Revised NanoMarkets Numbers Show Thin Film and Organic Photovoltaic Materials Markets at $2.4 billion by 2011
analyst firm based here, today announced it has released an updated analysis
of the thin-film photovoltaics (TFPV) and organic photovoltaics (OPV)
materials markets. Although projected growth for the thin-film PV is likely
to suffer as the result of the economic downturn, it still represents an
attractive market for materials firms. The firm’s new analysis and forecast
projects revenues of
billion
http://www.nanomarkets.net.
Key Insights:
NanoMarkets believes that the current financial crisis will set back
improvements for some of the more advanced materials being developed for PV.
Efforts in the CIGS space — such as the development of better formulations of
selenium — will delayed. So will improvements in OPV materials that could
lead OPV beyond its current low conversion efficiencies. In addition, market
conditions will set back research into materials for so-called
third-generation PV such as cadmium selenide, cadmium sulfide, and cadmium
telluride nanocrystals. Such delays will slow the progress that TFPV has been
making at the expense of traditional crystalline silicon photovoltaics.
NanoMarkets also projects that amorphous silicon (a-Si) materials will
continue to dominate the TFPV/OPV sector over the next few years and will
account for well over half of the revenues from materials sold into that
sector. Sales of silane gas and other materials for a-Si are expected to
account for
developers of new TFPV materials is not good in the short term, NanoMarkets
still expects these materials to experience significant new demand in a couple
of years, which is when NanoMarkets believes that conditions will lead to
quantum leaps in the price of traditional energy sources. Therefore
NanoMarkets believes that firms who can afford to keep their advanced PV
materials programs will garner a long-term advantage.
About the Report:
NanoMarkets’ report, Materials for Thin Film and Organic Photovoltaics
(Revised Edition) provides a complete analysis of the commercial opportunities
in thin film and organic PV materials markets. The report includes detailed
eight-year forecasts of thin-film and organic materials broken out by material
functionality and chemistry, as well as reviews of the research and the
corporate strategies of firms active in the sector. The main photovoltaic
technologies covered include amorphous silicon, cadmium telluride, CIGS, dye
cells and pure organic approaches.
Detailed volume and value forecasts are provided for each material
covered. In addition, the report includes possible high-end and low-end
scenarios for the various TFPV and OPV materials markets. These scenarios
enable materials firms selling into the TFPV/OPV sector to plan successfully
for the highly uncertain future that they now face. We have also included
revised discussions of influential suppliers of TFPV products taking into
account announcements and developments since the original version of this
report. This new analysis shows their latest thinking on TFPV materials
development and R&D.
About NanoMarkets:
NanoMarkets tracks and analyzes emerging market opportunities in
electronics created by developments in advanced materials. The firm has
published numerous reports related to organic, thin film and printable
electronics materials and applications and maintains a blog at
http://www.nanotopblog.com that comments on industry trends and events.
NanoMarkets research database is the industry’s most extensive source of
information on thin film, organic and printable (TOP) electronics. Visit
http://www.nanomarkets.net for a full listing of NanoMarkets’ reports and
other services.
SOURCE NanoMarkets