NanoMarkets provides market research and industry analysis of opportunities within advanced materials and emerging energy and electronics markets
- Renewable Energy
SEE INSIDE THIS REPORT
- LOGIN / REGISTER TO VIEW
Check the Related Report link on the right for new reports issued since this report was publishedIn recent years, CIGS has become a collection of contradictions. While it has achieved the highest conversion efficiency among the thin-films, its progress toward high volumes has been sluggish. And while the volume growth of leading companies has been well behind the level of expectations that CdTe has set, dozens of small companies continue to enter the CIGS market, especially in China and Taiwan. Finally, while flexible CIGS PV—especially in the form of BIPV—is widely considered the path for success, there are still concerns about the durability of such flexible products given CIGS’ sensitivity to moisture.
What will it take for the large manufacturers of CIGS PV to finally approach the Gigawatt range in volume? And what do the small players stand to gain by entering this crowded field? What is the value proposition of CIGS that makes it so attractive? Will CIGS ever make real money, and will investors be available to build the necessary capacity? These questions are examined and answered in this report.This report also analyzes the money-making opportunities for CIGS PV. These are examined from the perspectives of CIGS PV’s strengths—high performance and flexibility—and its weaknesses, sensitivity to moisture and difficult manufacturing processes. It takes an honest look at the processes and strategies of the various firms making CIGS and at the markets in which CIGS has unique advantages.
This report also includes NanoMarkets’ eight-year forecasts of the market for CIGS PV. These forecasts are broken down by type of application—BIPV, flexible devices, etc.—and by the manufacturing technology used, including deposition technology and flexible vs. rigid manufacturing. This report is essential reading for firms that manufacture or develop CIGS PV and for everyone interested in future of the PV industry.
TABLE OF CONTENTS
Executive SummaryE.1 CIGS: What's Keeping It from Higher Volumes?E.2 Opportunities for CIGS Firms: Three Markets for CIGS PVE.2.1 CIGS in the Conventional Panels MarketE.2.2 BIPV Opportunities for CIGSE.2.3 CIGS Opportunities in Portable ElectronicsE.3 The Business Case for CIGS: What is Missing?E.4 Will There Ever Be High-Volume Printed CIGS?E.5 The CIGS Supply Structure: More Firms, More NationsE.5.1 The Growing Number of CIGS Suppliers: Headed for a Fall?E.5.2 CIGS and China: A Marriage in the MakingE.6 Summary of Eight-Year Forecasts of CIGS PVChapter One: Introduction1.1 Background to this Report1.1.1 CIGS Readies for Its High-Volume Phase1.1.2 Hiccups: Haven't We Been Here Before?1.1.3 Flexible CIGS: Does This Set CIGS Apart?1.1.4 CIGS and BIPV: A Match Made for Rooftops?1.1.5 CIGS' Achilles Heel: Lifetimes and Encapsulation1.2 Objectives and Scope of this Report1.3 Methodology of this Report1.4 Plan of this ReportChapter Two: The Supply Side of CIGS PV2.1 Parity with Crystalline Silicon Will Mean Higher Margins2.2 CIGS Materials: The Indium Elephant in the Room2.3 CIGS Manufacturing Processes: Targeting Throughput and Cost2.3.1 Conventional Vacuum Deposition2.3.2 Printing: What's the Holdup?2.3.3 Electrodeposition: A Middle-of-the-Road Alternative2.3.4 Roll-to-Roll: Is It Really an Advantage?2.4 Other Components of CIGS PV2.4.1 Electrodes: Changing Materials2.4.2 CIGS' Special Encapsulation Needs2.5 Is There Still Venture Capital for CIGS?2.6 Key Points Made in this ChapterChapter Three: CIGS Market Opportunities3.1 How Can CIGS Sell Itself?3.2 Capitalizing on CIGS' High Performance3.2.1 Conventional Module Market Opportunities3.2.2 Rigid BIPV Market Opportunities3.3 Flexible CIGS: The Key to a High-Growth Market?3.3.1 Flexible BIPV Opportunities3.3.2 Other Flexible Applications Opportunities3.3.3 Is Durability Still an Issue?3.4 The Crowded CIGS Market3.4.1 Too Many Players?3.4.2 Shifting to China and Taiwan?3.4.3 Leaders and Strategies3.5 Key Points Made in this ChapterChapter Four: Eight-Year Forecasts for CIGS PV and Its Materials4.1 Forecasting Methodology4.1.1 Data Sources4.1.2 Changes from Previous Reports4.1.3 Scope of Forecast4.1.4 Alternative Scenarios4.2 Forecasts of CIGS PV by Product Type4.2.1 Conventional Panels4.2.2 BIPV4.2.3 Other Products4.3 Forecasts of CIGS PV by Manufacturing Technology4.3.1 Forecasts by Rigid vs. Flexible Manufacturing4.3.2 Forecasts by CIGS Deposition Method4.4 Summary of ForecastsAcronyms and Abbreviations Used In this ReportAbout the AuthorList of ExhibitsExhibit E-1: Summary of Forecasts for CIGS PVExhibit 2-1: Printed CIGS FirmsExhibit 2-2: Electrodeposited CIGS FirmsExhibit 2-3: Recent Funding for CIGS PlayersExhibit 3-1: CIGS PV Competitors in 2011Exhibit 3-2: CIGS PV Manufacturers by Geography: 2011 vs. 2009Exhibit 4-1: Conventional CIGS PV Panels ($ Millions)Exhibit 4-2: CIGS BIPV Products by BIPV Type ($ Millions)Exhibit 4-3: Forecasts of CIGS "Other" ProductsExhibit 4-4: CIGS PV by Type of Manufacturing ($ Millions)Exhibit 4-5: CIGS PV by CIGS Deposition Process ($ Millions)Exhibit 4-6: Summary of CIGS PV Forecasts ($ Millions)