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Europe to Dominate Global Photovoltaic Market
1. Europe to Dominate Global Photovoltaic Market
Europe is anticipated to acquire a major share in the global PV industry by the end of 2013,
says a new report from RNCOS.
Solar electricity market has been witnessing fast pace growth for the last few years. The
installations of PV modules and cells worldwide have been surging at an average annual rate
of over 35% since 1998. Major manufacturers are now intensely competing and new players
are making their way to the market. The global PV industry, particularly in Japan and Europe,
are pouring huge investments in new production facilities and technologies. However, Europe
leads the way with more than 70% of the global cumulative PV installed capacity, says our
new research report “Global Photovoltaic Market Forecast to 2013”.
Our report has identified that, Germany dominates the market in Europe. However, besides
Germany, Italy has emerged as a fast growing destination for PV installation during 2009. With
rising concerns towards global warming, the governments of several countries have identified
photovoltaic as an efficient alternative, which uses renewable energy. As a result, public
sector has heavily invested in the PV market. Although Europe will dominate the global PV
market by the end of 2013, on account of other emerging markets such as, South Korea,
India, Mexico etc, the share of Europe will decrease in 2013.
Our team of experts has done an extensive research on the global PV industry and has done
profiling of several countries in the report. These countries have been grouped according to
the regions i.e. Asia-Pacific, Europe, and Americas. Most importantly, the report provides
industry forecast of various countries based on correlation of past data, current market
trends, and opportunities for future expansion.
Our report “Global Photovoltaic Market Forecast to 2013” provides thorough analysis of the
global PV market along with the detail study of the investment opportunities in various
regions of the world. The report has thoroughly examined current market trends and
industrial developments to enable clients understand the market structure and its progress in
coming years. Due consideration has been given to the possible after effects of recession on
the industry. It will help clients to have a proper insight of the current and future outlook of
the global PV market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM203.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business
segments. Our professionals study and analyze the industry and its various components, with
comprehensive study of the changing market behavior. Our accuracy and data precision
proves beneficial in terms of pricing and time management that assist the consultants in
meeting their objectives in a cost-effective and timely manner.
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Chief Executive
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Keywords:
Global Photovoltaic Market, Global Photovoltaic Industry, PV Solar Panels Demand, Global
Solar Cell Production, Germany PV Market, Spain PV Market, UK PV Market, India PV Market,
US PV Manufacturers, US PV Market, Italy PV Market, Canada PV Market, China PV Installed
Capacity, Thin Film Market, Malaysia PV Market, PV Generation Costs, South Korea PV Market,
Global Photovoltaic Market Forecast