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The BIPV (building-integrated solar cell) field is the largest because the demand for perovskite solar cells is increasing and it is used for some of the exterior walls and components of buildings such as windows, roofs and faГ§ade. Flat perovskite solar cells are expected to drive market growth due to their growing demand. Mesoporous perovskite solar cells are expected to exceed the US $ 350 million market size by 2025 due to their power conversion efficiency of over 20% and the most commonly used structures in product manufacturing. In addition, flexible modules are expected to grow significantly due to various Rigid modules are expected to occupy an overwhelming market share due to the growing demand for various applications. The fastest growth is expected at about 29.8%. Flexible PSCs are in increasing demand in areas such as wearable power supplies and architectural integration due to various advantages such as portability, light weight, flexibility, and compatibility with an unspecified number of electronic devices. Hybrid PSCs are expected to have the largest market share as they are primarily commonly used. The global perovskite solar cell market is divided into product types, module types, structures and applications. The power conversion efficiency of perovskite solar cells has increased from 3% in 2006 to 25% in 2020. The power conversion efficiency of perovskite metal halide solar cells has increased from 3% in 2006 to 25% in 2020. In addition, the power conversion efficiency can be improved as compared with the silicon solar cell. Perovskite solar cells are preferred over commercially available silicon and other inorganic and organic solar cells because of their high efficiency and inexpensive processes and materials. High efficiency of perovskite solar cells On the other hand, the inclusion of harmful substances such as lead and the lack of standard solutions are thought to be factors that restrain the market. In addition, increasing attention to solar energy is likely to boost market growth. This market is expected to be driven by the high efficiency of perovskite solar cells. Perovskite is a material that has the same crystal structure as the mineral calcium titanate.

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Perovskite solar cells are composed of compounds with a perovskite structure, and mainly use inorganic and organic hybrid lead and tin halide materials. The market is expected to record a CAGR of 28.7% during the forecast period.

The global market for perovskite solar cells is projected to reach US $ 2,012.7 million in 2027. The perovskite solar cell market is expected to reach US $ 2012.8 million in 2027ДЄccording to the latest report published by ASTUTE ANALYTICA on November 8, 2021, the growth rate of about 28.4% is expected due to the increasing use of solar energy in South America.