Silicon Based Thin Film Solar Cell Market, Global Outlook and Forecast 2023-2029

Silicon Based Thin Film Solar Cell Market, Global Outlook and Forecast 2023-2029

Report Code: KNJ1639813 | No. of Pages: 121 | Category: Energy
Publisher: Market Monitor Global | Date of Publish: Jul-2023
The global Silicon Based Thin Film Solar Cell market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Amorphous Silicon Thin Film Solar Cells Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Silicon Based Thin Film Solar Cell include First Solar, Solar Frontier, Sharp Thin Film, MiaSole, NexPower, PowerFilm Solar, Inc, Sunfilm AG, Sontor GmbH and Calyxo, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
Silicon-based thin-film solar cells is a general term for all thin-film solar cells that use silicon as the main material. It is mainly divided into amorphous silicon and microcrystalline silicon, but also includes various alloy materials and cells based on silicon, such as amorphous silicon germanium cells, etc.
This report aims to provide a comprehensive presentation of the global market for Silicon Based Thin Film Solar Cell, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silicon Based Thin Film Solar Cell. This report contains market size and forecasts of Silicon Based Thin Film Solar Cell in global, including the following market information:
Global Silicon Based Thin Film Solar Cell Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Silicon Based Thin Film Solar Cell Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Silicon Based Thin Film Solar Cell companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silicon Based Thin Film Solar Cell manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silicon Based Thin Film Solar Cell Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Silicon Based Thin Film Solar Cell Market Segment Percentages, by Type, 2022 (%)
    Amorphous Silicon Thin Film Solar Cells
    Microcrystalline Silicon Thin Film Solar Cells
Global Silicon Based Thin Film Solar Cell Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Silicon Based Thin Film Solar Cell Market Segment Percentages, by Application, 2022 (%)
    Residential
    Commercial
    Other
Global Silicon Based Thin Film Solar Cell Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Silicon Based Thin Film Solar Cell Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Silicon Based Thin Film Solar Cell revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Silicon Based Thin Film Solar Cell revenues share in global market, 2022 (%)
Key companies Silicon Based Thin Film Solar Cell sales in global market, 2018-2023 (Estimated), (MW)
Key companies Silicon Based Thin Film Solar Cell sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    First Solar
    Solar Frontier
    Sharp Thin Film
    MiaSole
    NexPower
    PowerFilm Solar, Inc
    Sunfilm AG
    Sontor GmbH
    Calyxo
    Kaneka Solartech
    Bangkok Solar
    Wurth Solar
    Global Solar Energy
    Hanergy
    Flisom
    Solara
    Solbian
    MetSolar
    Enecom Power
    Antec Solar
    Lensun
    ENN Energy Holdings
    Topray Solar
Outline of Major Chapters:
Chapter 1: Introduces the definition of Silicon Based Thin Film Solar Cell, market overview.
Chapter 2: Global Silicon Based Thin Film Solar Cell market size in revenue and volume.
Chapter 3: Detailed analysis of Silicon Based Thin Film Solar Cell manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Silicon Based Thin Film Solar Cell in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Silicon Based Thin Film Solar Cell capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
    1.1 Silicon Based Thin Film Solar Cell Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Silicon Based Thin Film Solar Cell Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Silicon Based Thin Film Solar Cell Overall Market Size
    2.1 Global Silicon Based Thin Film Solar Cell Market Size: 2022 VS 2029
    2.2 Global Silicon Based Thin Film Solar Cell Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Silicon Based Thin Film Solar Cell Sales: 2018-2029
3 Company Landscape
    3.1 Top Silicon Based Thin Film Solar Cell Players in Global Market
    3.2 Top Global Silicon Based Thin Film Solar Cell Companies Ranked by Revenue
    3.3 Global Silicon Based Thin Film Solar Cell Revenue by Companies
    3.4 Global Silicon Based Thin Film Solar Cell Sales by Companies
    3.5 Global Silicon Based Thin Film Solar Cell Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Silicon Based Thin Film Solar Cell Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Silicon Based Thin Film Solar Cell Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Silicon Based Thin Film Solar Cell Players in Global Market
        3.8.1 List of Global Tier 1 Silicon Based Thin Film Solar Cell Companies
        3.8.2 List of Global Tier 2 and Tier 3 Silicon Based Thin Film Solar Cell Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Silicon Based Thin Film Solar Cell Market Size Markets, 2022 & 2029
        4.1.2 Amorphous Silicon Thin Film Solar Cells
        4.1.3 Microcrystalline Silicon Thin Film Solar Cells
    4.2 By Type - Global Silicon Based Thin Film Solar Cell Revenue & Forecasts
        4.2.1 By Type - Global Silicon Based Thin Film Solar Cell Revenue, 2018-2023
        4.2.2 By Type - Global Silicon Based Thin Film Solar Cell Revenue, 2024-2029
        4.2.3 By Type - Global Silicon Based Thin Film Solar Cell Revenue Market Share, 2018-2029
    4.3 By Type - Global Silicon Based Thin Film Solar Cell Sales & Forecasts
        4.3.1 By Type - Global Silicon Based Thin Film Solar Cell Sales, 2018-2023
        4.3.2 By Type - Global Silicon Based Thin Film Solar Cell Sales, 2024-2029
        4.3.3 By Type - Global Silicon Based Thin Film Solar Cell Sales Market Share, 2018-2029
    4.4 By Type - Global Silicon Based Thin Film Solar Cell Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Silicon Based Thin Film Solar Cell Market Size, 2022 & 2029
        5.1.2 Residential
        5.1.3 Commercial
        5.1.4 Other
    5.2 By Application - Global Silicon Based Thin Film Solar Cell Revenue & Forecasts
        5.2.1 By Application - Global Silicon Based Thin Film Solar Cell Revenue, 2018-2023
        5.2.2 By Application - Global Silicon Based Thin Film Solar Cell Revenue, 2024-2029
        5.2.3 By Application - Global Silicon Based Thin Film Solar Cell Revenue Market Share, 2018-2029
    5.3 By Application - Global Silicon Based Thin Film Solar Cell Sales & Forecasts
        5.3.1 By Application - Global Silicon Based Thin Film Solar Cell Sales, 2018-2023
        5.3.2 By Application - Global Silicon Based Thin Film Solar Cell Sales, 2024-2029
        5.3.3 By Application - Global Silicon Based Thin Film Solar Cell Sales Market Share, 2018-2029
    5.4 By Application - Global Silicon Based Thin Film Solar Cell Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Silicon Based Thin Film Solar Cell Market Size, 2022 & 2029
    6.2 By Region - Global Silicon Based Thin Film Solar Cell Revenue & Forecasts
        6.2.1 By Region - Global Silicon Based Thin Film Solar Cell Revenue, 2018-2023
        6.2.2 By Region - Global Silicon Based Thin Film Solar Cell Revenue, 2024-2029
        6.2.3 By Region - Global Silicon Based Thin Film Solar Cell Revenue Market Share, 2018-2029
    6.3 By Region - Global Silicon Based Thin Film Solar Cell Sales & Forecasts
        6.3.1 By Region - Global Silicon Based Thin Film Solar Cell Sales, 2018-2023
        6.3.2 By Region - Global Silicon Based Thin Film Solar Cell Sales, 2024-2029
        6.3.3 By Region - Global Silicon Based Thin Film Solar Cell Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Silicon Based Thin Film Solar Cell Revenue, 2018-2029
        6.4.2 By Country - North America Silicon Based Thin Film Solar Cell Sales, 2018-2029
        6.4.3 US Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.4.4 Canada Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.4.5 Mexico Silicon Based Thin Film Solar Cell Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Silicon Based Thin Film Solar Cell Revenue, 2018-2029
        6.5.2 By Country - Europe Silicon Based Thin Film Solar Cell Sales, 2018-2029
        6.5.3 Germany Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.4 France Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.5 U.K. Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.6 Italy Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.7 Russia Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.8 Nordic Countries Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.5.9 Benelux Silicon Based Thin Film Solar Cell Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Silicon Based Thin Film Solar Cell Revenue, 2018-2029
        6.6.2 By Region - Asia Silicon Based Thin Film Solar Cell Sales, 2018-2029
        6.6.3 China Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.6.4 Japan Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.6.5 South Korea Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.6.6 Southeast Asia Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.6.7 India Silicon Based Thin Film Solar Cell Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Silicon Based Thin Film Solar Cell Revenue, 2018-2029
        6.7.2 By Country - South America Silicon Based Thin Film Solar Cell Sales, 2018-2029
        6.7.3 Brazil Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.7.4 Argentina Silicon Based Thin Film Solar Cell Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Silicon Based Thin Film Solar Cell Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Silicon Based Thin Film Solar Cell Sales, 2018-2029
        6.8.3 Turkey Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.8.4 Israel Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.8.5 Saudi Arabia Silicon Based Thin Film Solar Cell Market Size, 2018-2029
        6.8.6 UAE Silicon Based Thin Film Solar Cell Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 First Solar
        7.1.1 First Solar Company Summary
        7.1.2 First Solar Business Overview
        7.1.3 First Solar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.1.4 First Solar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.1.5 First Solar Key News & Latest Developments
    7.2 Solar Frontier
        7.2.1 Solar Frontier Company Summary
        7.2.2 Solar Frontier Business Overview
        7.2.3 Solar Frontier Silicon Based Thin Film Solar Cell Major Product Offerings
        7.2.4 Solar Frontier Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.2.5 Solar Frontier Key News & Latest Developments
    7.3 Sharp Thin Film
        7.3.1 Sharp Thin Film Company Summary
        7.3.2 Sharp Thin Film Business Overview
        7.3.3 Sharp Thin Film Silicon Based Thin Film Solar Cell Major Product Offerings
        7.3.4 Sharp Thin Film Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.3.5 Sharp Thin Film Key News & Latest Developments
    7.4 MiaSole
        7.4.1 MiaSole Company Summary
        7.4.2 MiaSole Business Overview
        7.4.3 MiaSole Silicon Based Thin Film Solar Cell Major Product Offerings
        7.4.4 MiaSole Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.4.5 MiaSole Key News & Latest Developments
    7.5 NexPower
        7.5.1 NexPower Company Summary
        7.5.2 NexPower Business Overview
        7.5.3 NexPower Silicon Based Thin Film Solar Cell Major Product Offerings
        7.5.4 NexPower Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.5.5 NexPower Key News & Latest Developments
    7.6 PowerFilm Solar, Inc
        7.6.1 PowerFilm Solar, Inc Company Summary
        7.6.2 PowerFilm Solar, Inc Business Overview
        7.6.3 PowerFilm Solar, Inc Silicon Based Thin Film Solar Cell Major Product Offerings
        7.6.4 PowerFilm Solar, Inc Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.6.5 PowerFilm Solar, Inc Key News & Latest Developments
    7.7 Sunfilm AG
        7.7.1 Sunfilm AG Company Summary
        7.7.2 Sunfilm AG Business Overview
        7.7.3 Sunfilm AG Silicon Based Thin Film Solar Cell Major Product Offerings
        7.7.4 Sunfilm AG Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.7.5 Sunfilm AG Key News & Latest Developments
    7.8 Sontor GmbH
        7.8.1 Sontor GmbH Company Summary
        7.8.2 Sontor GmbH Business Overview
        7.8.3 Sontor GmbH Silicon Based Thin Film Solar Cell Major Product Offerings
        7.8.4 Sontor GmbH Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.8.5 Sontor GmbH Key News & Latest Developments
    7.9 Calyxo
        7.9.1 Calyxo Company Summary
        7.9.2 Calyxo Business Overview
        7.9.3 Calyxo Silicon Based Thin Film Solar Cell Major Product Offerings
        7.9.4 Calyxo Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.9.5 Calyxo Key News & Latest Developments
    7.10 Kaneka Solartech
        7.10.1 Kaneka Solartech Company Summary
        7.10.2 Kaneka Solartech Business Overview
        7.10.3 Kaneka Solartech Silicon Based Thin Film Solar Cell Major Product Offerings
        7.10.4 Kaneka Solartech Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.10.5 Kaneka Solartech Key News & Latest Developments
    7.11 Bangkok Solar
        7.11.1 Bangkok Solar Company Summary
        7.11.2 Bangkok Solar Silicon Based Thin Film Solar Cell Business Overview
        7.11.3 Bangkok Solar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.11.4 Bangkok Solar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.11.5 Bangkok Solar Key News & Latest Developments
    7.12 Wurth Solar
        7.12.1 Wurth Solar Company Summary
        7.12.2 Wurth Solar Silicon Based Thin Film Solar Cell Business Overview
        7.12.3 Wurth Solar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.12.4 Wurth Solar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.12.5 Wurth Solar Key News & Latest Developments
    7.13 Global Solar Energy
        7.13.1 Global Solar Energy Company Summary
        7.13.2 Global Solar Energy Silicon Based Thin Film Solar Cell Business Overview
        7.13.3 Global Solar Energy Silicon Based Thin Film Solar Cell Major Product Offerings
        7.13.4 Global Solar Energy Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.13.5 Global Solar Energy Key News & Latest Developments
    7.14 Hanergy
        7.14.1 Hanergy Company Summary
        7.14.2 Hanergy Business Overview
        7.14.3 Hanergy Silicon Based Thin Film Solar Cell Major Product Offerings
        7.14.4 Hanergy Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.14.5 Hanergy Key News & Latest Developments
    7.15 Flisom
        7.15.1 Flisom Company Summary
        7.15.2 Flisom Business Overview
        7.15.3 Flisom Silicon Based Thin Film Solar Cell Major Product Offerings
        7.15.4 Flisom Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.15.5 Flisom Key News & Latest Developments
    7.16 Solara
        7.16.1 Solara Company Summary
        7.16.2 Solara Business Overview
        7.16.3 Solara Silicon Based Thin Film Solar Cell Major Product Offerings
        7.16.4 Solara Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.16.5 Solara Key News & Latest Developments
    7.17 Solbian
        7.17.1 Solbian Company Summary
        7.17.2 Solbian Business Overview
        7.17.3 Solbian Silicon Based Thin Film Solar Cell Major Product Offerings
        7.17.4 Solbian Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.17.5 Solbian Key News & Latest Developments
    7.18 MetSolar
        7.18.1 MetSolar Company Summary
        7.18.2 MetSolar Business Overview
        7.18.3 MetSolar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.18.4 MetSolar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.18.5 MetSolar Key News & Latest Developments
    7.19 Enecom Power
        7.19.1 Enecom Power Company Summary
        7.19.2 Enecom Power Business Overview
        7.19.3 Enecom Power Silicon Based Thin Film Solar Cell Major Product Offerings
        7.19.4 Enecom Power Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.19.5 Enecom Power Key News & Latest Developments
    7.20 Antec Solar
        7.20.1 Antec Solar Company Summary
        7.20.2 Antec Solar Business Overview
        7.20.3 Antec Solar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.20.4 Antec Solar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.20.5 Antec Solar Key News & Latest Developments
    7.21 Lensun
        7.21.1 Lensun Company Summary
        7.21.2 Lensun Business Overview
        7.21.3 Lensun Silicon Based Thin Film Solar Cell Major Product Offerings
        7.21.4 Lensun Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.21.5 Lensun Key News & Latest Developments
    7.22 ENN Energy Holdings
        7.22.1 ENN Energy Holdings Company Summary
        7.22.2 ENN Energy Holdings Business Overview
        7.22.3 ENN Energy Holdings Silicon Based Thin Film Solar Cell Major Product Offerings
        7.22.4 ENN Energy Holdings Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.22.5 ENN Energy Holdings Key News & Latest Developments
    7.23 Topray Solar
        7.23.1 Topray Solar Company Summary
        7.23.2 Topray Solar Business Overview
        7.23.3 Topray Solar Silicon Based Thin Film Solar Cell Major Product Offerings
        7.23.4 Topray Solar Silicon Based Thin Film Solar Cell Sales and Revenue in Global (2018-2023)
        7.23.5 Topray Solar Key News & Latest Developments
8 Global Silicon Based Thin Film Solar Cell Production Capacity, Analysis
    8.1 Global Silicon Based Thin Film Solar Cell Production Capacity, 2018-2029
    8.2 Silicon Based Thin Film Solar Cell Production Capacity of Key Manufacturers in Global Market
    8.3 Global Silicon Based Thin Film Solar Cell Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Silicon Based Thin Film Solar Cell Supply Chain Analysis
    10.1 Silicon Based Thin Film Solar Cell Industry Value Chain
    10.2 Silicon Based Thin Film Solar Cell Upstream Market
    10.3 Silicon Based Thin Film Solar Cell Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Silicon Based Thin Film Solar Cell Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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