Mono Flexible Solar Panels Market Scope
Mono Flexible Solar Panels are electricity generating device which is made of ultrathin silica cell, generally micrometer wide which uses thin-film solar technology sandwich between plastic. it is used household and commercial use. There are basically three types of panels namely silicon crystalline flexible solar panel, thin-film flexible solar panel, flexible solar panel made of organic materials. Mono flexible solar panels used basic two technology namely copper indium gallium selenide (cigs), amorphous silicon (a-Si) though continuous technological advancement innovate new technologies. Owing to increasing Growing Demand for Mono Flexible Solar Panels for Their Versatile Mounting Options, the mono flexible solar panels market is expected to grow at a significant rate during the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | SunPower (United States), Renogy (United States), Alta Devices (United States), Flisom AG (Switzerland), Powerfilm Solar (United States), Solbian (Italy), Solopower System (United States), Sun Harmonics (United States), Sunflare (United States), Hetech Solar (India), Shenzhen Shine Solar (China) and Hanergy Holding Group Ltd (China) |
CAGR | % |
Mono flexible solar panels market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch which will help them to sustain in the market and maintain their competitive edge
SunPower (United States), Renogy (United States), Alta Devices (United States), Flisom AG (Switzerland), Powerfilm Solar (United States), Solbian (Italy), Solopower System (United States), Sun Harmonics (United States), Sunflare (United States), Hetech Solar (India), Shenzhen Shine Solar (China) and Hanergy Holding Group Ltd (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Mono Flexible Solar Panels market by Type , by Application (Household, Commercial and Other) and Region with country level break-up.
On the basis of geography, the market of Mono Flexible Solar Panels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
In April 2019, Alta devices launched new solar solution specifically designed for unmanned aerial vehicles that serve platform for cellular and IoT connectivity. This solar panel have unique features to maximise power with minimum weight and provide sufficient protection from harsh environment. This launch helped Alta devices to expand its present in mono flexible solar panels market.
Influencing Trend:
Increasing Used of Mono Flexible Solar Panels as Camping Battery Charger
Market Growth Drivers:
Increasing Demand for Mono Flexible Solar Panels for RVs, Boats and Outdoor Activities., Growing Demand for Mono Flexible Solar Panels for Their Versatile Mounting Options and Rising Demand for Mono Flexible Solar Panels for Their Lightweight Designs
Challenges:
Panels Are Less Durables Considering Flexible Nature and Prone to Damage and Breakage and Increasing Risk of Cupping, Pooling, Scratching, Gouging
Restraints:
Less Efficient to Generate Electricity as Compare to Traditional Solar Panels
Opportunities:
Increasing Technical Advancement in Mono Flexible Solar Panels Such As Ultrasonic Fabric Solar Cells
Key Target Audience
Mono Flexible Solar Panels Manufacturers, Raw Material Suppliers, Distributors, Government Bodies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and Others