Photovoltaics Market - Global Industry Analysis, Market Size, Market Share and Forecasts, 2012 - 2018
Growing need of alternative energy sources due to rapidly depleting non-renewable energy sources is driving the market for photovoltaics. The global photovoltaic market is expected to reach 55,621 megawatts value by the year 2015 with the compounded annual growth rate of 38%. Continuous developments in this market and growing support from government of most countries are some of the major factors contributing to the growth of this market.
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