Noida, UP -- (SBWire) -- 07/23/2010 -- According to our latest research report “Global Photovoltaic Market Forecast to 2013”, the global PV industry has been witnessing robust growth for the past few years on the back of favorable government policies and rising public investment. Depleting conventional sources, highly volatile oil prices and environmental concern are some of the major factors which highlighted the need for renewable sources like Photovoltaic. Countries around the world are adopting various measures to increase PV installed capacity so that the dependence on conventional energy sources can be minimized. In 2009, the annual global PV installed capacity registered growth of 14.3% year-on-year.
The political framework of a particular country largely affects the PV industry development and structure. Support schemes by authorities and their revision or removal define the overall industry growth. The report analyzes governments’ perspective while forecasting the future growth and our industry experts have studied major factors like R&D spending, laws and regulations that support the industry.
“Global Photovoltaic Market Forecast to 2013” provides a detailed analysis of the global PV industry, taking into account various factors like cost analysis and challenges. The report includes photovoltaic industry performance in the past. The report also discusses global PV power plants, their production capacity and output levels.
Moreover, we have analyzed the key industry trends which are expected to boost industry performance in the future. The report contains information about the country wise PV industry, with focus on factors like installed capacity, break-up of installed capacity, shipment levels, etc. In addition, the report includes information on supporting feed-in tariff structures at the country level along with global research & developments.
The report also provides industry forecast on a country basis, taking into account growth drivers and various factors for expansion. Overall, the report broadly identifies and analyzes the global PV market, industry challenges and future growth opportunities. It effectively covers all the areas related to the PV industry and clients will find it an impressive route to take investment decision.
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Global PV Industry Set for Major Expansion
Rising government investment, favorable energy policies and better future prospects are driving the global PV industry.