Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Perovskite Solar Cell Industry worth $2,268 million by 2028

(IT-NEWSWIRE.COM, January 04, 2023 ) The perovskite solar cell market is projected to grow from USD 271 million in 2024 to USD 2,268 million by 2028, exhibiting a CAGR of 70.1% during the forecast period. The major benefits associated with perovskite solar cells are that the cells are much cheaper to fabricate than traditional solar cells and thinner than traditional solar cells. An upsurge in demand for renewable energy is one of the major opportunities for the market during the forecast period.



Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=253842189



The planar perovskite solar cell segment is expected to hold the largest market share during the forecast period. When the planar structure was demonstrated successfully for the first time in the early 1970s, it only had an efficiency of 4% due to the inferior film quality and inadequate absorption of the perovskite film. The efficiency of planar perovskite solar cells has increased with new developments—the highest efficiency is around 19%. The growing efficiency of planar perovskite solar cells plays a major role in the segment's growth.



Asia Pacific is projected to dominate the global perovskite solar cell market between 2024 and 2028. The growing adoption of PV modules in countries such as China, Japan, and India is fueling the market's growth. Various initiatives and favorable policies launched by governments of several Asia Pacific countries to promote the use of solar energy are expected to propel the demand for solar cells and, consequently, for perovskite solar cells in the region during the forecast period.



Partnerships and collaborations were the key strategies adopted by the leading players operating in the market from January 2019 to September 2022. Leading players have adopted these strategies to research and develop perovskite solar cells to strengthen their market position.



News Also Covered: https://www.prnewswire.com/news-releases/perovskite-solar-cell-market-worth-2-268-million-by-2028---exclusive-report-by-marketsandmarkets-301705904.html



Related Reports:



Solar Simulator Market by Dimension (Class AAA, Class ABA, and Class ABB), Light Source (Xenon arc lamp, Metal halide arc lamp, UV lamp), Application (PV cell/module and materials testing, UV testing of materials & products)



Solar Lighting System Market by Offering (Hardware and Software & Services), Light Source (LED and Others), Grid Type (On Grid and Off Grid), Application (Highways & Roadways, Industrial, and Commercial), and Geography





About MarketsandMarkets™



MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.



The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC