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Photovoltaic Industry Growing Strong in Asia Pacific Region

Apr 30, 2010

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According to our latest research report "Global Photovoltaic Market Forecast to 2013", the photovoltaic industry is developing fast globally. The development pace was found impressive in most of the Asia-Pacific growing economies, with Japan leading from the front. Our research has also revealed that on the basis of concrete fundamentals of prevailing trends, Japan will continue to orchestrate tremendous PV capacity additions in the years to come, and the annual installed capacity will reach above 1.1 GW by 2013.

The report inferred that, in Japan, PV technology is well-established and widely integrated in the building environment. While the development of the Japanese PV market has been dominated by residential systems, there have been many announcements to build multi-MW PV plants, which is very promising for the future. In fact, government officials anticipated that by 2030, the number of solar-powered households in Japan would increase to 14 Million from FY 2007's figure of around 400,000. This will transform dynamic PV industry developments initiatives in the country inviting additional market players to tap the lucrative growth opportunities.

The report is an outcome of extensive research and thorough analysis of the burgeoning photovoltaic industry at global as well as country levels. Country level objective analysis of photovoltaic industry components and supporting feed in tariff structures along with government regulations has been facilitated to provide a balanced research outlook of the concerned industry. 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.

Further, the research includes analysis of all prominent industry trends with important drivers and key challenges the industry is facing. In addition, we have also identified what could be 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, "Global Photovoltaic Market Forecast to 2013" has also given the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and prudent 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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