Thin Film PV Market (2011-2016): Global Market Forecast
Thin Film PV Market (2011-2016): Global Market Forecast
Thin film PV market has gained momentum in the recent times, especially at the time of 2009 global meltdown. High prices of silicon have shifted the demand for solar cells towards thin film PV cells. Low cost, increasing government initiatives & policies, shorter energy payback, better performance under low light conditions and others are the few factors that have spurred the Global thin film PV market. Initially dominated by a-Si thin film PV cells, the market is now shifting towards CdTe and CIS/CIGS based thin film PV cells. Higher efficiency of CdTe and CIS/CIGS cells has resulted for the demand at global level.
According to 6Wresearch, Global thin film PV market is expected to generate $22,357.3 million by 2016 with an estimated CAGR of 27.5% from 2011-2016. In 2011, a-Si has dominated the thin film PV market and has accounted for 49.8% of the market share in the overall market; however this market share is expected to fall to 38.1% by 2016. The market for CdTe, CIS/CIGS and other thin film PV cells are expected to grow with a CAGR of 30.5%, 39.8% and 15.0%, respectively for the same period.
In modules market, the market is estimated to generate 3,213.2 MW in 2011 and is expected to reach 9,036.6 MW by 2016, with a CAGR of 23.0% from 2011-2016. CdTe based modules dominated the module market and accounted for 44.4% of the share in overall market in 2010. However, CIS/CIGS modules are expected to emerge as a market leader by 2016.
Although in 2011, Europe dominated the Global thin film PV market, but Asia is expected to grow with relatively higher CAGR of 33.7% for the same period. In Application market, BIPV dominated and accounted for 45.5% of the share in 2010, followed Grid connected power supply, military & space, consumer electronics and others, respectively.
Thin film PV market has gained momentum in the recent times, especially at the time of 2009 global meltdown. High prices of silicon have shifted the demand for solar cells towards thin film PV cells. Low cost, increasing government initiatives & policies, shorter energy payback, better performance under low light conditions and others are the few factors that have spurred the Global thin film PV market. Initially dominated by a-Si thin film PV cells, the market is now shifting towards CdTe and CIS/CIGS based thin film PV cells. Higher efficiency of CdTe and CIS/CIGS cells has resulted for the demand at global level.
According to 6Wresearch, Global thin film PV market is expected to generate $22,357.3 million by 2016 with an estimated CAGR of 27.5% from 2011-2016. In 2011, a-Si has dominated the thin film PV market and has accounted for 49.8% of the market share in the overall market; however this market share is expected to fall to 38.1% by 2016. The market for CdTe, CIS/CIGS and other thin film PV cells are expected to grow with a CAGR of 30.5%, 39.8% and 15.0%, respectively for the same period.
In modules market, the market is estimated to generate 3,213.2 MW in 2011 and is expected to reach 9,036.6 MW by 2016, with a CAGR of 23.0% from 2011-2016. CdTe based modules dominated the module market and accounted for 44.4% of the share in overall market in 2010. However, CIS/CIGS modules are expected to emerge as a market leader by 2016.
Although in 2011, Europe dominated the Global thin film PV market, but Asia is expected to grow with relatively higher CAGR of 33.7% for the same period. In Application market, BIPV dominated and accounted for 45.5% of the share in 2010, followed Grid connected power supply, military & space, consumer electronics and others, respectively.
ACRONYMS USED
EXECUTIVE SUMMARY
1 INTRODUCTION
1.1 Key Highlights of the report
1.2 Report Description
1.3 MARKETS COVERED
1.4 methodology adopted and key data points
2 THIN FILM PV MARKET OVERVIEW
2.1 key Snapshots of PV cells
2.2 Thin Film photovoltaic
2.2.1 Industry life cycle
2.2.1.1 Amorphous silicon industry life cycle
2.2.1.2 Cadmium telluride industry life cycle
2.2.1.3 Copper indium diselinide/copper indium gallium diselenide (CIS/CIGS)
2.2.2 photovoltaic cells vs thin film PV cells w.r.t. cost & efficiency
2.3 market share
2.3.1 Market share by thin film PV Cells
2.3.2 Market share by thin film PV modules
2.3.3 Market share by application
2.3.4 Market share by region
2.4 Market dynamics
2.4.1 market drivers
2.4.1.1 Government initiatives and policies
2.4.1.2 Energy payback period
2.4.1.3 Thin film PV cells: Cost advantage
2.4.1.4 Edge under dim lighting conditions
2.4.2 market restraints
2.4.2.1 Lower efficiency
2.4.2.2 Availability of alternatives
2.4.3 opportunities
2.4.3.1 Increasing capital funding
3 THIN FILM PV CELLS MARKET
3.1 Amorphous silicon
3.1.1 Market drivers
3.1.1.1 Technical edge
3.1.1.2 Lower dissipation
3.1.2 Market Restraints
3.1.2.1 Efficiency issues
3.1.3 opportunities
3.1.3.1 Cost reduction
3.2 Cadmium telluride
3.2.1 Market drivers
3.2.1.1 Ease of availability
3.2.1.2 Technical property supremacy
3.2.2 Market Restraints
3.2.2.1 Non Eco-friendly compound
3.3 Copper indium diselenide/ copper indium gallium disellunide (CIS/CIGS)
3.3.1 Market drivers
3.3.1.1 Highest conversion efficiency
3.3.1.2 Flexible nature of CIS/CIGS cells
3.3.2 Market Restraints
3.3.2.1 Expensive in nature
3.3.3 opportunities
3.3.3.1 Opportunity to reduce the thickness
3.4 Others
4 THIN FILM MODULE MARKET
4.1 Amorphous silicon pv module
4.2 Cadmium Telluride pv module
4.3 Copper indium selenide/copper indium gallium module
5 THIN FILM PV MATERIAL MARKET
6 APPLICATION MARKET
6.1 Consumer electronics
6.2 Building integrated photovoltaic
6.3 Grid connected power supply
6.4 military and space application
6.5 Others
7 GEOGRAPHICAL MARKET
7.1 north America
7.2 europe
7.3 Asia
7.4 Rest of world
8 COMPETITIVE LANDSCAPE
8.1 poters 5 forces model
8.1.1 Rivalry among existing firms
8.1.2 Threat from New entrants
8.1.3 Threat from product Substitute
8.1.4 Bargaining power of suppliers
8.1.5 bargaining power of buyers
8.2 Market share analysis
9 COMPANY PROFILES
9.1 Bosch Solar
9.1.1 Business Overview
9.1.2 Strategy
9.1.3 Key developments of 2011
9.2 Energy Conversion Devices
9.2.1 Business Overview
9.2.2 Strategy
9.2.3 Key developments of 2011
9.3 First Solar
9.3.1 Business Overview
9.3.2 Strategy
9.3.3 Key developments of 2011
9.4 kaneka Solar
9.4.1 Business Overview
9.4.2 Strategy
9.4.3 Key developments of 2011
9.5 Q-cells
9.5.1 Business Overview
9.5.2 Strategy
9.5.3 Key developments of 2011
9.6 QS Solar
9.6.1 Business Overview
9.6.2 Strategy
9.6.3 Key developments of 2011
9.7 Schott Solar
9.7.1 Business Overview
9.7.2 Strategy
9.7.3 Key developments of 2011
9.8 Sharp
9.8.1 Business Overview
9.8.2 Strategy
9.8.3 Key developments of 2011
9.9 Solar Frontier
9.9.1 Business Overview
9.9.2 Strategy
9.9.3 Key developments of 2011
9.1 Solyndra
9.10.1 Business Overview
9.10.2 Strategy
9.10.3 Key developments of 2011
9.11 Trony Solar
9.11.1 Business Overview
9.11.2 Strategy
9.11.3 Key developments of 2011
EXECUTIVE SUMMARY
1 INTRODUCTION
1.1 Key Highlights of the report
1.2 Report Description
1.3 MARKETS COVERED
1.4 methodology adopted and key data points
2 THIN FILM PV MARKET OVERVIEW
2.1 key Snapshots of PV cells
2.2 Thin Film photovoltaic
2.2.1 Industry life cycle
2.2.1.1 Amorphous silicon industry life cycle
2.2.1.2 Cadmium telluride industry life cycle
2.2.1.3 Copper indium diselinide/copper indium gallium diselenide (CIS/CIGS)
2.2.2 photovoltaic cells vs thin film PV cells w.r.t. cost & efficiency
2.3 market share
2.3.1 Market share by thin film PV Cells
2.3.2 Market share by thin film PV modules
2.3.3 Market share by application
2.3.4 Market share by region
2.4 Market dynamics
2.4.1 market drivers
2.4.1.1 Government initiatives and policies
2.4.1.2 Energy payback period
2.4.1.3 Thin film PV cells: Cost advantage
2.4.1.4 Edge under dim lighting conditions
2.4.2 market restraints
2.4.2.1 Lower efficiency
2.4.2.2 Availability of alternatives
2.4.3 opportunities
2.4.3.1 Increasing capital funding
3 THIN FILM PV CELLS MARKET
3.1 Amorphous silicon
3.1.1 Market drivers
3.1.1.1 Technical edge
3.1.1.2 Lower dissipation
3.1.2 Market Restraints
3.1.2.1 Efficiency issues
3.1.3 opportunities
3.1.3.1 Cost reduction
3.2 Cadmium telluride
3.2.1 Market drivers
3.2.1.1 Ease of availability
3.2.1.2 Technical property supremacy
3.2.2 Market Restraints
3.2.2.1 Non Eco-friendly compound
3.3 Copper indium diselenide/ copper indium gallium disellunide (CIS/CIGS)
3.3.1 Market drivers
3.3.1.1 Highest conversion efficiency
3.3.1.2 Flexible nature of CIS/CIGS cells
3.3.2 Market Restraints
3.3.2.1 Expensive in nature
3.3.3 opportunities
3.3.3.1 Opportunity to reduce the thickness
3.4 Others
4 THIN FILM MODULE MARKET
4.1 Amorphous silicon pv module
4.2 Cadmium Telluride pv module
4.3 Copper indium selenide/copper indium gallium module
5 THIN FILM PV MATERIAL MARKET
6 APPLICATION MARKET
6.1 Consumer electronics
6.2 Building integrated photovoltaic
6.3 Grid connected power supply
6.4 military and space application
6.5 Others
7 GEOGRAPHICAL MARKET
7.1 north America
7.2 europe
7.3 Asia
7.4 Rest of world
8 COMPETITIVE LANDSCAPE
8.1 poters 5 forces model
8.1.1 Rivalry among existing firms
8.1.2 Threat from New entrants
8.1.3 Threat from product Substitute
8.1.4 Bargaining power of suppliers
8.1.5 bargaining power of buyers
8.2 Market share analysis
9 COMPANY PROFILES
9.1 Bosch Solar
9.1.1 Business Overview
9.1.2 Strategy
9.1.3 Key developments of 2011
9.2 Energy Conversion Devices
9.2.1 Business Overview
9.2.2 Strategy
9.2.3 Key developments of 2011
9.3 First Solar
9.3.1 Business Overview
9.3.2 Strategy
9.3.3 Key developments of 2011
9.4 kaneka Solar
9.4.1 Business Overview
9.4.2 Strategy
9.4.3 Key developments of 2011
9.5 Q-cells
9.5.1 Business Overview
9.5.2 Strategy
9.5.3 Key developments of 2011
9.6 QS Solar
9.6.1 Business Overview
9.6.2 Strategy
9.6.3 Key developments of 2011
9.7 Schott Solar
9.7.1 Business Overview
9.7.2 Strategy
9.7.3 Key developments of 2011
9.8 Sharp
9.8.1 Business Overview
9.8.2 Strategy
9.8.3 Key developments of 2011
9.9 Solar Frontier
9.9.1 Business Overview
9.9.2 Strategy
9.9.3 Key developments of 2011
9.1 Solyndra
9.10.1 Business Overview
9.10.2 Strategy
9.10.3 Key developments of 2011
9.11 Trony Solar
9.11.1 Business Overview
9.11.2 Strategy
9.11.3 Key developments of 2011
LIST OF TABLES
TABLE 1 Photovoltaic market Snapshot
TABLE 2 Amorphous silicon PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 3 Cadmium telluride PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 4 CIS/CIGS PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 5 Other PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 6 thin film module market, by types 2009 – 2016 (MW)
TABLE 7 Thin film module market, by geography 2009 – 2016 (MW)
TABLE 8 a-si PV module market, by geography 2009 – 2016 (MW)
TABLE 9 Cdte PV module market, by geography 2009 – 2016 (MW)
TABLE 10 Cis/cigs PV module market, by geography 2009 – 2016 (MW)
TABLE 11 thin film materials market revenue, by types 2009 – 2016 ($million)
TABLE 12 thin film PV market revenue, by application 2009 – 2016 ($million)
TABLE 13 Thin film module market, by geography 2009 – 2016 ($million)
TABLE 1 Photovoltaic market Snapshot
TABLE 2 Amorphous silicon PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 3 Cadmium telluride PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 4 CIS/CIGS PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 5 Other PV cell market revenue, by geography 2009 – 2016 ($MILLION)
TABLE 6 thin film module market, by types 2009 – 2016 (MW)
TABLE 7 Thin film module market, by geography 2009 – 2016 (MW)
TABLE 8 a-si PV module market, by geography 2009 – 2016 (MW)
TABLE 9 Cdte PV module market, by geography 2009 – 2016 (MW)
TABLE 10 Cis/cigs PV module market, by geography 2009 – 2016 (MW)
TABLE 11 thin film materials market revenue, by types 2009 – 2016 ($million)
TABLE 12 thin film PV market revenue, by application 2009 – 2016 ($million)
TABLE 13 Thin film module market, by geography 2009 – 2016 ($million)
LIST OF FIGURES
FIGURE 1 Amorphous silicon-Industry life cycle
FIGURE 2 Cadmium telluride-Industry life cycle
FIGURE 3 Copper indium diselinide/copper indium Gallium diselenide-Industry life cycle
FIGURE 4 Efficiency vs cost diagonal
FIGURE 5 Market share (2010), by cells type
FIGURE 6 Market share (2010), by modules
FIGURE 7 Market share (2010), by Applications
FIGURE 8 Market share (2010), by geography
FIGURE 9 impact of key market shapers
FIGURE 10 pv cells payback period
FIGURE 11 Amorphous silicon PV market Revenue ($million)
FIGURE 12 Cadmium telluride PV market Revenue ($million)
FIGURE 13 Copper indium disellenide/copper indium gallium disellenide PV market Revenue ($million)
FIGURE 14 Copper indium disellenide/copper indium gallium disellenide PV market Revenue ($million)
FIGURE 15 a-Si module market (MW)
FIGURE 16 CdTe module market (MW)
FIGURE 17 cIS/CIGS module market (mw)
FIGURE 18 thin film PV cells market–Consumer electronics 2009-2016 ($million)
FIGURE 19 Thin film pv cells market- BIPV 2009-2016 ($ million)
FIGURE 20 Thin film PV cells market –grid connected power supply 2009-2016 ($million)
FIGURE 21 thin film PV market -Military and space application 2009-2016 ($million)
FIGURE 22 thin film pv market –others 2009-2016 ($million)
FIGURE 23 Thin film PV cells market Revenue-North America 2009-2016 ($million)
FIGURE 24 Thin film PV cells market Revenue-Europe 2009-2016 ($million)
FIGURE 25 Thin film pv market revenue-asia 2009-2016 ($million)
FIGURE 26 other thin film pv market revenue 2009-2016 ($million)
FIGURE 27 porters 5 forces model
FIGURE 28 Market Share: By Vendors
FIGURE 35 CELLULAR M2M MODULES MARKET- EUROPE 2010-2017 ($MILLION)
FIGURE 36 GERMANY CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 37 UK CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 38 FRANCE CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 39 ITALY CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 40 CELLULAR M2M MODULES MARKET, OTHER EUROPEAN COUNTRIES 2010-2017 ($MILLION)
FIGURE 41 CELLULAR M2M MODULES MARKET – ASIA PACIFIC 2010-2017 ($MILLION)
FIGURE 42 CHINA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 43 JAPAN CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 44 KOREA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 45 INDIA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 46 TAIWAN CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 47 AUSTRALIA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 48 CELLULAR M2M MODULES MARKET, OTHER APAC COUNTRIES 2010-2017 ($MILLION)
FIGURE 49 CELLULAR M2M MODULES MARKET – ROW 2010-2017 ($MILLION)
FIGURE 50 MIDDLE EAST CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 51 AFRICA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 52 SOUTH AMERICA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 53 GLOBAL CELLULAR M2M MODULES VENDORS MARKET SHARE, BY REVENUE (2011)
FIGURE 54 GLOBAL CELLULAR M2M MODULES VENDORS MARKET SHARE, BY SHIPMENTS (2011)
FIGURE 55 PORTER’S 5 FORCES MODEL
FIGURE 56 MARKET VENDORS OFFERINGS COMPARISON
FIGURE 1 Amorphous silicon-Industry life cycle
FIGURE 2 Cadmium telluride-Industry life cycle
FIGURE 3 Copper indium diselinide/copper indium Gallium diselenide-Industry life cycle
FIGURE 4 Efficiency vs cost diagonal
FIGURE 5 Market share (2010), by cells type
FIGURE 6 Market share (2010), by modules
FIGURE 7 Market share (2010), by Applications
FIGURE 8 Market share (2010), by geography
FIGURE 9 impact of key market shapers
FIGURE 10 pv cells payback period
FIGURE 11 Amorphous silicon PV market Revenue ($million)
FIGURE 12 Cadmium telluride PV market Revenue ($million)
FIGURE 13 Copper indium disellenide/copper indium gallium disellenide PV market Revenue ($million)
FIGURE 14 Copper indium disellenide/copper indium gallium disellenide PV market Revenue ($million)
FIGURE 15 a-Si module market (MW)
FIGURE 16 CdTe module market (MW)
FIGURE 17 cIS/CIGS module market (mw)
FIGURE 18 thin film PV cells market–Consumer electronics 2009-2016 ($million)
FIGURE 19 Thin film pv cells market- BIPV 2009-2016 ($ million)
FIGURE 20 Thin film PV cells market –grid connected power supply 2009-2016 ($million)
FIGURE 21 thin film PV market -Military and space application 2009-2016 ($million)
FIGURE 22 thin film pv market –others 2009-2016 ($million)
FIGURE 23 Thin film PV cells market Revenue-North America 2009-2016 ($million)
FIGURE 24 Thin film PV cells market Revenue-Europe 2009-2016 ($million)
FIGURE 25 Thin film pv market revenue-asia 2009-2016 ($million)
FIGURE 26 other thin film pv market revenue 2009-2016 ($million)
FIGURE 27 porters 5 forces model
FIGURE 28 Market Share: By Vendors
FIGURE 35 CELLULAR M2M MODULES MARKET- EUROPE 2010-2017 ($MILLION)
FIGURE 36 GERMANY CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 37 UK CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 38 FRANCE CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 39 ITALY CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 40 CELLULAR M2M MODULES MARKET, OTHER EUROPEAN COUNTRIES 2010-2017 ($MILLION)
FIGURE 41 CELLULAR M2M MODULES MARKET – ASIA PACIFIC 2010-2017 ($MILLION)
FIGURE 42 CHINA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 43 JAPAN CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 44 KOREA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 45 INDIA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 46 TAIWAN CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 47 AUSTRALIA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 48 CELLULAR M2M MODULES MARKET, OTHER APAC COUNTRIES 2010-2017 ($MILLION)
FIGURE 49 CELLULAR M2M MODULES MARKET – ROW 2010-2017 ($MILLION)
FIGURE 50 MIDDLE EAST CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 51 AFRICA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 52 SOUTH AMERICA CELLULAR M2M MODULES MARKET 2010-2017 ($MILLION)
FIGURE 53 GLOBAL CELLULAR M2M MODULES VENDORS MARKET SHARE, BY REVENUE (2011)
FIGURE 54 GLOBAL CELLULAR M2M MODULES VENDORS MARKET SHARE, BY SHIPMENTS (2011)
FIGURE 55 PORTER’S 5 FORCES MODEL
FIGURE 56 MARKET VENDORS OFFERINGS COMPARISON
