Global Perovskite Solar Cell Market Size & Outlook
The global perovskite solar cell market size was estimated at USD 264.6 million in 2024 and is projected to reach USD 7,021.2 million by 2030, growing at a CAGR of 72.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$264.6
Forecast, 2030 (US$M)
$7,021.2
CAGR, 2025 - 2030
72.2%
Report Coverage
Worldwide
Global perovskite solar cell market, 2018-2030 (US$M)
Related Markets
Global perovskite solar cell market highlights
- The global perovskite solar cell market generated a revenue of USD 264.6 million in 2024 and is expected to reach USD 7,021.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 72.2% by 2030.
- In terms of segment, utility accounted for a revenue of USD 162.9 million in 2024.
- Residential is the most lucrative vertical segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 264.6 million |
| Market revenue in 2030 | USD 7,021.2 million |
| Growth rate | 72.2% (CAGR from 2025 to 2030) |
| Largest segment | Utility |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace & Defense, Industrial, Commercial, Residential, Utility |
Other key industry trends
- In terms of revenue, the North America accounted for 16.3% of the global perovskite solar cell market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 976.2 million by 2030.
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Perovskite Solar Cell Market Scope
Perovskite solar cell market segmentation & scope
Perovskite Solar Cell Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Energy Materials Corporation | View profile | 11-50 | Rochester, New York, United States, North America | http://www.enmatcorp.com/ |
| Frontier Energy | View profile | 101-250 | Oakland, California, United States, North America | https://frontierenergy.com/ |
| G24 Power | View profile | 101-250 | Newport, Newport, United Kingdom, Europe | http://gcell.com/ |
| Greatcell Solar | View profile | 51-100 | Queanbeyan, New South Wales, Australia, Oceania | http://www.greatcellsolar.com/ |
| Microquanta | View profile | 101-250 | Hangzhou, Zhejiang, China, Asia | http://www.microquanta.com/ |
| Alfa Aesar | View profile | 501-1000 | Haverhill, Massachusetts, United States, North America | http://www.alfa.com/ |
| Oxford PV | View profile | 51-100 | Oxford, Oxfordshire, United Kingdom, Europe | http://www.oxfordpv.com/ |
| Energy Metals Ltd | View profile | - | 5 Ord Street, Level 2, West Perth, WA, Australia, 6005 | https://www.energymetals.net |
| Takeda Pharmaceutical Co Ltd | View profile | 49095 | 1-1, Nihonbashi-Honcho 2-Chome, Chuo-ku, Tokyo, Japan, 103-8668 | https://www.takeda.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Global perovskite solar cell market size, by regions, 2018-2030 (US$M)
Top 10 countries: Perovskite solar cell market size, 2024 (US$M)
Global perovskite solar cell market share, by product, 2024 & 2030 (%, US$M)
Perovskite solar cell market: Opportunity assessment by country
Global perovskite solar cell market, by region, 2024 (US$M)
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