Abstract
RNCOS' report " 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.