GLEN ALLEN, Va., April 23, 2012 /PRNewswire/ -- Industry analyst firm NanoMarkets announces the release of its latest report on the DSC market titled, "Markets for Dye-Sensitized Cell Photovoltaics 2012." NanoMarkets believes that even as the overall PV industry is reeling from rapidly declining panel prices, cutbacks in government support, and failing firms, DSC is a technology with solid growth prospects. In the report NanoMarkets estimates that the total market value of DSC modules at the application level will grow from about $40 million in 2012 to over $500 million by 2015. Then, after building-integrated PV (BIPV) applications for DSC PV take off, the firm anticipates that the market value will exceed $4.4 billion by 2019. At the same time, the market for DSC materials is expected to grow from a value of just under $12 million in 2012 to over $1.2 billion by 2019. Additional details about the report are available at: http://nanomarkets.net/market_reports/report/dye_sensitized_cell_markets_2012. Members of the press can request a full executive summary from the report. NanoMarkets is also set to release an update to its coverage of the organic photovoltaic (OPV) market within the next two weeks of this release. Details of that report are available at: http://nanomarkets.net/market_reports/report/opportunities_in_the_organic_photovoltaics_market_2012About the Report: In the past two years, the dye sensitized cell (DSC) market has come of age and has moved out of its R&D phase. The performance of DSCs is now comparable with amorphous silicon PV, but with much more potential than a-Si for performance improvements. DSC PV also offers an ability to be deployed on flexible substrates and perform under non-peak insolation. This report provides an in-depth market analysis of recent developments in DSCs, examining the meaning of the latest products, strategies and technical developments. We identify how performance improvements are likely to help grow addressable markets for DSC and where these new markets are to be found. Specifically, we examine the potential for DSC in the BIPV sector and how DSC is likely to do in a world in which solar energy is not the hot topic that it was a few years ago.