TechNavio today launched its report Global Solar Wafer Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said, Solar wafers have undergone various technological and functional innovations that are boosting the growth of the Global Solar Wafer market. The major innovation in this field is the reduction in the thickness of wafers which in turn reduces the cost and increases the efficiency of the solar wafers. The major reason for this cost reduction technology in the wire saws that enable wafers to be sawn at a much lower cost.
According to the report, mergers and acquisitions is an emerging trend in the Global Solar Wafer market. As the market is highly fragmented, it will certainly undergo consolidation in the form of mergers and acquisitions in the near future. One of the major mergers and acquisitions was in March 2010, when GCL acquired 70.19 percent equity of a Chinese solar silicon wafer supplier, Konca Solar Cell Co. Ltd.
Further, the report also discusses various challenges impacting the growth of this market including the dependence of solar panels on the intensity and duration of sunlight.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-solar-wafer-market-2011-2015
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