV industry.

NanoMarkets thinks that time for OPV may be running out. OPV firms must now move quickly or get left behind in these larger markets. We believe that the next two years will be the years in which OPV must finally prove itself in the PV market, both from a technical and cost perspective, or be relegated to permanent “specialty” status and an addressable market of no more than a few megawatts (MW) at best.

About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in energy, electronics and other markets created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of this kind and has been covering the photovoltaics sector for more than six years.

Visit www.nanomarkets.net for a full listing of NanoMarkets’ reports and other services.

SOURCE NanoMarkets

Source: PR Newswire