Copper Indium Gallium Selenide Solar(CIGS) Cell Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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A Copper Indium Gallium Selenide Solar(CIGS) Cell (or CIGS cell, sometimes CI(G)S or CIS cell) is a thin-film solar cell used to convert sunlight into electric power. It is manufactured by depositing a thin layer of copper, indium, gallium and selenium on glass or plastic backing, along with electrodes on the front and back to collect current. Because the material has a high absorption coefficient and strongly absorbs sunlight, a much thinner film is required than of other semiconductor materials.
This report aims to provide a comprehensive presentation of the global market for Copper Indium Gallium Selenide Solar(CIGS) Cell study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Copper Indium Gallium Selenide Solar(CIGS) Cell companies in 2021 (%)
The global Copper Indium Gallium Selenide Solar(CIGS) 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 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
1-2 Micrometres Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Copper Indium Gallium Selenide Solar(CIGS) Cell include Oxford PV, Ascent Solar Technologies, Inc., Tata Power Solar Systems Limited, Manz AG, Jinko Solar Co., Ltd., Hanergy, Bosch Solar Energy AG, Sulfurcell Solartechnik GmbH and Frontier Solar Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Copper Indium Gallium Selenide Solar(CIGS) 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.
Segmental Outline:
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Segment Percentages, by Type, 2021 (%)
1-2 Micrometres
2-3 Micrometres
3-4 Micrometres
Others
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Segment Percentages, by Application, 2021 (%)
Automobiles
Electronics and Electrical
Energy and Power
Others
Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Copper Indium Gallium Selenide Solar(CIGS) 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 Copper Indium Gallium Selenide Solar(CIGS) Cell revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Copper Indium Gallium Selenide Solar(CIGS) Cell revenues share in global market, 2021 (%)
Key companies Copper Indium Gallium Selenide Solar(CIGS) Cell sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Copper Indium Gallium Selenide Solar(CIGS) Cell sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Oxford PV
Ascent Solar Technologies, Inc.
Tata Power Solar Systems Limited
Manz AG
Jinko Solar Co., Ltd.
Hanergy
Bosch Solar Energy AG
Sulfurcell Solartechnik GmbH
Frontier Solar Inc
SoloPower Systems, Inc.
AVANCIS GmbH.
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Copper Indium Gallium Selenide Solar(CIGS) Cell Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Overall Market Size
2.1 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size: 2021 VS 2028
2.2 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales: 2017-2028
3 Company Landscape
3.1 Top Copper Indium Gallium Selenide Solar(CIGS) Cell Players in Global Market
3.2 Top Global Copper Indium Gallium Selenide Solar(CIGS) Cell Companies Ranked by Revenue
3.3 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue by Companies
3.4 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales by Companies
3.5 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Copper Indium Gallium Selenide Solar(CIGS) Cell Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Copper Indium Gallium Selenide Solar(CIGS) Cell Product Type
3.8 Tier 1, Tier 2 and Tier 3 Copper Indium Gallium Selenide Solar(CIGS) Cell Players in Global Market
3.8.1 List of Global Tier 1 Copper Indium Gallium Selenide Solar(CIGS) Cell Companies
3.8.2 List of Global Tier 2 and Tier 3 Copper Indium Gallium Selenide Solar(CIGS) Cell Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size Markets, 2021 & 2028
4.1.2 1-2 Micrometres
4.1.3 2-3 Micrometres
4.1.4 3-4 Micrometres
4.1.5 Others
4.2 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue & Forecasts
4.2.1 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2022
4.2.2 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2023-2028
4.2.3 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue Market Share, 2017-2028
4.3 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales & Forecasts
4.3.1 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2022
4.3.2 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2023-2028
4.3.3 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales Market Share, 2017-2028
4.4 By Type - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2021 & 2028
5.1.2 Automobiles
5.1.3 Electronics and Electrical
5.1.4 Energy and Power
5.1.5 Others
5.2 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue & Forecasts
5.2.1 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2022
5.2.2 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2023-2028
5.2.3 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue Market Share, 2017-2028
5.3 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales & Forecasts
5.3.1 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2022
5.3.2 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2023-2028
5.3.3 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales Market Share, 2017-2028
5.4 By Application - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2021 & 2028
6.2 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue & Forecasts
6.2.1 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2022
6.2.2 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2023-2028
6.2.3 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue Market Share, 2017-2028
6.3 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales & Forecasts
6.3.1 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2022
6.3.2 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2023-2028
6.3.3 By Region - Global Copper Indium Gallium Selenide Solar(CIGS) Cell Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2028
6.4.2 By Country - North America Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2028
6.4.3 US Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.4.4 Canada Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.4.5 Mexico Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2028
6.5.2 By Country - Europe Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2028
6.5.3 Germany Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.4 France Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.5 U.K. Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.6 Italy Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.7 Russia Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.8 Nordic Countries Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.5.9 Benelux Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2028
6.6.2 By Region - Asia Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2028
6.6.3 China Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.6.4 Japan Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.6.5 South Korea Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.6.6 Southeast Asia Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.6.7 India Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2028
6.7.2 By Country - South America Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2028
6.7.3 Brazil Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.7.4 Argentina Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Copper Indium Gallium Selenide Solar(CIGS) Cell Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Copper Indium Gallium Selenide Solar(CIGS) Cell Sales, 2017-2028
6.8.3 Turkey Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.8.4 Israel Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.8.5 Saudi Arabia Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
6.8.6 UAE Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Oxford PV
7.1.1 Oxford PV Corporate Summary
7.1.2 Oxford PV Business Overview
7.1.3 Oxford PV Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.1.4 Oxford PV Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.1.5 Oxford PV Key News
7.2 Ascent Solar Technologies, Inc.
7.2.1 Ascent Solar Technologies, Inc. Corporate Summary
7.2.2 Ascent Solar Technologies, Inc. Business Overview
7.2.3 Ascent Solar Technologies, Inc. Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.2.4 Ascent Solar Technologies, Inc. Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.2.5 Ascent Solar Technologies, Inc. Key News
7.3 Tata Power Solar Systems Limited
7.3.1 Tata Power Solar Systems Limited Corporate Summary
7.3.2 Tata Power Solar Systems Limited Business Overview
7.3.3 Tata Power Solar Systems Limited Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.3.4 Tata Power Solar Systems Limited Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.3.5 Tata Power Solar Systems Limited Key News
7.4 Manz AG
7.4.1 Manz AG Corporate Summary
7.4.2 Manz AG Business Overview
7.4.3 Manz AG Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.4.4 Manz AG Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.4.5 Manz AG Key News
7.5 Jinko Solar Co., Ltd.
7.5.1 Jinko Solar Co., Ltd. Corporate Summary
7.5.2 Jinko Solar Co., Ltd. Business Overview
7.5.3 Jinko Solar Co., Ltd. Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.5.4 Jinko Solar Co., Ltd. Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.5.5 Jinko Solar Co., Ltd. Key News
7.6 Hanergy
7.6.1 Hanergy Corporate Summary
7.6.2 Hanergy Business Overview
7.6.3 Hanergy Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.6.4 Hanergy Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.6.5 Hanergy Key News
7.7 Bosch Solar Energy AG
7.7.1 Bosch Solar Energy AG Corporate Summary
7.7.2 Bosch Solar Energy AG Business Overview
7.7.3 Bosch Solar Energy AG Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.7.4 Bosch Solar Energy AG Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.7.5 Bosch Solar Energy AG Key News
7.8 Sulfurcell Solartechnik GmbH
7.8.1 Sulfurcell Solartechnik GmbH Corporate Summary
7.8.2 Sulfurcell Solartechnik GmbH Business Overview
7.8.3 Sulfurcell Solartechnik GmbH Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.8.4 Sulfurcell Solartechnik GmbH Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.8.5 Sulfurcell Solartechnik GmbH Key News
7.9 Frontier Solar Inc
7.9.1 Frontier Solar Inc Corporate Summary
7.9.2 Frontier Solar Inc Business Overview
7.9.3 Frontier Solar Inc Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.9.4 Frontier Solar Inc Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.9.5 Frontier Solar Inc Key News
7.10 SoloPower Systems, Inc.
7.10.1 SoloPower Systems, Inc. Corporate Summary
7.10.2 SoloPower Systems, Inc. Business Overview
7.10.3 SoloPower Systems, Inc. Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.10.4 SoloPower Systems, Inc. Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.10.5 SoloPower Systems, Inc. Key News
7.11 AVANCIS GmbH.
7.11.1 AVANCIS GmbH. Corporate Summary
7.11.2 AVANCIS GmbH. Copper Indium Gallium Selenide Solar(CIGS) Cell Business Overview
7.11.3 AVANCIS GmbH. Copper Indium Gallium Selenide Solar(CIGS) Cell Major Product Offerings
7.11.4 AVANCIS GmbH. Copper Indium Gallium Selenide Solar(CIGS) Cell Sales and Revenue in Global (2017-2022)
7.11.5 AVANCIS GmbH. Key News
8 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Production Capacity, Analysis
8.1 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Production Capacity, 2017-2028
8.2 Copper Indium Gallium Selenide Solar(CIGS) Cell Production Capacity of Key Manufacturers in Global Market
8.3 Global Copper Indium Gallium Selenide Solar(CIGS) Cell Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Copper Indium Gallium Selenide Solar(CIGS) Cell Supply Chain Analysis
10.1 Copper Indium Gallium Selenide Solar(CIGS) Cell Industry Value Chain
10.2 Copper Indium Gallium Selenide Solar(CIGS) Cell Upstream Market
10.3 Copper Indium Gallium Selenide Solar(CIGS) Cell Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Copper Indium Gallium Selenide Solar(CIGS) Cell Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Copper Indium Gallium Selenide Solar(CIGS) Cell Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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