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Download Free sampleThe global Organic Photovoltaics (OPV) market was valued at 92.36 Million USD in 2021 and will grow with a CAGR of 29.56% from 2021 to 2027, based on Research newly published report.
The prime objective of Organic Photovoltaics Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Organic Photovoltaics Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Organic photovoltaics (OPV) is a rapidly emerging PV technology that convert sunlight into electricity by employing thin films of organic semiconductors. It has a photosensitive nature of the organic matter as a semiconductor material, the photovoltaic effect of the voltage generated by the current to achieve the effect of solar power.The current production enterprises are mainly concentrated in the R & D stage and a small number of demonstration projects. The photoelectric conversion research scholars is faced with the challenge of organic solar cell efficiency cannot always satisfactory, conversion rate, experimental conditions to maintain the current conversion efficiency between 12%-18%, but small batch production only between 5%-7%, the conversion efficiency is too low. Moreover, the use of organic materials is easily affected by the temperature and air, which leads to the aging of the device, which affects the performance.
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