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.
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Organic photovoltaics (OPV) have a photosensitive nature of the organic matter as a semiconductor 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.
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.
Top Manufacturer Analysis Covered in Organic Photovoltaics (OPV) Market Report
- ARMOR Group
- Mitsubishi Chemical
- CSEM Brasil and many others
Split by product type,
- Organic Polymer Material Type
- Small Organic Molecules Material Type
Split by application,
- Power Generation (Building-Integrated (BIPV) and Building-Applied (BAPV))
- Wearable Device
- Mobile Phone Charger
- Solar Chargers
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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.