Report Code: A14886 | Pages: NA | Mar 2023 | 625 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Cadmium Telluride Market
Request Now !Cadmium telluride (CdTe) is obtained from telluride and cadmium. Cadmium telluride is a stable crystalline compound that is formed from cadmium and tellurium. It is used in solar cells and optical materials which are used in lenses and optical windows. It is used to convert sunlight into electricity also in photovoltaic cells. The product made from cadmium telluride requires simple manufacturing and is cheaper as compared to other materials. These products are more electro-optic coefficient than any other compounds. Hence used in electro-modulators. Cadmium telluride is used in many applications such as semiconductors, solar batteries and laboratory equipment, and many others. Cadmium telluride-based polar panels are the only first thin-film photovoltaic technology that surpassed the solar crystalline silicon.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | Â 2020-2030 |
 Base Year Considered |  2020 |
 Forecast Period  |  2021-2030 |
 Forecast Unit  |  Value (USD) |
 Segments Covered  |  Type, Application |
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COVID-19 Impact Analysis
Top Impacting Factors
Demand for photovoltaic solar cells is increasing and this will increase the growth of the cadmium telluride market. The conventional energy sources are depleting, this creates more use of renewable sources and will create good opportunity for the cadmium telluride market. Renewable sources such as solar cells have cadmium as the major unit, which will drive the cadmium telluride market. The government of various countries is investing and initiating in the solar sector this will fuel up the growth of the cadmium telluride market. However, out of many opportunities, many strict regulations and the supply shortage of cadmium telluride, the low efficiency of cadmium telluride can restrain the growth of the market.
On the other hand, easy manufacturing of cadmium telluride and the availability of the excess amount of cadmium help to expand the market. The ability of cadmium telluride to absorb sunlight to its ideal wavelength can also lead to the growth of the product.
Market Trends
Key Benefits of the Report
Questions Answered in the Cadmium Telluride Market Report
Cadmium Telluride Market Report Highlights
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Key Market Players | Dmsolar LLC, Antec Solar GmbH, MaTecK, Advanced Solar Power, First Solar Inc, NREL, Reel Solar and Lucintech, Kurt J. Lesker Company,, Green-tech, Janos Tech, General Electric, Calyxo GmbH, Amptek |
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