Global Solar panels market to grow at the rate of 15.3 percent till 2015

Tuesday, Aug 21, 2012

NEW YORK, LONDON, BERLIN, PARIS, August 20, 2012/PRNewswire/ --Analysts forecast that the Global Solar Panels market [http://www.reportstack.com/product/89317/global-solar-panels-market-2011-2015.html ] is estimated to grow at a CAGR of 15.3 percent over the period 2011-2015. One of the key factors contributing to this market growth is functional and technological advancement. The Global Solar Panels market has also been witnessing the entry of new competitors with competitive advantages. However, the seasonal fluctuation of solar power availability could pose a challenge to the growth of this market.

According to a report titled Global Solar Panels Market 2011-2015, the progression of technology in the solar photovoltaic (PV) industry is driving the growth of the Global Solar Panels market. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Solar Panels market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Commenting on the report, an analyst from the authoring publisher said; "The increase in R&D was another major prevailing trend in the Global Solar Panels market. In addition to reduction in policies, there were also favorable policies and procedures that existed for boosting the Global Solar Panels market."

Key vendors dominating this market space include First Solar Inc., Suntech Power Holdings Co. Ltd., Trina Solar Ltd., and Yingli Green Energy Holding Co. Ltd.

Other vendors mentioned in the report: Canadian Solar Inc., Sharp Corp., Hanwha SolarOne Ltd., Jinko Solar Co. Ltd., LDK Solar Co. Ltd., SolarWorld, BP Solar International Inc., Bosch Solar Energy AG, Dyesol Ltd., EniPower S.p.A, Evergreen Solar Inc., ET Solar Inc., E-Ton Solar Tech Co. Ltd., Flisom AG, GE Energy, Global Solar Energy Inc., Hitachi Metals America Ltd., Isofoton SA, JA Solar Holdings, Kyocera Corp., Matrix Solar Technologies Inc., MiaSole Inc., Mitsubishi Electric Corp., Moser Baer Solar Ltd., Motech Industries Inc. , Nanosolar Inc., Primestar Solar Inc., Q-Cells SE, REC Solar Inc., Ritek Co. Ltd., Sanyo Solar, Schott Solar AG, Schuco USA, Signet Solar Inc., Siliken SA, and SunPower Corp.

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Source: Reportstack.com