Increased Output and Operational Efficiency Drives Global Concentrated Photovoltaic Market

Published Date : Apr 10, 2017

ALBANY, New York, April 10, 2017: has featured a new report, titled “Global Concentrated Photovoltaic (CPV) Market Professional Survey Report 2017,” to its expanding database of research reports. The report presents detailed insights into the development of the concentrated photovoltaic market, which includes behavior of vital market indicators such as market drivers, challenges, and growth trends in the coming years. The report analyzes the market across North America, Europe, Southeast Asia, India, China, and Japan to determine production figures, consumption, revenue, import and export of concentrated photovoltaics over the forecast period. Using standard analytical tools, a SWOT reports and market attractiveness reports is presented over the report’s forecast period. 

A concentrated photovoltaic system involves converting light energy into electrical energy same as that in conventional photovoltaic systems. However, there lies a difference between the two wherein the former uses curved mirrors and lenses that focuses sunlight on small solar cells. Established in 1970s, concentrated photovoltaics is now gaining commercial popularity. 

Concentrated photovoltaic systems offer a multitude of advantages over conventional photovoltaics. This includes solar cell efficiencies to be greater as much as 40%, near-ambient temperature operation, fast response, no moving parts, and reduction in cost of cells as compared to optics. 

The introductory part of the report overviews definitions and conventions and notations relevant in the context of photovoltaic industry. A glance into industry statutes and industry policies is also presented at the end of the section. The market overview section of the report entails market size estimates which is calculated as an aggregate of revenue generated from concentrated photovoltaic capacities globally between 2011 and 2016. An array of graphs and tables are used in the report to represent growth trends and market size estimates pictorially. 

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Some of the key companies that operate in the global concentrated photovoltaic market are Amonix, Magpower, Semprius Inc., Solar Junction, Suncore Photovoltaic Technology Co. Ltd., Zytech Solar, Isofoton S.A., Ravano Green Powers, Soitec, Solarsystem, and Sunpower Corporation. For each of the companies production capacity, profit margin, revenue, and market share over the forecast period are presented. 

The report studies the global concentrated photovoltaic market on the basis of type and application. The type segments of the market are high concentrated photovoltaic and low concentrated photovoltaic. In terms of application, commercial and others are the segments into which the market is divided. 

The report discusses the manufacturing structure of concentrated photovoltaics at length. This includes procurement of raw materials, process reports, and reports of industry chain structure. The leading companies for concentrated photovoltaics are discussed on a technical consideration as well in the report. This includes production capacity, distribution of manufacturing plants, R&D status, technology source, and raw material sources of the leading companies in 2015. The report also provides sales price reports and sales reports of concentrated photovoltaics globally for the period 2011-2016. 

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