Chicago, IL -- (SBWIRE) -- 06/30/2017 -- According to the report, "Thin Film Photovoltaic Modules Market, By Module (Amorphous Silicon (A-SI) Module, Cadmium-Telluride (CDTE) Module, Copper Indium Diselenide/Copper Indium Gallium Diselenide (CIGS) Module), Application (Building Integrated PV Cell Applications, Grid Connected Power Supply Applications, Military and Space Applications, Consumer Electronics, Others) – Global Revenue, Trends, Growth, Share, Size, and Forecast To 2022", the market for thin film photovoltaic modules is expected to grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period.

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Photovoltaic Modules is an array of interconnected photovoltaic solar cells. These modules convert solar light i.e. photons to electric energy through photovoltaic effect. Most of the Photovoltaic Modules use wafer-based crystalline silicon cells or thin-film cells. Thin Film Photovoltaic Modules can be segmented by the semiconductor material used in such as, Amorphous Silicon, Cadmium-Telluride and Copper Indium. They are less efficient but much cheaper compared to crystalline-Si solar cells. With the development of new technologies, efforts have been made to improve the efficiency of Thin Film Photovoltaic Modules Solar Cell.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The key reasons driving the growth of the Thin Film Photovoltaic Modules Market includes positive government policies and the subsidies offered by them, low cost of production and shorter energy payback time.

2. New technological development is one of the key growth opportunity drivers for this market.

3. However, factors like low conversion rate may hamper the growth of the Thin Film Photovoltaic Modules Market.

MARKET SEGMENTATION

This report analyzes the thin film photovoltaic modules market by the following segments:

Thin Film Photovoltaic Modules Market, by Module
1. Amorphous Silicon (A-SI) Module
2. Cadmium-Telluride (CDTE) Module
3. Copper Indium Diselenide/Copper Indium Gallium Diselenide (CIGS) Module
Thin Film Photovoltaic Modules Market, by Application
1. Building Integrated PV Cell Applications
2. Grid Connected Power Supply Applications
3. Military and Space Applications
4. Consumer Electronics

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