TechNavio today launched its report Global Crystalline Solar Cell Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: ”The increase in R&D is a major trend in the Global Crystalline Solar Cell market. Favorable policies and procedures have been boosting the Global Crystalline Solar Cell market. For instance, the US Federal Environment Ministry has plans to increase investment in research related to renewable energies; part of which will be diverted to RandD in the Global Crystalline Solar Cell market.”
According to the report, the increase in solar energy consumption is one of the major driving factors for market growth. The increased emission of harmful gases by various conventional power generation sources such as fossil fuels has led to an increased focus on renewable energy sources. Solar power is one of the most abundant sources of renewable power; hence, increased demand for solar panels has led to an increase in the demand for crystalline solar cells because they are the major component of a solar power system.
Further, the report discusses that one of the major challenges confronting the market is the low conversion efficiency of crystalline solar cells compared to fossil fuels.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://goo.gl/NXKK6
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Clean Tech market research, please visit
https://www.technavio.com/clean-technology
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TechNavio Announces the Publication of its Research report – Global Crystalline Solar Cell Market 2011-2015
