IDTechEx discusses unleashing the power of perovskite photovoltaics


BOSTON, June 16, 2022 /PRNewswire/ — Perovskite photovoltaics (PV) is a very young field, only emerging in 2009. Since then, research in the field has catapulted, leading to the fastest acceleration the record efficiency of all PV technologies. The new report from IDTechEx, “Perovskite photovoltaics 2023-2033“, explores the diversity of opportunities presented by perovskite PV, including demand gaps, supply chain innovation and emerging applications.

Remarkably fast efficiency gains

Perovskite photovoltaics has demonstrated remarkable efficiency, with new applications made possible by its low cost, thin-film architecture and tunable absorption. The record yields are already comparable to those of silicon PV, a technology based on decades of research. Additionally, PV perovskite does not use toxic or rare materials, and the fabrication is well suited to scalable solution-based deposition methods. This gives perovskite PV an advantage over existing thin-film dominant alternatives such as cadmium telluride (CdTe) and copper-indium-gallium selenide (CIGS), which suffer from expensive synthesis and scarcity of materials.

Despite the demonstration of high-efficiency perovskite solar cells, commercial adoption is limited by concerns about long-term stability. Perovskites are well known to degrade upon exposure to environmental factors such as heat, air, humidity, and UV light. Encapsulation techniques and materials engineering are key to preventing perovskite film degradation – solving these high-value problems is a compelling business opportunity.

Enable Emerging Applications

PV perovskite is very versatile. It can be used in common applications such as solar farms and rooftops. Since the weight of a perovskite module can be at least 90% lighter than a silicon module, it is particularly well suited for new applications, such as vertical building integration and low-tolerance structures. weight. These are applications that silicon-based PV is not compatible with and therefore provide a niche opportunity for perovskite PV. Flexible solar modules are another exciting recent development in photovoltaics. Thin-film perovskite PV is naturally well suited for flexible designs. Compliance allows for greater practicality and aesthetic control when integrating into building facades as well as electronic devices.

With the emergence of the Internet of Things (IoT), PV perovskite could also be a very suitable choice for self-powered smart electronics. Batteries are typically used to power small devices. When hundreds or thousands of individual electronic devices are in use, battery replacement may not be viable both in terms of labor costs and the number of disposable batteries. Using low-cost PV-powered devices with a 10-year lifespan could be much more economical. There is already a very early stage of commercialization of self-powered electronics using organic PV. This market is still very small and there is plenty of room for new entrants. PV perovskite promises higher yields and simpler synthesis than organics, and potentially longer lifetimes.


The future looks bright for perovskite PV, as the technology has advanced much faster than any other photovoltaic technology. Unlike CdTe and CIGS active layers, perovskites do not require rare or expensive raw materials. Synthesis is simple and deposition can be performed without the need for vacuum or high temperatures. The ability to create flexible devices also opens up new applications that consumer silicon PV cannot target due to their bulk, weight, and rigidity. Despite the promising benefits, concerns over the lifetime of perovskite solar cells remain at the forefront of the discussion.

This report, “Perovskite photovoltaics 2023-2033“, gives a 10-year market forecast, analysis of key players, comparative analysis of technologies and identification of major application areas. It examines the current status and latest trends in photovoltaic technology, from supply chain and manufacturing know-how. It also identifies key challenges, competition and innovation opportunities facing PV perovskite. Technical analysis and emerging trends are based on cutting-edge research and insights. primary insights with key and emerging players.This report mainly focuses on the photovoltaic applications of perovskites and also provides an overview of the (non-photovoltaic) alternatives.

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