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Global Photovoltaic Market Forecast to 2013
The high volatility of oil prices, coupled with growing concerns about CO2 emissions throughout the world has led to the evolution of the concept of renewable energy in recent years. Using solar photovoltaics (PV), among others, has emerged as the solutions more appropriate, and continually has gained considerable attention among industry players worldwide. With the growing demand for clean energy sources, the manufacture and deployment of photovoltaic cells and photovoltaic arrays has expanded dramatically in recent years. ( http://www.bharatbook.com/Market-Research-Reports/Global-Photovoltaic-Market-Forecast.html )
According to the latest research report, "Global Photovoltaic Market Forecast for 2013", the global PV industry has been driven by constant efforts and investments from European countries, followed by Japan and the U.S.. As a result, the cumulative installed PV capacity in Europe was 9 GW in 2008, with Germany and Spain together representing over 90% of total capacity in late 2008.
The increasing demand for system installations PV has also led to the rapid development of manufacturing solar cells worldwide. In this sense, countries in the Asia-Pacific as China and Taiwan, have gained significant strength in recent years. China, for example, produces more than 2 GW of solar cells in 2008, and expected to see a CAGR of over 50% in the coming years. We also found that, traditionally, the high cost of deploying solar cells had been the main obstacle to the development of the global PV industry. But with the constantly declining cost of photovoltaic energy production, industry provides to pave the way for the deployment of this technology mainly in developing economies.
This report focuses on the growing marketplace for PV industry globally and at country level and analyzes the current market trends along with future growth prospects of the industry. Containing detailed data on cumulative PV capacity, annual capacity of installed PV, and the market potential of key countries. It help customers discover the forces to support growth of the photovoltaic industry alongwith the details of future opportunities. The report also presents major opportunities edge critical to the success of the PV industry. From the perspective of future PV market EPIA scenario has been taken into consideration under set of certain assumptions.
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