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New Energy Systems Market (PV Power Systems) 2005
Yano Research Institute Ltd., Jan 2006
Most Comprehensive Report in English on the Fast Growing PV Solar Power Systems Market in Japan!!
Photovoltaic Cells and Modules:
- Photovoltaic power generation system market in Japan is estimated to be 640,136kW in fiscal 2004, and is expected to grow by 30% to 40% each year, reaching to 2,350,050kW in fiscal 2008.
- The production of photovoltaic cells and modules by Japanese manufacturers is estimated to accounts for over the half of the total world production of 1.177MW in 2004.
- The survey indicates that the Japanese manufacturers will continue to lead the world market in the future by increasing their production
Residential PV Power Systems and Solar Powered Street Lights:
- Market size of residential photovoltaic power generation system in fiscal 2004 is estimated to be 58,600 installations (11,364 installations on new houses and 47,236 on existing houses), or 359.5 billion yen in value (247.1 billion yen on new houses and 112.4 billion yen on existing houses). Installations on existing houses accounts for 80.6% of the total number of installations.
- Based on the size of residential housing market in Japan, PV power systems market is expected to keep growing focused on the installations on existing houses, reaching to 24,600 installations on new houses and 123,000 on existing houses in fiscal 2008. The market size in value is estimated to be 698.9 billion yen comprised of 457.5 billion yen on new houses and 241.3 billion yen on existing houses.
- Market size of solar powered street lights in fiscal 2004 is estimated to be 1,786 units in quantity and 1.4 billion yen in value, which is expected to grow to 4,076 units in quantity and 2.5 billion yen in value in fiscal 2008
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