Companies Dominating the Organic Solar Cells Market
- Merck KGaA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Heliatek GmbH
- BELECTRIC GmbH
- ARMOR
- Heraeus Group
- SUNEW
- Solarmer Energy, Inc.
- DisaSolar
- InfinityPV
- Eight19
- ENI
Leading organic solar cells firms are actively engaged in research and development to innovate and introduce new products to preserve a competitive advantage. The majority of the top firms are well-known for their organic photovoltaic technology competence as well as large research and development investments. Long-term growth plans for the organic solar cells market include investment, production, expansion, distribution agreements, collaborations, new establishments, mergers, and acquisitions.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of organic solar cells was over USD 227.74 million.
The market size for organic solar cells is projected to cross USD 3.39 billion by the end of 2037, expanding at a CAGR of 23.1% during the forecast period, i.e., between 2025 and 2037.
The major players in the market are Heraeus Group, ARMOR, SUNEW, Solarmer Energy, Inc., and others.
The dye-sensitized nano crystalline solar cells segment emerged as the largest consumer of organic solar cells, registering over 55.7% of market revenue, primarily due to its advancements in materials science, device design, and manufacturing processes. OPV cells are now more competitive with traditional solar cells due to their increased efficiency and longer lifespans.
The North America organic solar cells sector is poised to hold a 36.7% share by the end of 2037.
