Dye sensitized solar cell market to reach a value of $290 million

Press Release   •   Aug 20, 2012 10:01 BST

The dye sensitized solar cells (DSSCs) market has been forecast a steady growth through to 2023, to reach a market value of $290 million.

A DSSC is a low-cost solar cell belonging to the group of thin film solar cells. It is based on a semiconductor formed between a photo-sensitized anode and an electrolyte, a photo electrochemical system.

A DSSCl has a number of attractive features which are set to drive the market, for example, it is simple to make using conventional roll-printing techniques, is semi-flexible and semi-transparent which offers a variety of uses not applicable to glass-based systems, and most of the materials used are low-cost.

Although initial products are aimed towards indoor and portable applications, starting out with chargers and solar bags with wireless solar keyboards demonstrated more recently, the end game for DSSCs is the ability to have these largely inexpensive solar cells incorporated into much bigger installations.

Many companies are already involved in the development of DSSCs from technology start-ups to large corporations that are looking to add innovative technologies into their portfolio. Some of these key market players include; 3G Solar, Oxford Photovoltaics, SONY Technology Centre, S Samsung SDI, and G24 Innovations.

For more information on the dye sensitized solar cell market, see the latest research: Dye Sensitized Solar Cell Market Report

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