Thin - Film Photovoltaic (PV) Cells Market Projected to grow 24% Annually Through 2020
The report provides detailed volume and value forecasts to 2020 of the global thin-film PV market by technology type and geographic region.
- (1888PressRelease) July 30, 2010 - Rockville, MD - MarketResearch.com has announced the addition of GBI Research's new report "Thin - Film Photovoltaic (PV) Cells Market Analysis to 2020 - CIGS (Copper Indium Gallium Diselenide) to Emerge as the Major Technology by 2020," to their collection of Energy market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2718772
The global thin film photovoltaic (PV) market, despite of caution in the overall PV industry, is expected to experience an overwhelming growth in coming years. Thin film production market share in the global solar PV market grew from a mere 2.8% in 2001 to 25% in 2009, thus dictating a growing share in the future. Thin film solar PV, as per GBI Research's estimation, is set to increase its share to ~38% by 2020. Expectations are that, in the long-term, thin film solar PV technology would surpass the dominating conventional solar PV technology, thus enabling the long sought-after grid parity objective.
This study addresses thin-film module production, production capacity, and competition among the industry players (as per technologies) along with the focus on development of emerging technologies in the thin film arena. The report entails comprehensive analysis of top 5 countries.
The major thin film producing countries - Japan, China, and the US - are announcing aggressive support for renewable energy expansion through incentives and regulations. In retrospect, the thin film module production is projected to grow at the rate of 24% between 2009 and 2020, to reach 22,214 MW production by 2020.
With over 160 companies producing thin-film solar cells and modules worldwide, the market includes a number of big players with many years of experience and expanding production capacities. CIGS technology is gaining more popularity than other thin-film technologies due to its higher efficiency and reduced manufacturing costs. The success of CIGS cells depends on the efficiency, and a faster and cheaper manufacturing process. The future of CIGS technology is encouraging as a lot of venture capitalist firms are investing in it.
Topics covered include:
• A thorough analysis of global thin film photovoltaic (PV) market.
• An overview of the top 5 countries - Germany, Japan, the United States, China, and Republic of Korea.
• Cumulative and annual installed capacity from 2001 to 2009, with forecasts to 2020 for the Global Solar PV and Global Thin Film PV industry.
• Market share and comparative analysis of different thin film technologies along with forecast. Technologies covered include Amorphous Silicon (a-Si), Cadmium Telluride (CdTe), Copper Indium Gallium Diselenide (CIGS), amongst others.
• Analysis of traditional solar PV technology and thin film PV technology.
• A comparative analysis of the top 10 industry players including Solar, Inc., United Solar Ovonic, LLC, Sharp Corporation, Kaneka Corporation, Trony Solar Corporation, Mitsubishi Heavy Industries, Ltd.
• Market drivers, restraints, trends, emerging market, and Investment status.
For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2718772
Contact:
Veronica Franco
MarketResearch.com
vfranco ( @ ) marketresearch dot com
240.747.3016
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam