Photovoltaics Market

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According to a new market research report “Photovoltaics Market By Type (Organic PV, Inorganic PV), Component (Crystalline Silicon PV Cells, Thin Film PV Cells, Modules, Optics, Trackers), Application (Residential, Non-Residential And Utility) & Geography Analysis and Forecasts to 2013-2020", the total market is expected to be worth $345.59 billion by 2020, at a CAGR of 18.30 %. http://www.marketsandmarkets.com/Market-Reports/building-integrated-photovoltaicmarket-428.html http://www.marketsandmarkets.com/Market-Reports/building-integrated-photovoltaicmarket-428.html Browse: 80 Market Data Tables 95 Figures 210 pages Early buyers will receive 10% customization on this report.
Photovoltaic (PV) systems are used to convert sunlight into electricity. They are safe, reliable, incur less operating costs, and are easy to install. The speed at which PV market is growing has introduced new challenges in the management of the electricity system. The enormous potential of solar PV and its various beneficial attributes is majorly driving the market for the same. Thus, PV is playing a vital role in the power/energy system. The PV market is likely to continue to register growth in the APAC region primarily in China and Japan. PV systems are helping in delivering clean, safe, affordable, and decentralized electricity to people. The photovoltaics market is expected to grow from $89.52 billion in 2013 to $345.59 billion by 2020, at a CAGR of 18.30% between 2014 and 2020. The photovoltaic market is growing rapidly in many segments and applications due to various reasons such as their environmental friendly attributes, minimum maintenance, and cost saving. The major market players are investing heavily in PV technology. Furthermore, many governments are also providing various incentives and funding to this market. This report details the market trends, drivers, and challenges with respect to the global photovoltaics market and forecasts the market till 2020, based on components, types, applications, and geography. http://www.marketsandmarkets.com/Market-Reports/building-integrated-photovoltaicmarket-428.html
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Photovoltaics Market

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