Transparent conductors market in PV industry to grow 30% in 2012

The total market for Transparent Conductors (TC) in Photovoltaic (PV) industry is expected to grow at a CAGR of over 30% from a value of about $90 million in 2012 to about $300 million in 2016, says a new report on materials for the Photovoltaic (PV) industry.

VIRGINIA(Scrap Monster): The total market for Transparent Conductors (TC) in Photovoltaic (PV) industry is expected to grow at a CAGR of over 30% from a value of about $90 million in 2012 to about $300 million in 2016, says a new report on materials for the Photovoltaic (PV) industry.

The report titled 'Transparent Conductors in Thin-Film and Organic PV Applications 2012' is being released by Nanomarkets,an industry firm.

The report focuses on the shifting market share of different types of TCs in the different PV segments. The major PV application markets covered are thin-film Si PV, CdTe PV, CIGS PV, OPV and DSC. The report also discusses the strategies of some of the important suppliers of TCs to the PV market, especially those in the emerging nanomaterial- and conductive polymer-based sector.

However, NanoMarkets believes that the pace of growth in the TFPV markets will offset declines related to decreasing government support and slow overall economic growth.

Implementation of new TCO target systems or new deposition processes, such as by transitioning from conventional planar targets to more efficient rotary targets wherever possible, could greatly improve utilization rates and directly affect the bottom line for panel makers

In the long term, the biggest prospects for TC's lie with solution-processable nanomaterial-based TCs, such as those based on nanosilver, another nanoscale metallic coating, or carbon nanomaterials.