Industry and News Organic Photovoltaics (OPV) Market | Page 2

layered and multilayered structured cells. Both types of cell are mostly used in research and small
area applications.
The factors that play an important role in the growth of organic photovoltaics (OPV) market include
good performance under indoor lighting conditions, excellent form factor, low capital expenditure,
and potentially very low energy production costs using printable plastics. Based on efficiency, the
organic photovoltaics (OPV) market is segmented into polymer, small molecule, perovskite, and so
on. The segment “perovskite” organic photovoltaics have high efficiency than the other two organic
photovoltaics. Based on type, the organic photovoltaics (OPV) market is segmented into DSSC and P-
N heterojunction.
Based on product, the organic photovoltaics (OPV) market is segmented into organic polymer
material type, small organic molecules material type and so on. Based on application, the organic
photovoltaics (OPV) market is segmented into building, power generation (building-integrated
(BIPV) and building-applied (BAPV)), wearable device, mobile phone charger, solar chargers, and so
on.
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Based on end user, the organic photovoltaics (OPV) market is segmented into utility, residential,
non-residential, power plant application, military application, space & defence, industrial projects
and so on. Based on geography, the organic photovoltaics (OPV) market is segmented into Latin
America, Europe, North America, Asia Pacific and Middle East & Africa.
Europe holds the largest share in the organic photovoltaics (OPV) industry and is expected to
continue with the same in the upcoming years due to government policies and presence of leading
players; followed by North America. Key players operating in the organic photovoltaics (OPV)
industry are Heliatek GmbH, Sumitomo Chemical Co. Ltd., Armor Group, AGC, Henkel, CSEM Brasil,
Toshiba, BASF, Heraeus, EMD Performance Materials, New Energy Technologies Inc., Solarmer
Energy, Disa Solar Inc., Belectric OPV GmbH and Mitsubishi Chemical Corporation.