Market Research Predicts Global Thin-Film Market Volume at 15GW by 2020
(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 01/17/12 -- MarketResearch.com has announced the addition of the new report "Thin-Film PV - Global Market Size, Price Analysis, Regulations and Competitive Landscape to 2020," to their collection of Energy market reports. For more information, visit
The global solar Photovoltaics (PV) market is dominated by silicon-based technology. Thin-film technology evolved from the early 2000s, but production remained marginal until 2006. Further, the crystalline silicon PV supply experienced a polysilicon shortage and became prohibitively expensive, thereby shifting the focus of solar PV module manufacturers towards thin-film module technology. Thin-film modules, benefiting from advancing technologies, have since experienced increased market presence in the solar PV market, growing from 8% in 2006 to 17% in 2010.
The growth of the global thin-film market over the past five years has been remarkable. Production grew at a Compounded Annual Growth Rate (CAGR) of 105% from 2006 to 2010. This growth was due to various market drivers such as, a contraction in Crystalline Silicon (c-Si) modules supply due to polysilicon shortage, the development of favorable policies by federal governments and thin-film technology advancements. Many new players arrived on the scene and established crystalline module manufacturers increased their profits, mitigated risks and expanded their product portfolios. By 2010, thin-film production reached 3,627 Megawatts (MW), capturing 17% of the global solar PV market. With the technological advancements towards the development of efficient and cost effective thin-film modules, the market is expected to grow at a CAGR of 16% over the period 2010-2020, reaching 15,895 MW of market volume by 2020.
The major thin-film countries globally are Germany, the US, China, Japan and Taiwan. These countries collectively accounted for 69% of the market share of the thin-film market in 2010. Germany is the biggest thin-film market globally with a market share of 19% in 2010. The US is the second largest thin-film market with a market share of 16% in 2010. China, Japan and Taiwan are the main thin-film countries in the Asia-Pacific region. These countries accounted for 12%, 12% and 10% respectively of the global thin-film market in 2010. Other emerging countries active in thin-film market development are Malaysia, India, the Netherlands, Italy and the South Korea.
For more information, visit
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Datum: 17.01.2012 - 04:08 Uhr
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