The global flexible solar panel market is expected to grow from USD 7.21 billion in 2019 to USD 17.69 billion by 2027, at a CAGR of 11.74% during the forecast period from 2020-2027.
Flexible solar panels are portable solar panels, which are made are made up of ultra-thin silicon wafers. These solar panels are about 200 micrometers thick, which is slightly thicker than a human hair. Flexibility and portability are the main advantages and unique properties of these solar panels. They can be bent, rolled, or can be moved from one place to another, which is beneficial for transporting wherever desired. These solar panels are lighter than the traditional solar panels and versatile in nature, which makes them one of the best available solutions for solar systems in the market.
The global flexible solar panel market is witnessing rapid growth, owing to the increasing focus on the production of renewable energy across the globe. With the growing emphasis on renewable energy, solar panels have undergone many changes, ranging from usage of different materials, sizes, and power outputs. As flexible solar panels require low materials during manufacturing, which can also be fully recyclable, many manufacturers are focusing on the development of flexible solar panels. In addition to this, these solar panels are flexible and portable, which can be used on the go for recreational vehicles and boats during the camping, further driving the growth of the market. However, due to very thin in nature, these solar panels are less durable, which could hamper the market growth over the forecast period.
This study delivers a comprehensive analysis of type, application, and region. The type segment includes copper indium gallium selenide solar panel and amorphous silicon solar panel. Copper indium gallium selenide solar panel accounted for a major market share of 56.78% in the year 2019. It is manufactured by depositing the thin layer of gallium, indium, selenide, and copper on the glass along with the electrodes to generate the energy from sunlight. It is one of the highest efficiency alternatives for the large commercial-scale solar panels. The application segment is classified into commercial, residential, and mobile. The commercial segment dominated the market and valued at USD 3.10 billion in 2019. The flexible solar panel is widely being used for all sorts of commercial applications, such as restaurants, the rooftop of commercial buildings, telecommunication, and solar systems for municipal, school, and government facilities. Thus, the increasing use of flexible solar panels for a variety of commercial applications, boosting the growth of the commercial segment.
The flexible solar panel market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Europe region dominated the global flexible solar panel market with the highest market share of 32.26% in the year 2019. Increasing government support to develop the business model for the production of renewable energy is one of the essential driving the factor for the growth of the market. In addition to this, the increasing focus towards the use of renewable energy across the region, also driving market growth in this region.
Some of the prominent companies in the flexible solar panel market are Uni-Solar, Miasole, Global Solar, SoloPower Systems, Flisom, Sun Harmonics, F-Wave, and PowerFilm, among others. Major players are continuously focused on strategic partnerships, new developments, acquisitions, and venture capital investments to obtain high growth to gain a significant share in the market. In September 2019, Miasole announced that the company had established the new world records, as its CIGS cell offers a power conversion efficiency of 23% on a flexible solar cell.
This study forecasts revenue growth at global, regional, and country levels from 2013 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:
Chapter 1 Introduction 19
1.1 Research Methodology 19
1.2 FMR desk research 20
1.2.1 FMR data synthesis 21
1.2.2 Data validation and market feedback 21
1.2.3 FMR data sources 22
Chapter 2 Global Flexible Solar Panel Market Overview 24
2.1 Product Overview and Scope of Flexible Solar Panel 24
2.2 Commercial Types of Flexible Solar Panel 26
2.2.1 Types of Flexible Solar Panel 27
2.2.2 Copper Indium Gallium Selenide (CIGS) 28
2.2.3 Amorphous Silicon (a-Si) 29
2.3 Market Analysis by Applications 30
2.3.1 Commercial 32
2.3.2 Residential 33
2.3.3 Mobile 34
2.4 Development History of Flexible Solar Panel 35
2.5 Market Status and Trend of Flexible Solar Panel 2013-2027 36
2.6 Regional Flexible Solar Panel Market Status and Trend 2013-2027 38
2.6.1 North America Market Status and Trend 2013-2027 38
2.6.2 Europe Market Status and Trend 2013-2027 39
2.6.3 Asia-Pacific Market Status and Trend 2013-2027 41
2.6.4 South America Market Status and Trend 2013-2027 43
2.6.5 Middle East and Africa Market Status and Trend 2013-2027 44
Chapter 3 Global Market Status by Regions 45
3.1 Market Development of Flexible Solar Panel 2013-2018 45
3.2 Production Market of Flexible Solar Panel by Regions 47
3.2.1 Sales (K Units) of Flexible Solar Panel by Regions 47
3.2.2 Regions Sales Value of Flexible Solar Panel by Regions 52
3.3 Regions Market Forecast of Flexible Solar Panel by Regions 2018-2027 57
3.3.1 Sales (K Units) of Flexible Solar Panel by Regions 57
3.3.2 Regions Sales Value of Flexible Solar Panel by Regions 61
Chapter 4 Global Flexible Solar Panel Production by Regions 65
4.1 Sales (K Units) of Flexible Solar Panel by Types 65
4.2 Sales Value of Flexible Solar Panel by Types 69
4.3 Market Forecast of Flexible Solar Panel by Types 74
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry 79
5.1 North America Flexible Solar Panel Market Status by Countries 79
5.1.1 North America Market Status by Countries, Type, Manufacturers and Downstream Industry 2013-2019 79
5.1.2 North America Flexible Solar Panel Revenue by Countries (2013-2017) 83
5.1.3 United States Flexible Solar Panel Market Status (2013-2017) 87
5.1.4 Canada Flexible Solar Panel Market Status (2013-2017) 89
5.1.5 Mexico Flexible Solar Panel Market Status (2013-2017) 91
5.2 North America Flexible Solar Panel Market Status by Manufacturers 93
5.3 Countries North America Flexible Solar Panel Market Status by Type (2013-2018) 95
5.3.1 North America Flexible Solar Panel Sales by Type (2013-2017) 95
5.3.2 North America Flexible Solar Panel Revenue by Type (2013-2017) 97
5.4 Countries North America Flexible Solar Panel Market Status by Downstream Industry (2013-2018) 99
5.4.1 North America Flexible Solar Panel Sales by Downstream Industry (2013-2017) 99
5.4.2 North America Flexible Solar Panel Revenue by Downstream Industry (2013-2017) 101
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry 103
6.1 Europe Flexible Solar Panel Market Status by Countries 103
6.1.1 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry 2013-2019 103
6.1.2 Europe Flexible Solar Panel Revenue by Countries (2013-2017) 107
6.1.3 Germany Flexible Solar Panel Market Status (2013-2017) 111
6.1.4 France Flexible Solar Panel Market Status (2013-2017) 113
6.1.5 UK Flexible Solar Panel Market Status (2013-2017) 115
6.1.6 Russia Flexible Solar Panel Market Status (2013-2017) 117
6.1.7 Italy Flexible Solar Panel Market Status (2013-2017) 119
6.1.8 Spain Flexible Solar Panel Market Status (2013-2017) 121
6.1.9 Benelux Flexible Solar Panel Market Status (2013-2017) 123
6.2 Europe Flexible Solar Panel Market Status by Manufacturers 125
6.3 Countries Europe Flexible Solar Panel Market Status by Type (2013-2018) 127
6.3.1 Europe Flexible Solar Panel Sales by Type (2013-2017) 127
6.3.2 Europe Flexible Solar Panel Revenue by Type (2013-2017) 129
6.4 Countries Europe Flexible Solar Panel Market Status by Downstream Industry (2013-2018) 131
6.4.1 Europe Flexible Solar Panel Sales by Downstream Industry (2013-2017) 131
6.4.2 Europe Flexible Solar Panel Revenue by Downstream Industry (2013-2017) 133
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry 135
7.1 Asia Pacific Flexible Solar Panel Market Status by Countries 135
7.1.1 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry 2013-2019 135
7.1.2 Asia Pacific Flexible Solar Panel Revenue by Countries (2013-2017) 139
7.1.3 China Flexible Solar Panel Market Status (2013-2017) 143
7.1.4 Japan Flexible Solar Panel Market Status (2013-2017) 145
7.1.5 Korea Flexible Solar Panel Market Status (2013-2017) 147
7.1.6 India Flexible Solar Panel Market Status (2013-2017) 149
7.1.7 Southeast Asia Flexible Solar Panel Market Status (2013-2017) 151
7.1.8 Australia Flexible Solar Panel Market Status (2013-2017) 153
7.2 Asia Pacific Flexible Solar Panel Market Status by Manufacturers 155
7.3 Countries Asia Pacific Flexible Solar Panel Market Status by Type (2013-2018) 157
7.3.1 Asia Pacific Flexible Solar Panel Sales by Type (2013-2017) 157
7.3.2 Asia Pacific Flexible Solar Panel Revenue by Type (2013-2017) 159
7.4 Countries Asia Pacific Flexible Solar Panel Market Status by Downstream Industry (2013-2018) 161
7.4.1 Asia Pacific Flexible Solar Panel Sales by Downstream Industry (2013-2017) 161
7.4.2 Asia Pacific Flexible Solar Panel Revenue by Downstream Industry (2013-2017) 163
Chapter 8 South America Market Status by Countries, Type, Manufacturers and Downstream Industry 165
8.1 South America Flexible Solar Panel Market Status by Countries 165
8.1.1 South America Market Status by Countries, Type, Manufacturers and Downstream Industry 2013-2019 165
8.1.2 South America Flexible Solar Panel Revenue by Countries (2013-2017) 169
8.2 South America Flexible Solar Panel Market Status by Manufacturers 173
8.3 Countries South America Flexible Solar Panel Market Status by Type (2013-2018) 175
8.3.1 South America Flexible Solar Panel Sales by Type (2013-2017) 175
8.3.2 South America Flexible Solar Panel Revenue by Type (2013-2017) 177
8.4 Countries South America Flexible Solar Panel Market Status by Downstream Industry (2013-2018) 179
8.4.1 South America Flexible Solar Panel Sales by Downstream Industry (2013-2017) 179
8.4.2 South America Flexible Solar Panel Revenue by Downstream Industry (2013-2017) 181
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry 183
9.1 Middle East and Africa Flexible Solar Panel Market Status by Countries 183
9.1.1 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry 2013-2019 183
9.1.2 Middle East and Africa Flexible Solar Panel Revenue by Countries (2013-2017) 187
9.2 Middle East and Africa Flexible Solar Panel Market Status by Manufacturers 191
9.3 Countries Middle East and Africa Flexible Solar Panel Market Status by Type (2013-2018) 193
9.3.1 Middle East and Africa Flexible Solar Panel Sales by Type (2013-2017) 193
9.3.2 Middle East and Africa Flexible Solar Panel Revenue by Type (2013-2017) 195
9.4 Countries Middle East and Africa Flexible Solar Panel Market Status by Downstream Industry (2013-2018) 197
9.4.1 Middle East and Africa Flexible Solar Panel Sales by Downstream Industry (2013-2017) 197
9.4.2 Middle East and Africa Flexible Solar Panel Revenue by Downstream Industry (2013-2017) 199
Chapter 10 Market Driving Factor Analysis of Flexible Solar Panel 201
10.1.1 Market Opportunities 201
10.1.2 Market Risk 201
10.1.3 Market Driving Force 201
Chapter 11 Flexible Solar Panel Market Competition Status by Major Manufacturers 203
11.1 Sales (K Units) of Flexible Solar Panel by Major Manufacturers 203
11.2 Sales Value of Flexible Solar Panel by Major Manufacturers 207
Chapter 12 Flexible Solar Panel Major Manufacturers 211
12.1 Uni-Solar 211
12.1.1 Company Profile 211
12.1.2 Main Business/Business Overview 212
12.1.3 Global Flexible Solar Panels Product Category, Application and Specification 213
12.1.4 Uni-Solar Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 214
12.2 Miasole 215
12.2.1 Company Profile 215
12.2.2 Main Business/Business Overview 216
12.2.3 Global Flexible Solar Panels Product Category, Application and Specification 217
12.2.4 Miasole Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 219
12.3 Global Solar 220
12.3.1 Company Profile 220
12.3.2 Main Business/Business Overview 221
12.3.3 Global Flexible Solar Panels Product Category, Application and Specification 222
12.3.4 Global Solar Energy Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 224
12.4 SoloPower Systems 225
12.4.1 Company Profile 225
12.4.2 Main Business/Business Overview 226
12.4.3 Global Flexible Solar Panels Product Category, Application and Specification 227
12.4.4 Solo power System Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 228
12.5 Flisom 229
12.5.1 Company Profile 229
12.5.2 Main Business/Business Overview 231
12.5.3 Global Flexible Solar Panels Product Category, Application and Specification 232
12.5.4 Flisom AG Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 233
12.6 Sun Harmonics 234
12.6.1 Company Profile 234
12.6.2 Main Business/Business Overview 235
12.6.3 Global Flexible Solar Panels Product Category, Application and Specification 236
12.7 F-Wave 237
12.7.1 Company Profile 237
12.7.2 Main Business/Business Overview 238
12.7.3 Global Flexible Solar Panels Product Category, Application and Specification 239
12.7.4 F-Wave Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 240
12.8 PowerFilm 241
12.8.1 Company Profile 241
12.8.2 Main Business/Business Overview 243
12.8.3 Global Flexible Solar Panels Product Category, Application and Specification 244
12.8.4 PowerFilm Inc. Flexible Solar Panels Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) 245
Chapter 13 Upstream and Downstream Market Analysis of Flexible Solar Panel 246
13.1 Raw Material and Suppliers 246
13.1.1 Price Trend of Key Raw Materials 248
13.1.2 Key Suppliers of Raw Materials 251
13.2 Proportion of Manufacturing Cost Structure 253
13.2.1 Raw Material 253
13.2.2 Labor Cost Analysis 254
13.2.2.1 USA Labor Cost Analysis 255
13.3 Manufacturing Process Analysis 259
13.4 Industry Chain Structure of Bollards 260
13.4.1 Global Twin Wall Plastic Sheet Industrial Chain Analysis 260
13.5 Upstream Raw Materials Sourcing 261
Chapter 14 Marketing Status Analysis of Flexible Solar Panel 262
14.1 Marketing Channel 262
14.1.1 Direct Marketing 264
14.1.2 Indirect Marketing 265
14.2 Market Positioning 267
14.2.1 Marketing Channel Future Trend 267
14.2.2 Pricing Strategy 268
14.2.3 Brand Strategy 271
14.3 Market Effect Factor 273
14.3.1 Economic/Political Environmental Change 273
14.3.2 Global Economy Analysis 274
Chapter 15 Factors Influencing 275
15.1 Macro-Economic Factors 275
Chapter 16 Research Findings and Conclusion 280
1
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