Multi-junction (MJ) solar cells are solar cells with multiple p–n junctions made of different semiconductor materials. Each material's p-n junction will produce electric current in response to different wavelengths of light. The use of multiple semiconducting materials allows the absorbance of a broader range of wavelengths, improving the cell's sunlight to electrical energy conversion efficiency.
This report contains market size and forecasts of Multi-Junction Solar Cell in global, including the following market information:
Global Multi-Junction Solar Cell Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Multi-Junction Solar Cell Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Multi-Junction Solar Cell companies in 2021 (%)
The global Multi-Junction Solar Cell market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Space PV Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Multi-Junction Solar Cell include Canadian Solar, Wuxi Suntech Power, juwi AG, Trina Solar, JinkoSolar Holding, SHARP CORPORATION, AZUR SPACE Solar Power, Umicore and SolAero Technologies. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Multi-Junction Solar Cell manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Multi-Junction Solar Cell Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Multi-Junction Solar Cell Market Segment Percentages, by Type, 2021 (%)
Space PV
Terrestrial PV
Global Multi-Junction Solar Cell Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Multi-Junction Solar Cell Market Segment Percentages, by Application, 2021 (%)
Bandgap Engineering for Microclimates
Electricity Generation
Mars Rover Missions
Global Multi-Junction Solar Cell Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Multi-Junction Solar Cell Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Multi-Junction Solar Cell revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Multi-Junction Solar Cell revenues share in global market, 2021 (%)
Key companies Multi-Junction Solar Cell sales in global market, 2017-2022 (Estimated), (MW)
Key companies Multi-Junction Solar Cell sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Canadian Solar
Wuxi Suntech Power
juwi AG
Trina Solar
JinkoSolar Holding
SHARP CORPORATION
AZUR SPACE Solar Power
Umicore
SolAero Technologies