Out of the over 38.2 gigawatts (GW) of production capacity added to the global solar photovoltaic (PV) manufacturing industry during the past five years, nearly 20% or 7.5 GW of the capacity was for the production of thin film solar photovoltaic (TFPV) technologies. Thin film PV technologies are produced through deposition processes and production line equipment distinct from conventional, market leading crystalline silicon (c-Si) solar PV technologies. Thin film PV technologies use “thin” vapor deposited or physically applied semiconductor active layers that use substantially less of alternative materials. Other PV technologies using TFPV manufacturing equipment and similar production processes include multijunction / III-V elemental compound solar cells, dye-sensitized solar cells (DSSC), and organic PV (OPV).
The crystalline silicon PV supply chain - silicon feedstocks, ingots, wafers, cells and modules - is the primary beneficiary of global industry investment. The global production capacity for c-Si PV cells is over four times that for all TFPV technologies. The current global market share for c-Si PV modules is above 80% with the remaining share largely represented by CdTe TFPV module production.. First Solar’s expansion in the production of CdTe TFPV modules and a rising bubble in investment in thin film silicon PV technologies led phenomenal growth in the market for TFPV manufacturing equipment. While the commanding global market share has not been lost by c-Si PV, it has been pressured by c-Si PV technology’s more intricate supply chain. Shortages in solar-grade silicon metal and polysilicon pushed up c-Si PV supply chain prices from silicon feedstocks to modules. New and existing PV producers responded by investing in TFPV technologies as a means of reducing material consumption (in the case of thin film silicon technologies) and eliminating dependence upon crystalline silicon supplies.
The diversity of thin film PV technologies had aided continued growth in industry capital expenditures for TFPV manufacturing equipment. Thin film PV technologies will continue to capture shares of global PV industry investment based upon their individual strengths in production and performance: CIGS PV has the highest demonstrated efficiency for major thin film technologies, CdTe is an established low-cost PV product, and thin film silicon PV technologies are well represented by OEM suppliers in terms of turnkey production lines and a broad base of industry experience in production.
Supported by persistent industry interest in the production advantages and design flexibility of thin film PV technologies, thin film solar PV manufacturing equipment will continue to represent a diverse range of high-growth capital equipment markets. From a total market value of $384 million in 2006, the global TFPV manufacturing equipment market is estimated by SBI Energy to have reached $3.2 billion in 2010 for a CAGR of 70.3%. The total market is projected to reach approximately $4.3 billion in 2015 and $15.7 billion in 2020 on the basis of continuing advances in TFPV manufacturing and improved cost-competitiveness with c-Si PV production. Asian countries are expected to predominate among many of the TFPV technology and equipment type market categories, particularly China, Taiwan, and several Southeast Asian countries like Malaysia and Vietnam. Equipment markets already exist and are projected as well in Japan, India, and Korea. Other notable markets include the United States, Germany, Spain and Italy, with promising expansion markets in the Americas and Europe projected in countries such as Mexico, Brazil, Russia, and several Eastern European countries.
Thin Film Solar PV Manufacturing Equipment Worldwide contains comprehensive market data on the global market for thin film photovoltaic manufacturing equipment (plasma deposition equipment [sputtering, PECVD], thermal deposition equipment [evaporation, sublimation], other vacuum deposition equipment, printing equipment, laser tools, wet process equipment, glass washers, furnaces and other thermal processing equipment, product conveyance and handling systems including automation and MES, back-end equipment [bussing, simulation, lamination, encapsulation], and inline water, gas and chemical treatment and disposal systems) by equipment type and thin film PV technology (thin film silicon [amorphous - a-Si, microcrystalline - µc-Si and tandem], cadmium telluride, copper-indium-diselenide-type [including CIGS / CIGSS], multijunction [III-V], dye-sensitized, and organic) with historical and forecast market size data in terms of dollar value by product shipments, with breakdowns at the national and regional levels for major markets. The report identifies key trends affecting the marketplace, along with trends driving growth, and central challenges to further market development. The report also provides in-depth company profiles for leading TFPV manufacturing equipment OEMs and suppliers with analysis of their positioning within the market. An effective technical overview of the inline production process is also provided for each thin film PV technology in the report.
The information in Thin Film Solar PV Manufacturing Equipment Worldwideis based on data from the U.S. Energy Information Agency (EIA), U.S. Geological Survey, U.S. national laboratories, the European Commission, along with information from trade associations, business journals, scientific journals, company literature and websites, Securities and Exchange Commission (SEC) documents, and research services such as Simmons Market Research Bureau.
Comprehensive and detailed market data provided in this report are based upon historical industry trends isolated by SBI Energy and the fastidious and far-reaching compilation of operational data and business development strategies from over 300 crystalline silicon and thin film PV producers worldwide. Additional information regarding production and equipment costs was collected from industry and research publications and interviews with equipment suppliers and public sector researchers.
What You’ll Get in This Report
Thin Film Solar PV Manufacturing Equipment Worldwide makes geographically detailed and technology specific predictions and recommendations regarding the near-term future of the thin film solar PV manufacturing equipment market, with longer-term future projections providing relevant and informed guidance regarding market development in emerging markets. In addition, this report provides unparalleled company information specific to the involvement of leading players in thin film solar PV manufacturing equipment markets. It also pinpoints trends in equipment purchasing and investment that current and prospective industry players can capitalize upon, spearhead, and develop as regional and specialty market opportunities. Thin Film Solar PV Manufacturing Equipment Worldwide is unmatched by any other single market research publication in terms of the detail, breadth and clarity in presentation of market data.
How You’ll Benefit from This Report
If your company is already marketing or developing equipment and turnkey solutions for the thin film PV manufacturing equipment market, in associated crystalline silicon PV, semiconductor device, FPD or LED manufacturing industries, or is considering making the leap, you will find this report invaluable and incomparable in its scope of market information, projections, and insight not offered in any other single source. Thin film PV technology startup companies and developers, private equity firms including venture capital groups, other investors, thin film PV marketers, equipment re-sellers, distributors and other suppliers will also benefit from key insights into market structure, supply chain, projects worldwide, and industry developers and leaders associated with thin film PV manufacturing. The report provides an extensive review of markets for thin film PV manufacturing from 2006 as well as business expansion projects and trends through 2020.
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