Taipei, Tuesday, January 24, 2017 17:01 (GMT+8)
scattered showers
Taipei
18°C
Global PV market, 2011
Chihheng Liang, DIGITIMES Research, Taipei [Wednesday 11 May 2011]
Registration required (free) to purchase. Please sign in if you wish to continue.
Major reductions in subsidy levels are occurring across the major European PV markets in 2011. As European markets account for 80% of global demand, this will have a decisive effect on supply and demand in the global PV industry. However, the PV markets of India, the US, Canada, Australia and other countries also have a great deal of growth momentum, which could even be sufficient to offset the impact of weakening European demand. Digitimes Research estimates that, spurred on by emerging PV markets, the global PV market will reach 21.5GWp, representing 17.8% growth on the 2010 figure.
Abstract
Global trends in new PV system installations, 2008-2012 (GWp)

The PV market saw burgeoning demand in 2010. The boom in the German market during the first half of the year was followed by a boom in Italy during the second half, with demand outstripping supply throughout 2010. Digitimes Research estimates that total global new PV system installations reached 18.2GWp in 2010.

Major reductions in subsidy levels are occurring across the major European PV markets in 2011. As European markets account for 80% of global demand, this will have a decisive effect on supply and demand in the global PV industry. However, the PV markets of India, the US, Canada, Australia and other countries also have a great deal of growth momentum, which could even be sufficient to offset the impact of weakening European demand. Digitimes Research estimates that, spurred on by emerging PV markets, the global PV market will reach 21.5GWp, representing 17.8% growth on the 2010 figure.

The PV industry spent the entirety of 2010 coping with shortfalls in supplies, driving many firms to proactively expand capacity in response. As the trend towards relocating manufacturing to the Asia region continues unabated, China and Taiwan-based firms have also actively expanded capacity. Digitimes Research calculates that based on the various manufacturers' capacity expansion plans, global PV silicon wafer capacity will reach 50.9GWp by the end of 2011, equivalent to 62.1% growth on the 2010 figure; while total c-Si solar cell capacity will reach 60.6GWp in 2011, a 90.6% increase on the preceding year.

Table of contents
Price: NT$48,000 (approx. US$1,685)
Realtime news
  • Samsung chip business posts record operating profits for 4Q16

    Bits + chips | 1h 54min ago

  • Giga Solar Materials to start production at factory in eastern China at end of March

    Green energy | 2h 6min ago

  • China market: Foxconn to produce bicycles for startup Mobike

    IT + CE | 2h 18min ago

  • Worldwide semiconductor revenues to grow 7.2% in 2017, says Gartner

    Bits + chips | 2h 37min ago

  • Solution vendors to start rolling out 5G chips in 2H17, say sources

    Bits + chips | 2h 45min ago

  • Brand vendors to launch smartphones with AI applications to ramp up sales in 2017

    Mobile + telecom | 2h 50min ago

Pause
 | 
View more

Global AP demand forecast, 2017-2020

RESEARCH EXTRAS | Jan 16, 12:01

Digitimes Research expects global application processor (AP) shipments to increase more than 8% in 2017 and surpass the 1.9 billion mark, with smartphones remaining the main application. After slumping in 2015, Qualcomm returned to form in 2016 and will continue...

Taiwan server shipment forecast and industry analysis, 2017

TAIWAN MOBILE DEVICE | Nov 28, 10:20

According to surveys and analyses conducted by Digitimes Research, revenues generated from sales of server motherboards, servers, storage systems and related network system equipment by Taiwan-based vendors will continue on an upward trend to reach NT$558.5 billion...

China smartphone market and industry – 3Q 2016

CHINA SMARTPHONE | Dec 13, 18:51

Smartphone shipments in the China market reached 112.3 million units in the third quarter, up 5.8% on year and 5.2% on quarter. China-based telecom carriers continued to offer subsidies to encourage existing 2G or 3G service users to switch to a 4G service and...

Global tablet market - 3Q 2016

GLOBAL TABLET | Dec 7, 11:20

Global tablet shipments in fourth-quarter 2016 are expected to see an annual decrease of 20%.

China smartphone AP shipment 4Q forecast

CHINA SMARTPHONE AP | Dec 2, 14:32

Digitimes Research estimates shipments of AP for smartphones and tablet PC in China in the fourth quarter of 2016 will show a growth of 11.6% on quarter.

China smartphone touch-panel industry 2016 forecast
Wireless broadband developments in Southeast Asia markets
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.