Japan Next-generation Organic Solar Cell Market was valued at USD 0.20 Billion in 2022 and is projected to reach USD 0.60 Billion by 2030, growing at a CAGR of 15.00% from 2024 to 2030.
Japan's Ambitious Leap into Next-Generation Organic Solar Cells: Industry Demand and Technological Innovations
Japan is proactively investing in next-generation organic solar cell technologies, aiming to revolutionize its energy landscape. The government has allocated $1.5 billion to commercialize ultra-thin, flexible perovskite solar cells, positioning them as a viable alternative to traditional energy sources. These cells, significantly thinner than conventional panels, can be integrated into various structures, including buildings and stadiums, aligning with Japan's limited space availability. The initiative seeks to generate energy equivalent to 20 nuclear power plants by 2040, with perovskite technology playing a pivotal role in achieving up to 50% renewable energy in the national electricity mix. Major subsidies are directed towards companies like Sekisui Chemical, which is developing robust sealing resins to enhance the durability of these cells. Despite higher initial production costs, efforts are underway to scale production and overcome technical challenges, aiming to make perovskite cells a mainstream energy solution. citeturn0news11
In parallel, Japanese researchers have made significant strides in organic solar cell development. Scientists at the Riken Center for Emergent Matter Science have created a waterproof and flexible organic photovoltaic (OPV) cell with a thickness of just 3 micrometers. This cell maintains 89% of its initial efficiency after four hours of water immersion and retains 96% efficiency after 300 cycles of 30% stretching. Such advancements open new possibilities for wearable electronics and other flexible applications, showcasing Japan's commitment to integrating renewable energy solutions into everyday technologies. citeturn0search1
Furthermore, the Japanese Ministry of Economy, Trade and Industry (METI) has outlined a strategic plan to promote perovskite solar cells, targeting the installation of 20 gigawatts (GW) of this technology by 2040. The plan includes financial incentives to reduce production costs, with goals set at 20 yen per kilowatt-hour (kWh) by 2025, 14 yen/kWh by 2030, and 10 yen/kWh by 2040. This strategy emphasizes Japan's focus on integrating renewable energy sources, particularly perovskite solar cells, to enhance energy security and reduce dependence on fossil fuels. citeturn0search4
Industries are increasingly recognizing the potential of next-generation organic solar cells. The demand spans various sectors, including construction, electronics, and automotive, driven by the need for lightweight, flexible, and efficient energy solutions. The ability to integrate these cells into diverse surfaces and structures aligns with modern design and sustainability goals. As technological advancements continue to improve efficiency and reduce costs, the adoption of organic solar cells is expected to accelerate, contributing significantly to Japan's renewable energy objectives and offering innovative solutions across multiple industries.
Get an In-Depth Research Analysis of the Japan Next-generation Organic Solar Cell Market Size And Forecast [2025-2032]
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ARMOR Group
AGC
Heliatek
Mitsubishi Chemical
Belectric
Henkel
Sunew
Advent Technologies Inc Sumitomo Chemical
Toshiba
Heraeus
BASF
DisaSolar
EMD Performance Materials
Infinity PV ApS
ENI
Raynergy Tek Incrporation
NanoFlex Power Corporation
Solar Windows Technologies
Mekoprint
Kolon Industries
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Next-generation Organic Solar Cell Market
Building-Integrated Photovoltaics (BIPV)
Portable Electronics
Agricultural Use
Wearable Devices
Transportation
Small Molecule Organic Solar Cells
Polymer Solar Cells
Perovskite Solar Cells
Hybrid Solar Cells
Printable Solar Cells
Organic Photovoltaic Materials
Conductive Polymers
Electron Donor Materials
Electron Acceptor Materials
Substrates and Encapsulants
Residential
Commercial
Industrial
Utility Scale
Government and Defense
Low Efficiency (Below 10%)
Medium Efficiency (10% - 15%)
High Efficiency (Above 15%)
Ultra-high Efficiency (Above 20%)
Emerging Technologies (Research Phase)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Next-generation Organic Solar Cell Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Next-generation Organic Solar Cell Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Next-generation Organic Solar Cell Market, By Type
6. Japan Next-generation Organic Solar Cell Market, By Application
7. Japan Next-generation Organic Solar Cell Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Next-generation Organic Solar Cell Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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