Summary
The dependence on fossil fuels and the associated volatility of their international prices, coupled with increasing concerns over the greenhouse gas emissions worldwide, has led to the evolution of the concept of renewable energy over the past few years. The industry has qualified as the most feasible solutions and has been increasingly gaining considerable attention among industry players all around the world. With growing demand for clean energy sources, the manufacturing and deployment of solar PV cells and photovoltaic arrays have expanded dramatically in the recent years, resulting in augmented market competition and abolishment of monopoly.
According to our latest research report "Global Photovoltaic Market Forecast to 2013", the growth in global PV industry has been triggered by favorable government policies and billions of dollars worth of investment made in European countries, followed by Japan and the US. As a result, Europe captured close to 80% of total annual installed PV capacity in 2009, with Germany and Spain leading from the front.
The solar cell manufacturing is gaining significant momentum on the back of surging demand of PV systems installations around the world. Apart from the developments in the developed countries, some fast growing Asian economies have also shown notable improvements in overall PV industry progress. For example, China produced around 2 GW of solar cells during 2008 and a further growth, at a CAGR of above 50%, is expected to be seen in the next few years.
In our research, we have inferred that traditionally high deployment cost of PV cells had been the major hurdle for the development of global PV industry. However, with rapid technological developments in the PV industry and government initiatives, the PV production cost has considerably declined. Now, the developing countries are also taking active participation in the deployment of this technology and are considering it to reduce their dependency on fossil fuels.
The 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 installed PV capacity, annual installed PV capacity and the future market potential of the key countries, thereby helping clients to identify the factors critical to their successful market penetration and gain early entry advantages.
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 Malaysia
4.1.7 Bangladesh
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
5. PV Cost Analysis
6. Key Industry Trends
6.1 Reduction in CO2 Emission
6.2 Rapid Implementation of Feed-in Tariffs
6.3 International R&D Activities
6.4 Rural Electrification
6.5 Thin Film Market
7. Roadblocks
7.1 Silicon Supply
7.2 Lack of Information
List of Figures:
Figure 2-1: PV System-Life Cycle
Figure 3-1: Global-Annual PV Installed Capacity (GW), 2006-2009
Figure 3-2: Global-Cumulative PV Installed Capacity (GW), 2006-2009
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-PV Production Capacity by Technology (MW), 2009-2013
Figure 3-8: Global-Annual PV Installed Capacity by Region (%), 2009
Figure 3-9: Global-Cumulative PV Installed Capacity by Region (%), 2009
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), 2010-2013
Figure 3-13: Global-Forecast for Annual PV Installed Capacity by Region (%), 2013
Figure 4-1: Japan-Cumulative PV Installed Capacity (GW), 2006-2009
Figure 4-2: Japan-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-3: Japan-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-4: Japan-Solar Cell Shipment (MW), 2007-2009
Figure 4-5: Japan-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-6: South Korea-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-7: South Korea-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-8: South Korea-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-9: South Korea-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-10: Australia-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-11: Australia-Annual PV Installed Capacity (MW), 2007-2009
Figure 4-12: Australia-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-13: China-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-14: China-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-15: China-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-16: China-Solar PV Cell Production (MW), 2007, 2008 & 2011
Figure 4-17: India-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-18: India-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-19: Malaysia-Cumulative PV Installed Capacity (MW), 2007-2009
Figure 4-20: Malaysia-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-21: US-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-22: US-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-23: US-PV Cell Manufacturing (MW-dc), 2007 & 2008
Figure 4-24: US-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-25: Canada-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-26: Canada-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-27: Canada-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-28: Mexico-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-29: Mexico-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-30: Germany-Cumulative PV Installed Capacity (GW), 2006-2009
Figure 4-31: Germany-Annual PV Installed Capacity (GW), 2006-2009
Figure 4-32: Germany-PV Investment (Billion €), 2007 & 2010
Figure 4-33: Germany-PV R&D Investment (Million €), 2007 & 2010
Figure 4-34: Germany-BMU Funding for R&D Projects on PV (%), 2008
Figure 4-35: Germany-Forecast for Annual PV Installed Capacity (GW), 2010-2013
Figure 4-36: Netherlands-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-37: Netherlands-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-38: Spain-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-39: Spain-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-40: Spain-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-41: Italy-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-42: Italy-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-43: Italy-Forecast for Annual PV Installed Capacity (MW), 2010-2013
Figure 4-44: France-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-45: France-Annual PV Installed Capacity (MW), 2006-2009
Figure 4-46: France-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-47: UK-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-48: UK-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-49: Austria-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-50: Austria-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-51: Denmark-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-52: Denmark-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-53: Denmark-PV Industry Revenue (Million €), 2007 & 2008
Figure 4-54: Sweden-Cumulative PV Installed Capacity (MW), 2006-2009
Figure 4-55: Sweden-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 4-56: Switzerland-Cumulative PV Installed Capacity (MW), 2007-2009
Figure 4-57: Switzerland-Cumulative Grid-connected PV Installed Capacity (MW), 2007 & 2008
Figure 4-58: Switzerland-Breakup of Cumulative PV Installed Capacity (%), 2008
Figure 6-1: Global-Forecast for Share of Thin Film in PV Production Capacity (%), 2010-2013
List of Tables:
Table 4-1: Australia-Forecast for Solar Market (2010, 2015, 2020 & 2025)
Table 4-2: India-National Solar Mission at a Glance to 2022
Table 4-3: Bangladesh-Installation of SHS by Participating Organization
Table 4-4: Bangladesh-Installation of SHS by Major Division
Table 4-5: 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 6-1: Global-Forecast for CO2 Savings under the Solar Generation Scenarios (Mt), 2010-2013
