CIGS Thin Film Solar Cell Market Along with Major Manufacturers, Business Insights, Trends and Forecast 2026

CIGS Thin Film Solar Cell

CIGS stands for copper indium gallium selenide, it is a thin film solar cell that is used to convert sun rays into electrical energy. CIGS thin film solar cells are manufactured by the process of depositing a thin layer of indium, copper, selenide and gallium on plastic backing or glass, having electrodes on the back and front to collect current. CIGS has a high absorption coefficient and absorbs sunlight strongly, so a thin film of this material is required to obtain the same electric energy as that of semiconductor materials. The thin-film photovoltaic technologies consists of three mainstreams namely amorphous silicon, cadmium telluride and CIGS.

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The Major players reported in the market include:

Solar Frontier

SoloPower

Stion

Avancis (CNBM)

Manz

Dow Solar (NuvoSun)

Siva Power

Hanergy

Solibro

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Global CIGS Thin Film Solar Cell Market: Product Segment Analysis

CIGS Solar Cell Module

CIS Solar Cell Module

Global CIGS Thin Film Solar Cell Market: Application Segment Analysis

Residential

Commercial

Ground Station

Like other materials in the thin-film photovoltaic technologies, CIGS is also flexible, that allows them to get deposited on the flexible substrates. Also the best performance of the solar cells comes from the glass deposited cells, as all the technologies use high temperature depositions. The performance of polysilicon-based panels are higher than these glass based technologies of solar cells, though advances in CIGS low temperature deposition is trying to erase these performance difference up to a great extent. CIGS Thin-film solar cells market is expected to expand at a healthy CAGR in the forecast period.

 

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The study objectives are:

 

To analyze and research the global CIGS Thin Film Solar Cell status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key CIGS Thin Film Solar Cell manufacturers, capacity, production, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of CIGS Thin Film Solar Cell are as follows:

History Year: 2014-2019

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

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