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Analyse Global Solar Power Markets

Posted on: Tuesday, 4 December 2007, 09:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c76332) has announced the addition of "Global Solar Power Markets" to their offering.

This Frost & Sullivan research service entitled Global Solar Power Markets provides a region vice overview of the solar photovoltaic market covering cost breakup, market penetration of individual technologies, along with individual segment vice breakup of installed capacity based on both technology and application. In addition, a complete analysis of key market challenges, drivers, restraints, and trends that are impacting solar photovoltaic manufacturers has been discussed. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: Solar Cell, Solar Module, and Total Solar Photovoltaic System Market based on Grid and Off-grid applications for residential, industrial, and commercial use.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

- Energy & Power

- Power Supplies & Batteries

Technologies

The following technologies are covered in this research:

- Crystalline Silicon

- Thin Film

- Concentrated Silicon

Market Overview

Fossil fuel supply and price fluctuation, especially natural gas, in the last 8 months have taught most governments to look at solar photovoltaic not only as a mitigator of green house gas but also as a source of steady distribution power generation. This thought has in fact been driven hard by depletion of some of the major global oil reserves such as the Greater Burgan Area of Kuwait. Further, investments on alternatives such as solar photovoltaic systems are slowly becoming cheaper with return on investment averaging around 8 years.

This research service focuses on the global solar photovoltaic market on a region vice breakthrough emphasizing on market and policy factors and their impacts. The solar photovoltaic industry has, over the years, witnessed growth at nearly 35 percent largely due to incentive driven markets of Japan and Germany. Problems such as silicon feed stock shortage and fear of removal of incentive programs have acted as major restraints for growth. However, despite these fears, there has been a steady growth in demand mainly due to price and supply vagaries of domestic electricity.

For more information, visit http://www.researchandmarkets.com/reports/c76332.

Source: Business Wire

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