Organic Solar Cells Market Size, Share, Opportunities, And Trends By Type (Single Layer, Bilayer, Bulk Heterojunction Organic Cells), By Application (Conventional Solar Applications, Mobile Applications, Military-based Applications, Building Integrated Photovoltaics (BIPV)), And By Geography - Forecasts From 2025 To 2030

Organic Solar Cells Market Size:

The organic solar cells market is estimated to attain US$333.169 million by 2030, growing at a CAGR of 11.94% from US$189.589 million in 2025.

Organic solar cells (OSCs) are categorized as third-generation solar cells containing organic polymers. OSCs are one of the emerging photovoltaic (PV) technologies and are used in electronics for charge transmission and light absorption. In terms of design and adaptability, organic solar cells outperform conventional solar cells, which is projected to spur industry expansion. Technological advancement and product innovations are paramount for the organic solar cell market. Consistent R&D promotes greater efficiency, better stability and durability, and lower cost of production, increasing the competitiveness and affordability of organic solar cells. In addition, launching new products incorporating organic solar cells in various applications, including wearable devices, building materials, and portable electronics, boosts the market growth.

Organic Solar Cells Market Overview & Scope:

The organic solar cells market is segmented by:

• Type: The organic solar cells market, by type, is divided into single-layer, bilayer, and bulk heterojunction organic cells. Single-layer cells are the most basic, whereas bilayer cells add a clear interface for charge separation. Bulk heterojunction cells provide better efficiency because of their greater interfacial area for charge transfer.
• Application: The organic solar cells market, by application, is divided into several categories.  Conventional solar applications include traditional uses like solar farms and rooftops, where organic cells offer benefits in specific situations.  Mobile applications leverage the flexibility and light weight of these cells for integration into electronics, wearables, and vehicles.  Military-based applications utilize their portability and durability for powering equipment and soldier gear.  Additionally, Building Integrated Photovoltaics (BIPV) integrates organic cells into building materials, turning structures into power generators.  These diverse applications showcase the versatility of organic solar cell technology.
• Region: The Americas region is poised to hold the major share of the organic solar cells market, majorly driven by a growing need for renewable energy and a desire for energy independence. The unique benefits of organic solar cells, including their flexibility and potential for low-cost production, make them appealing for diverse applications.  According to the “Short-term Energy Outlook” issued by the US Energy Information Administration, in 2024, the US electricity generation g based on solar photovoltaic stood at 123.6 GW, increasing which is expected to reach 154 GW in 2025 and 179.5 GW in 2026.

Top Trends Shaping the Organic Solar Cells Market:

1. Growing Emphasis on Sustainability

• The global push for clean energy sources is a major driver. Organic solar cells offer a potentially more environmentally friendly alternative to traditional silicon-based solar cells.

2. Rising emphasis on Building Integrated Photovoltaics (BIPV)

• The organic solar cells are well built for utilization in BIPV because of their durability, and flexibility as well as easy-to-install applications. Additionally, it is attributed to key growth drivers including increasing demand for renewable energy, rising energy costs, environmental concerns, government policies, and technological advancements.

Organic Solar Cells Market Growth Drivers vs. Challenges:

Drivers:

• Rising demand for cleaner energy and favorable government initiatives: To meet the ever-rising energy demand of the 21st century, an increasing number of green and renewable energies are being utilized. Amongst all, solar energy is one of the most reliable renewable sources. Rapid increasing population, industrialization, and changing technology are demanding a significant amount of energy.  According to IEA, solar PVs account for 60% of renewable energy alone. Utility-scale solar PV is the least expensive choice for expanding power supply in the majority of most nations worldwide, particularly in light of growing natural gas and coal prices. The deployment of commercial and residential PV projects is significantly being accelerated by p Policy measures in China, the European Union, and India are significantly accelerating the deployment of commercial and residential PV projects.
• Increasing technological advancement: there is a rise in research and innovations of these cells for advancing the organic solar cell market and augmenting the applicability of these cells in different sectors will promote the segment in the coming years. For instance, in May 2023, PolyU researchers achieved a 19.31% power conversion efficiency with organic solar cells, enhancing their applications in solar energy devices. They developed a non-monotonic intermediated state manipulation strategy to manipulate bulk-heterojunction organic cell morphology and optimize crystallization dynamics and energy loss of non-fullerene organic solar cells, thereby enhancing the efficiency of these advanced solar energy devices.

Challenges:

•  High Production Cost:  The specialized materials utilized in the production of organic solar cells are comparatively expensive and scaling up these cells' production requires huge investment which can hinder market growth.

Organic Solar Cells Market Regional Analysis:

• Asia-Pacific: Governments across the region are creating and implementing putting into practice several laws and programs to address the problems brought on by climate change by converting to low-energy structures, which will boost the market's expansion demand for organic solar cells. For instance, PM Surya Ghar Muft Bijli Yojana enables Indian homes to use rooftop solar with subsidies of 60% on systems up to 2 kW and 40% on systems between 2-3 kW, with maximum benefits of 3 kW.

Organic Solar Cells Market Competitive Landscape:

The market is fragmented, with many notable players including Mitsubishi Chemical Holdings Corporation, Armor Group, and NanoFlex Power Corporation., among others:

• In February 2025, Scientists from the Institute of Macromolecular Chemistry of the Czech Academy of Sciences, in collaboration with Linköping University in Sweden, developed organic solar cells that eliminate toxic solvents and heavy metals, providing a cleaner alternative to conventional silicon panels. Their research was published in the scientific journal Nature Energy.
• In January 2025, Nichicon, a world-leading energy storage battery manufacturer, and Epishine, a Swedish innovator of printed organic solar cells, introduced the SCB-EpNi-2500-000400, a disruptive self-charging battery solution. This self-sustaining power module unites Nichicon's industry-leading LTO batteries with Epishine's super-thin and flexible organic solar cells, optimized for indoor illumination, to provide a plug-and-play energy-independent solution for IoT and other low-power devices.

Organic Solar Cells Market Scope:

Report Metric	Details
Organic Solar Cells Market Size in 2025	US$189.589 million
Organic Solar Cells Market Size in 2030	US$333.169 million
Growth Rate	CAGR of 11.94%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Type Application Geography
Geographical Segmentation	Americas, Europe, Middle East & Africa, Asia Pacific
List of Major Companies in the Organic Solar Cells Market	Mitsubishi Chemical Holdings Corporation Armor Group NanoFlex Power Corporation GenesInk Heliatek
Customization Scope	Free report customization with purchase

 

Organic Solar Cells Market is analyzed into the following segments:

By Type

• Single Layer
• Bilayer
• Bulk Heterojunction Organic Cells

By Application

• Conventional Solar Applications
• Mobile Applications
• Military-Based Applications
• Building Integrated Photovoltaics (BIPV)

By Region

• Americas
  • United States
  • Others
• Europe, Middle East & Africa
  • Germany
  • France
  • Others
• Asia Pacific
  • China
  • Japan
  • Others

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK 

5. ORGANIC SOLAR CELLS MARKET BY TYPE

5.1. Introduction

5.2. Single Layer

5.3. Bilayer

5.4. Bulk Heterojunction Organic Cells

6. ORGANIC SOLAR CELLS MARKET BY APPLICATION

6.1. Introduction

6.2. Conventional Solar Applications

6.3. Mobile Applications 

6.4. Military-Based Applications

6.5. Building Integrated Photovoltaics (BIPV)

7. ORGANIC SOLAR CELLS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. Americas

7.2.1. United States

7.2.2. Others

7.3. Europe, Middle East & Africa

7.3.1. Germany

7.3.2. France

7.3.3. Others

7.4. Asia Pacific

7.4.1. China

7.4.2. Japan

7.4.3. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Mitsubishi Chemical Holdings Corporation

9.2. Armor Group

9.3. NanoFlex Power Corporation

9.4. GenesInk 

9.5. Heliatek

9.6. Epishine

9.7. Solivus

9.8. Moresco Corporation

9.9. Solarmar Energy Inc.

10. APPENDIX

10.1. Currency 

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

Mitsubishi Chemical Holdings Corporation

Armor Group

NanoFlex Power Corporation

GenesInk 

Heliatek

Epishine

Solivus

Moresco Corporation

Solarmar Energy Inc.