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Photovoltaics - A High Potential Market Opportunity (2005-2010)
RNCOS E-Services Private Limited, March 2007, Pages: 110
' Photovoltaics - A high potential market opportunity (2005-2010) ' provides extensive research and objective analysis of Photovoltaic technology. This report helps clients to analyze the leading-edge opportunities critical to the success of Photovoltaic industry worldwide. Detailed data and analysis will help potential investors to navigate through the evolving market of Photovoltaics (PV).
Global PV Market
Photovoltaic industry recorded an annual growth rate of 25-30% during the last decade. Investment in photovoltaics exceeded US$ 1 Billion during the year 2005. Photovoltaic market also raised US$ 1.8 Billion from capital market in the same year. Japan & Germany are the largest producers as well as consumers of PV. It also covers the PV market for US, Europe and other emerging countries.
Key Findings
- Silicon based PV system, outperforming thin film based photovoltaic systems, is accountable for almost 90% of the PV market.
- US photovoltaic has been losing it market share over the past few years. During the last decade US accounted for 44% of the global photovoltaic market. In 2005, the share of US came down to 7% primarily due to government negligence.
- Declining cost of PV provides hordes of opportunities for the deployment of this technology mainly in developing low cost economies such as India and China where population is highly cost conscious.
- The Greenpeace/EPIA scenario shows that by 2025 PV systems could be generating approximately 589 terawatt hours of electricity around the world.
Key Issues and Facts Analyzed
- Opportunities that exist in the Photovoltaic industry.
- Impact of the government support programs on the overall industry.
- What are the various application areas for PV technology?
- Potential emerging photovoltaic markets.
- Drivers for photovoltaic market.
- Analysis of the major players in the industry.
Key Players Analyzed
This section provides an overview of the key facts and commercialization phase strategies adopted by key players like Sharp, Kyocera, BP Solar, Shell Solar, Q-cells, Scohtt Solar, SolarWorld, Motech etc.
Research Methodology Used
Information Sources
Information in this report has been sourced from namely Books, Newspapers, Trade Journals, and White papers, Industry portals, Government Agencies, Trade associations, Monitoring Industry News and developments, and through access to more than 3000 paid databases.
Analysis Methods
The methods used to analyze the facts and figures in this report include: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
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