China Remains Largest Producer of Solar PV Modules

Globally, the Asia-Pacific region has the maximum share of installed capacity, at around 61%, with China’s installed capacity about 18.43 GW in 2015. China held about a 23% share of the world’s c-Si installed capacity, and a 2.46% share of the thin-film installed capacity in 2015. Being a manufacturing hub, with favorable conditions for the manufacturing industry, China has maintained its position in the market for the eighth consecutive year. US held the second largest share in the solar PV market replacing Japan to third position, with installed capacity of 8.2 GW and 8 GW respectively, in 2015. Of the world’s c-Si capacity share, Japan held 25% and, in 2014, its thin-film production share was 26.36% – second to Malaysia, which contributed around 40%.

GlobalData’s “Solar PV Module Market, Update 2015 – Market Size, Average Price, Market Share and Key Country Analysis to 2020 report provides detailed information on the current solar PV module market, focusing on key countries as well as the global scenario. The report analyses annual module installation trends, module production volume and capacity, module production share, average module price and market size for global and key countries. Key countries include China, India, the US, Germany, Japan, Italy, Canada, UK, France and Australia.

Published: Jan’16 – Single user price: $3,995

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