What is the global market size of Copper Indium Gallium Selenide (CIGS) Solar Cell Markett?

Copper Indium Gallium Selenide (CIGS) Solar Cell Market size was valued at USD 1.52 billion in 2021 and is poised to grow from USD 1.78 billion in 2022 to USD 5.41 billion by 2030, at a CAGR of 17.2% during the forecast period (2023-2030).

Who are the key vendors in the Global Copper Indium Gallium Selenide (CIGS) Solar Cell Markett?

In addition to these major players, there are also several emerging players and startups that are working to develop innovative CIGS solar cell technologies and enter the market. The intense competition in the market is driving players to invest in research and development to stay ahead of the competition and maintain their market position. 'Hanergy (China)', 'Avancis (Germany)', 'MiaSolé (United States)', 'Solibro (Sweden)', 'Global Solar Energy (United States)', 'Ascent Solar (United States)', 'Flisom (Switzerland)', 'Manz AG (Germany)', 'Solarion (Germany)', 'Solar Frontier (Japan)', 'NexPower Technology (Taiwan)', 'Würth Solar (Germany)', 'HelioVolt (United States)', 'IFEVS (Italy)', 'CNBM (China)', 'Calyxo (Germany)', 'QS Solar (China)', 'Sunflare (United States)', 'EPV Solar (United States)', 'GSE Integration (United States)', 'Sunpreme (United States)', 'Enecom (Italy)'.

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Size, Share, Growth Analysis, By Application(Residential, Commercial & Industrial, Utilities), By End User(Utility, Aerospace & Defence, Automotive, Others), By Region - Industry Forecast 2025-2032

Report ID: SQMIG55F2037 | Region: Global | Published Date: April, 2024
Pages: 182 | Tables: 64 | Figures: 77

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Regional Insights

The Asia-Pacific region is expected to hold the largest share of the CIGS solar cells market due to the presence of a large number of manufacturers and the increasing adoption of renewable energy in countries like China, Japan, and India. China is expected to dominate the market in this region due to its large population and the increasing demand for energy.

The European region is expected to hold a significant share in the CIGS solar cells market due to the increasing demand for sustainable energy solutions and the presence of government campaigns to encourage the usage of renewable energy. The key countries in this region include Germany, France, and the United Kingdom.

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Copper Indium Gallium Selenide (CIGS) Solar Cell Market size was valued at USD 1.78 Billion in 2022 and is poised to grow from USD 2.09 Billion in 2023 to USD 7.43 Billion by 2031, at a CAGR of 17.2% during the forecast period (2024-2031).

In addition to these major players, there are also several emerging players and startups that are working to develop innovative CIGS solar cell technologies and enter the market. The intense competition in the market is driving players to invest in research and development to stay ahead of the competition and maintain their market position. 'Hanergy (China)', 'Avancis (Germany)', 'MiaSolé (United States)', 'Solibro (Sweden)', 'Solar Energy (United States)', 'Ascent Solar (United States)', 'Flisom (Switzerland)', 'Manz AG (Germany)', 'Solarion (Germany)', 'Solar Frontier (Japan)', 'NexPower Technology (Taiwan)', 'Würth Solar (Germany)', 'HelioVolt (United States)', 'IFEVS (Italy)', 'CNBM (China)', 'Calyxo (Germany)', 'QS Solar (China)', 'Sunflare (United States)', 'EPV Solar (United States)', 'GSE Integration (United States)', 'Sunpreme (United States)', 'Enecom (Italy)'

Governments around the world are promoting the use of renewable energy sources by offering incentives and subsidies to users of solar power. For instance, the U.S. government offers a 26% federal tax credit for homeowners who install solar panels, which has contributed to the growth of the CIGS solar cells market in the country.

The integration of solar cells into building structures is becoming more popular, creating opportunities for the growth of the CIGS solar cells market. BIPV technology allows for the efficient use of space and can help reduce energy consumption in buildings.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Size, Share, Growth Analysis, By Application(Residential, Commercial & Industrial, Utilities), By End User(Utility, Aerospace & Defence, Automotive, Others), By Region - Industry Forecast 2025-2032

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Regional Insights

Copper Indium Gallium Selenide (CIGS) Solar Cell Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Copper Indium Gallium Selenide (CIGS) Solar Cell Market?

Who are the key vendors in the Copper Indium Gallium Selenide (CIGS) Solar Cell Market?

What is the key driver of Copper Indium Gallium Selenide (CIGS) Solar Cell Market?

What is the key market trend for Copper Indium Gallium Selenide (CIGS) Solar Cell Market?

Which region accounted for the largest share in Copper Indium Gallium Selenide (CIGS) Solar Cell Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300