Dye-Sensitized Solar Cells Sector: Growth Drivers and Challenges
Growth Drivers
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Rising Investments towards Renewable Resources
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Surge in Technological Innovations Associated with Solar Cells
Challenges
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Fluctuating Prices of Raw Materials
Dye-Sensitized Solar Cells Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
12.4% |
|
Base Year Market Size (2024) |
USD 129.04 million |
|
Forecast Year Market Size (2037) |
USD 589.78 million |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of dye-sensitized solar cells is evaluated at USD 142.64 million.
Dye-Sensitized Solar Cells Market size was over USD 129.04 million in 2024 and is poised to exceed USD 589.78 million by 2037, growing at over 12.4% CAGR during the forecast period i.e., between 2025-2037.
Europe industry is predicted to account for largest revenue share by 2037, impelled by initiatives by European Commission to reduce dependence on non-renewable energy sources, and high rate of installation of dye-sensitized solar cells in BIPV.
The major players in the market are Dyenamo AB, Solaronix SA, Sharp Corporation, Peccell Technologies, Inc., Dyesol Limited, and others.
