The Perovskite Solar Cell Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Perovskite Solar Cell Market?
The market size of the perovskite solar cell increased dramatically in the past years. It expanded from $0.25 billion in 2024 to $0.34 billion in 2025, experiencing a compound annual growth rate (CAGR) of 37.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Perovskite Solar Cell Industry?
The Perovskite Solar Cell Global Market is expected to grow significantly, reaching a valuation of $1.22 billion in 2029. This growth indicates a compound annual growth rate (CAGR) of 37.3%.
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What are the Key Growth Drivers Fueling the Perovskite Solar Cell Market?
The key drivers in the perovskite solar cell market are:
• Rising demand for lightweight solar panels
• Advancements in production technology of perovskite solar cells
• Increase in investment supporting clean, renewable energy
• Increase in use of perovskite solar cells in building-integrated photovoltaics
Global Market Segmentation: Identifying Major Perovskite Solar Cell Industry Segments
The perovskite solar cell market covered in this report is segmented –
1) By Product: Rigid Perovskite Solar Cells, Flexible Perovskite Solar Cells
2) By Structure: Planar, Mesoporous
3) By Application: Smart Glass, Solar Panel, Building-Integrated Photovoltaics (BIPV), Other Applications
4) By Industry Vertical: Aerospace And Defense, Residential, Commercial, Industrial, Utility, Other Industry Verticals
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What are the Emerging Trends Shaping the Future of the Perovskite Solar Cell Market?
The key trends in the perovskite solar cell market are:
• The development of tandem solar cells is a key emerging trend.
• Low-cost fabrication techniques are increasingly shaping the future of the market.
• Advancements in stability and durability of perovskite solar cells are prominent trends.
• There is a concentrated effort on developing eco-friendly and lead-free perovskites.
Who Are the Top Competitors & Leading Players in the Perovskite Solar Cell Market?
Major players in the perovskite solar cell market are:
• Panasonic Corporation
• Toshiba Corporation
• FUJIFILM Wako Pure Chemical Corporation
• Sekisui
• Fraunhofer ISE
• Hanwha Q CELLS
• Solliance solar research
• Heliatek GmbH
• G24 Power Ltd.
• Energy Materials Corp
• Swift Solar
• Solaronix SA
• Tandem PV, Inc.
• Saule Technologies
• Alfa Aesar
• Dyenamo AB
• GCL Suzhou Nanotechnology Co. Ltd.
• FrontMaterials Co. Ltd.
• Hunt Perovskite Technologies (HPT)
• Microquanta Semiconductor Co. Ltd.
Regional Dominance: Which Area Leads the Global Perovskite Solar Cell Market?
Asia-Pacific was the largest region in the perovskite solar cell market in 2024
