Lucintel Estimates Global Crystalline Silicon Solar PV Module Market to Reach $34,066 million by 2017

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The booming solar industry has been a key driver for growth in global crystalline solar photovoltaic (PV) module market. With the prevailing growth prospects in the solar market, the crystalline silicon solar PV module market also is anticipated to benefit. After experiencing good growth during 2006-2011, the market is forecast to witness modest growth over 2012-2017 and reach $34,066 million by 2017.

Insights that Matter

Insights that Matter

The booming solar industry has been a key driver for growth in global crystalline solar photovoltaic (PV) module market. With the prevailing growth prospects in the solar market, the crystalline silicon solar PV module market also is anticipated to benefit. After experiencing good growth during 2006-2011, the market is forecast to witness modest growth over 2012-2017 and reach $34,066 million by 2017.

Lucintel, a leading global management consulting and market research firm, has analyzed the global crystalline silicon solar PV module market and offers its findings in its comprehensive research report, “Global Crystalline Silicon Solar PV Module Market 2012-2017: Trend, Forecast, and Opportunity Analysis.”

This report studies the crystalline silicon solar PV module market with an in-depth analysis of all the four regions: North America, Europe, Asia Pacific, and the Rest of World. Europe was the market leader in 2011 and is expected to remain the largest market, but North America is expected to depict the highest growth over 2012-2017.

Lucintel has identified that next-generation technology risks, difficulty in obtaining financing, and the high levelized cost of energy (LCOE) are the major market growth challenges. Driving the market to the future are the continuation of government involvement such as feed-in-tariffs, ongoing cost reductions, the move toward environment friendly energy sources, and greater efficiency in less space.

The price of crystalline silicon solar PV modules significantly decreased, increasing their attractiveness to investors and accelerating the technology’s drive toward competitiveness with conventional electricity sources. Significant reduction has been observed in the crystalline silicon solar PV FITs in Europe.

This market research report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, timely, useful information is required. This Lucintel research report provides crucial understanding of recent market scope, and background, cost comparison, product portfolio analysis, relative market attractiveness by region, emerging trends, price trends, market forecasts, Porter’s Five Forces Analysis, growth opportunities, and profitability trends and analysis of the major market players.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include SWOT analysis, target screening, and merger and acquisition consulting.

Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.

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Joseph E. Fritz
Lucintel
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