Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market (2025-2031) | Trends, Share, Companies, Size & Revenue, Segmentation, Competitive Landscape, Value, Analysis, Growth, Outlook, Industry, Forecast

Market Forecast By Type (Electrospray Deposition, Chemical Vapour Deposition, Co-evaporation, Film Production), By Film Thickness (1-2 Micro Meters, 2-3 Micro Meters, 3-4 Micro Meters), By End User (Automobiles, Electronics and Electrical, Energy and Power, Others) And Competitive Landscape
Product Code: ETC8838655 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Copper Indium Gallium Selenide Solar Cells Cigs Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, the Philippines continued to see significant import shipments of Copper Indium Gallium Selenide (CI(G)S) solar cells, with top exporting countries being Japan, China, Taiwan, Singapore, and South Korea. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a sharp decline with a negative Compound Annual Growth Rate (CAGR) of -42.69% from 2020 to 2024. Furthermore, the growth rate in 2024 alone plummeted by -55.45%, reflecting a challenging year for the CI(G)S solar cell market in the Philippines.

Philippines Copper Indium Gallium Selenide Solar Cells Cigs Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Synopsis

CIGS is a niche photovoltaic technology offering high efficiency in thin-film form. The Philippines’ solar energy sector is still emerging, with installations largely dominated by crystalline silicon panels. CIGS remains limited to pilot projects and R&D due to higher upfront costs and limited manufacturing scale. However, demand for off-grid solar solutions may create future opportunities.

Trends of the market

The Ci(G)S solar cell market is emerging in the Philippines amid growing investments in renewable energy. Copper plays a crucial role in the production of these thin-film solar cells, which are favored for their efficiency and flexibility. Government policies promoting solar energy adoption stimulate market growth, though initial capital costs and technology transfer remain challenges.

Challenges of the market

The CIGS solar cells market in the Philippines faces challenges due to high production costs and technological complexity compared to conventional silicon-based solar panels. Limited local manufacturing capabilities hinder large-scale adoption, while dependence on imported components increases vulnerability to supply chain disruptions. Additionally, the lack of supportive government incentives specific to CIGS technology slows down investment and commercialization efforts. Public awareness of the advantages of CIGS, such as flexibility and efficiency under low light, is also limited, affecting demand.

Investment opportunities in the Market

The Ci(G)S solar cell market represents a high-growth opportunity in the Philippines’ renewable energy landscape. This thin-film photovoltaic technology, which uses copper, offers cost-effective and flexible solar solutions suited to the country`s climatic conditions. Investment in local manufacturing or assembly of Ci(G)S panels can reduce import costs and support government renewable energy targets. Collaborating with energy developers and securing favorable financing options can accelerate project deployments, making this market attractive for green energy investors.

Government Policy of the market

The government fosters the renewable energy sector, including advanced photovoltaic technologies like Ci(G)S solar cells, through policies that incentivize clean energy adoption and local manufacturing. The Renewable Energy Act supports research and development, tax incentives, and streamlined approvals, aligning with national goals to increase the share of sustainable energy in the power mix.

Key Highlights of the Report:

  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Outlook
  • Market Size of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, 2024
  • Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Revenues & Volume for the Period 2021- 2031
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Trend Evolution
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Drivers and Challenges
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Price Trends
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Porter's Five Forces
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Industry Life Cycle
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Electrospray Deposition for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Chemical Vapour Deposition for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Co-evaporation for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Film Production for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Film Thickness for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By 1-2 Micro Meters for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By 2-3 Micro Meters for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By 3-4 Micro Meters for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By End User for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Automobiles for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Electronics and Electrical for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Energy and Power for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Film Thickness
  • Market Opportunity Assessment By End User
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Top Companies Market Share
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Company Profiles
  • Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market - Industry Life Cycle

3.4 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market - Porter's Five Forces

3.5 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume Share, By Film Thickness, 2021 & 2031F

3.7 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing government initiatives and policies supporting renewable energy and solar power adoption in the Philippines

4.2.2 Growing awareness about the benefits of copper indium gallium selenide solar cells (CI(G)S) in terms of efficiency and cost-effectiveness

4.2.3 Rise in investments in the renewable energy sector in the Philippines

4.3 Market Restraints

4.3.1 High initial installation costs of CI(G)S solar cells compared to traditional solar panels

4.3.2 Limited availability of raw materials required for manufacturing CI(G)S solar cells

4.3.3 Competition from other types of solar technologies such as silicon-based solar cells

5 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Trends

6 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, By Types

6.1 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Electrospray Deposition, 2021- 2031F

6.1.4 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Chemical Vapour Deposition, 2021- 2031F

6.1.5 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Co-evaporation, 2021- 2031F

6.1.6 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Film Production, 2021- 2031F

6.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, By Film Thickness

6.2.1 Overview and Analysis

6.2.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By 1-2 Micro Meters, 2021- 2031F

6.2.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By 2-3 Micro Meters, 2021- 2031F

6.2.4 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By 3-4 Micro Meters, 2021- 2031F

6.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market, By End User

6.3.1 Overview and Analysis

6.3.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Automobiles, 2021- 2031F

6.3.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Electronics and Electrical, 2021- 2031F

6.3.4 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Energy and Power, 2021- 2031F

6.3.5 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Import-Export Trade Statistics

7.1 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Export to Major Countries

7.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Imports from Major Countries

8 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Key Performance Indicators

8.1 Average efficiency improvement rate of CI(G)S solar cells

8.2 Number of research and development projects focused on enhancing CI(G)S solar cell technology

8.3 Adoption rate of CI(G)S solar cells in commercial and residential sectors in the Philippines

9 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market - Opportunity Assessment

9.1 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Opportunity Assessment, By Film Thickness, 2021 & 2031F

9.3 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Opportunity Assessment, By End User, 2021 & 2031F

10 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market - Competitive Landscape

10.1 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Revenue Share, By Companies, 2024

10.2 Philippines Copper Indium Gallium Selenide Solar cells (Ci(G)S) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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