2012-09-13 09:33:17 - Advanced Materials and Devices for Renewable Energy: Global Markets - Focus on Emerging Markets - a new market research report on companiesandmarkets.com

The global market for advanced materials and devices used in renewable energy systems was $18.2 billion in 2010; it is projected to approach $22.3 billion in 2011 and it will further grow to $31.8 billion in 2016 increasing at a compound annual growth rate (CAGR) of 7.4%.In 2010, emerging market countries consumed $876 million worth of advanced materials and devices used in the production of renewable energy systems. The market is projected to grow to $925 million in 2011 and nearly $1.3 billion in 2016, a CAGR of 6.9% over the next 5 years.Photovoltaic materials and devices accounted for nearly 96% of the market in other countries. PV´s share of other countries is projected to decline to 91% by 2016.Report

 

 

ScopeThe overall goal of this study is to identify and quantify the market for advanced material and device technologies used in renewable-energy systems. Specific objectives include the following:- Identifying advanced materials and devices that are used in renewable-energy systems
- Analyzing and predicting trends in the most likely application(s) for each of these materials and devices, as the basis for developing baseline estimates of the renewable-energy-related market for advanced materials and devices
- Pinpointing new materials and devices that are likely to be introduced into renewable-energy systems in the next 5 years and their expected market impacts
- Drawing attention to manufacturers of renewable-energy systems and associated advanced materials and devices that are most likely to benefit from the trends identified above

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