IDTechEx estimates that annual perovskite PV revenue will reach almost US$12 billion by 2035
Technology research and market intelligence company IDTechEx has explored the perovskite PV market, forecasting that annual perovskite PV revenue will reach almost US$12 billion by 2035.
IDTechEx also sees perovskite/silicon tandem solar panels as "the most significant opportunity for this sector" and "are overall anticipated to dominate the perovskite PV market". Their similar mechanical properties to single-junction silicon solar, whilst achieving higher PCEs, makes them particularly suited for traditional solar applications, including solar farms and rooftop application.