Europe to Lead Global Organic Solar Cells Market due to Favorable Government Policies Prevalent in the Region

The global organic solar cell market is expected to reach US$97.4 mn by 2020. If the figures hold true, the market will exhibit a whopping 21.20% CAGR between 2014 and 2020.

Albany, New York, November 26, 2015: announces the addition of a new report to its repository, titled "Organic Solar Cell Market by Application (Building Integrated Photovoltaic, Mobile Application, Conventional Solar and Defense Application) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", illustrating the primary factors impacting the global organic solar cell market's growth. The report pegs the value of the market at US$25.5 mn in 2013. Based on the survey conducted in order to compile the report and the forecasts thus generated.

Organic solar cells help in converting solar energy into electricity. Due to their flexibility, organic solar cells can be easily converted into various shapes and colors, unlike conventional photovoltaic cells. This subsequently makes organic solar cells a preferred choice for several applications focusing more on flexibility and design. Furthermore, governments of several nations offer lucrative tax benefits and subsidies to those engaged in renewable power generation, which consequently results in the growth of the organic solar cells market, states the report. Despite exhibiting strong growth prospects, the market's growth is inhibited by the smaller lifespan and low efficiency of the organic solar cells.

Browse Full Global Organic Solar Cell Market Report with TOC :

Based on application, the report segments the global organic solar cell market into mobile applications, comprising building integrated photovoltaic, vehicles and portable devices, conventional solar applications, and defense- or military-based applications. Presently, organic photovoltaic cells find increasing usage in building integrated photovoltaic applications. Portable devices find application in mobiles, laptops, tablets, and solar bags. Defense-based organic photovoltaic cells are used as skins on specific military equipment. These organic cells also find usage in vehicles, where they power small electric systems such as stereos fitted within the vehicles.

In terms of the chemical manufacturing companies that contribute the maximum demand generated for organic solar cells, the global market can be segmented into two types. The first type includes large-scale chemical manufacturing companies such as Sumitomo Chemical Co., Ltd., and BASF SE. These companies capitalize on their expertise in the field of chemical manufacturing to manufacture organic solar cells using organic polymers. The second type includes companies such as Solarmer Energy, Inc. and Heliatek GmbH. These companies mostly rely on research labs or other companies for the supply of the necessary raw materials.

Based on geography, the report segments the global market for organic solar cells into Asia Pacific, Europe, North America, and Rest of the World (RoW). Among these nations, Europe holds the leading position, with France, Germany, and the U.K. as the most lucrative markets in the region. Furthermore, European governments offer impressive tax benefits and subsidies to both consumers and producers of renewable power, which make the region lucrative for companies in the organic solar cells market.

Request a Free Sample Copy of the Report @

About Us

Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.


State Tower

90, State Street
Suite 700
Albany, NY - 12207
United States

Telephone: +1-518-618-1030


Featured Product

The Zilla® Phantom  - Rail-less solar mounting system

The Zilla® Phantom - Rail-less solar mounting system

The Zilla® Phantom is a revolutionary new rail-less solar mounting system. Building on the popular Zilla® Double Stud Flashing, the Phantom can mount anywhere on composite roofs, not just on joists. Additionally, the Zilla® Phantom streamlines distribution and transportation allowing for a safer, easier and more economical solar installation. The Phantom is a fully flashed and grounded system and includes everything necessary to complete a rooftop solar installation. The Zilla® Phantom affords unparalleled layout flexibility and field adjustability that simplify every step of the installation process. Visit to learn more.