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Germany to Drive Future Global PV Capacity Installations
Apr 21, 2010
According to our latest research report titled “Global Photovoltaic Market Forecast to 2013”, the photovoltaic industry is thriving despite tough post-recessionary trends prevailing in almost all prominent markets. The global annual PV installed capacity registered an impressive 14.3% year-on-year growth in 2009. European countries, especially Germany contributed the most to the overall industry growth and sustained its top position in the global PV industry. Our research has further found that Germany will continue to show tremendous PV capacity additions in coming years also, and its annual installed capacity will touch 4 GW by 2013.
The report identifies that currently the PV industry worldwide is highly dependent on government initiatives, showing that the PV industry still has to achieve self-sufficiency. Only few markets such as Japan, Germany, where PV subsidies are declining, are self-sufficient. Impacts of government initiatives can be clearly seen in the US market which is behind Germany and Japan due to lack of government initiatives.
“Global Photovoltaic Market Forecast to 2013” provides extensive research and objective analysis on the growing photovoltaic industry at global as well as country levels. The report includes information on photovoltaic industry components and supporting feed in tariff structures on country level. The report also discusses the market structure, current and past market performance and factors critical to the success of the photovoltaic industry around the world.
Moreover, we have identified and analyzed all the emerging trends along with the key drivers propelling the industry growth and major challenges the industry is confronting. In addition to this, we have also explored the possible growth areas in terms of technological developments, geographical expansion, etc. With the co-ordination of all the factors, we have presented a coherent analysis of the performance of the global photovoltaic industry with deep focus on prominent countries.
Most importantly, the report also presents the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a comprehensive and coherent analysis of the global PV industry and will prove decisive for clients.
For more information visit: http://www.rncos.com/Report/IM203.htm
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