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Asia Pacific Solar Photovoltaics Market: Investment Analysis
Frost & Sullivan, Nov 2010, Pages: 73
Frost & Sullivan's Financial Benchmarking and Analysis (FBA) service presents an analysis of the investment opportunities in the Asia Pacific solar photovoltaics market, highlighting major regional market trends, the market segments and the pockets of investment in each of the segments. The FBA focuses on analyzing the country-wise differences and in identifying the most lucrative investment avenue. Factors that are driving and restraining the market have been discussed along with the major industry challenges. This research service presents the market from an investor's angle and enables them to assess the market attractiveness both in the short and medium term.
Geographic Dominance
The U.S. space shuttles were powered by solar cells in early 1950s.Despite the early usage in the United States, the market for solar photovoltaic grew mainly in Europe and applications were diversified there. Germany has been one of the pioneers of the solar photovoltaic market and currently has the maximum installations of these applications. Outside Europe, the solar photovoltaic market has experienced significant growth in Japan and the United States, particularly in the early part of the 21st century.
Evolution of Solar Energy
Solar energy has been considered over several decades as a replacement for the power generated from conventional sources. However, there were many hurdles withrespect to technology,reliability,and cost of production in the way of commercialization.
Post 2005, technological breakthroughs have led to the growth in the solar photovoltaic market around the world.
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