Recent OPV Technology and Market Forecast (2009-2020)

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Dublin, Oct. 10, 2013 (GLOBE NEWSWIRE) -- Research and Markets ( has announced the addition of the "Recent OPV Technology and Market Forecast (2009-2020)" report to their offering.

As cost reduction issues are coming to the fore in the PV industry, there is growing attention for thin-film solar cells due to the lower price than that of silicon solar cells, boosting aggressive R&D. Although thin-film solar cells are still in infancy, they are expected to come into competition with silicon solar cell in the near future, considering their advantages such as low energy consumption, high economic feasibility with a short payback period, and the manufacturing process allowing large-area products.

Especially, OPVs (organic photovoltaics) have recently made rapid progress for recent years, and they are definitely one of the most promising technologies in the field of next-generation photovoltaics. Although the OPV market is forming a small part in the entire PV market now, it is gradually growing thorough small mobile applications and BIPVs.

Many technological improvements, such as more than 11% effciency achieved from unit cells using new photoactive layer materials, suggest that commercialization is just around the corner. Mitsubishi, which is playing a leading role in the field of OPVs, is spurring R&D, aiming at entering the commercialization stage by 2014-2015. Although OPVs show relative low efficiency in large-area modules employing flexible substrates, there is rapid progress in efficiency of large-area flexible modules with the development of continuous printing process technologies, which increases market expectations for commercialization.

OPVs are expected to enter the full-scale mass-production stage in 2014 with production of 28MW, and continue to grow rapidly, reaching 94MW in 2015 and more than 1GW in 2020.

This report provides comprehensive analysis of the global OPV technology and market trend, focusing on

Key Topics Covered:

1. Introduction of OPVs

Part 1. OPV patent/R&D trend and market forecast

2. OPV patent trend analysis

3. OPV R&D trend

4. OPV market analysis and forecast (2009-2020)

Part 2. OPV technology development trend by element

5. OPV technology development trend 1

6. OPV material development trend

7. OPV device and modularization technologies

8. OPV printing process techniques and development trend

9. Conclusion

10. Index

Companies Mentioned

  • CDT (Cambridge Display Technology, (UK)
  • CPOS (Center for Polymer and Organic Solid, UC Santa Barbara, USA)
  • Fraunhofer ISE (Germany)
  • GIST (Gwangju Institute of Science and Technology)
  • Global Photonic Energy Corporation (GPEC, USA)
  • Heliatek (Germany)
  • KAIST (Korea Advanced Institute of Science and Technology)
  • KIMM (Korea Institute of Machinery and Materials)
  • KNP Energy
  • KRICT (Korea Research Institute of Chemical Technology)
  • Konarka (USA)
  • Konkuk University - Fraunhofer Institute
  • LG Chem
  • LOIS (Linz Institute for Organic Solar Cells, Austria)
  • Mitsubishi Chemicals (Japan)
  • OCM (Optoelectronic Components and Materials Group, USA)
  • Plextronics (USA)
  • Risoe National Lab (Denmark)
  • Solarmer Energy (USA)
  • Sumitomo Chemicals (Japan)
  • Teijin DuPont Fim (Japan)
  • Toray (Japan)

For more information visit

Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources

Source:Research and Markets