Research Methodology – Thin-Film Photovoltaic Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Thin-Film Photovoltaic Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Thin-Film Photovoltaic Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Current and projected global energy demand and consumption
- Level of saturation in the Thin-Film Photovoltaic Market
- Market penetration of thin-film photovoltaic technologies
- Upcoming technological advancements in thin-film photovoltaics
- Government policies and regulations promoting the use of renewable energy sources
- Investments and subsidies in renewable energy sector
- Pricing trends for thin-film photovoltaic systems
- Geographical distribution and the potential for market expansion in different regions
Key Market Indicators
- Global and regional energy production and consumption trends
- Annual installed capacity of thin-film photovoltaic systems
- Market share of different types of thin-film photovoltaic technologies (e.g., CdTe, CIGS, amorphous silicon)
- Investment trends in the renewable energy sector
- Growth in the number of companies manufacturing and selling thin-film photovoltaic systems
- Trends in government policies and regulations related to renewable energy
Growth Trends
- Increasing adoption of thin-film photovoltaic technology due to its advantages over traditional silicon-based photovoltaic systems
- Growth in the number of residential and commercial installations of thin-film photovoltaic systems
- Increased investment and research in thin-film photovoltaic technology
- Growth in emerging markets like Asia Pacific, Middle East and Africa
- Rising demand for off-grid electricity systems in remote and rural areas boosting the market growth
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Thin-Film Photovoltaic Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Thin-Film Photovoltaic Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights