LUCINTEL FORECASTS THE GLOBAL SINGLE-JUNCTION GAAS SOLAR CELL MARKET IS EXPECTED TO GROW WITH A CAGR OF 7.5% FROM 2025 TO 2031

Lucintel Forecasts the Global Single-Junction Gaas Solar Cell Market is expected to grow with a CAGR of 7.5% from 2025 to 2031

Lucintel Forecasts the Global Single-Junction Gaas Solar Cell Market is expected to grow with a CAGR of 7.5% from 2025 to 2031

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According to a market report by Lucintel, the future of the global single-junction GaAs solar cell market looks promising with opportunities in the UAV, aerospace, and photovoltaic power generation markets. The global single-junction GaAs solar cell market is expected to grow with a CAGR of 7.5% from 2025 to 2031. The major drivers for this market are the increasing demand for high-efficiency solar cells, the rising adoption in aerospace applications, and the growing investment in renewable energy.

A more than 150-page report to understand trends, opportunity and forecast in single-junction GaAs solar cell market to 2031 by type (aviation grade and civilian grade), application (UAV, aerospace, photovoltaic power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, aviation grade is expected to witness higher growth over the forecast period.

Within the application category, aerospace is expected to witness the highest growth.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Download sample by clicking on single-junction GaAs solar cell market

Spectrolab, AZUR SPACE, Rocket Lab, Nanchang Kaixun Photoelectric, DR Technology, Shanghai Institute of Space Power-Sources, Xiamen Changelight are the major suppliers in the single-junction GaAs solar cell market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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