© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Thin Film Solar Cells Market size to grow at over 16% CAGR to reach $30 billion by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Cadmium telluride component is expected to exceed USD 20 billion by 2024 subject to its low manufacturing cost and high conversion efficiency. It has wide application in terrestrial power generation.  Chile contributed over 50% of total regional revenue share in 2015 and is expected to reach over 300 MW by Abundant availability of resources with huge untapped potential will propel the thin film solar cells market size in coming years.  UK thin film solar cells market share was over 25% of total revenue regional share in 2015 and in term of volume, is estimated to exceed 4GW by Government focus toward adoption of sustainable energy would favor the business. Key Insights from Thin Film Solar Cells Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Commercial thin film solar cells market share was valued over USD 1 billion in 2015 and in term of volume is anticipated to witness growth over 15% by 2024, growing demand for uninterrupted power supply will favor the industry growth.  China thin film solar cells market size contributed over 40% of total regional capacity in 2015 and in term of revenue is expected to witness a substantial growth over 15% from 2016 to 2024 owing to large implementation of PV projects. PV poverty allegation program of China has a target to install total 10GW of PV by  South Africa demand was over 20MW in 2015, growing demand for thin film panel primarily from small scale applications will drive the Middle East and Africa thin film solar cells market.  Major participants in the industry are Ascent Technologies Inc., Hankey Asia Ltd., MiaSole Hi-Tech Corp., First Solar, Global Solar, Inc., SOLAR FRONTIER K.K., Trony, Oxford Photovoltaics, Xunlight Kunshan Co. Ltd and others. Continued...

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Product Trends Thin film solar cells market share from copper indium gallium diselenide is expected to exceed USD 8 billion by 2024 owing to its high absorption coefficient features. This features enables cells to absorb more sunlight as compared to other alternatives.  Regional Trends Chile contributed over 50% of total regional revenue share in 2015 and is expected to reach over 300 MW by Abundant availability of resources with huge untapped potential will propel the thin film solar cells market size in coming years. UK thin film solar cells market share was over 25% of total revenue regional share in 2015 and in term of volume, is estimated to exceed 4GW by Government focus toward adoption of sustainable energy would favor the business.  Competitive Market Share Major participants in the industry are Ascent Technologies Inc., Hankey Asia Ltd., MiaSole Hi- Tech Corp., First Solar, Global Solar, Inc., SOLAR FRONTIER K.K., Trony, Oxford Photovoltaics, Xunlight Kunshan Co. Ltd and others. 360° Analysis

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