Photovoltaic Market To 2025 : Future Scope By New Technology , Advancement , Detail Analysis With Low Cost Stack

Photovoltaic is method of generating electricity from solar energy using semiconductors that produce photovoltaic effect. Photovoltaic market has showed leading growth in European countries. Around 74% of world’s new PV installation was done in Europe in 2011 PV market covers approximately 2.4% of electricity demand and approximately 5.1% of electricity demand in Europe. Photovoltaic market is strongly driven by decrease in PV technology cost and increase in electricity price. This driving force provides benefits to developing countries such as India, China, and Japan.

Change in climatic factors influence the growth of PV market. PV installation rate in Europe is decreased to 55% in 2012 from 74% in 2011.

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The key players operating in the market include

• STR holdings Inc.
• Hangzhou first PV
• Material co.ltd
• Solutia
• Bridgestone Dow corning
• DuPont
• Mitsubishi Plastics Inc.
• Dai Nippon Printing Co. Ltd
• Renewsys
• Sanvic Inc.
• Evasa
• First Solar Gmbh.

The global PV market is becoming more diversified. China, America, Japan are emerging markets and continue to grow in future. The major market share for photovoltaic comes from utility sector. Mergers & acquisitions and expansion into new and emerging markets will bring success for the photovoltaic markets to increase sales.

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• The report provides assistance in making strategic decisions for business growth and expansion through value chain analysis, and Porter’s five forces model

• Assessment and ranking the factors that favor the market growth and those factors which act as a Competitive landscape and competitor strategy analysis would help in better planning and execution of business strategies

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