|
|
 |
|
Viewing report
|
|
|
|
Solar Cell Manufacturing Equipment Market
Frost & Sullivan, May 2011, Pages: 110
Companies that are investing in the renewable energy sector are looking for the energy type that will lead the 'Green Revolution'. This analysis will take an in-depth view into this issue and highlight how solar energy will compete in the global market. Several companies that participate in the semiconductor and surface mount technology equipment markets have found great success in this market because of their competencies in their core markets. This study will address key trends such as drivers, restraints, challenges, technology trends and competitive analysis. This deliverable will provide key market participants with the necessary business intelligence to help them accelerate growth in a fast paced market.
This research service titled Solar Cell Manufacturing Equipment Market analyzes the drivers, restraints, challenges, technology trends, and competitive scenario in the market. This study also highlights how solar energy will compete in the global market and provides key market participants with the business intelligence necessary to help them accelerate their growth in a fast-paced market. In this research service, Frost & Sullivan's expert analysts thoroughly examine the following technologies: crystalline silicon and thin-film technology. They also study the following products: chemical vapor deposition (CVD), emitter, diffusion, screen-printing, fast-firing, and other equipment.
Demand for Alternate Energy Sources Indicates Sunny Prospects for the Solar Cell Manufacturing Equipment Market
The burgeoning world population, industrialization, and changing lifestyles have strained natural energy reserves all over the world. Dwindling resources and escalating oil prices have created a pressing need to switch to alternate energy sources that are cleaner, more easily replenished, and economical. Clean, alternate energy could also benefit the urban areas by lowering the pollution levels. “Increasing awareness about renewable energy has propelled the growth of solar technologies,” notes the analyst of this research service. “The Fukushima nuclear plant disaster has made a robust case for the adoption of solar technology.”
Governments have recognized the potential of solar power and have been encouraging its generation by offering various tax incentives and breaks. Policies, including the renewable portfolio standard (RPS), have mandated that every electricity retailer should generate a fraction of their power supply from renewable energy sources, including the sun. Such initiatives are expected to bolster the demand for solar cells, which, in turn, will lead to the installation of solar cell manufacturing equipment. There is growing confidence that electricity can be inexpensively produced from solar energy, so that it matches the prices of grid energy within the next few years. The increased foreign direct investments (FDI) in clean energy, which are pouring into countries such as China, Brazil, and India, are expected to drive market growth.
Prices of Equipment are Likely to Increase with Rising Investments in Thin-film Technology by Solar Cell Manufacturers
Europe is flourishing as the hub of solar cell manufacturing equipment. However, the market could witness a strategic shift toward emerging nations, due to their favorable government policies and inexpensive labor. The expenditure involved in the production of solar cells is high and has varied from $2.73/watt-peak (Wp) in late 2005 to $1.50/Wp in 2010, due to fluctuating silicon prices. “The solar cell industry is working tirelessly to lower the cost per area for the solar cells, while achieving greater wattage per area per solar cell, resulting in greater efficiency,” observes the analyst. “With new technological innovations, it remains to be seen whether photo-voltaic (PV) energy costs become comparable with that of existing energy sources.”
As the solar cell market grows, each tool in the manufacturing line must be reliable and produce a consistently high yield. To make the most of the rise in the demand for solar cells and the reducing price of silicon, solar cell manufacturers are likely to invest more in energy-efficient, thin-film technology. As the benefits of solar technology become apparent, the demand for solar cell manufacturing equipment is expected to increase over the next 3-7 years.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Products:
- CVD equipment
- Emitters
- Diffusion/ Diffusers
- Screen printing/ Screen printers
- Fast-firing devices
- Other equipment
By Geography:
- Europe
- Asia Pacific
- North America
- Rest-of-World
- Technologies
The following technologies are covered in this research:
- Crystalline silicone
- Thin-film
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
