Mumbai, March 20, 2007: Mumbai based consultants Bharat Book Bureau have come up with a new report titled “Photovoltaics – A high potential market opportunity”.  

This study provides information on the leading-edge opportunities that are critical to the success of photovoltaics throughout the world. The detailed data and analysis is helpful for the potential investors to navigate the evolving market of photovoltaics. 

The report mentions that the photovoltaics market recorded an annual growth rate of 25-30 % during the last ten years. The investment in the year 2005 exceeded 1 billion USD in the year 2005. Also, the photovoltaic market has raised 1.8 billion USD from the capital market in year 2005. 

It provides an overview of the global photovoltaic market, and mentions that Japan and Germany are the biggest producers as well as consumers in photovoltaics. The report covers the photovoltaic markets for US, Europe and other emerging countries. 

The key findings in the report mention that silicon based photovoltaic systems accounts for almost 90% of the photovoltaic market. According to the current trends, it is expected that the demand for silicon based photovoltaic outperformed the supply of silicon in year 2006.During the last ten years, the US PV market has lost its market share. US accounted for nearly 44% of the global voltaic market.

The declining PV cost provides immense opportunities of deployment of PV technology especially in developing low cost economies like India and China where the population is cost conscious.

The key players analyzed are Sharpe, Kyocera, Shell Solar, Q-Cell, Scohtt Solar, Motac, BP Solar etc.

For more information kindly visit: http://www.bharatbook.com/bookdetail.asp?bookid=12117&publisher=

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