Fuji Keizai has conducted a study of Japan’s perovskite solar cell market and released a forecast that it will expand to ¥98.2 billion in FY2040. Production is currently being carried out on pilot lines, with full-scale commercialization expected around FY2030.
Japan’s perovskite solar cell market is forecast to reach ¥98.2 billion in FY2040, while production is currently being carried out on pilot lines. Commercialization is expected around FY2030.
Rules for BIPV/BAPV, building-integrated and building-applied photovoltaic systems, are expected to be developed, with new safety standards likely to be optimized by FY2026. This is expected to accelerate the adoption of building-mounted systems.
New applications, including solar panels mounted on vehicle roofs, are also being developed and are attracting attention in terms of self-sufficiency in the energy used to power EVs. As Chinese companies view the Japanese market as promising and advance demonstration projects, Japanese companies are expected to differentiate themselves through long-term durability and LCOE.
New construction methods to reduce installation costs are also being developed, and optimizing total costs, including construction and installation costs, will be key to market expansion.