Photovoltaic Industry Analysis and Forecast

Abstract

The leading research firm RNCOS has come up with its latest report "Photovoltaic Industry Analysis and Forecast" that evaluates the global photovoltaic (PV) industry. It focuses on the growing marketplace for PV industry at global as well country level and analyzes the current market trends, evolving market, and growth prospects of the PV industry.

Europe dominates the global PV market, and Germany is the largest European PV market, accounting for more than 90% PV market installed capacity within the continent in 2006.

The report contains detailed data on cumulative PV capacity, annual installed PV capacity, and fund allocated to PV etc. It will help the clients to understand the driving forces of PV industry along with the detailed future opportunities and analyze the leading-edge opportunities critical to the success of the PV industry.

For the purpose of future perspective, PV market greenpeace/EPIA scenario has been taken into consideration under set of certain assumptions.

Key Findings

• The dominance of silicon-based wafer is fading away and it is expected that in long term, silicon supply situation will ease up.
• Declining cost of PV provides opportunities for the deployment of this technology mainly in developing low cost economies such as India and China.
• Despite the high cost of PV modules, there has been considerable investment primarily in the developed countries on R&D in the PV sector. Due to this, total cumulative installed PV capacity reached 6634 MWp in the end of 2006.
• Global PV industry still has to achieve self-sufficiency. It is in its very nascent stage, which is highly driven by government initiatives. Japanese PV industry seems to achieve self-sufficiency where government initiatives are declining in PV.
• From future perspective, it is expected that countries such as China and India will dominate the global PV industry.

Key Issues & Facts Analyzed

• Opportunities in the photovoltaic industry.
• Impact of the government support programs on the overall industry.
• Application areas for PV technology.
• Potential emerging photovoltaic markets.
• Drivers for photovoltaic market.

Key Players Analyzed

This section provides an overview of the business and financials of key players like Sharp, Kyocera, Motech etc.

Research Methodology Used

Information Sources

Information in this report has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods

The methods used to analyze the facts and figures in this report include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.

Table of Contents

1. Analyst View

2. PV Industry - Basics

• 2.1 Cells & Modules
• 2.2 Types of Systems

3. Global PV Industry - Statistics

• 3.1 Demand - Market & Applications
• 3.2 Supply - Market & Manufacturers
• 3.3 Regional Segmentation
• 3.4 Top Five Markets
• 3.5 PV Power Plants

4. PV Industry - By Country

• 4.1 Asia-Pacific
  • 4.1.1 Japan
  • 4.1.2 Korea
  • 4.1.3 Australia
  • 4.1.4 China
  • 4.1.5 India
  • 4.1.6 Thailand
  • 4.1.7 Malaysia
  • 4.1.8 Bangladesh
  • 4.1.9 Nepal
  • 4.1.10 Sri Lanka
  • 4.1.11 Israel
• 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 Norway
  • 4.3.11 Switzerland

5. Industry Analysis

• 5.1 Growth Drivers
  • 5.1.1 Cost Differential
  • 5.1.2 Environmental Impact
  • 5.1.3 Emission Regulation & Government Incentives for Solar Energy
  • 5.1.4 International R&D Activities
• 5.2 Opportunities
  • 5.2.1 Rural Electrification
  • 5.2.2 PV Costs
  • 5.2.3 Supply Security
  • 5.2.4 Global Energy Demand
  • 5.2.5 New Market Opportunities
• 5.3 Challenges
  • 5.3.1 Silicon Supply
  • 5.3.2 Lack of Information

6. Future Scenario - 2030

7. Key Players

• 7.1 Sharp
• 7.2 Kyocera
• 7.3 Suntech
• 7.4 Mitsubishi Electric
• 7.5 Motech

List of Figures:

• Figure 2-1: PV System - Life Cycle
• Figure 2-2: Global - PV Cell Production by Material (%), 2006
• Figure 3-1: Global - Annual PV Installed Capacity (in MWp), 1995-2006
• Figure 3-2: Global - Cumulative PV Installed Capacity (in MWp), 1995-2006
• Figure 3-3: Global - Annual PV Installed Capacity (in GWp), 2006 & 2007E
• Figure 3-4: Global - Solar Cell Production by Region (%), 2006
• Figure 3-5: Global - Share of Top 10 Companies in Solar Cell Production (%), 2006
• Figure 3-6: Global - Annual Production of PV Cells (in MWp), 2001 & 2006E
• Figure 3-7: Global - Annual PV Installed Capacity by Region (%), 2006
• Figure 3-8: Global - Cumulative PV Installed Capacity by Region (%), 2006
• Figure 3-9: Global - Forecast for Cumulative PV Installed Capacity by Region (%), 2020 & 2030
• Figure 3-10: Global - Annual PV Installed Capacity by Country (%), 2006
• Figure 3-11: Global - Cumulative PV Installed Capacity by Country (%), 2006
• Figure 3-12: Global - Large PV Plant Installation by Country (%), 2007
• Figure 4-1: Japan - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-2: Japan - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-3: Japan - PV Budget by Activity (in Million US$), 2006
• Figure 4-4: Korea - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-5: Korea - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-6: Korea - PV Budget by Activity (in Million US$), 2006
• Figure 4-7: Korea - Breakup of PV R&D Projects (%), 1989 to 2006
• Figure 4-8: Korea - Spending on Solar Cell R&D by Type (in Billion Won), 1989 to 2006
• Figure 4-9: Australia - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-10: Australia - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-11: Australia - PV Budget by Activity (in Million US$), 2006
• Figure 4-12: China - Solar Cell Production (in MWp), 2003-2005
• Figure 4-13: Israel - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-14: Israel - PV Budget by Activity (in Million US$), 2006
• Figure 4-15: US - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-16: US - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-17: US - PV Budget by Activity (in Million US$), 2006
• Figure 4-18: Canada - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-19: Canada - PV Budget by Activity (in Million US$), 2006
• Figure 4-20: Mexico - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-21: Mexico - PV Budget by Activity (in Million US$), 2006
• Figure 4-22: Germany - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-23: Germany - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-24: Germany - PV R&D Funding by Technology (%), 2006
• Figure 4-25: Netherlands - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-26: Netherlands - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-27: Netherlands - PV Budget by Activity (in Million US$), 2006
• Figure 4-28: Spain - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-29: Spain - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-30: Italy - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-31: Italy - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-32: Italy - PV Budget by Activity (in Million US$), 2006
• Figure 4-33: France - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-34: France - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-35: France - PV Budget by Activity (in Million US$), 2006
• Figure 4-36: UK - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-37: UK - PV Budget by Activity (in Million US$), 2006
• Figure 4-38: Austria - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-39: Austria - Annual PV Installed Capacity (in MW), 2000-2006
• Figure 4-40: Austria - PV Budget by Activity (in Million US$), 2006
• Figure 4-41: Denmark - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-42: Denmark - PV Budget by Activity (in Million US$), 2006
• Figure 4-43: Sweden - Cumulative PV Installed Capacity (in MW), 2001-2006
• Figure 4-44: Sweden - PV Budget by Activity (in Million US$), 2006
• Figure 4-45: Norway - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-46: Norway - PV Budget by Activity (in Million US$), 2006
• Figure 4-47: Switzerland - Cumulative PV Installed Capacity (in MW), 2000-2006
• Figure 4-48: Switzerland - PV Budget by Activity (in Million US$), 2006
• Figure 5-1: Global - Forecast for Reduction in CO2 Emission (in Million Tons), 2010, 2015, 2020 & 2025
• Figure 5-2: Global - PV Competitiveness (in Euro/KWh), 1990, 2000, 2010F, 2020F, 2030F & 2040F
• Figure 6-1: Global - Cumulative PV Capacity by Scenario (in GWp), 2006 to 2030F

List of Tables:

• Table 3-1: Annual PV Installed Capacity of Top 5 Countries (in MWp), 2006
• Table 3-2: Cumulative PV Installed Capacity of Top 5 Countries (in MWp), 2006
• Table 3-3: Global - Large PV Plant Installations by Region (%), 2007
• Table 3-4: Global - Large PV Plant Installations by Country* (in MWp), 2007
• Table 4-1: Japan - PV Cell & Module Production (in MW), 2006
• Table 4-2: Australia - Forecast for Solar Market (2010, 2015, 2020 & 2025)
• Table 4-3: China - Demand & Supply of mc-Si Production (in Tons), 2004 & 2005
• Table 4-4: China - Solar Cell Production (2005) & Capacity (2006)
• Table 4-5: China - Accumulative PV Installation by Application (in MWp), 2005
• Table 4-6: India - Forecast for Solar Market (2010, 2015, 2020 & 2025)
• Table 4-7: Thailand - Forecast for Solar Market (2010, 2015, 2020 & 2025)
• Table 5-1: Global - Price of PV Electricity in Selected Cities (in Euro/KWh), 2006, 2010F, 2020F & 2030F
• Table 6-1: Global - PV Growth under Advanced Scenario (%), 2007-2011, 2011-2020 & 2021-2030
• Table 6-2: Global - PV Growth under Moderate Scenario (%), 2007-2011, 2011-2020 & 2021-2030
• Table 6-3: Global - PV Growth under IEA Reference Scenario (%), 2007-2011, 2011-2020 & 2021-2030
• Table 7-1: Sharp - Financial Overview (in Million Yen), 2006 & 2007
• Table 7-2: Kyocera - Financial Overview (in Million Yen), 2006 & 2007
• Table 7-3: Suntech - Financial Overview (in Million US$), 2005, 2006 & Sep 2007
• Table 7-4: Mitsubishi Electric - Financial Overview (in Million Yen), 2006 & 2007
• Table 7-5: Motech - Financial Overview (in Million NT$), Q2 2007 & Q3 2007