Global Photovoltaics Market: Industry Size, Analysis, Technology advancement, Overview, Growth, Share and Forecasts
Latest
industry research report on: Photovoltaics Market : Industry Size,
Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
Growing
need of alternative energy sources due to rapidly depleting
non-renewable energy sources is driving the market for photovoltaics.
The global photovoltaic market is
expected to reach 55,621 megawatts value by the year 2015 with the
compounded annual growth rate of 38%. Continuous developments in this
market and growing support from government of most countries are some of
the major factors contributing to the growth of this market.
Improvements
in manufacturing techniques and efficiencies will reduce the actual
material quantity used in solar cells. Value of photovoltaic material is
projected to grow by 12.3% by the year 2015 and reach $47 million.
Japan and Germany are the largest manufacturers as well as consumers of
photovoltaic materials. Use of photovoltaic devices is growing in
developed nations of the Americas and European region; however, PVs are
less preferred in developing economies due to lack of awareness about
its efficiency and consumer awareness.
Market Segmentation
Based on Technology
- Monocrystalline Silicon Technology
- Multicrystalline Solar Cells
- Thin Film Solar Cells
- Polycrystalline Thin Film
- Cadmium Telluride Cells
- Gallium Arsenide Solar Cells
Based on Application
- Cottages and Residential Applications
- Mobile and Recreational Applications
- Agricultural Applications
This
research report analyzes this market based on its market segments and
major geographies. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of current market trends, market
growth drivers, factors limiting market growth, market structure, and
market projections for upcoming years. Report also provides analysis of
recent developments in technology, Porter’s five force model, and
complete company profiles of top industry players. It includes review of
micro and macro factors significant with respect to existing market
players and new entrants along with detailed value chain analysis.
Major Players
Some
of the key players dominating this market are 1366 Technologies Inc.,
3G Solar, BP Solar International, Bloo Solar, HelioVolt Corporation,
Konarka Technologies Inc., Nano Solar, SunFlake A/S, and others.
Reasons for Buying this Report
- It provides technological growth map over time and explains its impact on industry
- It provides distinctive graphics and exemplified SWOT analysis of major industry segments
- This research report provides forward looking perspective on major market forces driving and restraining market growth
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of industry trends
- It provides pin-point analysis of changing competition dynamics and keeps you ahead of competitors
- It provides complete analysis of major competitors and their strategies
- It provides clear understanding of key product segments and competitive environment
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