Organic Solar Cells Market

By Type;

Dye-Sensitized Nano Crystalline Solar Cells and PN Junction Structure

By Application;

Building-Integrated Photovoltaic (BIPV), Portable Electronics, Defense Application, Conventional Solar and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn202423721 Published Date: September, 2025 Updated Date: October, 2025

Organic Solar Cell Market Overview

Organic Solar Cell Market (USD Million)

Organic Solar Cell Market was valued at USD 687.94 million in the year 2024. The size of this market is expected to increase to USD 2465.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 20.0%.


Organic Solar Cells Market

*Market size in USD million

CAGR 20.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)20.0 %
Market Size (2024)USD 687.94 Million
Market Size (2031)USD 2465.00 Million
Market ConcentrationLow
Report Pages314
687.94
2024
2465.00
2031

Major Players

  • Heliatek GmbH
  • Solarmer Energy, Inc
  • Mitsubishi Chemical Corporation
  • BELECTRIC OPV GmbH
  • Sumitomo Chemical Co., Ltd
  • Disa Solar
  • New Energy Technologies

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Organic Solar Cells Market

Fragmented - Highly competitive market without dominant players


The Organic Solar Cell Market is gaining strong traction as industries seek sustainable energy solutions. Adoption of organic photovoltaics has increased by 29%, driven by the demand for lightweight materials and eco-friendly technologies. Nearly 41% of innovators favor organic solar cells due to flexibility and reduced production costs.

Key Growth Drivers
Focus on renewable energy adoption and cost-efficient solar alternatives is driving expansion. Around 36% of organizations highlight organic solar cells for improved design adaptability, while 28% cite reduced carbon impact as a decisive factor. Growing preference for clean energy transitions supports wider market integration.

Technological Advancements
Breakthroughs in polymer chemistry, nanomaterials, and printing techniques have improved efficiency by 24%. About 31% of installations feature enhanced electrode materials, ensuring stronger performance. These advances provide 27% better durability, while maintaining scalability for commercial production.

Future Outlook
Producers are scaling investments, with 45% focusing on advanced manufacturing techniques. Innovation pipelines featuring multi-layer architectures grew by 32%, strengthening efficiency outcomes. Approximately 59% of stakeholders expect greater emphasis on R&D and long-term reliability, securing the market’s growth potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Organic Solar Cell Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns
        2. Climate Change Mitigation
        3. Energy Security and Independence
        4. Government Policies and Incentives
      2. Restraints
        1. Grid Integration Challenges
        2. Land Use and Environmental Concerns
        3. Technological Limitations
        4. Infrastructure Constraints
      3. Opportunities
        1. Capacity Expansion
        2. Market Penetration
        3. Collaboration and Partnership Opportunities
        4. Environmental Stewardship
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Organic Solar Cells Market, By Type, 2021 - 2031 (USD Million)
      1. Dye-Sensitized Nano Crystalline Solar Cells
      2. PN Junction Structure
    2. Organic Solar Cells Market, By Application, 2021 - 2031 (USD Million)
      1. Building-Integrated Photovoltaic (BIPV)
      2. Portable Electronics
      3. Defense Application
      4. Conventional Solar
      5. Others
    3. Organic Solar Cell Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Heliatek GmbH
      2. BELECTRIC OPV GmbH
      3. Disa Solar
      4. Mitsubishi Chemical Corporation
      5. Solarmer Energy, Inc.
      6. Sumitomo Chemical Co. Ltd.
      7. New Energy Technologies, Inc.
      8. ARMOR (ASCA)
      9. infinityPV ApS
      10. NanoFlex Power Corporation
      11. EMD Performance Materials (Merck KGaA)
      12. Optodot
      13. Advent Technologies
      14. Fraunhofer UMSICHT
      15. Oxford PV
  7. Analyst Views
  8. Future Outlook of the Market