A recent market report by Lux Research stated that perovskites offer several new opportunities for partnerships with universities ahead of a likely commercial deployment between 2019 and 2021. While efficiency of perovskite-based solar cells is constantly improving, the main remaining issues are stability, cost, and the feasibility of real-world efficiencies that must be addressed before commercialization can occur.

Lux Research analysts evaluated the existing state of perovskite solar cells and identified opportunities for companies to partner with academia. Among their findings are the following: partnerships are continuously emerging from labs, and opportunities are still available. Many leading researchers have clear partnerships, but opportunities are still present with various institutions and universities. Also, China is the leading publisher on perovskite solar cells, accounting for a quarter of all academic publications, but more impactful research is coming out of Israel, Switzerland, Singapore, and the UK. China is followed by the USA and South Korea. However, European countries – the UK, Italy, Switzerland, Germany, Spain, Sweden, France, Greece and Belgium - together account for 24% (almost equivalent to China).