Steady Growth Forecasted for Dye Sensitized Solar Cells

June 3, 2013

Conservative growth is expected within the dye sensitized solar cells, DSSCs, market, forecasted to reach $130 million by 2023.

Iliza Sokol

The market for third generation solar technology is expected to see some conservative growth with the dye sensitized solar cells (DSSCs) segment, forecasted to reach $130 million by 2023, according to market research company, IDTechEx.

Initial uses for DSSCs have included indoor, portable products such as solar chargers and wireless keyboards, but that is only the tip of the proverbial iceberg. Developers hope to include the inexpensive cells into a wider variety of larger installations, such as bus shelters, steel roofing, and other facades.

Although the application of DSSCs in portable devices will remain popular, the opportunity to expand is reported as the cause for the expected growth. The implementation of DSSCs could even be used in photovoltaics (PV) for developing countries in need of cost-effective energy solutions.

About the Author

Iliza Sokol | Associate Content Producer

Iliza joined the Penton Media group in 2013 after graduating from the Fashion Institute of Technology with a BS in Advertising and Marketing Communications. Prior to joining the staff, she worked at NYLON Magazine and a ghostwriting firm based in New York.