TechNavio Announces the Publication of its Report

Global Photovoltaic Market 2010 201

TechNavio today published its report Global Photovoltaic Market 2010 2014 based on a n in-depth study covering the Americas, and the EMEA and APAC regions. February 23, 2012 -- The report aims to aid decision makers esent and future landscape of this market. understanding of the pr

Commenting on the report, an analyst from TechNavio s Telecom team said, "The photov oltaic industry is growing at a very fast pace, but the development is concentra ted in some countries. The consumption is the maximum in European nations like G ermany and Spain while countries like US, China and India are still lagging behi nd. However, China being a manufacturing hub and home to many photovoltaic produ cts exhibits huge potential for growth." According to the report, the main driver that is influencing the growth of this market is the incentives given by various governments, such as a feed-in traffic program. This is a policy mechanism to accelerate the investments in renewable energy technologies. It achieves this by offering long-term contracts to renewab le energy producers, typically based on the cost of generation of each different technology. This was the major reason behind the massive growth in 2010. This i s expected to decrease in 2011. The report also discusses the key challenges faced by this market including pric ing. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report c ontains a comprehensive market and vendor landscape in addition to a SWOT analys is of the key players. TechNavio, the market research platform of Infiniti Research Ltd, publishes peri odic reports on niche and emerging technologies. For further information, please visit www.technavio.com. Follow us on Twitter @ Technavio Media Contact: Ludmila Berkesova Program Manager Technavio 8 Wimpole Street W1G 9SP London UK Tel: 0044 207 637 2456 Fax: 0044 845 280 2825 ludmila@technavio.com http://www.technavio.com