Written by AZoM
According to a new research report from NanoMarkets,
the leading provider of industry analysis and market and technology research
services for companies competing for or interested in thin film, organic and
printable electronics related markets, while other areas of printed electronics
(PE) have languished, printed photovoltaics (PV) has continued to establish
itself as both a real business and one of the few hopes for printed electronics.
NanoMarkets' latest forecast of printed PV sees the market growing to $1.9 billion
by 2014 with two-thirds of that coming from printing the core cell structure
For additional details on NanoMarkets’ report, Printed Photovoltaics:
Market Opportunities for the Materials and PV Industry-2009 to 2016, please
visit www.nanomarkets.net. Members of the press can request an executive summary
from the report.
- There are many reasons why PV cell manufacturers should consider utilizing
printing as part of their manufacturing mix. Printing can provide both capital
and operational cost improvements over more traditional PV manufacturing methods.
Printing equipment is also relatively inexpensive and also more efficient
on materials usage when compared to more traditional fabrication machinery.
It is also an approach that can combine both patterning and deposition and
provides another cost efficiency compared with more conventional manufacturing
- NanoMarkets believes that substantial opportunities will emerge for manufacturers
of novel inks. For example, solar cells using CIGS ink should be worth almost
$340 million by 2014. NanoMarkets also predicts that printed organic PV cells
will surpass $300 million in the same time frame.
- With so much attention currently being given to printing PV, the printed
PV market has created an opportunity for manufacturers of printing equipment
at a time when most other sectors into which it sells are shrinking because
of the poor economic climate.
About the Report:
NanoMarkets' new report provides a detailed analysis of the market opportunities
emerging from printed PV for the both the solar cell and printing sectors, as
well as the materials companies that supply these sectors. It analyzes the latest
developments in use of printing for all of the major PV platforms including
crystalline, nanocrystalline and amorphous silicon, cadmium telluride, CIGS/CIS,
dye sensitive cells, organic PV, and gallium arsenide. The latest PV-related
developments in all the main printing technologies are covered including screen
printing, inkjet, transfer printing, flexo and gravure. The report also provides
detailed eight-year forecasts of the printed PV market revenues as well as an
analysis of the printing strategies of industry-leading firms such as Dyesol,
G24i, Innovalight, Konarka and Nanosolar.