Ceramic Industry News / Advanced Ceramics

Global Thin-Film Market Grows 105%

January 24, 2012
/ Print / Reprints /
ShareMore
/ Text Size+
Thin-film technology evolved from the early 2000s, but production remained marginal until 2006, according to a new report.

The global solar photovoltaics (PV) market is dominated by silicon-based technology. Thin-film technology evolved from the early 2000s, but production remained marginal until 2006, according to the new report, “Thin-Film PV-Global Market Size, Price Analysis, Regulations and Competitive Landscape to 2020,” available from Research and Markets.

The crystalline silicon PV supply experienced a polysilicon shortage and became prohibitively expensive, thus shifting the focus of solar PV module manufacturers toward thin-film module technology. Thin-film modules, benefiting from advancing technologies, have since experienced increased market presence in the solar PV market, growing from 8% in 2006 to 17% in 2010.

The growth of the global thin-film market over the past five years has been remarkable. Production grew at a compound annual growth rate (CAGR) of 105% from 2006 to 2010, based on market drivers including a contraction in crystalline silicon (c-Si) modules supply due to the polysilicon shortage, the development of favorable policies by federal governments, and thin-film technology advancements. Many new players arrived on the scene, and established crystalline module manufacturers increased their profits, mitigated risks, and expanded their product portfolios.

By 2010, thin-film production reached 3,627 megawatts (MW), capturing 17% of the global solar PV market. With the technological advancements toward the development of efficient and cost-effective thin-film modules, the market is expected to grow at a CAGR of 16% over the period 2010-2020, reaching 15,895 MW of market volume by 2020.

For more information, visit www.researchandmarkets.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

September 2014 Issue Highlights

Our September 2014 issue is now available!

Posted: December 15, 2014

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI January 2015 cover

2015 January

It's our annual Materials Handbook issue, with the ever-popular "Raw & Manufactured Materials Overview" article! Check it out today.

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!