Summary

The high volatility of oil prices, coupled with increasing concerns over the CO2 emissions worldwide, has led to the evolution of renewable energy concept over the past few years. Use of solar photovoltaic (PV) among others, has emerged as the most appropriate solutions and has continuously been gaining considerable attention among industry players all across the globe. With the growing demand for clean energy sources, the manufacturing and deployment of solar PV cells and photovoltaic arrays have expanded dramatically in the recent years.

According to our latest research report, "Global Photovoltaic Market Forecast to 2013", the global PV industry has been propelled by the consistent efforts and investment from European countries, followed by Japan and the US. As a result, the cumulative PV installed capacity in Europe surpassed 9 GW in 2008, with Germany and Spain collectively accounting for more than 90% of the total capacity as of the end of 2008.

The increasing demand for PV system installations has also led to the rapid development of solar cell manufacturing worldwide. In this regard, countries in the Asia-Pacific region, such as China and Taiwan, have gained significant traction in recent years. China, for instance, produced over 2 GW of solar cells during 2008, and is forecasted to see a CAGR of more than 50% in the next few years. We have also found that traditionally, high cost of deploying PV cells had been the major roadblock for the development of the global PV industry. But with the constantly declining cost of PV production, the industry is set to pave the way for the deployment of this technology, mainly in the developing economies.

This report focuses on the growing marketplace for PV industry at global as well as at the country level and analyzes the current market trends along with future growth prospects of the industry. It contains detailed data on cumulative PV capacity, annual installed PV capacity, and the future market potential of the key countries. It will help clients to discover the forces backing the growth of the PV industry alongwith the detailed information on the future opportunities. The report also features the leading-edge opportunities critical to the success of the PV industry. From the future perspective, PV market EPIA scenario has been taken into consideration under set of certain assumptions.

Table of Contents

1. Analyst View
2. PV Industry-Basics
     2.1 Cells and Modules
     2.2 Types of System
3. Global PV Industry Performance and Future Outlook
     3.1 Demand-Market and Applications
     3.2 Supply-Market and Manufacturers
     3.3 Regional Segmentation
     3.4 PV Power Plants
     3.5 Future Scenario-2013
4. PV Industry-By Country
     4.1 Asia-Pacific
            4.1.1 Japan
            4.1.2 South Korea
            4.1.3 Australia
            4.1.4 China
            4.1.5 India
            4.1.6 Thailand
            4.1.7 Malaysia
            4.1.8 Bangladesh
            4.1.9 Sri Lanka
     4.2 Americas
            4.2.1 US
            4.2.2 Canada
            4.2.3 Mexico
     4.3 Europe
            4.3.1 Germany
            4.3.2 Netherlands
            4.3.3 Spain
            4.3.4 Italy
            4.3.5 France
            4.3.6 UK
            4.3.7 Austria
            4.3.8 Denmark
            4.3.9 Sweden
            4.3.10 Switzerland
            4.3.11 Turkey
5. Key Industry Trends
     5.1 Declining Cost
     5.2 Reduction in CO2 Emission
     5.3 Rapid Implementation of Feed-in Tariffs
     5.4 International R&D Activities
     5.5 Rural Electrification
     5.6 Thin Film Market
6. Roadblocks
     6.1 Silicon Supply
     6.2 Lack of Information

List of Figures:

Figure 2-1: PV System-Life Cycle
Figure 3-1: Global-Annual PV Installed Capacity (GW), 2006-2008
Figure 3-2: Global-Cumulative PV Installed Capacity (GW), 2006-2008
Figure 3-3: Global-Annual PV Installation by Application (%), 2007, 2010, 2020 & 2030
Figure 3-4: Global-Solar Cell Production Capacity (GW), 2007 & 2008
Figure 3-5: Global-Solar Cell Market by Technology (%), 2007 & 2008
Figure 3-6: Global-Solar Cell Production Capacity by Region (%), 2008
Figure 3-7: Global-Forecast for PV Production Capacity by Technology (MW), 2009-2013
Figure 3-8: Global-Annual PV Installed Capacity by Region (%), 2008
Figure 3-9: Global-Cumulative PV Installed Capacity by Region (%), 2008
Figure 3-10: Global-Large PV Plants Installation by Country (%), 2008
Figure 3-11: EU-Large PV Plants Power Output Capacity by Country (%), 2008
Figure 3-12: Global-Forecast for Annual PV Installed Capacity (GW), 2009-2013
Figure 3-13: Global-Forecast for Annual PV Installed Capacity by Region (%), 2013
Figure 4-1: Japan-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-2: Japan-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-3: Japan-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-4: Japan-Solar Cell Shipment (MW), 2007 & 2008
Figure 4-5: Japan-Breakup of Solar Cell Shipment (MW), 2007 & 2008
Figure 4-6: Japan-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-7: South Korea-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-8: South Korea-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-9: South Korea-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-10: South Korea-Breakup of PV R&D Projects (%), 1989 to 2006
Figure 4-11: South Korea-Breakup of Spending on Solar Cell R&D (Billion Won), 1989 to 2006
Figure 4-12: South Korea-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-13: Australia-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-14: Australia-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-15: Australia-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-16: China-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-17: China-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-18: China-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-19: China-Solar PV Cell Production (MW), 2007, 2008 & 2011
Figure 4-20: India-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-21: India-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-22: India-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-23: Malaysia-Cumulative PV Installed Capacity (MW), 2007 & 2008
Figure 4-24: Malaysia-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-25: US-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-26: US-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-27: US-PV Cell Manufacturing (MW-dc), 2007 & 2008
Figure 4-28: US-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-29: Canada-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-30: Canada-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-31: Canada-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-32: Mexico-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-33: Mexico-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-34: Germany-Cumulative PV Installed Capacity (GW), 2006-2008
Figure 4-35: Germany-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-36: Germany-PV Investment (Billion €), 2007 & 2010
Figure 4-37: Germany-PV R&D Investment (Million €), 2007 & 2010
Figure 4-38: Germany-BMU Funding of R&D (%), 2008
Figure 4-39: Germany-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-40: Netherlands-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-41: Netherlands-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-42: Spain-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-43: Spain-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-44: Spain-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-45: Italy-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-46: Italy-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-47: Italy-Forecast for Annual PV Installed Capacity (MW), 2009-2013
Figure 4-48: France-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-49: France-Annual PV Installed Capacity (MW), 2006-2008
Figure 4-50: France-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-51: UK-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-52: UK-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-53: Austria-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-54: Austria-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-55: Denmark-Cumulative PV Installed Capacity (MW), 2004-2008
Figure 4-56: Denmark-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-57: Denmark-PV Industry Revenue (Million €), 2007 & 2008
Figure 4-58: Sweden-Cumulative PV Installed Capacity (MW), 2006-2008
Figure 4-59: Sweden-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 4-60: Switzerland-Cumulative PV Installed Capacity (MW), 2007 & 2008
Figure 4-61: Switzerland-Cumulative Grid-connected PV Installed Capacity (MW), 2007 & 2008
Figure 4-62: Switzerland-Breakup of Cumulative PV Installed Capacity (%), 2007
Figure 5-1: Global-Forecast for Share of Thin Film in PV Production Capacity (%), 2009-2013

List of Tables:

Table 4-1: Australia-Forecast for Solar Market (2010, 2015, 2020 & 2025)
Table 4-2: Thailand-Forecast for Solar Market (2010, 2015, 2020 & 2025)
Table 4-3: Malaysia-Key FDIs in PV Sector (2008)
Table 4-4: Bangladesh-Installation of SHS by Participating Organization
Table 4-5: Bangladesh-Installation of SHS by Division
Table 4-6: US-Grid-tied PV Installed Capacity by State (MW-dc), 2008
Table 5-1: Global-PV Generation Costs for Roof-top Systems at Different Locations (€/KWh), 2007, 2010, 2020 & 2030
Table 5-2: Global-Forecast for CO2   Savings under the Solar Generation Scenarios (Mt), 2009-2013