The purpose of this update is to examine the latest opportunities and challenges for organic photovoltaics (OPV) over the next eight years. Specifically, this update provides a market analysis of recent developments in OPV, and it updates the NanoMarkets eight-year forecasts for OPV materials and devices.
We examine the latest products, strategies and technical developments of the industry. We assess whether performance improvements are likely to help grow addressable markets for OPV, or whether the OPV market's growth will continue to underperform, thereby threatening to derail OPV completely.
As part of the update, we examine the potential for OPV in the building-integrated and/or building-applied PV (BIPV/BAPV) sector in light of strong competition from other emerging PV technologies, particularly from dye-sensitize cell (DSC) and copper-indium-gallium-(di)selenide (CIGS) PV. We also consider how OPV is likely to do in a world in which solar energy is not the hot topic that it was a few years ago.
Materials covered include the critical components of the cells and modules: donors, acceptors, hole transport layers (HTLs), and electron transport layers (ETLs); transparent and nontransparent electrode materials; encapsulation materials; and substrates.
The OPV device markets are considered in light of the various applications they are targeted toward, which include off-grid portable charging, solar shades, conventional panels and BIPV (including flexible BIPV, BIPV glass, and building-applied PV (BAPV), etc.
Chapter One: Objectives and Scope of this Report
Chapter Two: Is Time Running Out For OPV?
2.1 Significant Performance Improvements in 2011-2012
2.2 Competition with DSC
2.3 Where are the Applications for OPV?
2.3.1 Solar Chargers
2.3.2 Other Off-Grid Applications
2.3.3 BIPV Applications—the Future of OPV?
2.4 Options for OPV Firms Shifting Away from OPV
2.5 Problems in the Wider PV Market that Affect OPV
2.6 Is Investment in OPV Still Worthwhile?
Chapter Three: Eight-Year Forecasts for OPV
3.1 Explanation of Methodology
3.1.1 Data Sources
3.1.2 Scope of the Forecast
3.2 Changes in Forecasting Assumptions
3.2.1 Efficiency Assumptions
3.2.2 Changes in Demand in the Early Years of the Forecast
3.3 Off-Grid OPV Markets
3.4 Grid-Connected OPV Markets
3.5 OPV Materials Forecasts
3.6 Summaries of OPV Markets
Acronyms and Abbreviations Used in This Report
About the Author
List of Exhibits
Exhibit 2-1: Key OPV Efficiency-Related Improvements and Products Over the Last Year
Exhibit 2-2: Conversion Efficiencies (Peak Power) of Typical PV Technologies
Exhibit 2-3: Summary of Solar Charging Applications
Exhibit 2-4: OPV Firms with BIPV Strategies
Exhibit 3-1: Efficiency Improvements Over Time in the OPV Market 2012-2019
Exhibit 3-2: The Off-Grid OPV Market by Application 2012-2019
Exhibit 3-3: Grid-Connected OPV Applications 2012-2019
Exhibit 3-4: The OPV Materials Market 2012-2019
Exhibit 3-5: OPV Materials Market by Category 2012-2019 ($ Millions)
Exhibit 3-6: Summary of the OPV Market 2012-2019
Exhibit 3-7: Summary of OPV Market by Application 2012-2019
Exhibit 3-8: Summary of Grid-Connected vs. Off-Grid OPV 2012-2019